Steel Dynamics Inc's fundamentals are relatively healthy, with an industry-leading ESG disclosure.and its growth potential is high.Its valuation is considered fairly valued, ranking 7 out of 119 in the Metals & Mining industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 188.12.In the medium term, the stock price is expected to trend up.The company has been performing strongly in the stock market over the past month, which is supported by its strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Media Coverage
The current financial score of Steel Dynamics Inc is 7.75, ranking 43 out of 119 in the Metals & Mining industry. Its financial status is stable, and its operating efficiency is average. Its latest quarterly revenue reached 4.41B, representing a year-over-year increase of 14.00%, while its net profit experienced a year-over-year increase of 28.34%.
Key Metrics
The current valuation score of Steel Dynamics Inc is 7.02, ranking 82 out of 119 in the Metals & Mining industry. Its current P/E ratio is 25.23, which is 0.00% below the recent high of 25.23 and 82.09% above the recent low of 4.52.
The current earnings forecast score of Steel Dynamics Inc is 7.71, ranking 60 out of 119 in the Metals & Mining industry. The average price target is 174.00, with a high of 200.09 and a low of 145.45.
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
The current price momentum score of Steel Dynamics Inc is 9.62, ranking 5 out of 119 in the Metals & Mining industry. Currently, the stock price is trading between the resistance level at 214.66 and the support level at 178.33, making it suitable for range-bound swing trading.
The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.
This feature includes nine of the commonly used technical indicators: MACD, RSI, KDJ, StochRSI, ATR, CCI, WR, TRIX and MA. You may also adjust the timeframe depending on your needs.
Please note that technical analysis is only part of investment reference, and there is no absolute standard for using numerical values to assess direction. The results are for reference only, and we are not responsible for the accuracy of the indicator calculations and summaries.
The current institutional shareholding score of Steel Dynamics Inc is 7.00, ranking 15 out of 119 in the Metals & Mining industry. The latest institutional shareholding proportion is 81.61%, representing a quarter-over-quarter decrease of 5.29%. The largest institutional shareholder is The Vanguard, holding a total of 16.96M shares, representing 11.61% of shares outstanding, with 1.58% decrease in holdings.
The U.S. Dollar Index is currently in a neutral state, which has a neutral effect on the Metals & Mining domestic-focused industry. The Dollar Index (DXY) measures the value of the U.S. dollar against a basket of major currencies, including the euro, yen, pound sterling, Canadian dollar, Swedish krona, and Swiss franc. The current risk assessment score of Steel Dynamics Inc is 8.46, ranking 6 out of 119 in the Metals & Mining industry. The company's beta value is 1.44. This indicates that the stock tends to outperform the index during upward trending markets but experiences larger declines during downward trending markets. with an industry-leading ESG disclosure.
