Steel Dynamics, Inc. (STLD) EPS Estimated At $1.39

June 13, 2018 - By Marie Mckinney

Steel Dynamics, Inc. (NASDAQ:STLD) LogoInvestors sentiment increased to 1.08 in Q1 2018. Its up 0.11, from 0.97 in 2017Q4. It increased, as 33 investors sold Steel Dynamics, Inc. shares while 153 reduced holdings. 52 funds opened positions while 149 raised stakes. 184.42 million shares or 2.34% less from 188.84 million shares in 2017Q4 were reported.
D E Shaw And Incorporated holds 0.06% or 1.05M shares. Scout invested 0.87% in Steel Dynamics, Inc. (NASDAQ:STLD). Shelton Mngmt stated it has 0.05% of its portfolio in Steel Dynamics, Inc. (NASDAQ:STLD). Trust Department Mb National Bank & Trust N A holds 180 shares. Koshinski Asset Mngmt Inc reported 5,310 shares stake. Cibc Mkts Incorporated reported 0.01% in Steel Dynamics, Inc. (NASDAQ:STLD). Waverton Inv Mgmt Ltd reported 0.05% in Steel Dynamics, Inc. (NASDAQ:STLD). Gradient Investments Ltd Liability holds 0% in Steel Dynamics, Inc. (NASDAQ:STLD) or 550 shares. 64,792 are owned by Lpl Lc. 247,606 were reported by State Of Tennessee Treasury Department. Deutsche Bancorporation Ag invested in 0.03% or 872,054 shares. Moreover, Advisor Prtnrs Ltd has 0.04% invested in Steel Dynamics, Inc. (NASDAQ:STLD) for 4,751 shares. Enterprise stated it has 62 shares. Veritable Limited Partnership has 4,935 shares. Nuveen Asset Management Ltd reported 273,545 shares stake.

Since May 31, 2018, it had 0 buys, and 2 selling transactions for $371,011 activity. Wagler Theresa E had sold 2,804 shares worth $140,825 on Thursday, May 31.

Analysts expect Steel Dynamics, Inc. (NASDAQ:STLD) to report $1.39 EPS on July, 18.They anticipate $0.76 EPS change or 120.63 % from last quarter’s $0.63 EPS. STLD’s profit would be $327.94M giving it 8.85 P/E if the $1.39 EPS is correct. After having $0.96 EPS previously, Steel Dynamics, Inc.’s analysts see 44.79 % EPS growth. The stock decreased 1.21% or $0.6 during the last trading session, reaching $49.18. About 2.13 million shares traded. Steel Dynamics, Inc. (NASDAQ:STLD) has risen 43.55% since June 14, 2017 and is uptrending. It has outperformed by 30.98% the S&P500.

Steel Dynamics, Inc. (NASDAQ:STLD) Ratings Coverage

Among 12 analysts covering Steel Dynamics (NASDAQ:STLD), 10 have Buy rating, 0 Sell and 2 Hold. Therefore 83% are positive. Steel Dynamics had 17 analyst reports since December 18, 2017 according to SRatingsIntel. Credit Suisse maintained Steel Dynamics, Inc. (NASDAQ:STLD) on Wednesday, January 24 with “Outperform” rating. The firm has “Buy” rating by Deutsche Bank given on Thursday, March 29. Jefferies maintained Steel Dynamics, Inc. (NASDAQ:STLD) on Tuesday, January 9 with “Buy” rating. The firm has “Buy” rating by Bank of America given on Monday, January 8. The firm has “Equal-Weight” rating given on Tuesday, April 17 by Morgan Stanley. The firm earned “Buy” rating on Thursday, April 19 by Cowen & Co. The firm has “Buy” rating by Cowen & Co given on Thursday, January 4. The rating was maintained by KeyBanc Capital Markets with “Buy” on Wednesday, January 10. The stock of Steel Dynamics, Inc. (NASDAQ:STLD) earned “Buy” rating by BMO Capital Markets on Tuesday, January 23. Cowen & Co maintained Steel Dynamics, Inc. (NASDAQ:STLD) on Wednesday, January 24 with “Buy” rating.

Steel Dynamics, Inc., together with its subsidiaries, engages in the steel products manufacturing and metals recycling businesses in the United States and internationally. The company has market cap of $11.60 billion. The firm operates through Steel Operations, Metals Recycling Operations, Steel Fabrication Operations, and Other divisions. It has a 14.06 P/E ratio. The Steel Operations segment provides a range of sheet steel products, such as hot roll, cold roll, and coated steel products; structural steel beams and pilings to construction market; various rail products for the railroad industry; rounds, round-cornered squares, and round engineered bars; threaded rod products, and cold drawn and heat treated bars; angles, merchant rounds, flats and channels, and reinforcing bar; and beams, channels, and specialty steel sections.

Another recent and important Steel Dynamics, Inc. (NASDAQ:STLD) news was published by which published an article titled: “US Steel Corporation Is Primed for a Massive Breakout” on June 13, 2018.

Steel Dynamics, Inc. (NASDAQ:STLD) Institutional Positions Chart

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