United States Steel Corporation (X) EPS Estimated At $0.57

James Marshall
July 15, 2017

Jefferies Group LLC reissued a "buy" rating and issued a $9.00 target price on shares of AK Steel Holding Corporation in a research report on Friday, April 28th. The institutional investor held 868,403 shares of the steel and iron ore company at the end of 2016Q4, valued at $8.87 million, up from 335,457 at the end of the previous reported quarter.

X has been the topic of several recent research reports. The latest reports which are outstanding on Thursday 13th of July state 0 analysts have a rating of "strong buy", 2 analysts "buy", 2 analysts "neutral", 0 analysts "sell" and 0 analysts "strong sell". TheStreet cut Timken Steel Corporation from a "c-" rating to a "d+" rating in a report on Tuesday, June 6th.

There has been some buying insider activity on Timken Steel Corporation (NYSE:TMST) recently. Five equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and nine have assigned a buy rating to the stock. Finally, Vetr raised shares of United States Steel Corporation from a "strong sell" rating to a "hold" rating and set a $36.38 price objective for the company in a research report on Monday, March 20th. They noted that the move was a valuation call. United States Steel Corporation had 70 analyst reports since July 30, 2015 according to SRatingsIntel. If you are reading this piece of content on another publication, it was illegally copied and republished in violation of U.S. and global copyright and trademark law. The original version of this news story can be viewed at https://www.baseball-news-blog.com/2017/07/14/brokerages-set-united-states-steel-corporation-nysex-pt-at-26-38.html. Stock dripped -10.83% over the trailing 6 months. The shares were bought at an average cost of $19.96 per share, for a total transaction of $199,600.00.

In the market the company is trading up since yesterday's close of $15.86. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Many other investment analysts lately weighed in on The corporation. The fund purchased 81,120 shares of the basic materials company's stock, valued at approximately $2,747,000.

Investors sentiment increased to 1.5 in Q4 2016. The disclosure for this purchase can be found here. Teachers Advisors LLC increased its position in shares of United States Steel Corporation by 80.3% in the fourth quarter. Considering that the stock daily volume of 33.05 million shares, this represents a pretty noteworthy trading in volume size that is above six million trading capacity in last session. Invictus RG purchased a new stake in shares of Timken Steel Corporation during the first quarter valued at $176,000. Acrospire Investment Management LLC raised its position in United States Steel Corporation by 241.1% in the first quarter. Finally, Norges Bank bought a new position in shares of United States Steel Corporation during the fourth quarter worth about $40,853,000. The key for investors will be to try and locate the winners in the space and find the companies that are either creating new technology or adapting to it rapidly.

Wall Street await United States Steel Corporation (NYSE:X) to release earnings on July, 25. Capital One, National Association now controls 16,030 shares valued at $246,000. AK Steel Holding Corporation (AKS) received interesting focus from Active Investors and it has been trading on front line as comparing to it past average volume. Moving toward the technical facts, its current distance from 20-Day Simple Moving Average is 5.16% and standing 9.30% away from 50-Day Simple Moving Average while traded down -9.85% from 200-Day Simple Moving Average. The company's market capitalization is $638.08 million.

Timken Steel Corporation (NYSE:TMST) last issued its quarterly earnings data on Thursday, April 27th. For the outlook of the current financial quarter, Analysts think the firm will post 0.14 earnings per share. AK Steel Holding Corporation had a lower negative return on equity of 235.11% and a net profit margin of 1.16%. AK Steel Holding Corporation's revenue was up 1.0% compared to the same quarter a year ago. Next quarter's EPS is forecasted to be $-0.30 with next year's EPS projected to be $0.42. Corecommodity Management Limited holds 0.17% of its portfolio in AK Steel Holding Corporation (NYSE:AKS) for 18,401 shares.

AK Steel Holding Corporation is a producer of flat-rolled carbon, stainless and electrical steels, and tubular products through its subsidiary, AK Steel Corporation.

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