Stock Alert: AK Steel Holding Corp (NYSE:AKS)

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The lower end of the projection is $0.1 per share, while the higher end is $0.27 per share. The analysts estimated sales for the higher end at 3156 million and lower end at 2919.43 million while the year ago reported sale was 2953.73 million. The business is scheduled to issue its next earnings results after the market closes on Tuesday, July 25th.

A number of other large investors also recently modified their holdings of X. Northwestern Mutual Wealth Management Co. increased its stake in shares of United States Steel Corporation by 1,971.9% in the first quarter. The correct version of this news story can be read at https://www.thecerbatgem.com/2017/07/13/ak-steel-holding-corporation-nyseaks-stock-rating-lowered-by-zacks-investment-research.html. The basic materials company reported ($0.83) earnings per share for the quarter, missing the consensus estimate of $0.35 by $1.18. The Return on Equity (ROE) value stands at -14.9%. The business had revenue of $2.73 billion for the quarter, compared to analyst estimates of $2.91 billion. In contrast to the year ago quarter EPS was at 0.15. The company's revenue was up 1.0% compared to the same quarter previous year.

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Several equities research analysts have recently weighed in on the company.

Credit Suisse Group reissued their outperform rating on shares of United States Steel Corporation (NYSE:X) in a report issued on Tuesday, June 20th. Past 5 years growth of AK Steel Holding Corp (NYSE:AKS) observed at 11.37%, looking forward for the next 5 years it has a strong prediction of 33.84% over growth. The stock of AK Steel Holding Corporation (NYSE:AKS) has "Buy" rating given on Friday, May 26 by Clarkson Capital. AK Steel Holding Corporation (NYSE:AKS) is -16.08% below its 200-day moving average, providing a measure of resistance for long positions. Finally, Jefferies Group LLC raised their target price on AK Steel Holding Corporation from $9.00 to $11.50 and gave the stock a "hold" rating in a research note on Wednesday, April 19th. Two research analysts have rated the stock with a sell rating, six have issued a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the stock. At the time of writing, the First Call consensus price target for the company is $8.64.

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United States Steel Corporation (NYSE X) traded down 2.46% during midday trading on Friday, hitting $21.45. Following the transaction, the director now directly owns 98,919 shares of the company's stock, valued at $1,974,423.24. The stock has a market cap of $1.95 billion, a PE ratio of 24.03 and a beta of 2.89.

Moving toward the technical facts, its current distance from 20-Day Simple Moving Average is 1.26% and standing 3.70% away from 50-Day Simple Moving Average while traded down -22.23% from 200-Day Simple Moving Average. The stock touched 52-week High of $41.83 on 02/21/17 and 52-week Low of $15.72 on 09/16/16. It has a dividend yield of 0.90%. The ex-dividend date was Monday, May 8th.

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United States Steel Corporation (NYSE X) opened at 22.85 on Thursday. Director David Sutherland bought 10,000 shares at an average price of $19.96 on May 12th. The shares were acquired at an average cost of $19.96 per share, for a total transaction of $199,600.00. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Paul Anthony Mascarenas acquired 1,500 shares of United States Steel Corporation stock in a transaction on Thursday, May 18th. However, most financial instruments are traded after hours which mean that the closing price of a stock might not match the after-hours price. Mason Street Ltd Limited Liability Company has 68,401 shares. The disclosure for this purchase can be found here. In contrast, the average volume was 18.25 million shares. United States Steel Corporation (NYSE:X) has risen 45.54% since July 12, 2016 and is uptrending. TIAA CREF Investment Management LLC now owns 16,463,348 shares of the basic materials company's stock worth $118,371,000 after buying an additional 3,357,464 shares during the last quarter. TheStreet boosted AK Steel Holding Corporation from a d+ recommendation to a c recommendation in a analysis note on Tue, Apr 25th. FBR Capital initiated it with "Underperform" rating and $14 target in Friday, September 18 report. Teachers Advisors LLC raised its stake in United States Steel Corporation by 80.3% in the fourth quarter. Acrospire Investment Management LLC now owns 6,212 shares of the basic materials company's stock worth $210,000 after buying an additional 4,391 shares during the last quarter.

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