AK Steel (NYSE:AKS) Upgraded to "Outperform" by

After $-0.33 actual earnings per share reported by Cray Inc. for the previous quarter, Wall Street now forecasts -178.79% EPS growth.

In the past 52 weeks the company's stock price has moved within the range of $18.55 to $41.83. NJ State Employees Deferred Compensation Plan purchased a new stake in shares of United States Steel in the 3rd quarter valued at $205,000. JPMorgan Chase & Co. now owns 4,458,105 shares of the basic materials company's stock worth $29,290,000 after purchasing an additional 166,605 shares during the last quarter. Highline Capital Management L.P. purchased a new stake in United States Steel during the third quarter valued at $4,215,000. Shares are now up over the past year, outperforming the broad market by -100% and underperformed a peer group of similar companies by -643%. Finally, Northern Trust Corp increased its stake in shares of AK Steel by 3.6% during the 2nd quarter.

AK Steel Holding Corporation has a beta of 1.38, offering the possibility of a higher rate of return, but also posing more risk. Finally, Clarkson Capital raised shares of AK Steel from a neutral rating to a buy rating in a research note on Wednesday, July 26th. Aperio Group LLC now owns 61,087 shares of the basic materials company's stock valued at $1,352,000 after purchasing an additional 19,731 shares during the period. Investors may choose stocks in a specific industry that is gaining strength. The stock was acquired at an average cost of $27.62 per share, for a total transaction of $630,702.70. Following the completion of the transaction, the chief financial officer now directly owns 30,415 shares in the company, valued at $840,062.30. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The average 1-year price target for (DIS) reveals an average price target of $110.23 per share. Following the completion of the transaction, the director now owns 3,009 shares of the company's stock, valued at $75,706.44. The disclosure for this purchase can be found here.

AKS's overall volume in the last trading session was 12,840,494 shares. (NASDAQ:AWRE). Arrowstreet Capital Ltd Partnership owns 46,302 shares or 0% of their USA portfolio.

Wall Street analysts are predicting that AK Steel Holding Corp (NYSE:AKS) will report earnings per share of $-0.13 in their quarterly report. If, for instance, a stock's volumes suddenly increase by a significant amount, it's usually a sign that the level of conviction behind the trade is high.

AK Steel Holding Corp (NYSE:AKS) 52-week high price stands at $11.39 and low price stands at $4.00, its price distance from 52-week high is -57.07% while its distance from 52-week low price is 22.25%. The company has a debt-to-equity ratio of 1.03, a current ratio of 1.89 and a quick ratio of 1.23. The firm has a market cap of $1,539.76, a price-to-earnings ratio of 7.52, a price-to-earnings-growth ratio of 3.94 and a beta of 2.89.

United States Steel (NYSE:X) last issued its earnings results on Tuesday, October 31st. Zurcher Kantonalbank Zurich Cantonalbank boosted its holdings in shares of United States Steel by 10.7% in the 2nd quarter. Earnings, with 12 analysts believing the company would generate an Average Estimate of $0.62.

AK Steel Holding Corporation (NYSE:AKS) shares were trading higher by 0.41 percent ($0.02) at $4.89 a piece in Sunday's session. Shareholders of record on Friday, November 10th will be given a dividend of $0.05 per share.

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 9th. This represents a $0.20 annualized dividend and a yield of 1.01%. United States Steel's dividend payout ratio (DPR) is presently 29.85%. Bank of America set a $32.00 price objective on United States Steel and gave the company a "buy" rating in a report on Friday, October 20th. The average investment recommendation on a scale of 1 to 5 (1 being a strong buy, 3 a hold, and 5 a sell) is 2.50, which implies that analysts are generally neutral in their outlook for AKS over the next year. Currently, the stock is -17.97% from its 50-Day High and 29.00% from the 50-day low.

TRADEMARK VIOLATION WARNING: This news story was originally posted by StockNewsTimes and is the property of of StockNewsTimes. If you are accessing this report on another site, it was illegally stolen and republished in violation of global copyright laws. United States Stl Corp New now has $5.31 billion valuation.

AK Steel Holding Corporation is a producer of flat-rolled carbon, stainless and electrical steels, and tubular products through its subsidiary, AK Steel Corporation (AK Steel). The Company also operates blast furnaces and electric arc furnaces.

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