Steel Dynamics, Inc. The company has a 50-day moving average price of $35.85 and a 200 day moving average price of $35.22. Airain Ltd invested in 25,705 shares or 0.07% of the stock. Citigroup has 0% invested in GlycoMimetics Inc (NASDAQ:GLYC) for 9 shares. It has underperformed by 40.01% the S&P500.
Steel Dynamics, Inc. (STLD) saw 37.73 million in free cash flow last quarter, representing a quarterly net change in cash of -57.98 million. Shelton Capital Management sold 8,940 shares as the company’s stock declined 7.91% while stock markets rallied. The basic materials company reported $0.63 earnings per share for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.63. Bw Gestao De Investimentos Ltda who had been investing in Steel Dynamics Inc for a number of months, seems to be less bullish one the $8.36B market cap company. In this case, shares are 55.64% higher from $22.79, the worst price in 52 weeks suffered on Sep.
Shares of Steel Dynamics (NASDAQ STLD) opened at 34.54 on Friday. It has outperformed by 27.69% the S&P500. Alpha Windward LLC now owns 14,244 shares of the basic materials company’s stock worth $510,000 after buying an additional 154 shares in the last quarter.
Investors sentiment increased to 0.96 in Q4 2016. Its up 0.89, from 0.9 in 2016Q3. It increased, as 28 investors sold STLD shares while 162 reduced holdings. Highline Capital Management L.P., a New York-based fund reported 2.66 million shares. (NASDAQ:STLD). South Dakota Investment Council holds 0.05% or 72,800 shares.
Steel Dynamics, is a steel producing and a metal recycling company.
STLD has been the topic of Many brokerage reports. The stock rose 0.37% or $0.13 reaching $35.64 per share. Teacher Retirement Of Texas accumulated 582,571 shares. Bluemountain Capital Ltd Liability Corporation stated it has 35,327 shares or 0.02% of all its holdings. 19,200 are held by Jacobs Levy Equity Management Inc. Wall Street Associate holds 150,000 shares or 0.6% of its portfolio. State Treasurer State of MI raised its position in shares of Steel Dynamics by 0.3% in the first quarter. Mckinley Cap Ltd Liability Corporation Delaware reported 0.01% of its portfolio in Steel Dynamics, Inc. (NASDAQ:STLD) or 53,085 shares. Weaver C Barksdale & Assoc holds 1,139 shares or 0.07% of its portfolio. Nuveen Asset Management Llc holds 0.08% or 420,550 shares in its portfolio. Steel Dynamics Inc. P/E (price to earnings) ratio is 16.27 and Forward P/E ratio of 11.67.
STLD has been the topic of a number of recent research reports. Therefore 100% are positive.
Looking ahead at valuations, according to the consensus, the next fiscal year is forecast to bring about 2.98 in total earnings per share. The firm earned “Buy” rating on Tuesday, May 30 by Cowen & Co. The firm has “Neutral” rating by Rosenblatt given on Tuesday, May 10. Zacks upgraded GlycoMimetics Inc (NASDAQ:GLYC) rating on Monday, August 10. Steel Dynamics has an average rating of “Buy” and an average price target of $39.79. Five analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company. Finally, Longbow Research reiterated a “buy” rating and issued a $40.00 target price on shares of Steel Dynamics in a research note on Thursday, July 27th.
09/21/2016 – Steel Dynamics, Inc. had its “outperform” rating reiterated by analysts at CLSA. STLD comes in with a P/S ratio of 0.97 that’s below 1, potentially implying that it could be cheap relative to the overall sector (3.06) and its peers (1).
Steel Dynamics (NASDAQ:STLD) last released its quarterly earnings results on Wednesday, July 19th. They now have a Dollars 44 price target on the stock. Following the completion of the transaction, the director now owns 1,005,666 shares in the company, valued at $38,637,687.72. The stock of Steel Dynamics, Inc. The firm has “Buy” rating by Citigroup given on Monday, August 22. The company was maintained on Monday, July 24 by J.P. Morgan. The rating was downgraded by Nomura to “Reduce” on Monday, September 19. The balance sheet health of any company plays a key role in its ability to meet its obligations and maintain the faith of its investment base. RBC Capital Markets maintained it with “Outperform” rating and $46 target in Wednesday, January 27 report. Hilltop Inc reported 3,067 shares. Zacks has “Hold” rating and $8.50 target. Washington Trust Bank’s holdings in Steel Dynamics were worth $122,000 as of its most recent filing with the SEC. The Dynamic Capital Management Ltd holds 91,748 shares with $3.26M value, up from 42,129 last quarter.