Steel Dynamics (STLD) Earning Somewhat Positive Press Coverage, Accern Reports

Headlines about Steel Dynamics (NASDAQ:STLD) have trended somewhat positive this week, according to Accern. Accern ranks the sentiment of news coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Steel Dynamics earned a media sentiment score of 0.19 on Accern’s scale. Accern also gave media headlines about the basic materials company an impact score of 47.1508148513978 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.

Here are some of the news stories that may have impacted Accern Sentiment Analysis’s rankings:

Steel Dynamics (STLD) traded up $2.26 during trading hours on Monday, hitting $49.40. The company’s stock had a trading volume of 6,324,300 shares, compared to its average volume of 2,624,088. The stock has a market capitalization of $11,710.00, a P/E ratio of 11.96, a P/E/G ratio of 1.07 and a beta of 1.34. Steel Dynamics has a 12-month low of $32.15 and a 12-month high of $49.67. The company has a current ratio of 4.04, a quick ratio of 2.29 and a debt-to-equity ratio of 0.74.

STLD has been the subject of several research reports. Zacks Investment Research lowered Steel Dynamics from a “hold” rating to a “sell” rating in a report on Tuesday, December 26th. Morgan Stanley set a $36.00 price objective on Steel Dynamics and gave the company a “hold” rating in a report on Tuesday, October 24th. Jefferies Group reissued a “buy” rating and set a $53.00 price objective on shares of Steel Dynamics in a report on Thursday, January 11th. Longbow Research raised Steel Dynamics from a “neutral” rating to a “buy” rating in a report on Wednesday, December 20th. Finally, BidaskClub raised Steel Dynamics from a “buy” rating to a “strong-buy” rating in a report on Saturday, January 6th. Four equities research analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average target price of $46.64.

ILLEGAL ACTIVITY NOTICE: “Steel Dynamics (STLD) Earning Somewhat Positive Press Coverage, Accern Reports” was published by Sports Perspectives and is the property of of Sports Perspectives. If you are viewing this story on another domain, it was stolen and republished in violation of United States and international copyright law. The original version of this story can be accessed at

About Steel Dynamics

Steel Dynamics, Inc is a steel producing and a metal recycling company. The Company is engaged in the manufacture and sale of steel products, processing and sale of recycled ferrous and nonferrous metals, and fabrication and sale of steel joists and deck products. Its segments include steel operations, metals recycling operations, steel fabrication operations and Other Operations.

Insider Buying and Selling by Quarter for Steel Dynamics (NASDAQ:STLD)

Receive News & Ratings for Steel Dynamics Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Steel Dynamics and related companies with's FREE daily email newsletter.

Leave a Reply