AK Steel Holding Corporation (NYSE:AKS) Analysts Remain Upbeat Despite -45.83% Loss
AK Steel Holding Corporation (NYSE:AKS) Analysts Remain Upbeat Despite -45.83% Loss
13 July, 2017, 21:15
The business is scheduled to issue its next earnings results after the market closes on Tuesday, July 25th.
According to analysts AK Steel Holding Corp (NYSE:AKS)'s minimum EPS for the current quarter is at $0.09 and can go high up to $0.18. While for the next 5 years, the growth estimate is 33.84%.
Analyst mean recommendation rating on a stock by the analyst community is at 2.70.
United States Steel Corporation (NYSE:X) last announced its quarterly earnings data on Tuesday, April 25th. The basic materials company reported ($0.83) EPS for the quarter, missing the consensus estimate of $0.35 by $1.18. AK Steel Holding Corporation had a lower negative return on equity of 235.11% and a net profit margin of 1.16%. The business had revenue of $1.53 billion during the quarter, compared to analysts' expectations of $1.49 billion. While in the same Quarter Previous year, the Actual EPS was $0.08. The company's quarterly revenue was up 1.0% compared to the same quarter past year.
A number of brokerages recently weighed in on X. Finally, Standpoint Research raised United States Steel Corporation from a "hold" rating to a "buy" rating and set a $28.00 price target on the stock in a research report on Wednesday, June 7th. The stock of United States Steel Corporation (NYSE:X) earned "Buy" rating by Argus Research on Tuesday, November 24. AK Steel Holding Corporation P/E (price to earnings) ratio is 22.3 and Forward P/E ratio of 8.31.
On December 5 Deutsche Bank maintained a stock rating of "Buy" and raised the price target from $26.00 to $40.00. Five equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and nine have assigned a buy rating to the company. The stock presently has an average rating of "Hold" and an average price target of $29.44. The company's stock had a trading volume of 2,376,204 shares.
May shed a 'little tear' over election failure Asked if she started to cry on hearing the result, the PM told presenter Emma Barnett, " Yes, a little tear at that moment". She said she was impressed with the way he had reacted to the terror attack at Finsbury Park in his constituency.
Market capitalization is the total market value of all of a company's outstanding shares.
AK Steel Holding Corporation (AKS)'s distance from 200 day simple moving average is -16.08 percent, its distance from 50 day simple moving average is 1.49 percent, while its distance from 20 day simple moving average is -2.72 percent. The stock touched an intraday high of $28.11 and an intraday low of $27.55. It has a dividend yield of 0.90%. The ex-dividend date was set for Monday the 8th of May 2017. Director David Sutherland bought 10,000 shares at an average price of $19.96 on May 12th. Director Stephen J. Girsky acquired 2,500 shares at an average price of $19.94 on Tue the 16th. Following the acquisition, the director now directly owns 98,919 shares in the company, valued at $1,974,423.24. The purchase was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Several studies suggest that positive earnings surprises not only lead to an immediate hike in a stock's price, but also to a gradual increase over time. Following the completion of the transaction, the director now owns 21,872 shares of the company's stock, valued at approximately $436,127.68. The disclosure for this purchase can be found here.
On the other hand the company has Relative Strength Index (RSI 14) of 43.17 along with Average True Range (ATR 14) of 0.33, Consequently AK Steel Holding Corp (NYSE:AKS)'s weekly and monthly volatility is 5.67%, 5.04% respectively. Insiders own 1.00% of the company's stock. Institutional investors and hedge funds own 66.84% of the company's stock.
In Monday trading United States Steel Corporation (X) stock is attractive participant of Wall Street Market. Based on a recent bid, the stock is trading -8.00% away from it's 52- week high and 42.82% away from its 52 week low. AK Steel Holding Corporation (AKS) has risen 58.12% since July 12, 2016 and is uptrending. Acrospire Investment Management LLC increased its position in United States Steel Corporation by 241.1% in the first quarter. Acrospire Investment Management LLC now owns 6,212 shares of the basic materials company's stock worth $210,000 after buying an additional 4,391 shares during the last quarter. The company reported revenue of $1.62 Billion in the same period a year ago. Its last month's stock price volatility remained 4.81% which for the week stands at 4.87%.
Multiple company employees have indulged in significant insider trading. "AK Steel has also underperformed the Zacks categorized "Steel-Producers" industry over a year". The Company is involved in producing flat-rolled and tubular products with production operations in North America and Europe. The Company operates through three segments: Flat-Rolled Products (Flat-Rolled), U. S. Steel Europe (USSE) and Tubular Products (Tubular).
