On the other hand Shares of Prologis, Inc., (NYSE: PLD), showed a change of 0.25% and closed at $67.06 in the last trading session. Stock's distance from 52 week High is -30.17% and the distance from 52 week Low is 57.47%.
Target Corp. (TGT) analysts on average have given a price target of $58.62 on TGT stock. Macquarie began coverage on shares of United States Steel in a research note on Wednesday, September 6th. J P Morgan Chase & Co reiterated an overweight rating and issued a $51.00 price target on shares of United States Steel in a research note on Thursday, July 27th. Finally, Clarkson Capital lowered AK Steel from a "buy" rating to a "neutral" rating in a report on Wednesday, November 1st. Tyers Asset Management LLC purchased a new stake in shares of United States Steel during the fourth quarter valued at $196,000. NJ State Employees Deferred Compensation Plan purchased a new position in shares of United States Steel in the third quarter worth $205,000. Three analysts have rated the stock with a sell rating, seven have issued a hold rating and ten have given a buy rating to the stock.
AK Steel Holding Corporation has a beta of 0.66, offering the possibility of a higher rate of return, but also posing more risk.
United States Steel (NYSE:X) last issued its quarterly earnings results on Tuesday, October 31st.
The highest price X stock touched in the last 12 month was $41.83 and the lowest price it hit in the same period was $18.55. The company P/S (price to Sales) ratio is 0.43, P/B (price to Book) ratio is 1.82, while its P/C (price to Cash) ratio stands at 3. The company has a quick ratio of 1.23, a current ratio of 1.89 and a debt-to-equity ratio of 1.03. Jefferies Group also issued estimates for AK Steel's FY2017 earnings at $0.20 EPS and FY2018 earnings at $0.52 EPS.
Several analysts are forecasting growth estimate of AK Steel Holding Corporation for the current quarter to be -192.9%. Net profit margin of the company was recorded at 1 percent, operating profit margin was 3.1 percent, while gross profit margin stands at 10.4 percent. The business had revenue of $3.25 billion for the quarter, compared to analysts' expectations of $3.07 billion. Teacher Retirement System of Texas now owns 1,881,542 shares of the basic materials company's stock worth $12,362,000 after purchasing an additional 1,093,353 shares in the last quarter.
The company also recently announced a quarterly dividend, which will be paid on Friday, December 8th. The ex-dividend date of this dividend is Thursday, November 9th. This represents a $0.20 annualized dividend and a yield of 1.04%. United States Steel's dividend payout ratio is 29.85%. The stock was acquired at an average price of $19.96 per share, for a total transaction of $199,600.00. Following the completion of the acquisition, the chief financial officer now directly owns 30,415 shares of the company's stock, valued at $840,062.30. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. This figure is found by taking the postscript price and multiplying it by the total number of shares outstanding. Following the completion of the acquisition, the director now directly owns 168,457 shares of the company's stock, valued at $4,529,808.73.
A statistical measure of the dispersion of returns (volatility) for X producing salvation in Investors mouth, it has week volatility of 2.52% and for the month booked as 3.54%. The fund owned 72,319 shares of the basic materials company's stock after acquiring an additional 6,372 shares during the period. Global X Management Co. Dimensional Fund Advisors LP boosted its holdings in shares of AK Steel by 82.5% in the 1st quarter. Zurcher Kantonalbank Zurich Cantonalbank grew its stake in United States Steel by 10.7% during the second quarter. BW Gestao de Investimentos Ltda. purchased a new position in shares of AK Steel in the 2nd quarter worth about $9,855,000. United States Steel Corp.'s institutional ownership is 65.6%, while its institutional transactions stand at 1%. The company has a market cap of $5.11B.
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AK Steel Holding Corporation (NYSE:AKS)'s Leverage Ratio was recently noted as 0.500758.
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