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Nucor (NUE) Competitors

$146.31
-2.69 (-1.81%)
(As of 05:39 PM ET)

NUE vs. STLD, RS, X, ATI, CRS, CMC, CLF, WOR, HAYN, and RDUS

Should you be buying Nucor stock or one of its competitors? The main competitors of Nucor include Steel Dynamics (STLD), Reliance (RS), United States Steel (X), ATI (ATI), Carpenter Technology (CRS), Commercial Metals (CMC), Cleveland-Cliffs (CLF), Worthington Enterprises (WOR), Haynes International (HAYN), and Radius Recycling (RDUS). These companies are all part of the "steel" industry.

Nucor vs.

Nucor (NYSE:NUE) and Steel Dynamics (NASDAQ:STLD) are both large-cap basic materials companies, but which is the better business? We will contrast the two businesses based on the strength of their risk, media sentiment, institutional ownership, valuation, dividends, analyst recommendations, earnings, profitability and community ranking.

Nucor currently has a consensus price target of $192.00, indicating a potential upside of 31.17%. Steel Dynamics has a consensus price target of $141.29, indicating a potential upside of 19.21%. Given Nucor's stronger consensus rating and higher possible upside, equities analysts plainly believe Nucor is more favorable than Steel Dynamics.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Nucor
0 Sell rating(s)
2 Hold rating(s)
5 Buy rating(s)
1 Strong Buy rating(s)
2.88
Steel Dynamics
0 Sell rating(s)
5 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.29

Nucor has higher revenue and earnings than Steel Dynamics. Steel Dynamics is trading at a lower price-to-earnings ratio than Nucor, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Nucor$32.69B1.07$4.52B$17.008.59
Steel Dynamics$18.80B0.97$2.45B$14.568.15

Steel Dynamics has a net margin of 11.10% compared to Nucor's net margin of 10.45%. Steel Dynamics' return on equity of 22.89% beat Nucor's return on equity.

Company Net Margins Return on Equity Return on Assets
Nucor10.45% 15.69% 9.92%
Steel Dynamics 11.10%22.89%13.44%

76.5% of Nucor shares are owned by institutional investors. Comparatively, 82.4% of Steel Dynamics shares are owned by institutional investors. 0.5% of Nucor shares are owned by company insiders. Comparatively, 6.0% of Steel Dynamics shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.

Steel Dynamics received 152 more outperform votes than Nucor when rated by MarketBeat users. Likewise, 67.94% of users gave Steel Dynamics an outperform vote while only 64.31% of users gave Nucor an outperform vote.

CompanyUnderperformOutperform
NucorOutperform Votes
683
64.31%
Underperform Votes
379
35.69%
Steel DynamicsOutperform Votes
835
67.94%
Underperform Votes
394
32.06%

Nucor pays an annual dividend of $2.16 per share and has a dividend yield of 1.5%. Steel Dynamics pays an annual dividend of $1.84 per share and has a dividend yield of 1.6%. Nucor pays out 12.7% of its earnings in the form of a dividend. Steel Dynamics pays out 12.6% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Nucor has raised its dividend for 51 consecutive years and Steel Dynamics has raised its dividend for 12 consecutive years. Steel Dynamics is clearly the better dividend stock, given its higher yield and lower payout ratio.

In the previous week, Nucor had 8 more articles in the media than Steel Dynamics. MarketBeat recorded 40 mentions for Nucor and 32 mentions for Steel Dynamics. Steel Dynamics' average media sentiment score of 0.53 beat Nucor's score of 0.28 indicating that Steel Dynamics is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Nucor
11 Very Positive mention(s)
3 Positive mention(s)
8 Neutral mention(s)
5 Negative mention(s)
0 Very Negative mention(s)
Neutral
Steel Dynamics
10 Very Positive mention(s)
13 Positive mention(s)
0 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive

Nucor has a beta of 1.55, suggesting that its share price is 55% more volatile than the S&P 500. Comparatively, Steel Dynamics has a beta of 1.32, suggesting that its share price is 32% more volatile than the S&P 500.

Summary

Nucor beats Steel Dynamics on 12 of the 22 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding NUE and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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NUE vs. The Competition

MetricNucorBlast furnaces & steel mills IndustryMaterials SectorNYSE Exchange
Market Cap$35.00B$12.18B$2.87B$19.34B
Dividend Yield1.54%3.98%5.27%3.52%
P/E Ratio8.5915.23125.3126.85
Price / Sales1.070.82455,075.5516.49
Price / Cash5.955.1123.0419.96
Price / Book1.621.093.355.14
Net Income$4.52B$1.54B$149.30M$984.25M
7 Day Performance1.67%3.51%0.91%4.19%
1 Month Performance1.80%1.90%1.81%6.52%
1 Year Performance-6.04%7.65%21.60%21.31%

Nucor Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
STLD
Steel Dynamics
4.6807 of 5 stars
4.68 / 5 stars
$114.49
+3.1%
$142.29
+24.3%
+20.9%$17.99B$18.15B7.8612,600Analyst Forecast
Analyst Revision
News Coverage
Gap Down
RS
Reliance
3.9481 of 5 stars
3.95 / 5 stars
$280.88
+0.6%
$329.40
+17.3%
+6.5%$16.13B$14.25B13.1215,000Gap Up
X
United States Steel
4.1646 of 5 stars
4.16 / 5 stars
$36.21
-0.4%
$39.76
+9.8%
+20.2%$8.18B$18.05B10.6221,803Gap Up
ATI
ATI
4.3263 of 5 stars
4.33 / 5 stars
$61.83
+0.4%
$74.00
+19.7%
+48.6%$7.70B$4.17B24.837,300Insider Selling
CRS
Carpenter Technology
4.4226 of 5 stars
4.42 / 5 stars
$143.40
+1.4%
$139.60
-2.6%
+127.5%$7.11B$2.76B54.524,600Short Interest ↓
News Coverage
Positive News
CMC
Commercial Metals
4.7693 of 5 stars
4.77 / 5 stars
$51.47
+0.1%
$61.40
+19.3%
+5.6%$5.92B$8.14B10.7213,022Analyst Upgrade
News Coverage
Positive News
Gap Up
CLF
Cleveland-Cliffs
4.8127 of 5 stars
4.81 / 5 stars
$11.81
+0.5%
$17.75
+50.3%
-16.0%$5.62B$21.01B15.9626,000Analyst Forecast
Short Interest ↓
WOR
Worthington Enterprises
2.3021 of 5 stars
2.30 / 5 stars
$45.70
+1.2%
$50.33
+10.1%
-32.2%$2.26B$1.25B20.683,800Upcoming Earnings
News Coverage
HAYN
Haynes International
3.0056 of 5 stars
3.01 / 5 stars
$58.59
-0.1%
N/A+24.4%$748.96M$614.33M19.791,284Analyst Forecast
RDUS
Radius Recycling
2.165 of 5 stars
2.17 / 5 stars
$17.09
+4.1%
N/A-36.4%$479.19M$223.36M-1.763,353Gap Up

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This page (NYSE:NUE) was last updated on 9/20/2024 by MarketBeat.com Staff
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