(NYSE:X) opened at 16.28 on Thursday. The brokerage now has a “hold” rating on the stock. These analysts have also projected a Low Estimate of $0.02/share and a High Estimate of $0.2/share. 23 of the brokerages firms have a buy or better rating; the 0 sells as compared to 0 underperforms. The stock reached a high of $4.15 and a low of $3.95 for the day.
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U.S. based company, AK Steel Holding Corporation’s (AKS)’s latest closing price distance was 5.16% from the average-price of 200 days while it maintained a distance from the 50 Day Moving Average at -21.71% and -11.44% compared with the 20 Day Moving Average. United States Steel Corporation’s market cap is presently $0.0. It has been suggested as “Buy Opinions” from 1 and 1 issued “Sell Thoughts” for the stock. 5 announced “Sell Rating” and 1 disclosed “Underweight Rating”. United States Steel Corp. has a 12-month low of $6.15 and a 12-month high of $27.64. The firm’s 50-day moving average price is $21.40 and its 200 day moving average price is $17.99.
United States Steel Corp. had a negative net margin of 15.09% and a negative return on equity of 20.96%. Analysts had expected AK Steel Holding Corporation (NYSE:AKS) to report earnings of about $-0.02 per share on $1,530.19M in revenue. Average sales estimate is measured after the consensus analysis of 9 Analysts. The business earned $1.49 billion during the quarter, compared to analysts’ expectations of $1.53 billion.
AK Steel Holding Corporation (NYSE:AKS)’s earnings per share growth ratio for the past 5 years was noted as -19.6% while revenue increase for the past 5 years was 2.3%.
Some analyst provided their insight on Growth Estimates; AK Steel Holding Corporation has the Current Quarter Earnings Growth rate of 225%.
The firm also recently announced a quarterly dividend, which was paid on Saturday, September 10th. This represents a $0.20 dividend on an annualized basis and a yield of 1.25%. There was another key research note provided by Citigroup on Monday August 22, 2016. The Price to Book (P/B) ratio stands at 1.25.
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A number of large investors have recently modified their holdings of the company. State Street Corp boosted its stake in shares of AK Steel Holding Corp.by 2.0% in the first quarter. Spark Investment Management LLC now owns 1,946,200 shares of the company’s stock valued at $8,037,000 after buying an additional 419,200 shares during the period. LS Investment Advisors LLC raised its stake in shares of United States Steel Corp.by 71.9% in the second quarter. LS Investment Advisors LLC now owns 8,787 shares of the company’s stock valued at $148,000 after buying an additional 3,675 shares during the period. Credit Suisse Group AG upgraded AK Steel Holding Corp. from an “underperform” rating to an “outperform” rating and raised their price objective for the stock from $3.50 to $7.00 in a research report on Wednesday, June 8th. Finally, Seven Eight Capital LLC increased its position in United States Steel Corp.by 126.2% in the second quarter. UBS Asset Management Americas Inc. now owns 151,495 shares of the company’s stock valued at $626,000 after buying an additional 11,100 shares during the period. The Company is engaged in producing flat-rolled and tubular products with production operations in North America and Europe. It sells its flat-rolled carbon steel products primarily to automotive manufacturers and to customers in the infrastructure and manufacturing markets, including electrical transmission, heating, ventilation and air conditioning equipment, and appliances; and coated, cold-rolled, and hot-rolled carbon steel products to distributors, service centers, and converters.
