Unit (UNT) Hit By SunTrust Robinson Humphrey Downgrade; Nucor (NUE) Sentiment Is 0.93

Among 8 analysts covering Unit (NYSE:UNT), 4 have Buy rating, 0 Sell and 4 Hold. Therefore 50% are positive. Unit has $27.0 highest and $20 lowest target. $24.67’s average target is 27.30% above currents $19.38 stock price. Unit had 22 analyst reports since August 17, 2015 according to SRatingsIntel. The firm has “Hold” rating given on Tuesday, July 18 by Cowen & Co. The firm earned “Hold” rating on Tuesday, October 17 by KLR Group. The stock of Unit Corporation (NYSE:UNT) has “Strong Buy” rating given on Friday, May 6 by Raymond James. SunTrust maintained Unit Corporation (NYSE:UNT) rating on Thursday, November 2. SunTrust has “Buy” rating and $25.0 target. The firm has “Hold” rating given on Friday, September 15 by Cowen & Co. SunTrust maintained the stock with “Buy” rating in Friday, February 23 report. On Thursday, January 18 the stock rating was maintained by Cowen & Co with “Hold”. The stock of Unit Corporation (NYSE:UNT) has “Buy” rating given on Wednesday, August 23 by KLR Group. The firm has “Outperform” rating given on Monday, August 17 by Iberia Capital Partners. The rating was downgraded by KLR Group on Tuesday, July 25 to “Hold”.

Nucor Corporation manufactures and sells steel and steel products in the United States and internationally. The company has market cap of $19.27 billion. It operates in three divisions: Steel Mills, Steel Products, and Raw Materials. It has a 14.79 P/E ratio. The Steel Mills segment produces hot-rolled, cold-rolled, and galvanized sheet steel products; structural steel products, including wide-flange beams, beam blanks, H-piling, and sheet pilings; bar steel products, such as blooms, billets, concrete reinforcing and merchant bars, wire rods, and special bar quality; and tubular and plate steel products.

Unit Corporation, together with its subsidiaries, operates as an oil and natural gas contract drilling firm primarily in the United States. The company has market cap of $1.05 billion. The firm operates through three divisions: Oil and Natural Gas, Contract Drilling, and Mid-Stream. It has a 8.5 P/E ratio. The Oil and Natural Gas segment acquires, explores, develops, and produces oil and natural gas properties primarily located in Oklahoma and Texas, as well as in Arkansas, Colorado, Kansas, Louisiana, Mississippi, Montana, New Mexico, North Dakota, Utah, and Wyoming.

Analysts await Unit Corporation (NYSE:UNT) to report earnings on May, 3. They expect $0.32 EPS, up 113.33% or $0.17 from last year’s $0.15 per share. UNT’s profit will be $17.29 million for 15.14 P/E if the $0.32 EPS becomes a reality. After $0.22 actual EPS reported by Unit Corporation for the previous quarter, Wall Street now forecasts 45.45% EPS growth.

The stock increased 0.78% or $0.15 during the last trading session, reaching $19.38. About 707,672 shares traded or 45.39% up from the average. Unit Corporation (NYSE:UNT) has risen 62.42% since March 27, 2017 and is uptrending. It has outperformed by 45.72% the S&P500.

Investors sentiment decreased to 0.84 in 2017 Q3. Its down 0.31, from 1.15 in 2017Q2. It is negative, as 11 investors sold Unit Corporation shares while 51 reduced holdings. 21 funds opened positions while 50 raised stakes. 49.30 million shares or 2.78% more from 47.97 million shares in 2017Q2 were reported. The Massachusetts-based Geode Cap Lc has invested 0% in Unit Corporation (NYSE:UNT). Northern reported 929,939 shares. Public Employees Retirement Association Of Colorado owns 0% invested in Unit Corporation (NYSE:UNT) for 12,769 shares. Schwab Charles Mgmt owns 605,847 shares. Bokf Na has 0.04% invested in Unit Corporation (NYSE:UNT). The Wisconsin-based Morgan Dempsey Cap Management Ltd Liability Corp has invested 0.54% in Unit Corporation (NYSE:UNT). Guggenheim Ltd Limited Liability Company stated it has 0% of its portfolio in Unit Corporation (NYSE:UNT). Systematic Financial Management Ltd Partnership reported 90,240 shares. Pub Sector Pension Invest Board reported 0% stake. 888,764 are held by National Bank & Trust Of Mellon Corp. Barclays Public Limited Com reported 3,514 shares. California Pub Employees Retirement invested in 0.01% or 226,394 shares. Arizona State Retirement Systems holds 0.01% or 27,449 shares in its portfolio. Tci Wealth Advsr holds 0% or 56 shares in its portfolio. Los Angeles Capital And Equity Research holds 0.02% or 129,550 shares in its portfolio.

The stock increased 1.95% or $1.16 during the last trading session, reaching $60.6. About 2.11M shares traded. Nucor Corporation (NUE) has risen 21.74% since March 27, 2017 and is uptrending. It has outperformed by 5.04% the S&P500.

Since January 1, 0001, it had 0 insider purchases, and 7 insider sales for $8.43 million activity.

Rr Partners Lp holds 5.94% of its portfolio in Nucor Corporation for 1.55 million shares. Bw Gestao De Investimentos Ltda. owns 475,000 shares or 5.37% of their US portfolio. Moreover, Grace & White Inc Ny has 2.45% invested in the company for 210,257 shares. The Florida-based Augustine Asset Management Inc has invested 2.44% in the stock. Palouse Capital Management Inc., a Washington-based fund reported 123,578 shares.

Analysts await Nucor Corporation (NYSE:NUE) to report earnings on April, 19. They expect $1.07 earnings per share, down 3.60% or $0.04 from last year’s $1.11 per share. NUE’s profit will be $340.19 million for 14.16 P/E if the $1.07 EPS becomes a reality. After $0.65 actual earnings per share reported by Nucor Corporation for the previous quarter, Wall Street now forecasts 64.62% EPS growth.