Why Steel Dynamics (STLD) Outpaced the Stock Market Today
From Nasdaq: 2025-06-03 18:15:00
Steel Dynamics (STLD) closed at $136.84, up 0.83% from the previous session, outperforming the S&P 500. Shares have risen by 1.95% in the past month, below the sector and S&P 500 gains. Earnings are projected at $2.57 per share, with revenue expected to reach $4.79 billion.
Analysts forecast full-year earnings of $10.18 per share and revenue of $18.14 billion for Steel Dynamics. Recent estimate changes reflect short-term business trends. The Zacks Rank rates STLD as a #3 (Hold), with a Forward P/E ratio of 13.33 and PEG ratio of 0.95, slightly above industry averages.
Zacks Research highlights Steel Dynamics as an industry leader with significant growth potential. The company’s innovative financial solutions and expanding customer base position it for substantial gains. Consider tracking stock metrics on Zacks.com for future trading sessions and potential investment opportunities.
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