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Nucor (NUE)

(Real Time Quote from BATS)

$141.29 USD

141.29
880,335

-3.85 (-2.65%)

Updated Aug 12, 2024 03:04 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 Buy24.03%
2Buy17.70%
3Hold9.37%
4Sell5.03%
5Strong Sell2.48%
S&P50011.19%

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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.

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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%.

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

Bottom 7% (232 out of 250)

Industry: Steel - Producers

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Zacks News

Anindya Barman headshot

Do Downbeat Views Point to a Tough Q3 for US Steel Stocks?

by Anindya Barman

Disappointing guidance from some of the major U.S. steel makers has raised worries about a possible weak Q3 earnings season for the U.S. steel industry.

Nucor Provides Downbeat Q3 Earnings View on Lower Prices

by Zacks Equity Research

Nucor (NUE) expects performance of the steel mills unit to sequentially decline in Q3 mainly due to lower prices for sheet and plate steel.

Is Nucor (NUE) a Suitable Stock for Value Investors Now?

by Zacks Equity Research

Let's see if Nucor (NUE) stock is a good choice for value-oriented investors right now from multiple angles.

Anindya Barman headshot

Near-Term Outlook Appears Bleak for Steel Producers' Stocks

by Anindya Barman

The steel producers industry is hamstrung by trade war, overcapacity and a slowdown in steel demand in China.

Anindya Barman headshot

Global Steel Output Growth Eases as China Production Cools

by Anindya Barman

Chinese steel production growth eased in July as a result of output cuts by steel mills in the country to curb pollution.

Anindya Barman headshot

U.S. Steel Imports Shoot Up in July, Down YTD on Tariffs

by Anindya Barman

Despite the spike in July, U.S. steel imports dropped roughly 11% year to date under the weight of Section 232 tariffs.

Why Is Nucor (NUE) Down 10.8% Since Last Earnings Report?

by Zacks Equity Research

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

Nilanjan Gupta headshot

Nucor (NUE) Surpasses Q2 Earnings, Lags Revenue Estimates

by Nilanjan Gupta

Nucor's (NUE) profitability in the steel mills unit fell sequentially in Q2 due to the impact of service center destocking on order rates.

Nucor (NUE) Tops Q2 Earnings Estimates

by Zacks Equity Research

Nucor (NUE) delivered earnings and revenue surprises of 0.80% and -3.47%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?

Nucor (NUE) to Report Q2 Earnings: What's in the Cards?

by Zacks Equity Research

Our proven model does not show that Nucor (NUE) is likely to beat the Zacks Consensus Estimate this quarter.

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

by Zacks Equity Research

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

U.S. Raw Steel Output Ticks Down, Capacity Remains Below 80%

by Anindya Barman

Capacity utilization, a key metric in the steel industry, remained below the important 80% level for the second straight week.

Anindya Barman headshot

US Steel Imports Down on Tariffs, Market Share Falls in May

by Anindya Barman

U.S. steel imports dropped roughly 12% year to date under the weight of steep tariffs which the Trump administration imposed a year ago.

Anindya Barman headshot

Record China Output Drives Steel Production: What's Ahead?

by Anindya Barman

China's steel output shot up to a new record high of 89.1 Mt in May, highlighting continued demand for steel consumption in the country.

Anindya Barman headshot

Is a Tough Q2 Earnings Season in Store for U.S. Steel Stocks?

by Anindya Barman

Lower steel prices and waning demand may hurt profitability of U.S. steel makers in Q2.

Nucor (NUE) Issues Downbeat Q2 Earnings View, Shares Slip

by Zacks Equity Research

Nucor (NUE) expects performance in the steel mills unit to decline sequentially in Q2 due to service center destocking.

Anindya Barman headshot

U.S. Raw Steel Output Up Y/Y as Capacity Remains Above 80%

by Anindya Barman

U.S. steel mills operate at 81.2% of their capacity for the week ending Jun 1.

Stock Market News For May 23, 2019

by Zacks Equity Research

Wall Street closed in negative territory as the trade conflict between the United States and China worsened.

Why Is Nucor (NUE) Down 9.3% Since Last Earnings Report?

by Zacks Equity Research

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

Nucor to Make Capital Investment at South Carolina Bar Mill

by Zacks Equity Research

Nucor's (NUE) strategic investment is complementary to current bar mills that mainly produce engineered bar products.

Anindya Barman headshot

Steel Producers Industry Outlook: China Dampens Prospects

by Anindya Barman

The steel producers industry is roiled by trade tensions and a slowdown in steel demand in China.

    Nucor (NUE) Beats Earnings and Revenue Estimates in Q1

    by Zacks Equity Research

    Profitability in Nucor's (NUE) steel mills unit decline sequentially in Q1, owing to lower average selling prices and margins for sheet products.

    Nucor (NUE) Surpasses Earnings & Revenue Estimates in Q1

    by Zacks Equity Research

    Nucor's (NUE) adjusted earnings for Q1 came in at $1.55 per share, which topped the Zacks Consensus Estimate of $1.50.

    Anindya Barman headshot

    Are U.S. Steel Producers Bracing for a Disappointing Q1?

    by Anindya Barman

    Lower domestic steel prices will likely weigh on the bottom lines of U.S. steel stocks in Q1.

      Nucor (NUE) to Report Q1 Earnings: What's in the Offing?

      by Zacks Equity Research

      Lower sheet prices will likely hurt Nucor's (NUE) results in the first quarter.