AK Steel Holding Corporation (NYSE:AKS) fell -5.46% during previous trade. Citigroup Macquarie issued rating on the stock of AK Steel Holding Corporation (NYSE:AKS) in a research note issued to investors on Jan-19-17, the stock received “Downgrade” rating from Neutral to Sell. Additionally Credit Suisse issued their verdict on the stock of the company, on record date of Jan-12-17 the stock was “Downgraded” from Outperform to Neutral besides that on Nov-29-16 AK Steel Holding Corporation (NYSE:AKS) was “Downgraded” by Macquarie from Outperform to Neutral. Furthermore on Nov-14-16 the stock was “Upgraded” by Morgan Stanley from Equal-Weight to Overweight.
AK Steel Holding Corporation (NYSE:AKS) shares ended last trading session at the price of $9.52 whereas a number of traders indicating mean target price will hit $10.32 over the next twelve months, mean value of price target most recently revised on 1/18/17. 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 2.75. However brokerage recommendations suggests an ABR of 2.67 based on calls of 12 experts, where 4 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 1/24/17 Before Market Open. The company is expected to release $0.08 EPS for current quarter according to 15 analysts whereas the company reported $0.3 EPS during same quarter a year ago. For the current quarter the stock has lowest EPS estimates of $-0.05 and high estimate of $0.3. For the current year AK Steel Holding Corporation (NYSE:AKS) has set to release EPS of $0.32 as per the sentiments of 16 analysts, however according to 17 analysts, the company expected to release $0.97 EPS for next year.
AK Steel Holding Corporation (NYSE:AKS)’s average revenue estimates for the current quarter are $1.41B according to 10 number of analysts. However its lowest revenue estimates are $1.37B and highest revenue estimates are $1.47B. A year ago the company’s sales were $1.54B. Its yearly sales growth estimates are -8.40%. For the next quarter the company has anticipated average revenues of $1.55B, according to the sentiments of 5 analysts. For the current year the company has fixed $5.88B revenues, as per the opinion of 13 analysts. For the current year the company has low revenue estimates of $5.84B in contradiction of high revenue estimates of $5.93B. Whereas for the next year revenues are set at $6.3B by 14 analysts.
The stock exchanged hands 18.46M shares versus average trading capacity of 19.61M shares, while its shares’ total market worth is $3.18B along with 313.02M outstanding shares. AK Steel Holding Corporation (NYSE:AKS) shares were trading -16.42% below from the 52-week high price mark of $11.39 and +480.49% above from the 52-week price bottom of $1.64. However the company observed 52 week high price on 12/08/16 and witnessed 52 week low price on 01/25/16. The company’s price sits 0.09% above from its 50-day moving average of $10.38 and 59.84% far from the stock’s 200-day moving average which is $6.67. AK Steel Holding Corporation (NYSE:AKS)’s price to sales ratio for trailing twelve month stands at 0.50, whereas price to cash per share for most recent quarter stands at 52.68. Its price to free cash flow for trailing twelve months is 17.00.