Companhia Siderúrgica Nacional (SID)

SID Stock Forecast

Stock Price Forecast

The 2 analysts with 12-month price forecasts for SID stock have an average target of 2.95, with a low estimate of 2.90 and a high estimate of 3.00. The average target predicts an increase of 51.28% from the current stock price of 1.95.

Analyst Consensus: Sell

Target	Low	Average	Median	High
Price	$2.90	$2.95	$3.00	$3.00
Change	+48.72%	+51.28%	+53.85%	+53.85%

* Price targets were last updated on Apr 9, 2024.

Analyst Ratings

The average analyst rating for SID stock from 2 stock analysts is "Sell". This means that analysts believe this stock is likely to lead to lower returns than market as a whole.

Recommendation Trends

Rating	Jun '24	Jul '24	Aug '24	Sep '24	Oct '24	Nov '24
Strong Buy	0	0	0	0	0	0
Buy	0	0	0	0	0	0
Hold	0	0	0	0	0	0
Sell	2	2	2	2	2	2
Strong Sell	0	0	0	0	0	0
Total	2	2	2	2	2	2

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Caio Ribeiro B of A Securities	B of A Securities	Hold → Sell Downgrades $3.9 → $2.9	Hold → Sell	Downgrades	$3.9 → $2.9	+48.72%	Apr 9, 2024
Daniel Sasson Itau BBA	Itau BBA	Hold → Sell Downgrades $3	Hold → Sell	Downgrades	$3	+53.85%	Apr 4, 2024
Caio Ribeiro B of A Securities	B of A Securities	Sell → Strong Buy Upgrades $4.1	Sell → Strong Buy	Upgrades	$4.1	+110.26%	Nov 20, 2023
Daniel Sasson Itau BBA	Itau BBA	Hold → Sell Downgrades $2.3	Hold → Sell	Downgrades	$2.3	+17.95%	Jul 10, 2023
Caio Ribeiro B of A Securities	B of A Securities	Hold → Sell Downgrades n/a	Hold → Sell	Downgrades	n/a	n/a	Aug 26, 2022

More Analyst Ratings

Financial Forecast

Revenue This Year

44.06B

Decreased by -3.04%

from 45.44B

Revenue Next Year

44.71B

Increased by 1.48%

from 44.06B

EPS This Year

0.43

from -0.24

EPS Next Year

1.07

Increased by 146.51%

from 0.43

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	25.44B	30.06B	47.91B	44.36B	45.44B	44.06B	44.71B	47.33B
Revenue Growth	10.74%	18.19%	59.37%	-7.41%	2.43%	-3.04%	1.48%	5.86%
EPS	1.30	2.75	8.91	1.17	-0.24	0.43	1.07	0.91
EPS Growth	-64.92%	112.08%	223.96%	-86.85%	-	-	146.51%	-15.09%
Forward PE	-	-	-	-	-	25.91	10.51	12.38
No. Analysts	-	-	-	-	-	12	12	9

Financial currency is BRL. Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026	2027
High	48.0B	47.9B	54.5B
Avg	44.1B	44.7B	47.3B
Low	40.4B	39.6B	42.1B

Revenue Growth

Revenue Growth	2024	2025	2026	2027
High	5.6%	8.6%	21.8%
Avg	-3.0%	1.5%	5.9%
Low	-11.0%	-10.1%	-5.8%

EPS Forecast

EPS	2024	2025	2026
High	1.51	1.84	2.12
Avg	0.43	1.07	0.91
Low	-1.15	0.43	-0.20

EPS Growth

EPS Growth	2024	2025	2026
High	-	323.0%	98.3%
Avg	-	146.5%	-15.1%
Low	-	-0.7%	-

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.