Nucor (NUE) Competitors

$191.74
+0.38 (+0.20%)
(As of 04/22/2024 ET)

NUE vs. STLD, MT, NEM, APD, DOW, VALE, MLM, VMC, LYB, and PPG

Should you be buying Nucor stock or one of its competitors? The main competitors of Nucor include Steel Dynamics (STLD), ArcelorMittal (MT), Newmont (NEM), Air Products and Chemicals (APD), DOW (DOW), Vale (VALE), Martin Marietta Materials (MLM), Vulcan Materials (VMC), LyondellBasell Industries (LYB), and PPG Industries (PPG). These companies are all part of the "basic materials" sector.

Nucor vs.

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

76.5% of Nucor shares are held by institutional investors. Comparatively, 82.4% of Steel Dynamics shares are held by institutional investors. 0.6% of Nucor shares are held by insiders. Comparatively, 6.1% of Steel Dynamics shares are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.

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$34.71B1.32$4.52B$17.9910.64
Steel Dynamics$18.80B1.15$2.45B$14.599.38

In the previous week, Nucor had 11 more articles in the media than Steel Dynamics. MarketBeat recorded 24 mentions for Nucor and 13 mentions for Steel Dynamics. Nucor's average media sentiment score of 0.86 beat Steel Dynamics' score of 0.75 indicating that Nucor is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Nucor
8 Very Positive mention(s)
3 Positive mention(s)
6 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Steel Dynamics
9 Very Positive mention(s)
2 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Steel Dynamics received 156 more outperform votes than Nucor when rated by MarketBeat users. Likewise, 68.36% of users gave Steel Dynamics an outperform vote while only 64.63% of users gave Nucor an outperform vote.

CompanyUnderperformOutperform
NucorOutperform Votes
678
64.63%
Underperform Votes
371
35.37%
Steel DynamicsOutperform Votes
834
68.36%
Underperform Votes
386
31.64%

Nucor pays an annual dividend of $2.16 per share and has a dividend yield of 1.1%. Steel Dynamics pays an annual dividend of $1.84 per share and has a dividend yield of 1.3%. Nucor pays out 12.0% 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 a beta of 1.61, suggesting that its stock price is 61% more volatile than the S&P 500. Comparatively, Steel Dynamics has a beta of 1.42, suggesting that its stock price is 42% more volatile than the S&P 500.

Nucor currently has a consensus price target of $192.83, suggesting a potential upside of 0.77%. Steel Dynamics has a consensus price target of $121.17, suggesting a potential downside of 11.49%. Given Nucor's stronger consensus rating and higher probable upside, equities analysts clearly 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)
3 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.50
Steel Dynamics
1 Sell rating(s)
4 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.00

Steel Dynamics has a net margin of 13.04% compared to Nucor's net margin of 13.03%. Steel Dynamics' return on equity of 29.49% beat Nucor's return on equity.

Company Net Margins Return on Equity Return on Assets
Nucor13.03% 21.42% 13.38%
Steel Dynamics 13.04%29.49%17.09%

Summary

Nucor beats Steel Dynamics on 12 of the 20 factors compared between the two stocks.

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$45.92B$11.87B$2.59B$17.22B
Dividend Yield1.13%2.63%5.34%3.58%
P/E Ratio10.6414.88120.5620.75
Price / Sales1.320.82808,883.039.81
Price / Cash8.265.7723.2017.29
Price / Book2.131.113.024.69
Net Income$4.52B$1.63B$168.57M$960.08M
7 Day Performance-1.36%-1.10%1.17%0.97%
1 Month Performance-1.56%-3.06%8.67%-2.08%
1 Year Performance24.71%16.40%9.38%12.59%

Nucor Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
STLD
Steel Dynamics
3.5891 of 5 stars
$139.77
-0.9%
$120.29
-13.9%
+24.4%$22.08B$18.80B9.5812,600Upcoming Earnings
Positive News
MT
ArcelorMittal
3.7102 of 5 stars
$25.19
-6.5%
$31.00
+23.1%
-10.8%$20.29B$68.28B25.19126,756Dividend Announcement
High Trading Volume
NEM
Newmont
4.7462 of 5 stars
$38.12
-0.8%
$51.99
+36.4%
-18.1%$43.94B$11.81B-16.0121,700Upcoming Earnings
Analyst Revision
Gap Down
APD
Air Products and Chemicals
4.7593 of 5 stars
$227.76
-1.5%
$276.36
+21.3%
-20.3%$50.63B$12.60B21.7323,000Analyst Upgrade
Analyst Revision
DOW
DOW
4.1392 of 5 stars
$56.85
-0.8%
$57.58
+1.3%
+3.3%$39.93B$44.62B69.3335,900Upcoming Earnings
VALE
Vale
4.0091 of 5 stars
$11.67
-2.8%
$16.52
+41.6%
-14.6%$52.30B$41.78B6.3764,516Upcoming Earnings
MLM
Martin Marietta Materials
4.1797 of 5 stars
$594.59
-0.8%
$588.69
-1.0%
+62.4%$36.76B$6.78B31.589,400Positive News
VMC
Vulcan Materials
4.1185 of 5 stars
$258.57
-0.7%
$268.85
+4.0%
+47.3%$34.20B$7.78B37.0410,961
LYB
LyondellBasell Industries
3.7813 of 5 stars
$99.15
-1.3%
$103.82
+4.7%
+7.4%$32.27B$41.11B15.3220,000Upcoming Earnings
PPG
PPG Industries
4.6091 of 5 stars
$133.52
-1.1%
$158.40
+18.6%
-7.8%$31.43B$18.25B25.0053,000Earnings Report
Dividend Announcement
Analyst Report
News Coverage

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This page (NYSE:NUE) was last updated on 4/22/2024 by MarketBeat.com Staff

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