Nucor Corp (NYSE: NUE) has a price-to-earnings ratio of 15.08x that is above its average ratio. Additionally, the 36-month beta value for NUE is 1.66. There are mixed opinions on the stock, with 4 analysts rating it as a “buy,” 5 rating it as “overweight,” 6 rating it as “hold,” and 0 rating it as “sell.”
The public float for NUE is 228.95M and currently, short sellers hold a 2.02% ratio of that float. The average trading volume of NUE on March 04, 2025 was 2.69M shares.
NUE) stock’s latest price update
Nucor Corp (NYSE: NUE)’s stock price has gone decline by -5.49 in comparison to its previous close of 134.07, however, the company has experienced a -6.89% decrease in its stock price over the last five trading days. newsfilecorp.com reported 2025-02-28 that Calgary, Alberta–(Newsfile Corp. – February 28, 2025) – Nu E Power Corp. (CSE: NUE) (OTC Pink: NUEPF) (the “Company”) is pleased to announce that the Company and Blu Dot Systems Inc. (“Blu Dot”) have agreed to amend the Letter of Intent (“LOI”) to make it binding subject to completion of the definitive agreement while the term has been extended until March 31, 2025. Furthermore, Blu Dot announces that Mr.
NUE’s Market Performance
Nucor Corp (NUE) has seen a -6.89% fall in stock performance for the week, with a -1.34% decline in the past month and a -18.13% plunge in the past quarter. The volatility ratio for the week is 3.56%, and the volatility levels for the past 30 days are at 3.28% for NUE. The simple moving average for the last 20 days is -6.40% for NUE’s stock, with a simple moving average of -13.10% 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 -0.06% 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 -37.58% of loss for the given period.
Volatility was left at 3.28%, however, over the last 30 days, the volatility rate increased by 3.56%, as shares sank -2.88% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +5.41% upper at present.
During the last 5 trading sessions, NUE fell by -6.29%, which changed the moving average for the period of 200-days by -26.12% in comparison to the 20-day moving average, which settled at $135.41. In addition, Nucor Corp saw 8.57% 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:
- 0.1 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 0.1. 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 0.57. The debt to equity ratio resting at 0.34. The interest coverage ratio of the stock is 24.69.
Currently, EBITDA for the company is 4.33 billion with net debt to EBITDA at 0.8. When we switch over and look at the enterprise to sales, we see a ratio of 1.07. 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
In conclusion, Nucor Corp (NUE) has seen bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it 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.
