Street Reports

Analysts Keeping an Eye on United States Steel Corporation (NYSE:X)


The shares of United States Steel Corporation (NYSE:Xcurrently has mean rating of 3.3 while 3 analyst have recommended the shares as ‘BUY’ ,0 recommended as ‘OUTPERFORM’ and 8 recommended as ‘HOLD’.The rating score is on a scale of 1 to 5 where 1 stands for strong buy and 5 stands for sell

The mean price target for the shares of United States Steel Corporation (NYSE:Xis at $15.79 while the highest price target suggested by the analysts is $28.00 and low price target is $5.00. The mean price target is calculated keeping in view the consensus of 14 brokerage firms.

The company’s mean estimate for sales for the current quarter ending Jun 16 is 2.66B by 10 analysts. The means estimate of sales for the year ending Dec 16 is 10.49B by 14 analysts.

The average estimate of EPS for the current fiscal quarter for United States Steel Corporation (NYSE:Xstands at $-0.52 while the EPS for the current year is fixed at $-2.25 by 16.00 analysts

The next one year’s EPS estimate is set at 0.14 by 17.00 analysts while a year ago the analysts suggested the company’s EPS at $-2.25. The analysts also projected the company’s long-term growth at -30.50% for the upcoming five years

In its latest quarter ended on 31 Mar 2016 , United States Steel Corporation (NYSE:Xreported earnings of $-2.15. The posted earnings missed the analyst’s consensus by $-0.92 with the surprise factor of -74.80%. In the matter of earnings surprises, the term ‘Cockroach Effect’ is often implied. Cockroach Effect is a market theory that suggests that when a company reveals bad news to the public, there may be many more related negative events that have yet to be revealed. In the case of earnings surprises, if a company is suggesting a negative earnings surprise it means there are more to come.

United States Steel Corporation (NYSE:X traded up +5.37% during trading on Friday, hitting $18.08 . The stock had a trading volume of 11.9 M shares. The firm has a 50 day moving average of $15.88 and a 200-day moving average of $12.68. The stock has a market cap of $2.64B. On Jun 26, 2015 the shares registered one year high at $22.52 and the one year low was seen on Jan 28, 2016.

United States Steel Corporation produces and sells flat-rolled and tubular steel products in North America and Europe. It operates through three segments: Flat-Rolled Products (Flat-Rolled), U. S. Steel Europe (USSE), and Tubular Products (Tubular). The Flat-Rolled segment offers slabs, rounds, strip mill plates, sheets, and tin mill products. This segment serves customers in the automotive, consumer and the combined industrial, service center, and mining commercial markets. The USSE segment provides slabs, sheets, strip mill plates, tin mill products, and spiral welded pipes, as well as heating radiators and refractory ceramic materials. This segment serves customers in the construction, service center, conversion, container, transportation, appliance and electrical, oil, gas, and petrochemical markets. The Tubular segment offers seamless and electric resistance welded steel casing and tubing; and standard and line pipe and mechanical tubing products primarily to customers in the oil, gas, and petrochemical markets. The company also provides railroad services; and owns, develops, and manages various real estate assets. United States Steel Corporation was founded in 1901 and is headquartered in Pittsburgh, Pennsylvania.

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