Extremely important negative changes in investment behavior have recently occurred for Steel Dynamics Inc (NASDAQ: STLD): its longer term price trend turned down, and its shorter term price trend turned down.
Steel Dynamics Inc (NASDAQ: STLD). Meaningful negative changes in fundamentals have recently occurred: significant quarterly sales deceleration occurred, and significant quarterly earnings deceleration occurred.
In light of these highly negative signals we are reviewing our current Overall Rating of C. We would view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
Steel Dynamics has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Steel Dynamics has a slightly positive Appreciation Score of 62 and a neutral Power Rating of 45, producing the Neutral Value Trend Rating.
Recent Price Action
On 4/3/25, Steel Dynamics Inc (NASDAQ: STLD) stock suffered a large decline of -8.9%, closing at $116.06. This decline was accompanied by normal trading volume. The stock has performed in line with the market over the last nine months and has declined -9.6% during the last week.
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