Nucor Corporation (NUE) EPS Estimated At $1.69 as of July, 19

June 29, 2018 - By Amber Marburger

Nucor Corporation (NYSE:NUE) Corporate Logo
Big Money Sentiment decreased to 0.9 in 2018 Q1. It has change of 0.03, from 2017Q4’s 0.93. The ratio dived due to Nucor Corporation positioning: 57 sold and 229 reduced. 85 funds bought stakes and 172 increased stakes. Investors holded 244.43 million in 2017Q4 but now own 242.18 million shares or 0.92% less.
Ameritas Inc accumulated 17,214 shs. Blue Edge Capital Limited Liability Com accumulated 0% or 5,600 shs. Dnb Asset Mgmt As has 43,798 shs for 0% of their capital. The California-based Wilsey Asset Mgmt has invested 4.73% in Nucor Corporation (NYSE:NUE). Atlantic Tru Group Limited Liability Co owns 0% invested in Nucor Corporation (NYSE:NUE) for 16,043 shs. Peninsula Asset has 27,545 shs for 1.23% of their capital. Public Employees Retirement Of Ohio holds 0.04% of its capital in Nucor Corporation (NYSE:NUE) for 134,716 shs. Moreover, Aviance Cap Mngmt Ltd Llc has 0.01% invested in Nucor Corporation (NYSE:NUE) for 2,479 shs. Fil invested 0.01% in Nucor Corporation (NYSE:NUE). Midas Corporation holds 3,519 shs or 0.1% of its capital. Livforsakringsbolaget Skandia Omsesidigt holds 4,842 shs or 0.01% of its capital. Invsts, California-based fund reported 9.40 million shs. Jane Street Grp Inc Inc Limited Liability Company reported 28,581 shs or 0% of all its holdings. Advisor Prtn Limited Liability has invested 0.05% of its capital in Nucor Corporation (NYSE:NUE). Veritable Limited Partnership invested in 0.01% or 7,372 shs.

Nucor Corporation registered $8.25 million net activity with 0 insider buys and 8 selling transactions since February 13, 2018. On Tuesday, February 13 $917,719 worth of Nucor Corporation (NYSE:NUE) was sold by FERRIOLA JOHN J. $961,405 worth of Nucor Corporation (NYSE:NUE) was sold by Keller Michael D. On Tuesday, May 1 $109,646 worth of stock was sold by HAYNES VICTORIA F. $2.67M worth of stock was sold by Frias James D on Monday, February 19. 3,115 shs were sold by Topalian Leon J, worth $202,411. On Monday, February 19 $2.66 million worth of Nucor Corporation (NYSE:NUE) was sold by HALL LADD R.

On July, 19 Nucor Corporation (NYSE:NUE)’s earnings report is anticipated by WallStreet, according to Zacks. Analysts expect change of 69.00 % or $0.69 from previous year’s $1 earnings per share compared to current’s $1.69 earnings per share. If reported the P/E will be 9.31 with $537.59 million profit. Last quarter $1.17 earnings per share was reported. Analysts predicts 44.44 % EPS growth this quarter. The stock increased 0.37% or $0.2301 during the last trading session, touching $62.9301.Currently Nucor Corporation is uptrending after 9.59% change in last June 29, 2017. NUE has 562,865 shares volume. The stock underperformed the S&P 500 by 2.98%.

Nucor Corporation (NYSE:NUE) Ratings Coverage

A total of 9 analysts rate Nucor Corp (NYSE:NUE) as follows: 5 “Buy”, 4 “Hold” and 0 “Sell”. Тherefore 56% are bullish. (NYSE:NUE) has 12 ratings reports on Jun 29, 2018 according to StockzIntelligence. In Wednesday, January 31 report Jefferies maintained the stock with “Buy” rating. On Tuesday, April 17 the rating was maintained by Morgan Stanley with “Equal-Weight”. In Tuesday, January 9 report Jefferies maintained it with “Buy” rating and $77.0 target. On Tuesday, February 6 Morgan Stanley maintained Nucor Corporation (NYSE:NUE) with “Equal-Weight” rating. On Wednesday, February 7 the stock of Nucor Corporation (NYSE:NUE) earned “Buy” rating by Credit Suisse. On Thursday, May 17 the rating was upgraded by Macquarie Research to “Outperform”. The company rating was maintained by Bank of America on Monday, January 8. On Thursday, January 4 the firm has “Hold” rating by Cowen & Co given. On Wednesday, January 31 the firm earned “Buy” rating by Credit Suisse. In Tuesday, January 30 report BMO Capital Markets maintained it with “Hold” rating and $72.0 target.

Nucor Corporation manufactures and sells steel and steel products in the United States and internationally.The company has $20.02 billion market cap. It operates in three divisions: Steel Mills, Steel Products, and Raw Materials.The P/E ratio is 15.38. 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.

Another two news for Nucor Corporation (NYSE:NUE) were briefly published by: Schaeffersresearch.com on June 27, 2018 with title “2 Steel Stocks Boasting Attractive Options”. The other Fool.com‘s article was titled “Is United States Steel Corporation a Buy?” and published on June 27, 2018.

Nucor Corporation (NYSE:NUE) Institutional Investors Chart

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