(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: Southern California mudflows triggered by fire and rain, with more possible
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: Lindsay Lohan Is Designing Her Own Island Because Why Not?
The company announced its last quarter financial performance results on 10/31/2017.
COPYRIGHT VIOLATION NOTICE: This report was originally posted by Registrar Journal and is owned by of Registrar Journal. If you are viewing this news story on another domain, it was stolen and republished in violation of US and worldwide copyright laws.
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.