stoxline Quote Chart Rank Option Currency Glossary
  
Nucor Corporation (NUE)
174.64  -16.99 (-8.87%)    04-23 16:00
Open: 177.7
High: 183.95
Volume: 4,846,269
  
Pre. Close: 191.63
Low: 174.4
Market Cap: 42,044(M)
Technical analysis
2024-04-24 8:48:45 AM
Short term     
Mid term     
Targets 6-month :  224.34 1-year :  237.1
Resists First :  192.07 Second :  203
Pivot price 194.55
Supports First :  174.39 Second :  145.1
MAs MA(5) :  188.23 MA(20) :  195.36
MA(100) :  182.16 MA(250) :  166.2
MACD MACD :  -1.4 Signal :  0.9
%K %D K(14,3) :  13.2 D(3) :  16.3
RSI RSI(14): 23.7
52-week High :  203 Low :  129.78
Price, MAs and Bollinger Bands

Price has closed below its short-term moving average. Short-term moving average is currently below mid-term; and above long-term moving average. From the relationship between price and moving averages: This stock is BEARISH in short-term; and NEUTRAL in mid-long term.
[ NUE ] has closed below the lower bollinger band by 27.3%. If price is in a downtrend band; this downward trend might continue. However a short term pullback inside the band is likely. Bollinger Bands are 55% wider than normal. The large width of the bands suggest high volatility as compared to its normal range. The bands have been in this wide range for 0 days. This is a sign that the current trend might continue.

Stock Price Prediction
If tomorrow: Open lower Open higher
High: 184.17 - 185.14 185.14 - 185.96
Low: 172.17 - 173.24 173.24 - 174.14
Close: 172.9 - 174.7 174.7 - 176.23
Company Description

Nucor Corporation manufactures and sells steel and steel products. The company's Steel Mills segment produces hot-rolled, cold-rolled, and galvanized sheet steel products; plate steel products; wide-flange beams, beam blanks, and H-piling and sheet piling products; and bar steel products, such as blooms, billets, concrete reinforcing and merchant bars, and special bar quality products. It also engages in the steel trading and rebar distribution businesses. This segment sells its products to steel service centers, fabricators, and manufacturers in the United States, Canada, and Mexico. Its Steel Products segment offers hollow structural section steel tubing products, electrical conduits, steel racking, steel joists and joist girders, steel decks, fabricated concrete reinforcing steel products, cold finished steel products, steel fasteners, metal building systems, insulated metal panels, steel grating and expanded metal products, and wire and wire mesh products primarily for use in nonresidential construction applications. This segment also engages in the piling distribution business. The company's Raw Materials segment produces direct reduced iron (DRI); brokers ferrous and nonferrous metals, pig iron, hot briquetted iron, and DRI; supplies ferro-alloys; and processes ferrous and nonferrous scrap metal, as well as engages in the natural gas drilling operations. This segment sells its ferrous scrap to electric arc furnace steel mills and foundries for manufacturing process; and nonferrous scrap metal to aluminum can producers, secondary aluminum smelters, steel mills and other processors, and consumers of various nonferrous metals. It serves agriculture, automotive, construction, energy and transmission, oil and gas, heavy equipment, infrastructure, and transportation industries through its in-house sales force; and internal distribution and trading companies. Nucor Corporation was incorporated in 1958 and is based in Charlotte, North Carolina.

Headline News

Wed, 24 Apr 2024
Nucor First Quarter 2024 Earnings: Misses Expectations - Simply Wall St

Wed, 24 Apr 2024
Nucor Corp (NUE) Q1 2024 Earnings Call Transcript Highlights: Strong Performance and Strategic Insights - GuruFocus.com

Tue, 23 Apr 2024
Nucor Corp. stock falls Tuesday, underperforms market - MarketWatch

Tue, 23 Apr 2024
Nucor Corporation (NUE) Q1 2024 Earnings Call Transcript - Seeking Alpha

Tue, 23 Apr 2024
Cleveland-Cliffs, Nucor Shares Are Sliding Tuesday: What's Going On? - Cleveland-Cliffs (NYSE:CLF), Nucor - Benzinga

Tue, 23 Apr 2024
Nucor's (NUE) Earnings Lag, Revenues Beat Estimates in Q1 - Zacks Investment Research

Financial Analysis
Price to Book Value:
P/BV, a ratio used to compare book value to its current market price, to gauge whether a stock is valued properly.
Outperform
Price to Earnings:
PE, the ratio for valuing a company that measures its current share price relative to its earnings per share (EPS).
Outperform
Discounted cash flow:
DCF, a valuation method used to estimate the value of an investment based on its expected future cash flows.
Outperform
Return on Assets:
ROA, indicates how profitable a company is in relation to its total assets, how efficiently uses assets to generate a profit.
Outperform
Return on Equity:
ROE, a measure of financial performance calculated by dividing net income by equity. a gauge of profitability and efficiency.
Outperform
Debt to Equity:
evaluate financial leverage, reflects the ability of equity to cover outstanding debts in the event of a business downturn.
Outperform
Stock Basics & Statistics
Exchange:
NYSE
Sector:
Basic Materials
Industry:
Steel
Shares Out 240 (M)
Shares Float 239 (M)
Held by Insiders 0.5 (%)
Held by Institutions 81.3 (%)
Shares Short 4,900 (K)
Shares Short P.Month 4,950 (K)
Stock Financials
EPS 18.01
EPS Est Next Qtrly 0
EPS Est This Year 0
EPS Est Next Year 0
Book Value (p.s.) 85.51
Profit Margin 13 %
Operating Margin 13.4 %
Return on Assets (ttm) 11.4 %
Return on Equity (ttm) 23.5 %
Qtrly Rev. Growth -11.7 %
Gross Profit (p.s.) 0
Sales Per Share 144.63
EBITDA (p.s.) 30.83
Qtrly Earnings Growth -35.3 %
Operating Cash Flow 7,110 (M)
Levered Free Cash Flow 3,550 (M)
Stock Valuations
PE Ratio 9.69
PEG Ratio -2
Price to Book value 2.04
Price to Sales 1.2
Price to Cash Flow 5.89
Stock Dividends
Dividend 0
Forward Dividend 0
Dividend Yield 0%
Dividend Pay Date Invalid DateTime.
Ex-Dividend Date Invalid DateTime.

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