Analyst Ratings for Nucor Corp. (NUE)

Updated: 2017-07-29

An average rating of Buy has been given to Nucor Corp. (NYSE:NUE) by analysts covering the stock. A consensus rating of Overweight was previously issued for NUE last month.

Of the 17 analysts covering the stock, 13 gave it a buy rating, 0 gave an overweight rating, 4 issued a hold rating, 0 issued an underweight rating, and 0 gave a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 2. During this time, the number of analysts bearish on the stock has increased by 0.

Several price targets were given for NUE by the analysts covering the stock. The maximum price target given was 78.5, implying a possible profit of 36.62 percent. The lowest price target was 40, implying potential capital losses of -30.39 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.

Analysts have revised their earnings estimates downwards for this quarter, by about -9.03 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is -8.89 percent. Over the past 30 days, FY earnings estimates have also changed downwards by -3.9 percent. If we look at the last 90 days instead, we find a net average change of -6.59 percent in FY estimates.

Another thing investors often look at is the level of agreement among analysts' revisions. Over the past month, 0 analysts increased their quarterly estimates, while 4 analysts revised their estimates downwards. During this time, 2 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 6 analysts that revised their FY estimates downwards.

The growth rate of NUE's earnings is estimated by analysts to be 18.49 percent. The PEG ratio of a stock is another value frequently studied by investors. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. PEG ratios below 1 are often considered desirable, although it is frequently more appropriate to compare PEG ratios to the company's peers. NUE has a PEG ratio of 0.9.

In the last 52-weeks, NUE has achieved a high of 68.00 and a low of 44.81. Today's price is 28.23 percent above the 52-week low, and below the high by 15.5 percent. NUE has a P/E ratio of 16.66. Investors typically compare the P/E ratio to a company's peers in the industry. The NUE value stock report compares NUE to some of its peers using value stock charts. The market cap of NUE is $18.72 billion. NUE will post this quarters earnings in days, on 0000-00-00.