Steel Dynamics, Inc. which can be found using ticker (STLD) have now 8 market analysts covering the stock. The analyst consensus now points to a rating of ‘hold’. The target price High/Low ranges between $130.00 and $73.00 suggesting an average Analsyt target price of $108.00. Given that the stocks previous close was at $110.25 this now indicates there is a potential downside of -2.0%. It’s also worth noting that there is a 50 day moving average of $104.66 and the 200 day moving average is $107.30. The company has a market capitalization of 18.08B. The stock price for the company is currently is currently $109.17 USD
The potential market cap would be $17,714,306,570 based on the market consensus.
The company is not paying dividends at this time.
Other points of data to note are a P/E ratio of 6.96, revenue per share of $114.14 and a 14.63% return on assets.
Steel Dynamics, Inc. is a steel producer and metal recycler in the United States. The Company has three segments: steel operations, metals recycling operations and steel fabrication operations. Steel operations segment consists primarily of steelmaking and various coating operations. The segment consists of its EAF steel mills, producing steel from ferrous scrap and scrap substitutes, utilizing continuous casting, automated rolling mills, and various steel coating and processing lines. Metals Recycling operations segment include both ferrous and nonferrous scrap metal processing, transportation, marketing, brokerage and scrap management services, strategically located primarily in close proximity to its steel mills and other end-user scrap consumers, across the United States, and Central and Northern Mexico. Steel fabrication operations segment include seven new millennium building systems plants that primarily serve the nonresidential construction industry across the United States.
