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

June 15, 2018 - By Louis Casey

Steel Dynamics, Inc. (NASDAQ:STLD) LogoInvestors sentiment increased to 1.08 in 2018 Q1. Its up 0.11, from 0.97 in 2017Q4. It increased, 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.
Lingohr And Partner Asset Mgmt Gmbh stated it has 33,229 shares. Putnam Investments Limited Liability Com reported 0.01% of its portfolio in Steel Dynamics, Inc. (NASDAQ:STLD). First Mercantile invested 0.03% of its portfolio in Steel Dynamics, Inc. (NASDAQ:STLD). Nelson Van Denburg Campbell Wealth Mngmt Limited Company holds 0.05% of its portfolio in Steel Dynamics, Inc. (NASDAQ:STLD) for 4,934 shares. Lyons Wealth Limited Company accumulated 1.03% or 15,424 shares. Mckinley Capital Management Ltd Com Delaware holds 0.02% or 5,890 shares. Retirement Sys Of Alabama reported 426,526 shares. Stratos Wealth Prns owns 2,484 shares or 0% of their US portfolio. Parametric Ltd Liability Corporation accumulated 513,014 shares. Cookson Peirce And Commerce reported 195,380 shares. National Bank & Trust Of Nova Scotia holds 0.01% in Steel Dynamics, Inc. (NASDAQ:STLD) or 64,400 shares. Union Bankshares Corporation reported 9,514 shares. Assoc holds 0.92% or 13,500 shares in its portfolio. Samlyn Cap Ltd Liability Co holds 0.64% or 654,665 shares. Meeder Asset Mgmt holds 0.15% in Steel Dynamics, Inc. (NASDAQ:STLD) or 36,229 shares.

Since May 31, 2018, it had 0 insider purchases, and 4 insider sales for $1.24 million activity. 2,804 shares valued at $140,825 were sold by Wagler Theresa E on Thursday, May 31. KOLB JURGEN DR sold $685,952 worth of stock.

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 8.81 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 0.35% or $0.17 during the last trading session, reaching $49.01. About 1.95 million shares traded. Steel Dynamics, Inc. (NASDAQ:STLD) has risen 43.55% since June 15, 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), 9 have Buy rating, 0 Sell and 3 Hold. Therefore 75% are positive. Steel Dynamics had 18 analyst reports since December 18, 2017 according to SRatingsIntel. The firm has “Buy” rating given on Monday, February 5 by Cowen & Co. The firm has “Outperform” rating given on Wednesday, January 24 by Credit Suisse. The stock has “Buy” rating by Jefferies on Tuesday, January 9. The rating was upgraded by Longbow to “Buy” on Wednesday, December 20. As per Monday, January 8, the company rating was maintained by Bank of America. BMO Capital Markets maintained the shares of STLD in report on Tuesday, January 23 with “Buy” rating. The firm earned “Buy” rating on Tuesday, January 23 by Jefferies. KeyBanc Capital Markets maintained Steel Dynamics, Inc. (NASDAQ:STLD) rating on Wednesday, January 10. KeyBanc Capital Markets has “Buy” rating and $49.0 target. The rating was maintained by Cowen & Co on Monday, December 18 with “Buy”. The firm has “Buy” rating given on Tuesday, April 24 by Citigroup.

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 $11.56 billion. The firm operates through Steel Operations, Metals Recycling Operations, Steel Fabrication Operations, and Other divisions. It has a 14.01 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.

More news for Steel Dynamics, Inc. (NASDAQ:STLD) were recently published by: 247Wallst.com, which released: “Top Analyst Upgrades and Downgrades: Capital One, Hewlett Packard Enterprises, Kohl’s, Roku, Spotify, Steel …” on June 14, 2018. Benzinga.com‘s article titled: “Benzinga’s Top Upgrades, Downgrades For June 14, 2018” and published on June 14, 2018 is yet another important article.

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

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