Is Nucor (Nue) stock a solid choice right now?
Is Nucor (NUE) Stock a Solid Choice Right Now? Nucor (NUE) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well. Regular readers will know that we love our dividends at Simply Wall St, which is why it's exciting to see Nucor...
What are analysts'target prices for Nucor's stock?
11 equities research analysts have issued 1 year target prices for Nucor's shares. Their forecasts range from $80.00 to $142.00. On average, they anticipate Nucor's stock price to reach $115.50 in the next twelve months.
What price target do analysts set for Nue?
What price target have analysts set for NUE? 10 brokerages have issued 12-month price objectives for Nucor's shares. Their forecasts range from $48.00 to $114.00. On average, they expect Nucor's share price to reach $80.27 in the next year.
Who sold Nue stock in the last quarter?
NUE stock was sold by a variety of institutional investors in the last quarter, including Park National Corp OH, Cullinan Associates Inc., Vigilare Wealth Management, and Neville Rodie & Shaw Inc..
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Is NUE stock a buy?
A company with a P/E ratio of 40 and a growth rate of 50% would have a PEG ratio of 0.80 (40 / 50 = 0.80)....Momentum Scorecard. More Info.Zacks RankDefinitionAnnualized Return1Strong Buy24.75%2Buy18.15%3Hold9.70%4Sell5.35%2 more rows
Will NUE stock go up?
Nucor Corp (NYSE:NUE) The 11 analysts offering 12-month price forecasts for Nucor Corp have a median target of 120.00, with a high estimate of 180.00 and a low estimate of 101.00. The median estimate represents a +1.72% increase from the last price of 117.97.
Is nue in the S&P 500?
Nucor's index membership is Russell 1000, S&P 500 Materials Sector, Russell 3000 and S&P 500.
What is nue price target?
Stock Price Target NUEHigh$180.00Median$125.00Low$105.00Average$131.59Current Price$110.49
Is Nucor undervalued?
At its current price of $108.78 per share and the market cap of $32.6 billion, Nucor stock appears to be significantly overvalued.
Is Nucor Corporation a buy?
Due to the size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, Nucor is rated Zacks Rank #1 (Strong Buy).
What ETF is Nucor in?
Nucor Corporation is a company in the U.S. stock market and it is a holding in 254 U.S.-traded ETFs. NUE has around 37.4M shares in the U.S. ETF market. The largest ETF holder of NUE is the SPDR S&P 500 ETF Trust (SPY), with approximately 2.89M shares.
What sector is Nucor in?
Nucor Corporation is focused on manufacturing steel and steel products that produces direct reduced iron for use in its steel mills. The Company's segments include Steel Mills, Steel Products and Raw Materials.
Is NUE a strong buy?
Among the 10 top performers on the S&P of 2021 #10, up 115%. This boasts multi-year rallies, so he thinks this has a chance of repeating 115%. Pricing in steel will stay strong this year.
Is Nucor stock overvalued?
The current year Enterprise Value is expected to grow to about 21.9 B, whereas Free Cash Flow is forecasted to decline to about 1.2 B. Nucor Corp secures a last-minute Real Value of $108.48 per share. The latest price of the firm is $109.01....2022-06-29.LowEstimated ValueHigh104.43107.55110.67
Is CLF a good stock to buy?
The financial health and growth prospects of CLF, demonstrate its potential to outperform the market. It currently has a Growth Score of A. Recent price changes and earnings estimate revisions indicate this would be a good stock for momentum investors with a Momentum Score of A.
Should I buy or sell Nucor stock right now?
9 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Nucor in the last twelve months. There are currently 1 s...
What is Nucor's stock price forecast for 2022?
9 Wall Street research analysts have issued 12 month price objectives for Nucor's shares. Their NUE stock forecasts range from $102.00 to $190.00....
How has Nucor's stock performed in 2022?
Nucor's stock was trading at $114.15 at the beginning of the year. Since then, NUE stock has increased by 5.3% and is now trading at $120.17. View...
When is Nucor's next earnings date?
Nucor is scheduled to release its next quarterly earnings announcement on Thursday, July 28th 2022. View our earnings forecast for Nucor .
How were Nucor's earnings last quarter?
Nucor Co. (NYSE:NUE) posted its quarterly earnings data on Thursday, April, 21st. The basic materials company reported $7.67 earnings per share for...
How often does Nucor pay dividends? What is the dividend yield for Nucor?
Nucor declared a quarterly dividend on Thursday, June 9th. Investors of record on Thursday, June 30th will be given a dividend of $0.50 per share o...
Is Nucor a good dividend stock?
Nucor(NYSE:NUE) pays an annual dividend of $2.00 per share and currently has a dividend yield of 1.66%. Nucor has been increasing its dividend for...
How will Nucor's stock buyback program work?
Nucor declared that its board has authorized a stock buyback program on Thursday, December 2nd 2021, which allows the company to buyback $4,000,000...
What guidance has Nucor issued on next quarter's earnings?
Nucor issued an update on its first quarter 2022 earnings guidance on Thursday, April, 14th. The company provided earnings per share (EPS) guidance...
About Nucor
Nucor (NYSE:NUE) Frequently Asked Questions
Nucor Corp. engages in the manufacturing of steel and steel products. It operates through the following segments: Steel Mills, Steel Products, and Raw Materials.
Premium Research for NUE
11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Nucor in the last year. There are currently 1 sell rating, 7 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" Nucor stock.
Company Summary
This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.
What is Nucor Steel?
Headquartered in Charlotte, NC, Nucor Corporation is a leading producer of structural steel, steel bars, steel joists, steel deck and cold finished bars in the United States. It also produces direct reduced iron (“DRI”) that is used in its steel mills. The company has 123 operating facilities, primarily in the United States and Canada.
Will commodity prices rise in 2019?
The largest steelmaker in the United States by production volume, Nucor uses electric arc furnaces to produce a wide variety of steel products that service all major end markets. Nucor is involved in every phase of the steelmaking value chain, from collecting and processing scrap to manufacturing value-added fabricated steel products.
