Nucor Corp (NYSE: NUE) is -19.05% lower on its value in year-to-date trading and has touched a low of $97.59 and a high of $170.52 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The NUE stock was last observed hovering at around $124.30 in the last trading session, with the day’s loss setting it -121.62%.
Currently trading at $2.68M, the stock is 6.10% and 8.29% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.79 million and changing 1789306% at the moment leaves the stock -4.11% off its SMA200. NUE registered 7.95% gain for a year compared to 6-month loss of 4.14%.
The stock witnessed a 12.77% gain in the last 1 month and extending the period to 3 months gives it a 3.26%, and is 3.34% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.96% over the week and 3.00% over the month.
Nucor Corp (NUE) has around 32700 employees, a market worth around $29.07B and $30.43B in sales. Current P/E ratio is 22.43 and Fwd P/E is 11.93. Profit margin for the company is 4.38%. Distance from 52-week low is 29.10% and -26.11% from its 52-week high. The company has generated returns on investments over the last 12 months (4.98%).
The EPS is expected to shrink by -5.27% this year.
Nucor Corp (NUE) Top Institutional Holders
The shares outstanding are 230.80M, and float is at 229.13M with Short Float at 3.18%.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 28.6 million shares valued at $4.52 billion. The investor’s holdings represent 11.9372% of the NUE Shares outstanding. As of 2024-06-30, the second largest holder is STATE FARM MUTUAL AUTOMOBILE INSURANCE CO with 24.69 million shares valued at $3.9 billion to account for 10.3064 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 20.45 million shares representing 8.5342% and valued at over $3.23 billion, while STATE STREET CORP holds 4.6338 of the shares totaling 11.1 million with a market value of $1.76 billion.
Nucor Corp (NUE) Insider Activity
The most recent transaction is an insider sale by Topalian Leon J,the company’sChair, President and CEO. SEC filings show that Topalian Leon J sold 34,238 shares of the company’s common stock on May 01 ’25 at a price of $120.19 per share for a total of $4.11 million. Following the sale, the insider now owns 0.16 million shares.
Still, SEC filings show that on Nov 11 ’24, Behr Allen C (Executive Vice President) disposed off 4,968 shares at an average price of $159.72 for $0.79 million. The insider now directly holds 85,376 shares of Nucor Corp (NUE).
