13 May, 2017
Vetr raised United States Steel from a "hold" rating to a "buy" rating and set a $33.80 price target for the company in a research note on Tuesday, January 17th. During the same quarter in the prior year, the business earned ($0.08) earnings per share. Also lower interest rates make shares relatively more attractive than saving money in a bank or holding bonds. After $0.19 actual earnings per share reported by AK Steel Holding Corporation for the previous quarter, Wall Street now forecasts -21.05% negative EPS growth.
AK Steel Holding Corporation (AKS) performance during the last one year Improved 56.56 percent, while its year to date (YTD) performance showed a Negative trend of -43.88 percent. For the next fiscal year, analysts anticipate that the company will post earnings of $0.98 per share, with EPS estimates ranging from $0.55 to $1.45.
Analysts await AK Steel Holding Corporation (NYSE:AKS) to report earnings on July, 25. (NYSE:AKS) traded down 1.92% during midday trading on Friday, hitting $5.62. Often, young, fast-growing companies prefer not to pay dividends, opting instead to re-invest their retained earnings into their business operations, compounding their growth and thus the book value of their shares over time. The company's market capitalization is $1.85 billion with the total outstanding shares of 315.66 million. Kcg owns 0.04% invested in AK Steel Holding Corporation (NYSE:AKS) for 171,238 shares.
Analysts are also projecting an Average Revenue Estimate for United States Steel Corp.as $7000 in the Current Quarter. In terms of the mechanics underlying that movement, traders will want to note that the stock is trading on a float of 16.15% with $310.11 Million sitting short, betting on future declines.
Several research firms recently issued reports on AKS.
Insider Trades for United States Steel Corp. show that the latest trade was made on 27 Feb 2017 where Burritt (David B), the Chief Financial Officer completed a transaction type "Buy" in which 14010 shares were traded at a price of $0.
When it comes to the Analysis of a Stock, Price Target plays a vital role.
Shares of United States Steel Co. Tiaa Cref Inv Management Ltd Llc holds 0.1% of its portfolio in AK Steel Holding Corporation (NYSE:AKS) for 13.11M shares. Citigroup Inc cut AK Steel Holding from a "neutral" rating to a "sell" rating and set a $8.00 target price for the company.in a report on Thursday, January 19th. According to the most recently released broker notes, 2 analysts have a rating of "strong buy" on the stock, 2 analysts "buy", 10 analysts "neutral", 1 analysts "sell" and 0 analysts "strong sell". And it remains to be seen which target price X can achieve without sacrificing much as the company is holding a 24.49% gain for the past twelve months. LS Investment Advisors LLC now owns 10,911 shares of the basic materials company's stock valued at $206,000 after buying an additional 2,124 shares during the period. BlackRock Advisors LLC raised its stake in AK Steel Holding by 564.5% in the third quarter. Boothbay Fund Management LLC bought a new stake in AK Steel Holding during the fourth quarter valued at about $123,000. The basic materials company reported $0.19 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.15 by $0.04. (NYSE:AKS) by 14.3% during the first quarter, Holdings Channel reports.
SRC was trading -44.33% below its 52-week high and 11.60% above its 52-week low. Institutional investors and hedge funds own 62.21% of the company's stock.
TRADEMARK VIOLATION WARNING: This piece of content was first published by [[site]] and is the sole property of of [[site]]. Finally, Bluestein R H & Co. purchased a new stake in United States Steel during the fourth quarter valued at about $214,000. The correct version of this news story can be accessed at https://www.thecerbatgem.com/2017/05/12/ak-steel-holding-co-aks-set-to-announce-earnings-on-tuesday-updated-updated.html.
AK Steel Holding Corporation (NYSE:AKS) shares moved to $5.73 after opening the day at $5.98, on Thursday. The stock stands -24.66% below the average-price of 50 days and -20.50% compared with the SMA 20.
AK Steel Holding Co. has a 52-week low of $3.31 and a 52-week high of $11.39. Net profit margin of the company was recorded at 1.2 percent, operating profit margin was 5 percent, whereas gross profit margin stands at 15 percent. AK Steel Holding also saw some unusual options trading on Friday. If the average volume is low then the liquidity is low which means it is hard to buy or sell the stock as there are fewer buyers or sellers of the stock. This represents an increase of approximately 126% compared to the average daily volume of 358 put options.
