Timken Steel Corporation (NYSE:TMST) Reviewed By Analysts
- Author: Zachary Reyes Jun 16, 2017,
Jun 16, 2017, 2:13
In our current pick, AK Steel Holding Corporation (AKS) has weekly volatility of 5.56%% while its monthly volatility value is at 5.56%%. Chicago Equity Partners LLC purchased a new position in United States Steel Corporation during the third quarter valued at about $804,000. Finally, First Allied Advisory Services Inc. bought a new position in United States Steel Corporation during the fourth quarter worth $223,000.
According to Mr. Johnson, the firm's proprietary EBITDA guidance tracker analysis allows him to expect another 28% EBITDA guidance cut from US Steel Corporation. The company had Year Ago Sales of 1.49 Billion. The institutional investor owned 67,024 shares of the basic materials company's stock after selling 77,000 shares during the period.
AK Steel Holding Corporation (NYSE:AKS)'s performance this year to date is -38.79%. United States Steel Corporation makes up approximately 8.8% of Arlington Capital Management Inc.'s portfolio, making the stock its 4th largest position. Bluestein R H & Co. bought a new position in United States Steel Corporation during the fourth quarter worth $214,000. California State Teachers Retirement System boosted its position in United States Steel Corporation by 14.2% in the third quarter. The Market Capitalization of the company stands at 1.96 Billion.
Finish Line Cl A (NASDAQ:FINL) has average revenue estimates of $434.51 Million, compared to low analyst estimates of $416 Million and high estimates of $445.4 Million for the current quarter. The share price has moved forward from its 20 days moving average, trading at a distance of 3.93% and stays 1.7% away from its 50 days moving average.
United States Steel Corporation (NYSE:X) last posted its quarterly earnings data on Tuesday, April 25th. The basic materials company reported ($0.12) earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of ($0.10) by $0.02.
In recent action, United States Steel Corporation (X) has made a move of +2.38% over the past month, which has come on Strong relative transaction volume.
AK Steel Holding Corporation (AKS) belonging to the Basic Materials sector has declined -1.53% and closed its last trading session at $6.42. Comparatively, AK Steel Holding Corporation posted earnings of $0.1 per share in the same quarter past year. During the same period in the prior year, the firm posted ($0.31) EPS.
United States Steel Corporation (X) is an interesting player in the Basic Materials space, with a focus on Steel & Iron.
The business also recently disclosed a quarterly dividend, which was paid on Friday, June 9th. Investors of record on Wednesday, May 10th were given a dividend of $0.05 per share. Teachers Advisors LLC boosted its position in shares of AK Steel Holding Corporation by 63.5% in the first quarter.
Several brokerages have recently commented on TMST. Vetr downgraded United States Steel Corporation from a "sell" rating to a "strong sell" rating and set a $32.95 price objective for the company.in a research note on Thursday, February 16th. Jefferies Group LLC reduced their price target on shares of Timken Steel Corporation from $18.00 to $16.50 and set a "hold" rating on the stock in a research report on Wednesday, April 19th.
Shares of United States Steel Corporation (X) traded down 1.50% during mid-day trading on Thursday, hitting $20.37.
When it comes to the Analysis of a Stock, Price Target plays a vital role.
The collective rating of 2.6 for AK Steel Holding Corporation (AKS) also leans strongly towards the neutral end of the spectrum. United States Steel Corporation presently has an average rating of "Hold" and an average target price of $30.35. So if it is showing 3.5 relative volume that means it is trading at 3.5 times its normal volume. Perhaps, that suggests something about why 49.33% of the outstanding share supply is held by institutional investors. Beta value of the stock is marked at 2.89. The shares were acquired at an average cost of $19.96 per share, for a total transaction of $199,600.00. Following the completion of the acquisition, the director now directly owns 21,872 shares of the company's stock, valued at approximately $436,127.68. The disclosure for this purchase can be found here.