Siderurgica Nacional (SID) closed the most recent trading day at $9.07, moving +0.44% from the previous trading session. The stock outpaced the S&P 500's daily loss of 0.35%.Prior to today's trading, shares of the steelmaker had gained 1.8% over the past month. This has outpaced the Basic Materials sector's loss of 1.2% and lagged the S&P 500's gain of 3.36% in that time.SID will be looking to display strength as it nears its next earnings release. The company is expected to report EPS of $1.05, up 2000% from the prior-year quarter. Meanwhile, our latest consensus estimate is calling for revenue of $2.94 billion, up 153.94% from the prior-year quarter.SID's full-year Zacks Consensus Estimates are calling for earnings of $3.30 per share and revenue of $11.2 billion. These results would represent year-over-year changes of +450% and +93.1%, respectively.It is also important to note the recent changes to analyst estimates for SID. Recent revisions tend to reflect the latest near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.Our research shows that these estimate changes are directly correlated with near-term stock prices. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 14.41% higher. SID is holding a Zacks Rank of #1 (Strong Buy) right now.Investors should also note SID's current valuation metrics, including its Forward P/E ratio of 2.74. This represents a discount compared to its industry's average Forward P/E of 6.06.We can also see that SID currently has a PEG ratio of 0.12. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. The Steel - Producers industry currently had an average PEG ratio of 0.29 as of yesterday's close.The Steel - Producers industry is part of the Basic Materials sector. This industry currently has a Zacks Industry Rank of 13, which puts it in the top 6% of all 250+ industries.The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com. Bitcoin, Like the Internet Itself, Could Change Everything Blockchain and cryptocurrency has sparked one of the most exciting discussion topics of a generation. Some call it the “Internet of Money” and predict it could change the way money works forever. If true, it could do to banks what Netflix did to Blockbuster and Amazon did to Sears. Experts agree we’re still in the early stages of this technology, and as it grows, it will create several investing opportunities. Zacks’ has just revealed 3 companies that can help investors capitalize on the explosive profit potential of Bitcoin and the other cryptocurrencies with significantly less volatility than buying them directly. See 3 crypto-related stocks now >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report National Steel Company (SID): Free Stock Analysis Report To read this article on Zacks.com click here.