Companhia Siderurgica Nacional [SID] Stock trading around $6.22 per share: What’s Next?

Companhia Siderurgica Nacional [NYSE: SID] loss -8.80% or -0.6 points to close at $6.22 with a heavy trading volume of 5434765 shares. The company report on February 23, 2021 that Companhia Siderurgica Nacional to Host Earnings Call.

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Companhia Siderurgica Nacional (NYSE:SID) will be discussing their earnings results in their 2020 Fourth Quarter Earnings call to be held on February 23, 2021 at 1:00 PM Eastern Time.

To listen to the event live or access a replay of the call – visit

The daily chart for SID points out that the company has recorded 134.72% gains over the past six months.

If we look at the average trading volume of 3.37M shares, SID reached to a volume of 5434765 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here is what top equities market gurus are saying about Companhia Siderurgica Nacional [SID]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for SID shares is $2.74 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on SID stock is a recommendation set at 3.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Goldman have made an estimate for Companhia Siderurgica Nacional shares, keeping their opinion on the stock as Buy, with their previous recommendation back on December 15, 2020. The new note on the price target was released on September 02, 2020, representing the official price target for Companhia Siderurgica Nacional stock.

The Average True Range (ATR) for Companhia Siderurgica Nacional is set at 0.34, with the Price to Sales ratio for SID stock in the period of the last 12 months amounting to 1.70. The Price to Book ratio for the last quarter was 9.28, with the Price to Cash per share for the same quarter was set at 1.17. Price to Free Cash Flow for SID in the course of the last twelve months was 10.09 with Quick ratio for the last quarter at 1.10.

Trading performance analysis for SID stock

Companhia Siderurgica Nacional [SID] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -0.16. With this latest performance, SID shares gained by 1.97% in over the last four-week period, additionally plugging by 134.72% over the last 6 months – not to mention a rise of 141.09% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for SID stock in for the last two-week period is set at 49.86, with the RSI for the last a single of trading hit 47.33, and the three-weeks RSI is set at 51.69 for Companhia Siderurgica Nacional [SID]. The present Moving Average for the last 50 days of trading for this stock 6.20, while it was recorded at 6.50 for the last single week of trading, and 3.68 for the last 200 days.

Companhia Siderurgica Nacional [SID]: A deeper dive into fundamental analysis

Operating Margin for any stock indicates how profitable investing would be, and Companhia Siderurgica Nacional [SID] shares currently have an operating margin of +17.04 and a Gross Margin at +31.28. Companhia Siderurgica Nacional’s Net Margin is presently recorded at +7.03.

Return on Total Capital for SID is now 11.03, given the latest momentum, and Return on Invested Capital for the company is 5.48. Return on Equity for this stock inclined to 18.95, with Return on Assets sitting at 3.64. When it comes to the capital structure of this company, Companhia Siderurgica Nacional [SID] has a Total Debt to Total Equity ratio set at 279.54. Additionally, SID Total Debt to Total Capital is recorded at 73.65, with Total Debt to Total Assets ending up at 55.91. Long-Term Debt to Equity for the company is recorded at 228.81, with the Long-Term Debt to Total Capital now at 60.29.

Reflecting on the efficiency of the workforce at the company, Companhia Siderurgica Nacional [SID] managed to generate an average of $46,707 per employee. Receivables Turnover for the company is 7.28 with a Total Asset Turnover recorded at a value of 0.52.Companhia Siderurgica Nacional’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.10 and a Current Ratio set at 1.40.

Companhia Siderurgica Nacional [SID]: An earnings per share (EPS) analysis

With the latest financial reports released by the company, Companhia Siderurgica Nacional posted 0.17/share EPS, while the average EPS was predicted by analysts to be reported at 0.12/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 41.70%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for SID. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Companhia Siderurgica Nacional go to -3.30%.

An analysis of insider ownership at Companhia Siderurgica Nacional [SID]

There are presently around $212 million, or 2.40% of SID stock, in the hands of institutional investors. The top three institutional holders of SID stocks are: VANGUARD GROUP INC with ownership of 6,918,268, which is approximately -7.288% of the company’s market cap and around 54.50% of the total institutional ownership; CAPITAL GROWTH MANAGEMENT LP, holding 4,870,000 shares of the stock with an approximate value of $30.29 million in SID stocks shares; and DIMENSIONAL FUND ADVISORS LP, currently with $29.48 million in SID stock with ownership of nearly -1.78% of the company’s market capitalization.

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Positions in Companhia Siderurgica Nacional stocks held by institutional investors increased at the end of February and at the time of the February reporting period, where 59 institutional holders increased their position in Companhia Siderurgica Nacional [NYSE:SID] by around 6,646,557 shares. Additionally, 40 investors decreased positions by around 17,075,000 shares, while 11 investors held positions by with 10,309,708 shares. The mentioned changes placed institutional holdings at 34,031,265 shares, according to the latest SEC report filing. SID stock had 32 new institutional investments in for a total of 1,757,313 shares, while 8 institutional investors sold positions of 634,187 shares during the same period.

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