|
Price: $141.2500
$8.22 
6.179%
|
| Day's High:
| $139.15
| Week Perf:
| 3.75 %
|
| Day's Low: |
$ 138.03 |
30 Day Perf: |
-3.38 % |
| Volume (M): |
84 |
52 Wk High: |
$ 182.68 |
| Volume (M$): |
$ 11,547 |
52 Wk Avg: |
$138.69 |
| Open: |
$133.79 |
52 Wk Low: |
$100.13 |
|
|
| Market Capitalization (Millions $) |
35,934 |
| Shares
Outstanding (Millions) |
254 |
| Employees |
28,800 |
| Revenues (TTM) (Millions $) |
39,729 |
| Net Income (TTM) (Millions $) |
7,084 |
| Cash Flow (TTM) (Millions $) |
935 |
| Capital Exp. (TTM) (Millions $) |
2,032 |
Nucor Corporation
Nucor Corporation was incorporated in Delaware in 1958. The business of Nucor
Corporation and its subsidiaries is the manufacture and sale of steel and steel
products, which accounted for all of the sales and the majority of the earnings.
Products from both segments are marketed principally through in-house sales
forces. The principal competitive factors are price and service. Considerable
competition exists from numerous domestic manufacturers and foreign imports.
During 2000 and 2001, imports of steel increased significantly, much of it at
illegally dumped prices.
The primary raw material for the steel mills segment is ferrous scrap, which
is acquired from numerous sources throughout the country.
The steel mills are also large consumers of electricity and gas. Nucor uses
natural gas purchase contracts to partially manage its exposure to price risk
of natural gas that is used during the manufacturing process. The primary raw
material for the steel products segment is steel, which is primarily purchased
from the steel mills segment. Supplies of raw materials and energy have been,
and are expected to be, adequate to operate the facilities.
Nucor believes that the most significant factors with respect to its competitive
position are the low cost and efficiency of its production processes. The markets
that Nucor serves are tied to capital and durable goods spending and are affected
by changes in economic conditions.
Company Address: 1915 Rexford Road Charlotte 28211 NC
Company Phone Number: 366-7000 Stock Exchange / Ticker: NYSE NUE
| NUE is expected to report next financial results on August 09, 2023. |
Next quarterly dividend pay out on August 11, 2023. |
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|
|
Customers Net Income grew by |
NUE's Customers Net Profit Margin grew to |
67.88 % |
16.91 %
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| Stock Performances by Major Competitors |
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Insteel Industries Inc
The financial results of Insteel Industries Inc for the second quarter of 2023 have shown a significant decline in the company's profitability. The company EPS has plummeted by -77.97%, and profit has decreased by -54.39%, compared to the same quarter in the previous year. Additionally, the revenue has declined by -10.875% to $159.05 million, which is a significant drop from $178.46 million in the same quarter a year before. The net income has also fallen significantly by -77.95% to $5.101 million.
Looking further into the profitability of Insteel Industries Inc, it can be seen that the operating margin has reduced to 3.62%, and the net margin has shrank to 3.21%. This indicates that the company is struggling to maintain its profitability in the market. The drop in operating earnings by -80.84% to $5.756 million has also contributed to this decline, squeezing Insteel Industries Inc's operating margin from 16.83% to 3.62% in the second quarter of 2023.
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Greenwave Technology Solutions Inc
Greenwave Technology Solutions Inc, a leading technology company, recently reported a decrease in revenue and a larger shortfall for the fiscal year ending March 31, 2023. The company reported a loss per share of $-0.36, while the revenue decreased by -8.848% to $9.04 million, as compared to the same period in the previous year.
This decline in revenue can be attributed to lower demand from consumers and a decrease in the number of orders placed. This has resulted in a larger shortfall for the company, which has been struggling to maintain its position in the market amid fierce competition from other players.
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L B Foster Company
L B Foster Company, a company in the Basic Materials sector, recently released its financial results for the fiscal year ending on March 31, 2023. According to the report, the company's deficit has widened by $0.05 per share compared to the previous year, from $-0.15 to $-0.20. However, the company's EPS (earnings per share) has improved from $-4.03 to -$2.13 per share, a positive sign.
The company's revenue has increased significantly by 16.898% to $115.49 million from $98.79 million in the same reporting season a year before. However, L B Foster Company's revenue fell sequentially by -15.809% from $137.17 million. The company is expected to report its next financial results on August 08, 2023.
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Nucor Corporation
Nucor Corporation's latest financial report shows a slight dip in its ability to collect accounts receivable sequentially, with a ratio of 9.86 indicating a more challenging environment compared to the previous quarter. However, this is not a cause for concern according to industry experts. Nucor's average collection period remained unchanged at 37 days in the Apr 01 2023 quarter.
Comparing Nucor's receivables turnover ratio with other companies in the Basic Materials sector, the company fared relatively better. Nucor's overall receivables turnover ratio total ranking improved to 31 from the earlier rankings in the fourth quarter of 2022.
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Ascent Industries Co
Ascent Industries Co is a company that specializes in the production and distribution of cannabis products. The company operates within the larger cannabis industry, which has been experiencing rapid growth in recent years. However, despite the potential for growth, Ascent Industries Co has been struggling to maintain profitability in recent fiscal periods, as evidenced by their increasing deficit per share and decline in revenue.
There are several factors at play that have contributed to Ascent Industries Co's declining business. One factor is increasing competition within the industry, as more and more companies seek to capitalize on the growing demand for cannabis products. Another factor is regulatory uncertainty, with many countries and jurisdictions still navigating the legal landscape surrounding cannabis use and distribution.
|
| Per Share |
Current |
| Earnings (TTM) |
25.45 $ |
| Revenues (TTM) |
156.17 $
|
| Cash Flow (TTM) |
3.68 $ |
| Cash |
18.15 $
|
| Book Value |
78.34 $
|
| Dividend (TTM) |
2.01 $ |
|
|
| Per Share |
|
| Earnings (TTM) |
25.45 $
|
| Revenues (TTM) |
156.17 $ |
| Cash Flow (TTM) |
3.68 $ |
| Cash |
18.15 $
|
| Book Value |
78.34 $ |
| Dividend (TTM) |
2.01 $ |
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| |
| Steel mills |
|
Segment |
|
 |
of total Revenue |
| Steel products |
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Segment |
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|
of total Revenue |
| Raw materials |
|
Segment |
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|
of total Revenue |
| |
| Nucor's Operating Statistics
|
Decrease / Increase
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| Steel mills Production (thousands tons) |
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 |
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| Steel mills Total shipments (thousands tons) |
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| Steel mills Outside shipments (thousands tons) |
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| Steel products Joist production (thousands tons) |
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| Steel products Deck sales (thousands tons) |
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 |
| Steel products Cold finish sales (thousands tons) |
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| Steel products Concrete reinforcing steel sales (thousands tons) |
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2.47% 