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Dynamic quotes 
OFFON

NUCOR CORPORATION

(NUE)
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Nucor Corporation : The trend should regain control

09/16/2021 | 02:14am EDT
long trade
Stop-loss triggered
Entry price : 108.85$ | Target : 126.17$ | Stop-loss : 96$ | Potential : 15.91%
Shares in Nucor Corporation show a positive technical chart pattern over the medium term. The timing to jump back on the rising trend seems good.
Investors have an opportunity to buy the stock and target the $ 126.17.
Nucor Corporation : Nucor Corporation : The trend should regain control
Summary
  • The company has strong fundamentals. More than 70% of companies have a lower mix of growth, profitability, debt and visibility.
  • Overall, and from a short-term perspective, the company presents an interesting fundamental situation.

Strengths
  • The equity is one of the most attractive in the market with regard to earnings multiple-based valuation.
  • With regards to fundamentals, the enterprise value to sales ratio is at 0.93 for the current period. Therefore, the company is undervalued.
  • Given the positive cash flows generated by its business, the company's valuation level is an asset.
  • Over the past year, analysts have regularly revised upwards their sales forecast for the company.
  • Over the last 4 months, analysts have significantly revised upwards the company's estimated sales.
  • For the last twelve months, analysts have been gradually revising upwards their EPS forecast for the upcoming fiscal year.
  • For several months, analysts have been revising their EPS estimates roughly upwards.
  • Over the past four months, analysts' average price target has been revised upwards significantly.
  • Historically, the company has been releasing figures that are above expectations.

Weaknesses
  • According to Standard & Poor's' forecast, revenue growth prospects are expected to be very low for the next fiscal years.
  • The potential for earnings per share (EPS) growth in the coming years appears limited according to current analyst estimates.
  • Prospects from analysts covering the stock are not consistent. Such dispersed sales estimates confirm the poor visibility into the group's activity.

© MarketScreener.com 2021

Disclaimer: The information, charts, data, views, or comments provided by SURPERFORMANCE SAS are intended for investors who have the necessary knowledge and experience to understand and appreciate the information contained within. These items are disseminated for personal reference only. They do not constitute an offer or solicitation to buy or sell financial products or services, nor an investment advice.
The use of the information disseminated takes place under the investor's sole responsibility, without recourse against SURPERFORMANCE SAS. SURPERFORMANCE SAS will not be liable, whether in contract, in tort, under any warranty, for errors, omissions, improper investments, or adverse evolution of markets.

Financials (USD)
Sales 2021 36 825 M - -
Net income 2021 6 490 M - -
Net Debt 2021 1 818 M - -
P/E ratio 2021 4,63x
Yield 2021 1,59%
Capitalization 29 977 M 29 977 M -
EV / Sales 2021 0,86x
EV / Sales 2022 0,82x
Nbr of Employees 26 400
Free-Float 76,9%
Upcoming event on NUCOR CORPORATION
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 12
Last Close Price 102,07 $
Average target price 115,00 $
Spread / Average Target 12,7%
EPS Revisions
Managers and Directors
Leon J. Topalian President, Chief Executive Officer & Director
James D. Frias Chief Financial Officer, Treasurer & Executive VP
John H. Walker Non-Executive Chairman
David A. Sumoski Chief Operating Officer
Christopher J. Kearney Independent Director
Sector and Competitors
1st jan.Capi. (M$)
NUCOR CORPORATION91.90%30 885
ARCELORMITTAL43.01%30 762
TATA STEEL LIMITED104.25%21 594
POSCO14.34%19 907
NIPPON STEEL CORPORATION47.89%16 013
STEEL DYNAMICS, INC.76.46%13 280