As of July, 18 Steel Dynamics, Inc. (STLD) Analysts See $1.39 EPS

June 27, 2018 - By Mary Anderson

Steel Dynamics, Inc. (NASDAQ:STLD) Corporate Logo
During Q1 2018 the big money sentiment increased to 1.08. That’s change of 0.11, from 2017Q4’s 0.97. 33 investors sold all, 153 reduced holdings as Steel Dynamics, Inc. ratio increased. 149 increased positions while 52 funds bought positions. Funds hold 184.42 million shares thus 2.34% less from 2017Q4’s 188.84 million shares.
Zweig, a Alabama-based fund reported 5,400 shs. Prudential holds 0.1% or 1.55 million shs in its capital. Smith Graham And Communications Investment Advsr L P invested in 0.71% or 166,588 shs. 41,296 are held by Cadence Capital Mngmt Limited Liability Corp. North Star Investment Mgmt reported 0.01% stake. Mesirow Fincl Mgmt has 0.11% invested in Steel Dynamics, Inc. (NASDAQ:STLD) for 26,395 shs. Spectrum Mngmt Group has invested 0.21% in Steel Dynamics, Inc. (NASDAQ:STLD). Schroder Invest Mgmt Group Incorporated holds 0.06% or 801,034 shs. Financial Advisers Lc stated it has 34,594 shs or 0.01% of all its holdings. Cwm Lc owns 154 shs. Fuller And Thaler Asset Management has 2,000 shs. Rmb Cap Limited Liability has invested 0.08% of its capital in Steel Dynamics, Inc. (NASDAQ:STLD). Lingohr And Partner Asset Gmbh reported 33,229 shs. Korea has invested 0.16% in Steel Dynamics, Inc. (NASDAQ:STLD). Louisiana State Employees Retirement Sys has invested 0.13% in Steel Dynamics, Inc. (NASDAQ:STLD).

Steel Dynamics, Inc. had 4 selling transactions and 0 insider purchases since May 31, 2018. This’s net activity of $1.24 million. Wagler Theresa E had sold 2,804 shs worth $140,825. $180,653 worth of Steel Dynamics, Inc. (NASDAQ:STLD) was sold by BUSSE KEITH E on Monday, June 11.

Steel Dynamics, Inc. (NASDAQ:STLD) is awaited to reveal earnings on July, 18., according to Zacks. Analysts have anticipation on stock’s EPS of $1.39. That’s up 120.63 % from last year’s $0.63 EPS. In case of $1.39 EPS STLD’s profit could reach $327.95M. After $0.96 EPS was published previous quarter, analysts now see EPS growth of 44.79 % for Steel Dynamics, Inc.. STLD is reaching $46.78 during the last trading session, after decreased 0.26%.Currently Steel Dynamics, Inc. is uptrending after 43.55% change in last June 27, 2017. STLD has also 306,102 shares volume. The stock outperformed the S&P 500 by 30.98%.

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

In total 11 analysts cover Steel Dynamics (NASDAQ:STLD). “Buy” rating has 7, “Sell” are 0, while 4 are “Hold”. 64% are bullish. 17 are the (NASDAQ:STLD)’s analyst reports since January 4, 2018 according to StockzIntelligence Inc. On Monday, February 5 the company was maintained by Cowen & Co. On Tuesday, January 23 the firm has “Buy” rating by Jefferies given. On Thursday, March 29 Deutsche Bank maintained Steel Dynamics, Inc. (NASDAQ:STLD) rating. Deutsche Bank has “Buy” rating and $53 target. In Tuesday, January 23 report BMO Capital Markets maintained the stock with “Buy” rating. On Wednesday, January 10 the company was maintained by KeyBanc Capital Markets. On Tuesday, April 17 the rating was maintained by Morgan Stanley with “Equal-Weight”. On Tuesday, June 12 the stock has “Hold” rating by Credit Suisse. On Thursday, June 14 KeyBanc Capital Markets downgraded the shares of STLD in report to “Sector Weight” rating. The company rating was maintained by Bank of America on Monday, January 8. On Tuesday, January 9 the stock of Steel Dynamics, Inc. (NASDAQ:STLD) earned “Buy” rating by Jefferies.

Steel Dynamics, Inc., together with its subsidiaries, engages in the steel products manufacturing and metals recycling businesses in the United States and internationally.The firm is worth $11.04 billion. The firm operates through Steel Operations, Metals Recycling Operations, Steel Fabrication Operations, and Other divisions.The P/E ratio is 13.37. 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.

There’s a substantial Steel Dynamics, Inc. (NASDAQ:STLD) news announced by Seekingalpha.com. It’s an item titled: “Steel Dynamics +3% after issuing above-consensus Q2 earnings view” on June 15, 2018.

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

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