Companhia Siderurgica Nacional Stock Today
| SID Stock | USD 2.72 0.03 1.09% |
Performance0 of 100
| Odds Of DistressLess than 38
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Companhia Siderurgica is trading at 2.72 as of the 19th of April 2024, a -1.09 percent decrease since the beginning of the trading day. The stock's lowest day price was 2.68. Companhia Siderurgica has about a 38 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. Equity ratings for Companhia Siderurgica Nacional are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of March 2024 and ending today, the 19th of April 2024. Click here to learn more.
Business Domain Materials | IPO Date 14th of November 1997 | Category Basic Materials |
Companhia Siderrgica Nacional operates as an integrated steel producer in Brazil and Latin America. Companhia Siderrgica Nacional operates as a subsidiary of Vicunha Aos S.A. Companhia Siderurgica operates under Steel classification in the United States and is traded on New York Stock Exchange. The company has 1.33 B outstanding shares of which 2.79 M shares are at this time shorted by investors with about 1.1 days to cover. More on Companhia Siderurgica Nacional
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Moving against Companhia Stock
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Follow Valuation Options Odds of Bankruptcy
Financial Report 1st of May 2024
Companhia Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Companhia Siderurgica's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Companhia Siderurgica or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Vice Chairman of the Board | Jacks Rabinovich | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Idea | Steel Works Etc (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Old Names | [CI U.S. Trendleaders ETF, Saigon Co.op Investment Development JSC] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Metals & Mining, Materials, Basic Materials, NYSE Composite, Steel Works Etc, Materials, Metals & Mining, Steel, Basic Materials (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering Companhia Siderurgica report their recommendations after researching Companhia Siderurgica's financial statements, talking to executives and customers, or listening in on Companhia Siderurgica's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Companhia Siderurgica. The Companhia consensus assessment is calculated by taking the average forecast from all of the analysts covering Companhia Siderurgica. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the key measurements obtained from Companhia Siderurgica's financial statements, Companhia Siderurgica Nacional may be sliding down financialy. It has an above-average likelihood of going through some form of financial trouble next quarter. Financial strength of Companhia Siderurgica is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Companhia Siderurgica's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Companhia Siderurgica's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Companhia Siderurgica's financial leverage. It provides some insight into what part of Companhia Siderurgica's total assets is financed by creditors.
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Companhia Siderurgica Nacional (SID) is traded on New York Stock Exchange in USA. It is located in Av. Brigadeiro Faria Lima, 3400, São Paulo, SP, Brazil, 04538-132 and employs 32 people. Companhia Siderurgica is listed under Metals & Mining category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a total capitalization of 3.6 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Companhia Siderurgica's market, we take the total number of its shares issued and multiply it by Companhia Siderurgica's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Companhia Siderurgica runs under Metals & Mining sector within Materials industry. The entity has 1.33 B outstanding shares of which 2.79 M shares are at this time shorted by investors with about 1.1 days to cover.
Companhia Siderurgica Nacional has about 5.6 B in cash with 7.29 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 11.78, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check Companhia Siderurgica Probability Of Bankruptcy
Ownership AllocationCompanhia Siderurgica holds a total of 1.33 Billion outstanding shares. Almost 97.0 percent of Companhia Siderurgica outstanding shares are held by general public with 2.94 % by other corporate entities. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Companhia Ownership Details
Companhia Stock Price Odds Analysis
What are Companhia Siderurgica's target price odds to finish over the current price? Based on a normal probability distribution, the odds of Companhia Siderurgica jumping above the current price in 90 days from now is about 98.0%. The Companhia Siderurgica Nacional probability density function shows the probability of Companhia Siderurgica stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 1.9326. This usually implies as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Companhia Siderurgica will likely underperform. Additionally, companhia Siderurgica Nacional has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Companhia Siderurgica to move above the current price in 90 days from now is about 98.0 (This Companhia Siderurgica Nacional probability density function shows the probability of Companhia Stock to fall within a particular range of prices over 90 days) .
