EPS for Steel Dynamics, Inc. (STLD) Expected At $1.39 on July, 18

June 27, 2018 - By Damon Whitfield

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 increased due to Steel Dynamics, Inc. positioning: 33 sold and 153 reduced. 52 funds took positions and 149 increased positions. Investors holded 188.84 million in 2017Q4 but now own 184.42 million shares or 2.34% less.
Moreover, South Dakota Invest Council has 0.06% invested in Steel Dynamics, Inc. (NASDAQ:STLD) for 60,000 shs. Atlantic Tru Grp Lc has 839 shs for 0% of their capital. Rothschild Asset holds 0.2% of its capital in Steel Dynamics, Inc. (NASDAQ:STLD) for 401,034 shs. Nordea Invest Ab holds 0.01% of its capital in Steel Dynamics, Inc. (NASDAQ:STLD) for 138,478 shs. Granahan Invest Ma holds 5,841 shs or 0.02% of its capital. Guggenheim Capital Llc reported 127,669 shs. Boston Advsrs Ltd Llc holds 0.58% or 514,438 shs in its capital. Catawba Capital Mgmt Va owns 20,708 shs for 0.22% of their capital. Jane Street Gp Ltd Liability accumulated 42,366 shs or 0% of the stock. Secor Advisors L P reported 25,447 shs. Mason Street Advisors Ltd owns 118,570 shs. Toronto Dominion Retail Bank has invested 0% in Steel Dynamics, Inc. (NASDAQ:STLD). Mutual Of America Cap Ltd Liability Corporation holds 0.17% or 246,822 shs in its capital. Advantus holds 28,980 shs or 0.03% of its capital. Leavell Inv Mgmt Inc has 0.06% invested in Steel Dynamics, Inc. (NASDAQ:STLD) for 12,000 shs.

Steel Dynamics, Inc. registered $1.24 million net activity with 0 insider purchases and 4 selling transactions since May 31, 2018. 13,417 Steel Dynamics, Inc. (NASDAQ:STLD) shs with value of $685,952 were sold by KOLB JURGEN DR. On Monday, June 11 3,590 shs were sold by BUSSE KEITH E, worth $180,653.

Steel Dynamics, Inc. (NASDAQ:STLD) is awaited to publish earnings on July, 18., according to Faxor. Analysts forecast 120.63 % diference or $1.39 from the $0.63 EPS from 2017. If reported the P/E will be 8.41 with $327.95M profit. Last quarter $0.96 earnings per share was reported. Analysts predicts 44.79 % EPS growth this quarter. Ticker’s shares touched $46.78 during the last trading session after 0.26% change.Currently Steel Dynamics, Inc. is uptrending after 43.55% change in last June 27, 2017. STLD has also 306,102 shares volume. STLD outperformed by 30.98% the S&P 500.

Steel Dynamics, Inc. (NASDAQ:STLD) Ratings Coverage

Total analysts of 11 have positions in Steel Dynamics (NASDAQ:STLD) as follows: 7 rated it a “Buy”, 0 with “Sell” and 4 with “Hold”. The positive are 64%. Since January 4, 2018 according to StockzIntelligence Inc Steel Dynamics has 17 analyst reports. On Thursday, January 4 the stock has “Buy” rating by Cowen & Co. On Thursday, April 19 Cowen & Co maintained Steel Dynamics, Inc. (NASDAQ:STLD) rating. Cowen & Co has “Buy” rating and $6000 target. On Wednesday, January 10 KeyBanc Capital Markets maintained Steel Dynamics, Inc. (NASDAQ:STLD) with “Buy” rating. On Wednesday, January 24 the firm earned “Outperform” rating by Credit Suisse. On Tuesday, January 23 the firm has “Buy” rating given by BMO Capital Markets. In Tuesday, January 9 report Jefferies maintained the stock with “Buy” rating. The stock rating was maintained by Deutsche Bank with “Buy” on Thursday, March 29. On Tuesday, January 23 Jefferies maintained Steel Dynamics, Inc. (NASDAQ:STLD) rating. Jefferies has “Buy” rating and $54.0 target. The company rating was maintained by Bank of America on Monday, January 8. The stock rating was maintained by Cowen & Co with “Buy” on Wednesday, January 24.

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.The P/E ratio is 13.37. 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 an important Steel Dynamics, Inc. (NASDAQ:STLD) news announced by Seekingalpha.com. It’s a report 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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