Stock Updates

Is Nucor Corporation(NYSE: NUE), a large market cap stock a smart buy?

With a market cap of has a large market cap size. Nucor Corporation (NYSE: NUE) has been on the stock market since its IPO date on the 9/1/1983. Nucor Corporation is in the Steel & Iron industry and Basic Materials sector. Average volume for Nucor Corporation, is 2829.53, and so far today it has a volume of 3339970. Performance year to date since the 9/1/1983 is 40.49%.

To help you determine whether Nucor Corporation is undervalued the following values will help you decide. P/E is 49.74 and forward P/E is 18.12. PEG perhaps more useful shows that Nucor Corporation has a value for PEG of 2.36. P/S ratio is 1.13 and the P/B ratio is 2.4. The P/Cash and P/Free cash flow is 7.62 and 13.79 respectively.

At the current price Nucor Corporation is trading at, 53.69 (-3.63% today), Nucor Corporation has a dividend yield of 2.69%, and this is covered by a payout ratio of 133.20%. Earnings per share (EPS) is 1.12, and this is looking to grow in the next year to 18.59% after growing -50.00% this past year. EPS growth quarter over quarter is 4.70%, and -15.50% for sales growth quarter over quarter.

The number of shares outstanding is 318.6, and the number of shares float is 316.47. The senior management bring insider ownership to 0.50%, and institutional ownership is at 81.30%. The float short is 3.47%, with the short ratio at a value of 3.88. Management has seen a return on assets of 2.40%, and also a return on investment of 5.60%.

The ability for Nucor Corporation, to deal with debt, means it current ratio is 3.9, and quick ratio is 2.6. Long term debt/equity is 0.58 and total debt/equity is 0.6. In terms of margins, Nucor Corporation has a gross margin of 10.00%, with its operating margin at 5.60%, and Nucor Corporation has a profit margin of 2.30%.

The 52 week high is -5.95%, with 60.94% being its 52 week low. The 20 day simple moving average is 8.05% and the 200 day simple moving average is 23.21%.

Disclaimer: Remember there is a risk to your investment, this is not a recommendation, nor personal advice, never invest more than you are able too loose.


About the author

Peter Clarke

Leave a Comment