AK Steel Holding Corporation (NYSE:AKS) EPS Analysis

Paterniano Del Favero
Agosto 2, 2017

(X)-3 analysts issued Buy for the stock, 3 analysts gave Outperform rating, 8 think it's a Hold, 1 issued Underperform, while 0 analyst gave a Sell rating.

Several equities research analysts have weighed in on the stock. Deutsche Bank AG raised United States Steel Corporation from a "hold" rating to a "buy" rating and set a $30.00 price objective on the stock in a research report on Friday, June 23rd.

The share of AK Steel Holding Corporation (AKS) now has a value of $5.39 while the company's 52 week low is at $3.87, the shares dropped to the 52 week low on 09/13/16. Also, the current price highlights a discount of 97.28% to analysts' high consensus price target. BidaskClub raised Timken Steel Corporation from a "hold" rating to a "buy" rating in a research report on Sunday, July 16th. Rosenblatt initiated the stock with "Buy" rating in Monday, August 22 report.

Superior Energy Services (NYSE:SPN) shares traded on -3.76% down secure line and closed at $10.76. J P Morgan Chase & Co reiterated an "overweight" rating and issued a $46.00 target price on shares of United States Steel Corporation in a report on Monday, May 1st. The 50 day moving average went up $0.18 or +0.81% whereas the 200 day average was down by -19.86%. Jefferies maintained United States Steel Corporation (NYSE:X) rating on Monday, June 5. For the quarter, shares have been noted at -9.15%. Tekla Healthcare Investors (NYSE:HQH) has risen 1.51% since August 1, 2016 and is uptrending. The firm had revenue of $1.56 billion during the quarter, compared to analyst estimates of $1.55 billion. During the same quarter in the prior year, the company posted ($0.32) earnings per share. Jacobs Levy Equity Mgmt reported 0.03% in AK Steel Holding Corporation (NYSE:AKS). Equities research analysts anticipate that United States Steel Corporation will post $1.46 earnings per share for the current year.

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Additionally the company recently announced a dividend to be paid on Friday the 8th of September 2017. Investors of record on Wednesday, August 9th will be given a dividend of $0.05 per share. The ex-dividend date will be Monday May 8th, 2017. This dividend represents a yield of $0.87. The company reported revenue of $2.86 Billion in the same period past year. The stock was bought at an average price of $19.94 per share, with a total value of $49,850.00. Following the purchase, the director now owns 12,377 shares in the company, valued at $238,999.87. The acquisition was disclosed in a filing with the SEC, which is accessible through this hyperlink. It has a market cap of $1.69 Billion. The shares were acquired at an average price of $19.31 per share, with a total value of $28,965.00. Zurcher Kantonalbank Zurich Cantonalbank now owns 6,301 shares of the basic materials company's stock valued at $213,000 after buying an additional 1,112 shares during the last quarter. The disclosure for this purchase can be found here. Over the last 90 days, insiders have purchased 14,000 shares of company stock valued at $278,415. United States Steel Corporation had 73 analyst reports since July 30, 2015 according to SRatingsIntel. So far, analysts are sticking with their neutral recommendations with the consensus call at 2.3. The ratio has increased, as 156 funds increased and opened new equity positions, while 104 trimmed and sold stakes in Ak Steel Holding Corp. Bocage Capital Llc bought 190,000 shares as the company's stock declined 50.78% while stock markets rallied. Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in United States Steel Corporation by 21.4% in the first quarter. The rating was maintained by Argus Research with "Buy" on Tuesday, November 24. Finally, Private Advisor Group LLC raised its position in shares of United States Steel Corporation by 14.0% in the first quarter. FNY Partners Fund LP now owns 6,700 shares of the basic materials company's stock valued at $226,000 after buying an additional 4,900 shares in the last quarter. Nj State Employees Deferred Compensation Plan has invested 0.02% in AK Steel Holding Corporation (NYSE:AKS).

AK Steel Holding Corporation is a producer of flat-rolled carbon, stainless and electrical steels, and tubular products through its subsidiary, AK Steel Corporation. The Firm operates through three divisions: Flat-Rolled Products, U.

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