Nucor Corporation (NUE) Analysts See $1.69 EPS

June 15, 2018 - By sdfsdfsdf

Nucor Corporation (NYSE:NUE) LogoInvestors sentiment decreased to 0.9 in 2018 Q1. Its down 0.03, from 0.93 in 2017Q4. It fall, as 57 investors sold Nucor Corporation shares while 229 reduced holdings. 85 funds opened positions while 172 raised stakes. 242.18 million shares or 0.92% less from 244.43 million shares in 2017Q4 were reported.
136,945 are owned by Rothschild Investment Corp Il. Moreover, Rothschild Asset Incorporated has 0.2% invested in Nucor Corporation (NYSE:NUE). Bnp Paribas Arbitrage Sa accumulated 0% or 220,184 shares. Sigma Investment Counselors accumulated 37,667 shares. State Board Of Administration Of Florida Retirement Sys has 441,516 shares. Mutual Of America Capital Limited Liability Corp invested 0.05% in Nucor Corporation (NYSE:NUE). Prelude Limited Liability Corporation invested 0.02% of its portfolio in Nucor Corporation (NYSE:NUE). Abner Herrman & Brock Ltd Limited Liability Company reported 149,673 shares stake. Bb&T Limited Liability Company holds 214,736 shares or 0.15% of its portfolio. Nebraska-based Pittenger And Anderson has invested 0.02% in Nucor Corporation (NYSE:NUE). Gsa Cap Partners Llp stated it has 14,774 shares. Central National Bank And Tru reported 1,381 shares. Paloma Ptnrs Management holds 0.02% in Nucor Corporation (NYSE:NUE) or 21,634 shares. Evercore Wealth Management invested in 0.02% or 6,706 shares. Liberty Mutual Grp Asset Mgmt reported 12,731 shares stake.

Since February 13, 2018, it had 0 insider buys, and 6 sales for $7.08 million activity. The insider HALL LADD R sold $2.66M. Frias James D sold $2.67M worth of stock. HAYNES VICTORIA F had sold 3,000 shares worth $207,347 on Wednesday, March 7. The insider NAPOLITAN RAYMOND S JR sold $520,880.

Analysts expect Nucor Corporation (NYSE:NUE) to report $1.69 EPS on July, 19.They anticipate $0.69 EPS change or 69.00 % from last quarter’s $1 EPS. NUE’s profit would be $537.58 million giving it 10.14 P/E if the $1.69 EPS is correct. After having $1.17 EPS previously, Nucor Corporation’s analysts see 44.44 % EPS growth. The stock increased 2.64% or $1.76 during the last trading session, reaching $68.53. About 3.85 million shares traded or 63.35% up from the average. Nucor Corporation (NYSE:NUE) has risen 9.59% since June 15, 2017 and is uptrending. It has underperformed by 2.98% the S&P500.

Nucor Corporation (NYSE:NUE) Ratings Coverage

Among 10 analysts covering Nucor (NYSE:NUE), 6 have Buy rating, 0 Sell and 4 Hold. Therefore 60% are positive. Nucor had 13 analyst reports since December 20, 2017 according to SRatingsIntel. The firm has “Equal-Weight” rating by Morgan Stanley given on Tuesday, April 17. The rating was upgraded by Macquarie Research to “Outperform” on Thursday, May 17. The firm earned “Hold” rating on Thursday, January 4 by Cowen & Co. Credit Suisse upgraded the stock to “Buy” rating in Wednesday, February 7 report. The firm earned “Buy” rating on Tuesday, January 9 by Jefferies. The firm has “Buy” rating given on Monday, January 8 by Bank of America. The rating was maintained by Morgan Stanley with “Equal-Weight” on Tuesday, February 6. The stock has “Buy” rating by Jefferies on Wednesday, January 31. The stock of Nucor Corporation (NYSE:NUE) earned “Hold” rating by BMO Capital Markets on Tuesday, January 30. The stock of Nucor Corporation (NYSE:NUE) earned “Buy” rating by Longbow on Wednesday, December 20.

Nucor Corporation manufactures and sells steel and steel products in the United States and internationally. The company has market cap of $21.80 billion. It operates in three divisions: Steel Mills, Steel Products, and Raw Materials. It has a 16.73 P/E ratio. The Steel Mills segment produces hot-rolled, cold-rolled, and galvanized sheet steel products; structural steel products, including wide-flange beams, beam blanks, H-piling, and sheet pilings; bar steel products, such as blooms, billets, concrete reinforcing and merchant bars, wire rods, and special bar quality; and tubular and plate steel products.

More notable recent Nucor Corporation (NYSE:NUE) news were published by: 247Wallst.com which released: “If Tariffs Are So Bad Why Are Steel Stocks Still Red Hot?” on June 12, 2018, also Investorplace.com with their article: “5 Top Stock Trades for Wednesday Morning” published on June 12, 2018, Seekingalpha.com published: “AT&T Is A Buy – Cramer’s Lightning Round (6/6/18)” on June 07, 2018. More interesting news about Nucor Corporation (NYSE:NUE) were released by: Finance.Yahoo.com and their article: “US Steel Corporation Is Primed for a Massive Breakout” published on June 13, 2018 as well as Seekingalpha.com‘s news article titled: “Buffett And Dimon Play The Long Ball” with publication date: June 11, 2018.

Nucor Corporation (NYSE:NUE) Institutional Positions Chart

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