Nucor stock closed lower than the previous day despite sector outperformance

From Nasdaq: 2025-06-30 18:15:00

Nucor (NUE) closed at $129.54, down 1.44% from the previous day, while the S&P 500 gained 0.52%. Over the past month, Nucor shares rose 20.18%, outperforming the sector and S&P 500.

Analysts predict Nucor’s upcoming earnings per share to be $2.54, a 5.22% decrease from last year. Revenue is estimated at $8.39 billion, a 3.84% increase. The Zacks Rank system rates Nucor a #3 (Hold) with a consensus EPS projection up by 3.01% in the past 30 days.

Nucor’s valuation metrics include a Forward P/E ratio of 16.18, higher than the industry average. The company’s PEG ratio stands at 0.85, below the industry average of 0.92. The Steel – Producers industry has a Zacks Industry Rank of 88, placing it in the top 36% of industries.

A new top chip stock, 1/9,000th the size of NVIDIA, is positioned for growth in Artificial Intelligence and Machine Learning. With an expanding customer base, this stock is set to benefit from the projected growth of the global semiconductor industry from $452 billion in 2021 to $803 billion by 2028.



Read more at Nasdaq: Nucor (NUE) Stock Sinks As Market Gains: Here’s Why