(NYSE:X) will announce sales of $3.07 billion for the current quarter, according to Zacks Investment Research. The Low Revenue estimate is $7.74 Billion, while High Revenue estimate is $8.35 Billion. Institutional investors own 10.40% stake in the company while Beta factor, which is used to measure riskiness of the security, was 2.56.
Analysts expect United States Steel Corporation (NYSE:X) to report $0.63 EPS on January, 30.They anticipate $0.36 EPS change or 133.33 % from last quarter's $0.27 EPS. The company reported $0.25 EPS for the quarter, topping the consensus estimate of $0.09 by $0.16. The company had revenue of $3.25 billion during the quarter, compared to analysts' expectations of $3.07 billion. During the same period in the previous year, the firm posted $0.40 earnings per share. Over the trailing year, the stock is underperforming the S&P 500 by 21.1, and it's gotten there by action that has been more volatile on a day-to-day basis than most other stocks on the exchange. 0 analysts gave its stock an Outperform rating.
United States Steel Co. has a 12-month low of $18.55 and a 12-month high of $41.83. The firm has "Buy" rating by Standpoint Research given on Wednesday, June 7.More news: Rafael Nadal gearing up for Australian Open
Bank of America set a $46.00 price objective on United States Steel (NYSE:X) in a report released on Monday morning. The stock has "Market Perform" rating by Cowen & Co on Thursday, November 2. The insider now holds 17,016 shares of United States Steel Corporation (X). This number is based on a 1 to 5 scale where 1 indicates a Strong Buy recommendation while 5 represents a Strong Sell. United States Steel now has an average rating of Buy and a consensus price target of $31.14.
Shares of United States Steel (X) traded down $1.01 during midday trading on Wednesday, hitting $38.41. The shares were sold at an average price of $30.00, for a total value of $108,180.00. The company has a market cap of $6.9 Billion. Over the same time span, the stock marked US$11.28 as its best level and the lowest price reached was US$4. The company's net profit margin has achieved the current level of 0.9 percent and possesses 13.7 percent gross margin. ZELNICK STRAUSS sold $4.39 million worth of stock or 50,000 shares. Commerzbank Aktiengesellschaft sold 60,344 shares as the company's stock declined 37.22% while stock markets rallied. United States Steel's dividend payout ratio is now 29.41%. The stock increased 1.24% or $1.43 during the last trading session, reaching $116.98. The disclosure for this sale can be found here. LLC now owns 5,473 shares of the basic materials company's stock worth $121,000 after acquiring an additional 3,768 shares during the period. Insiders own 1.00% of the company's stock.
Several other hedge funds have also modified their holdings of AKS. Finally, Shelton Capital Management increased its stake in AK Steel by 6.4% in the 2nd quarter. AK Steel Holding Corporation (NYSE:AKS) has risen 58.12% since January 11, 2017 and is uptrending. Among active positions in the latest quarter, 166 holders increased their positions by a total of 24.12 million shares, 181 holders decreased the positions by a total of 23.65 million shares, and 57 holders held their positions. NJ State Employees Deferred Compensation Plan bought a new stake in United States Steel in the 3rd quarter valued at about $205,000. Flinton Capital Management LLC raised its position in shares of United States Steel by 1.8% during the 2nd quarter. Raymond James Financial Services Advisors Inc. grew its position in shares of AK Steel by 0.9% during the second quarter.More news: U.S. settles near 3-year highs despite United States inventory rise
The company announced its last quarter financial performance results on 10/31/2017.
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After having $0.92 EPS previously, United States Steel Corporation's analysts see -31.52 % EPS growth.More news: Mueller adds cybersecurity specialist to Russian Federation probe team
AK Steel produces flat-rolled carbon, stainless and electrical steel products, as well as carbon and stainless tubular steel products, for automotive, appliance, construction and manufacturing markets. It operates through three divisions: Flat-Rolled Products, U. It has a 54.87 P/E ratio. S.