Thursday, 24 May, 2018

AK Steel Holding Corporation (NYSE:AKS) Analysts Remain Upbeat Despite -45.83% Loss

Ben Pena | 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).


Lily James cast in Mamma Mia sequel 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.

'Isn't that untruthful?': NBC anchor grills Trump attorney on Russian Federation emails Trump's lawyers are trying to create daylight between the President and his son for the objective of plausible deniability. He did not mention that the meeting was arranged on the expectation he would receive damaging information about Clinton.

Apple iPhone 8 and its top features to look forward to 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 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 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 .

Kesha Drops Another New Song, the F-Bomb-Filled 'Woman' Kesha Drops Another New Song, the F-Bomb-Filled 'Woman' Unlike the deeply personal ballad " Praying ", this song is a female-empowerment/party anthem that actually recalls the vibe of her early material with label head/former collaborator Dr.

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 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".

No monkeying around: San Francisco court weighs if animal owns selfies No monkeying around: San Francisco court weighs if animal owns selfies Slater says the British copyright for the photos obtained by his company, Wildlife Personalities Ltd., should be honored. The weird legal wrangle dates from 2011 when Mr Slater was on a photographic shoot on the Indonesian island of Sulawesi.

Live Crew Member Fresh Kid Ice Dead At 53 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.

The White House's exceedingly dishonest attack on the Congressional Budget Office The White House's exceedingly dishonest attack on the Congressional Budget Office The reductions were credited to the budget's proposed cuts to mandatory and discretionary spending. The video echoes a talking point White House officials have used for months.