Earnings Forecast of AK Steel Holding Corporation (AKS)

Price earnings ratio (P/E) ratio of United States Steel Corporation (X) is 154.18. As of quarter end Bluecrest Capital Management Ltd had sold a total of 44,389 shares trimming its position 10.0%. Community National Bank & Trust Na stated it has 250 shares or 0% of all its holdings. Private Advisor Group LLC increased its holdings in United States Steel Corporation by 31.8% in the 2nd quarter.

Looking into last 5 trades, the stock observed a return of nearly -0.72%. Pacer Advisors, Inc. reduced its position by shedding 54 shares a decrease of 0.4%. The company has a market cap of $4.49 billion, a price-to-earnings ratio of 162.41 and a beta of 2.88. For the quarter, shares have been noted at -18.52%.

ILLEGAL ACTIVITY WARNING: This story was first reported by Equities Focus and is the property of of Equities Focus. If you are viewing this news story on another publication, it was copied illegally and reposted in violation of USA & worldwide copyright & trademark legislation. Point72 Asset Limited Partnership, Connecticut-based fund reported 591,477 shares.

Shares of United States Steel Corporation (NYSE:X) opened at 25.44 on Friday. It has a 14.1 P/E ratio. Of the analysts surveyed by Reuters that track AK Steel Holding Corporation 7 of them rate its stock a hold. Focused Wealth reported 0.05% of its portfolio in AK Steel Holding Corporation (NYSE:AKS).

The company is expected to report earnings of $0.04 a share for the next quarter.

Is AK Steel Holding Corporation (NYSE:AKS) Cheap From Peers? The business had revenue of $1.42 billion for the quarter, compared to analysts' expectations of $1.42 billion. Analysts expect next quarter's EPS will be $0.10 and the next full year EPS is projected to be $0.71. Narrowing in, the stock is at a distance of -19.11% from the 50 day high and 11.08% off of the 50 day low.Covering sell-side analysts have recently weighed in on shares of AK Steel Holding Corporation (NYSE:AKS). However, the company's most recent quarter increase of 21.7% looks attractive. The rating was initiated by Rosenblatt on Monday, August 22 with "Buy". United States Steel Corporation's dividend payout ratio (DPR) is 125.00%. Its shares have trimmed 0.33% since hitting a peak level of $18.38 on Sep. Institutional investors and hedge funds own 62.21% of the company's stock.

Patterson-UTI Energy, Inc. (NASDAQ:PTEN) posting a 0.34% after which it closed the day' session at $20.84 and sees an average of 4.30M shares trade hands in each session while it's while its relative trading volume is 0.96. Zooming out to the 200-day moving average, shares have been seen trading -25.55% away from that value. Thanks to a rise of nearly 3.16% in the past five days, the stock price is now down -22.93% so far on the year - still in weak territory. The disclosure for this purchase can be found here. The closing price represents the final price that a stock is traded for on a trading day.

Several research analysts have commented on the company. Jefferies Group LLC reaffirmed a buy rating and set a $11.50 target price on shares of AK Steel Holding in a research report on Wednesday, January 25th. Vetr raised AK Steel Holding from a hold rating to a buy rating and set a $8.17 price objective for the company in a research report on Wednesday, February 1st. KeyCorp reaffirmed a "hold" rating on shares of AK Steel Holding Corporation in a research report on Tuesday, September 19th. As for this week, analysts appear content to stick with their neutral outlook with the consensus call at 2.4.

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Some buy side analysts are also providing their Analysis on AK Steel Holding Corporation, where 3 analysts have rated the stock as Strong buy, 2 analysts have given a Buy signal, 7 said it's a HOLD, 0 reported it as Underperform and 0 analysts rated the stock as Sell. Price T Rowe Associate Md reported 0% of its portfolio in AK Steel Holding Corporation (NYSE:AKS). In addition to HDDs, it produces a range of electronic data storage products, including solid state hybrid drives, solid state drives, peripheral component interconnect express (PCIe) cards and serial advanced technology architecture (SATA) controllers.

AK Steel Holding Corporation is a producer of flat-rolled carbon, stainless and electrical steels, and tubular products through its subsidiary, AK Steel Corporation.

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