Steel Dynamics, Inc. (NASDAQ:STLD)
Analysts are estimating that Steel Dynamics, Inc. (STLD) to hit $38.00 Price Target in next one year, this mean price is come up through the consensus of analysts. The Median price target for the stock is set at $39.00. Highest potential price target is expected at $48.00 however minimum price target advised by analysts is $19.00. A price target is the projected price level of a financial security stated by an investment analyst or advisor. It represents a security’s price that, if achieved, results in a trader recognizing the best possible outcome for his investment.
Steel Dynamics, Inc.’s (STLD)
Steel Dynamics, Inc.’s (STLD)’s Stock Price Trading Update:
Steel Dynamics, Inc.’s (STLD) stock price ended its day with a gain of 2.85% and finalized at the value of $37.13. During its last trading session, Stock traded with the total exchanged volume of 3.35 million shares. The average volume stands around 3.89 million shares. The average numbers of shares are traded in a security per day, during the recent 3-month period. The stock has relative volume of 0.88. Relative volume is ratio between current volume and 3-month average value, intraday adjusted. Steel Dynamics, Inc.’s (STLD) is a part of Basic Materials sector and belongs to Steel & Iron industry.
Important Technical Indicators:
ATR value of company was 1.07. Average True Range (ATR) is an indicator based on trading ranges smoothed by an N-period exponential moving average percentage of the true range values. ATR can display volatility of stocks, ETFs and indexes. The principal of ATR is very similar to other volatility indicators: A high ATR value signals a possible trend change. A low ATR value correlates with a weaker trend movement.
Relative Strength Index (RSI) was 56.17. Developed J. Welles Wilder, the Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. Traditionally, and according to Wilder, RSI is considered overbought when above 70 and oversold when below 30.
The stock volatility for week was 3.21% while for month was 2.87%.The stock, as of last close, traded 147.67% to its 52 week low and was changed -7.22% from its 52 week high. Beta factor, which measures the riskiness of the security, was observed as 1.37. STLD’s value Change from Open was at 0.76% with a Gap of 2.08%.
Earnings per share Details about STLD:
EPS in next five year years is expected to touch 52.04% while EPS growth in past 5 year was -23.20% along with sales growth of 3.80% in the last five years.
EPS growth in next year is estimated to reach 26.75% while EPS growth estimate for this year is set at -180.80%.
The price/earnings ratio (P/E) is 84.00 and the forward P/E ratio stands at 15.27. The price to earnings growth is 1.61 and the price to sales ratio is 17. It has a dividend yield of 1.51%.
To review the STLD previous performance, look at its past history, which highlighted below:
During last 5 trades the stock sticks almost 2.54%.
During last one month it showed the change of -3.87%.
During last 3 month it remained at 52.19%.
During last one year month it performed at 133.35%.
Along with these its year to date performance is standing at 4.36%.
Analysts Mean Rating:
Analysts’ mean recommendation for Steel Dynamics, Inc.’s (STLD) stands at 2.00. Rating Scale; where 1.0 rating means Strong Buy, 2.0 rating signify Buy, 3.0 recommendation reveals Hold, 4.0 rating score shows Sell and 5.0 displays Strong Sell signal.
STLD Stock Price Comparison to Moving Averages:
USA based company, Steel Dynamics, Inc.’s (STLD)’s latest closing price was 37.29% from the average-price of 200 days while it maintained a distance from the 50 Day Moving Average at 8.23% and 0.98% compared with the 20 Day Moving Average.