Analyst Research

Analyst Outlook: AK Steel Holding Corporation (NYSE:AKS)

AK Steel Holding Corporation (NYSE:AKS) fell -0.63% during previous trade. Citigroup issued rating on the stock of AK Steel Holding Corporation (NYSE:AKS) in a research note issued to investors on Apr-19-17, the stock received “Upgrade” rating from Sell to Neutral. Additionally Morgan Stanley issued their verdict on the stock of the company, on record date of Feb-13-17 the stock was “Downgraded” from Overweight to Equal-Weight besides that on Jan-25-17 AK Steel Holding Corporation (NYSE:AKS) was “Downgraded” by JP Morgan from Buy Overweight to Neutral. Furthermore on Jan-19-17 the stock was “Downgraded” by Citigroup from Neutral to Sell.

AK Steel Holding Corporation (NYSE:AKS) shares ended last trading session at the price of $6.28 whereas a number of traders indicating mean target price will hit $9.61 over the next twelve months, mean value of price target most recently revised on 04/18/17. AK Steel Holding Corporation (NYSE:AKS)’s highest estimates of price target are $13 and low forecast is $7.30 based on the opinion of 12 analysts. The price target estimates represents a standard deviation of 1.99. However brokerage recommendations suggests an ABR of 2.56 based on calls of 9 experts, where 2 brokers polls the stock a Strong Buy, 0 suggest the stock a Buy, 7 suggest Hold, 0 are rating the stock as Sell while 0 as Strong Sell.

AK Steel Holding Corporation (NYSE:AKS) is expected to release the earnings of its current quarter on 4/25/17 Before Market Open. The company is expected to release $0.15 EPS for current quarter according to 14 analysts whereas the company reported $-0.08 EPS during same quarter a year ago. For the current quarter the stock has lowest EPS estimates of $0.07 and high estimate of $0.23. For the current year AK Steel Holding Corporation (NYSE:AKS) has set to release EPS of $0.66 as per the sentiments of 13 analysts, however according to 13 analysts, the company expected to release $0.89EPS for next year.

AK Steel Holding Corporation (NYSE:AKS)’s average revenue estimates for the current quarter are $1.48B according to 9 number of analysts. However its lowest revenue estimates are $1.4B and highest revenue estimates are $1.54B. A year ago the company’s sales were $1.52B. Its yearly sales growth estimates are -2.40%. For the next quarter the company has anticipated average revenues of $1.55B, according to the sentiments of 7 analysts. For the current year the company has fixed $6.04B revenues, as per the opinion of 12 analysts. For the current year the company has low revenue estimates of $5.77B in contradiction of high revenue estimates of $6.35B. Whereas for the next year revenues are set at $6.18B by 11 analysts.

The stock exchanged hands 14.67M shares versus average trading capacity of 17.93M shares, while its shares’ total market worth is $1.98B along with 314.79M outstanding shares. AK Steel Holding Corporation (NYSE:AKS) shares were trading -44.86% below from the 52-week high price mark of $11.39 and +89.73% above from the 52-week price bottom of $3.31. However the company observed 52 week high price on 12/08/16 and witnessed 52 week low price on 05/19/16. The company’s price sits -19.53% below from its 50-day moving average of $7.46 and -10.96% away from the stock’s 200-day moving average which is $7.97. AK Steel Holding Corporation (NYSE:AKS)’s price to sales ratio for trailing twelve month stands at 0.34. However the company’s price to cash per share for most recent quarter stands at 11.41. Its price to free cash flow for trailing twelve months is 11.17.

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