01 September, 2017
During the last 52 weeks, the (NYSE:NUE) price has been as high as $68 and as low as $44.81. We have $57.79 PT which if reached, will make NYSE:NUE worth $710.00M more.
Several equities analysts have recently weighed in on the company. It improved, as 49 investors sold Nucor Corporation shares while 230 reduced holdings. Central Bank & Trust Co. now owns 42,000 shares of the basic materials company's stock worth $2,508,000 after buying an additional 16,483 shares during the period. Central Bank & Trust Co. increased its position in shares of Nucor Corporation by 64.6% in the first quarter. The forecast of 12 surveyed investment analysts covering the stock advises investors to Buy stake in the company. Oregon Public Employees Retirement Fund increased its position in shares of Nucor Corporation by 1.0% in the first quarter. The company has a market cap of $17.48 billion, a price-to-earnings ratio of 15.36 and a beta of 1.51.
How Company Returns Shareholder's Value? With an institutional ownership near 82.3%, it carries an earnings per share ratio of 1.69. Nucor Corporation (NUE) has a market cap of $17.51 billion and over the last 12 months, Nucor Corporation (NYSE:NUE) has gone stronger by 11.1%. A low price-to-sales ratio, typically less than 1.0, is considered a good value.
Nucor Corporation (NUE) will report its next earnings on Jul 20 BMO. The basic materials company reported $1.00 earnings per share for the quarter, missing the consensus estimate of $1.06 by $0.06. The figure allows investors to understand how effectively Nucor Corporation is able to convert its money into net income.
ArcelorMittal (NYSE:NUE) scores higher than Nucor Corporation (NYSE:MT) on 5 of the 9 measures compared between the two companies. At present, 0 analysts call it Sell, while 5 think it is Hold. The business's revenue for the quarter was up 21.9% compared to the same quarter a year ago.
FT reports, The 13 analysts offering 12 month price targets for Nucor Corporation have a median target of 70.00, with a high estimate of 78.00 and a low estimate of 60.00.
The company also recently announced a quarterly dividend, which was paid on Friday, August 11th. MT has a beta of 2.58 and NUE's beta is 1.55. The ex-dividend date of this dividend was Wednesday, June 28th. Nucor Corporation's dividend payout ratio (DPR) is 43.77%. If you are accessing this news story on another publication, it was illegally stolen and republished in violation of United States and global copyright and trademark laws. The correct version of this piece can be viewed at https://www.dispatchtribunal.com/2017/08/31/mitsubishi-ufj-trust-banking-corp-has-38-26-million-position-in-nucor-corporation-nue.html. The mean rating score for this stock is at 2.10. There are brokerage firms with lower targets than the average, including one setting a price target of $40. BidaskClub raised Nucor Corporation from a "sell" rating to a "hold" rating in a report on Tuesday, June 13th. Finally, Longbow Research upgraded Nucor Corporation from a "neutral" rating to a "buy" rating in a research note on Monday, June 19th. Cowen and Company reaffirmed a "market perform" rating and issued a $63.00 price objective (up from $62.00) on shares of Nucor Corporation in a report on Tuesday, July 25th. As per Thursday, March 16, the company rating was maintained by TD Securities.
Among 6 analysts covering AG Growth International (TSE:AFN), 4 have Buy rating, 0 Sell and 2 Hold.
When it comes to the Analysis of a Stock, Price Target plays a vital role. The stock was sold at an average price of $60.23, for a total value of $158,163.98.
Hologic, Inc. (NASDAQ:HOLX) closed at $37.49 a share in the latest session and the stock value rose nearly -6.56% since the beginning of this year. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Zacks Investment Research downgraded Nucor Corporation from a "hold" rating to a "sell" rating in a research note on Wednesday, July 19th. A simple moving average (SMA) is an mathematical moving average calculated by adding the closing price of the security for a number of time periods and then dividing this total by the number of time periods. The volume of KKR witnessed a shift from 5.1 million shares, based on a 50-day average, to 2.9 million shares. The disclosure for this sale can be found here. These ratios are important while doing valuation of the company or the shares of the company.
Inv Advsr Lc invested 0.02% of its portfolio in Nucor Corporation (NYSE:NUE). The Company produces direct reduced iron (DRI) for use in its steel mills. It operates in three divisions: steel mills, steel products and raw materials.
