Were Analysts Bearish AK Steel Holding Corporation (NYSE:AKS) This Week?

James Marshall
May 19, 2017

The stock decreased 2.30% or $0.27 during the last trading session, reaching $11.67. The 52-week range of the share price is from $3.31 - $11.39, while its earnings per share (EPS) was $0.27. It has by 0.00% the S&P500. The short interest to AK Steel Holding Corporation's float is 14.56%. The stock of AK Steel Holding Corporation (NYSE:AKS) has "Underperform" rating given on Wednesday, March 23 by Credit Suisse. Its Price to Cash Flow ratio shows the value of 4.82, whereas, the industry and sector ratio of Price to Cash Flow ticked at 6.75 and 14.6 respectively.

AK Steel says it has accepted an award of up to $1.8 million from the U.S. Department of Energy (DOE) under the Advanced Manufacturing Office's Next Generation Electric Machines (NGEM) program to develop the next generation of advanced, non-oriented electrical steels (NOES) for motors used in a wide variety of industrial and automotive applications, including hybrid electric vehicles. The stock of AK Steel Holding Corporation (NYSE:AKS) earned "Hold" rating by Deutsche Bank on Monday, October 5. About shares traded. Olympic Steel, Inc.

On 2/10/2015 James A Thomson, Director, sold 6,500 with an average share price of $4.20 per share and the total transaction amounting to $27,300.00. Therefore 27% are positive. The firm had revenue of $2.73 billion for the quarter, compared to analysts' expectations of $2.91 billion. Jefferies Group LLC lowered their price objective on shares of Olympic Steel from $26.00 to $19.00 and set a "hold" rating for the company in a research report on Wednesday, April 19th. BB&T Capital initiated the shares of AKS in report on Thursday, September 10 with "Hold" rating.

AK Steel Holding Corporation is a producer of flat-rolled carbon, stainless and electrical steels, and tubular products through its subsidiary, AK Steel Corporation. The company has total market capitalization of $114.90B and a total of 1.37B outstanding shares.

4/19/2017-Citigroup Inc Upgrade from a "Sell " rating to a " Neutral" rating. UBS downgraded AK Steel Holding Corporation (NYSE:AKS) on Friday, April 8 to "Sell" rating.

5/12/2017-Cowen and Company Reiterated Rating of Market Perform. United States Steel Corporation disclosed in a document filed with the US Securities and Exchange Commission (SEC) that Director Sutherland David has acquired 10,000 shares of United States Steel Corporation (X) in trading session dated May. They expect $0.15 earnings per share, up 87.50% or $0.07 from last year's $0.08 per share. If you are investing like Buffett, the report can assist in finding the company with the durable competitive advantage, and if Peter Lynch is your hero, you might find a low P/E ratio, share buyback or future earnings growth in the depths of the report.

Investors sentiment increased to 1.23 in 2016 Q4. This represents a $0.20 dividend on an annualized basis and a dividend yield of 1.00%. 65 funds opened positions while 91 raised stakes. 444,723 are owned by Alliancebernstein Limited Partnership. Canada Pension Plan Investment Board invested 0.01% in AK Steel Holding Corporation (NYSE:AKS). Growth in EPS is an important measure of management performance because it shows how much money the company is making for it's shareholders, not only due to changes in profit, but also after all the effects of issuance of new shares (this is especially important when the growth comes as a result of acquisition). Louisiana State Employees Retirement Sys holds 0.07% or 125,800 shares. Bancorporation Of Montreal Can, a Ontario - Canada-based fund reported 1.48M shares. Moreover, Columbia L L C Investment has 0.79% invested in AK Steel Holding Corporation (NYSE:AKS) for 868,403 shares. Northern Trust reported 3.52 million shares or 0.01% of all its holdings. State of Tennessee Treasury Department increased its position in Olympic Steel by 17.8% in the first quarter. Massmutual Fsb Adv reported 50 shares.

AK Steel Holding Corporation shares decreased -3.24 percent over the past week and fell -9.98 percent over the previous month. Kcg Holdg stated it has 0.04% of its portfolio in American Water Works Company Inc (NYSE:AWK). Hodges Capital Management holds 0.08% or 170,000 shares in its portfolio.

The good news is there's still room for the share price to grow.

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