Nucor (NUE) stock closed at $155.43, down 1.2% from the previous day, underperforming the S&P 500. Over the past month, the steel company’s shares dropped 9.46%, with upcoming earnings expecting a 47.16% decrease in EPS and 14.31% decline in revenue compared to last year. Analyst estimate revisions can impact stock performance.

Investors should note Nucor’s Zacks Rank of #3 (Hold) and Forward P/E ratio of 12.54, higher than the industry average. The Steel – Producers industry is ranked 158 out of 250+, with the top 50% of industries outperforming the bottom half by 2 to 1. For more metrics and information, visit Zacks.com.

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Read more at NASDAQ: Nucor (NUE) Stock Sinks As Market Gains: What You Should Know