# Steel Dynamics, Inc. – Consensus ‘hold’ rating and 6.1% Upside Potential

- Link: https://www.directorstalkinterviews.com/steel-dynamics-inc.consensus-hold-rating-and-6.1-upside-potential/4121126401
- Published: 2023-08-30T11:43:00+01:00
- Author: Charlotte Edwards

**Steel Dynamics, Inc.** with ticker code (STLD) now have 11 market analysts covering
the stock. The analyst consensus now points to a rating of ‘hold’. The range between
the high target price and low target price is between 130 and 69 calculating the
mean target price we have $108.31. Given that the stocks previous close was at $
102.12 this would indicate that there is a potential upside of 6.1%. The day 50 
moving average is $104.79 and the 200 moving average now moves to $107.18. The company
has a market capitalization of 17.65B. The stock price for the company is currently
106.57 USD

 The potential market cap would be $18,722,697,288 based on the market consensus.

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of 6.17, revenue per share of 117.79
and a 17.15% return on assets.

Steel Dynamics, Inc. is a steel producer and metal recycler in the United States.
The Company has three segments: steel operations, metals recycling operations and
steel fabrication operations. Steel operations segment consists primarily of steelmaking
and various coating operations. The segment consists of its EAF steel mills, producing
steel from ferrous scrap and scrap substitutes, utilizing continuous casting, automated
rolling mills, and various steel coating and processing lines. Metals Recycling 
operations segment include both ferrous and nonferrous scrap metal processing, transportation,
marketing, brokerage and scrap management services, strategically located primarily
in close proximity to its steel mills and other end-user scrap consumers, across
the United States, and Central and Northern Mexico. Steel fabrication operations
segment include seven new millennium building systems plants that primarily serve
the nonresidential construction industry across the United States.

Share on: