Nucor Corp (NYSE: NUE)’s stock price has increased by 1.80 compared to its previous closing price of 128.43. However, the company has seen a 7.19% increase in its stock price over the last five trading sessions. invezz.com reported 2025-02-03 that Nucor Corp (NYSE: NUE) is pushing up this morning after the United States announced its first batch of tariffs against China, Mexico, and even its lifelong ally, Canada. Over the weekend, President Donald Trump raised tariffs by 10% on all imports from China and about 25% each on Mexico and Canada.
Is It Worth Investing in Nucor Corp (NYSE: NUE) Right Now?
Nucor Corp (NYSE: NUE) has a higher price-to-earnings ratio of 15.56x compared to its average ratio. NUE has 36-month beta value of 1.61. Analysts have mixed views on the stock, with 4 analysts rating it as a “buy,” 4 as “overweight,” 7 as “hold,” and 0 as “sell.”
The public float for NUE is 233.29M, and currently, short sellers hold a 2.28% ratio of that float. The average trading volume of NUE on February 03, 2025 was 2.38M shares.
NUE’s Market Performance
NUE stock saw an increase of 7.19% in the past week, with a monthly gain of 12.02% and a quarterly increase of -8.38%. The volatility ratio for the week is 3.35%, and the volatility levels for the last 30 days are 2.92% for Nucor Corp (NUE). The simple moving average for the last 20 days is 6.12% for NUE stock, with a simple moving average of -12.79% for the last 200 days.
Analysts’ Opinion of NUE
Many brokerage firms have already submitted their reports for NUE stocks, with UBS repeating the rating for NUE by listing it as a “Neutral.” The predicted price for NUE in the upcoming period, according to UBS is $156 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 NUE reach a price target of $190. The rating they have provided for NUE stocks is “Buy” according to the report published on December 02nd, 2024.
JP Morgan gave a rating of “Overweight” to NUE, setting the target price at $174 in the report published on September 09th of the previous year.
NUE Trading at 0.31% from the 50-Day Moving Average
After a stumble in the market that brought NUE to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -35.60% of loss for the given period.
Volatility was left at 2.92%, however, over the last 30 days, the volatility rate increased by 3.35%, as shares surge +14.04% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -11.34% lower at present.
During the last 5 trading sessions, NUE rose by +7.04%, which changed the moving average for the period of 200-days by -32.04% in comparison to the 20-day moving average, which settled at $123.19. In addition, Nucor Corp saw 12.02% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at NUE starting from Behr Allen C, who sale 4,968 shares at the price of $159.72 back on Nov 11 ’24. After this action, Behr Allen C now owns 85,376 shares of Nucor Corp, valued at $793,470 using the latest closing price.
Behr Allen C, the Officer of Nucor Corp, proposed sale 4,968 shares at $159.72 during a trade that took place back on Nov 11 ’24, which means that Behr Allen C is holding shares at $793,470 based on the most recent closing price.
Stock Fundamentals for NUE
Current profitability levels for the company are sitting at:
- 0.08 for the present operating margin
- 0.13 for the gross margin
The net margin for Nucor Corp stands at 0.07. The total capital return value is set at 0.09. Equity return is now at value 9.80, with 5.83 for asset returns.
Based on Nucor Corp (NUE), the company’s capital structure generated 0.26 points at debt to capital in total, while cash flow to debt ratio is standing at 0.69. The debt to equity ratio resting at 0.34. The interest coverage ratio of the stock is 21.48.
When we switch over and look at the enterprise to sales, we see a ratio of 1.12. The receivables turnover for the company is 11.49for trailing twelve months and the total asset turnover is 0.91. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.51.
Conclusion
To put it simply, Nucor Corp (NUE) has had a mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. 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.
