AK Steel Holding Corporation (AKS) Upgraded to Buy at Longbow Research

Three analysts have issued estimates for United States Steel's earnings, with estimates ranging from $0.22 to $0.80. Arizona State Retirement System raised its position in United States Steel Corporation by 0.9% in the first quarter. The business is expected to report its next earnings report on Tuesday, July 25th. On average, equities analysts anticipate that AK Steel Holding Corporation will post $0.61 earnings per share for the current fiscal year. Zacks' earnings per share averages are an average based on a survey of research firms that that provide coverage for United States Steel.

Analysts await United States Steel Corporation (NYSE:X) to report earnings on July, 25. The fund owned 22,316 shares of the basic materials company's stock after buying an additional 882 shares during the period. It is the amount of net income returned as a percentage of shareholders equity. The firm had revenue of $2.73 billion during the quarter, compared to analysts' expectations of $2.91 billion. During the same period in the previous year, the company earned ($2.15) earnings per share. The company's revenue for the quarter was up 1.0% on a year-over-year basis.

X has been the topic of several research reports. Vetr lowered shares of United States Steel from a "strong-buy" rating to a "buy" rating and set a $38.38 price target on the stock.in a report on Tuesday, April 11th. Axiom Securities reiterated a sell rating on shares of United States Steel Corporation in a report on Friday, March 3rd. They noted that the move was a valuation call. Cowen & Co downgraded United States Steel Corporation (NYSE:X) on Wednesday, May 10 to "Market Perform" rating. Five equities research analysts have rated the stock with a sell rating, ten have given a hold rating and seven have issued a buy rating to the company's stock. (NYSE:BBY) was down -1.59% at $55.65 on Friday, in a 52-week range of $28.94 to $61.95 and with a consensus analyst target price of $60.39. Following the acquisition, the director now owns 98,919 shares in the company, valued at approximately $1,974,423.24. The purchase was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The shares were acquired at an average price of $19.31 per share, for a total transaction of $28,965.00.

Davis says will talk in positive and constructive tone
However, it seems unlikely he will be able to resist public comment on the Brexit process, which he has described as a "tragedy". The Prime Minister's legacy will be defined by whether she makes good on her promise to make a success of Brexit .

The P/E ratio is 16.55 and the market cap of the company is 17.52B. The disclosure for this purchase can be found here. Market Capitalization if basically the market value of the company's shares outstanding. Company insiders own 1.00% of the company's stock. Northwestern Mutual Investment Management Company LLC increased its position in shares of United States Steel Corporation by 1.1% in the first quarter. Marianas Fund Management LLC purchased a new position in United States Steel Corporation during the first quarter valued at about $9,758,000. Dimensional Fund Advisors LP now owns 2,316,922 shares of the basic materials company's stock worth $35,867,000 after buying an additional 502,885 shares during the period. Renaissance Technologies LLC now owns 5,655,000 shares of the basic materials company's stock valued at $186,672,000 after buying an additional 2,305,300 shares during the last quarter. State Street Corp increased its position in United States Steel by 0.5% in the first quarter. Federated Investors Inc. PA now owns 91,909 shares of the basic materials company's stock worth $3,034,000 after buying an additional 686 shares during the period. Texas Permanent School Fund now owns 126,189 shares of the basic materials company's stock worth $4,266,000 after buying an additional 407 shares in the last quarter. Cogut Charles I also bought $30,635 worth of Williams Companies Inc (NYSE:WMB) shares.

The average 1-year price target for AK Steel Holding Corporation (NYSE:AKS) - averaging the work of different analysts - reveals a mean PT of $8.05/share. About 2,350 shares traded. The 200 SMA is considered so critically important a trend indicator that the event of the 50-day SMA crossing to the downside of the 200-day SMA is referred to as a death cross, signaling a serious bear market in a stock, index or other investment. Year to Date (YTD) performance of AK Steel Holding Corporation (AKS) is -41.33 percent while its Performance (Week) is -4.01 percent and Performance (month) is at 9.51 percent. $19.94's average target is -1.09% below currents $20.16 stock price. The company declared a dividend paid on Friday the 9th of June 2017. The dividend payment will be $0.378 per share for the quarter or $1.51 annualized. The ex-dividend date was Monday the 8th of May 2017. This represents a change of -0.69% from the opening. United States Steel Corporation's dividend payout ratio is presently -12.20%.

