Is AK Steel Holding Corporation (AKS) a good buy?

Paterniano Del Favero
Aprile 20, 2017

Longbow Research initiated coverage on shares of United States Steel Co. LS Investment Advisors LLC now owns 10,911 shares of the basic materials company's stock valued at $206,000 after buying an additional 2,124 shares during the period.

United States Steel Corporation (NYSE:X) was down -0.52% (-$0.15) to $28.73 and showed a volume of 24.67 mln shares. While some analysts have a High Price target for the stock of $60 and a Low Price Target of $10. The analyst with the most aggressive viewpoint sees the stock heading towards $12 within the next 12 months while the most bearish sees the shares going to $5 in that same timeframe. Impala Asset Management LLC owned about 1.23% of United States Steel Corporation worth $70,038,000 as of its most recent SEC filing.

In the past trading session, Kinross Gold Corporation (NYSE:KGC) highlighted downward shift of -1.30% or -0.05 points to $3.80.

Earnings per share (EPS) is the portion of a company's profit allocated to each outstanding share of common stock. By reviewing stock prices from the stock market history of the company and examining its analysts ratings can give an investment picture with updated information of stock which helps investors to make investing decision. Shares are trading -4.76% below their 50-day moving average, and -12.11% below their 200-day moving average. The company reported $0.27 EPS for the quarter, beating the Zacks' consensus estimate of $0.01 by $0.26.

In the profitability analysis, net profit margin of the firm was recorded at -4.30% and operating profit margin was calculated at -1.80% while gross profit margin was measured as 6.20%. The company has a 1 Year high price target of $38.46.

A current consensus EPS estimate for next quarter is at $-0.14 and 3 month ago EPS forecast was $-0.10. The business's revenue was up 3.0% on a year-over-year basis. On average, equities research analysts expect that United States Steel will post $2.92 EPS for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 10th.

ILLEGAL ACTIVITY NOTICE: "United States Steel Co". Equity research analysts have given opinions on where they foresees the stock level. Morgan Stanley upgraded the shares of AKS in report on Monday, November 14 to "Overweight" rating. Jefferies maintained AK Steel Holding Corporation (NYSE:AKS) rating on Wednesday, July 27. United States Steel now has an average rating of "Hold" and a consensus target price of $35.21.

The company has mean EPS estimate of 0.21 reported by 13 number of analyst for the quarter ending April 24, 2017- April 28, 2017.

Market Capitalization can be thought of as the overall price to buy the company. Citigroup Inc cut AK Steel Holding from a "neutral" rating to a "sell" rating and set a $8.00 price objective on the a research report on Thursday, January 19th. Analyst's mean target price for AKS is $9.61 while analysts mean recommendation is 2.80.

On 2/2/2015 Joseph C Alter, VP, bought 2,000 with an average share price of $3.79 per share and the total transaction amounting to $7,580.00. Analysts reported that the Price Target for AK Steel Holding Corporation might touch $13 high while the Average Price Target and Low price Target is $9.22 and $4.5 respectively. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The shares were sold at an average price of $35.00, for a total value of $1,907,500.00. The company has price-to-sale ratio of 0.35 in last 12-month period. The disclosure for this sale can be found here. These ratios are important while doing valuation of the company or the shares of the company. Company insiders own 1.31% of the company's stock. The Company is engaged in producing flat-rolled and tubular products with production operations in North America and Europe. The Firm operates through three divisions: Flat-Rolled Products, U.

A number of hedge funds have recently added to or reduced their stakes in X.

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