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Nucor Corporation, a leading American steel producer, serves various sectors including automotive, construction, and mechanical engineering. Its sales are primarily from hot- and cold-rolled steels (57.9%), steel products (36.8%), and metal processing (5.4%). The company is also expanding into trading iron alloys and non-ferrous metals.
Nucor Corporation, a leading American steel producer, has received an upgrade from UBS, highlighting a pullback in stock as an attractive entry point for investors. The company generates net sales primarily from hot and cold rolled steel production, manufacturing steel products, and processing metal scrap, serving various sectors including automotive and construction.
UBS has upgraded Nucor Corporation's stock rating from Neutral to Buy, raising the price target to $160, citing strong financial health and aggressive share buybacks. Despite projecting lower earnings for Q1 2025, Nucor's medium-term growth prospects remain positive, bolstered by recent tariff announcements and a solid dividend history. The company continues to navigate leadership changes while maintaining investor confidence amid fluctuating steel prices.
UBS has upgraded Nucor Corporation to a "Buy" rating with a price target of $160. Nucor is a leading American steel producer, with net sales primarily from hot and cold rolled steels (66.2%), steel products manufacturing (26.7%), and processing of steel and metal scrap (7.2%). The company serves various sectors, including automotive, construction, and household appliances.
Goldman Sachs has revised its price target for Nucor Corporation to $175 from $177 while maintaining a Buy rating. Nucor, a leading American steel producer, generates net sales primarily from hot and cold rolled steels, steel products manufacturing, and processing of steel and metal scrap.
UBS has reaffirmed a Neutral rating for Nucor Corporation, setting a price target of $156, based on an 8.0x EV/EBITDA multiple of future estimates. Nucor anticipates flat or lower Q1 2025 earnings per share, with a projected EBT of $443 million, despite higher corporate costs and lower earnings in its Raw Materials segment. The company reported Q4 earnings of $1.22 per share, exceeding expectations, while maintaining a commitment to return $2.74 billion to shareholders through buybacks and dividends in 2024.
Nucor Corporation, a leading American steel producer, faces pressure on product margins due to a downturn in the sheet steel market. The company’s sales are primarily derived from hot- and cold-rolled steels (57.9%), steel products (36.8%), and steel treatment and processing (5.4%), while also expanding into trading iron alloys and non-ferrous metals.
Nucor Corporation stands as a prominent player in the American steel industry, with its products serving sectors such as automotive, construction, and mechanical engineering. The company’s sales are primarily derived from hot- and cold-rolled steel production (57.9%), steel product manufacturing (36.8%), and steel processing (5.4%). Additionally, Nucor is expanding its trading operations in iron alloys and non-ferrous metals.
Nucor Corporation stands as a prominent American steel producer, catering to various industries including automotive, construction, and mechanical engineering. The company's net sales are primarily derived from hot-rolled and cold-rolled steel production (66.2%), followed by steel products manufacturing (26.7%) and steel processing (7.2%). Additionally, Nucor engages in the trading of ferroalloys and non-ferrous metals.
Nucor's executive vice president now owns 98,770 shares valued at approximately $14.5 million, reflecting an 8.35% decrease in ownership. Over the past ninety days, insiders sold 29,680 shares worth $4.77 million, while institutional investors hold 76.48% of the company. UBS Group reaffirmed a "neutral" rating with a target price of $156, down from $171, amid mixed analyst ratings.
Nucor Corporation
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nucor shares present attractive buying opportunity following recent upgrade by ubs
20:48 24.03.2025
nucor stock pullback presents attractive investment opportunity according to ubS
20:48 24.03.2025
ubs upgrades nucor to buy raises price target to 160 dollars
15:05 24.03.2025
ubs upgrades nucor to buy with price target of 160 dollars
12:24 24.03.2025
goldman sachs lowers price target on nucor while maintaining buy rating
16:04 21.03.2025
ubs maintains neutral rating and price target for nucor corporation stock
17:44 28.01.2025
Nucor Faces Margin Pressure Amid Weakness in Sheet Steel Market
18:06 12.12.2024
Nucor Corporation Expands Steel Production and Trading Operations Amid Market Changes
17:03 12.12.2024
Nucor Corporation Dominates American Steel Production Across Multiple Industries
17:03 12.12.2024
nucor executives reduce stock holdings as institutional investors increase stakes
14:29 12.12.2024
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