Anticipated $1.69 EPS for Nucor Corporation (NUE) as of July, 19

June 29, 2018 - By Ronnie Lemelle

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 is negative due to Nucor Corporation positioning: 57 sold and 229 reduced. 85 funds bought positions and 172 increased positions. Investors holded 244.43 million in 2017Q4 but now own 242.18 million shares or 0.92% less.
Sumitomo Mitsui Trust has 0.07% invested in Nucor Corporation (NYSE:NUE) for 915,674 shs. Raymond James accumulated 555,986 shs or 0.06% of the stock. Dnb Asset Management As invested 0% in Nucor Corporation (NYSE:NUE). Keybank Association Oh reported 0.01% stake. Destination Wealth stated it has 0.02% in Nucor Corporation (NYSE:NUE). Parsec has 59,110 shs for 0.25% of their capital. Sfe Invest Counsel invested 0.47% of its capital in Nucor Corporation (NYSE:NUE). The Illinois-based Rothschild Corp Il has invested 1.07% in Nucor Corporation (NYSE:NUE). Highstreet Asset Mgmt stated it has 4,972 shs. Plante Moran Ltd Company invested 0.01% in Nucor Corporation (NYSE:NUE). Ing Groep Nv owns 4,883 shs for 0.01% of their capital. Westpac Bk, Australia-based fund reported 19,040 shs. Hoertkorn Richard Charles has 1.27% invested in Nucor Corporation (NYSE:NUE). Moreover, State Of Alaska Department Of Revenue has 0.05% invested in Nucor Corporation (NYSE:NUE). Prelude Capital Management Ltd Company owns 3,400 shs or 0.02% of their US capital.

Nucor Corporation had 8 insider sales and 0 insider purchases since February 13, 2018. This’s net activity of $8.25 million. On Thursday, June 21 Topalian Leon J sold $202,411 worth of Nucor Corporation (NYSE:NUE) or 3,115 shs. On Monday, March 19 NAPOLITAN RAYMOND S JR sold $520,880 worth of Nucor Corporation (NYSE:NUE) or 8,000 shs. On Monday, February 19 the insider HALL LADD R sold $2.66M. On Monday, February 19 Frias James D had sold 39,037 shs worth $2.67 million. Shares for $109,646 were sold by HAYNES VICTORIA F on Tuesday, May 1. Keller Michael D had sold 14,664 shs worth $961,405.

Nucor Corporation (NYSE:NUE)’s earnings report is awaited by WallStreet on July, 19, according to Faxor. Analysts have anticipation on stock’s EPS of $1.69. That’s up 69.00 % from last year’s $1 EPS. If reported the P/E will be 9.31 with $537.59 million profit. Last quarter $1.17 EPS was reported. Analysts sees 44.44 % EPS growth this quarter. NUE touched $62.9301 during the last trading session after $0.2301 change.Nucor Corporation has volume of 562,865 shares. Since June 29, 2017 NUE has risen 9.59% and is uptrending. NUE underperformed by 2.98% the S&P500.

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. On Wednesday, January 31 Jefferies maintained the shares of NUE in report with “Buy” rating. On Wednesday, January 31 the rating was maintained by Credit Suisse with “Buy”. On Wednesday, February 7 the stock of Nucor Corporation (NYSE:NUE) earned “Buy” rating by Credit Suisse. In Tuesday, January 30 report BMO Capital Markets maintained the stock with “Hold” rating. On Monday, January 8 the firm earned “Buy” rating by Bank of America. On Tuesday, January 9 Jefferies maintained Nucor Corporation (NYSE:NUE) with “Buy” rating. On Thursday, January 4 the company was maintained by Cowen & Co. On Tuesday, April 17 Morgan Stanley maintained Nucor Corporation (NYSE:NUE) with “Equal-Weight” rating. On Thursday, May 17 the stock has “Outperform” rating by Macquarie Research. On Tuesday, February 6 the rating was maintained by Morgan Stanley with “Equal-Weight”.

Nucor Corporation manufactures and sells steel and steel products in the United States and internationally.The firm is worth $20.02 billion. 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 recently released 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 released on June 27, 2018.

Nucor Corporation (NYSE:NUE) Institutional Investors Chart

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