Companhia Siderurgica Nacional ADR (SID) Stocks Reach New Highs at $3.14 During Trading Session

After finishing at $3.08 in the prior trading day, Companhia Siderurgica Nacional ADR (NYSE: SID) closed at $3.14, up 1.95%. In other words, the price has increased by $+0.0600 from its previous closing price. On the day, 3373652 shares were traded.

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Ratios:

Our goal is to gain a better understanding of SID by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 1.15 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 7.21. For the most recent quarter (mrq), Quick Ratio is recorded 0.94 and its Current Ratio is at 1.32. In the meantime, Its Debt-to-Equity ratio is 2.61 whereas as Long-Term Debt/Eq ratio is at 2.16.

On July 10, 2023, Itau BBA Downgraded its rating to Underperform which previously was Market Perform but kept the price unchanged to $2.30.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SID now has a Market Capitalization of 4.14B and an Enterprise Value of 9.74B. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.46 while its Price-to-Book (P/B) ratio in mrq is 1.16. Its current Enterprise Value per Revenue stands at 0.22 whereas that against EBITDA is 1.37.

Stock Price History:

Over the past 52 weeks, SID has reached a high of $4.03, while it has fallen to a 52-week low of $2.01. The 50-Day Moving Average of the stock is 3.4050, while the 200-Day Moving Average is calculated to be 2.9471.

Shares Statistics:

The stock has traded on average 2.60M shares per day over the past 3-months and 2.96M shares per day over the last 10 days, according to various share statistics. A total of 1.33B shares are outstanding, with a floating share count of 1.33B. Insiders hold about 0.01% of the company’s shares, while institutions hold 2.95% stake in the company. Shares short for SID as of Feb 29, 2024 were 2.86M with a Short Ratio of 1.07, compared to 2.48M on Jan 31, 2024.

Dividends & Splits

Against a Trailing Annual Dividend Yield of 0.00%, it implies a Forward Annual Dividend Yield of 8.60%. The stock’s 5-year Average Dividend Yield is 7.19. The current Payout Ratio is 230.06% for SID, which recently paid a dividend on Dec 06, 2023 with an ex-dividend date of Nov 22, 2023. Stock splits for the company last occurred on Apr 07, 2010 when the company split stock in a 2:1 ratio.

Earnings Estimates

Its stock is currently analyzed by 1 different market analysts. On average, analysts expect EPS of $0.1 for the current quarter, with a high estimate of $0.1 and a low estimate of $0.1, while EPS last year was -$0.14. The consensus estimate for the next quarter is $0.11, with high estimates of $0.11 and low estimates of $0.11.

Analysts are recommending an EPS of between $0.38 and $0.13 for the fiscal current year, implying an average EPS of $0.25. EPS for the following year is $0.42, with 1 analysts recommending between $0.42 and $0.42.

Revenue Estimates

A total of 2 analysts have provided revenue estimates for SID’s current fiscal year. The highest revenue estimate was $8.88B, while the lowest revenue estimate was $8.3B, resulting in an average revenue estimate of $8.59B. In the same quarter a year ago, actual revenue was $9.13B, down -5.90% from the average estimate. Based on 1 analysts’ estimates, the company’s revenue will be $8.62B in the next fiscal year. The high estimate is $8.62B and the low estimate is $8.62B. The average revenue growth estimate for next year is up 0.30% from the average revenue estimate for this year.

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