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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 2730.05, and so far today it has a volume of 654878. Performance year to date since the 9/1/1983 is 28.46%.

To help you determine whether Nucor Corporation is undervalued the following values will help you decide. P/E is 34.84 and forward P/E is 15.89. PEG perhaps more useful shows that Nucor Corporation has a value for PEG of 1.46. P/S ratio is 1.07 and the P/B ratio is 2.15. The P/Cash and P/Free cash flow is 7.17 and 18.32 respectively.

At the current price Nucor Corporation is trading at, 50.57 (-0.73% today), Nucor Corporation has a dividend yield of 2.94%, and this is covered by a payout ratio of 111.10%. Earnings per share (EPS) is 1.46, and this is looking to grow in the next year to 16.54% after growing -50.00% this past year. EPS growth quarter over quarter is 88.00%, and -2.60% for sales growth quarter over quarter.

The number of shares outstanding is 328.34, and the number of shares float is 316.11. The senior management bring insider ownership to 0.50%, and institutional ownership is at 82.40%. The float short is 3.48%, with the short ratio at a value of 4.03. Management has seen a return on assets of 3.70%, and also a return on investment of 5.60%.

The ability for Nucor Corporation, to deal with debt, means it current ratio is 3.4, and quick ratio is 2.2. Long term debt/equity is 0.57 and total debt/equity is 0.58. In terms of margins, Nucor Corporation has a gross margin of 11.20%, with its operating margin at 7.70%, and Nucor Corporation has a profit margin of 3.40%.

The 52 week high is -11.41%, with 51.61% being its 52 week low. The 20 day simple moving average is -2.49% and the 200 day simple moving average is 12.60%.

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.


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Mark Hines

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