What Analysts say About United States Steel Corp (NYSE:X)
- Author: Zachary Reyes May 24, 2017,
May 24, 2017, 7:33
The stock's market capitalization is 1.75B. AlphaOne also assigned news stories about the basic materials company an impact score of 81 out of 100, meaning that recent press coverage is very likely to have an effect on the company's share price in the next few days. For the quarter, shares have been noted at -38.74%. On average, equities analysts expect that Olympic Steel, Inc. will post $1.25 earnings per share for the current fiscal year. BlackRock Group LTD now owns 189,091 shares of the basic materials company's stock valued at $3,567,000 after buying an additional 2,780 shares during the period. Louisiana State Employees Retirement System increased its stake in shares of United States Steel by 12.1% in the third quarter.
The average investor might not have the time to monitor every single tick of a given stock, but taking a look at historical performance may help provide some valuable insight on where the stock may be trending in the future. Vanguard Group Inc. boosted its position in Olympic Steel by 7.4% in the first quarter. (NASDAQ:ALXN) lands the stock on today's most volatile list.
United States Steel Corp (NYSE:X) 52-week high price stands at $41.83 and low price stands at $13.00, its price distance from 52-week high is -53.45% while its distance from 52-week low price is 49.77%. About 692,142 shares traded. The company's 50-day moving average price is $6.35 and its 200-day moving average price is $8.13.
On the other hand the company has Relative Strength Index (RSI 14) of 24.5 along with Average True Range (ATR 14) of 1.26, Consequently United States Steel Corp (NYSE:X)'s weekly and monthly volatility is 3.88%, 4.39% respectively. The VC1 of AK Steel Holding Corporation (NYSE:AKS) is 28. This is an increase of 128% compared to the typical daily volume of 31,479 call options.
Olympic Steel (NASDAQ:ZEUS) last posted its earnings results on Friday, April 28th. Analysts forecast earnings per share of $0.15, up exactly $0.07 or 87.50 % from 2014's $0.08 EPS. The firm had revenue of $2.73 billion for the quarter, compared to analyst estimates of $2.91 billion.
14-day Williams %R for United States Steel Corporation (NYSE:X) moved to around 73.02. The business's quarterly revenue was up 16.4% compared to the same quarter past year.
Earnings per share is the portion of a company's profit allocated to each outstanding share of common stock.
Among 16 analysts covering AK Steel Holding Corporation (NYSE:AKS), 4 have Buy rating, 1 Sell and 11 Hold.
The company also recently declared a quarterly dividend, which will be paid on Thursday, June 15th.
Since January 1, 0001, it had 0 insider buys, and 19 selling transactions for $57.82 million activity. The ex-dividend date is Tuesday, May 30th.
Technical analysts have little regard for the value of a company. "(X)" was published by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are reading this news story on another site, it was stolen and reposted in violation of U.S. and global copyright and trademark laws.
A number of research analysts have issued reports on X shares.
Watching some historical volatility numbers on shares of United States Steel Corporation (NYSE:X), we can see that the 12 month volatility is presently 77.017500. A rating of 4 or 5 would represent a Sell recommendation. Finally, Bank of America Corp upgraded shares of United States Steel from a "neutral" rating to a "buy" rating and set a $40.00 price target for the company in a report on Wednesday, February 1st. According to the most recently released broker notes, 2 analysts have a rating of "strong buy" on the stock, 1 analysts "buy", 11 analysts "neutral", 0 analysts "sell" and 0 analysts "strong sell". The median target of analyst views collected by Yahoo Finance was as much as $5.53 below X's recent stock price.
In related news, Director Paul Anthony Mascarenas bought 1,500 shares of the business's stock in a transaction on Thursday, May 18th. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.
In the transaction dated February 21, 2017, the great number of shares disposed came courtesy the Exec. VP and CFO; BURRITT DAVID B disposed a total of 204,630 shares at an average price of $40.87, amounting to approximately $8,363,228.