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Is this Large Market Cap Stock target price reasonable for Nucor Corporation (NYSE:NUE)?

The company in question is, Nucor Corporation (NYSE:NUE) currently with a stock price of 46.86 (0.69% today). The market cap for Nucor Corporation is 14965.21, and is in the sector Basic Materials, and Steel & Iron industry. The target price for Nucor Corporation is 53.18. Currently Nucor Corporation is trading with a P/E of 32.05, and a forward P/E of 14.99. Average volume for Nucor Corporation is 2698.37 and so far today it is 2086300.

Performance in the last year for Nucor Corporation has been 14.84%. For EPS growth, Nucor Corporation has seen a growth of -50.00%, and is looking to grow in the next year to 18.36%. More long term stats show that EPS growth has been 21.60% over the last five years and could be 19.49% for the next five years. Nucor Corporation has seen sales growth quarter over quarter at -2.60%, with EPS growth quarter over quarter at 88.00%. The 20-day simple moving average is -3.86%, with the 200-day simple moving average coming to 1.46%.

Since the IPO date for Nucor Corporation on the 9/1/1983, Nucor Corporation has seen performance year to date to be 19.08%. With Nucor Corporation trading at 46.86, the dividend yield is 3.20%, and the EPS is 1.46.

So could Nucor Corporation, be undervalued? Well as said before P/E is 32.05. The PEG is 1.64, P/S is 0.96 and the P/B is at 1.98. The P/cash is 6.42, with P/free cash flow at 16.39.

Nucor Corporation ability to deal with debt shows that the current ratio is 3.4, and the quick ratio is 2.2. This is with long term debt/equity at 0.57, and total debt/equity at 0.59.

In terms of margins, Nucor Corporation has a gross margin of 11.20%, an operating margin of 6.60% and a profit margin of 3.00%.Payout ratio for Nucor Corporation is 102.20%. Return on assets come to 3.20% with return on investment coming to 5.60%.

Insider ownership for Nucor Corporation, is at 0.50% and institutional ownership comes to 81.80%. Outstanding shares are at 319.36. While shares float is 316.45. The float short is currently 2.96%, and short ratio is 3.47.

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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