CMC
Price
$62.65
Change
+$0.41 (+0.66%)
Updated
Nov 11 closing price
62 days until earnings call
NUE
Price
$159.06
Change
+$0.22 (+0.14%)
Updated
Nov 11 closing price
84 days until earnings call
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CMC vs NUE

Header iconCMC vs NUE Comparison
Open Charts CMC vs NUEBanner chart's image
Commercial Metals
Price$62.65
Change+$0.41 (+0.66%)
Volume$1.14M
CapitalizationN/A
Nucor
Price$159.06
Change+$0.22 (+0.14%)
Volume$2.14M
CapitalizationN/A
CMC vs NUE Comparison Chart
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CMC
Daily Signalchanged days ago
Gain/Loss if shorted
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NUE
Daily Signalchanged days ago
Gain/Loss if shorted
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CMC vs. NUE commentary
Nov 12, 2024

To compare these two companies we present long-term analysis, their fundamental ratings and make comparative short-term technical analysis which are presented below. The conclusion is CMC is a Buy and NUE is a Buy.

COMPARISON
Comparison
Nov 12, 2024
Stock price -- (CMC: $62.65 vs. NUE: $159.06)
Brand notoriety: CMC: Not notable vs. NUE: Notable
Both companies represent the Steel industry
Current volume relative to the 65-day Moving Average: CMC: 116% vs. NUE: 116%
Market capitalization -- CMC: $7.14B vs. NUE: $37.35B
CMC [@Steel] is valued at $7.14B. NUE’s [@Steel] market capitalization is $37.35B. The market cap for tickers in the [@Steel] industry ranges from $37.35B to $0. The average market capitalization across the [@Steel] industry is $5.31B.

Long-Term Analysis

It is best to consider a long-term outlook for a ticker by using Fundamental Analysis (FA) ratings. The rating of 1 to 100, where 1 is best and 100 is worst, is divided into thirds. The first third (a green rating of 1-33) indicates that the ticker is undervalued; the second third (a grey number between 34 and 66) means that the ticker is valued fairly; and the last third (red number of 67 to 100) reflects that the ticker is undervalued. We use an FA Score to show how many ratings show the ticker to be undervalued (green) or overvalued (red).

CMC’s FA Score shows that 3 FA rating(s) are green whileNUE’s FA Score has 3 green FA rating(s).

  • CMC’s FA Score: 3 green, 2 red.
  • NUE’s FA Score: 3 green, 2 red.
According to our system of comparison, CMC is a better buy in the long-term than NUE.

Short-Term Analysis

It is best to consider a short-term outlook for a ticker by using Technical Analysis (TA) indicators. We use Odds of Success as the percentage of outcomes which confirm successful trade signals in the past.

If the Odds of Success (the likelihood of the continuation of a trend) for each indicator are greater than 50%, then the generated signal is confirmed. A green percentage from 90% to 51% indicates that the ticker is in a bullish trend. A red percentage from 90% - 51% indicates that the ticker is in a bearish trend. All grey percentages are below 50% and are considered not to confirm the trend signal.

CMC’s TA Score shows that 5 TA indicator(s) are bullish while NUE’s TA Score has 6 bullish TA indicator(s).

  • CMC’s TA Score: 5 bullish, 4 bearish.
  • NUE’s TA Score: 6 bullish, 4 bearish.
According to our system of comparison, NUE is a better buy in the short-term than CMC.

Price Growth

CMC (@Steel) experienced а +16.10% price change this week, while NUE (@Steel) price change was +11.54% for the same time period.

The average weekly price growth across all stocks in the @Steel industry was +4.22%. For the same industry, the average monthly price growth was +4.34%, and the average quarterly price growth was -3.61%.

Reported Earning Dates

CMC is expected to report earnings on Jan 13, 2025.

NUE is expected to report earnings on Feb 04, 2025.

Industries' Descriptions

@Steel (+4.22% weekly)

The steel industry includes manufacturers of steel and steel-related products. Companies use iron ore and scrap steel to produce steel. The industry also includes companies involved in mining and marketing of steel products. Along with serving some of the domestic markets, U.S. steel output has, over the years, been used by international economies as well. Competition from imported steel has also increased over time. The industry could be susceptible to business cycles, since the element is an important input in industrial production. Some of the globally-renowned steel behemoths include Nucor Corporation, Vale, and ArcelorMittal SA.

