Factors to Note Before Buying AK Steel Holding Corporation (AKS)

RBC Capital Markets maintained Comerica Incorporated (NYSE:CMA) on Wednesday, January 20 with "Outperform" rating.

In order to reach an opinion and communicate the value and volatility of a covered security, analysts research public financial statements, listen in on conference calls and talk to managers and the customers of a company, typically in an attempt to capture the findings for a research report.

The current consensus rating on AK Steel Holding (NYSE:AKS) is Hold (Score: 2.23) with a consensus target price of $7.72 per share, a potential 41.59% upside.

Currently, EPS of AK Steel Holding Corporation (AKS) is 0.19 while the analysts predicted the EPS of the stock to be 0.14 suggesting the company fell short of the analysts' expectations. Investors may also be paying close concentration to some simple moving average indicators on shares of United States Steel Corporation (X). Finally, Bank of America Corp raised shares of United States Steel from a neutral rating to a buy rating and set a $40.00 price target for the company in a report on Wednesday, February 1st.

There are 1 sell rating, 8 hold ratings, 4 buy ratings on the stock. The stock presently has an average rating of Hold and an average price target of $30.49.

At least 8 tornadoes struck Oklahoma, killing 1
The Rusk County sheriff's office reported the community of Conrath was "hit extremely hard" by the storm, according to an officer. Cleanup volunteers may be needed by Friday, but Fitzgerald said that information would be released to local media at that time.

A 52-week high/low is the highest and lowest price that a stock has traded at during the previous year. The company had Year Ago Sales of 2.58 Billion.

The company is expected to report earnings of $0.13 a share for the next quarter. The company had revenue of $334.90 million for the quarter, compared to analyst estimates of $305.41 million. Company net profit margin stands at 16.40% whereas its Gross Margin is 23.20%. Sure, the percentage is discouraging but more headwinds are coming as looking out over a next 5-year period, analysts expect the company to see its earnings go down by 0%, annually. Growth in EPS is an important measure of management performance because it shows how much money the company is making for it's shareholders, not only due to changes in profit, but also after all the effects of issuance of new shares (this is especially important when the growth comes as a result of acquisition).

COPYRIGHT VIOLATION NOTICE: This article was originally posted by Markets Daily and is the sole property of of Markets Daily. If you are reading this story on another site, it was copied illegally and reposted in violation of USA & worldwide trademark and copyright law. The legal version of this article can be viewed at https://www.themarketsdaily.com/2017/05/18/olympic-steel-inc-zeus-director-ratta-ralph-m-della-jr-purchases-1325-shares-updated.html.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 9th. Investors of record on Thursday, June 1st will be issued a dividend of $0.02 per share. The ex-dividend date is Tuesday, May 30th. United States Steel's dividend payout ratio (DPR) is -6.83%. In this case, shares are -4.83% lower from $3.33, the worst price in 52 weeks suffered on May.

5/12/2017-Cowen and Company Reiterated Rating of Market Perform. AKS's SI was 54.21 million shares in May as released by FINRA. The stock was acquired at an average price of $17.10 per share, for a total transaction of $25,650.00. EPS breaks down the profitability of the company on a single share basis. It has a 36-month beta of 1.86, so you might be in for a bumpy ride. 65 funds opened positions while 91 raised stakes. Mitsubishi UFJ Trust & Banking Corp now owns 18,566 shares of the basic materials company's stock valued at $350,000 after buying an additional 275 shares in the last quarter. State of Tennessee Treasury Department increased its position in Olympic Steel by 17.8% in the first quarter. It is 0.09% or $0 reaching $5.47 per share. Institutions ownership includes mutual funds and pension funds are the major players. Boston Ptnrs holds 563,758 shares or 0.01% of its portfolio. 12, 2017. These shares are worth $199,600 and were traded at $19.96 each. It improved, as 46 investors sold AK Steel Holding Corporation shares while 58 reduced holdings. Morgan Stanley had a markedly different take on 13/02/2017, proposing that AK Steel Holding Corporation is now considered Equal-Weight versus prior Overweight rating.

