Citigroup Upgrade on United States Steel Corporation in a report from Tuesday, April 3rd, 2018, while giving the stock to a Buy rating from a Neutral rating. The basic materials company reported $0.09 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.03 by $0.06. Jefferies maintained the stock with "Hold" rating in Tuesday, January 30 report. Furthermore on 4/18/18 UBS "Initiates Coverage On" the stock to Sell at $3.3.
Taking a broader look at the analyst consensus, brokerage firms have a price target of $5.79 on AK Steel Holding Corp (NYSE:AKS).
Analysts have a mean recommendation of 2.50 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range).
The price target set for the stock is $1.20 and this sets up an interesting set of potential movement for the stock, according to data from FINVIZ's analysis.
U.S. Steel (NYSE:X) had its target price decreased by Cowen from $41.00 to $37.00 in a research report report published on Monday, Marketbeat.com reports. A beta of greater than 1 indicates that the security's price is theoretically more volatile than the market. U.S. Steel has a 52-week low of $18.55 and a 52-week high of $47.64. For the stock, price target value has been calculated at $5.79. The basic materials company reported $0.32 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.29 by $0.03. For the current year the company's revenue estimates are $6.6 Billion compared to low analyst estimates of $6.36 Billion and high estimates of $6.84 Billion according to 13 number of analysts. To cut down amount of noise on price chart, shares of firm has 20 days moving average price of 2.96% from last close price of 36.30 and act as support or resistance of price limit.
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AK Steel Holding Corporation (AKS) stock is now trading -15.02% away from its average-price of 200 days while it maintained a distance of -5.62% from its 50 Days Moving Average and -2.32% compared with the 20 Day Moving Average.
An earnings forecast is an analyst's outlook for a company's future quarterly or annual earnings.
The Average True Range was recorded at 0.19. The ex-dividend date is Wednesday, May 9th. The data is represented graphically by fluctuating between a value of 0 and 100. U.S. Steel's payout ratio is now 10.31%.
In related news, CFO Kevin Bradley purchased 10,000 shares of the stock in a transaction on Tuesday, May 1st. In terms of Moving Averages, the 7-day is resting at 4.46. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. On Thursday, March 29 the stock has "Buy" rating by Deutsche Bank. The shares were sold at an average price of $38.41, for a total transaction of $140,964.70. The disclosure for this purchase can be found here. Insiders have sold a total of 61,887 shares of company stock worth $2,624,065 in the last ninety days. For example, if a stock's beta is 1.2, it's theoretically 20% more volatile than the market. Volatility demonstrates how much the stock will dive or rise if the wider market suffers or surges. Ladenburg Thalmann Financial Services Inc. grew its stake in shares of AK Steel by 11.5% in the fourth quarter. American International Group Inc. now owns 361,380 shares of the basic materials company's stock valued at $12,717,000 after acquiring an additional 4,063 shares during the period. Delpha Capital Management LLC acquired a new stake in shares of AK Steel during the 4th quarter valued at $123,000. Furthermore, over the 90.00 days, the stock was able to yield -7.56 percent. Last week, it was -3.08%, -7.56% over the last quarter, and 5.26% for the past half-year. Allianz Asset Management GmbH raised its stake in U.S. Steel by 261.9% during the 1st quarter. Active Investors have to observe some key indicators about shares of Solaris Oilfield Infrastructure, Inc.
AK Steel Holding Corporation, through its subsidiary, AK Steel Corporation, produces flat-rolled carbon, stainless, and electrical steels, and tubular products in the United States and internationally.