Darragh Sells 9700 Shares of United States Steel Co

Marco Green
December 7, 2017

United States Steel Corporation has a consensus outperform rating from 15 Wall Street analysts, and the number of shares now sold short amount to at least 11.33% of shares outstanding.

United States Steel Corporation (NYSE:X) has shown an EPS growth of 3.50% in the last 5 years and sales growth of -10.00% for the same year while for the next 5 years; the EPS growth estimates 8.00%.Along with this Sales growth yoy (quarter over quarter) was considered as 20.90%. The company was maintained on Monday, December 5 by Deutsche Bank. 1 is equivalent to a buy rating, 3 a hold rating, and 5 a sell rating. BMO Capital Markets maintained it with "Hold" rating and $2400 target in Monday, July 3 report.

ILLEGAL ACTIVITY WARNING: "Colleen M. Darragh Sells 9,700 Shares of United States Steel Co". Three analysts have rated the stock with a sell rating, seven have given a hold rating and ten have assigned a buy rating to the company's stock. The target price by Jefferies would suggest a potential upside of 2.47 % from the company's last stock close.

The stock is now showing YTD performance of -9.63 Percent.

While talking about Performance of the Stock, United States Steel Corp. now has a Weekly performance of 3.61%, monthly performance percentage is 8.16 percent, Quarterly performance is 9.59 percent, 6 months performance shows a percent value of 47.07% and Yearly Performance is -11.22 percent. About 11.67 million shares traded or 4.53% up from the average. The insider now holds 4,009 shares of United States Steel Corporation (X).

Analysts await United States Steel Corporation (NYSE:X) to report earnings on January, 30. The basic materials company reported $0.92 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.67 by $0.25. The firm's quarterly revenue was up 20.9% compared to the same quarter past year.

Looking at the stock's movement on the chart, United States Steel Corporation have shares float of 11.33%. The business also recently declared a quarterly dividend, which will be paid on Friday, June 9th. Investors of record on Friday, November 10th will be issued a $0.05 dividend. The ex-dividend date is Thursday, November 30th. This represents a $0.08 dividend on an annualized basis and a dividend yield of 0.40%. United States Steel's dividend payout ratio (DPR) is presently 29.85%.

State Street Corp boosted its stake in shares of Olympic Steel, Inc. The shares were bought at an average cost of $19.94 per share, with a total value of $49,850.00. Following the completion of the transaction, the chief financial officer now directly owns 30,415 shares in the company, valued at approximately $828,200.45. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

Shares of Olympic Steel, Inc. Insiders acquired a total of 14,000 shares of company stock worth $278,415 over the last ninety days. Following the sale, the senior vice president now directly owns 51,744 shares in the company, valued at approximately $1,552,320. The larger the gross profit margin, the better for the company. Canada Pension Plan Investment Board's holdings in United States Steel were worth $1,008,000 at the end of the most recent quarter. Mitsubishi UFJ Trust & Banking Corp now owns 18,566 shares of the basic materials company's stock valued at $350,000 after buying an additional 275 shares during the period. After $0.92 actual earnings per share reported by United States Steel Corporation for the previous quarter, Wall Street now forecasts -34.78 % negative EPS growth. The total number of shares traded in the last 12 months is 1.13 million. Capstone Asset Management Co. raised its position in United States Steel by 3.6% in the second quarter. Institutional investors own 64.27% of the company's stock. Texas Permanent School Fund increased its position in shares of United States Steel by 0.3% in the first quarter. Finally, Arizona State Retirement System increased its position in shares of United States Steel by 0.9% in the first quarter.

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