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The price of Nucor Corp (NYSE: NUE) closed at $131.05 in the last session, up 0.96% from day before closing price of $129.81. In other words, the price has increased by $0.96 from its previous closing price. On the day, 1.86 million shares were traded. NUE stock price reached its highest trading level at $131.5199 during the session, while it also had its lowest trading level at $129.11.
Ratios:
We take a closer look at NUE’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 7.30 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 37.48. For the most recent quarter (mrq), Quick Ratio is recorded 1.48 and its Current Ratio is at 2.51. In the meantime, Its Debt-to-Equity ratio is 0.35 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, UBS on December 12, 2024, Downgraded its rating to Neutral and sets its target price to $156 from $171 previously.
On December 02, 2024, Goldman started tracking the stock assigning a Buy rating and target price of $190.
JP Morgan Upgraded its Neutral to Overweight on September 09, 2024, whereas the target price for the stock was revised from $170 to $174.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. 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 30211743744 and an Enterprise Value of 34262720512. As of this moment, Nucor’s Price-to-Earnings (P/E) ratio for their current fiscal year is 15.60, and their Forward P/E ratio for the next fiscal year is 11.89. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.94. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.98 while its Price-to-Book (P/B) ratio in mrq is 1.50. Its current Enterprise Value per Revenue stands at 1.115 whereas that against EBITDA is 7.904.
Stock Price History:
The Beta on a monthly basis for NUE is 1.64, which has changed by -0.33267134 over the last 52 weeks, in comparison to a change of 0.08275449 over the same period for the S&P500. Over the past 52 weeks, NUE has reached a high of $203.00, while it has fallen to a 52-week low of $112.25. The 50-Day Moving Average of the stock is 0.86%, while the 200-Day Moving Average is calculated to be -8.75%.
Shares Statistics:
According to the various share statistics, NUE traded on average about 2.80M shares per day over the past 3-months and 2660090 shares per day over the past 10 days. A total of 232.80M shares are outstanding, with a floating share count of 228.92M. Insiders hold about 0.70% of the company’s shares, while institutions hold 79.59% stake in the company. Shares short for NUE as of 1740700800 were 4417467 with a Short Ratio of 1.58, compared to 1738281600 on 4435400. Therefore, it implies a Short% of Shares Outstanding of 4417467 and a Short% of Float of 2.53.
Dividends & Splits
The forward annual dividend rate for NUE is 2.17, which was 2.17 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.016716741The stock’s 5-year Average Dividend Yield is 1.85. The current Payout Ratio is 25.65% for NUE, which recently paid a dividend on 2024-12-31 with an ex-dividend date of 1743379200. Stock splits for the company last occurred on 2006-06-01 when the company split stock in a 2:1 ratio.
