Is Nucor Corp Stock a Good Investment?
Nucor Corp Investment Advice | NUE |
- Examine Nucor Corp's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Nucor Corp's leadership team and their track record. Good management can help Nucor Corp navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Metals & Mining space and any emerging trends that could impact Nucor Corp's business and its evolving consumer preferences.
- Compare Nucor Corp's performance and market position to its competitors. Analyze how Nucor Corp is positioned in terms of product offerings, innovation, and market share.
- Check if Nucor Corp pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Nucor Corp's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Nucor Corp stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Nucor Corp is a good investment.
Sell | Buy |
Strong Hold
Market Performance | Insignificant | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Very Low | Details | |
Economic Sensitivity | Hyperactively responds to market trends | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Nucor Corp Stock
Researching Nucor Corp's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 79.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 1.78. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Nucor Corp has Price/Earnings To Growth (PEG) ratio of 0.75. The entity recorded earning per share (EPS) of 10.4. The firm last dividend was issued on the 27th of September 2024. Nucor Corp had 2:1 split on the 1st of June 2006.
To determine if Nucor Corp is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Nucor Corp's research are outlined below:
| Over 79.0% of the company shares are owned by institutional investors | |
| On 8th of November 2024 Nucor Corp paid $ 0.54 per share dividend to its current shareholders | |
| Latest headline from gurufocus.com: Greenwave Technology Solutions, Inc. Expects U.S. ... |
Nucor Corp Quarterly Good Will |
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Nucor Corp uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Nucor Corp. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Nucor Corp's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 29th of January 2024 Upcoming Quarterly Report | View | |
| 18th of April 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 29th of January 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Earnings surprises can significantly impact Nucor Corp's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Nucor Corp's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2002-01-31 | 2001-12-31 | 0.04 | 0.05 | 0.01 | 25 | ||
2001-10-18 | 2001-09-30 | 0.06 | 0.07 | 0.01 | 16 | ||
2001-04-19 | 2001-03-31 | 0.1 | 0.11 | 0.01 | 10 | ||
1999-04-22 | 1999-03-31 | 0.07 | 0.08 | 0.01 | 14 | ||
2004-01-29 | 2003-12-31 | 0.04 | 0.06 | 0.02 | 50 | ||
2002-04-18 | 2002-03-31 | 0.05 | 0.07 | 0.02 | 40 | ||
1999-10-21 | 1999-09-30 | 0.18 | 0.2 | 0.02 | 11 | ||
2013-07-18 | 2013-06-30 | 0.3 | 0.27 | -0.03 | 10 |
Know Nucor Corp's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Nucor Corp is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Nucor Corp backward and forwards among themselves. Nucor Corp's institutional investor refers to the entity that pools money to purchase Nucor Corp's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | T. Rowe Price Associates, Inc. | 2024-06-30 | 2.4 M | Fmr Inc | 2024-09-30 | 2.3 M | Legal & General Group Plc | 2024-06-30 | 2.2 M | Amvescap Plc. | 2024-06-30 | 2 M | First Trust Advisors L.p. | 2024-06-30 | 1.6 M | Charles Schwab Investment Management Inc | 2024-09-30 | 1.6 M | Mizuho Securities Usa Inc | 2024-09-30 | 1.6 M | Bank Of New York Mellon Corp | 2024-06-30 | 1.6 M | Jpmorgan Chase & Co | 2024-06-30 | 1.5 M | Vanguard Group Inc | 2024-09-30 | 28.4 M | State Farm Mutual Automobile Ins Co | 2024-09-30 | 24.6 M |
Nucor Corp's market capitalization trends
The company currently falls under 'Large-Cap' category with a total capitalization of 36.34 B.Market Cap |
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Nucor Corp's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.16 | 0.17 | |
| Return On Capital Employed | 0.20 | 0.14 | |
| Return On Assets | 0.13 | 0.07 | |
| Return On Equity | 0.22 | 0.12 |
Determining Nucor Corp's profitability involves analyzing its financial statements and using various financial metrics to determine if Nucor Corp is a good buy. For example, gross profit margin measures Nucor Corp's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Nucor Corp's profitability and make more informed investment decisions.
Please note, the presentation of Nucor Corp's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Nucor Corp's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Nucor Corp's management manipulating its earnings.
Evaluate Nucor Corp's management efficiency
Nucor Corp has Return on Asset of 0.0661 % which means that on every $100 spent on assets, it made $0.0661 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1322 %, implying that it generated $0.1322 on every 100 dollars invested. Nucor Corp's management efficiency ratios could be used to measure how well Nucor Corp manages its routine affairs as well as how well it operates its assets and liabilities. The current year's Return On Tangible Assets is expected to grow to 0.17, whereas Return On Capital Employed is forecasted to decline to 0.14. At present, Nucor Corp's Non Current Assets Total are projected to increase significantly based on the last few years of reporting. The current year's Non Currrent Assets Other is expected to grow to about 355.7 M, whereas Intangibles To Total Assets are forecasted to decline to 0.20.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 88.58 | 93.00 | |
| Tangible Book Value Per Share | 60.24 | 63.25 | |
| Enterprise Value Over EBITDA | 5.73 | 7.18 | |
| Price Book Value Ratio | 2.08 | 2.55 | |
| Enterprise Value Multiple | 5.73 | 7.18 | |
| Price Fair Value | 2.08 | 2.55 | |
| Enterprise Value | 14.7 B | 15.4 B |
Nucor Corp benefits from a management team that prioritizes both innovation and efficiency. We analyze these priorities to gauge the stock's future performance.
