2 Steel Stocks That Have a Killer Advantage [The Motley Fool]
Nucor Corporation (NUE)
Last nucor corporation earnings: 4/28 08:00 am
Check Earnings Report
US:NYSE Investor Relations:
nucor.com/investor
Company Research
Source: The Motley Fool
When it comes to running giant steel mills, these two steel stocks have an edge on their peers. Steel is a cyclical business driven largely by the economy's ups and downs. However, there are some important differences in the industry between companies like Nucor Corporation ( NYSE:NUE ) and Steel Dynamics, Inc. ( NASDAQ:STLD ) and iconic names like United States Steel Corporation ( NYSE:X ) . Here's the big, killer advantage that Nucor and Steel Dynamics have in the steel industry. Making steel vs. recycling steel U.S. Steel's business is built on blast furnaces. This is an older technology that uses iron ore and metallurgical coal to make primary steel. These mills are generally very large and are costly to operate. They can be incredibly profitable operations when run at high capacity, but they tend to bleed red ink during downturns because capacity utilization can quickly fall to the point where the mills don't cover their operating costs. You will of
Show less
Read more
Impact Snapshot
Event Time:
NUE
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
NUE alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
NUE alerts
High impacting Nucor Corporation news events
Weekly update
A roundup of the hottest topics
NUE
News
- Nucor First Quarter 2024 Earnings: Misses Expectations [Yahoo! Finance]Yahoo! Finance
- Nucor Co. (NYSE: NUE) had its price target lowered by analysts at BMO Capital Markets from $210.00 to $200.00. They now have a "market perform" rating on the stock.MarketBeat
- Nucor Corporation (NYSE:NUE) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Nucor Co. (NYSE: NUE) had its price target lowered by analysts at JPMorgan Chase & Co. from $195.00 to $190.00. They now have a "neutral" rating on the stock.MarketBeat
- Earnings Miss: Nucor Corporation Missed EPS By 5.4% And Analysts Are Revising Their Forecasts [Yahoo! Finance]Yahoo! Finance
NUE
Earnings
- 4/22/24 - Miss
NUE
Sec Filings
- 4/22/24 - Form 8-K
- 3/26/24 - Form 4
- 3/25/24 - Form 4
- NUE's page on the SEC website