FMP
Sep 15, 2021 6:53 PM - Davit Kirakosyan
Shares of Steel Dynamics, Inc. (NASDAQ:STLD) are trading around 4% higher today following the company’s Q3 guidance with expected EPS in the range of $4.78 to $4.82.
Analysts at Deutsche Bank raised their price target on the company’s shares to $98 from $72. While concerns of an anticipated correction in steel product pricing likely weighed on the share price (underperforming peers over the last 6 months), the analysts think the company is uniquely positioned with its lagged flow through of spot steel pricing, impressive WC management and the fact that costs are largely contained through its captive iron ore.
Since May, steel equities have largely looked through the earnings upgrades as investors have tried to avoid getting involved at the cyclical peak. This has left the sector on highly attractive valuation metrics, and although Deutsche Bank doesn't disagree that steel prices are likely to come off (from historical highs), it expects several drivers to support margins materially above mid-cycle levels for the next 2-3 years.
Sep 11, 2023 - Rajnish Katharotiya
During this post we are going to perform an industry analysis with Python. We will build, analyse and compare all stocks operating within an industry. To do so, we will pick an industry and get all important financial metrics for companies operating in that industry. Then, we will use a couple of fi...
Sep 11, 2023 - Rajnish Katharotiya
Price to Earnings is one of the key metrics use to value companies using multiples. The P/E ratio and other multiples are relative valuation metrics and they cannot be looked at in isolation. One of the problems with the P/E metric is the fact that if we are in the peak of a business cycle, earni...
Sep 11, 2023 - Rajnish Katharotiya
Would you like to know how your portfolio is performing and how much risk you are taking? In this post, you will learn how to measure portfolio risk and calculate portfolio returns using Python. We will see step by step how to calculate the risk and returns of a portfolio containing four stocks Appl...