EPS for Nucor Corporation (NUE) Expected At $1.69 on July, 19

June 29, 2018 - By Julia Strobel

Nucor Corporation (NYSE:NUE) Corporate Logo
During 2018 Q1 the big money sentiment decreased to 0.9. That’s change of 0.03, from 2017Q4’s 0.93. 57 investors sold all, 229 reduced holdings as Nucor Corporation ratio fall. 172 rose stakes while 85 funds took stakes. Funds hold 242.18 million shares thus 0.92% less from 2017Q4’s 244.43 million shares.
Griffin Asset Mgmt Inc reported 49,361 shs. Destination Wealth Mngmt reported 0.02% in Nucor Corporation (NYSE:NUE). Braun Stacey Inc holds 59,928 shs. South State Corporation reported 0.38% stake. Deprince Race Zollo accumulated 368,036 shs. 1.02M were reported by Swiss Natl Bank. Putnam Ltd Liability invested 0% in Nucor Corporation (NYSE:NUE). Linscomb Williams has 0.07% invested in Nucor Corporation (NYSE:NUE). Texas Yale Capital accumulated 5,200 shs. Cap Investment Counsel holds 0.16% or 6,405 shs. 878,186 are owned by Principal Group. Asset Mgmt One Company holds 0.07% of its capital in Nucor Corporation (NYSE:NUE) for 543,556 shs. Visionary Asset Mgmt holds 49,888 shs. Advisor Prtnrs Ltd Llc has 0.05% invested in Nucor Corporation (NYSE:NUE). California-based First Republic Management has invested 0.01% in Nucor Corporation (NYSE:NUE).

Nucor Corporation registered $8.25 million net activity with 0 buys and 8 insider sales since February 13, 2018. Topalian Leon J sold 3,115 shs worth $202,411. 8,000 shs were sold by NAPOLITAN RAYMOND S JR, worth $520,880. Shares for $2.66 million were sold by HALL LADD R on Monday, February 19. Frias James D sold $2.67M worth of Nucor Corporation (NYSE:NUE) on Monday, February 19. $109,646 worth of Nucor Corporation (NYSE:NUE) was sold by HAYNES VICTORIA F. The insider Keller Michael D sold $961,405.

On July, 19 is anticipated Nucor Corporation (NYSE:NUE)’s earnings report, according to RTT. Analysts forecast $1.69 EPS, which is $0.69 up or 69.00 % from 2017’s $1 EPS. If reported the P/E will be 9.31 with $537.59 million profit. After $1.17 EPS report previous quarter, Wall Street now forecasts 44.44 % EPS growth of Nucor Corporation. The stock increased 0.37% or $0.2301 during the last trading session, hitting $62.9301.Nucor Corporation has volume of 562,865 shares. Since June 29, 2017 NUE has risen 9.59% and is uptrending. The stock underperformed the S&P 500 by 2.98%.

Nucor Corporation (NYSE:NUE) Ratings Coverage

In total 9 analysts cover Nucor Corp (NYSE:NUE). “Buy” rating has 5, “Sell” are 0, while 4 are “Hold”. (NYSE:NUE) has 56% bullish analysts. 12 are the (NYSE:NUE)’s ratings reports on Jun 29, 2018 according to StockzIntelligence Inc. In Wednesday, January 31 report Jefferies maintained the stock with “Buy” rating. The company rating was upgraded by Macquarie Research on Thursday, May 17. On Tuesday, April 17 Morgan Stanley maintained Nucor Corporation (NYSE:NUE) with “Equal-Weight” rating. On Wednesday, January 31 Credit Suisse maintained Nucor Corporation (NYSE:NUE) with “Buy” rating. On Monday, January 8 the stock of Nucor Corporation (NYSE:NUE) has “Buy” rating given by Bank of America. On Tuesday, January 30 the stock of Nucor Corporation (NYSE:NUE) earned “Hold” rating by BMO Capital Markets. On Wednesday, February 7 the stock has “Buy” rating by Credit Suisse. On Tuesday, January 9 the firm earned “Buy” rating by Jefferies. In Thursday, January 4 report Cowen & Co maintained the stock with “Hold” rating. On Tuesday, February 6 Morgan Stanley maintained Nucor Corporation (NYSE:NUE) rating. Morgan Stanley has “Equal-Weight” rating and $68 target.

Nucor Corporation manufactures and sells steel and steel products in the United States and internationally.The firm is valued at $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 announced by: Fool.com on June 27, 2018 with title “Is United States Steel Corporation a Buy?”. The other Schaeffersresearch.com‘s article was titled “2 Steel Stocks Boasting Attractive Options” and announced on June 27, 2018.

Nucor Corporation (NYSE:NUE) Institutional Investors Chart

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