STLD vs. TS, X, CMC, CRS, NUE, MT, TX, WLK, CCJ, and CE
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), Westlake (WLK), Cameco (CCJ), and Celanese (CE).
Steel Dynamics (NASDAQ:STLD) and Tenaris (NYSE:TS) are both large-cap basic materials companies, but which is the better investment? We will contrast the two businesses based on the strength of their valuation, profitability, risk, analyst recommendations, media sentiment, institutional ownership, community ranking, dividends and earnings.
Steel Dynamics currently has a consensus target price of $121.17, suggesting a potential downside of 10.37%. Tenaris has a consensus target price of $41.60, suggesting a potential upside of 21.92%. Given Tenaris' higher possible upside, analysts plainly believe Tenaris is more favorable than Steel Dynamics.
In the previous week, Steel Dynamics had 3 more articles in the media than Tenaris. MarketBeat recorded 9 mentions for Steel Dynamics and 6 mentions for Tenaris. Steel Dynamics' average media sentiment score of 1.48 beat Tenaris' score of -0.05 indicating that Steel Dynamics is being referred to more favorably in the media.
82.4% of Steel Dynamics shares are held by institutional investors. Comparatively, 10.5% of Tenaris shares are held by institutional investors. 6.0% of Steel Dynamics shares are held by company insiders. Comparatively, 0.2% of Tenaris shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.
Steel Dynamics received 424 more outperform votes than Tenaris when rated by MarketBeat users. Likewise, 68.36% of users gave Steel Dynamics an outperform vote while only 61.93% of users gave Tenaris an outperform vote.
Tenaris has lower revenue, but higher earnings 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.
Steel Dynamics pays an annual dividend of $1.84 per share and has a dividend yield of 1.4%. Tenaris pays an annual dividend of $0.80 per share and has a dividend yield of 2.3%. Steel Dynamics pays out 12.6% of its earnings in the form of a dividend. Tenaris pays out 13.3% 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.
Steel Dynamics has a beta of 1.47, meaning that its stock price is 47% more volatile than the S&P 500. Comparatively, Tenaris has a beta of 1.51, meaning that its stock price is 51% more volatile than the S&P 500.
Tenaris has a net margin of 24.89% compared to Steel Dynamics' net margin of 12.89%. Steel Dynamics' return on equity of 27.62% beat Tenaris' return on equity.
Summary
Steel Dynamics beats Tenaris on 11 of the 18 factors compared between the two stocks.
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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.
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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