2 weeks Ago By ABMN Staff
Nucor ( NYSE:NUE – Get Free Report ) is expected to announce its earnings results after the market closes on Monday, April 28th. Analysts expect the company to announce earnings of $0.92 per share and revenue of $7.
25 billion for the quarter. Individual that wish to register for the company’s earnings conference call can do so using this link . Nucor ( NYSE:NUE – Get Free Report ) last announced its quarterly earnings data on Monday, January 27th.
The basic materials company reported $1.22 EPS for the quarter, beating analysts’ consensus estimates of $0.94 by $0.
28. Nucor had a net margin of 6.60% and a return on equity of 9.
85%. During the same period in the prior year, the company earned $3.16 earnings per share.
On average, analysts expect Nucor to post $8 EPS for the current fiscal year and $11 EPS for the next fiscal year. Nucor Stock Up 1.5 % NUE opened at $110.
62 on Monday. The business has a 50 day simple moving average of $125.13 and a 200-day simple moving average of $133.
02. Nucor has a 12 month low of $97.59 and a 12 month high of $193.
61. The stock has a market capitalization of $25.50 billion, a P/E ratio of 13.
15, a P/E/G ratio of 0.96 and a beta of 1.67.
The company has a debt-to-equity ratio of 0.27, a current ratio of 2.51 and a quick ratio of 1.
48. Nucor Dividend Announcement Wall Street Analyst Weigh In A number of equities research analysts have recently issued reports on the stock. UBS Group upgraded shares of Nucor from a “neutral” rating to a “buy” rating and lifted their price target for the company from $156.
00 to $160.00 in a research report on Monday, March 24th. The Goldman Sachs Group dropped their price target on Nucor from $175.
00 to $169.00 and set a “buy” rating for the company in a research report on Monday, April 7th. Argus set a $155.
00 price objective on shares of Nucor in a research note on Wednesday, March 5th. StockNews.com raised shares of Nucor from a “sell” rating to a “hold” rating in a report on Friday.
Finally, Jefferies Financial Group raised their price objective on shares of Nucor from $125.00 to $135.00 and gave the stock a “hold” rating in a research note on Wednesday, January 29th.
Three investment analysts have rated the stock with a hold rating, six have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $160.
33. Read Our Latest Stock Analysis on Nucor Nucor Company Profile ( Get Free Report ) Nucor Corporation engages in manufacture and sale of steel and steel products. It operates in three segments: steel mills, steel products, and raw materials.
The 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 structural steel products; bar steel products, such as blooms, billets, concrete reinforcing and merchant bars, and engineered special bar quality products; and engages in the steel trading and rebar distribution businesses. Featured Stories Receive News & Ratings for Nucor Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nucor and related companies with MarketBeat.com's FREE daily email newsletter .
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