Recommended News

  • Rafael Nadal wins 2017 Madrid Open after beating Dominic Thiem

    Rafael Nadal wins 2017 Madrid Open after beating Dominic Thiem

    Rafael Nadal has won the Madrid Open after a grueling encounter with Dominic Thiem . He erased three match points before Nadal sliced a backhand volley for the title.

    Macron's Cabinet: 11 men, 11 women cross political spectrum

    Macron is the conservative Merkel's fourth French president in almost 12 years as chancellor. High-profile conservative Bruno Le Maire was the pick for finance minister.

    At Least 2 Dead, Dozens Injured After Tornadoes Hit Wisconsin, Oklahoma

    Fifty-three-year-old Bo Mikles was killed as he was apparently fleeing his home when his vehicle was thrown several hundred feet. All severe modes are possible including strong tornadoes, baseball size hail and damaging winds exceeding 80 miles per hour .
  • Brendan Rodgers urges Celtic to complete 'remarkable' unbeaten league campaign against Hearts

    Brendan Rodgers urges Celtic to complete 'remarkable' unbeaten league campaign against Hearts

    He pounced on some slackness in the Thistle defence to send another curling shot into the net from the edge of the box. But I think for the twentieth time I'm going to say he is going back to Manchester City.
    Dead After Car Slams Into New York Pedestrians

    Dead After Car Slams Into New York Pedestrians

    Faisal Shahzad, a naturalized American and Taliban-trained militant, later pleaded guilty and was sentenced to life imprisonment. The crash happened at midday on a hot, clear day that brought large crowds of people into the streets to enjoy the good weather.
    Space Weather Events Linked To High-Altitude Nuclear Tests

    Space Weather Events Linked To High-Altitude Nuclear Tests

    Since VLF radio waves are very good at penetrating 40 meters or more into saltwater, they're ideal for submarine communications. Data showed that the Van Allen belts have moved further away from Earth since the 1960s, when the VLF use was limited.
  • Unstoppable Ronaldo aims to take Real to brink of title

    Also Manchester United's Zlatan Ibrahimovic is the next active player on the list with 268 goals putting him at 11th. Cristiano Ronaldo and Isco lead the team to win another three crucial points in the fight for the title.
    Court Orders Uber To Return Stolen Files To Waymo

    Court Orders Uber To Return Stolen Files To Waymo

    The US District Judge ruled out the argument saying that Uber can not implement arbitration contracts it did not sign. Levandowski is also accused of having stolen a treasure trove of Google documentation before leaving the company.

    Russian Federation probe 'hurts our country terribly'

    Because it was a closed briefing, it's unclear exactly how Rosenstein described how he knew Trump would fire Comey. Dick Durbin , D-Ill., said after the meeting that Rosenstein had essentially confirmed Trump's recounting.
  • Times Square crash: What we know so far

    Times Square crash: What we know so far

    He just kept going". "The only thing I see is this poor woman, mid-air, getting hit by a vehicle and the auto still going". Smoke was coming out of the car's hood and the vehicle was slightly overturned on a barrier at a sidewalk in Times Square.
    WhatsApp pinned chats now available for Android users

    WhatsApp pinned chats now available for Android users

    Once you select, the concerned chat will move down to its regular place in the list of chats. WhatsApp's "pinned chat" feature lets you pin their favourite chats on the top of the app.
    House oversight committee wants Comey to testify next week

    House oversight committee wants Comey to testify next week

    The combination of what is known and what is credibly alleged would, if fully substantiated, constitute obstruction of justice. In and of itself, that's a steep hurdle, especially when the president's own party has control, as Republicans do now.

We are pleased to provide this opportunity to share information, experiences and observations about what's in the news.
Some of the comments may be reprinted elsewhere in the site or in the newspaper.
Thank you for taking the time to offer your thoughts.