Steel Dynamics, Inc. (STLD) Issues Q1 Earnings Guidance

Posted March 20, 2017

The Company now has Insider ownership of 4.1 Percent and Institutional Ownership of 88.7 Percent. The company has a Low Price Target of $32 and the Mean Target of $39.82, according to the Brokers. This showed the surprise of 0% in the last quarter earnings.

Steel Dynamics Last issued its quarterly earnings results on Jan 24, 2017. (NASDAQ:STLD) to Buy by settling a price target of $44 on 12/06/16. Based on the consensus of stock financial advisors the stock has a price target of $40.1. JP Morgan Maintains the company's stock to Overweight on 11/30/16 by setting a price target of $41. Steel Dynamics's dividend payout ratio (DPR) is 35.90%. They now have a Dollars 28 price target on the stock.

STLD's price-to-earnings of 22.6 lies below the industry average, already indicating the company could be considered undervalued.But to properly examine a value of a high growth stock like Steel Dynamics we must include its earnings growth in the calculation using the PEG ratio. The stock touched its 52-Week High on Dec 8, 2016 and 52-Week Low on Mar 17, 2016.

Looking further out, over the past twelve months, Steel Dynamics, Inc.'s stock was 68.34% and -1.06% over the last quarter and 55.03% for the past six months.

Based on the latest notes released to investors, 5 analysts have issued a rating of "buy", 5 analysts "outperform", 4 analysts "hold", 0 analysts "underperform" and 0 analysts "sell". The Stock shows P/E value of 14.28 and Forward P/E of 16.38. This scale runs from 1 to 5 where 1 represents Strong Buy and 5 represents Sell.

According to the analysts covering the company the next three years should bring some good growth prospects for Steel Dynamics. The company reported $0.43 earnings per share for the quarter, meeting the Zacks' consensus estimate of $0.43.

For the quarter ending 10/19/2016, The Analyst projected that the company could deliver EPS of 0.66 while the company provided its Actual EPS of 0.64 showing a difference of -0.02 Percent between the Estimated and Actual EPS. Prudential Financial Inc. now owns 3,678,311 shares of the company's stock valued at $91,921,000 after buying an additional 212,570 shares during the period. The stock's market capitalization is 8.81B, it has a 52-week low of 21.57 and a 52-week high of 40.17. Jefferies Group LLC's price target suggests a potential upside of 26.23% from the company's previous close. The stock is now moving above its 20-Day Simple Moving Average of -1.15% with the 50-Day Simple Moving Average of -1.15 percent. The stock is -1.15% below another chart threshold, its 50-day moving average and -1.37% below its 20-day simple moving average. Steel Dynamics had a net margin of 4.91% and a return on equity of 17.30%. The stock is now has its Return on Assets (ROA) value of 10.6 Percent. When we look at the Volatility of the company, Week Volatility is at 3.41% whereas Month Volatility is at 3.08%.

11/29/2016 - Steel Dynamics, Inc. was downgraded to "neutral" by analysts at Macquarie. For Dividend Investing Stock Market Traders Steel Dynamics, Inc. has a Dividend Yield of 1.57% with an Annual Dividend of $0.56. The stock's price is $36.34 and their relative strength index (RSI) stands at 53.05.