SUMMARIES
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FUNDAMENTALS
Fundamentals
NUE($37.3B) has a higher market cap than CMC($7.14B). NUE (15.31) and CMC (15.13) have similar P/E ratio . CMC YTD gains are higher at: 26.826 vs. NUE (-7.700). NUE has higher annual earnings (EBITDA): 6.23B vs. CMC (964M). CMC has more cash in the bank: 858M vs. NUE (506M). CMC has less debt than NUE: CMC (1.19B) vs NUE (6.89B). NUE has higher revenues than CMC: NUE (32.7B) vs CMC (7.93B).
CMCNUECMC / NUE
Capitalization7.14B37.3B19%
EBITDA964M6.23B15%
Gain YTD26.826-7.700-348%
P/E Ratio15.1315.3199%
Revenue7.93B32.7B24%
Total Cash858M506M170%
Total Debt1.19B6.89B17%
FUNDAMENTALS RATINGS
CMC vs NUE: Fundamental Ratings
CMC
NUE
OUTLOOK RATING
1..100
1768
VALUATION
overvalued / fair valued / undervalued
1..100
16
Undervalued
14
Undervalued
PROFIT vs RISK RATING
1..100
919
SMR RATING
1..100
6353
PRICE GROWTH RATING
1..100
4252
P/E GROWTH RATING
1..100
815
SEASONALITY SCORE
1..100
n/a50

Tickeron ratings are formulated such that a rating of 1 designates the most successful stocks in a given industry, while a rating of 100 points to the least successful stocks for that industry.

NUE's Valuation (14) in the Steel industry is in the same range as CMC (16) in the Metal Fabrication industry. This means that NUE’s stock grew similarly to CMC’s over the last 12 months.

CMC's Profit vs Risk Rating (9) in the Metal Fabrication industry is in the same range as NUE (19) in the Steel industry. This means that CMC’s stock grew similarly to NUE’s over the last 12 months.

NUE's SMR Rating (53) in the Steel industry is in the same range as CMC (63) in the Metal Fabrication industry. This means that NUE’s stock grew similarly to CMC’s over the last 12 months.

CMC's Price Growth Rating (42) in the Metal Fabrication industry is in the same range as NUE (52) in the Steel industry. This means that CMC’s stock grew similarly to NUE’s over the last 12 months.

CMC's P/E Growth Rating (8) in the Metal Fabrication industry is in the same range as NUE (15) in the Steel industry. This means that CMC’s stock grew similarly to NUE’s over the last 12 months.

TECHNICAL ANALYSIS
Technical Analysis
CMCNUE
RSI
ODDS (%)
Bearish Trend 1 day ago
70%
Bearish Trend 1 day ago
59%
Stochastic
ODDS (%)
Bearish Trend 1 day ago
65%
Bearish Trend 1 day ago
52%
Momentum
ODDS (%)
Bullish Trend 1 day ago
79%
Bullish Trend 1 day ago
72%
MACD
ODDS (%)
Bullish Trend 1 day ago
73%
Bullish Trend 1 day ago
80%
TrendWeek
ODDS (%)
Bullish Trend 1 day ago
75%
Bullish Trend 1 day ago
76%
TrendMonth
ODDS (%)
Bullish Trend 1 day ago
73%
Bullish Trend 1 day ago
76%
Advances
ODDS (%)
Bullish Trend 1 day ago
76%
Bullish Trend 7 days ago
76%
Declines
ODDS (%)
Bearish Trend 13 days ago
65%
Bearish Trend 5 days ago
67%
BollingerBands
ODDS (%)
Bearish Trend 1 day ago
67%
Bearish Trend 1 day ago
65%
Aroon
ODDS (%)
Bullish Trend 1 day ago
71%
Bullish Trend 1 day ago
75%
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CMC
Daily Signalchanged days ago
Gain/Loss if shorted
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NUE
Daily Signalchanged days ago
Gain/Loss if shorted
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NUE and

Correlation & Price change

A.I.dvisor indicates that over the last year, NUE has been closely correlated with STLD. These tickers have moved in lockstep 85% of the time. This A.I.-generated data suggests there is a high statistical probability that if NUE jumps, then STLD could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To NUE
1D Price
Change %
NUE100%
+0.14%
STLD - NUE
85%
Closely correlated
-0.50%
CLF - NUE
75%
Closely correlated
-2.72%
CMC - NUE
72%
Closely correlated
+0.66%
RS - NUE
67%
Closely correlated
+0.80%
ZEUS - NUE
55%
Loosely correlated
+3.10%
More