Nucor Corporation (NUE)
Nucor Corporation Altman Z-Score: 3.693
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NUE Altman Z-Score Rankings
| Overall | 64th percentile | 1269 of 3554 |
| Sector | 69th percentile | 115 of 379 in Basic Materials |
| Industry | 76th percentile | 6 of 25 in Steel & Iron |
NUE Altman Z-Score Range, Past 5 Years
| Minimum | 3.434 | Sep 2011 |
| Maximum | 7.554 | Jun 2007 |
| Average | 4.538 |
About Altman Z-Score
CAUTION: The Altman Z-Score is meant to be applied only to manufacturing firms that are near bankruptcy. It was not based on a sample including non-manufacturing firms (service firms, banks, etc.). Use it at your own risk with those companies, but beware that bankruptcy probabilities may be misstated.
The Altman Z-Score helps investors to gauge the probability of a company going bankrupt. Generally, firms with a score above 3.00 have a low probability of bankruptcy, and those with a Z-Score of less than 1.81 have a relatively high probability of bankruptcy.
Note that this is a probabilistic model, so it will not classify perfectly.
The score was first published in a 1968 paper by Edward Altman titled "Financial Ratios, Discriminant Analysis and the Prediction of Corporate Bankruptcy."
Altman re-tested the model in a 2000 paper titled "Predicting financial distress of companies: Revisiting the Z-score and Zeta models". The paper showed that the model still had utility for looking at manufacturers, though the number of misclassifications did increase over time.
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NUE News
May 24, 8:25AM Marketwire
May 23, 8:30AM PR Newswire
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Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| NUE | 35.90 | -0.71 | -1.94% | 11.61B |
| NUCL | 31.31 | +0.16 | +0.52% | |
| NUAN | 20.77 | -0.63 | -2.94% | 6.595B |
| NU | 35.95 | -0.80 | -2.18% | 6.512B |
| NTZ | 2.78 | +0.09 | +3.35% | 151.62M |
| PFE | 22.04 | -0.14 | -0.63% | 167.18B |
| PFD | 13.85 | -0.04 | -0.29% | |
| PFCB | 51.26 | -0.12 | -0.23% | 1.090B |
| PFBCD | 12.32 | +0.28 | +2.33% | |
| PFBC | 12.18 | -0.14 | -1.14% | 162.50M |
