Steel Dynamics (STLD) Competitors

$134.04
+1.01 (+0.76%)
(As of 04/26/2024 ET)

STLD vs. TS, X, CMC, CRS, NUE, MT, TX, CCJ, FNV, and TECK

Should you be buying Steel Dynamics stock or one of its competitors? The main competitors of Steel Dynamics include Tenaris (TS), United States Steel (X), Commercial Metals (CMC), Carpenter Technology (CRS), Nucor (NUE), ArcelorMittal (MT), Ternium (TX), Cameco (CCJ), Franco-Nevada (FNV), and Teck Resources (TECK).

Steel Dynamics vs.

Tenaris (NYSE:TS) and Steel Dynamics (NASDAQ:STLD) are both large-cap industrial products companies, but which is the superior investment? We will compare the two businesses based on the strength of their community ranking, analyst recommendations, dividends, media sentiment, profitability, valuation, earnings, institutional ownership and risk.

Tenaris has a beta of 1.47, meaning that its stock price is 47% more volatile than the S&P 500. Comparatively, Steel Dynamics has a beta of 1.42, meaning that its stock price is 42% more volatile than the S&P 500.

Steel Dynamics received 425 more outperform votes than Tenaris when rated by MarketBeat users. Likewise, 68.36% of users gave Steel Dynamics an outperform vote while only 61.88% of users gave Tenaris an outperform vote.

CompanyUnderperformOutperform
TenarisOutperform Votes
409
61.88%
Underperform Votes
252
38.12%
Steel DynamicsOutperform Votes
834
68.36%
Underperform Votes
386
31.64%

In the previous week, Steel Dynamics had 25 more articles in the media than Tenaris. MarketBeat recorded 33 mentions for Steel Dynamics and 8 mentions for Tenaris. Tenaris' average media sentiment score of 1.10 beat Steel Dynamics' score of 0.80 indicating that Steel Dynamics is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Tenaris
2 Very Positive mention(s)
1 Positive mention(s)
4 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Steel Dynamics
19 Very Positive mention(s)
6 Positive mention(s)
2 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Positive

Tenaris pays an annual dividend of $1.60 per share and has a dividend yield of 4.6%. Steel Dynamics pays an annual dividend of $1.84 per share and has a dividend yield of 1.4%. Tenaris pays out 26.7% of its earnings in the form of a dividend. Steel Dynamics pays out 12.6% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Tenaris has raised its dividend for 1 consecutive years and Steel Dynamics has raised its dividend for 12 consecutive years.

Tenaris currently has a consensus target price of $41.93, suggesting a potential upside of 21.16%. Steel Dynamics has a consensus target price of $121.17, suggesting a potential downside of 9.60%. Given Steel Dynamics' higher possible upside, analysts clearly believe Tenaris is more favorable than Steel Dynamics.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Tenaris
1 Sell rating(s)
2 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.67
Steel Dynamics
1 Sell rating(s)
4 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.00

10.4% of Tenaris shares are owned by institutional investors. Comparatively, 82.4% of Steel Dynamics shares are owned by institutional investors. 0.2% of Tenaris shares are owned by insiders. Comparatively, 6.0% of Steel Dynamics shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.

Tenaris has a net margin of 24.89% compared to Tenaris' net margin of 12.89%. Tenaris' return on equity of 27.62% beat Steel Dynamics' return on equity.

Company Net Margins Return on Equity Return on Assets
Tenaris24.89% 21.50% 17.58%
Steel Dynamics 12.89%27.62%16.14%

Tenaris has higher earnings, but lower revenue than Steel Dynamics. Tenaris is trading at a lower price-to-earnings ratio than Steel Dynamics, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Tenaris$14.87B1.37$3.92B$6.005.77
Steel Dynamics$18.60B1.14$2.45B$14.569.21

Summary

Steel Dynamics beats Tenaris on 14 of the 21 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding STLD and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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STLD vs. The Competition

MetricSteel DynamicsBlast furnaces & steel mills IndustryMaterials SectorNASDAQ Exchange
Market Cap$21.17B$12.17B$2.89B$7.63B
Dividend Yield1.38%2.67%5.12%3.94%
P/E Ratio9.2115.00145.3319.13
Price / Sales1.140.77902,106.4587.92
Price / Cash7.385.7624.0235.33
Price / Book2.391.093.644.26
Net Income$2.45B$1.63B$176.50M$214.06M
7 Day Performance-2.09%-1.63%0.56%1.88%
1 Month Performance-9.57%-5.42%5.00%-5.70%
1 Year Performance28.95%15.17%144.09%6.72%

Steel Dynamics Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
TS
Tenaris
1.9162 of 5 stars
$37.86
+0.3%
$41.93
+10.8%
+24.4%$22.35B$14.87B5.7029,134News Coverage
Gap Down
X
United States Steel
3.1354 of 5 stars
$37.95
-2.3%
$37.89
-0.2%
+57.7%$8.53B$18.05B10.8121,803Upcoming Earnings
CMC
Commercial Metals
3.7795 of 5 stars
$54.45
-1.2%
$57.67
+5.9%
+15.2%$6.30B$8.80B9.4513,022Short Interest ↑
CRS
Carpenter Technology
3.2682 of 5 stars
$80.52
+2.0%
$81.67
+1.4%
+55.8%$3.98B$2.55B27.864,500Upcoming Earnings
Short Interest ↑
Analyst Revision
NUE
Nucor
4.1325 of 5 stars
$174.64
-8.9%
$192.83
+10.4%
+18.3%$41.91B$34.71B9.7132,000Earnings Report
Analyst Downgrade
Analyst Revision
News Coverage
High Trading Volume
MT
ArcelorMittal
4.1128 of 5 stars
$25.20
-2.4%
$31.00
+23.0%
-10.3%$20.29B$68.28B25.20126,756Upcoming Earnings
TX
Ternium
4.1172 of 5 stars
$42.60
-0.2%
$50.83
+19.3%
+0.2%$8.54B$17.61B12.3834,458Earnings Report
News Coverage
Positive News
CCJ
Cameco
2.8484 of 5 stars
$48.68
+2.9%
$40.25
-17.3%
+85.5%$21.14B$1.92B81.131,931Options Volume
Analyst Revision
News Coverage
Positive News
FNV
Franco-Nevada
2.4266 of 5 stars
$119.38
+1.0%
$148.60
+24.5%
-19.9%$22.96B$1.22B-49.1338Upcoming Earnings
Short Interest ↑
Analyst Revision
News Coverage
TECK
Teck Resources
2.3055 of 5 stars
$45.54
-0.7%
$44.33
-2.6%
+10.3%$23.25B$11.12B13.2812,600Short Interest ↑
Analyst Revision
News Coverage

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This page (NASDAQ:STLD) was last updated on 4/28/2024 by MarketBeat.com Staff

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