$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.

More news: N. Korea Proposes Working-Level Talks to Discuss Sending Performing Artists
More news: Mondelez International, Inc. (MDLZ), KeyCorp. (KEY) — Trending Stocks Alert
More news: Chopper with eight on board goes missing off Mumbai coast

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.

Related Articles

  • USA  settles near 3-year highs despite United States  inventory rise

    USA settles near 3-year highs despite United States inventory rise

    President Donald Trump to go against the principles of the Joint Comprehensive Plan of Action and not extend waivers to Iran. Production was expected to hit 10.04 million bpd during the first quarter of this year, the agency said in a monthly report.

    Independent Advisor Alliance Has $2.11 Million Position in Merck & Co., Inc. (MRK)

    The institutional investor owned 53,846 shares of the company's stock after buying an additional 275 shares during the period. Robinson Capital Management Llc holds 1.59% of its portfolio in BlackRock MuniYield Quality Fund II, Inc. for 265,926 shares.
    KFC is accepting Bitcoin for fried chicken in this country

    KFC is accepting Bitcoin for fried chicken in this country

    In recent months the bitcoin network has become almost unusable for day-to-day commerce and small transactions. According to the data from CoinMarketCap , now Bitcoin price makes up $13637.
  • Suspect in custody after Greyhound bus pursuit across state lines, police say

    Suspect in custody after Greyhound bus pursuit across state lines, police say

    The passenger - "a disorderly and possibly armed" man - was arrested when the bus came to a stop near Wadsworth, Illinois. Greyhound officials say they are working to get a relief bus to the scene to pick up passengers and take them to Chicago.

    Flores responds to Trump's controversial remarks about other nations

    So, our history here with the United States goes back a long, long, long way. "That's not how a president behaves". The sources spoke on condition of anonymity because they weren't authorized to publicly describe the conversation.
    Billie Jean King says it's time to rename Margaret Court Arena

    Billie Jean King says it's time to rename Margaret Court Arena

    Whether any of the hundreds of players who might be assigned matches there would refuse to compete is yet unknown. She has a tennis centre named after her in New York City and said the honour came with great responsibility.
  • Steady Activities: Zoetis Inc. (ZTS), Occidental Petroleum Corporation (OXY)

    Cheviot Value Mgmt Limited Liability Corporation has invested 3.43% in Apple Inc. 0 analysts gave its stock an Outperform rating. To measure price-variation, we found OXY's volatility during a week at 1.27% and during a month it has been found around 1.09%.
    Dark Souls Remastered announced Nintendo Switch, PS 4, Xbox One

    Dark Souls Remastered announced Nintendo Switch, PS 4, Xbox One

    You can catch up on the Dark Souls announcement and all the latest Switch happenings by checking out today's Nintendo Direct Mini. Hidden in the world of DARK SOULS: REMASTERED are nine online covenants to uncover that will motivate your online interactions.

    Search Continues For Survivors After Southern California Mudslides Hit

    The mudslides struck the communities hit hard by the Thomas fire in December, the largest wildfire in California's modern history. Crews rescued 50 people by air and dozens more by ground, with about 500 firefighters responding from across the state.
  • SD Pride will march in 2018 MLK Parade

    SD Pride will march in 2018 MLK Parade

    Marin Luther King Jr. will feature Grammy nominated performer Vanessa Williams along with the Let Freedom Ring Choir. However, many saw it as Trump's way of using his sole African-American as a prop to show how "not" racist he is.
    Australian Open 2018: 5 first round matches to watch

    Australian Open 2018: 5 first round matches to watch

    Federer went on to win Wimbledon for his 19th major and finished the year ranked No. 2 behind Nadal, who won the French and U.S. Britain's sole representative Kyle Edmund will face big-serving US Open runner-up Kevin Anderson in the first round.
    Pokemon Go Adds Surfing Pikachu as Part of Monthly Event

    Pokemon Go Adds Surfing Pikachu as Part of Monthly Event

    The cost of the lures as well as every other item in the Pokemon GO in-game store will be... exactly the same as they always are. Niantic revealed Pokemon GO Community Day this week as a monthly event that'll take place at parks around the world.