Steel Dynamics, Inc. (STLD) EPS Estimated At $1.39 as of July, 18

June 27, 2018 - By Ira Colvard

Steel Dynamics, Inc. (NASDAQ:STLD) Corporate Logo
Big Money Sentiment increased to 1.08 in Q1 2018. It has change of 0.11, from 2017Q4’s 0.97. The ratio is positive due to Steel Dynamics, Inc. positioning: 33 sold and 153 reduced. 52 funds took stakes and 149 increased stakes. Investors holded 188.84 million in 2017Q4 but now own 184.42 million shares or 2.34% less.
Cibc Ww Mkts has 0.01% invested in Steel Dynamics, Inc. (NASDAQ:STLD). Chicago Equity Partners Ltd Llc reported 56,440 shs. British Columbia reported 194,204 shs. Engineers Gate Manager L P invested in 0.27% or 90,249 shs. New York-based Goldman Sachs Gp has invested 0.05% in Steel Dynamics, Inc. (NASDAQ:STLD). Manufacturers Life The has invested 0.02% in Steel Dynamics, Inc. (NASDAQ:STLD). Gideon Cap Advsrs Inc accumulated 0.13% or 4,918 shs. Mackenzie Fincl Corporation stated it has 106,043 shs or 0.01% of all its holdings. Aperio Group Limited Liability accumulated 93,979 shs. Dekabank Deutsche Girozentrale invested 0.05% in Steel Dynamics, Inc. (NASDAQ:STLD). Voya Investment Mngmt Ltd Liability Corporation owns 395,373 shs. Mackay Shields Limited Liability Corporation stated it has 100,761 shs or 0.03% of all its holdings. Panagora Asset Mngmt Inc holds 200,264 shs. Sumitomo Mitsui Asset Mngmt Limited reported 14,640 shs stake. Lsv Asset reported 210,900 shs.

Steel Dynamics, Inc. registered $1.24 million net activity with 0 buys and 4 sales since May 31, 2018. BUSSE KEITH E also sold $180,653 worth of Steel Dynamics, Inc. (NASDAQ:STLD) on Monday, June 11. Wagler Theresa E sold $140,825 worth of Steel Dynamics, Inc. (NASDAQ:STLD) or 2,804 shs on Thursday, May 31.

Steel Dynamics, Inc. (NASDAQ:STLD)’s earnings release is expected by WallStreet on July, 18, Faxor reports. Analysts predict $1.39 EPS, which is $0.76 up or 120.63 % from 2017’s $0.63 EPS. If EPS of $1.39 is announced the profit of STLD could be $327.95M giving it 8.41 P/E. Wall Street now forecasts 44.79 % EPS growth despite Steel Dynamics, Inc. previous quarter’s EPS of $0.96. STLD is hitting $46.78 during the last trading session, after decreased 0.26%.Steel Dynamics, Inc. has volume of 306,102 shares. Since June 27, 2017 STLD has risen 43.55% and is uptrending. STLD outperformed by 30.98% the S&P 500.

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”. (NASDAQ:STLD) has 64% bullish analysts. 17 are the (NASDAQ:STLD)’s ratings reports on Jun 27, 2018 according to StockzIntelligence Inc. On Thursday, March 29 the stock has “Buy” rating by Deutsche Bank. In Tuesday, January 23 report Jefferies maintained the stock with “Buy” rating. On Thursday, April 19 the rating was maintained by Cowen & Co with “Buy”. In Tuesday, January 23 report BMO Capital Markets maintained the stock with “Buy” rating. On Monday, February 5 the stock of Steel Dynamics, Inc. (NASDAQ:STLD) has “Buy” rating given by Cowen & Co. On Wednesday, January 24 Credit Suisse maintained the shares of STLD in report with “Outperform” rating. The stock rating was downgraded by Credit Suisse to “Hold” on Tuesday, June 12. On Tuesday, January 9 Jefferies maintained Steel Dynamics, Inc. (NASDAQ:STLD) rating. Jefferies has “Buy” rating and $53.0 target. The company rating was maintained by Citigroup on Tuesday, April 24. On Wednesday, January 10 the rating was maintained by KeyBanc Capital Markets with “Buy”.

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.13.37 is the 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.

There’s a substantial Steel Dynamics, Inc. (NASDAQ:STLD) news published by Seekingalpha.com. It’s an article 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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