News Image

Why NYSE:NUE Stands Out as a Quality Stock.

By Mill Chart

Last update: Dec 14, 2023

Quality investors are looking for the best of the best. Companies which are growing steadily and consistently, but are also in excellent financial condition. We will have a look here to see if NUCOR CORP (NYSE:NUE) is suited for quality investing. Investors should of course do their own research, but we spotted NUCOR CORP showing up in our Caviar Cruise quality screen, so it may be worth spending some more time on it.

Looking into the quality metrics of NUCOR CORP

  • NUCOR CORP has achieved substantial revenue growth over the past 5 years, with a 15.44% increase. This signifies the company's ability to successfully capture market opportunities and generate sustained revenue growth.
  • With a notable ROIC excluding cash and goodwill at 33.05%, NUCOR CORP demonstrates its commitment to generating sustainable returns for shareholders. This metric emphasizes the company's effective use of capital and its ability to deliver long-term value.
  • The Debt/Free Cash Flow Ratio of NUCOR CORP stands at 1.09, reflecting the company's prudent capital structure and cash flow dynamics. This ratio highlights the company's ability to generate robust free cash flow relative to its debt obligations.
  • The Profit Quality (5-year) of NUCOR CORP stands at 100.0%, highlighting its ability to consistently generate reliable profits. This metric underscores the company's strong business fundamentals and reinforces its position as a financially stable entity.
  • NUCOR CORP has consistently achieved strong EBIT growth over the past 5 years, with a 40.75% increase. This underscores the company's effective management of its operating income and suggests a positive outlook for future profitability.
  • NUCOR CORP has achieved superior EBIT 5-year growth compared to its Revenue 5-year growth. This demonstrates the company's ability to maximize its profitability through effective cost management and operational strategies.

Zooming in on the fundamentals.

Every day ChartMill assigns a Fundamental Rating to every stock. The score ranges from 0 to 10 and is determined by evaluating multiple fundamental indicators and properties.

Overall NUE gets a fundamental rating of 7 out of 10. We evaluated NUE against 156 industry peers in the Metals & Mining industry. NUE scores excellent points on both the profitability and health parts. This is a solid base for a good stock. NUE has a bad growth rate and is valued cheaply. This makes NUE very considerable for value investing!

For an up to date full fundamental analysis you can check the fundamental report of NUE

More ideas for quality investing can be found on ChartMill in our Caviar Cruise screen.

Keep in mind

This is not investing advice! The article highlights some of the observations at the time of writing, but you should always make your own analysis and invest based on your own insights.

Back

NUCOR CORP

NYSE:NUE (4/26/2024, 7:07:08 PM)

After market: 175.42 0 (0%)

175.42

-0.46 (-0.26%)

NUE News

News Image2 days ago - Investor's Business DailyStock Market Rebounds; Tesla, Microsoft, Google, Meta, Chipotle, GE In Focus: Weekly Review

Microsoft, Tesla, Google, GE and Chipotle were earnings winners. Meta was a notable loser.

News Image5 days ago - ChartmillWondering what's happening in today's session for the S&P500 index? Stay informed with the top movers within the S&P500 index on Tuesday.

Get insights into the S&P500 index performance on Tuesday. Explore the top gainers and losers within the S&P500 index in today's session.

News Image5 days ago - Market News VideoTuesday Sector Laggards: Materials, Utilities
News Image5 days ago - Market News VideoNoteworthy Tuesday Option Activity: NUE, PNC, REGN
News Image5 days ago - ChartmillThese S&P500 stocks have an unusual volume in today's session

Let's have a look at the S&P500 stocks with an unusual volume in today's session.

News Image5 days ago - ChartmillWhich S&P500 stocks are moving on Tuesday?

Stay updated with the movements of the S&P500 index in the middle of the day on Tuesday. Discover which stocks are leading as top gainers and losers in today's session.

News Image5 days ago - Market News VideoTuesday Sector Laggards: Non-Precious Metals & Non-Metallic Mining, Computer Peripherals
News Image5 days ago - ChartmillWondering what's happening in today's session regarding gap up and gap down stocks? Explore the S&P500 index on Tuesday to uncover the stocks that are gapping in the S&P500 index.

Let's take a look at the S&P500 stocks that are experiencing notable price gaps in today's session on Tuesday. Discover the gap up and gap down stocks in the S&P500 index.

News Image5 days ago - ChartmillWhat's going on in today's pre-market session: S&P500 movers

The US market session of Tuesday has yet to be opened, let's have a look at the top S&P500 gainers and losers in the pre-market session today.

News Image6 days ago - BusinessInsiderNUE Stock Earnings: Nucor Misses EPS, Misses Revenue for Q1 2024

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Nucor (NYSE:NUE) just reported results for the first quarter of 2024.Nucor repo...

News Image6 days ago - InvestorPlaceNUE Stock Earnings: Nucor Misses EPS, Misses Revenue for Q1 2024

NUE stock results show that Nucor missed analyst estimates for earnings per share and missed on revenue for the first quarter of 2024.

News Image6 days ago - ChartmillCurious about which S&P500 stocks are showing activity after the closing bell on Monday?

As the regular session of the US market concludes on Monday, let's get an insight into the after-hours session and identify the top gainers and losers in the S&P500 index.

NUE Links
Follow us for more