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Steel Dynamics (STLD) Competitors

Steel Dynamics logo
$144.04 +3.80 (+2.71%)
(As of 11/20/2024 ET)

STLD vs. TS, MT, NUE, RS, CRS, X, ATI, CMC, CLF, and WOR

Should you be buying Steel Dynamics stock or one of its competitors? The main competitors of Steel Dynamics include Tenaris (TS), ArcelorMittal (MT), Nucor (NUE), Reliance (RS), Carpenter Technology (CRS), United States Steel (X), ATI (ATI), Commercial Metals (CMC), Cleveland-Cliffs (CLF), and Worthington Enterprises (WOR).

Steel Dynamics vs.

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

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$14.87B1.45$3.92B$4.598.06
Steel Dynamics$18.80B1.17$2.45B$11.0513.04

Tenaris currently has a consensus target price of $38.67, suggesting a potential upside of 4.48%. Steel Dynamics has a consensus target price of $144.29, suggesting a potential upside of 0.17%. Given Tenaris' higher possible upside, equities analysts plainly 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)
2 Buy rating(s)
0 Strong Buy rating(s)
2.20
Steel Dynamics
0 Sell rating(s)
4 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.43

Tenaris has a net margin of 20.23% compared to Steel Dynamics' net margin of 9.80%. Steel Dynamics' return on equity of 19.82% beat Tenaris' return on equity.

Company Net Margins Return on Equity Return on Assets
Tenaris20.23% 15.36% 12.49%
Steel Dynamics 9.80%19.82%11.57%

Tenaris has a beta of 1.43, meaning that its share price is 43% more volatile than the S&P 500. Comparatively, Steel Dynamics has a beta of 1.31, meaning that its share price is 31% more volatile than the S&P 500.

10.5% of Tenaris shares are held by institutional investors. Comparatively, 82.4% of Steel Dynamics shares are held by institutional investors. 0.2% of Tenaris shares are held by insiders. Comparatively, 6.0% of Steel Dynamics shares are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.

Steel Dynamics received 422 more outperform votes than Tenaris when rated by MarketBeat users. Likewise, 67.77% of users gave Steel Dynamics an outperform vote while only 61.94% of users gave Tenaris an outperform vote.

CompanyUnderperformOutperform
TenarisOutperform Votes
415
61.94%
Underperform Votes
255
38.06%
Steel DynamicsOutperform Votes
837
67.77%
Underperform Votes
398
32.23%

Tenaris pays an annual dividend of $1.08 per share and has a dividend yield of 2.9%. Steel Dynamics pays an annual dividend of $1.84 per share and has a dividend yield of 1.3%. Tenaris pays out 23.5% of its earnings in the form of a dividend. Steel Dynamics pays out 16.7% 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 raised its dividend for 12 consecutive years.

In the previous week, Steel Dynamics had 14 more articles in the media than Tenaris. MarketBeat recorded 19 mentions for Steel Dynamics and 5 mentions for Tenaris. Steel Dynamics' average media sentiment score of 1.34 beat Tenaris' score of 0.97 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)
0 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Steel Dynamics
16 Very Positive mention(s)
2 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

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 {thisCompany.Symbol} 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$21.35B$12.63B$2.81B$8.87B
Dividend Yield1.31%2.71%5.26%4.06%
P/E Ratio13.0415.42111.9514.18
Price / Sales1.170.82591,179.7989.42
Price / Cash7.725.8723.1532.79
Price / Book2.461.153.345.12
Net Income$2.45B$1.44B$149.36M$225.99M
7 Day Performance4.52%1.23%0.62%-1.32%
1 Month Performance7.94%4.31%1.41%0.60%
1 Year Performance27.85%13.64%27.46%26.23%

Steel Dynamics Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
STLD
Steel Dynamics
4.6351 of 5 stars
$144.04
+2.7%
$144.29
+0.2%
+28.8%$21.35B$18.80B13.0412,600Insider Trade
Positive News
TS
Tenaris
2.2328 of 5 stars
$37.01
+0.5%
$38.67
+4.5%
+7.5%$21.41B$14.87B8.0629,134Analyst Downgrade
MT
ArcelorMittal
4.0295 of 5 stars
$25.08
-1.6%
$31.17
+24.3%
+4.8%$20.52B$68.28B0.00126,756
NUE
Nucor
4.9423 of 5 stars
$148.17
+2.4%
$190.57
+28.6%
-5.7%$33.97B$34.71B14.3232,000Positive News
RS
Reliance
3.8628 of 5 stars
$313.56
+1.5%
$326.40
+4.1%
+16.2%$16.72B$14.81B17.2215,000
CRS
Carpenter Technology
3.939 of 5 stars
$180.73
-2.0%
$139.60
-22.8%
+164.8%$9.01B$2.76B40.254,600Analyst Revision
Positive News
X
United States Steel
4.7429 of 5 stars
$38.38
-1.3%
$42.80
+11.5%
+12.5%$8.76B$18.05B25.2521,803Options Volume
News Coverage
Positive News
High Trading Volume
ATI
ATI
4.2494 of 5 stars
$57.96
-0.5%
$73.71
+27.2%
+30.0%$8.31B$4.17B22.297,300
CMC
Commercial Metals
3.8609 of 5 stars
$59.75
+0.5%
$65.25
+9.2%
+34.0%$6.77B$7.93B14.4313,178
CLF
Cleveland-Cliffs
2.7165 of 5 stars
$11.67
+2.0%
$17.56
+50.5%
-31.6%$5.76B$22.00B-12.0326,000Options Volume
WOR
Worthington Enterprises
3.2223 of 5 stars
$38.61
+0.3%
$45.00
+16.6%
-41.5%$1.94B$1.25B50.803,800

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This page (NASDAQ:STLD) was last updated on 11/21/2024 by MarketBeat.com Staff
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