Why Nucor (NUE) Outpaced the Stock Market Today

From Nasdaq: 2025-06-03 18:15:00

Nucor (NUE) closed at $122.32, up 1.59% from the previous session, outperforming the S&P 500. However, shares have dropped 0.07% in the past month. Analysts project a 17.54% decrease in EPS in the upcoming release, with revenue expected to rise by 2.55%.

The Zacks Consensus Estimates predict Nucor’s full-year earnings at $7.88 per share and revenue at $31.48 billion, showing changes of -11.46% and +2.43% from last year. The stock currently holds a Zacks Rank of #3 (Hold). Investors should monitor any recent adjustments to analyst estimates and the stock’s performance.

Nucor’s valuation includes a Forward P/E ratio of 15.27, a premium compared to the industry average of 10.44. The stock also has a PEG ratio of 0.76, lower than the industry’s average of 0.95. The Steel – Producers industry, part of the Basic Materials sector, ranks in the top 22% of all industries.

Zacks Research Chief highlights a stock with the potential to double in value. This innovative financial firm with a growing customer base and cutting-edge solutions could see significant gains. Investors can access more stock picks and recommendations from Zacks Investment Research for informed decision-making.



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