Nucor Corporation (NUE) – Watching Financial Trends Closely

NAPOLITAN RAYMOND S JR, Executive Vice President, subtracted 7,214 shares of Nucor Corporation (NUE) from its portfolio at the rate of $56.32 per share valuing $406,280 on Jul 24. The insider left behind 142,483 shares of the company to its portfolio. Before making a move on any particular stock, readers often pay close attention to support and resistance markers. The last reported price for shares of Nucor Corporation (NUE) was $49.91. Currently, the 1st Resistance Point for this stock is $50.31, with a 2nd Resistance Point sitting at $50.72. Meanwhile, this company’s stock has a 1st Support Level at $49.56 and a 2nd Support Level at $49.22. Nucor Corporation (NUE) stock has gained $0.55, or 1.11%, in the past five days. In the last full month, these shares have lost -$6.80, or -11.99%. In the past three months, this stock’s price has fallen by -$3.38, or -6.34%. This year-to-date, Nucor Corporation (NUE) shares have lost -$1.90, or -3.67%.

Analyzing price projection indicators is a helpful way to determine whether a potential stock buy is a wise choice for profits in the short term, medium term, and long term. For Nucor Corporation (NUE) stock, 100% of short-term indicators suggest that these shares are a “ Sell .” Meanwhile, 100% of medium-term indicators point to this stock being a “ Sell .”

With 303,157 K shares outstanding, this company currently has a market capitalization of $14,781,935K. Nucor Corporation (NUE) generates $25,067 M in annual sales, amounting to annual net income of $2,361 M. This stock has generated a 1-Year Total Return of -19.99%, a 3-Year Total Return of 2.51%, and a 5-year Total Return of -8.12%. This stock’s 5-Year Dividend Growth is 4.76%, with its most recent dividend valued at $0.400 per share on 06/27/19. Its Annual Dividend Yield is 3.28%, and its Annual Dividend Rate is 1.60.

In the most recently-reported fiscal quarter, which ended in Jun-19, Nucor Corporation (NUE) reported earnings of $1.26 per share. Wall Street analysts, on average, were expecting the company to report earnings of $1.29 per share, representing a -0.03 difference and 2.27% surprise. In the previous quarter ending in Mar-19, the reported earnings of $1.55 represented a 0.05 difference from the consensus estimate calling for $1.50 per share, which was a 3.26% surprise.

For the current fiscal quarter, which is set to end in 09/2019, the average earnings estimate is $1.06 per share. This estimate came from a total of 6 Wall Street Analysts. Of those market experts, the high estimate was $1.20 and the low estimate was $0.96. In the year-ago quarter, Nucor Corporation (NUE) generated per-share earnings of $2.33. If the analysts are correct about the current quarter’s earnings, the growth will be -54.51% .

Turning our focus now to insider trading activity, there have been 17 purchases (573,128 shares in total) and 20 sale (139,471 shares in total) in the last 3 months. In the last 6 months, there have been 27 insider buys amounting to 669,497 shares and 32 insider sales amounting to 221,722 shares. In the past full year, 46 insider purchases were made (involving 828,189 shares) and 35 insider sell-offs equivalent to 309,881 shares.

Moving onto liquidity, Nucor Corporation (NUE) has a Current Ratio of 3.08, a Quick Ratio of 1.45 and a Cash Ratio of 0.50. Looking at this company’s capital structure, its Total Debt to Total Equity is 43.82, its Total Debt to Total Capital is 30.47, and its Total Debt to Total Assets is now 23.95. Looking even further ahead into the future, its Long-Term Debt to Equity is 43.23 and its Long-Term Debt to Total Capital is 30.06.