Steel Dynamics (STLD) has shown mixed movements recently. There was a 4.9% soaring, but STLD also experienced drops, even when the broader market was gaining.
Czech National Bank and
Banque Cantonale Vaudoise have bought shares, whereas
Alaska Permanent Fund Corp has reduced their stake. Moreover,
PNC Financial Services Group Inc. and the
Vanguard Group Inc. have increased their shareholdings. Despite projections of lower pricing affecting Q2 earnings, they have gone ahead to unveil Q2 2024 earnings guidance. BMO Capital Markets have cut their price target for STLD to $135.00. On the other hand,
Kapitalo Investimentos Ltda continues to hold significant holdings. Over the last five years, the value of investment in STLD has surged by 476%. STLD has seen a 52-week high, with the first quarter 2024 earnings beating estimates. With a strong momentum stock, better than Industry ROE and successfully managing their debt profile, STLD has drawn significant interest.
Steel Dynamics STLD News Analytics from Thu, 09 Nov 2023 08:00:00 GMT to Sat, 22 Jun 2024 21:00:41 GMT -
Rating 4
- Innovation 1
- Information 8
- Rumor -3
