AK Steel Holding Corporation (NYSE:AKS) rose 4.41% during previous trade. Morgan Stanley Macquarie issued rating on the stock of AK Steel Holding Corporation (NYSE:AKS) in a research note issued to investors on Feb-13-17, the stock received “Downgrade” rating from Overweight to Equal-Weight. Additionally JP Morgan issued their verdict on the stock of the company, on record date of Jan-25-17 the stock was “Downgraded” from Overweight to Neutral besides that on Jan-19-17 AK Steel Holding Corporation (NYSE:AKS) was “Downgraded” by Citigroup from Neutral to Sell. Furthermore on Jan-12-17 the stock was “Downgraded” by Credit Suisse from Outperform to Neutral.
AK Steel Holding Corporation (NYSE:AKS) shares ended last trading session at the price of $8.76 whereas a number of traders indicating mean target price will hit $9.66 over the next twelve months, mean value of price target most recently revised on 1/30/17. AK Steel Holding Corporation (NYSE:AKS)’s highest estimates of price target are $13 and low forecast is $7 based on the opinion of 14 analysts. The price target estimates represents a standard deviation of 2.50. However brokerage recommendations suggests an ABR of 2.82 based on calls of 11 experts, where 3 brokers polls the stock a Strong Buy, 0 suggest the stock a Buy, 6 suggest Hold, 0 are rating the stock as Sell while 2 as Strong Sell.
AK Steel Holding Corporation (NYSE:AKS) is expected to release the earnings of its current quarter on 4/25/17. The company is expected to release $0.13 EPS for current quarter according to 12 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 $0.04 and high estimate of $0.23. For the current year AK Steel Holding Corporation (NYSE:AKS) has set to release EPS of $0.73 as per the sentiments of 14 analysts, however according to 12 analysts, the company expected to release $0.81 EPS for next year.
AK Steel Holding Corporation (NYSE:AKS)’s average revenue estimates for the current quarter are $1.48B according to 8 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 -2.80%. 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 $6.03B revenues, as per the opinion of 11 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 10 analysts.
The stock exchanged hands 36.72M shares versus average trading capacity of 23.48M shares, while its shares’ total market worth is $2.67B along with 314.16M outstanding shares. AK Steel Holding Corporation (NYSE:AKS) shares were trading -23.09% below from the 52-week high price mark of $11.39 and +315.17% above from the 52-week price bottom of $2.11. However the company observed 52 week high price on 12/08/16 and witnessed 52 week low price on 02/16/16. The company’s price sits -9.75% below from its 50-day moving average of $9.36 and 39.55% far from the stock’s 200-day moving average which is $7.05. AK Steel Holding Corporation (NYSE:AKS)’s price to sales ratio for trailing twelve month stands at 0.48, whereas price to cash per share for most recent quarter stands at 16.40. Its price to free cash flow for trailing twelve months is 16.05.