"TRADEMARK VIOLATION NOTICE: "[[title]]" was first posted by [[site]] and is owned by of [[site]]. If you are reading this story on another site, it was copied illegally and reposted in violation of US & worldwide trademark and copyright law.

Related News:

  • Portugal awaits foreign help to fight deadly wildfires

    Portugal awaits foreign help to fight deadly wildfires

    France also sent three aircraft and Greece's prime minister had made the offer to send his country's firefighters to the region. Gomes also said that eight firefighters were among the injured - four of them in serious condition.
    Alun Wyn to captain Lions against Crusaders

    Alun Wyn to captain Lions against Crusaders

    CJ Stander had scored a try on his debut for the Lions to put them 7-5 ahead after R Ioane had gone in for the Blues . Scott Robertson said his unbeaten Crusaders side is relishing the chance to come up against Warren Gatland's Lions .

    Russia obey Putin's orders with opening-day win

    Portugal face Mexico at the Kazan Arena while Cameroon and Chile will meet at the Otkritie Arena in Moscow. It helped the Russian team to seize the lead after twice having shots stopped on the line.
  • Piermont Capital Management Inc. Reduces Stake in Fossil Group, Inc. (FOSL)

    Renaissance Technologies LLC acquired a new position in Fossil Group during the fourth quarter worth approximately $217,000. Fossil Group, Inc is a design, marketing and distribution company that specializes in consumer fashion accessories.

    Van Hits Worshippers At North London Mosque

    The scene at Finsbury Park shortly after the attack. "My prayers are with the victims and their families", read the statement . The force said the investigation of the incident is being carried out by the Counter Terrorism Command.
    Nadal captures record 10th French Open

    Nadal captures record 10th French Open

    And should he remain fit and healthy, expect to see him crowned as the world's best player once again. Thank you to the organisers, the other players, to all the people that make this tournament possible.
  • Israeli police officer killed in Jerusalem stabbing, 2 attackers shot dead

    The Islamist movement Hamas that rules the Gaza Strip condemned the shooting of the Palestinians as a "crime by the occupation". Most of the Palestinians killed were allegedly carrying out knife, gun or car-ramming attacks, Israeli authorities say.
    London fire: 58 confirmed or presumed dead after Grenfell Tower disaster

    London fire: 58 confirmed or presumed dead after Grenfell Tower disaster

    It includes 30 deaths that already have been confirmed, and reports of people who are missing and presumed to have been killed. Earlier this week, May was confronted by protesters furious over her handling of the Grenfell Tower disaster.

    Bill Cosby's attorney says he is worried about entertainer's health

    An eighth woman withdrew her lawsuit and a federal judge dismissed a ninth accuser's case, finding her complaint inadequate. Legal experts say prosecutors in Bill Cosby's sexual assault case are likely to reshape their case for the second trial.
  • 'Number of casualties' after vehicle strikes London pedestrians

    Witnesses described hearing the man, who was detained by members of the public at the scene, shout: "I'm going to kill Muslims". Police said the male driver had also been taken to hospital as a precaution and would receive a mental health assessment .

    London attacker wanted 'to kill all Muslims'

    The incident comes at a time when emotions are high in England, where there have been several recent terrorist attacks. It was several hours too late for numerous Muslims who had witnessed the incident. "Our prayers are with the victims".
    Man behind UK mosque attack not known to security services-minister

    Man behind UK mosque attack not known to security services-minister

    An AFP reporter could see a helicopter and many emergency vehicles at the scene, which was closed off by a large police cordon. Police said the male driver had also been taken to hospital as a precaution and would receive a mental health assessment.