Dividend Yield 0.014 | Forward Dividend Yield 0.014 | Forward Dividend Rate 2.16 | Beta 1.567 |
Basic technical analysis of Nucor Stock
As of the 30th of November, Nucor Corp secures the Mean Deviation of 1.66, downside deviation of 2.34, and Risk Adjusted Performance of 0.0371. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Nucor Corp, as well as the relationship between them. Please verify Nucor Corp variance, as well as the relationship between the value at risk and skewness to decide if Nucor Corp is priced some-what accurately, providing market reflects its recent price of 154.69 per share. Given that Nucor Corp has jensen alpha of (0.24), we recommend you to check Nucor Corp's last-minute market performance to make sure the company can sustain itself at a future point.Nucor Corp's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Nucor Corp insiders, such as employees or executives, is commonly permitted as long as it does not rely on Nucor Corp's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Nucor Corp insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Nucor Corp's Outstanding Corporate Bonds
Nucor Corp issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Nucor Corp uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Nucor bonds can be classified according to their maturity, which is the date when Nucor Corp has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| Boeing Co 2196 Corp BondUS097023DG73 | View | |
| HSBC Holdings PLC Corp BondUS404280DR76 | View | |
| MPLX LP 52 Corp BondUS55336VAL45 | View | |
| NUE 3125 01 APR 32 Corp BondUS670346AV71 | View | |
| NUE 2979 15 DEC 55 Corp BondUS670346AU98 | View | |
| NUE 385 01 APR 52 Corp BondUS670346AW54 | View | |
| US670346AR69 Corp BondUS670346AR69 | View | |
| NUCOR P 44 Corp BondUS670346AQ86 | View |
Understand Nucor Corp's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Nucor Corp's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.0371 | |||
| Market Risk Adjusted Performance | 0.0473 | |||
| Mean Deviation | 1.66 | |||
| Semi Deviation | 2.13 | |||
| Downside Deviation | 2.34 | |||
| Coefficient Of Variation | 2565.89 | |||
| Standard Deviation | 2.79 | |||
| Variance | 7.8 | |||
| Information Ratio | (0.01) | |||
| Jensen Alpha | (0.24) | |||
| Total Risk Alpha | (0.37) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.0373 | |||
| Maximum Drawdown | 19.91 | |||
| Value At Risk | (3.82) | |||
| Potential Upside | 2.5 | |||
| Downside Variance | 5.47 | |||
| Semi Variance | 4.56 | |||
| Expected Short fall | (1.68) | |||
| Skewness | 2.58 | |||
| Kurtosis | 15.72 |
| Risk Adjusted Performance | 0.0371 | |||
| Market Risk Adjusted Performance | 0.0473 | |||
| Mean Deviation | 1.66 | |||
| Semi Deviation | 2.13 | |||
| Downside Deviation | 2.34 | |||
| Coefficient Of Variation | 2565.89 | |||
| Standard Deviation | 2.79 | |||
| Variance | 7.8 | |||
| Information Ratio | (0.01) | |||
| Jensen Alpha | (0.24) | |||
| Total Risk Alpha | (0.37) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.0373 | |||
| Maximum Drawdown | 19.91 | |||
| Value At Risk | (3.82) | |||
| Potential Upside | 2.5 | |||
| Downside Variance | 5.47 | |||
| Semi Variance | 4.56 | |||
| Expected Short fall | (1.68) | |||
| Skewness | 2.58 | |||
| Kurtosis | 15.72 |
Consider Nucor Corp's intraday indicators
Nucor Corp intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Nucor Corp stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Accumulation Distribution | 12910.26 | |||
| Daily Balance Of Power | (0.04) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 155.09 | |||
| Day Typical Price | 154.95 | |||
| Price Action Indicator | (0.44) | |||
| Period Momentum Indicator | (0.08) | |||
| Relative Strength Index | 60.54 |
Nucor Corp Corporate Filings
| 22nd of November 2024 Other Reports | ViewVerify | |
F4 | 13th of November 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
10Q | 6th of November 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
8K | 21st of October 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
Nucor Stock media impact
Far too much social signal, news, headlines, and media speculation about Nucor Corp that are available to investors today. That information is available publicly through Nucor media outlets and privately through word of mouth or via Nucor internal channels. However, regardless of the origin, that massive amount of Nucor data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Nucor Corp news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Nucor Corp relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Nucor Corp's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Nucor Corp alpha.
Nucor Corp Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Nucor Corp can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Nucor Corp Historical Investor Sentiment
Investor biases related to Nucor Corp's public news can be used to forecast risks associated with an investment in Nucor. The trend in average sentiment can be used to explain how an investor holding Nucor can time the market purely based on public headlines and social activities around Nucor Corp. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Nucor Corp's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Nucor Corp and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average Nucor Corp news discussions. The higher the estimate score, the more favorable the investor's outlook on Nucor Corp.
Nucor Corp Corporate Directors
| Christopher Kearney | Independent Director | Profile | |
| Laurette Koellner | Independent Director | Profile | |
| Nadja West | Independent Director | Profile | |
| Joseph Rupp | Independent Director | Profile |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nucor Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment. For information on how to trade Nucor Stock refer to our How to Trade Nucor Stock guide.You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Is Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Nucor Corp. If investors know Nucor will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Nucor Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.77) | Dividend Share 2.16 | Earnings Share 10.4 | Revenue Per Share 129.875 | Quarterly Revenue Growth (0.15) |
The market value of Nucor Corp is measured differently than its book value, which is the value of Nucor that is recorded on the company's balance sheet. Investors also form their own opinion of Nucor Corp's value that differs from its market value or its book value, called intrinsic value, which is Nucor Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Nucor Corp's market value can be influenced by many factors that don't directly affect Nucor Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
In summary, please note that there is a difference between Nucor Corp's value and its price, as these two are different measures arrived at by various means. Investors typically determine if Nucor Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nucor Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.