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Nucor Corporation (NYSE: NUE) – Is this large market cap stock undervalued?

Nucor Corporation (NYSE: NUE), is firmly in the large market cap category with market cap of 15831.55. To be considered a large market cap stock companies have to be valued at more than $10 billion. The current price for Nucor Corporation is 49.73 (with a change from open of 1.35%), this in conjunction with a target price of 53.75. Volume today has so far reached 2122600, with an average volume of about 2851.55. The GAP for this stock, is 0.77%.

The P/E ratio is 34.02, bringing the forward P/E to a value of 15.53. The current EPS for Nucor Corporation, is 1.46, with a EPS growth for this year coming to a value of -50.00%. Performance has been interesting with performance year to date coming to 26.38%.

Looking further into the growth statistics for Nucor Corporation, EPS is looking like it will grow 18.24% in the next year. Looking even further it is projected to be 23.78%. Quarter over quarter is 88.00% for EPS growth and for sales growth quarter over quarter it is -2.60%. Looking at past EPS growth statistics we see that for the past five years it has been 21.60%. Sales growth for the past five years has in fact been 0.70%.

Looking at the ownership, we see that the insider ownership is at 0.50% and institutional ownership is 81.20%. Shares outstanding is 318.35, while shares float is at a value of 316.97. Float short for Nucor Corporation is 3.57% and the short ratio is 3.97.

In terms of debt, long term debt/equity is 0.57, while the total debt/equity comes to 0.59. The ability to meet these debts, means that the current ratio is 3.4, and the quick ratio is 2.2. The most recent gross margin is 11.20% and their operating margin is 6.60%. The profit margin is 3.00%.

Nucor Corporation has seen returns on assets of 3.20%, and on investment, 5.60%. Return on equity is 6.20%. Price/Earnings to growth ratio is 1.43. Price/Sales ratio is at a value of 1.01, with Price/book ratio coming to 2.1 and Price/cash is 6.79, and finally Price/Free cash Flow is 17.34.

The simple moving averages are -1.18% and 8.16% for 20 day and 200 day simple moving average respectively. For the 52 week high and low the 52 week high is -12.88% and the 52 week low is 49.09%.

Nucor Corporation has a dividend yield of 3.02%, with a current price of 49.73. The ability to pay this means the payout ratio is 102.20%. This is in an industry, Steel & Iron, with equally high dividends from other companies in this sector, which it is Basic Materials. Nucor Corporation is based in USA.

Performance in the Steel & Iron industry means that Nucor Corporation has seen performance for the past week of 4.71%, with performance for the month coming to 1.36%. Looking at the data for the quarter it is at a value of 4.58%, and for the half year the performance is 38.33%. Volatility for this week is 2.07% and for the month this is 2.21%.

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.

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Peter Clarke

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