Back to top
more

Nucor (NUE)

(Real Time Quote from BATS)

$162.29 USD

162.29
434,242

-0.21 (-0.13%)

Updated Jul 22, 2024 12:04 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.15%
2Buy17.88%
3Hold9.47%
4Sell5.14%
5Strong Sell2.57%
S&P50011.11%

Zacks Rank Education - Learn about the Zacks Rank

Zacks Rank Home - Zacks Rank resources in one place

Zacks Premium - The only way to fully access the Zacks Rank

5-Strong Sell of 5         5

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

Zacks Style Scores Education - Learn more about the Zacks Style Scores

B Value D Growth F Momentum D VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

Zacks Rank Education -- Learn more about the Zacks Rank
Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Bottom 14% (214 out of 250)

Industry: Steel - Producers

Better trading starts here.

Zacks News

Will Weaker Steel Prices Weigh on Nucor's (NUE) Earnings in Q2?

Lower earnings in the steel mills segment on weaker selling prices and volumes are likely to have hurt Nucor's (NUE) second-quarter results.

Steel Dynamics (STLD) Q2 Earnings and Revenues Surpass Estimates

Steel Dynamics (STLD) delivered earnings and revenue surprises of 1.87% and 4.87%, respectively, for the quarter ended June 2024. Do the numbers hold clues to what lies ahead for the stock?

Anindya Barman headshot

Cleveland-Cliffs (CLF) Stock: Buy or Sell Before Q2 Earnings?

While Cleveland-Cliffs (CLF) is expected to have benefited from lower unit costs and healthy volumes, lower prices are likely to have weighed on its Q2 performance.

Earnings Preview: Nucor (NUE) Q2 Earnings Expected to Decline

Nucor (NUE) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Anindya Barman headshot

Cleveland-Cliffs (CLF) Down 23% in 3 Months: Time to Buy the Dip?

While Cleveland-Cliffs (CLF) benefits from its vertically integrated footprint, competitive strength and cost-saving actions, a significant pullback in steel prices and declining earnings estimates cast a pall on its prospects.

Is First Trust Rising Dividend Achievers ETF (RDVY) a Strong ETF Right Now?

Smart Beta ETF report for RDVY

Nucor (NUE) Projects Lower Q2 Earnings Amid Weaker Steel Prices

Nucor (NUE) expects second-quarter earnings to decline sequentially and has returned over $1.76 billion to stockholders so far in 2024.

Nucor (NUE) Stock Sinks As Market Gains: What You Should Know

Nucor (NUE) concluded the recent trading session at $155.43, signifying a -1.2% move from its prior day's close.

Nucor (NUE) Expands Portfolio With $565M Acquisition of Rytec

Nucor (NUE) is acquiring Rytec Corporation for $565 million to expand its product portfolio and leverage cross-selling opportunities in the commercial doors market.

Nucor (NUE) Stock Falls Amid Market Uptick: What Investors Need to Know

Nucor (NUE) reachead $166.81 at the closing of the latest trading day, reflecting a -1.21% change compared to its last close.

Nucor (NUE) Stock Dips While Market Gains: Key Facts

Nucor (NUE) reachead $168.39 at the closing of the latest trading day, reflecting a -1.68% change compared to its last close.

Why Is Nucor (NUE) Down 1.4% Since Last Earnings Report?

Nucor (NUE) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

Should Vanguard Mid-Cap Value ETF (VOE) Be on Your Investing Radar?

Style Box ETF report for VOE

Is First Trust Materials AlphaDEX ETF (FXZ) a Strong ETF Right Now?

Smart Beta ETF report for FXZ

Here is What to Know Beyond Why Nucor Corporation (NUE) is a Trending Stock

Zacks.com users have recently been watching Nucor (NUE) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.

Is First Trust Rising Dividend Achievers ETF (RDVY) a Strong ETF Right Now?

Smart Beta ETF report for RDVY

Nucor's (NUE) Earnings Lag, Revenues Beat Estimates in Q1

Earnings in Nucor's (NUE) steel mills unit increase sequentially in Q1 on higher average selling prices and increased volumes.

Nucor (NUE) Reports Q1 Earnings: What Key Metrics Have to Say

While the top- and bottom-line numbers for Nucor (NUE) give a sense of how the business performed in the quarter ended March 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Nucor (NUE) Misses Q1 Earnings Estimates

Nucor (NUE) delivered earnings and revenue surprises of -4.42% and 1.33%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?

What's in Store for Southern Copper (SCCO) in Q1 Earnings?

Southern Copper's (SCCO) first-quarter 2024 results are likely to reflect the impacts of lower metal prices and higher operating costs.

Vale Gears Up to Report Q1 Earnings: What's in the Offing?

Vale's (VALE) first-quarter results are likely to reflect higher sales volumes for iron ore and copper. However, decreased sales volumes for nickel, lower prices and higher costs are likely to have offset its performance.

Sweta Killa headshot

Will Materials ETFs Gain Further as Q1 Earnings Unfold?

Going into the Q1 earnings season, earnings releases from the sector giants will determine the movement of these funds.

Freeport (FCX) to Report Q1 Earnings: What's in the Offing?

Freeport (FCX) is expected to have gained from its efforts to increase mining rates, the strength in copper prices and lower costs in Q1.