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 6.50% from the current stock price of 2.77.

Analyst Consensus: Sell

Target	Low	Average	Median	High
Price	$2.90	$2.95	$3.00	$3.00
Change	+4.69%	+6.50%	+8.30%	+8.30%

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	Nov '23	Dec '23	Jan '24	Feb '24	Mar '24	Apr '24
Strong Buy	1	1	1	1	1	0
Buy	0	0	0	0	0	0
Hold	0	0	0	0	0	0
Sell	1	1	1	1	1	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	+4.69%	Apr 9, 2024
Daniel Sasson Itau BBA	Itau BBA	Hold → Sell Downgrades $3	Hold → Sell	Downgrades	$3	+8.30%	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	+48.01%	Nov 20, 2023
Daniel Sasson Itau BBA	Itau BBA	Hold → Sell Downgrades $2.3	Hold → Sell	Downgrades	$2.3	-16.97%	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

46.41B

Increased by 4.62%

from 44.36B

Revenue Next Year

46.41B

Decreased by -0.02%

from 46.41B

EPS This Year

0.09

Decreased by -92.60%

from 1.17

EPS Next Year

1.32

Increased by 1,427.72%

from 0.09

Year	2018	2019	2020	2021	2022	2023	2024	2025	2026	2027
Revenue	22.97B	25.44B	30.06B	47.91B	44.36B	46.41B	46.41B	45.43B	47.60B	56.65B
Revenue Growth	23.99%	10.74%	18.19%	59.37%	-7.41%	4.62%	-0.02%	-2.11%	4.78%	19.02%
EPS	3.70	1.30	2.75	8.91	1.17	0.09	1.32	1.35	1.53	-
EPS Growth	46,087.50%	-64.93%	112.11%	224.01%	-86.85%	-92.60%	1,427.72%	1.84%	13.27%	-
No. Analysts	-	-	-	-	-	12	12	11	6	4

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

Revenue Forecast

Revenue	2023	2024	2025	2026	2027
High	47.9B	50.4B	49.1B	49.7B	57.8B
Avg	46.4B	46.4B	45.4B	47.6B	56.7B
Low	42.6B	40.5B	40.9B	44.7B	53.9B

Revenue Growth

Revenue Growth	2023	2024	2025	2026	2027
High	7.9%	8.5%	5.7%	9.3%	21.3%
Avg	4.6%	-0.0%	-2.1%	4.8%	19.0%
Low	-4.0%	-12.8%	-11.8%	-1.5%	13.2%

EPS Forecast

EPS	2023	2024	2025	2026
High	0.79	2.22	2.22	2.40
Avg	0.09	1.32	1.35	1.53
Low	-0.39	0.57	0.80	0.78

EPS Growth

EPS Growth	2023	2024	2025	2026
High	-32.7%	2,455.5%	67.3%	78.3%
Avg	-92.6%	1,427.7%	1.8%	13.3%
Low	-	552.2%	-39.3%	-41.9%

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.