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Steel Dynamics (STLD) Stock Drops Despite Market Gains: Important Facts to Note
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In the latest trading session, Steel Dynamics (STLD - Free Report) closed at $171.83, marking a -2.4% move from the previous day. This move lagged the S&P 500's daily gain of 0.64%. Elsewhere, the Dow saw an upswing of 1.23%, while the tech-heavy Nasdaq appreciated by 0.69%.
The stock of steel producer and metals recycler has risen by 6.56% in the past month, leading the Basic Materials sector's gain of 5.72% and the S&P 500's gain of 0.55%.
Analysts and investors alike will be keeping a close eye on the performance of Steel Dynamics in its upcoming earnings disclosure. The company's earnings report is set to go public on January 26, 2026. The company is predicted to post an EPS of $2.09, indicating a 53.68% growth compared to the equivalent quarter last year. In the meantime, our current consensus estimate forecasts the revenue to be $4.6 billion, indicating a 18.69% growth compared to the corresponding quarter of the prior year.
For the full year, the Zacks Consensus Estimates project earnings of $8.27 per share and a revenue of $18.36 billion, demonstrating changes of -15.96% and 0%, respectively, from the preceding year.
Investors might also notice recent changes to analyst estimates for Steel Dynamics. These revisions typically reflect the latest short-term business trends, which can change frequently. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 2.02% higher. Right now, Steel Dynamics possesses a Zacks Rank of #3 (Hold).
Looking at its valuation, Steel Dynamics is holding a Forward P/E ratio of 13.01. This represents a premium compared to its industry average Forward P/E of 10.52.
We can additionally observe that STLD currently boasts a PEG ratio of 0.73. 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 the market closed yesterday, the Steel - Producers industry was having an average PEG ratio of 0.54.
The Steel - Producers industry is part of the Basic Materials sector. With its current Zacks Industry Rank of 107, this industry ranks in the top 44% of all industries, numbering over 250.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.
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Steel Dynamics (STLD) Stock Drops Despite Market Gains: Important Facts to Note
In the latest trading session, Steel Dynamics (STLD - Free Report) closed at $171.83, marking a -2.4% move from the previous day. This move lagged the S&P 500's daily gain of 0.64%. Elsewhere, the Dow saw an upswing of 1.23%, while the tech-heavy Nasdaq appreciated by 0.69%.
The stock of steel producer and metals recycler has risen by 6.56% in the past month, leading the Basic Materials sector's gain of 5.72% and the S&P 500's gain of 0.55%.
Analysts and investors alike will be keeping a close eye on the performance of Steel Dynamics in its upcoming earnings disclosure. The company's earnings report is set to go public on January 26, 2026. The company is predicted to post an EPS of $2.09, indicating a 53.68% growth compared to the equivalent quarter last year. In the meantime, our current consensus estimate forecasts the revenue to be $4.6 billion, indicating a 18.69% growth compared to the corresponding quarter of the prior year.
For the full year, the Zacks Consensus Estimates project earnings of $8.27 per share and a revenue of $18.36 billion, demonstrating changes of -15.96% and 0%, respectively, from the preceding year.
Investors might also notice recent changes to analyst estimates for Steel Dynamics. These revisions typically reflect the latest short-term business trends, which can change frequently. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 2.02% higher. Right now, Steel Dynamics possesses a Zacks Rank of #3 (Hold).
Looking at its valuation, Steel Dynamics is holding a Forward P/E ratio of 13.01. This represents a premium compared to its industry average Forward P/E of 10.52.
We can additionally observe that STLD currently boasts a PEG ratio of 0.73. 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 the market closed yesterday, the Steel - Producers industry was having an average PEG ratio of 0.54.
The Steel - Producers industry is part of the Basic Materials sector. With its current Zacks Industry Rank of 107, this industry ranks in the top 44% of all industries, numbering over 250.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.