Overall Fundamental outlook

Business Operations:

Sector: Basic Materials
Industry: Steel

Nucor Corporation engages in the manufacture and sale of steel and steel products. The company operates in three segments: Steel Mills, Steel Products, and Raw Materials. The Steel Mills segment produces hot-rolled, cold-rolled, and galvanized sheet steel products; plate steel products; wide-flange beams, beam blanks, and H-piling and sheet piling structural steel products; and bar steel products, such as blooms, billets, concrete reinforcing and merchant bars, and engineered special bar quality products. This segment sells its products to steel service centers, fabricators, and manufacturers in the United States, Canada, and Mexico, as well as engages in the steel trading and rebar distribution businesses. The Steel Products segment offers steel joists and joist girders, steel decks, and galvanized torque tubes for use in solar arrays, hollow structural section steel tubing, electrical conduit, fabricated concrete reinforcing steel, cold finished steel, steel fasteners, steel grating and expanded metal, wire and wire mesh, metal building systems, insulated metal panels, steel racking, overhead doors, and utility towers and structures for communications and energy transmission. This segment is also involved in the piling distribution business. The Raw Materials segment produces direct reduced iron (DRI); brokers ferrous and nonferrous metals, pig iron, hot briquetted iron, and DRI; supplies ferro-alloys; processes ferrous and nonferrous scrap metal; and engages in the natural gas production and industrial gas business. This segment sells its ferrous scrap to electric arc furnace steel mills and foundries for manufacturing process; and nonferrous scrap metal to aluminum can producers, secondary aluminum smelters, steel mills and other processors, and consumers of various nonferrous metals. Nucor Corporation was founded in 1905 and is based in Charlotte, North Carolina.

Revenue projections:

Revenue projections for NUE
Revenue projections for NUE

NUE's projected revenue decline from last year is likely to make investors cautious. Lower revenues often hurt a company's bottom line, leading investors to be concerned about the company's ability to maintain profitability and deliver strong financial results in the future.

Financial Ratios:

currentRatio 2.938000
forwardPE 15.066019
debtToEquity 32.765000
earningsGrowth 0.342000
revenueGrowth 0.086000
grossMargins 0.120270
operatingMargins 0.068690
trailingEps 7.520000
forwardEps 14.122510

Nucor Corporation's current ratio of 2.938 indicates strong liquidity, meaning the company can comfortably meet its short-term debt obligations. This financial position reflects Nucor Corporation's ability to use its cash reserves and current assets to cover liabilities without facing any cash flow issues.
NUE's Forward PE ratio is favorable, meaning the stock price aligns well with earnings and isn't overvalued. This allows room for growth, making it an attractive investment for those seeking potential upside while ensuring the stock is not overpriced.
With a forward EPS greater than its trailing EPS, NUE is expected to see higher profitability this year. The forecasted increase in earnings reflects optimism about the company's financial growth and potential for improved performance over the prior year.

Price projections:

Price projections for NUE
Price projections for NUE

NUE's price projections have consistently been revised higher, indicating growing confidence in the company's future potential. Analysts appear more optimistic about NUE's ability to generate strong results going forward.

Insider Transactions:

Insider Transactions for NUE
Insider Transactions for NUE


There were 14 transactions selling Nucor Corporation stock, with prevailing market price of 153.84671674455916.The period under consideration saw no sell transactions.NUE has seen more buys than sells at its current price levels, which may suggest optimism among investors. This buying trend could indicate that the market expects a favorable performance for the stock in the near future.

Recommendation changes over time:

Recommendations trend for NUE
Recommendations trend for NUE


The recent buy bias for NUE from analysts signals strong confidence in the stock's potential. This positive sentiment could encourage investors to see NUE as a smart place to invest their money, especially those looking for stable, long-term returns in a well-established company.