Nucor Corporation (NYSE: NUE) is one of 28 publicly-traded companies in the “Steel” industry, but how does it contrast to its rivals? We will compare Nucor Corporation to similar businesses based on the strength of its risk, profitability, valuation, earnings, institutional ownership, analyst recommendations and dividends.
Earnings & Valuation
This table compares Nucor Corporation and its rivals revenue, earnings per share and valuation.
|Gross Revenue||EBITDA||Price/Earnings Ratio|
|Nucor Corporation||$18.24 billion||$2.67 billion||16.28|
|Nucor Corporation Competitors||$7.78 billion||$1.01 billion||35.33|
Nucor Corporation has higher revenue and earnings than its rivals. Nucor Corporation is trading at a lower price-to-earnings ratio than its rivals, indicating that it is currently more affordable than other companies in its industry.
Nucor Corporation pays an annual dividend of $1.51 per share and has a dividend yield of 2.7%. Nucor Corporation pays out 43.8% of its earnings in the form of a dividend. As a group, “Steel” companies pay a dividend yield of 2.1% and pay out 60.2% of their earnings in the form of a dividend. Nucor Corporation has raised its dividend for 43 consecutive years. Nucor Corporation is clearly a better dividend stock than its rivals, given its higher yield and lower payout ratio.
Institutional and Insider Ownership
74.9% of Nucor Corporation shares are owned by institutional investors. Comparatively, 52.1% of shares of all “Steel” companies are owned by institutional investors. 0.7% of Nucor Corporation shares are owned by company insiders. Comparatively, 12.1% of shares of all “Steel” companies are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.
This table compares Nucor Corporation and its rivals’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|Nucor Corporation Competitors||-1,550.91%||3.59%||2.20%|
This is a breakdown of recent ratings and price targets for Nucor Corporation and its rivals, as provided by MarketBeat.com.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Nucor Corporation Competitors||289||834||944||29||2.34|
Nucor Corporation currently has a consensus target price of $67.24, indicating a potential upside of 19.74%. As a group, “Steel” companies have a potential upside of 3.51%. Given Nucor Corporation’s stronger consensus rating and higher possible upside, equities analysts plainly believe Nucor Corporation is more favorable than its rivals.
Volatility & Risk
Nucor Corporation has a beta of 1.54, suggesting that its stock price is 54% more volatile than the S&P 500. Comparatively, Nucor Corporation’s rivals have a beta of 1.37, suggesting that their average stock price is 37% more volatile than the S&P 500.
Nucor Corporation beats its rivals on 12 of the 15 factors compared.
Nucor Corporation Company Profile
Nucor Corporation (Nucor) manufactures steel and steel products. The Company produces direct reduced iron (DRI) for use in its steel mills. It operates in three segments: steel mills, steel products and raw materials. The steel mills segment produces and distributes sheet steel (hot-rolled, cold-rolled and galvanized), plate steel, structural steel (wide-flange beams, beam blanks, H-piling and sheet piling) and bar steel (blooms, billets, concrete reinforcing bar, merchant bar, wire rod and special bar quality). The steel products segment produces steel joists and joist girders, steel deck, fabricated concrete reinforcing steel and cold finished steel. The raw materials produces DRI; brokers ferrous and nonferrous metals, pig iron, HBI and DRI; supplies ferro-alloys, and processes ferrous and nonferrous scrap metal. It also processes ferrous and nonferrous metals and brokers ferrous and nonferrous metals, pig iron, hot briquetted iron (HBI) and DRI.
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