Weekly performance analysis shows the equity at 4.26%.Covering Sell-Side analysts have offered recommendations and price target estimates on United States Steel Corporation (NYSE:X).
United States Steel Corporation (X) traded down $0.01 during mid-day trading on Tuesday, hitting $29.83. The company now has an average rating of "Hold" and a consensus price target of $29.34.
United States Steel Co. BidaskClub upgraded United States Steel from a "hold" rating to a "buy" rating in a research report on Saturday, August 26th. LLC now owns 5,473 shares of the basic materials company's stock worth $121,000 after acquiring an additional 3,768 shares during the last quarter. Deutsche Bank AG's price objective points to a potential upside of 44.44% from the stock's current price.
United States Steel Corporation (NYSE:X) SVP Sara A. Greenstein sold 3,606 shares of the stock in a transaction dated Friday, December 1st. Following the sale, the vice president now directly owns 19,136 shares of the company's stock, valued at $574,080. The 20-day Stochastic %k measure, which sits at 32.40%, tells a similar story, and suggests that CC now trades in neutral territory.
The Chemours Company (NYSE:CC) in the last month has decreased -5.37%. The Stock has its 52-week High of $41.83 and 52-Week Low of $18.55 and it touched its 52-week high on 02/21/17 and 52-Week Low on 05/18/17.
Analysts await United States Steel Corporation (NYSE:X) to report earnings on January, 30. The basic materials company reported $0.92 EPS for the quarter, topping analysts' consensus estimates of $0.67 by $0.25. For comparison's sake, analysts expect the S&P 500 to grow earnings by an average of 12% in 2017. United States Steel had a negative net margin of 4.29% and a negative return on equity of 11.36%. The company had revenue of $3.25 billion for the quarter, compared to analysts' expectations of $3.07 billion. During the same quarter in the previous year, the business posted ($2.15) EPS.
Many analysts have provided their estimated foresights on United States Steel Corp.
The business also recently declared a quarterly dividend, which will be paid on Friday, December 8th. Shareholders of record on Friday, November 10th will be issued a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a yield of 0.96%. United States Steel's dividend payout ratio is now 29.41%. The stock was acquired at an average cost of $27.23 per share, for a total transaction of $1,001,029.26. The acquisition was disclosed in a legal filing with the SEC, which is accessible through the SEC website. The stock was sold at an average price of $30.00, for a total transaction of $108,180.00. The company has Beta Value of 3 and ATR value of 1.02. The disclosure for this purchase can be found here. Corporate insiders own 1.00% of the company's stock.
A number of large investors have recently modified their holdings of X. Enterprise Financial Services Corp bought a new stake in United States Steel during the 3rd quarter worth about $120,000. California Public Employees Retirement System now owns 373,325 shares of the basic materials company's stock valued at $9,580,000 after acquiring an additional 7,025 shares in the last quarter. Finally, BMO Capital Markets increased their target price on shares of United States Steel from $29.00 to $33.00 and gave the stock a "market perform" rating in a research report on Thursday, November 2nd. State of New Jersey Common Pension Fund D purchased a new stake in United States Steel in the 2nd quarter valued at about $37,749,000. World Asset Management Inc now owns 13,485 shares of the basic materials company's stock worth $456,000 after buying an additional 342 shares during the last quarter. Finally, Ameriprise Financial Inc. raised its holdings in shares of United States Steel by 173.8% in the 2nd quarter. The stock traded with the average Volume of 11.33 Million at the end of last session.