United States Steel Sees Unusually Large Options Volume (X)

(NYSE:X) in a research report sent to investors on Wednesday, May 3rd.

AKS has been the subject of several research analyst reports. Cowen and Company raised United States Steel from a market perform rating to an outperform rating in a report on Monday, February 27th. The stock of United States Steel Corporation (NYSE:X) has "Buy" rating given on Monday, October 5 by Deutsche Bank.

More notable recent AK Steel Holding Corporation (NYSE:AKS) news were published by: Streetinsider.com which released: "Form SD AK STEEL HOLDING CORP" on May 26, 2017, also Zacks.com with their article: "Is the Options Market Predicting a Spike in AK Steel (AKS) Stock?" published on May 10, 2017, Fool.com published: "AK Steel Holding's and TimkenSteel's Stocks Tumbled Double Digits in April ..." on May 09, 2017. (NYSE:SQ). At the time of writing, the First Call consensus price target for the company is $20.74.

Among 21 analysts covering United States Steel Corporation (NYSE:X), 6 have Buy rating, 2 Sell and 13 Hold. The stock now has a consensus rating of Hold and an average price target of $30.49.

05/04/2017 - United States Steel Corporation had its "equal-weight" rating reiterated by analysts at Barclays.

This stock is ahead of its 52-week low with +168.55%. The 20-day may be of analytical benefit to a shorter-term trader since it follows the price more closely, and therefore produces less "lag" than the longer-term moving average. The stock of AK Steel Holding Corporation (NYSE:AKS) has "Sector Weight" rating given on Monday, September 19 by KeyBanc Capital Markets.

United States Steel (NYSE:X) last issued its quarterly earnings data on Tuesday, April 25th. Teachers Advisors LLC now owns 1,674,060 shares of the basic materials company's stock valued at $55,261,000 after buying an additional 745,669 shares during the last quarter.

Analyst recommendation for this stock stands at 2.60. AK Steel Holding had a negative return on equity of 47.34% and a negative net margin of 0.13%. The company's forward price to earnings ratio for next fiscal year is 0. During the same quarter in the prior year, the business earned ($2.15) earnings per share. On average, analysts forecast that AK Steel Holding will post $0.61 earnings per share for the current year. Finally, Dynamic Technology Lab Private Ltd acquired a new position in United States Steel during the first quarter worth about $209,000. The stock closed its day at $61.82. If you are accessing this news story on another domain, it was copied illegally and reposted in violation of USA & worldwide trademark & copyright laws.

In order to check on the sell-side rational, we can also take a peek at some technical indicators.

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 9th. Geneva Advisors Ltd Liability holds 0% or 10,957 shares. This represents a $0.20 annualized dividend and a yield of 0.99%. The ex-dividend date is Monday, May 8th.

In related news, Director Paul Anthony Mascarenas acquired 1,500 shares of the company's stock in a transaction dated Thursday, May 18th. The shares were bought at an average cost of $19.96 per share, with a total value of $199,600.00.

EPS is the portion of a company's profit allocated to each exceptional share of common stock. The purchase was disclosed in a filing with the SEC, which is available through the SEC website. The fund purchased 25,000 shares of the basic materials company's stock, valued at approximately $845,000. The disclosure for this purchase can be found here. While the company's share hit the 52 week high on 02/21/17 stationing the value of $41.83. Corporate insiders own 1.31% of the company's stock. 2 analysts on average projected earnings of $0.4 per share for the current quarter. However its weekly volatility is 1.22% and monthly volatility is 1.62%. Inside the closing six months period the stock's performance declined -34.04% while overall yearly performance gained 51.22%. Texas Permanent School Fund now owns 128,336 shares of the basic materials company's stock worth $2,420,000 after buying an additional 16,378 shares during the last quarter.

04/27/2017 - United States Steel Corporation had its "overweight" rating reiterated by analysts at JP Morgan.

AK Steel Holding Corporation is a producer of flat-rolled carbon, stainless and electrical steels, and tubular products through its subsidiary, AK Steel Corporation (AK Steel). The Company operates through three segments: Flat-Rolled Products (Flat-Rolled), U. S. Steel Europe (USSE) and Tubular Products (Tubular).

  • Zachary Reyes