Insights on Investing in NUE – Analyst Perspectives

By Kim Brooks • Sunday, July 07 15:08 • Permanent Link

Large-cap Industrials company Nucor has moved -1.6% so far today on a volume of 1,348,210, compared to its average of 1,501,159. In contrast, the S&P 500 index moved 1.0%.

Nucor trades -12.0% away from its average analyst target price of $174.82 per share. The 10 analysts following the stock have set target prices ranging from $39.0 to $240.0, and on average have given Nucor a rating of buy.

If you are considering an investment in NUE, you'll want to know the following:

Nucor's current price is -16.4% below its Graham number of $184.03, which implies the stock has a margin of safety
Nucor has moved -6.3% over the last year, and the S&P 500 logged a change of 26.3%
Based on its trailing earnings per share of 17.01, Nucor has a trailing 12 month Price to Earnings (P/E) ratio of 9.0 while the S&P 500 average is 27.65
NUE has a forward P/E ratio of 12.6 based on its forward 12 month price to earnings (EPS) of $12.24 per share
The company has a price to earnings growth (PEG) ratio of -1.86 — a number near or below 1 signifying that Nucor is fairly valued compared to its estimated growth potential
Its Price to Book (P/B) ratio is 1.78 compared to its sector average of 3.23
Nucor Corporation engages in manufacture and sale of steel and steel products.
Based in Charlotte, the company has 32,000 full time employees and a market cap of $36.88 Billion. Nucor currently returns an annual dividend yield of 1.3%.

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.