Most liked

One dead in London mosque attack
The Foreign Ministry has confirmed that there have been no reports of Malaysians involved in the Finsbury Park attack in London . Toufik Kacimi, chief executive of the Muslim Welfare House, tells Sky News there is no "need to react with tension".

With 2-day delay, UK Parliament set to open on June 21
Leadsom said: "the government has agreed with Buckingham Palace that the State Opening of Parliament will take place on June 21". The state opening had been scheduled for June 19 - the same date on which the Brexit negotiations were due to...

Burling, Kiwis beat Oracle third time in America's Cup
Cycling nerd John MacLeary wants to know whether the cyclors on board the New Zealand boat wear trainers or cycling shoes. The challenging team showed their dominance in light winds, pulling away for convincing victories in all four races.

Suspect Held in Mosque Attack
A number of police and ambulances were in attendance. "My friend said he said some words, but I didn't hear it", he said. Video posted online of the aftermath of Monday's attack showed a scene of chaos as people tried to help the injured.

Could Ascena Retail Group Incorporated (NASDAQ:ASNA) Change Direction After More Shorts?
On average, equities research analysts anticipate that Ascena Retail Group will post $0.12 EPS for the current fiscal year. Moreover, Blackrock Institutional Tru Na has 0% invested in Ascena Retail Group Inc (NASDAQ:ASNA) for 4.42 million shares.

Lennar Corporation (LEN) Now Covered by Analysts at Mizuho
With 2.35 million avg volume, 7 days are for Truecar Incorporated (NASDAQ:TRUE)'s short sellers to cover TRUE's short positions. Lennar Corporation (NYSE:LEN) has a market cap of $12.26 billion and over the last 12 months, LEN has gone stronger by 15.91%.

Gabriel not ready for West Indies return
West Indies are ranked ninth in the ICC ODI table, with only the top eight guaranteed qualification for the World Cup in 2019. Team India ended as runners-up after losing the final against traditional rivals Pakistan by 180 runs at The Oval in London.

Rockstar Games Issues A Statement On The Recent GTAV Modding Crackdown
On the other hand, the petition to save OpenIV which is single player modding tool has now reached 36,000 signatures. While some do understand Take-Two's position, most gamers won't.

UK officials treating mosque attack as terrorism
The incident comes at a time when emotions are high in the United Kingdom , in the wake of a series of deadly terrorist attacks. The incident comes weeks after a van hit pedestrians on London Bridge and knife-wielding attackers killed eight people nearby.

Northam Wins Virginia Democratic Primary For Governor As GOP Race Remains Tight
But first, Perriello praised Northam for winning a "great victory, and offered him my full and unequivocal support". Republican on of his Board of Supervisors endorsed Gillespie but won Prince William County with 60% of the vote.

One dead as van rams pedestrians near London mosque
I tried to stop him (the suspect), some people were hitting him but I said stop him and keep him until the police came. The group's general secretary, Harun Khan , said that eyewitnesses saw the van driver hit a number of Muslims.

Victor Lindelof: Manchester United move hinged on Jose's call
The Black Eagles have won the Turkish league for two seasons running and have booked a place in next seasons Champions League. Mourinho has set his sights on signing Real Madrid striker Alvaro Morata to bolster his strike force for the new season.

79 now believed to have died in London high-rise fire
Police say at least 58 people are either confirmed or presumed dead, with the figure likely to rise in coming days. Five people who had been reported missing after the disaster have been found safe and well, he said.

Scalise Upgraded From Critical To Serious Condition
He had with him a piece of paper with doodles and the names of three politicians, according to a person familiar with the case. The American Hospital Association defines "critical" condition as: "Vital signs are unstable and not within normal limits".

Cuba Blasts Trump's Policy Speech as 'Hostile Rhetoric'
On Friday, Trump signed an executive order that reversed several parts of policies enacted by former President Barack Obama . Trump's approach is aimed at halting the flow of USA cash to the country's military while maintaining diplomatic relations.