Several equities analysts have issued reports on the company. Finally, Jefferies Group reissued a buy rating on shares of AK Steel in a research report on Friday, November 10th. Morgan Stanley raised AK Steel Holding from an "equal weight" rating to an "overweight" rating in a research note on Monday, November 14th. Axiom Securities raised United States Steel from a "sell" rating to a "hold" rating and reduced their price objective for the company from $41.83 to $18.55 in a research note on Monday, December 11th. The rating was maintained by Oppenheimer with "Hold" on Monday, July 24. Barclays Capital maintained AK Steel Holding Corporation (NYSE:AKS) rating on Wednesday, July 13.
AKS's mean recommendation on Reuter's scale slipped from 2.42 thirty days ago to 2.25 now, which indicates a hold consensus from the analyst community. Current price places the company's stock -11.33% away from its 200-day simple moving average, -11.8%, away from the 50-day average and also 6.5% away from 20-day average.
Longbow Research "Upgrades" AK Steel Holding Corp (NYSE:AKS) in a research note issued to investors on 12/20/17 to Buy with price target of $0. The company has a current ratio of 1.92, a quick ratio of 0.75 and a debt-to-equity ratio of 11.89. United States Steel has a 52 week low of $18.55 and a 52 week high of $41.83. United States Steel Corporation (NYSE:X) has risen 45.54% since January 5, 2017 and is uptrending. The basic materials company reported $0.92 EPS for the quarter, topping the Zacks' consensus estimate of $0.67 by $0.25. United States Steel had a net margin of 1.05% and a return on equity of 10.27%.
SEC Probing Kushner Company Role In Visas-For-Money Program
The exact subject of the SEC's inquiry, or whether it identified particular projects, is not clear, the Journal reported. The commission subpoenaed the business for information about how it used the program in May, according to the Journal.
United States Steel Corporation (NYSE:X) has shown an EPS growth of 3.50% in the last 5 years and sales growth of -10.00% for the same year while for the next 5 years; the EPS growth estimates 8.00%.Along with this Sales growth yoy (quarter over quarter) was considered as 20.90%. The firm's quarterly revenue was up 20.9% compared to the same quarter last year. research analysts predict that United States Steel will post 1.79 earnings per share for the current fiscal year. Schwab Charles Investment Management Inc. increased its holdings in shares of AK Steel by 14.8% in the 2nd quarter. (NYSE:X) SVP David J. Rintoul sold 17,640 shares of the stock in a transaction on Tuesday, January 2nd. Following the completion of the sale, the senior vice president now directly owns 61,279 shares of the company's stock, valued at $2,052,846.50. (NYSE:LB) by 0.99% during the September 2017 quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The shares were sold at an average price of $36.57, for a total transaction of $645,094.80. First Trust Advisors LP now owns 377,889 shares of the basic materials company's stock valued at $2,483,000 after purchasing an additional 137,078 shares during the period. The disclosure for this sale can be found here. The stock has a market capitalization of $5,750.00, a price-to-earnings ratio of 23.37 and a beta of 3.00. The Connecticut-based Corecommodity Management Llc has invested 1.56% in the stock.
Hedge funds and other institutional investors have recently made changes to their positions in the business. BlackRock Inc. raised its position in shares of United States Steel by 0.4% during the second quarter.
Snow Capital Management Lp, which manages about $3.43 billion and $2.07 billion US Long portfolio, decreased its stake in Pbf Energy Inc (NYSE:PBF) by 372,965 shares to 3.36M shares, valued at $92.68 million in 2017Q3, according to the filing. Enterprise Financial Services Corp acquired a new stake in shares of United States Steel during the third quarter worth about $120,000. AK Steel Holding Co. Zurcher Kantonalbank Zurich Cantonalbank now owns 6,975 shares of the basic materials company's stock worth $154,000 after purchasing an additional 674 shares in the last quarter. Regal Investment Advisors LLC boosted its position in United States Steel by 29.2% in the second quarter. Moreover, Kenmare Capital Partners L.L.C. has 4.36% invested in the company for 177,700 shares. NJ State Employees Deferred Compensation Plan acquired a new stake in shares of United States Steel during the third quarter worth about $205,000.
Eli Lilly (NYSE:LLY) Gets an Upgrade to a "Hold" Rating
Chartist Inc decreased its stake in Comcast Corp New C (CMCSA) by 0.93% based on its latest 2017Q3 regulatory filing with the SEC. The company was maintained on Tuesday, April 12 by Rodman & Renshaw. (NASDAQ:AAPL) on Monday, October 23 with "Buy" rating.
Baker Hughes, a GE company (NYSE:BHGE) closed at $34.63 a share in the latest session and the stock value rose nearly 9.45% since the beginning of this year. The stock of General Electric Company (NYSE:GE) earned "Outperform" rating by Credit Suisse on Monday, November 23.
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Valeo Financial Advisors LLC Buys New Holdings in FedEx Co. (FDX)
Citigroup reiterated a buy rating and issued a $280.00 price target on shares of FedEx in a report on Wednesday, December 20th. Downey Thomas J also sold $32,321 worth of The Boeing Company (NYSE:BA) shares. (NASDAQ:LOPE) on Thursday, August 10.