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Steel Dynamics Inc (STLD) |
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Price: $95.6500
$0.92 
0.971%
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| Day's High:
| $96.41
| Week Perf:
| -1.58 %
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| Day's Low: |
$ 94.21 |
30 Day Perf: |
-8.35 % |
| Volume (M): |
1,285 |
52 Wk High: |
$ 136.46 |
| Volume (M$): |
$ 122,949 |
52 Wk Avg: |
$94.88 |
| Open: |
$96.04 |
52 Wk Low: |
$62.44 |
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| Market Capitalization (Millions $) |
16,498 |
| Shares
Outstanding (Millions) |
172 |
| Employees |
10,640 |
| Revenues (TTM) (Millions $) |
21,584 |
| Net Income (TTM) (Millions $) |
3,416 |
| Cash Flow (TTM) (Millions $) |
415 |
| Capital Exp. (TTM) (Millions $) |
976 |
Steel Dynamics Inc
Steel Dynamics, Inc. was incorporated in Indiana in August 1993. The primary
sources of our revenues are from the manufacture and sale of steel products; processing
and sale of recycled ferrous and nonferrous metals; and to a lesser degree, fabrication
and sale of steel joist and decking products. Our operations are managed and reported
based on three operating segments: steel operations, metals recycling and ferrous
resources operations, and steel fabrication operations.
Company Address: 7575 West Jefferson Blvd Fort Wayne 46804 IN
Company Phone Number: 969-3500 Stock Exchange / Ticker: NASDAQ STLD
| STLD is expected to report next financial results on August 01, 2023. |
Next quarterly dividend pay out on July 17, 2023. |
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Customers Net Income grew by |
STLD's Customers Net Profit Margin grew to |
67.24 % |
16.93 %
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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.
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| Per Share |
Current |
| Earnings (TTM) |
18.8 $ |
| Revenues (TTM) |
125.14 $
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| Cash Flow (TTM) |
2.41 $ |
| Cash |
13.45 $
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| Book Value |
47.08 $
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| Dividend (TTM) |
1.45 $ |
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| Per Share |
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| Earnings (TTM) |
18.8 $
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| Revenues (TTM) |
125.14 $ |
| Cash Flow (TTM) |
2.41 $ |
| Cash |
13.45 $
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| Book Value |
47.08 $ |
| Dividend (TTM) |
1.45 $ |
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| Steel Operations |
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Segment |
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of total Revenue |
| Recycling and ferrous resources |
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Segment |
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of total Revenue |
| Steel fabrication |
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Segment |
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of total Revenue |
| Other |
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Segment |
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of total Revenue |
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| Steel Dynamics Inc's Operating Statistics
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Decrease / Increase
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| Flat Roll Shipments (thousands of net tons) |
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| The Techs Shipments (thousands of net tons) |
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| Total Sheet products Shipments (thousands of net tons) |
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| Structural Rail Division Shipments (thousands of net tons) |
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| Engineered Bar Shipments (thousands of net tons) |
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| Roanoke Bar Shipments (thousands of net tons) |
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| Steel West Virginia Shipments (thousands of net tons) |
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| Total Long products Shipments (thousands of net tons) |
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| Total Steel Operations Shipments (thousands of net tons) |
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| Ferrous metals Shipments (thousands of net tons) |
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| Nonferrous metals Shipments (thousands of net tons) |
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| Mesabi Nugget Shipments (thousands of net tons) |
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| Iron Dynamics Shipments (thousands of net tons) |
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| Total Recycling & ferrous Shipments (thousands of net tons) |
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| Total Steel fabrication Shipments (thousands of net tons) |
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| Steel Operations Avg. Price ($/net ton) |
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| Recycling & ferrous Avg. Price ($/net ton) |
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| Steel fabrication Avg. Price ($/net ton) |
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0.9%