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OTCMKTS:NPSCY

Nippon Steel (NPSCY) Stock Price, News & Analysis

$7.00
-0.17 (-2.37%)
(As of 07/26/2024 ET)
Today's Range
$6.80
$7.05
50-Day Range
$6.98
$7.49
52-Week Range
$6.78
$8.79
Volume
31,420 shs
Average Volume
42,288 shs
Market Capitalization
$20.19 billion
P/E Ratio
5.60
Dividend Yield
3.43%
Price Target
N/A
NPSCY stock logo

About Nippon Steel Stock (OTCMKTS:NPSCY)

Nippon Steel Corporation engages in steelmaking and steel fabrication, engineering and construction, chemicals and materials, and system solutions businesses in Japan and internationally. The company offers steel plates, sheets, and slags; bar and rod materials; structural steel; pipes and tubes; titanium and stainless products; and railway, automotive, and machinery parts for applications in automotive, energy, infrastructure, and consumer electronics markets. It is also involved in construction; waste processing and recycling; supplying electricity, gas, and heat; and the provision of coal-based chemical products, petrochemicals, electronic materials, materials and components for semiconductors and electronic parts, carbon fiber, and composite products. In addition, the company offers computer systems engineering and consulting, IT-enabled outsourcing, and other services. The company was formerly known as Nippon Steel & Sumitomo Metal Corporation and changed its name to Nippon Steel Corporation in April 2019. The company was incorporated in 1950 and is headquartered in Tokyo, Japan.

NPSCY Stock Price History

NPSCY Stock News Headlines

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Company Calendar

Last Earnings
5/09/2024
Today
7/26/2024
Fiscal Year End
3/31/2025

Industry, Sector and Symbol

Industry
Steel works, blast furnaces, & rolling & finishing mills
Sub-Industry
N/A
Current Symbol
OTCMKTS:NPSCY
Fax
N/A
Employees
106,068
Year Founded
N/A

Profitability

Net Income
$3.79 billion
Pretax Margin
8.61%

Debt

Sales & Book Value

Annual Sales
$61.43 billion
Cash Flow
$2.26 per share
Book Value
$12.96 per share

Miscellaneous

Outstanding Shares
2,886,030,000
Free Float
N/A
Market Cap
$20.69 billion
Optionable
Not Optionable
Beta
0.93
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Key Executives

  • Mr. Eiji Hashimoto (Age 69)
    Chairman & CEO
  • Mr. Tadashi Imai (Age 61)
    President, COO & Representative Director
  • Mr. Hiroyuki Minato
    Managing Executive Officer
  • Kazuhisa Fukuda
    EVP, Managing Exec. Officer, Head of R&D and Head of Hirohata Works & Rep. Director
  • Mr. Takahiro Mori (Age 67)
    EVP, Head of Global Business Development, Project Leader of India Project & Director
  • Mr. Naoki Sato (Age 63)
    EVP, Project Leader of Next-Generation Hot Strip Mill Project & Ironmaking Ops Project and Director
  • Makoto Tanaka (Age 65)
    GM, Head of Steel Making Technology Division & Executive Counsellor
  • Hidetake Ishihara
    Vice Head of Global Business Development
  • Mr. Takashi Hirose (Age 62)
    Executive VP, Development Project Lead of NGHSMP & Representative Director
  • Hidenori Kinugasa
    Managing Executive Officer

Should I Buy Nippon Steel Stock? NPSCY Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Nippon Steel Co.:

  • Nippon Steel Co. has a market capitalization of $20.84 billion, indicating a strong financial standing in the industry.
  • The company reported a return on equity of 10.62%, showcasing efficient utilization of shareholder funds.
  • Nippon Steel Co. offers a diverse range of steel products for various industries, providing revenue stability and growth potential.
  • The stock price of Nippon Steel Co. has shown resilience, with a 0.4% increase in share price recently, indicating investor confidence.
  • The company engages in multiple business segments beyond steelmaking, diversifying its revenue streams and reducing dependency on a single market.

Cons

Investors should be bearish about investing in Nippon Steel Co. for these reasons:

  • The company's stock has a beta of 0.93, indicating moderate volatility compared to the market, which may not suit risk-averse investors.
  • Nippon Steel Co. has experienced a decline in average daily trading volume, potentially signaling reduced market interest or liquidity challenges.
  • The company's 50-day simple moving average of $7.21 is below the 200-day simple moving average of $7.69, suggesting a short-term bearish trend.
  • With a debt-to-equity ratio of 0.41, Nippon Steel Co. carries a moderate level of debt, which could impact financial flexibility and future growth initiatives.
  • The steel industry is subject to global economic fluctuations and trade uncertainties, posing risks to Nippon Steel Co.'s revenue and profitability.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Sunday, July 7, 2024. Please send any questions or comments about these Nippon Steel pros and cons to contact@marketbeat.com.

NPSCY Stock Analysis - Frequently Asked Questions

How have NPSCY shares performed this year?

Nippon Steel's stock was trading at $7.6250 at the start of the year. Since then, NPSCY stock has decreased by 8.2% and is now trading at $6.9960.
View the best growth stocks for 2024 here
.

How were Nippon Steel's earnings last quarter?

Nippon Steel Co. (OTCMKTS:NPSCY) released its quarterly earnings data on Thursday, May, 9th. The company reported $0.23 earnings per share for the quarter. The business earned $15 billion during the quarter. Nippon Steel had a trailing twelve-month return on equity of 10.62% and a net margin of 6.23%.

When did Nippon Steel's stock split?

Shares of Nippon Steel split on Wednesday, December 28th 2022. The 3-1 split was announced on Wednesday, December 28th 2022. The newly issued shares were issued to shareholders after the closing bell on Wednesday, December 28th 2022. An investor that had 100 shares of stock prior to the split would have 300 shares after the split.

How do I buy shares of Nippon Steel?

Shares of NPSCY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (OTCMKTS:NPSCY) was last updated on 7/26/2024 by MarketBeat.com Staff

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