# Steel Dynamics, Inc.  Share Price Target ‘$134.68’, now 5.1% Upside Potential

- Link: https://www.directorstalkinterviews.com/steel-dynamics-inc.share-price-target-134.68-now-5.1-upside-potential/4121162236
- Published: 2024-06-25T13:37:32+01:00
- Author: Charlotte Edwards

**Steel Dynamics, Inc.** with ticker code (STLD) have now 10 confirmed analysts 
covering the stock with the consensus suggesting a rating of ‘hold’. The target 
price High/Low ranges between $160.00 and $112.00 with the average share target 
price sitting at $134.68. (at the time of writing). Now with the previous closing
price of $128.18 this would indicate that there is a potential upside of 5.1%. The
50 day MA is $131.72 while the 200 day moving average is $121.66. The market cap
for the company is 19.85B. The stock price for the company is currently $126.34 
USD

 The potential market cap would be $20,858,884,420 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 8.65, revenue per share of $113.86
and a 13.11% 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.

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