A number of firms have modified their ratings and price targets on shares of Nucor Corp. (NYSE: NUE) recently:
Nucor Corp. (NYSE:NUE) traded up 0.54% on Friday, hitting $62.85. 855,138 shares of the stock traded hands. Nucor Corp. has a 12-month low of $33.90 and a 12-month high of $62.90. The stock has a market capitalization of $20.02 billion, a P/E ratio of 39.43 and a beta of 1.38. The company’s 50 day moving average price is $51.61 and its 200-day moving average price is $50.44.
Nucor Corp. (NYSE:NUE) last issued its quarterly earnings data on Thursday, October 20th. The company reported $0.84 EPS for the quarter, missing analysts’ consensus estimates of $0.90 by $0.06. Nucor Corp. had a return on equity of 9.27% and a net margin of 3.26%. The company had revenue of $4.29 billion for the quarter, compared to the consensus estimate of $3.77 billion. During the same period in the prior year, the company earned $0.71 EPS. The firm’s revenue was up 1.5% compared to the same quarter last year. Analysts predict that Nucor Corp. will post $2.34 EPS for the current year.