Steel Dynamics (STLD) stock outperformed S&P 500, but fell 20.16% in past month.

From Nasdaq: 2024-12-24 18:15:07

Steel Dynamics (STLD) closed at $117.06, up 1.13% from the previous day, outperforming the S&P 500. However, shares have fallen by 20.16% over the past month. Analysts expect a 45.98% decrease in EPS and a 6.21% drop in revenue for the upcoming earnings report. The stock currently holds a Zacks Rank of #3 (Hold).

Steel Dynamics is trading at a Forward P/E ratio of 11.64, lower than the industry average. The Steel – Producers industry has a Zacks Industry Rank of 204, in the bottom 19%. Investors should monitor analyst estimates and industry rankings closely. Check Zacks.com for more stock-moving metrics and updates.

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Read more at Nasdaq: Steel Dynamics (STLD) Outpaces Stock Market Gains: What You Should Know