Nucor Corp (NYSE: NUE) has recently experienced extremely important negative changes in fundamentals: significant quarterly sales deceleration occurred, significant quarterly earnings deceleration occurred, the consensus estimate for December, 2025 decreased significantly, and the consensus estimate for December, 2024 decreased significantly.
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 (Low Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Nucor has a very high Appreciation Score of 86 but a very low Power Rating of 9, leading to the Low Neutral Value Trend Rating.
Recent Price Action
Nucor Corp (NYSE: NUE) stock rose modestly by 0.7% on 10/11/24. The stock closed at $151.91. Trading volume in this advance was normal. The stock has been weak relative to the market over the last nine months but is unchanged during the last week.
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