Nucor Corp Stock Buy Hold or Sell Recommendation
| NUE Stock | USD 190.77 2.01 1.04% |
Considering the 90-day investment horizon and your complete indifference towards market risk, our recommendation regarding Nucor Corp is 'Strong Buy'. Macroaxis provides Nucor Corp buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding NUE positions. The advice algorithm takes into account all of Nucor Corp's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Nucor Corp's buy or sell advice are summarized below:
Real Value 191.32 | Target Price 159.13 | Hype Value 192.47 | Market Value 190.77 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Nucor Corp given historical horizon and risk tolerance towards Nucor Corp. When Macroaxis issues a 'buy' or 'sell' recommendation for Nucor Corp, the advice is generated through an automated system that utilizes algorithms and statistical models.
Nucor |
Execute Nucor Corp Buy or Sell Advice
The Nucor recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Nucor Corp. Macroaxis does not own or have any residual interests in Nucor Corp or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Nucor Corp's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Buy
Market Performance | Good | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Very Low | Details | |
Economic Sensitivity | Almost mirrors the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Nucor Corp Trading Alerts and Improvement Suggestions
| Over 81.0% of the company shares are owned by institutional investors | |
| Latest headline from benzinga.com: What the Options Market Tells Us About Nucor |
Nucor Corp Returns Distribution Density
The distribution of Nucor Corp's historical returns is an attempt to chart the uncertainty of Nucor Corp's future price movements. The chart of the probability distribution of Nucor Corp daily returns describes the distribution of returns around its average expected value. We use Nucor Corp price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Nucor Corp returns is essential to provide solid investment advice for Nucor Corp.
| Mean Return | 0.22 | Value At Risk | -1.42 | Potential Upside | 2.68 | Standard Deviation | 1.48 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Nucor Corp historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Nucor Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Nucor Corp is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Nucor Corp backward and forwards among themselves. Nucor Corp's institutional investor refers to the entity that pools money to purchase Nucor Corp's securities or originates loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Norges Bank | 2023-12-31 | 2.2 M | Legal & General Group Plc | 2023-12-31 | 2.1 M | T. Rowe Price Associates, Inc. | 2023-12-31 | 2.1 M | Pacer Advisors, Inc. | 2023-12-31 | 2.1 M | Amvescap Plc. | 2023-12-31 | 2 M | Bank Of New York Mellon Corp | 2023-12-31 | 1.7 M | Charles Schwab Investment Management Inc | 2023-12-31 | 1.5 M | First Trust Advisors L.p. | 2023-12-31 | 1.4 M | Wells Fargo & Co | 2023-12-31 | 1.3 M | Vanguard Group Inc | 2023-12-31 | 29.5 M | State Farm Mutual Automobile Ins Co | 2023-12-31 | 25.1 M |
Nucor Corp Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | 712.6M | 284.1M | (2.3B) | 962.4M | (75.0M) | (78.8M) | |
| Change In Cash | 135.7M | 1.2B | (246.3M) | 1.9B | 2.1B | 2.2B | |
| Free Cash Flow | 1.3B | 1.2B | 4.6B | 8.1B | 4.9B | 5.1B | |
| Depreciation | 734.7M | 785.5M | 864.6M | 1.1B | 1.2B | 1.2B | |
| Other Non Cash Items | 101.1M | 634.7M | (40.7M) | 148.1M | 425.8M | 447.1M | |
| Dividends Paid | 492.1M | (491.7M) | (483.5M) | (533.6M) | (514.5M) | (488.8M) | |
| Capital Expenditures | 1.5B | 1.5B | 1.6B | 1.9B | 2.2B | 2.3B | |
| Net Income | 1.4B | 836.0M | 7.1B | 8.1B | 4.5B | 4.7B | |
| End Period Cash Flow | 1.5B | 2.8B | 2.5B | 4.4B | 6.4B | 6.7B | |
| Change To Netincome | 253.1M | 247.2M | 401.6M | 79.3M | 91.2M | 153.0M | |
| Investments | (278.3M) | (140.8M) | 154.8M | (5.7B) | (2.6B) | (2.4B) | |
| Change Receivables | 361.3M | (129.3M) | (1.4B) | 501.2M | 451.1M | 473.7M | |
| Net Borrowings | 4.6M | 1.1B | 246.8M | 909.2M | 1.0B | 1.1B |
Nucor Corp Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Nucor Corp or Metals & Mining sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Nucor Corp's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Nucor stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | 0.16 | |
β | Beta against NYSE Composite | 1.02 | |
σ | Overall volatility | 1.49 | |
Ir | Information ratio | 0.11 |
Nucor Corp Volatility Alert
Nucor Corp has relatively low volatility with skewness of 1.52 and kurtosis of 6.04. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Nucor Corp's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Nucor Corp's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Nucor Corp Implied Volatility
Nucor Corp's implied volatility exposes the market's sentiment of Nucor Corp stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Nucor Corp's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Nucor Corp stock will not fluctuate a lot when Nucor Corp's options are near their expiration.
