Analyst Ratings for Steel Dynamics Inc. (STLD)

Updated: 2017-07-26

An average rating of Buy has been given to Steel Dynamics Inc. (NASDAQ:STLD) by analysts covering the stock. About 30 days ago, STLD was issued an average rating of Buy.

13 analysts declared STLD a buy, 0 gave an overweight rating, 2 gave a hold rating, 0 issued an underweight rating, and 1 issued a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 1. Meanwhile, the number of analysts pessimistic about the company has increased by 0.

A number of analysts gave price targets for STLD. The most optimistic price target was 48, implying a possible profit of 32.74 percent. The most pessimistic analyst gave a price target of 21, implying potential capital losses of -41.92 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is -2 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 2.02 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of -5.2 percent in FY estimates.

People are often interested in whether analysts were united in the direction of their revisions. 3 analysts made positive revisions to their quarterly estimates over the past month, while 3 analysts made negative revisions. Also over the last month, 4 analysts increased their estimates for the FY earnings, compared to 0 analysts that revised their FY estimates downwards.

The growth rate of STLD's earnings is estimated by analysts to be 23.14 percent. The PEG ratio of a stock is another value frequently studied by investors. A lower PEG ratio is favorable, as that can indicate whether the high price level of a stock is warranted by high growth. Many investors consider PEG ratios between 0 and 1 as preferrable, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of STLD is 0.72.

In the last 52-weeks, STLD has achieved a high of 40.17 and a low of 22.79. Today's price is 58.67 percent above the 52-week low, and 9.98 percent below the high. STLD has a price/earnings ratio of 16.71. Investors typically compare the P/E ratio to a company's peers in the industry. The STLD value stock report compares STLD to some of its peers using value stock charts. The market cap of STLD is $9.21 billion. STLD will post this quarters earnings in days, on 0000-00-00.