Presently, it has a Return on Equity (ROE) of -12.50% and Return on Investment (ROI) of -4.00%. (NYSE:X) in a research note published on Wednesday, May 3rd. Jefferies maintained AK Steel Holding Corporation (NYSE:AKS) rating on Wednesday, September 16. On average, analysts expect that Olympic Steel, Inc. will post $1.25 earnings per share for the current fiscal year.
AK Steel Holding Corporation (AKS) has a market capitalization of 1.72 Billion which suggests the company is a huge company further suggesting that the shares of AK Steel Holding Corporation (AKS) are stable and safe compared to the lower market capitalization companies.
Analyst recommendation for this stock stands at 2.60. Bank of America Corp cut United States Steel from a "buy" rating to a "neutral" rating in a report on Wednesday, April 26th. It has been suggested as "Buy Opinions" from 4 and 0 issued "Sell Thoughts" for the stock. The stock is now trading -1.88% below its SMA 50 and -1.26% below its SMA 200. Boston holds 0.01% of its portfolio in AK Steel Holding Corporation (NYSE:AKS) for 563,758 shares. State of Tennessee Treasury Department now owns 8,563 shares of the basic materials company's stock valued at $159,000 after buying an additional 1,292 shares in the last quarter. However a year ago for the same quarter the company has reported $-0.31 EPS.
AK Steel Holding Corporation (AKS)'s distance from 200 day simple moving average is -23.19 percent, its distance from 50 day simple moving average is -20.55 percent, while its distance from 20 day simple moving average is -11.04 percent. United States Steel Corporation disclosed in a document filed with the US Securities and Exchange Commission (SEC) that Director Sutherland David has acquired 10,000 shares of United States Steel Corporation (X) in trading session dated May.More news: Oil prices retreat on profit-taking
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The company has mean EPS estimate of 0.2 reported by 12 number of analyst for the quarter ending Jul 24, 2017- Jul 28, 2017. The company had revenue of $334.90 million for the quarter, compared to analyst estimates of $305.41 million. Barclays Capital maintained the shares of AKS in report on Wednesday, July 13 with "Equalweight" rating. If you are reading this news story on another website, it was stolen and reposted in violation of USA and worldwide trademark and copyright law. The original version of this story can be viewed at https://www.thecerbatgem.com/2017/05/18/olympic-steel-inc-zeus-director-michael-g-rippey-purchases-4000-shares-updated.html. Stockholders of record on Wednesday, May 10th will be paid a dividend of $0.05 per share. The ex-dividend date of this dividend is Tuesday, May 30th. This represents a $0.08 dividend on an annualized basis and a yield of 0.47%. United States Steel's dividend payout ratio (DPR) is now -6.83%. The RSI computes momentum as the ratio of higher closes to lower closes: stocks which have had more or stronger positive changes have a higher RSI than stocks which have had more or stronger negative changes.
The stock being overvalued and undervalued sometimes depends upon the market situation as well. As per Friday, August 19, the company rating was downgraded by KeyBanc Capital Markets. AKS's SI was 54.21 million shares in May as released by FINRA.
In the transaction dated December 07, 2016, the great number of shares disposed came courtesy the President & CEO; Filho Mario Longhi disposed a total of 111,550 shares at an average price of $36.62, amounting to approximately $4,084,961. EPS serves as an pointer of a company's profitability. It has a 36-month beta of 1.86, so you might be in for a bumpy ride.
Large investors have recently added to or reduced their stakes in the company. Two Sigma Investments LP raised its position in shares of Olympic Steel by 138.2% in the fourth quarter. Goldman Sachs Group Inc sold 1.52M shares as Ak Stl Hldg Corp (Put) (NYSE:AKS)'s stock 0.00%. Bnp Paribas Arbitrage invested in 0% or 84,905 shares. Texas Permanent School Fund raised its position in United States Steel by 0.3% in the first quarter. Institutional investors and hedge funds own 75.29% of the company's stock. Rockefeller Fincl Serv holds 633,311 shares or 0.93% of its portfolio. About 812,370 shares traded. The institutional ownership stake in the corporation is 67.50%.