Nucor Corp Fundamentals Vs Peers
Comparing Nucor Corp's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Nucor Corp's direct or indirect competition across all of the common fundamentals between Nucor Corp and the related equities. This way, we can detect undervalued stocks with similar characteristics as Nucor Corp or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Nucor Corp's fundamental indicators could also be used in its relative valuation, which is a method of valuing Nucor Corp by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Nucor Corp to competition |
| Fundamentals | Nucor Corp | Peer Average |
| Return On Equity | 0.24 | -0.31 |
| Return On Asset | 0.11 | -0.14 |
| Profit Margin | 0.13 % | (1.27) % |
| Operating Margin | 0.13 % | (5.51) % |
| Current Valuation | 47.25 B | 16.62 B |
| Shares Outstanding | 239.98 M | 571.82 M |
| Shares Owned By Insiders | 0.57 % | 10.09 % |
| Shares Owned By Institutions | 81.34 % | 39.21 % |
| Number Of Shares Shorted | 4.9 M | 4.71 M |
| Price To Earning | 4.73 X | 28.72 X |
| Price To Book | 2.23 X | 9.51 X |
| Price To Sales | 1.34 X | 11.42 X |
| Revenue | 34.71 B | 9.43 B |
| Gross Profit | 12.53 B | 27.38 B |
| EBITDA | 7.41 B | 3.9 B |
| Net Income | 4.51 B | 570.98 M |
| Cash And Equivalents | 4.28 B | 2.7 B |
| Cash Per Share | 13.36 X | 5.01 X |
| Total Debt | 6.95 B | 5.32 B |
| Debt To Equity | 0.36 % | 48.70 % |
| Current Ratio | 3.10 X | 2.16 X |
| Book Value Per Share | 85.51 X | 1.93 K |
| Cash Flow From Operations | 7.11 B | 971.22 M |
| Short Ratio | 3.75 X | 4.00 X |
| Earnings Per Share | 18.00 X | 3.12 X |
| Price To Earnings To Growth | 0.75 X | 4.89 X |
| Target Price | 190.06 | |
| Number Of Employees | 32 K | 18.84 K |
| Beta | 1.63 | -0.15 |
| Market Capitalization | 46.1 B | 19.03 B |
| Total Asset | 35.34 B | 29.47 B |
| Retained Earnings | 28.76 B | 9.33 B |
| Working Capital | 11.79 B | 1.48 B |
Note: Acquisition by Stephen Laxton of 10536 shares of Nucor Corp subject to Rule 16b-3 [view details]
Nucor Corp Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Nucor . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 28227.17 | |||
| Daily Balance Of Power | (0.39) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 191.56 | |||
| Day Typical Price | 191.29 | |||
| Price Action Indicator | (1.79) | |||
| Period Momentum Indicator | (2.01) | |||
| Relative Strength Index | 82.84 |
About Nucor Corp Buy or Sell Advice
When is the right time to buy or sell Nucor Corp? Buying financial instruments such as Nucor Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.| 2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 5.7B | 6.7B | 6.9B | 7.3B | Total Assets | 25.8B | 32.5B | 35.3B | 37.1B |
Use Investing Ideas to Build Portfolios
In addition to having Nucor Corp in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Railroads Thematic Idea Now
Railroads
Companies involved in manufacturing and maintenance of freight railroads and passenger trains as well as providing railroad services to public. The Railroads theme has 38 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Railroads Theme or any other thematic opportunities.
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Check out Nucor Corp Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. For information on how to trade Nucor Stock refer to our How to Trade Nucor Stock guide.You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
Complementary Tools for Nucor Stock analysis
When running Nucor Corp's price analysis, check to measure Nucor Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Nucor Corp is operating at the current time. Most of Nucor Corp's value examination focuses on studying past and present price action to predict the probability of Nucor Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nucor Corp's price. Additionally, you may evaluate how the addition of Nucor Corp to your portfolios can decrease your overall portfolio volatility.
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Is Nucor Corp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Nucor Corp. If investors know Nucor will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Nucor Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.35) | Dividend Share 2.07 | Earnings Share 18 | Revenue Per Share 138.98 | Quarterly Revenue Growth (0.12) |
The market value of Nucor Corp is measured differently than its book value, which is the value of Nucor that is recorded on the company's balance sheet. Investors also form their own opinion of Nucor Corp's value that differs from its market value or its book value, called intrinsic value, which is Nucor Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Nucor Corp's market value can be influenced by many factors that don't directly affect Nucor Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Nucor Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nucor Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nucor Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.