Media stories about United States Steel (NYSE:X) have trended somewhat positive recently, according to Accern Sentiment. The research group ranks the sentiment of press coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. United States Steel earned a media sentiment score of 0.23 on Accern’s scale. Accern also gave media headlines about the basic materials company an impact score of 44.1848953999294 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
These are some of the news articles that may have effected Accern’s analysis:
United States Steel (NYSE:X) traded down $0.38 during midday trading on Friday, reaching $39.14. The company had a trading volume of 8,590,000 shares, compared to its average volume of 10,330,000. The firm has a market capitalization of $6,850.00, a P/E ratio of 57.56, a price-to-earnings-growth ratio of 1.67 and a beta of 3.00. United States Steel has a 1-year low of $18.55 and a 1-year high of $41.83. The company has a quick ratio of 1.23, a current ratio of 1.89 and a debt-to-equity ratio of 1.03.
United States Steel (NYSE:X) last posted its quarterly earnings data on Tuesday, October 31st. The basic materials company reported $0.92 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.67 by $0.25. United States Steel had a return on equity of 10.27% and a net margin of 1.05%. The business had revenue of $3.25 billion during the quarter, compared to the consensus estimate of $3.07 billion. During the same period in the prior year, the business posted $0.40 earnings per share. United States Steel’s quarterly revenue was up 20.9% on a year-over-year basis. sell-side analysts anticipate that United States Steel will post 1.84 earnings per share for the current year.
A number of analysts recently issued reports on X shares. ValuEngine raised United States Steel from a “hold” rating to a “buy” rating in a research report on Thursday, December 7th. Bank of America set a $32.00 price target on United States Steel and gave the stock a “buy” rating in a research report on Friday, October 20th. Longbow Research raised United States Steel from a “neutral” rating to a “buy” rating in a research report on Wednesday, December 20th. Jefferies Group restated a “buy” rating on shares of United States Steel in a report on Monday, September 18th. Finally, Cowen restated a “hold” rating and set a $40.00 price objective on shares of United States Steel in a report on Thursday, January 4th. Two equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and twelve have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average target price of $31.14.
In other news, VP Colleen M. Darragh sold 9,700 shares of the stock in a transaction dated Friday, December 1st. The shares were sold at an average price of $30.00, for a total transaction of $291,000.00. Following the transaction, the vice president now owns 19,136 shares of the company’s stock, valued at approximately $574,080. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, VP Colleen M. Darragh sold 1,060 shares of the stock in a transaction dated Wednesday, January 3rd. The stock was sold at an average price of $37.85, for a total transaction of $40,121.00. Following the transaction, the vice president now directly owns 18,076 shares in the company, valued at approximately $684,176.60. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 75,698 shares of company stock valued at $2,535,286. Company insiders own 1.00% of the company’s stock.
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United States Steel Company Profile
United States Steel Corporation is an integrated steel producer. The Company is engaged in producing flat-rolled and tubular products with production operations in North America and Europe. The Company operates through three segments: Flat-Rolled Products (Flat-Rolled), U. S. Steel Europe (USSE) and Tubular Products (Tubular).
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