As on Wednesday, Nucor Corp (NYSE: NUE) got off with the flyer as it spiked 2.82% to $123.03, before settling in for the price of $119.66 at the close. Taking a more long-term approach, NUE posted a 52-week range of $112.25-$203.00.
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The company of the Basic Materials sector’s yearbook sales growth during the past 5- year span was recorded 11.25%. Meanwhile, its Annual Earning per share during the time was 15.38%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -7.73%. This publicly-traded company’s shares outstanding now amounts to $232.80 million, simultaneously with a float of $229.13 million. The organization now has a market capitalization sitting at $28.39 billion. At the time of writing, stock’s 50-day Moving Average stood at $130.48, while the 200-day Moving Average is $141.82.
Nucor Corp (NUE) Ownership Facts and Figures
Another important factor to analyze is how key investors are playing towards the stock of the Steel industry. Nucor Corp’s current insider ownership accounts for 0.70%, in contrast to 79.44% institutional ownership. According to the most recent insider trade that took place on Nov 11 ’24, this organization’s Executive Vice President sold 4,968 shares at the rate of 159.72, making the entire transaction reach 793,470 in total value, affecting insider ownership by 85,376.
Nucor Corp (NUE) Earnings and Revenue Records
Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.17 per share during the current fiscal year.
Nucor Corp’s EPS decrease for this current 12-month fiscal period is -7.73% and is forecasted to reach 10.91 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 16.59% through the next 5 years, which can be compared against the 15.38% growth it accomplished over the previous five years trading on the market.
Nucor Corp (NYSE: NUE) Trading Performance Indicators
Let’s observe the current performance indicators for Nucor Corp (NUE). It’s Quick Ratio in the last reported quarter now stands at 1.48. The Stock has managed to achieve an average true range (ATR) of 4.51. Alongside those numbers, its PE Ratio stands at $14.64, and its Beta score is 1.75. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.92. Similarly, its price to free cash flow for trailing twelve months is now 35.22.
In the same vein, NUE’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 8.40, a figure that is expected to reach 0.79 in the next quarter, and analysts are predicting that it will be 10.91 at the market close of one year from today.
Technical Analysis of Nucor Corp (NUE)
Through scrutinizing the latest numbers posted by the [Nucor Corp, NUE], it can be observed that its last 5-days Average volume of 2.33 million was lower the volume of 2.89 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 29.73% While, its Average True Range was 4.48.
Raw Stochastic average of Nucor Corp (NUE) in the period of the previous 100 days is set at 18.50%, which indicates a major fall in contrast to 37.03% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 40.58% that was lower than 42.19% volatility it exhibited in the past 100-days period.
