Economy

AK Steel Holding Corp (NYSE:AKS)

AK Steel Holding Corp (NYSE:AKS)

Jefferies Group LLC reduced their price target on Timken Steel Corporation from $18.00 to $16.50 and set a hold rating on the stock in a research report on Wednesday, April 19th. Five analysts have rated the stock with a sell rating, eight have issued a hold rating and nine have given a buy rating to the company.

A number of brokerages have commented on X. Timken Steel Corporation has a 52-week low of $8.36 and a 52-week high of $23.00. Timken Steel Corporation does not pay a dividend. At the time of writing, the First Call consensus price target for the company is $8.47. For the next 5 years, AK Steel Holding Corporation is expecting Growth of 33.84% per annum, whereas in the past 5 years the growth was 11.37% per annum. If you are accessing this story on another publication, it was stolen and reposted in violation of global copyright & trademark laws. We will contrast the two businesses based on the strength of their earnings, valuation, profitabiliy, analyst recommendations, dividends, institutional ownership and risk. TheStreet raised shares of Timken Steel Corporation from a d rating to a c- rating in a report on Thursday, February 23rd. 19,341,098 shares of the company were exchanged. The company has a 50-day moving average price of $13.68 and a 200 day moving average price of $16.49.

The current market capitalization of AK Steel Holding Corp (NYSE:AKS) stands at 2.13 Billion. The Stock now has a Weekly Volatility of 4.96% and Monthly Volatility of 5.01%. This represents an increase of approximately 145% compared to the typical volume of 2,407 put options.

Timken Steel Corporation (NYSE:TMST) last posted its quarterly earnings data on Thursday, April 27th. The basic materials company reported ($0.83) earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.35 by $1.18.

Having a peek at growth estimates of the company, AK Steel Holding Corp (NYSE:AKS) has current quarter growth estimates of 62.5% however it has -19% estimations over growth for the next quarter. Timken Steel Corporation had a negative net margin of 10.34% and a negative return on equity of 15.69%. The business's quarterly revenue was up 42.0% on a year-over-year basis. During the same period past year, the business earned ($0.31) EPS. Analysts set a 12-month price target of $43.86 a share. The Company dividend yield observed at 2.85%. The ex-dividend date was Monday, May 8th.

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06/20/2017 - United States Steel Corporation had its "outperform" rating reiterated by analysts at Credit Suisse.

In related news, Director Stephen J. Girsky acquired 2,500 shares of the firm's stock in a transaction on Tuesday, May 16th. Stock's twelve month price oscillated between $11.39 and $3.87. Following the completion of the transaction, the director now owns 12,377 shares in the company, valued at approximately $238,999.87. The stock was acquired at an average cost of $19.31 per share, with a total value of $28,965.00. The company had Year Ago Sales of 1.49 Billion. The disclosure for this purchase can be found here. Closing price generally refers to the last price at which a stock trades during a regular trading session. Corporate insiders own 1.00% of the company's stock. The stock go down so far this year; showing a decline of -31.63% and added with positive flow of 7.12% during recent week. For the quarter, shares have been noted at -25.10%.

06/15/2017 - United States Steel Corporation had its "market perform" rating reiterated by analysts at Cowen.

Shares of Timken Steel Corporation (NYSE TMST) opened at 14.90 on Monday. The stock is expected to report revenue as high as $1.61B and as low as $1.5B per share. Dimensional Fund Advisors LP boosted its position in United States Steel Corporation by 3.6% in the fourth quarter. Metropolitan Life Insurance Co. The rating scale runs from 1 to 5 with 5 indicating a Strong Sell, 1 indicating a Strong Buy and 3 indicating a Hold. Institutional investors and hedge funds own 75.24% of the company's stock.

05/04/2017 - AK Steel Holding Corporation had its " rating reiterated by analysts at Barclays. The Company is engaged in producing flat-rolled and tubular products with production operations in North America and Europe.


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