FY2018 EPS Estimates for AK Steel Holding Corporation (AKS) Boosted by Analyst

Federated Pa stated it has 0% of its portfolio in AK Steel Holding Corporation (NYSE:AKS). According to their observations and findings, the stock could provide a high EPS of $0.03/share and a low EPS of $-0.2/share. AK Steel Holding Corporation has $10 highest and $1 lowest target. In the last three months, insiders have acquired 14,000 shares of company stock valued at $278,415. Ameriprise Financial Inc. increased its stake in shares of AK Steel by 10.8% during the 3rd quarter. Northern Trust Corp now owns 3,829,715 shares of the basic materials company's stock worth $25,160,000 after purchasing an additional 132,062 shares during the last quarter. AKS's shares are therefore the less volatile of the two stocks. Following the completion of the transaction, the chief financial officer now directly owns 30,415 shares in the company, valued at $840,062.30. Also, Director Eugene Sperling bought 1,000 shares of United States Steel stock in a transaction that occurred on Friday, September 15th. This is strictly focusing on price and technical - that means we focus on real-time stock price movement and then position it relative to the simple moving averages. Institutional investors and hedge funds own 72.55% of the company's stock. The disclosure for this purchase can be found here.

Should You Go With High Insider Ownership?

Bluestein R H & Co. boosted its stake in shares of United States Steel Corporation (NYSE:X) by 675.2% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission.

Price isn't the only tool analysts use to forecast future performance. AK Steel has a twelve month low of $4.00 and a twelve month high of $11.39. Typically, the higher the current ratio the better, as the company may be more capable of paying back its obligations. Finally, BMO Capital Markets decreased their price target on shares of AK Steel Holding Corporation from $7.00 to $5.00 and set a "market perform" rating on the stock in a report on Wednesday, November 1st. However the company reported $0.14 earnings per share for the same quarter during a year ago. Return on Equity (ROE) stands at 5% and Return on Investment (ROI) of -4 percent. The business had revenue of $3.25 billion during the quarter, compared to the consensus estimate of $3.07 billion. Earnings, with 12 analysts believing the company would generate an Average Estimate of $0.62.

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Taking a close look at the activity of the stock of AK Steel Holding Corporation (AKS), during the trading sessions, it is clear to see that the prices of their shares moved to $4.89.

Looking forward, the company's quarterly earnings are expected to come at $1.59 in the three months through December 2017 and $1.59 in the quarter ending March 2018, reflecting 2.58% and 6% growth, respectively. Benzinga.com's news article titled: "AK Steel Upgraded On Improved Margin Outlook" with publication date: November 21, 2017 was also an interesting one. This represents a change from the opening price of 0.98%. Bank of America set a $32.00 price objective on United States Steel and gave the company a "buy" rating in a report on Friday, October 20th. Barclays PLC reaffirmed an "equal weight" rating and issued a $7.00 price target (down previously from $8.00) on shares of AK Steel Holding Corporation in a report on Wednesday, August 9th. The rating scale runs from 1 to 5 with 5 indicating a Strong Sell, 1 indicating a Strong Buy and 3 indicating a Hold. The Price to Cash Flow for AK Steel Holding Corporation (NYSE:AKS) is 8.983350. Analysts have a mean recommendation of 2.50 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range). United States Steel presently has a consensus rating of Hold and a consensus price target of $30.49.

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United States Steel Corporation is an integrated steel producer. It produces flat-rolled carbon steel products, including coated, cold-rolled, and hot-rolled carbon steel products; specialty stainless and electrical steels in sheet and strip forms; and carbon and stainless steel that is finished into welded steel tubing. The Company also operates blast furnaces and electric arc furnaces.

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