Steel Dynamics Inc. (NASDAQ:STLD) currently has a daily average trading volume of 1.32M but it saw 1049630 shares traded in last market. With a market cap of 19.85B USD, the company’s current market price of $128.64 came falling about -2.40 while comparing to the previous closing price of $131.80. In past 52 weeks, the stock remained buoying in the range of price level as high as $151.34 and as low as $98.32. In the recent trading on the day, stock has struck highest price mark of $128.47 while lowest mark touched by it was $133.24.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the BofA Securities which upgraded the stock as “Buy” in its note to investors issued on October 01, 2024, recommending a price target of between $140 and $155 for it. JP Morgan also issued its recommendations for the stock as it upgraded the price target for the stock in the range of between $120 and $131.
Over the week, STLD’s stock price is moving -0.94% down while it is 3.18% when we observe its performance for the past one month. Year-to-date it is 8.92% up and over the past year, the stock is showing an upside performance of 30.27%.
Currently, Steel Dynamics Inc.’s total number of outstanding shares is 160.02M. Company’s return on investment (ROI) stands at 14.76% and return on equity (ROE) at 19.52%. It has a price to earnings ratio (P/E ratio) of 11.65 while having a 13.03 of forward P/E ratio. Stock’s beta reads 1.33. Stock has a price to book (P/B) ratio of 2.19 while price to sale or P/S ratio amounts to 1.11. Its return on asset (ROA) is 11.47% on average.
