Recent important negative changes in fundamentals have impacted Nucor Corp (NYSE: NUE): significant quarterly sales deceleration occurred, significant quarterly earnings deceleration occurred, and the consensus estimate for December, 2025 decreased significantly.
Nucor Corp (NYSE: NUE) suffers from notable negative changes in investment behavior: the stock fell on very heavy volume.
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
NUE is expected to continue to be an important Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Nucor has a current Value Trend Rating of C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Nucor has a very high Appreciation Score of 88 but a very low Power Rating of 11, with the Neutral Value Trend Rating the result.
Recent Price Action
Nucor Corp (NYSE: NUE) stock closed at $146.31 on 9/20/24 after a modest decline of -1.8%. Moreover, exceptionally high trading volume at 261% of normal accompanied the decline. The stock has been weak relative to the market over the last nine months but has risen 4.1% during the last week.
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