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Steel Dynamics Completes Key Acquisition Sending Shares To New Highs

2014-09-25 22:56:28| Steel - Topix.net

Even if the overall industry does not return to robust levels, management has diversify this business well enough to protect investors from cyclical strain. Over the past three months, shares of Steel Dynamics have soared 37%, beating the 2.7% gain in the S&P 500 during that same span.

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Steel Dynamics' Latest Performance Indicates More Improvement

2014-09-24 00:40:22| Steel - Topix.net

Steel-maker and metal recycler Steel Dynamics posted impressive results for the second quarter that beat the consensus estimates on both the top and bottom lines. The company's results were driven by solid strength for its shipping products that touched a record 1.7 million tons for both flat-rolled and structural, along with rail division that picked up the momentum during the second-quarter 2014.

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Steel Dynamics Given "BB+" Credit Rating

2014-09-22 17:43:17| Steel - Topix.net

Steel Dynamics has earned a "BB+" credit rating from Morningstar . The investment research firm's "BB+" rating indicates that the company is an above-average default risk.

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Steel Dynamics Receives Buy Rating from Goldman Sachs

2014-09-22 17:43:16| Steel - Topix.net

's stock had its "buy" rating reaffirmed by analysts at Goldman Sachs in a research report issued to clients and investors on Monday. They currently have a $30.00 target price on the stock.

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Steel Dynamics Given "Buy" Rating at Jefferies Group

2014-09-22 17:43:15| Steel - Topix.net

's stock had its "buy" rating reiterated by investment analysts at Jefferies Group in a note issued to investors on Monday. They currently have a $29.00 price objective on the stock, up from their previous price objective of $25.00.

Tags: group buy rating steel

 

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