# Nucor Corporation – Consensus ‘buy’ rating and 5.1% Upside Potential

- Link: https://www.directorstalkinterviews.com/nucor-corporation-consensus-buy-rating-and-5.1-upside-potential/4121132293
- Published: 2023-11-09T12:25:02+00:00
- Author: Charlotte Edwards

**Nucor Corporation** which can be found using ticker (NUE) now have 8 confirmed
analysts covering the stock with the consensus suggesting a rating of ‘buy’. The
range between the high target price and low target price is between $185.00 and 
$39.00 with the average target price sitting at $159.13. Given that the stocks previous
close was at $151.44 and the analysts are correct then there would likely be a percentage
uptick in value of 5.1%. The 50 day moving average now sits at $155.03 and the 200
day MA is $156.60. The market cap for the company is 37.60B. The stock price is 
currently at: $152.96 USD

 The potential market cap would be $39,513,013,908 based on the market consensus.

The company has a dividend yield of 1.35%. Other points of data to note are a P/
E ratio of 7.74, revenue per share of $141.84 and a 12.76% return on assets.

Nucor Corporation is focused on manufacturing steel and steel products that produces
direct reduced iron (DRI) for use in its steel mills. The Company’s segments include
Steel Mills, Steel Products and Raw Materials. The Steel Mills segment produces 
sheet steel (hot-rolled, cold-rolled and galvanized), plate steel, structural steel(
wide-flange beams, beam blanks, H-piling and sheet piling) and bar steel (blooms,
billets, concrete reinforcing bar, merchant bar and engineered special bar quality(
SBQ). The Steel Products segment produces steel joists and joist girders, steel 
deck, hollow structural section steel tubing, electrical conduit, fabricated concrete
reinforcing steel, cold finished steel, steel fasteners, steel grating and expanded
metal, wire and wire mesh, metal building systems and others. The Raw Materials 
segment DRI; brokers ferrous and nonferrous metals, pig iron, hot briquetted iron
and DRI; supplies ferro-alloys; and processes ferrous and nonferrous scrap metal.

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