Nucor Corporation (NUE)
Nucor Corporation Beneish M-Score: -2.633
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NUE Beneish M-Score Rankings
| Overall | 52nd percentile | 1784 of 3770 |
| Sector | 63rd percentile | 144 of 393 in Basic Materials |
| Industry | 82nd percentile | 5 of 28 in Steel & Iron |
NUE Beneish M-Score Range, Past 5 Years
| Minimum | -2.796 | Dec 2010 |
| Maximum | 3.438 | Dec 2009 |
| Average | -1.075 |
About Beneish M Score
The Beneish M Score helps to uncover companies who are likely to be manipulating their reported earnings. Companies with a higher score are more likely to be manipulators. This is a probabilistic model, so it will not detect manipulators with 100% accuracy.
The best cut-off point depends on the costs mistakenly classifying in one of two ways:
1) Classifying firm that is manipulating earnings as a non-manipulator (Type I error), and
2) Classifying a firm as a manipulator when it actually was not manipulating (Type II Error).
Here are optimal cut-offs according to Beneish, presented as the score followed by the cost of Type I error relative to cost of Type II error):
M Score HTML Table:
| Score | Relative Error Costs (Type I:Type II) |
|---|---|
| M Score > -1.49 | (10:1) | M Score > -1.78 | (20:1) | M Score > -1.89 | (40+:1) |
Beneish excluded financial institutions from his sample when calculating the M-Score, so extreme care should be taken when looking at M-Scores of financial firms - their business models are different from the manufacturing and other service firms that Beneish used in his study.
If you want more details, here is the original Beneish M Score Paper, or you can learn about our calculation by clicking "Learn More" below.
Learn More
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NUE News
Analyst Research on Nucor Corporation and Mechel OAO - Mixed Results for Steel and Iron Industry
May 24, 8:25AM Marketwire
May 24, 8:25AM Marketwire
PilePro LLC Prevails In Litigation Affirming Its Ownership Of Leading-Edge Technology
May 23, 8:30AM PR Newswire
May 23, 8:30AM PR Newswire
@DigDugTrader Not hitting the transports yet...? $X $AKS $NUE $MT $CMC
about 10 days ago by TrendHopper
about 10 days ago by TrendHopper
@jaycee $NUE is a great comp, I would even add here, and then again if it ever got down near $30, if long term. It is best of breed
about 14 days ago by Templec4
about 14 days ago by Templec4
steel sector $X $AKS $STLD $NUE. Major fail.... just shaking my head
about 15 days ago by Jazzstocks
about 15 days ago by Jazzstocks
$NUE working to top point here. with a low atr I expect it to stop at the 39.90 level. will hold 1/2 if close > 39.40
about 30 days ago by Liquid_Trader
about 30 days ago by Liquid_Trader
Steel sinks, here is your level... $X $NUE $STLD $AKS http://chart.ly/sdqcg4i
about 37 days ago by InTheMoneyStocks
about 37 days ago by InTheMoneyStocks
News related to $NUE, currently -0.8% since open: 'US Steel posts 1Q loss on Serbian plant sale' http://stks.co/3Tqt
about 37 days ago by TradeBot
about 37 days ago by TradeBot
Our algo went short March 29th NUE, April 19th we went from a hold to sell, not oversold. $NUE http://chart.ly/7gkdyrd
about 39 days ago by ChartLabPro
about 39 days ago by ChartLabPro
$NUE http://stks.co/3QcO Earnings out of the way. What now? Expect a little bounce (support). If breaks, 38 comes quick.
about 41 days ago by OperationStackola
about 41 days ago by OperationStackola
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 |