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.
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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.