In the latest close session, Nucor (NUE) was up +2.5% at $138.13. The stock exceeded the S&P 500, which registered a gain of 0.59% for the day. Elsewhere, the Dow gained 0.65%, while the tech-heavy Nasdaq added 0.44%.
Shares of the steel company witnessed a loss of 10.04% over the previous month, trailing the performance of the Basic Materials sector with its gain of 3.77%, and the S&P 500's gain of 2.72%.
The investment community will be closely monitoring the performance of Nucor in its forthcoming earnings report. The company is scheduled to release its earnings on October 27, 2025. The company is expected to report EPS of $2.3, up 54.36% from the prior-year quarter. Simultaneously, our latest consensus estimate expects the revenue to be $8.17 billion, showing a 9.74% escalation compared to the year-ago quarter.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $7.84 per share and a revenue of $32.16 billion, representing changes of -11.91% and +4.65%, respectively, from the prior year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Nucor. These revisions typically reflect the latest short-term business trends, which can change frequently. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Our research shows that these estimate changes are directly correlated with near-term stock prices. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 5.04% downward. Nucor currently has a Zacks Rank of #3 (Hold).
With respect to valuation, Nucor is currently being traded at a Forward P/E ratio of 17.19. This valuation marks a premium compared to its industry average Forward P/E of 13.9.
It is also worth noting that NUE currently has a PEG ratio of 0.93. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. As of the close of trade yesterday, the Steel - Producers industry held an average PEG ratio of 0.77.
The Steel - Producers industry is part of the Basic Materials sector. Currently, this industry holds a Zacks Industry Rank of 169, positioning it in the bottom 32% of all 250+ industries.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
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Nucor Corporation (NUE): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
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