CLF vs. STLD, RS, X, ATI, CMC, CRS, WOR, HAYN, ZEUS, and RDUS
Should you be buying Cleveland-Cliffs stock or one of its competitors? The main competitors of Cleveland-Cliffs include Steel Dynamics (STLD), Reliance (RS), United States Steel (X), ATI (ATI), Commercial Metals (CMC), Carpenter Technology (CRS), Worthington Enterprises (WOR), Haynes International (HAYN), Olympic Steel (ZEUS), and Radius Recycling (RDUS). These companies are all part of the "steel" industry.
Cleveland-Cliffs (NYSE:CLF) and Steel Dynamics (NASDAQ:STLD) are both basic materials companies, but which is the better business? We will compare the two businesses based on the strength of their earnings, institutional ownership, community ranking, dividends, risk, profitability, analyst recommendations, valuation and media sentiment.
Steel Dynamics received 125 more outperform votes than Cleveland-Cliffs when rated by MarketBeat users. Likewise, 68.14% of users gave Steel Dynamics an outperform vote while only 53.27% of users gave Cleveland-Cliffs an outperform vote.
Steel Dynamics has a net margin of 11.10% compared to Cleveland-Cliffs' net margin of 0.21%. Steel Dynamics' return on equity of 22.89% beat Cleveland-Cliffs' return on equity.
Cleveland-Cliffs currently has a consensus price target of $19.44, indicating a potential upside of 25.65%. Steel Dynamics has a consensus price target of $133.86, indicating a potential upside of 2.54%. Given Cleveland-Cliffs' higher possible upside, analysts clearly believe Cleveland-Cliffs is more favorable than Steel Dynamics.
In the previous week, Cleveland-Cliffs had 13 more articles in the media than Steel Dynamics. MarketBeat recorded 27 mentions for Cleveland-Cliffs and 14 mentions for Steel Dynamics. Steel Dynamics' average media sentiment score of 1.06 beat Cleveland-Cliffs' score of 0.55 indicating that Steel Dynamics is being referred to more favorably in the news media.
67.7% of Cleveland-Cliffs shares are owned by institutional investors. Comparatively, 82.4% of Steel Dynamics shares are owned by institutional investors. 1.8% of Cleveland-Cliffs 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, endowments and large money managers believe a stock is poised for long-term growth.
Steel Dynamics has lower revenue, but higher earnings than Cleveland-Cliffs. Steel Dynamics is trading at a lower price-to-earnings ratio than Cleveland-Cliffs, indicating that it is currently the more affordable of the two stocks.
Cleveland-Cliffs has a beta of 2.03, suggesting that its share price is 103% more volatile than the S&P 500. Comparatively, Steel Dynamics has a beta of 1.35, suggesting that its share price is 35% more volatile than the S&P 500.
Summary
Steel Dynamics beats Cleveland-Cliffs on 11 of the 17 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding CLF and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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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