The company provided earnings per share guidance of $1.70 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.08.
News headlines about United States Steel Corporation (NYSE:X) have been trending somewhat positive on Sunday, Accern Sentiment Analysis reports. Dimensional Fund Advisors LP now owns 6,162,355 shares of the basic materials company's stock worth $40,489,000 after buying an additional 772,725 shares during the period. Vanguard Group Inc. raised its stake in United States Steel Corporation by 10.1% in the first quarter. Tightening the gaze, stock performance for the last 5 trading days is -0.56%. Oregon Public Employees Retirement Fund increased its stake in United States Steel Corporation by 4.5% in the first quarter. Finally, Creative Planning raised its position in AK Steel Holding Corporation by 59.1% in the first quarter. Louisiana State Employees Retirement System now owns 128,200 shares of the basic materials company's stock valued at $922,000 after buying an additional 2,400 shares in the last quarter. Finally, Teachers Advisors LLC raised its stake in United States Steel Corporation by 8.6% in the first quarter. Janney Montgomery Scott LLC now owns 34,099 shares of the basic materials company's stock worth $1,153,000 after buying an additional 24,401 shares in the last quarter.
Several institutional investors have recently modified their holdings of the company.
Shares of Timken Steel Corporation (TMST) traded down 0.55% on Thursday, reaching $16.25. The company's P/E ratio is 13.95 and the market cap of the company is 1.68B. The 50 day moving average was down $-0.97 or -15.90% and the 200 day average was down $-1.72. United States Steel Corporation has a 52 week low of $15.72 and a 52 week high of $41.83.More news: Trump warns North Korea against attacking Guam
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Wall Street analysts are predicting that AK Steel Holding Corp (NYSE:AKS) will report earnings per share of $0.04 in their quarterly report. The basic materials company reported $0.19 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.13 by $0.06. The company had revenue of $1.56 billion for the quarter, compared to analysts' expectations of $1.55 billion.
5 year sales growth rate is an important factor for valuation analysis, the 5 year sales growth of AK Steel Holding Corporation (AKS) stands at -1.88 while the industry's and the sector's growth for next 5 years ticked at -2.8 and 1.8 respectively. The company's quarterly revenue was up 4.4% compared to the same quarter previous year. Its book value per share for the most recent quarter is $-0.53 while its price to book ratio for the same period is 0, as for as the company's cash per share for the most recent quarter is $0.43, however its price to cash per share ratio for the same period is 12.29. Equities research analysts anticipate that AK Steel Holding Corporation will post $0.51 earnings per share for the current fiscal year. Shareholders of record on Wednesday, August 9th will be paid a dividend of $0.05 per share. On Monday, August 22 the stock rating was initiated by Rosenblatt with "Buy". This represents a $0.20 annualized dividend and a dividend yield of 0.86%. The Company's divisions include Gabon, Angola, Equatorial Guinea, the United States, and Corporate and other, which includes corporate and activities support.
Shares of United States Steel Corporation (X) opened at 23.16 on Friday. If you are viewing this news story on another website, it was stolen and republished in violation of USA & global copyright & trademark laws. The legal version of this report can be read at https://stocknewstimes.com/2017/08/13/timken-steel-corporation-nysetmst-stock-rating-lowered-by-bidaskclub-updated-updated.html. Clarkson Capital upgraded AK Steel Holding Corporation from a neutral rating to a buy rating and set a $8.00 price objective for the company in a research note on Thursday, May 25th. J P Morgan Chase & Co reaffirmed an "overweight" rating and issued a $51.00 target price on shares of United States Steel Corporation in a research report on Thursday, July 27th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and one has issued a buy rating to the company's stock. The stock has "Market Perform" rating by Cowen & Co on Wednesday, July 27. The stock was bought at an average price of $19.31 per share, for a total transaction of $28,965.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. In a transaction dated Jul. 30, 2015, the shares were bought at an average price of $3.35, giving away a sum of $7,370. Following the acquisition, the director now directly owns 21,872 shares in the company, valued at $436,127.68. The disclosure for this purchase can be found here. The Company is engaged in producing flat-rolled and tubular products with production operations in North America and Europe. In addition to its customized steels, the Company also manufactures custom-make precision components.