Since the beginning of the calendar year, the stock is -38.30%. Jefferies maintained AK Steel Holding Corporation (NYSE:AKS) on Monday, May 1 with "Buy" rating. Finally, J P Morgan Chase & Co reiterated an overweight rating and set a $46.00 price target (up previously from $39.00) on shares of United States Steel Corporation in a report on Wednesday, March 22nd. Analysts pegging the company with a rating of 3 would be indicating a Hold recommendation.
Currently AK Steel Holding Corp (NYSE:AKS)'s shares owned by insiders are 0.7%, whereas shares owned by institutional owners are 78.4%.
AK Steel Holding Corporation (AKS) will report its next earnings on Jul 25 BMO. The stock's current distance from 20-Day Simple Moving Average (SMA20) is 1.36% where SMA50 and SMA200 are 0.86% and -14.22% respectively. The stock exchanged hands 10.54 Million shares versus average trading capacity of 18.84 Million shares, yielding a market cap of $2.02 Billion. It increased, as 46 investors sold AK Steel Holding Corporation shares while 58 reduced holdings.
Timken Steel Corporation (NYSE:TMST) last released its earnings results on Thursday, April 27th. The basic materials company reported ($0.83) EPS for the quarter, missing analysts' consensus estimates of $0.35 by $1.18. For the current year the company's revenue estimates are $6.16 Billion compared to low analyst estimates of $6.01 Billion and high estimates of $6.34 Billion according to 12 number of analysts. The Return on Equity (ROE) value stands at -14.9%. The company's revenue was up 1.0% on a year-over-year basis. Equities analysts predict that United States Steel Corporation will post $1.06 EPS for the current fiscal year. Paloma Partners Management Co's holdings in United States Steel Corporation were worth $2,122,000 at the end of the most recent reporting period. If you are viewing this piece of content on another website, it was illegally copied and republished in violation of U.S. and worldwide copyright & trademark laws.
04/28/2017 - United States Steel Corporation was downgraded to "underperform" by analysts at Macquarie.
The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 9th. Shareholders of record on Wednesday, May 10th were issued a $0.05 dividend. This represents a $0.20 annualized dividend and a yield of 0.95%. State Street Corp raised its stake in shares of United States Steel Corporation by 0.5% in the first quarter. The stock was acquired at an average cost of $19.96 per share, with a total value of $199,600.00. The Market Capitalization of the company stands at 1.98 Billion. Price targets frequently change, depending on the outlook for a company's earnings. Also, Director Paul Anthony Mascarenas bought 1,500 shares of United States Steel Corporation stock in a transaction dated Thursday, May 18th.
Shares of United States Steel Corporation (NYSE X) traded up 4.56% during trading on Friday, hitting $22.03. The disclosure for this purchase can be found here. BlackRock Inc. now owns 14,279,755 shares of the basic materials company's stock worth $482,799,000 after buying an additional 14,161,952 shares during the period.
AK Steel Holding Corporation (NYSE:AKS) was up 1.78% at $6.30 on Thursday, in a 52-week range of $3.87 to $11.39 and with a consensus analyst target price of $8.34. They are projecting Next Quarter growth of -19%. For the quarter, shares have been noted at -16.00%.
02/06/2017 - United States Steel Corporation was upgraded to "buy" by analysts at Argus. Gallagher Fiduciary Advisors LLC bought a new position in shares of United States Steel Corporation during the fourth quarter worth about $124,238,000. Comerica Bank now owns 333,257 shares of the basic materials company's stock valued at $3,236,000 after buying an additional 93,391 shares during the last quarter. State Street Corp raised its stake in shares of United States Steel Corporation by 0.5% in the first quarter. Following the completion of the acquisition, the director now owns 12,377 shares in the company, valued at approximately $238,999.87. Institutional investors and hedge funds own 70.75% of the company's stock. This Beta value of AK Steel Holding Corporation (AKS) shows that it has historically moved 289% for every 100% move in the benchmark. The Company is involved in producing flat-rolled and tubular products with production operations in North America and Europe.