Financial Review: Ossen Innovation (OSN) & Nucor (NUE)
Nucor (NYSE:NUE) and Ossen Innovation (NASDAQ:OSN) are both basic materials companies, but which is the superior stock? We will compare the two companies based on the strength of their earnings, valuation, profitability, risk, analyst recommendations, dividends and institutional ownership.
Institutional and Insider Ownership
77.6% of Nucor shares are owned by institutional investors. Comparatively, 0.4% of Ossen Innovation shares are owned by institutional investors. 0.8% of Nucor shares are owned by insiders. Comparatively, 60.0% of Ossen Innovation shares are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.
This table compares Nucor and Ossen Innovation’s net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
Earnings & Valuation
This table compares Nucor and Ossen Innovation’s top-line revenue, earnings per share and valuation.
|Gross Revenue||Price/Sales Ratio||Net Income||Earnings Per Share||Price/Earnings Ratio|
|Nucor||$25.07 billion||0.75||$2.36 billion||$7.62||7.81|
|Ossen Innovation||$132.38 million||0.08||$5.34 million||N/A||N/A|
Nucor has higher revenue and earnings than Ossen Innovation.
This is a summary of current recommendations for Nucor and Ossen Innovation, as reported by MarketBeat.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
Nucor currently has a consensus price target of $71.40, indicating a potential upside of 20.00%. Given Nucor’s higher possible upside, research analysts plainly believe Nucor is more favorable than Ossen Innovation.
Volatility and Risk
Nucor has a beta of 1.51, indicating that its share price is 51% more volatile than the S&P 500. Comparatively, Ossen Innovation has a beta of 1.88, indicating that its share price is 88% more volatile than the S&P 500.
Nucor pays an annual dividend of $1.60 per share and has a dividend yield of 2.7%. Ossen Innovation does not pay a dividend. Nucor pays out 21.0% of its earnings in the form of a dividend. Nucor has increased its dividend for 45 consecutive years.
Nucor beats Ossen Innovation on 11 of the 14 factors compared between the two stocks.
Nucor Corporation manufactures and sells steel and steel products in the United States and internationally. It operates in three segments: Steel Mills, Steel Products, and Raw Materials. The Steel Mills segment produces hot-rolled, cold-rolled, and galvanized sheet steel products; hollow structural section steel tubing, steel electrical conduit, plate steel, and structural steel products; bar steel products, such as blooms, billets, concrete reinforcing and merchant bars, wire rods, and special bar quality; and tubular and plate steel products. This segment sells its products to steel service centers, fabricators, and manufacturers in automotive, energy, agricultural, heavy equipment, and transportation sectors. The Steel Products segment produces steel joists and joist girders, steel decks, fabricated concrete reinforcing and cold finished steel products, steel fasteners, metal building systems, steel gratings and expanded metal, and wire and wire mesh products to general contractors, fabricators, distributors, and manufacturers. Its products are used by contractors in constructing highways, bridges, reservoirs, utilities, hospitals, schools, airports, stadiums, and high-rise buildings. The Raw Materials segment produces direct reduced iron; processes ferrous and nonferrous metals; brokers ferrous and nonferrous metals, pig iron, hot briquetted iron; supplies ferro-alloys; and processes ferrous and nonferrous scrap metal, as well as engages in the natural gas drilling operations. This segment sells its ferrous scrap to electric arc furnace steel mills and foundries for use in manufacturing process; and nonferrous scrap metal to aluminum can producers, secondary aluminum smelters, steel mills and other processors, and consumers of various nonferrous metals. The company offers its products through its in-house sales forces; and internal distribution and trading companies. The company was founded in 1940 and is based in Charlotte, North Carolina.
About Ossen Innovation
Ossen Innovation Co., Ltd. manufactures and sells various plain surface prestressed steel materials, and rare earth coated and zinc coated prestressed steel materials in the People's Republic of China and internationally. The company offers plain surface products, including plain surface prestressed concrete (PC) strands that are used as precast concrete plates on the riding surface of bridges; and unbonded plain surface PC strands for the construction of bridges and buildings. It also provides plain surface PC wires and indented PC wires, which are used in the construction of buildings; helical rib PC wires for the construction of railway ties or sleepers, and buildings; and coated prestressed products comprising zinc coated PC and rare earth coated PC products. The company markets and sells its products under the Ossen brand name. Ossen Innovation Co., Ltd. also exports its products to the United States, Canada, Spain, Japan, South Korea, Taiwan, Australia, South Africa, Saudi Arabia, and internationally. The company was founded in 2010 and is based in Shanghai, the People's Republic of China.
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