EPS for Nucor Corporation (NUE) Expected At $0.55

Marco Green
January 13, 2018

The Pacific Heights Asset Management Llc holds 107,000 shares with $6.00 million value, down from 133,000 last quarter. Regis Corp Minn now has $701.48 million valuation. The stock increased 0.99% or $0.67 during the last trading session, reaching $68.62. It has outperformed by 5.04% the S&P500.

Snyder Capital Management LP decreased its stake in Entegris Inc (ENTG) by 2.51% based on its latest 2017Q3 regulatory filing with the SEC. Retirement Systems Of Alabama sold 54,994 shares as the company's stock declined 2.07% while stock markets rallied. The institutional investor held 82,298 shares of the steel and iron ore company at the end of 2017Q3, valued at $4.61M, up from 4,327 at the end of the previous reported quarter. About 900,865 shares traded. Carnival Corporation (NYSE:CCL) has risen 24.12% since January 11, 2017 and is uptrending.

Since September 19, 2017, it had 0 buys, and 3 selling transactions for $1.59 million activity. 15,131 shares were sold by FERRIOLA JOHN J, worth $913,959 on Monday, October 23. Chandoha Marie A sold $350,732 worth of stock or 7,793 shares.

Nucor Corporation (NYSE:NUE) is anticipated to report earnings of 26.79% per share for next year, according to analysts. They expect $0.75 earnings per share, up 13.64% or $0.09 from last year's $0.66 per share. NUE's profit would be $174.85 million giving it 31.90 P/E if the $0.55 EPS is correct. During the same quarter in the prior year, the firm posted $0.88 earnings per share. research analysts forecast that Nucor Co. will post 3.61 EPS for the current year. One research analyst has rated the stock with a sell rating, six have given a hold rating and ten have issued a buy rating to the company. Therefore 21% are positive. Petroleo Brasileiro Petrobras SA had 37 analyst reports since August 7, 2015 according to SRatingsIntel. Citigroup maintained Nucor Corporation (NYSE:NUE) on Friday, October 20 with "Buy" rating. Jefferies Group has a "Buy" rating and a $77.00 price objective on the stock. On Monday, June 13 the stock rating was upgraded by Ladenburg Thalmann to "Underperform". Credit Suisse upgraded the stock to "Outperform" rating in Wednesday, May 24 report. The firm earned "Buy" rating on Tuesday, October 17 by Jefferies.

The collective rating of 2.1 for Nucor Corporation (NYSE:NUE) also leans strongly towards the neutral end of the spectrum. Macquarie Research has "Neutral" rating and $38 target. ValuEngine upgraded shares of Nucor from a "hold" rating to a "buy" rating in a research report on Sunday, December 31st. The stock has "Buy" rating by Jefferies on Monday, August 21.

Investors sentiment decreased to 1.15 in Q3 2017. The company has a current ratio of 2.11, a quick ratio of 1.12 and a debt-to-equity ratio of 0.37. It is negative, as 62 investors sold Nucor Corporation shares while 223 reduced holdings. 59 funds opened positions while 196 raised stakes. According to the most recent data, Nucor Corporation has a 52-week high of $68.33 and a 52-week low of $51.67. Vanguard Group Inc invested in 0.07% or 25.81M shares. The Michigan-based Comerica Bancorp has invested 0.17% in Nucor Corporation (NYSE:NUE). Bancorporation Of Montreal Can holds 0.02% or 320,930 shares. Andra Ap owns 80,900 shares. Ing Groep Nv has invested 0.03% in Nucor Corporation (NYSE:NUE). Connecticut-based Virtus Investment Advisers has invested 1.03% in Nucor Corporation (NYSE:NUE). This is an increase from Nucor's previous quarterly dividend of $0.38. With 1.99 million avg volume, 2 days are for Nucor Corporation (NYSE:NUE)'s short sellers to cover NUE's short positions. Busey Company accumulated 79,167 shares. The stock has "Buy" rating by Axiom Capital on Monday, April 4.

Tenet Healthcare Corporation New (NYSE:THC) had an increase of 0.18% in short interest. Turns back to returns ratios, the co's returns on assets calculated as 8.50%; that gives an idea as to how efficient management is at using its assets to generate earnings. Its down 0.35, from 1.24 in 2017Q2. (NASDAQ:FB). Natixis invested in 87,411 shares. 41 funds opened positions while 79 raised stakes. Royal Retail Bank Of Canada, a Ontario - Canada-based fund reported 413,295 shares. Clarivest Asset Mngmt Ltd Liability Corp holds 9,714 shares or 0.01% of its portfolio. Bessemer Gp owns 0% invested in Standex International Corporation (NYSE:SXI) for 227 shares. Bridgewater Assocs LP has invested 0.03% of its portfolio in Carnival Corporation (NYSE:CCL). Northern accumulated 0.01% or 425,240 shares. Ls Investment Advsrs Limited Liability owns 48,999 shares.

Nucor Corporation (Nucor) manufactures steel and steel products.

Nucor (NYSE:NUE) last issued its earnings results on Thursday, October 19th. The average 1-year price target for (CPE) reveals an average price target of $15.52 per share.

Among 6 analysts covering Standex Int'l Corp.

Nucor Corporation (NYSE:NUE) traded down 0.4636% during mid-day trading on Friday, hitting $57.2235. Therefore 92% are positive.

According to Nucor Corporation's latest 13F filing with the US Securities and Exchange Commission (SEC), institutional ownership is at 74.92%. On Monday, December 19 the stock rating was downgraded by Sidoti to "Neutral". The company has a market cap of $18.31 billion, a price-to-earnings ratio of 23.0740 and a beta of 1.45. The company was maintained on Thursday, August 31 by Cowen & Co. Commonwealth Bancshares Of Aus holds 0.23% in Nucor Corporation (NYSE:NUE) or 413,917 shares.

Since August 30, 2017, it had 0 insider purchases, and 1 insider sale for $189,288 activity. Benjamin F. Edwards & Company Inc. now owns 2,673 shares of the basic materials company's stock worth $150,000 after buying an additional 2,373 shares during the last quarter.

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