United States Steel Corporation (NYSE:X) shares traded 2.56% during the most recent session the stock exchanged hands 18,107,700 shares versus average trading capacity of 18.22M shares, yielding a market cap of $5.42B. Wall Street analysts covering the stock are projecting that the stock will reach $38.62 within the next 52-weeks. The mean target projections are based on 13 opinions, the mean target was last revised on 04/19/17.
Taking a broader look brokerage firms’ analysts on the street with an expectant view have United States Steel Corporation (NYSE:X) high price target of $60.00 and with a conservative view have low price target of $14.00 with a standard deviation of $8.50. If seeing target price from optimistic overview then it has a 24 percent upside potential from the latest closing price of $31.20.
United States Steel Corporation (NYSE:X) received “Upgrade” rating by Macquarie in a research note issued to investors on Apr-24-17 from Underperform to Neutral.
Additionally on Apr-12-17 United States Steel Corporation (NYSE:X) was “Initiated” by Longbow as Neutral and on Feb-06-17 the stock was “Upgraded” by Argus from Hold to Buy. Furthermore on Feb-06-17 the stock was “Reiterated” by Barclays as Equal Weight from $29 to $35.
On the other hand the company has Relative Strength Index (RSI 14) of 43.82 along with Average True Range (ATR 14) of 1.65, Consequently United States Steel Corporation (NYSE:X)’s weekly and monthly volatility is 4.55%, 4.86% respectively. The company’s beta value is at 3.03.
In terms of Buy, Sell or Hold recommendations, United States Steel Corporation (NYSE:X) has an analyst’s mean recommendation of 2.50. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.
Analysts who have weighed in on projected earnings growth are expecting that United States Steel Corporation (NYSE:X) will report earnings of $0.32 for the current quarter on or around 4/25/2017 After Market Close, however the company’s high EPS estimates are $0.51 and low estimates are $0.08. However the company reported -$2.15 earnings per share for the same quarter during last year.
Previously United States Steel Corporation (NYSE:X) reported $0.27 earnings per share (EPS) for the quarter on 1/31/2017 After Market Close, beating the consensus estimate of $0.01 by $0.26. The company posted an earnings surprise of 2,600.00%.
While considering growth estimates of the company, it has next quarter growth estimates of 396.80% whereas during current quarter it has 114.90% estimations over growth, comparing to the estimations of 286.90% during current year and 2.70% for next year. Past 5 years growth of United States Steel Corporation (NYSE:X) observed at -39.27%, looking forward for the next 5 years it has a strong prediction of 8.00% over growth.
United States Steel Corporation (NYSE:X)’s revenue estimates for the current quarter are $2.92B according to 10 number of analysts, for the current quarter the company has high revenue estimates of $3.25B in contradiction of low revenue estimates of $2.72B. For the current year the company’s revenue estimates are $12.15B compared to low analyst estimates of $11.44B and high estimates of $13.36B according 13 number of analysts.
Currently United States Steel Corporation (NYSE:X)’s shares owned by insiders are 0.90%, whereas shares owned by institutional owners are 76.10%. However the six-month change in the insider ownership was recorded -32.40%, as well as three-month change in the institutional ownership was recorded -0.05%.
United States Steel Corporation (NYSE:X) is trading -25.41% away from its 52 week high of $41.83 and +145.74% far from the stock’s low point over the past 52 weeks, which was $12.70. The stock hit its 52-week high on 02/21/17, and 52-week low on 05/19/16. The company’s trailing twelve month income is -440.00M dollars and is paying 0.64% dividend yield annually.
United States Steel Corporation (NYSE:X)’s trailing twelve month revenues are $10.26B, whereas its price to sales ratio for the same period is 0.53. Its book value per share for the most recent quarter is $13.14 while its price to book ratio for the same period is 2.37, as for as the company’s cash per share for the most recent quarter is $8.75, however its price to cash per share ratio for the same period is 3.56. The stock has a current PEG ratio of 1.28 where as its trailing twelve month P/E ratio is -11.10.