Saturday, 06 June, 2020

Brokers Watch List: AK Steel Holding Corp (NYSE:AKS)

U.S. Steel Brokers Watch List: AK Steel Holding Corp (NYSE:AKS)
Debra Rodriguez | 30 July, 2017, 02:07

The analysts estimated mean EPS at 0.14 while the high and low EPS estimate stand at 0.26 and -0.02 respectively. Deutsche Bank downgraded the shares of AKS in report on Monday, October 5 to "Hold" rating. Vetr upgraded United States Steel Corporation from a strong sell rating to a hold rating and set a $36.38 price objective on the stock in a research report on Monday, March 20th. Macquarie raised shares of United States Steel from an "underperform" rating to a "neutral" rating and increased their target price for the stock from $23.00 to $30.00 in a research note on Monday, April 24th. They noted that the move was a valuation call.

Jefferies Group LLC reaffirmed their buy rating on shares of United States Steel Corporation (NYSE:X) in a report released on Friday, June 30th. Vetr cut United States Steel from a "strong-buy" rating to a "buy" rating and set a $38.38 target price for the company.in a research note on Tuesday, April 11th. Jefferies Group LLC reiterated a "buy" rating and issued a $9.00 target price on shares of AK Steel Holding Corporation in a research report on Wednesday, June 28th.

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United States Steel (NYSE:X) opened at 22.98 on Friday. Company chares are trading at $6.24 a tad under $6.34, the stock's 50 day moving average and which is just under the 200 day moving average of $7.17.

ATR value of company was 0.35.

Shares of AK Steel Holding Corporation (AKS) changed at hands on usually higher volume on July 28, 2017, as the stock is sinking -8.53% to end at $5.47. Stock investors acquired 51,977 put options on the company. The day's total volume of 48994410 this morning is in contrast from the three-month daily average of 18075.48K.

United States Steel (NYSE:X) last announced its earnings results on Tuesday, July 25th. Municipal Employees Retirement System of MI now owns 74,320 shares of the basic materials company's stock worth $488,000 after buying an additional 2,800 shares in the last quarter.

RBA Chief Says Rate Cut To Stimulate Inflation Risks Financial Stability
The Pound Sterling to Australian Dollar exchange rate is trending 0.3% higher at 1.6477 (26-07-17 10:30). The policy rates in both the United States and Canada still remain below that in Australia.

Last time, the company shocked Wall Street by reporting EPS of $0.19, smashing the consensus of $0.12 per share.

The company is unchanged by 0.00% since yesterday's close of $6.24. Janney Montgomery Scott LLC now owns 34,099 shares of the basic materials company's stock valued at $1,153,000 after buying an additional 24,401 shares in the last quarter.

08/31/2015 - KeyBanc began new coverage on Timken Steel Corporation giving the company a "sector weight" rating. The ex-dividend date is Monday, August 7th. This represents a $0.20 annualized dividend and a dividend yield of 0.87%. AK Steel Holding Corporation had a net margin of 1.88% and a return on equity of 735.25%.

On 7/28/2016 Vicente Wright, Director, sold 27,000 with an average share price of $6.70 per share and the total transaction amounting to $180,900.00. Following the transaction, the director now owns 12,377 shares of the company's stock, valued at $238,999.87. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

On 1/30/2015 Roger K Newport, CFO, bought 5,000 with an average share price of $3.80 per share and the total transaction amounting to $19,000.00. The company has a market capitalization of $1.72 billion, a price-to-earnings ratio of 21.20 and a beta of 2.89. The disclosure for this purchase can be found here. In the last ninety days, insiders purchased 14,000 shares of company stock worth $278,415.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Its book value per share for the most recent quarter is $-0.73 while its price to book ratio for the same period is 0, as for as the company's cash per share for the most recent quarter is $0.57, however its price to cash per share ratio for the same period is 10.56. Nikko Asset Management Americas Inc. increased its position in shares of United States Steel by 36.4% in the first quarter.

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