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S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
OTCMKTS:NPSCY

Nippon Steel (NPSCY) Stock Price, News & Analysis

$7.50
+0.06 (+0.81%)
(As of 04/19/2024 ET)
Today's Range
$7.40
$7.65
50-Day Range
$7.42
$8.60
52-Week Range
$6.45
$8.79
Volume
24,443 shs
Average Volume
36,831 shs
Market Capitalization
$20.74 billion
P/E Ratio
5.17
Dividend Yield
3.33%
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
2/08/2024
Today
4/19/2024
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
$5.14 billion
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$59.04 billion
Cash Flow
$2.70 per share
Book Value
$12.06 per share

Miscellaneous

Outstanding Shares
2,765,240,000
Free Float
N/A
Market Cap
$20.57 billion
Optionable
Not Optionable
Beta
0.92
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Key Executives

  • Hidenori Kinugasa
    Managing Executive Officer
  • Manabu Etoh
    GM & Head of Intellectual Property Division
  • Hironori Motomatsu
    GM & Head of Safety Division
  • Mr. Hiroshi Tsuga (Age 62)
    Managing Executive Officer
  • Masayasu Abiko
    GM & Vice Head of Unit, Pipe & Tube Unit
  • Yuji Nomiyama
    Managing Executive Officer
  • Kazumasa Shinkai
    Managing Executive Officer
  • Nobuhiro Fujita
    Managing Executive Officer
  • Kyoichi Araki
    Managing Executive Officer
  • Takahiko Iwai
    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 strong track record in steelmaking and steel fabrication, offering a wide range of products for various markets including automotive, energy, infrastructure, and consumer electronics.
  • The company reported a solid quarterly earnings result with a net margin of 7.19% and a return on equity of 12.53%, indicating financial stability and profitability.
  • Nippon Steel Co. has a market capitalization of $22.81 billion, showcasing its significant presence in the industry.
  • The stock price of Nippon Steel Co. has shown stability with a 50-day moving average of $8.02 and a 200-day moving average of $7.78, indicating a consistent performance.
  • The company engages in various businesses beyond steelmaking, including construction, waste processing, supplying electricity and gas, and offering IT-enabled outsourcing services, diversifying its revenue streams.

Cons

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

  • The steel industry can be cyclical and sensitive to economic fluctuations, which may impact Nippon Steel Co.'s financial performance.
  • Global trade tensions and tariffs on steel products could affect the company's international operations and profitability.
  • Despite the positive quarterly earnings, the company's debt-to-equity ratio of 0.41 may raise concerns about its leverage and financial health.
  • Short interest in Nippon Steel Co. decreased significantly, which could indicate reduced market interest or potential challenges ahead.
  • Investors should closely monitor industry trends and competition to assess the long-term growth prospects of Nippon Steel Co. in a competitive market environment.
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 Thursday, April 11, 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 in 2024?

Nippon Steel's stock was trading at $7.6250 at the start of the year. Since then, NPSCY stock has decreased by 1.6% and is now trading at $7.5018.
View the best growth stocks for 2024 here
.

Are investors shorting Nippon Steel?

Nippon Steel saw a decrease in short interest during the month of March. As of March 15th, there was short interest totaling 60,400 shares, a decrease of 26.9% from the February 29th total of 82,600 shares. Based on an average trading volume of 87,700 shares, the short-interest ratio is currently 0.7 days.
View Nippon Steel's Short Interest
.

How were Nippon Steel's earnings last quarter?

Nippon Steel Co. (OTCMKTS:NPSCY) announced its quarterly earnings data on Thursday, February, 8th. The company reported $0.30 EPS for the quarter. The firm had revenue of $15.10 billion for the quarter. Nippon Steel had a trailing twelve-month return on equity of 12.53% and a net margin of 7.19%.

Is Nippon Steel a good dividend stock?

Nippon Steel (OTCMKTS:NPSCY) pays an annual dividend of $0.25 per share and currently has a dividend yield of 3.40%. The dividend payout ratio is 17.24%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for NPSCY.

When did Nippon Steel's stock split?

Nippon Steel's stock split on Wednesday, December 28th 2022. The 3-1 split was announced on Wednesday, December 28th 2022. The newly created shares were distributed 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 4/19/2024 by MarketBeat.com Staff

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