Published: Thu, February 16, 2017
Economy | By Melissa Porter

Cliffs Natural Resources Inc (NYSE:CLF)

Cliffs Natural Resources Inc (NYSE:CLF)

Insiders own 0.60% of Cliffs Natural Resources Inc.'s (CLF) shares. Investment analysts at FBR & Co boosted their Q2 2017 earnings estimates for Cliffs Natural Resources in a research note issued on Friday. Five investment analysts have rated the stock with a sell rating, four have assigned a hold rating and four have assigned a buy rating to the company's stock. Due to that increase, Cliffs Natural Resources' global revenue was $754 million in the fourth quarter, up 58% from the $476 million it reported in the same quarter of 2015. (NYSE:CLF) is projected at -64.5 percent in the Current Quarter and 428.6 percent in the Next Quarter, according to analysts.

Annual earnings per share (EPS) growth noted at -38.90% in past 5 Years and Long-term annual earnings per share (EPS) growth is expected to reach 5.00% in coming 5 years. Cliffs Natural Resources had a negative return on equity of 6.02% and a net margin of 8.26%. (NYSE:CLF) bonds fell 1% against their face value during trading on Tuesday.

Zacks offers analysts with an Average Broker Rating (or ABR), basing it on sell-side recommendations.

Average Revenue Estimate for the current quarter is $396.67 Million, according to consensus forecast of 4 analysts. Bearish revenue estimates established at $336.75M while the bullish revenue forecast has been figured out at $463.53M. The firm's revenue was up 58.4% compared to the same quarter past year.

Price Target plays a critical role when it comes to the Analysis of a Stock.

CLIFFS NATURAL RESOURCES INC, formerly Cleveland-Cliffs Inc, is an worldwide mining company, a producer of iron ore pellets in North America and a supplier of metallurgical coal to the global steelmaking industry. (NYSE:CLF) is $11.7 and the 52-week low is $1.67. Analysts have placed a $8.86 price target on Cliffs Natural Resources Inc., suggesting a -26.35% decline from recent close. The float short ration was 16.27%; as compared to Short Ratio were 2.23.

Cliffs Natural Resources is the largest producer of iron-ore pellets used in US steel production, and that positions it perfectly to profit from Trump's global trade and infrastructure spending plans. The firm has a 50-day moving average price of $9.20 and a 200 day moving average price of $7.51. The stock hit 1-yearhigh at $11.70 and a low of $1.67 in the same period. Neuberger Berman Group LLC now owns 2,649,002 shares of the mining company's stock valued at $15,020,000 after buying an additional 52,004 shares during the last quarter. BlackRock Fund Advisors now owns 5,723,151 shares of the mining company's stock worth $33,480,000 after buying an additional 1,500,604 shares during the last quarter. A ROI of 59.00% for the company evaluates and compares the efficiency of the various numbers of investments relative to the cost of investments. This is built on a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.

Another important element to consider is the price target and recommendations from brokerage firm analysts. The stock now has a consensus rating of "Hold" and a consensus price target of $7.92.

Looking about the past performance history, the company jumped 30.99% in past week and climbed 25.08% in one month.

The stock is now trading at a distance of 0.84% from SMA-20. It's now trading about -2.75% below its 52-week high.

When the current quarter ends, Wall Street expects Vale have earnings per share of $0.26. The projected growth estimate for the next quarter is -29.4 percent.

Pfizer's $52 billion in sales a year ago makes it one of the globe's biggest pharmaceutical companies, and with $14.8 billion in adjusted net income in 2016, there's plenty of cash flowing in to support research and development, mergers and acquisitions, and shareholder-friendly dividend increases.

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