Equities analysts predict that Companhia Siderurgica Nacional (NYSE:SID) will announce earnings per share (EPS) of $0.02 for the current fiscal quarter, Zacks reports. Zero analysts have issued estimates for Companhia Siderurgica Nacional’s earnings. The company is expected to report its next earnings report on Monday, January 1st.
According to Zacks, analysts expect that Companhia Siderurgica Nacional will report full-year earnings of $0.19 per share for the current financial year. For the next fiscal year, analysts forecast that the firm will report earnings of $0.17 per share, with EPS estimates ranging from $0.05 to $0.29. Zacks’ earnings per share averages are a mean average based on a survey of research analysts that cover Companhia Siderurgica Nacional.
A number of equities analysts have commented on SID shares. Credit Suisse Group upgraded shares of Companhia Siderurgica Nacional from a “neutral” rating to an “outperform” rating in a report on Monday, June 4th. Zacks Investment Research upgraded shares of Companhia Siderurgica Nacional from a “hold” rating to a “buy” rating and set a $2.25 price objective on the stock in a report on Thursday, July 19th. ValuEngine lowered shares of Companhia Siderurgica Nacional from a “hold” rating to a “sell” rating in a report on Wednesday, August 15th. Finally, Bank of America started coverage on shares of Companhia Siderurgica Nacional in a report on Thursday, August 16th. They issued a “buy” rating on the stock. One analyst has rated the stock with a sell rating, five have given a hold rating and two have issued a buy rating to the stock. The stock has an average rating of “Hold” and an average price target of $2.25.
SID stock traded down $0.11 during trading on Monday, reaching $2.10. The stock had a trading volume of 1,274,900 shares, compared to its average volume of 2,856,073. Companhia Siderurgica Nacional has a 1-year low of $1.91 and a 1-year high of $3.53. The company has a current ratio of 1.25, a quick ratio of 0.76 and a debt-to-equity ratio of 2.99.
The company also recently disclosed a special dividend, which was paid on Friday, September 7th. Shareholders of record on Thursday, August 30th were issued a $0.1618 dividend. The ex-dividend date was Wednesday, August 29th. This is a positive change from Companhia Siderurgica Nacional’s previous special dividend of $0.06.
About Companhia Siderurgica Nacional
Companhia Siderúrgica Nacional operates as an integrated steel producer in Brazil. It operates through five segments: Steel, Mining, Logistics, Cement, and Energy. It produces a line of steel products, including slabs, hot and cold-rolled, galvanized, and tin mill products for the distribution, packaging, automotive, home appliance, and construction industries.
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