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In the latest session, Nucor Corp (NYSE: NUE) closed at $152.20 down -1.10% from its previous closing price of $153.89. In other words, the price has decreased by -$1.10 from its previous closing price. On the day, 2.47 million shares were traded. NUE stock price reached its highest trading level at $154.6899 during the session, while it also had its lowest trading level at $151.43.
Ratios:
For a deeper understanding of Nucor Corp’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 7.36 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 20.37. For the most recent quarter (mrq), Quick Ratio is recorded 1.61 and its Current Ratio is at 2.59. In the meantime, Its Debt-to-Equity ratio is 0.34 whereas as Long-Term Debt/Eq ratio is at 0.28.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, JP Morgan on September 09, 2024, Upgraded its rating to Overweight and sets its target price to $174 from $170 previously.
On August 15, 2024, Morgan Stanley Upgraded its rating to Overweight which previously was Equal-Weight and also lowered its target price recommendation from $187 to $176.
On May 20, 2024, Jefferies started tracking the stock assigning a Hold rating and target price of $190.Jefferies initiated its Hold rating on May 20, 2024, with a $190 target price.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Nov 11 ’24 when Behr Allen C sold 4,968 shares for $159.72 per share. The transaction valued at 793,470 led to the insider holds 85,376 shares of the business.
Behr Allen C bought 4,968 shares of NUE for $793,470 on Nov 11 ’24. On Nov 06 ’24, another insider, Topalian Leon J, who serves as the Chair, President and CEO of the company, sold 11,000 shares for $169.11 each. As a result, the insider received 1,860,240 and left with 172,136 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, NUE now has a Market Capitalization of 36135321600 and an Enterprise Value of 39056027648. As of this moment, Nucor’s Price-to-Earnings (P/E) ratio for their current fiscal year is 14.71, and their Forward P/E ratio for the next fiscal year is 16.22. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 7.32. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.14 while its Price-to-Book (P/B) ratio in mrq is 1.75. Its current Enterprise Value per Revenue stands at 1.245 whereas that against EBITDA is 7.906.
Stock Price History:
Over the past 52 weeks, NUE has reached a high of $203.00, while it has fallen to a 52-week low of $133.42. The 50-Day Moving Average of the stock is 2.44%, while the 200-Day Moving Average is calculated to be -8.05%.
Shares Statistics:
For the past three months, NUE has traded an average of 1.68M shares per day and 2457660 over the past ten days. A total of 244.90M shares are outstanding, with a floating share count of 233.31M. Insiders hold about 0.64% of the company’s shares, while institutions hold 80.22% stake in the company. Shares short for NUE as of 1730332800 were 4870136 with a Short Ratio of 2.90, compared to 1727654400 on 5288961. Therefore, it implies a Short% of Shares Outstanding of 4870136 and a Short% of Float of 2.73.
Dividends & Splits
According to the company, the forward annual dividend rate for NUE is 2.16, from 2.16 in the trailing year. Against a Trailing Annual Dividend Yield of 0.014036001The stock’s 5-year Average Dividend Yield is 1.95.
