Yet another important factor while evaluating a good buy/sell decision for AK Steel Holding Corporation (AKS) is its Earnings per Share or EPS.
A number of analysts have commented on AKS shares.
United States Steel Corporation (NYSE:X) last released its earnings results on Tuesday, July 25th. Axiom Securities reiterated a "sell" rating on shares of United States Steel Corporation in a research report on Thursday, July 13th. Cowen and Company fixed a $23.00 price objective on Timken Steel Corporation and issued the shares a "buy" recommendation in a analysis note on early Thur, Jul 27th. Citigroup Inc. raised shares of AK Steel Holding Corporation from a "sell" rating to a "neutral" rating and reduced their price objective for the company from $8.00 to $7.00 in a research note on Wednesday, April 19th. The company now has a consensus rating of "Hold" and an average price target of $8.06.
Taking a broader look at the analyst consensus, according to 11 analysts AK Steel Holding Corp (NYSE:AKS)'s price will reach at $8.45 during 52 weeks. Shares saw a steep increase in trading volume of 123.77% over the normal average daily volume. Company shares last traded at $15.59 which is marginally higher than $15.48, the 50 day moving average and just a bit lower than the 200 day moving average of $16.26. United States Steel Corporation has a 52-week low of $15.72 and a 52-week high of $41.83.
In the market the company is trading down by -0.74 percent from yesterday's close.
United States Steel Corporation (NYSE:X) last issued its quarterly earnings data on Tuesday, July 25th. The basic materials company reported $1.07 EPS for the quarter, beating the consensus estimate of $0.41 by $0.66. The firm had revenue of $1.56 billion for the quarter, compared to analyst estimates of $1.55 billion.
The Ontario - Canada-based Manufacturers Life Insur The has invested 0% in AK Steel Holding Corporation (NYSE:AKS). Invictus RG acquired a new stake in Timken Steel Corporation during the first quarter valued at $176,000. During the same period previous year, the company earned ($0.32) EPS. Analysts expect next quarter's EPS will be $-0.31 with next year's EPS projected to be $0.74.
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The company also recently announced a quarterly dividend, which will be paid on Friday, September 8th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.86%. United States Steel Corporation's payout ratio is 125.00%. The total value of its holdings increased 20,562.5%. Morgan Stanley now owns 71,345 shares valued at $513,000. Also, Director Paul Anthony Mascarenas acquired 1,500 shares of United States Steel Corporation stock in a transaction that occurred on Thursday, May 18th.
In the transaction dated Jul. 30, 2015, the great number of shares acquired came courtesy the Director; WRIGHT VICENTE added a total of 30,000 shares at an average price of $3.41, amounting to approximately $102,300. The disclosure for this purchase can be found here. However the six-month change in the insider ownership was recorded 0%, as well as three-month change in the institutional ownership was recorded 2.36%.
Several hedge funds have recently modified their holdings of the company. Boston Advisors LLC owned about 0.19% of AK Steel Holding Corporation worth $3,933,000 at the end of the most recent quarter. LLC now owns 5,473 shares of the basic materials company's stock worth $121,000 after buying an additional 3,768 shares during the period. Hodges Capital Management Inc. boosted its stake in shares of United States Steel Corporation by 160.2% in the second quarter. Legal And General Grp Inc Public Limited has 0.01% invested in AK Steel Holding Corporation (NYSE:AKS). The correct version of this story can be accessed at https://www.thecerbatgem.com/2017/08/12/timken-steel-corporation-tmst-position-boosted-by-capital-one-national-association-updated-updated-updated.html. The institutional investor owned 598,670 shares of the basic materials company's stock after buying an additional 62,070 shares during the period.
AK Steel Holding Corporation (AKS) has a market capitalization of 1.68 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. State Board of Administration of Florida Retirement System now owns 225,738 shares of the basic materials company's stock worth $7,632,000 after buying an additional 707 shares during the last quarter.