Nucor (NUE) Stock May Be 34% Undervalued Despite Strong Q3 Earnings
Published . Updated .
Market Call
Think this story will push the stock up or down over the next three trading days? Make a free call and see what other readers think. Points are play money with no cash value.
Get these market calls by email
The week's biggest market-moving stories, Congress trades and Trump posts, with the tickers they touch. Free, one email a week.
Free. We only use your email to send the digest, never sell or share it, and every email has a one-click unsubscribe link. See our privacy policy.
This report does not map to a usual set of affected companies.
Directly affected
- NUE Nucor
Named in this report.
Indirectly affected
- XLB Materials Select Sector SPDR
Materials Select Sector SPDR holds the materials sector that Nucor belongs to, so it often moves with news about it.
- STLD Steel Dynamics
Steel Dynamics is a peer of Nucor in steel works, blast furnaces and rolling mills (coke ovens); rivals often move on the same news.
- CRS Carpenter Technology
Carpenter Technology is a peer of Nucor in steel works, blast furnaces and rolling mills (coke ovens); rivals often move on the same news.
- MT ArcelorMittal S.A
ArcelorMittal S.A is a peer of Nucor in steel works, blast furnaces and rolling mills (coke ovens); rivals often move on the same news.
- TS Tenaris S.A
Tenaris S.A is a peer of Nucor in steel works, blast furnaces and rolling mills (coke ovens); rivals often move on the same news.
- PKX POSCO Holdings
POSCO Holdings is a peer of Nucor in steel works, blast furnaces and rolling mills (coke ovens); rivals often move on the same news.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| NUE | -2.49% | -0.91% | base | -1.46% | -3.46% | -11.49% | -11.47% |
| XLB | -3.46% | -2.12% | base | -2.03% | +0.41% | -2.74% | -2.88% |
| STLD | -1.97% | +0.68% | base | -1.71% | -4.66% | -11.94% | -11.15% |
| CRS | -0.77% | +2.74% | base | +2.07% | +0.53% | -4.03% | -3.75% |
| MT | -0.20% | +0.92% | base | -1.29% | +2.09% | -1.36% | -0.38% |
| TS | +4.07% | +5.83% | base | -0.62% | -3.42% | -2.43% | +1.56% |
| PKX | +1.13% | -0.97% | base | -3.60% | +0.45% | -5.52% | -5.00% |
Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.
Nucor (NUE) Stock May Be 34% Undervalued Despite Strong Q3 Earnings Yahoo Finance
Source: Yahoo Finance
This story
| Company | When | Move | Status |
|---|---|---|---|
| CRS | that day | +2.07% | final price |
| CRS | the next day | +0.53% | final price |
| CRS | two days later | -4.03% | final price |
| CRS | three days later | -3.75% | final price |
| CRS | three days earlier | +2.74% | final price |
| CRS | five days earlier | -0.77% | final price |
| MT | that day | -1.29% | final price |
| MT | the next day | +2.09% | final price |
| MT | two days later | -1.36% | final price |
| MT | three days later | -0.38% | final price |
| MT | three days earlier | +0.92% | final price |
| MT | five days earlier | -0.20% | final price |
| NUE | that day | -1.46% | final price |
| NUE | the next day | -3.46% | final price |
| NUE | two days later | -11.49% | final price |
| NUE | three days later | -11.47% | final price |
| NUE | three days earlier | -0.91% | final price |
| NUE | five days earlier | -2.49% | final price |
| PKX | that day | -3.60% | final price |
| PKX | the next day | +0.45% | final price |
| PKX | two days later | -5.52% | final price |
| PKX | three days later | -5.00% | final price |
| PKX | three days earlier | -0.97% | final price |
| PKX | five days earlier | +1.13% | final price |
| STLD | that day | -1.71% | final price |
| STLD | the next day | -4.66% | final price |
| STLD | two days later | -11.94% | final price |
| STLD | three days later | -11.15% | final price |
| STLD | three days earlier | +0.68% | final price |
| STLD | five days earlier | -1.97% | final price |
| TS | that day | -0.62% | final price |
| TS | the next day | -3.42% | final price |
| TS | two days later | -2.43% | final price |
| TS | three days later | +1.56% | final price |
| TS | three days earlier | +5.83% | final price |
| TS | five days earlier | +4.07% | final price |
| XLB | that day | -2.03% | final price |
| XLB | the next day | +0.41% | final price |
| XLB | two days later | -2.74% | final price |
| XLB | three days later | -2.88% | final price |
| XLB | three days earlier | -2.12% | final price |
| XLB | five days earlier | -3.46% | final price |
This story
Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).
This story
12 out of 100
“Nucor (NUE) Stock May Be 34% Undervalued Despite Strong Q3 Earnings” scores 12 out of 100. The score uses 1 sources.