Nucor Corporation (NYSE:NUE) EPS Analysis

Therefore 86% are positive.

Nucor Co. has a 52-week low of $44.81 and a 52-week high of $68.00. The brokerage now has a $68.00 target price on the basic materials company's stock, up from their prior target price of $67.00. Analysts are forecasting Nucor Corporation to report revenue of about $5.29B, versus the $4.25B posted a year ago. The firm has "Neutral" rating by Bank of America given on Wednesday, July 20. The stock of Nucor Corporation (NYSE:NUE) earned "Hold" rating by Standpoint Research on Monday, December 28. The correct version of this story can be read at https://www.thestockobserver.com/2017/05/25/commerce-bank-increases-stake-in-nucor-co-nue.html.

Nucor (NUE) was upgraded by Credit Suisse to outperform. Barclays Capital maintained the shares of NUE in report on Tuesday, January 12 with "Overweight" rating. They set a "neutral" rating for the company. Insiders have sold a total of 67,863 shares of company stock valued at $4,231,173 over the last three months. Willis Investment Counsel who had been investing in Nucor Corporation for a number of months, seems to be less bullish one the $18.74B market cap company.

Petrobras Argentina SA (NYSE:PZE) had a decrease of 55.14% in short interest. GRFS's SI was 1.73M shares in May as released by FINRA. Its down 3.47% from 6.49M shares previously. With 30,900 avg volume, 1 days are for Petrobras Argentina SA (NYSE:PZE)'s short sellers to cover PZE's short positions. The SI to Grifols SA Ads's float is 0.16%. Grifols SA, Barcelona (NASDAQ:GRFS) has risen 47.59% since May 24, 2016 and is uptrending.

The department holds a hearing on Wednesday and is expected, after hearing testimony from the CEOs of Nucor, AK Steel, ArcelorMitall and Timken Steel among other witnesses, to determine that certain steel imports pose a threat to national security and that foreign steel's flow into the country should slow. The Company produces direct reduced iron (DRI) for use in its steel mills. Similarly, the company's last 5 years high P/E ratio is 163.15 and low P/E is 23.19, whereas, the industry's and sector's high P/E for the past year is 29.28 and 149.84 respectively and low P/E ratio for the last 5 years is 6.68 for the industry and 14.69 for the Sector. TCI Wealth Advisors Inc. now owns 2,070 shares of the basic materials company's stock worth $102,000 after buying an additional 70 shares during the last quarter. Also, Director Victoria F. Haynes sold 3,000 shares of the company's stock in a transaction that occurred on Thursday, April 27th. Frias James D sold 52,631 shares worth $3.29 million. Moreover, Shell Asset Co has 0.03% invested in Nucor Corporation (NYSE:NUE) for 20,557 shares. The basic materials company reported $1.11 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $1.14 by $0.03. NUE's profit will be $434.99 million for 11.15 P/E if the $1.32 EPS becomes a reality. On average, analysts forecast that Nucor Co. will post $4.53 earnings per share for the current year.

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Investors sentiment increased to 1.03 in Q4 2016. 105.27 million shares or 0.76% less from 106.07 million shares in 2016Q3 were reported.

A number of hedge funds and other institutional investors have recently modified their holdings of the company. TCI Wealth Advisors Inc. raised its stake in Nucor by 3.5% in the third quarter. 241.22 million shares or 0.70% more from 239.54 million shares in 2016Q3 were reported. Massmutual Trust Co. FSB ADV boosted its position in shares of Nucor by 0.7% in the first quarter.

Danaher Corporation (NYSE:DHR) stock soared 0.01% to $83.96 on the closing of 05/24/2017.

Balyasny Asset Mngmt Ltd Liability accumulated 374,365 shares. 5,671 are owned by Bender Robert And Assoc. Bancorp Of Montreal Can owns 494,862 shares.

Let's have a look at some of the important valuation ratios of the Nucor Corporation (NUE). Icon Advisers Inc Company holds 8,000 shares. Rosenblatt initiated Nucor Corporation (NYSE:NUE) rating on Friday, October 16. Mcmillion Mgmt owns 48,609 shares. Gulf Intl Bankshares (Uk), United Kingdom-based fund reported 94,429 shares. Nomura Holdg has 0.01% invested in Nucor Corporation (NYSE:NUE) for 91,729 shares. Comerica holds 22,810 shares or 0.83% of its portfolio. Cap International Sarl stated it has 0.02% in Nucor Corporation (NYSE:NUE). About 300 shares traded. (NYSE:NUE) traded down 0.48% during mid-day trading on Thursday, hitting $58.37. It has outperformed by 5.04% the S&P500. Six equities research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company's stock. Therefore 18% are positive. Bank of the Ozarks had 10 analyst reports since August 25, 2015 according to SRatingsIntel. Keefe Bruyette & Woods maintained Bank Of The Ozarks Inc (NASDAQ:OZRK) on Friday, June 24 with "Outperform" rating.

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