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Stock in Motion: United States Steel Corporation (NYSE:X)
United States Steel Corporation (NYSE:X) shares opened the most recent trading session at 17.250 and at the time of writing the last Bid was at 17.025. In the current trading session the stock reached as high as 17.770 and dipped down to 16.920. United States Steel Corporation, a NYQ listed company, has a current market cap of 2.48B and on average over the past 3 months has seen 8014890 shares trade hands on a daily basis.
On a technical level the stock has a 50 Day Moving Average of 21.490. Based on a recent trade, this puts the equity at -20.777% away from that average. In comparing the stock’s current level to its extended history, the stock is trading -63.426% away from its 52-week high of 46.550 and +1.279% away from the stock’s low point over the past 52 weeks, which was 16.810.
There are a number of Wall Street research brokerages which cover the stock and offer projections on earnings and future stock movement. On a consensus basis, analysts have a one year target price of 25.500. The company’s trailing twelve month (ttm) EPS stands at -0.172. The consensus analyst estimates according to First Call for the next quarter is -0.100. The current year EPS estimate on the stock is -0.590 and the EPS estimate for next year sits at 0.960.
The price to earnings ratio, or the valuation ratio of a company’s current share price compared to its per-share earnings sits at N/A. This is an important indicator as a higher ratio typically suggests that investors are expecting higher future earnings growth compared to companies in the same industry with lower price to earnings ratios. When calculating in the EPS estimates for the current year from sell-side analysts, the Price to current year EPS stands at N/A. Investors looking further ahead, will note that the Price to next year’s EPS is 17.734.
United States Steel Short Interest Up 10.9% in June (X)
July 23rd, 2015 - by Mark Watkins
UNITED STATES STEEL CORP (X)
17,06 USD
-0,76% | -0,13
23/07/2015 17:44
Shares of United States Steel (NYSE:X) saw a significant increase in short interest in the month of June. As of June 30th, there was short interest totalling 39,392,090 shares, an increase of 10.9% from the June 15th total of 35,535,169 shares,MarketBeat reports. Approximately 27.3% of the company’s shares are short sold. Based on an average daily volume of 6,593,149 shares, the short-interest ratio is currently 6.0 days.
A number of analysts have recently weighed in on X shares. Analysts at Zacks upgraded shares of United States Steel from a “sell” rating to a “hold” rating in a research note on Thursday, July 16th. Analysts at Barclays reiterated a “hold” rating and set a $23.00 price target (down previously from $24.00) on shares of United States Steel in a research note on Thursday, July 9th. Analysts at Deutsche Bank lowered their price target on shares of United States Steel from $42.00 to $37.00 and set a “buy” rating on the stock in a research note on Thursday, July 2nd. Analysts at Morgan Stanley reiterated an “overweight” rating and set a $35.00 price target on shares of United States Steel in a research note on Thursday, May 14th. Finally, analysts at Credit Suisse reiterated an “outperform” rating and set a $40.00 price target on shares of United States Steel in a research note on Tuesday, May 5th. Five research analysts have rated the stock with a sell rating, nine have issued a hold rating and seven have assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus target price of $30.22.
Shares of United States Steel (NYSE:X) opened at 17.19 on Thursday. United States Steel has a 52 week low of $16.81 and a 52 week high of $46.55. The stock has a 50-day moving average of $21.49 and a 200-day moving average of $23.55. The company’s market cap is $2.50 billion.
United States Steel (NYSE:X) last released its earnings data on Tuesday, April 28th. The company reported ($0.07) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.12 by $0.19. The company had revenue of $3.27 billion for the quarter, compared to the consensus estimate of $3.43 billion. During the same quarter in the previous year, the company posted $0.27 earnings per share. The company’s revenue for the quarter was down 26.4% on a year-over-year basis. Analysts expect that United States Steel will post $-0.59 EPS for the current fiscal year.
United States Steel Corporation (NYSE:X) is a steel producer. The Company is engaged in producing flat-rolled and tubular products with production operations in North America and Europe. The Company operates through three segments: Flat-rolled Products (Flat-rolled), U. S. Steel Europe (USSE) and Tubular Products (Tubular). The results of the Company’s railroad and real estate businesses are combined under the Other Businesses category. The Flat-rolled Products segment includes the operating results of all facilities within U. S. Steel’s integrated steel plants in the United States, except the Fairfield pipe facility. The USSE segment includes the operating results of U. S. Steel Kosice (USSK), the Company’s steel plant and coke production facilities in Slovakia. The Tubular segment includes the operating results of U. S. Steel’s tubular production facilities, primarily in the United States, and equity investees in the United States and Brazil.
