Investors are on the edge of their collective seats, hoping that Nucor
What analysts say:
- Buy, sell, or hold?: Analysts are bullish on this stock with eight analysts rating it as a buy and only one rating it as a sell. Analysts like Nucor better than competitor Gerdau overall. Wall Street has warmed to the stock over the past three months, with analysts increasing their endorsement from hold to moderate buy.
- Revenue Forecasts: On average, analysts predict $4.87 billion in revenue this quarter. That would represent a rise of 17.6% from the year-ago quarter.
- Wall Street Earnings Expectations: The average analyst estimate is earnings of $0.50 per share. Estimates range from $0.44 to $0.55.
What our community says:
CAPS All-Stars are solidly behind the stock with 97.5% assigning it an "outperform" rating. The community at large concurs with the All-Stars with 96.6% granting it a rating of "outperform." Fools are gung-ho about Nucor and haven't been shy with their opinions lately, logging 647 posts in the past 30 days. Nucor has a bullish CAPS rating of five out of five stars that is about on par with the Fool community assessment.
Management:
The company increased its gross margin by 5.7 percentage points in the last quarter. Revenue rose 21.7% while cost of sales rose 14.2% to $4.44 billion from a year earlier.
Quarter | Q2 | Q1 | Q4 | Q3 |
Gross Margin | 13% | 9.1% | 3.4% | 4.6% |
Operating Margin | 9.3% | 5.5% | (0.3%) | 1.5% |
Net Margin | 5.9% | 3.3% | (0.3%) | 0.6% |
One final thing: If you want to keep tabs on Nucor movements, and for more analysis on the company, make sure you add it to your watchlist.
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