United States Steel Corporation (NYSE:X) fell -26.78% during previous trade. BofA/Merrill issued rating on the stock of United States Steel Corporation (NYSE:X) in a research note issued to investors on Apr-26-17, the stock received “Downgrade” rating from Buy to Neutral. Additionally Macquarie issued their verdict on the stock of the company, on record date of Apr-24-17 the stock was “Upgraded” from Underperform to Neutral besides that on Apr-12-17 United States Steel Corporation (NYSE:X) was “Initiated” by Longbow as Neutral. Furthermore on Feb-06-17 the stock was “Upgraded” by Argus from Hold to Buy.
United States Steel Corporation (NYSE:X) shares ended last trading session at the price of $22.78 whereas a number of traders indicating mean target price will hit $38.62 over the next twelve months, mean value of price target most recently revised on 04/24/17. United States Steel Corporation (NYSE:X)’s highest estimates of price target are $60 and low forecast is $14 based on the opinion of 13 analysts. The price target estimates represents a standard deviation of 9.35. However brokerage recommendations suggests an ABR of 1.73 based on calls of 11 experts, where 7 brokers polls the stock a Strong Buy, 0 suggest the stock a Buy, 4 suggest Hold, 0 are rating the stock as Sell while 1 as Strong Sell.
United States Steel Corporation (NYSE:X) is expected to release the earnings of its current quarter on 7/25/17. The company is expected to release $0.32 EPS for current quarter according to 15 analysts whereas the company reported $-2.15 EPS during same quarter a year ago. For the current quarter the stock has lowest EPS estimates of $0.08 and high estimate of $0.51. For the current year United States Steel Corporation (NYSE:X) has set to release EPS of $2.99 as per the sentiments of 17 analysts, however according to 15 analysts, the company expected to release $3.07 EPS for next year.
United States Steel Corporation (NYSE:X)’s average revenue estimates for the current quarter are $2.92B according to 10 number of analysts. However its lowest revenue estimates are $2.72B and highest revenue estimates are $3.25B. A year ago the company’s sales were $2.34B. Its yearly sales growth estimates are 24.50%. For the next quarter the company has anticipated average revenues of $3.12B, according to the sentiments of 9 analysts. For the current year the company has fixed $12.15B revenues, as per the opinion of 13 analysts. For the current year the company has low revenue estimates of $11.44B in contradiction of high revenue estimates of $13.36B. Whereas for the next year revenues are set at $12.43B by 12analysts.
The stock exchanged hands 100.98M shares versus average trading capacity of 18.97M shares, while its shares’ total market worth is $3.96B along with 173.81M outstanding shares. United States Steel Corporation (NYSE:X) shares were trading -45.54% below from the 52-week high price mark of $41.83 and +79.42% above from the 52-week price bottom of $12.70. However the company observed 52 week high price on 02/21/17 and witnessed 52 week low price on 05/19/16. The company’s price sits -35.04% below from its 50-day moving average of $33.06 and -18.83% away from the stock’s 200-day moving average which is $31.58. United States Steel Corporation (NYSE:X)’s price to sales ratio for trailing twelve month stands at 0.38, whereas its price to book ratio for most recent quarter sits at 1.73. However the company’s price to cash per share for most recent quarter stands at 2.60. Its price to free cash flow for trailing twelve months is 10.11.