Home Sectors Basic Materials Stock Watch: Steel Dynamics (NASDAQ: STLD)

Stock Watch: Steel Dynamics (NASDAQ: STLD)


Steel Dynamics trades as part of the steel industry and basic materials sector. The company CEO is Mark D. Millett. Steel Dynamics Inc is a steel producers and metal recycler in the United States. The company produces steel sheet products, long products and steel finishing products. It also operates metals recycling and steel fabrication business.

Previous Intraday Trading Performance:

The STLD stock showed a previous change of 1.28% with an open at 47.06 and a close of 47.41. It reached an intraday high of 47.70 and a low of 46.77.

PR Newswire:  Steel Dynamics Announces Second Quarter 2018 Earnings Conference Call and Webcast


The stock has a market cap of $11.2b with 235.9m shares outstanding, of which the float is 222.0m shares. Trading volume reached 1,421,069 shares compared to its average volume of 2,134,221 shares. Based on the current average volume and close price, the trading liquidity is good.

Historical Trading Performance:

Over the last five trading days, Steel Dynamics shares returned 4.84% and in the past 30 trading days it returned -2.17%. Over three months, it changed 5.44%. In one year it has changed 32.61% and within that year its 52-week high was 52.10 and its 52-week low was 32.20. STLD stock is 47.24% above its 52 Week Low.

Our calculations show a 200 day moving average of 43.31 and a 50 day moving average of 47.86. Currently STLD stock is trading 9.47% above its 200 day moving average.

PR Newswire:  Steel Dynamics Announces Second Quarter 2018 Earnings Conference Call and Webcast


The last annual fiscal EPS for the company was reported at 3.36 that ended on 31st of December 2017, which according to the previous close, that is a PE of 14.11. Based on 1 analyst estimate, the estimated EPS for the next quarter is 1.47. The TTM EPS is 2.79, which comes to a TTM PE of 16.99.

The following are the last four quarter reported earnings per share:
03-31-2018:  0.96
12-31-2017:  0.54
09-30-2017:  0.66
06-30-2017:  0.63

The dividend per share is currently 0.75, which is a dividend yield of 1.60%. Also, the payout ratio is 26.88%, therefore the dividend is safe according to our calculations.

Base on our calculations, the intrinsic value per share is 42.75, which means it may be overvalued by -10.89%

Indicators to Watch:

Based on the latest filings, there is 83.20% of institutional ownership. Short-interest is 6,625,686, which is 2.81% of shares outstanding. The short-interest ratio or days-to-cover ratio is 3.02. This stock has some short interest, but it may be normal and no cause for concern if long the position.

The current calculated beta is 1.36

SeekingAlpha:  Notable earnings before Wednesday's open

Fundamental Indicators:

Based on last reported financials, the company's return on equity is 24.04%, return on assets is 11.40%, profit margin is 9.27%, price-to-sales is 1.50 and price-to-book is 3.18.

Company Scores:

All scores are out of six:
 1  :Valuation Score
 6  :Past Performance Score
 5  :Financial Strength Score
 1  :Future Growth Score
 4  :Dividend Score
 3  :Overall Score

John Jones
Worked for several Wall Street firms: Salomon Smith Barney, UBS, and Charles Schwab. Has developed skills and gained extensive experience over the years that is used today to uncover winning penny stocks. Also was an attorney for small businesses in Scottsdale, Arizona. That experience and understanding of law provides a unique perspective and edge in discovering quality companies in various industries.


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