Nucor logged a -0.6% change during today's morning session, and is now trading at a price of $156.94 per share. The S&P 500 index moved 1.0%. NUE's trading volume is 798,180 compared to the stock's average volume of 1,522,676.
Nucor trades -11.56% away from its average analyst target price of $177.46 per share. The 13 analysts following the stock have set target prices ranging from $162.0 to $200.0, and on average have given Nucor a rating of buy.
Anyone interested in buying NUE should be aware of the facts below:
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Nucor's current price is 23.3% above its Graham number of $127.27, which implies that at its current valuation it does not offer a margin of safety
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Nucor has moved 35.4% over the last year, and the S&P 500 logged a change of 14.2%
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Based on its trailing earnings per share of 7.12, Nucor has a trailing 12 month Price to Earnings (P/E) ratio of 22.0 while the S&P 500 average is None
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NUE has a forward P/E ratio of 13.6 based on its forward 12 month price to earnings (EPS) of $11.56 per share
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Its Price to Book (P/B) ratio is 1.73 compared to its sector average of None
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Nucor Corporation engages in the manufacture and sale of steel and steel products.
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Based in Charlotte, the company has 32,700 full time employees and a market cap of $35.92 Billion. Nucor currently returns an annual dividend yield of 1.4%.