Companhia Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Companhia Siderurgica that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Companhia Siderurgica's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Companhia Siderurgica's value.| Instituion | Recorded On | Shares | |
| Legal & General Group Plc | 2023-09-30 | 547.5 K | |
| Two Sigma Investments Llc | 2023-09-30 | 489.2 K | |
| Jane Street Group, Llc | 2023-09-30 | 470.7 K | |
| Banque Cantonale Vaudoise | 2023-09-30 | 450 K | |
| Guggenheim Capital Llc | 2023-09-30 | 317.3 K | |
| Hsbc Holdings Plc | 2023-09-30 | 297.4 K | |
| Credit Suisse First Boston (csfb) | 2023-09-30 | 288.2 K | |
| Citadel Advisors Llc | 2023-09-30 | 284.7 K | |
| Itau Unibanco Holding Sa | 2023-09-30 | 213.7 K | |
| Vanguard Group Inc | 2023-09-30 | 5.3 M | |
| Dimensional Fund Advisors, Inc. | 2023-12-31 | 5.2 M |
Companhia Siderurgica Historical Income Statement
Companhia Siderurgica Nacional Income Statement is one of the three primary financial statements used for reporting Companhia's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Companhia Siderurgica revenue and expense. Companhia Siderurgica Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, Companhia Siderurgica's Total Revenue is projected to increase significantly based on the last few years of reporting. The current year's Other Operating Expenses is expected to grow to about 41 B, whereas Operating Income is forecasted to decline to about 4.2 B. View More FundamentalsCompanhia Stock Against Markets
Picking the right benchmark for Companhia Siderurgica stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Companhia Siderurgica stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Companhia Siderurgica is critical whether you are bullish or bearish towards Companhia Siderurgica Nacional at a given time. Please also check how Companhia Siderurgica's historical prices are related to one of the top price index indicators.
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Companhia Siderurgica Corporate Directors
Companhia Siderurgica corporate directors refer to members of a Companhia Siderurgica board of directors. The board of directors generally takes responsibility for the Companhia Siderurgica's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Companhia Siderurgica's board members must vote for the resolution. The Companhia Siderurgica board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Fernando Perrone | Director | Profile | |
| Luis Cardamone | Member of the Board of Directors | Profile | |
| Antonio Santos | Director | Profile | |
| Yoshiaki Nakano | Independent Director | Profile |
How to buy Companhia Stock?
Before investing in Companhia Siderurgica, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Companhia Siderurgica. To buy Companhia Siderurgica stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Companhia Siderurgica. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Companhia Siderurgica stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Companhia Siderurgica Nacional stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Companhia Siderurgica Nacional stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Companhia Siderurgica Nacional, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Companhia Stock please use our How to Invest in Companhia Siderurgica guide.
Already Invested in Companhia Siderurgica Nacional?
The danger of trading Companhia Siderurgica Nacional is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Companhia Siderurgica is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Companhia Siderurgica. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Companhia Siderurgica is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Companhia Siderurgica is a strong investment it is important to analyze Companhia Siderurgica's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Companhia Siderurgica's future performance. For an informed investment choice regarding Companhia Stock, refer to the following important reports: Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Companhia Siderurgica Nacional. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Complementary Tools for Companhia Stock analysis
When running Companhia Siderurgica's price analysis, check to measure Companhia Siderurgica'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 Companhia Siderurgica is operating at the current time. Most of Companhia Siderurgica's value examination focuses on studying past and present price action to predict the probability of Companhia Siderurgica's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Companhia Siderurgica's price. Additionally, you may evaluate how the addition of Companhia Siderurgica to your portfolios can decrease your overall portfolio volatility.
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Is Companhia Siderurgica'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 Companhia Siderurgica. If investors know Companhia 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 Companhia Siderurgica 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 33.206 | Earnings Share (0.13) | Revenue Per Share 34.265 | Quarterly Revenue Growth 0.079 | Return On Assets 0.0344 |
The market value of Companhia Siderurgica is measured differently than its book value, which is the value of Companhia that is recorded on the company's balance sheet. Investors also form their own opinion of Companhia Siderurgica's value that differs from its market value or its book value, called intrinsic value, which is Companhia Siderurgica'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 Companhia Siderurgica's market value can be influenced by many factors that don't directly affect Companhia Siderurgica'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 Companhia Siderurgica's value and its price as these two are different measures arrived at by different means. Investors typically determine if Companhia Siderurgica is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Companhia Siderurgica'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.