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Published: Sat, June 24, 2017
Economy | By Melissa Porter

EPS for AK Steel Holding Corporation (AKS) Expected At $0.15

EPS for AK Steel Holding Corporation (AKS) Expected At $0.15

Axiom Securities reissued a sell rating on shares of United States Steel Corporation in a research note on Thursday, March 16th. AK Steel Holding is trading at price to earnings (PE) ratio of 24.4x and this tells us the stock is undervalued based on the latest annual earnings update compared to the Materials average of 28.6x and overvalued when compared to the U.S. market average of 23.6x.

November 30 investment analysts at JP Morgan maintained a stock rating of "Overweight" but raised the price target from $28.00 to $37.00. Five investment analysts have rated the stock with a sell rating, nine have issued a hold rating and eight have given a buy rating to the company. The stock has 5 year expected PEG ratio of 0.69 whereas its trailing twelve month P/E ratio is 23.42. Market Cap is also the figure use to determine company's size, as opposed to using sales or total asset figures. Panagora Asset Management Inc. now owns 1,713,526 shares of the basic materials company's stock valued at $8,276,000 after buying an additional 113,166 shares during the period.

Timken Steel Corporation (NYSE:TMST) last released its earnings results on Thursday, April 27th. The basic materials company reported ($0.83) earnings per share for the quarter, missing analysts' consensus estimates of $0.35 by $1.18. For the current year the company's revenue estimates are $6.16 Billion compared to low analyst estimates of $6.01 Billion and high estimates of $6.34 Billion according to 12 number of analysts.

06/14/2017 - United States Steel Corporation had its "market perform" rating reiterated by analysts at BMO Capital Markets. The company's revenue for the quarter was up 16.4% compared to the same quarter a year ago. During the same period in the prior year, the firm posted ($0.31) EPS. Bogle Investment Management L P DE bought a new position in United States Steel Corporation during the fourth quarter valued at about $11,081,000. If you are viewing this piece on another domain, it was illegally copied and republished in violation of United States & worldwide trademark & copyright legislation. The original version of this piece can be accessed at https://www.thecerbatgem.com/2017/06/22/bnp-paribas-arbitrage-sa-reduces-position-in-timken-steel-corporation-tmst.html. The company also declared a dividend for shareholders which was paid on Friday the 9th of June 2017. AKS's profit would be $46.77M giving it 10.32 P/E if the $0.15 EPS is correct. This represents a $0.20 dividend on an annualized basis and a yield of 0.95%. The ex-dividend date of this dividend was Monday, May 8th. AK Steel Holding Corporation's P/E ratio is 23.42.

04/27/2017 - United States Steel Corporation was downgraded to "hold" by analysts at Deutsche Bank. Its book value per share for the most recent quarter is $-0.73 while its price to book ratio for the same period is 0, as for as the company's cash per share for the most recent quarter is $0.58, however its price to cash per share ratio for the same period is 10.86. The firm has "Hold" rating by BMO Capital Markets given on Tuesday, May 30. 18,322,262 shares of the company's stock were exchanged.

The stock shows a Short Ratio of 1.23 with the total number of Shares Short (Previous Month) of 20.65 Million. The RSI computes momentum as the ratio of higher closes to lower closes: stocks which have had more or stronger positive changes have a higher RSI than stocks which have had more or stronger negative changes. Closing price generally refers to the last price at which a stock trades during a regular trading session. The disclosure for this purchase can be found here. Market Capitalization if basically the market value of the company's shares outstanding. After having $0.19 EPS previously, AK Steel Holding Corporation's analysts see -21.05 % EPS growth. Vanguard Group Inc. raised its position in shares of United States Steel Corporation by 10.1% in the first quarter. BlackRock Inc. now owns 14,279,755 shares of the basic materials company's stock worth $482,799,000 after buying an additional 14,161,952 shares in the last quarter. Gallagher Fiduciary Advisors LLC bought a new position in shares of United States Steel Corporation during the fourth quarter worth about $124,238,000. The stock price recently experienced a 5-day gain of 3.45% with 0.3 average true range (ATR). State Street Corp now owns 5,547,843 shares of the basic materials company's stock worth $187,574,000 after buying an additional 27,483 shares in the last quarter. Russell Investments Group Ltd. acquired a new stake in AK Steel Holding Corporation during the fourth quarter valued at approximately $757,000. Institutional investors and hedge funds own 70.75% of the company's stock.

Currently, EPS of United States Steel Corp.

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