Earnings Roundup: In the last fiscal quarter alone, AK Steel Holding Corporation generated almost $1.49B in sales and net income of $0.08/share. The company will report its next earnings on Oct 25 – Oct 31 (Est.). Earnings topped the Zacks Consensus Estimate of 8 cents per share. According to analysts minimum EPS for the current quarter is expected at $0.08 and can go high up to $1.4.
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Many analysts are providing their Estimated Earnings analysis for AK Steel Holding Corporation and for the current quarter 13 analysts have projected that the stock could give an Average Earnings estimate of $0.12/share.
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AK Steel Holding Corporation had its “hold” rating reiterated by analysts at Jefferies. The business had revenue of $2.58 billion for the quarter, compared to the consensus estimate of $2.68 billion. (NYSE:X) have earned a consensus rating of “Hold” from the twenty-three research firms that are now covering the stock. Revenues hit $2.58B in the June 2016 quarter, which was below the consensus $2.67B projection. For the next 5 years, AK Steel Holding Corporation is expecting Growth of -11.78% per annum, whereas in the past 5 years the growth was -18.28% per annum. (X) is getting weaker by the somewhat negative sentiment (3.1 on a 5-point scale) that sell-side analysts have provided concerning it. Brokerage firms on the average advocate the company shares as Hold.
When we have a peek on stock’s historical trends we come to know that, the stock has slipped -12.57% in the past one week and soared 7.59% during previous one month drive, the stock went up 53.43% during past quarter.
The share price of the company (NYSE:AKS) was up +0.56%, with a high of 5.46 during the day and the volume of AK Steel Holding Corporation shares traded was 14122365.
Chesapeake Energy Corporation (NYSE:CHK) announced that it has entered into an agreement to convey its interests in the Barnett Shale operating area located in North Texas to Saddle Barnett Resources, LLC (“Saddle Resources”), a company backed by First Reserve, a leading global private equity and infrastructure investment firm exclusively focused on energy, and simultaneously terminate future commitments associated with this asset. The Company has 52-week high of $7.09 and 52-week low of $1.64.
The stock’s price switched up -9.48% 20-Days Simple Moving Average, added 2.39% from 50-Days Simple Moving Average and positively 47.08% from 200 Days Simple Moving Average. (NYSE:X) traded down 6.04% during mid-day trading on Tuesday, reaching $24.27. The shares of X traded at the daily volume of 34.04 million shares while the average volume of the stock stands at 15.6 million.
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HollyFrontier Corporation’s (HFC) has price-to-cash ratio of 8.92 and price to sale ratio of 0.39. The Return on Equity (ROE) value stands at 15.3%. While it’s Return on Investment (ROI) value is -19.9%. The average true range of the stock is observed at 0.35 and the relative strength index of the stock is recorded at 43.90. The Year-To-Date performance of the stock is bullish/bearish at 193.81%. They now have a Dollars 6 price target on the stock.
