EPS for Steel Dynamics, Inc. (STLD) Expected At $1.39

June 13, 2018 - By James Hentges

Steel Dynamics, Inc. (NASDAQ:STLD) LogoInvestors sentiment increased to 1.08 in Q1 2018. Its up 0.11, from 0.97 in 2017Q4. It is positive, as 33 investors sold Steel Dynamics, Inc. shares while 153 reduced holdings. 52 funds opened positions while 149 raised stakes. 184.42 million shares or 2.34% less from 188.84 million shares in 2017Q4 were reported.
Lazard Asset Mgmt Ltd Liability Company holds 0.5% of its portfolio in Steel Dynamics, Inc. (NASDAQ:STLD) for 6.02M shares. California-based Cetera Advisor Ltd Liability Corporation has invested 0.02% in Steel Dynamics, Inc. (NASDAQ:STLD). The Belgium-based Kbc Group Nv has invested 0.01% in Steel Dynamics, Inc. (NASDAQ:STLD). State Of New Jersey Common Pension Fund D reported 5,000 shares or 0% of all its holdings. Winslow Evans & Crocker accumulated 346 shares or 0% of the stock. Bnp Paribas Arbitrage invested 0% of its portfolio in Steel Dynamics, Inc. (NASDAQ:STLD). Bluemountain Capital Mngmt Limited Liability Company has invested 0.23% in Steel Dynamics, Inc. (NASDAQ:STLD). Pub Employees Retirement Sys Of Ohio has 205,662 shares for 0.05% of their portfolio. Moreover, Palisades Hudson Asset Ltd Partnership has 0.17% invested in Steel Dynamics, Inc. (NASDAQ:STLD). Fmr Limited Company reported 7.44 million shares stake. Lpl Financial Lc accumulated 64,792 shares or 0.01% of the stock. First Personal Fincl holds 0.06% or 6,256 shares in its portfolio. Northwestern Mutual Wealth Mgmt invested in 34,637 shares. Capital One Natl Association stated it has 40,600 shares. South Dakota Council stated it has 60,000 shares or 0.06% of all its holdings.

Since May 31, 2018, it had 0 insider purchases, and 2 selling transactions for $371,011 activity. KOLB JURGEN DR also sold $230,186 worth of Steel Dynamics, Inc. (NASDAQ:STLD) on Thursday, June 7.

Analysts expect Steel Dynamics, Inc. (NASDAQ:STLD) to report $1.39 EPS on July, 18.They anticipate $0.76 EPS change or 120.63 % from last quarter’s $0.63 EPS. STLD’s profit would be $327.94M giving it 8.85 P/E if the $1.39 EPS is correct. After having $0.96 EPS previously, Steel Dynamics, Inc.’s analysts see 44.79 % EPS growth. The stock decreased 1.21% or $0.6 during the last trading session, reaching $49.18. About 2.13 million shares traded. Steel Dynamics, Inc. (NASDAQ:STLD) has risen 43.55% since June 14, 2017 and is uptrending. It has outperformed by 30.98% the S&P500.

Steel Dynamics, Inc. (NASDAQ:STLD) Ratings Coverage

Among 12 analysts covering Steel Dynamics (NASDAQ:STLD), 10 have Buy rating, 0 Sell and 2 Hold. Therefore 83% are positive. Steel Dynamics had 17 analyst reports since December 18, 2017 according to SRatingsIntel. The firm earned “Buy” rating on Monday, February 5 by Cowen & Co. The rating was maintained by Credit Suisse with “Outperform” on Wednesday, January 24. Jefferies maintained Steel Dynamics, Inc. (NASDAQ:STLD) rating on Tuesday, January 9. Jefferies has “Buy” rating and $53.0 target. The stock has “Buy” rating by BMO Capital Markets on Tuesday, January 23. The stock of Steel Dynamics, Inc. (NASDAQ:STLD) has “Buy” rating given on Thursday, March 29 by Deutsche Bank. The stock of Steel Dynamics, Inc. (NASDAQ:STLD) has “Buy” rating given on Wednesday, January 24 by Cowen & Co. The rating was maintained by Morgan Stanley on Tuesday, April 17 with “Equal-Weight”. Cowen & Co maintained the shares of STLD in report on Thursday, April 19 with “Buy” rating. The firm has “Buy” rating by Cowen & Co given on Monday, December 18. The firm has “Buy” rating by Citigroup given on Tuesday, April 24.

Steel Dynamics, Inc., together with its subsidiaries, engages in the steel products manufacturing and metals recycling businesses in the United States and internationally. The company has market cap of $11.60 billion. The firm operates through Steel Operations, Metals Recycling Operations, Steel Fabrication Operations, and Other divisions. It has a 14.06 P/E ratio. The Steel Operations segment provides a range of sheet steel products, such as hot roll, cold roll, and coated steel products; structural steel beams and pilings to construction market; various rail products for the railroad industry; rounds, round-cornered squares, and round engineered bars; threaded rod products, and cold drawn and heat treated bars; angles, merchant rounds, flats and channels, and reinforcing bar; and beams, channels, and specialty steel sections.

Another recent and important Steel Dynamics, Inc. (NASDAQ:STLD) news was published by Finance.Yahoo.com which published an article titled: “US Steel Corporation Is Primed for a Massive Breakout” on June 13, 2018.

Steel Dynamics, Inc. (NASDAQ:STLD) Institutional Positions Chart

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