United States Steel Corporation

Joan Terry
July 15, 2017

Investors purchased 606 put options on the company.

Other equities research analysts have also issued research reports about the company. Accern also gave news stories about the basic materials company an impact score of 0 out of 100, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. Bank of New York Mellon Corp raised its position in shares of Timken Steel Corporation by 115.2% in the first quarter. Glen Harbor Capital Management LLC now owns 19,448 shares of the basic materials company's stock valued at $140,000 after buying an additional 2,482 shares during the period. Meadow Creek Investment Management LLC raised its stake in shares of AK Steel Holding Corporation by 14.6% in the first quarter. Zurcher Kantonalbank Zurich Cantonalbank raised its position in United States Steel Corporation by 21.4% in the first quarter. Boothbay Fund Management LLC acquired a new stake in shares of AK Steel Holding Corporation during the fourth quarter valued at approximately $123,000.

AK Steel Holding Corp (NYSE:AKS) shares traded on 0.49% up secure line and closed at $6.2. 16,191,490 shares of the company's stock were exchanged. The company has a consensus rating of "Hold" and an average target price of $19.17. AK Steel Holding Corporation has a 1-year low of $3.87 and a 1-year high of $11.39. The company has a market capitalization of $1.97 billion, a price-to-earnings ratio of 24.22 and a beta of 2.81.

United States Steel Corporation (NYSE:X) last issued its quarterly earnings results on Tuesday, April 25th.

Last time, the company failed Wall Street by reporting EPS of $-0.83, smashing the consensus of $0.34 per share. AK Steel Holding Corporation had a lower negative return on equity of 235.11% and a net profit margin of 1.16%. The company had revenue of $2.73 billion during the quarter, compared to the consensus estimate of $2.91 billion. During the same quarter a year ago, the business earned ($0.31) earnings per share.

Over the last 5 years, United States Steel Corporation has averaged a -50.10% YoY EPS growth rate and a -12.40% revenue growth rate.

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Press coverage about United States Steel Corporation (NYSE:X) has been trending somewhat positive on Saturday, Accern Sentiment reports.

X has been the topic of a number of research reports. Vetr cut shares of United States Steel Corporation from a "strong-buy" rating to a "buy" rating and set a $38.38 price objective on the stock.in a research note on Tuesday, April 11th. The Williams %R is a momentum indicator that helps measure oversold and overbought levels. United States Steel Corporation (NYSE:X) notched a 12-month high of $27.31 while $46.00 target is by far the most aggressive out of analysts who are now evaluating X, $18.69 higher than the next highest 52-week price estimate. The latest reports which are outstanding on Thursday 13th of July state 0 analysts have a rating of "strong buy", 2 analysts "buy", 2 analysts "neutral", 0 analysts "sell" and 0 analysts "strong sell". Finally, Jefferies Group LLC reduced their target price on Timken Steel Corporation from $18.00 to $16.50 and set a "hold" rating for the company in a report on Wednesday, April 19th.

There has been some buying insider activity on Timken Steel Corporation (NYSE:TMST) recently. The shares are at this time trading -5.30% less than its SMA 50 and -9.12% under its SMA 200. Geneva Ltd Company holds 10,957 shares or 0% of its portfolio. President, CEO, Chairman Ward J. Jr Timken bought 20,000 shares at an average price of $9.00 on Wednesday the 25th. The key for investors will be to try and locate the winners in the space and find the companies that are either creating new technology or adapting to it rapidly. The disclosure for this purchase can be found here. As of the end of the quarter Creative Planning had sold a total of 236 shares trimming its stake by 58.9%. Butensky & Cohen Financial Security owns 1.74% invested in International Paper Co (NYSE:IP) for 35,462 shares.

United States Steel Corporation is an integrated steel producer.

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