$0.63 EPS Expected for United States Steel Corporation (X)

$0.63 EPS Expected for United States Steel Corporation (X)

The institutional investor held 25,587 shares of the technology company at the end of 2017Q3, valued at $2.62M, down from 37,620 at the end of the previous reported quarter. This nets out to an increase of 7.05 million shares and is a bullish sign for X.

United States Steel (NYSE:X) last issued its earnings results on Tuesday, October 31st. In the last 27 earnings reports, the company has topped earnings-per-share estimates 0% percent of times. While it's Return on Investment (ROI) value is -4%. The firm had revenue of $3.25 billion for the quarter, compared to analysts' expectations of $3.07 billion. They expect $-0.07 earnings per share, up 41.67% or $0.05 from last year's $-0.12 per share. The business's revenue for the quarter was up 20.9% on a year-over-year basis. The most recent bid on the stock was registered at $61.00.

The 13 analysts offering 12-month price forecasts for AK Steel Holding Corp have a median target of 5.50, with a high estimate of 8.00 and a low estimate of 4.00.

Analysts await AK Steel Holding Corporation (NYSE:AKS) to report earnings on January, 23. BMO Capital Markets reissued a "hold" rating and issued a $7.00 target price on shares of AK Steel in a research note on Thursday, October 5th.

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According to the Recommendation Trends of the stock polled by Zacks Investment Research for this month, the company has a consensus recommendation of 1.48 out of the scale from 1 to 5 where 1 stands for Strong Buy and 5 means Strong Sell. The stock of AK Steel Holding Corporation (NYSE:AKS) earned "Buy" rating by Jefferies on Friday, October 28. Finally, KeyCorp reiterated a hold rating on shares of United States Steel in a report on Friday, November 17th. The company has market cap of $256.29 million. AK Steel Holding Corporation has a one year low of $1.93 and a one year high of $11.39. In this case performance of tends to percentage rate of return for a stock for a given time frame. Of those transactions, there were 517,932 shares of X bought and 483,871 shares sold. Following the transaction, the vice president now directly owns 19,136 shares of the company's stock, valued at approximately $574,080. The company's stock has grown by 20.46 percent in the past 5 years. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Zurcher Kantonalbank Zurich Cantonalbank raised its position in shares of United States Steel by 10.7% during the 2nd quarter. These shares are worth $180,900 and were traded at $6.7 each. The stock has a market capitalization of $2,030.00, a P/E ratio of 42.93, a P/E/G ratio of 2.08 and a beta of 2.90. The disclosure for this sale can be found here. Merriman Wealth Management Llc owns 3.01 million shares or 4% of their United States portfolio. The company moved in the past week with shift of 1.58%. Finally, Shelton Capital Management increased its stake in AK Steel by 6.4% in the 2nd quarter. The Southern Company (NYSE:SO) has risen 2.49% since January 11, 2017 and is uptrending. About 11.22 million shares traded or 4.18% up from the average. Enterprise Financial Services Corp acquired a new position in United States Steel during the 3rd quarter worth $120,000. It worsened, as 40 investors sold AK Steel Holding Corporation shares while 80 reduced holdings.

The top 5 institutional holders, in ascending order, are as follows: VANGUARD GROUP INC with 15.1 million shares, BLACKROCK INC. with 14.73 million shares, AMERIGO ASSET MANAGEMENT with 6.18 million shares, STATE STREET CORP with 5.97 million shares, and GALLAGHER FIDUCIARY ADVISORS, LLC with 3.76 million shares. Riverhead Capital Management LLC now owns 46,239 shares of the basic materials company's stock valued at $1,024,000 after purchasing an additional 939 shares during the last quarter.

COPYRIGHT VIOLATION NOTICE: "United States Steel Co". If you are reading this news story on another website, it was stolen and republished in violation of USA and global trademark and copyright legislation. It produces flat-rolled carbon steel products, including coated, cold-rolled, and hot-rolled carbon steel products; specialty stainless and electrical steels in sheet and strip forms; and carbon and stainless steel that is finished into welded steel tubing.

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