Respondent 1 refers to Prime Minister Sharif; Respondent 6 was Maryam; Respondent 7 Hussain; while Respondent 8 was Hassan. The probe team also concluded that she presented forged documents to the JIT which is a criminal offence.
Shares in Game Digital are now up 5.15 percent and similarly, shares in Sports Direct ticked up 1.57 percent as of 15.22PM (GMT). The sports chain's billionaire boss Mike Ashley has snapped up 44m GAME shares - which equates to 25.75 per cent of the company.
Netflix will finance The Irishman and distribute to cinemas for an Oscar-qualifying run, with filming set to take place in NY . Deadline reported that Pesci had turned down the role several times, but finally signed on.
On top of that, Amazon says that it sold more subscriptions to Prime than it has on any single day in its history . Like previous editions, Amazon products such as the Echo and Fire tablets were some of the biggest sellers.
Penney Company Inc (NYSE:JCP) has Relative Strength Index (RSI 14) of 42.42 along with Average True Range (ATR 14) of 0.22. Digging a bit further, company shares have been noted -58.31% off the 52 week high and 6.58% away from the 52 week low.
While the Toronto crowd was clearly against him, Mayweather was quick to remind his opponent, "The f-- fans can't fight for you". Overall, it was a phenomenal piece of fight promotion, which you can watch below. "Pay your taxes!" at Mayweather.
Microsoft has released all the information and details you need for the update, and you can get more information through the link. With co-streaming, you and up to three of your friends can broadcast together to create a shared, multi-view experience on Mixer.
Former President Jimmy Carter became dehydrated and was admitted to a hospital in Winnipeg, Canada, on Thursday. Winnipeg Regional Health Authority spokesperson Anne Bennett told CNN Carter was admitted to St.
In an effort to be "totally transparent", Donald Trump Jr posted the incriminating chain of emails on Twitter. None that I can think of at the moment. "I can't think of any more in all honesty".
Lily James cast in Mamma Mia sequel
James already has a background in musicals, having starred and sang in Kenneth Branagh's live-action remake of Cinderella . Universal's senior vp production Kristen Lowe and creative executive Lexi Barta will oversee production for the studio.
Apple iPhone 8 and its top features to look forward to
This means even though Apple employees are working hard, we may not see the laser system in this year's edition of iPhone. Now as to when Apple will officially release the iPhone 8, that remains subject to a number of conflicting reports.
19 killed, 23 injured in Borno Boko Haram attacks
The spokesman of the Civilian JTF, Danbatta Bello told journalists that the bombers specifically targeted his colleagues on duty. SEMA operatives in face-masks and white overalls were seen removing body parts from the scene of the attacks today .
New video shows gameplay from Mario Kart Arcade GP VR
Unfortunately for those of us outside of Japan, it looks like this won't be available as a home product anytime soon. You can toss shells, banana peels, and even get smacked with that dreaded blue shell, all in virtual reality.
What Do Analysts Say About Bristol-Myers Squibb Company (BMY)
Stock price volatility is an indicator that is most often used by options traders to find changes in trends in the market place. On September 9 Barclays maintained a stock rating of "Equal-weight" but lowered the price expectation from $70.00 to $65.00.
Oculus Rift Price Slashed Amid Sales Concerns
According to Facebook's announcement, the integration is meant to "give the people you care about a window into your VR world". This will differentiate itself from leading consumer VR solutions like Samsung's Gear VR and Google's Daydream View.
Top UK watchdogs sound off on Brexit risks
The papers will be presented to the European Union for discussion when formal Brexit negotiations resume in Brussels next week. The eyes of the country are on us and I will work with anyone to achieve this goal and shape a new future for our country .
Braun on Outland Trophy Watch List
He started the first three games at left guard, then shifted to center for two games before moving to right guard for five games. Braden Smith has been selected to the Outland Trophy preseason watch list for the second consecutive season.
Rent-a-Center shares soar after rejecting takeover bid
Stephens lowered Rent-A-Center from an "equal weight" rating to an "underweight" rating in a research note on Friday, March 31st. This company shares are -0.74% up from its target price of $12 and the current market capitalization stands at $671.36M.
Late night reacts to Donald Trump Jr.'s emails
He connected the four Trump officials who have admitted to meeting with Russian ambassadors during the campaign. " You know the whole, "Trump campaign colluded with Russian Federation to influence our election" and the 'Didn't happen, don't know what you're talking about.' Well, it turns out, it did and they do".
Live Crew Member Fresh Kid Ice Dead At 53
Despite the controversy, the album went double platinum and reached No. 3 on the Top R&B/Hip-Hop Albums Billboard chart. He released Freaky Chinese in 2004, which notably featured several appearances from Flo Rida before he hit song charts.