Insights Into Nucor (NUE) Q3: Wall Street Projections for Key Metrics
Besides Wall Street's top -and-bottom-line estimates for Nucor (NUE), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended September 2024.
Earnings Preview: Nucor (NUE) Q3 Earnings Expected to Decline
Nucor (NUE) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Nucor Loses 24% in 6 Months: Should You Buy, Sell or Hold the Stock?
While NUE gains on its actions to grow through acquisitions and capacity expansion, lower steel prices weigh on its profitability.
Nucor Projects Q3 Earnings to Decline on Lower Steel Prices
NUE expects lower Q3 earnings due to reduced steel prices and volumes, alongside one-time non-cash charges, while repurchasing 2.5 million shares.
Nucor's stock falls after steelmaker issues profit warning, citing lower selling prices
Nucor's stock slumped Tuesday after the steelmaker maker warned investors of a third-quarter profit shortfall, as lower selling prices weighed on its steel-mill business.
Nucor: Capital Expenditures Plan, M&A Efforts, And Trading Cheaply
Nucor Corporation's recent acquisitions and capital expenditures are expected to boost capacity and free cash flow, despite a bearish outlook and declining gross margins. The company's diversified customer base and significant backlog indicate strong future free cash flow potential, making NUE undervalued at its current price. Nucor's ongoing stock repurchase program and recent share price decline present a buying opportunity, supported by conservative free cash flow forecasts and a fair price target of $209.
Nucor Battered by Lower Steel Prices: Reasons to Hold Onto the Stock
While NUE benefits from its actions to grow through acquisitions and capacity expansion, weaker steel prices cast a pall on its prospects.
Nucor Will Navigate The Steel Industry's Short Term Price Crisis And Long Term Energy Transition
Nucor's use of electric arc furnaces (EAFs) and recycled steel positions it as a leader in sustainable, cost-effective steel production, ensuring long-term profitability. Metallurgical coal companies face significant risks due to the global shift towards greener energy and the rise of EAF technology in steelmaking. Cleveland-Cliffs and US Steel's reliance on blast furnaces and met coal makes them less attractive investments compared to Nucor's sustainable and efficient operations.
Nucor (NUE) Stock Falls Amid Market Uptick: What Investors Need to Know
The latest trading day saw Nucor (NUE) settling at $139.61, representing a -0.93% change from its previous close.
Steel Stocks Rebound: JPMorgan Lifts Ratings On Nucor, Steel Dynamics, US Steel
Following the pressure on shares of North America steel companies due to weakening fundamentals, they are now more attractively valued.
2 Top Steel Stocks to Buy in September
Cleveland-Cliffs and U.S. Steel have a long history of making steel using blast furnaces. Steel makers Nucor and Steel Dynamics both use electric arc furnaces.
