The stock of Steel Dynamics Inc (STLD) has seen a -4.38% decrease in the past week, with a -22.71% drop in the past month, and a -12.28% decrease in the past quarter. The volatility ratio for the week is 2.12%, and the volatility levels for the past 30 days are at 2.51% for STLD.. The simple moving average for the past 20 days is -9.25% for STLD’s stock, with a -13.77% simple moving average for the past 200 days.
Is It Worth Investing in Steel Dynamics Inc (NASDAQ: STLD) Right Now?
The price-to-earnings ratio for Steel Dynamics Inc (NASDAQ: STLD) is above average at 10.13x, Company’s 36-month beta value is 1.37.Analysts have differing opinions on the stock, with 3 analysts rating it as a “buy,” 0 as “overweight,” 10 as “hold,” and 1 as “sell.”
The public float for STLD is 142.66M, and currently, short sellers hold a 2.12% ratio of that floaft. The average trading volume of STLD on January 03, 2025 was 1.35M shares.
STLD) stock’s latest price update
The stock price of Steel Dynamics Inc (NASDAQ: STLD) has dropped by -1.88 compared to previous close of 114.07. Despite this, the company has seen a fall of -4.38% in its stock price over the last five trading days. zacks.com reported 2024-12-31 that Steel Dynamics (STLD) concluded the recent trading session at $114.07, signifying a +0.24% move from its prior day’s close.
Analysts’ Opinion of STLD
Many brokerage firms have already submitted their reports for STLD stocks, with UBS repeating the rating for STLD by listing it as a “Neutral.” The predicted price for STLD in the upcoming period, according to UBS is $149 based on the research report published on December 12, 2024 of the previous year 2024.
Goldman, on the other hand, stated in their research note that they expect to see STLD reach a price target of $155. The rating they have provided for STLD stocks is “Neutral” according to the report published on December 02nd, 2024.
BofA Securities gave a rating of “Buy” to STLD, setting the target price at $155 in the report published on October 01st of the previous year.
STLD Trading at -16.04% from the 50-Day Moving Average
After a stumble in the market that brought STLD to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -28.05% of loss for the given period.
Volatility was left at 2.51%, however, over the last 30 days, the volatility rate increased by 2.12%, as shares sank -21.84% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -16.13% lower at present.
During the last 5 trading sessions, STLD fell by -4.38%, which changed the moving average for the period of 200-days by -20.03% in comparison to the 20-day moving average, which settled at $123.34. In addition, Steel Dynamics Inc saw -1.88% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at STLD starting from Poinsatte Richard A, who sale 2,000 shares at the price of $138.75 back on Nov 15 ’24. After this action, Poinsatte Richard A now owns 21,101 shares of Steel Dynamics Inc, valued at $277,500 using the latest closing price.
Poinsatte Richard A, the Senior Vice President of Steel Dynamics Inc, proposed sale 2,000 shares at $137.81 during a trade that took place back on Nov 15 ’24, which means that Poinsatte Richard A is holding shares at $275,620 based on the most recent closing price.
Stock Fundamentals for STLD
Current profitability levels for the company are sitting at:
- 0.12 for the present operating margin
- 0.17 for the gross margin
The net margin for Steel Dynamics Inc stands at 0.1. The total capital return value is set at 0.17. Equity return is now at value 19.52, with 11.47 for asset returns.
Based on Steel Dynamics Inc (STLD), the company’s capital structure generated 0.29 points at debt to capital in total, while cash flow to debt ratio is standing at 0.64. The debt to equity ratio resting at 0.41. The interest coverage ratio of the stock is 39.32.
Currently, EBITDA for the company is 3.73 billion with net debt to EBITDA at 0.98. When we switch over and look at the enterprise to sales, we see a ratio of 1.1. The receivables turnover for the company is 11.44for trailing twelve months and the total asset turnover is 1.14. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.39.
Conclusion
In a nutshell, Steel Dynamics Inc (STLD) has experienced a bad performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
