Oct. 28, 2019 Price forecast | 2 weeks: -0.05% | 1 month: -0.02% | 3 months: -0.44%


NUE stock forecast

Our latest prediction for Nucor Corp.'s stock price was made on the Oct. 28, 2019 when the stock price was at 54.73$.

In the short term (2weeks), NUE's stock price should underperform the market by -0.05%. During that period the price should oscillate between -3.28% and +3.13%.

In the medium term (3months), NUE's stock price should underperform the market by -0.44%. During that period the price should oscillate between -7.79% and +9.64%.


About Nucor Corp.

Nucor Corp. engages in the manufacturing of steel and steel products. It operates through the following segments: Steel Mills, Steel Products, and Raw Materials. The Steel Mills segment comprises carbon and alloy steel in sheet, bars, structural and plate; steel trading businesses; rebar distribution businesses; and Nucor's equity method investments. The Steel Products segment includes steel joists and joist girders, steel deck, fabricated concrete reinforcing steel, cold finished steel, steel fasteners, metal building systems, steel grating, tubular products businesses, piling products business, and wire and wire mesh. The Raw Materials segment consists direct reduced iron, and ferrous and nonferrous metals. The company was founded by Ransom E. Olds in 1905 and is headquartered in Charlotte, NC.

At the moment the company generates 25031M USD in revenues.

On its last earning announcement, the company reported a profit of 7.07$ per share.

The book value per share is 29.63$

Nucor Corp. website


Three months stock forecastOct. 28, 2019


Financials

Revenue USD Gross Margin Operating Income Operating Margin Net Income Earnings Per Share Dividends Payout Ratio Shares Book Value Per Share Operating Cash Flow Cap Spending Free Cash Flow
25031M 16.30% 3241M 12.90% 2212M 7.07 1.58 29.10% 310M 29.63 2711M -1271M 1440M