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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 2795.48, and so far today it has a volume of 2068100. Performance year to date since the 9/1/1983 is 21.88%.

To help you determine whether Nucor Corporation is undervalued the following values will help you decide. P/E is 32.8 and forward P/E is 14.97. PEG perhaps more useful shows that Nucor Corporation has a value for PEG of 1.38. P/S ratio is 0.98 and the P/B ratio is 2.02. The P/Cash and P/Free cash flow is 6.57 and 16.78 respectively.

At the current price Nucor Corporation is trading at, 47.96 (-0.19% today), Nucor Corporation has a dividend yield of 3.13%, and this is covered by a payout ratio of 102.20%. Earnings per share (EPS) is 1.46, and this is looking to grow in the next year to 18.24% 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 319.36, and the number of shares float is 316.97. The senior management bring insider ownership to 0.50%, and institutional ownership is at 81.20%. The float short is 3.41%, with the short ratio at a value of 3.87. Management has seen a return on assets of 3.20%, 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 0.59. In terms of margins, Nucor Corporation has a gross margin of 11.20%, with its operating margin at 6.60%, and Nucor Corporation has a profit margin of 3.00%.

The 52 week high is -15.33%, with 44.89% being its 52 week low. The 20 day simple moving average is -2.96% and the 200 day simple moving average is 4.38%.

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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Peter Clarke

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