What Are The Risk Factors For Nucor Corporation (NUE)?

At the last check on Friday, Nucor Corporation’s (NYSE:NUE) stock was up $2.67, moving up 1.99 percent to $136.92. The average number of shares traded per day over the past five days has been 1,484,581 shares. 3 times new highs have been achieved over the past 5 days, with a $1.66 gain in that time frame. In the last twenty days, the average volume was 2,208,450, while in the previous 50 days, it was 2,394,672.

Since last month, NUE stock rose 26.76%. Shares of the company fell to $102.58 on 07/06/22, the lowest level in the past month. A 52-week high of $187.90 was reached on 04/21/22 after having rallying from a 52-week low of $88.50. Since the beginning of this year, NUE’s stock price has risen by 17.61% or $23.31, and marked a new high 20 times. However, the stock has declined by -27.13% since its 52-week high.


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Nucor Corporation (NUE) last reported insider trading activity 10 days ago on Jul 26. Behr Allen C, the Executive Vice President of the company, disposed of 4,353 shares for $122.57 on Jul 26. It resulted in a $533,542 divestment by the insider. Behr Allen C sold 3,407 shares at an average price of $122.17 on Jul 25. The insider now owns 64,087 shares following the transaction. On Jun 17, President and CEO Topalian Leon J sold 48,768 shares at $112.61 apiece. The transaction was valued at $5,491,919.

Valuation Metrics

Right now, Nucor Corporation (NUE) has a P/E ratio of about 5.72. The stock’s beta is 1.39. Besides these, the trailing price-to-sales (P/S) ratio of 0.90, the price-to-book (PB) ratio of 2.40, and the price-to-cash flow ratio of 7.99 may also be considered.

The latest dividend of $0.50 per share was paid out, remained unchanged from last year’s $0.50. On Thursday December 2 2021, a $0.0950 dividend increase was announced.

Financial Health

In the three months ended June 29, Nucor Corporation’s quick ratio stood at 1.70, while its current ratio was 2.90, showing that the company is able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending June 29 was 0.40, and the total debt-to-equity ratio was 0.45. On the profitability front, the trailing twelve-month gross margin is 30.20% percent. In the year ended June 29, operating margins totaled 25.40%. Based on annual data, NUE earned $11.03 billion in gross profit and brought in $36.48 billion in revenue.

A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 36.40%. Return on equity (ROE) for the past 12 months was 49.50%.

In Nucor Corporation’s quarter-end financial report for June 29, it reported total debt of $6.11 billion against cash and short-term investments of $446.87 million. According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. NUE’s revenue rose 33.13% to $10.36 billion during the quarter, while net income inched up to $10.49 billion. While analysts expected Nucor Corporation to report $8.85 quarterly earnings, the actual figure was $9.67 per share, beating the consensus estimate by 9.30%. During the quarter, the company generated $3.17 billion in EBITDA. The liabilities of Nucor Corporation were 12.49 billion at the end of its most recent quarter ended June 29, and its total debt was $7.35 billion. The value of shareholders’ equity is $266.06 million.

Technical Picture

This quick technical analysis looks at Nucor Corporation’s (NUE) price momentum. With a historical volatility rate of 28.48%, the RSI 9-day stood at 72.74% on 04 August.

With respect to its five-day moving average, the current Nucor Corporation price is up by +1.22% percent or $1.66. At present, NUE shares trade +26.10% above its 20-day simple moving average and +4.10% percent above its 100-day simple moving average. However, the stock is currently trading approximately +10.66% above its SMA50 and +33.07% above its SMA200.

Stochastic coefficient K was 90.34% and Stochastic coefficient D was 88.81%, while ATR was 5.06. Given the Stochastic reading of 95.83% for the 14-day period, the RSI (14) reading has been calculated as 67.75%. As of today, the MACD Oscillator reading stands at 2.49, while the 14-day reading stands at 6.33.

Analyst Ratings

JP Morgan reiterated its a Neutral rating on Nucor Corporation (NYSE: NUE) in a note to investors. The analysts firm has however raised their price target to $125, representing a possible 6.22% increase in the stock price. Nucor Corporation (NUE) has been rated Hold by analysts. According to 1 brokerage firm, NUE is a sell, and 11 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 0 analysts rate Nucor Corporation stock as buy, with 3 recommending it as overweight.

With a median target price of $120.00, the current consensus forecast for the stock is $101.00 – $180.00. Based on these forecasts, analysts predict Nucor Corporation (NUE) will achieve an average price target of $128.05.

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