On average, analysts anticipate that United States Steel Co. will post $1.11 earnings per share for the current year.
AK Steel Holding Corporation (NYSE:AKS) have shown a high EPS growth of 52.60% in the last 5 years and has earnings growth of 350.50% yoy. The company is expected to issue its next quarterly earnings results on Tuesday, July 25th. Vetr raised shares of United States Steel from a "hold" rating to a "buy" rating and set a $33.80 price target on the stock in a report on Tuesday, January 17th.
Maximum and minimum EPS estimate for the current quarter is projected at $0.8 and $-0.11, respectively, according to 13 analysts.
In case of Revenue Estimates, 1550000 analysts have provided their consensus Average Revenue Estimates for AK Steel Holding Corporation as 7000.
P/E of the company is not reported. The firm had revenue of $1.53 billion for the quarter, compared to the consensus estimate of $1.49 billion. United States Steel had a negative return on equity of 11.36% and a negative net margin of 4.29%. While in the same Quarter Previous year, the Actual EPS was $0.08. During the same period in the previous year, the firm posted ($0.08) EPS. Morgan Stanley lowered AK Steel Holding from an "overweight" rating to an "equal weight" rating and upped their price target for the company from $8.39 to $11.00 in a research note on Monday, February 13th. The stock's current trading price is $4.67 by scoring 4.86%. The share price is trading in a range of $5.57 - 5.82. Two analysts have rated the stock with a sell rating, seven have given a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the company. "(X) Downgraded to "Underperform" at Macquarie" was originally reported by Transcript Daily and is the sole property of of Transcript Daily. If you are accessing this news story on another domain, it was stolen and reposted in violation of United States & worldwide trademark and copyright law. Retirement Systems of Alabama owned about 0.13% of United States Steel worth $7,608,000 at the end of the most recent quarter. (NYSE:AKS) traded up 1.690% during trading on Monday, hitting $5.715. The stock closing price is now trading downward to its 50 day moving average with change of -20.17%, tumbled to its 20 day moving average with figure of -10.06% and behind its 200 day moving average with value -21.24%. The company has a 50 day moving average price of $28.12 and a 200 day moving average price of $31.79.More news: IS downs Iraqi helicopter west of Mosul
The High Revenue estimate is predicted as 1.56 Billion, while the Low Revenue Estimate prediction stands at 1.52 Billion. AK Steel Holding also was the recipient of unusually large options trading activity on Friday.
A trend analysis is a method of analysis that allows traders to predict what will happen with a stock in the future. This fund invests only a small percentage of its assets in equities and options.
Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Finally, Arizona State Retirement System boosted its stake in shares of United States Steel by 0.9% in the first quarter. Market Capitalization if basically the market value of the company's shares outstanding. Hodges Capital Management Inc. bought a new position in AK Steel Holding during the fourth quarter valued at approximately $1,736,000. Its share price has grown -14.42% in three months and is down -3.13% for the last five trades. The stock now has Monthly Volatility of 5.16% and Weekly Volatility of 3.78%. Shares have dropped -18.67% over the trailing 6 months. Old Mutual Global Investors UK Ltd. now owns 3,478,107 shares of the basic materials company's stock valued at $16,799,000 after buying an additional 400,357 shares during the period.
AK Steel Holding Corporation is a producer of flat-rolled carbon, stainless and electrical steels, and tubular products through its subsidiary, AK Steel Corporation (AK Steel). The Firm also operates blast furnaces and electric arc furnaces.