What Nucor (NUE) Investors Need to Know

By Emilio Sanchez • Wednesday, December 20 13:42 • Permanent Link

More and more people are talking about Nucor over the last few weeks. Is it worth buying the Steel stock at a price of $178.5? Only time will tell. The information below will give you a basic idea of what this investment may entail:

Nucor has moved 29.4% over the last year, and the S&P 500 logged a change of 22.9%
NUE has an average analyst rating of buy and is 11.33% away from its mean target price of $160.33 per share
Its trailing earnings per share (EPS) is $19.78
Nucor has a trailing 12 month Price to Earnings (P/E) ratio of 9.0 while the S&P 500 average is 15.97
Its forward earnings per share (EPS) is $12.42 and its forward P/E ratio is 14.4
The company has a Price to Book (P/B) ratio of 2.14 in contrast to the S&P 500's average ratio of 2.95
Nucor is part of the Industrials sector, which has an average P/E ratio of 22.19 and an average P/B of 4.06
NUE has reported YOY quarterly earnings growth of -29.8% and gross profit margins of 0.2%
The company has a free cash flow of $4.8 Billion, which refers to the total sum of all its inflows and outflows of cash over the last quarter
Nucor Corporation engages in manufacture and sale of steel and steel products. The company's 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 products; and bar steel products, such as blooms, billets, concrete reinforcing and merchant bars, and engineered special bar quality products. It also engages in the steel trading and rebar distribution businesses. This segment sells its products to steel service centers, fabricators, and manufacturers in the United States, Canada, and Mexico. Its Steel Products segment offers hollow structural section steel tubing products, electrical conduits, steel racking, steel joists and joist girders, steel decks, fabricated concrete reinforcing steel products, cold finished steel products, steel fasteners, metal building systems, insulated metal panels, steel grating and expanded metal products, and wire and wire mesh products primarily for use in nonresidential construction applications. This segment also engages in the piling distribution business. The company's Raw Materials segment produces direct reduced iron (DRI); brokers ferrous and nonferrous metals, pig iron, hot briquetted iron, and DRI; supplies ferro-alloys; and processes ferrous and nonferrous scrap metal. 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. It serves agriculture, automotive, construction, energy and transmission, oil and gas, heavy equipment, infrastructure, and transportation industries through its in-house sales force; and internal distribution and trading companies. The company was founded in 1905 and is headquartered in Charlotte, North Carolina.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.