United States Steel Co. (NYSE:X) Director Paul Anthony Mascarenas sold 3,531 shares of United States Steel stock in a transaction on Thursday, March 15th. The shares were sold at an average price of $38.40, for a total transaction of $135,590.40. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.
NYSE X opened at $34.49 on Monday. The firm has a market cap of $6,066.20, a PE ratio of 17.78, a price-to-earnings-growth ratio of 0.92 and a beta of 2.97. United States Steel Co. has a one year low of $18.55 and a one year high of $47.64. The company has a current ratio of 1.75, a quick ratio of 1.11 and a debt-to-equity ratio of 0.81.
United States Steel (NYSE:X) last released its earnings results on Wednesday, January 31st. The basic materials company reported $0.76 EPS for the quarter, topping the Zacks’ consensus estimate of $0.67 by $0.09. The company had revenue of $3.13 billion for the quarter, compared to analysts’ expectations of $3.10 billion. United States Steel had a return on equity of 12.56% and a net margin of 3.16%. The business’s revenue for the quarter was up 18.2% compared to the same quarter last year. During the same period in the previous year, the business posted $0.27 EPS. sell-side analysts forecast that United States Steel Co. will post 4.67 EPS for the current fiscal year.
Institutional investors have recently made changes to their positions in the stock. Banco de Sabadell S.A bought a new stake in United States Steel in the 4th quarter valued at about $100,000. We Are One Seven LLC bought a new stake in United States Steel in the 4th quarter valued at about $132,000. CoreCommodity Management LLC bought a new stake in United States Steel in the 4th quarter valued at about $152,000. US Bancorp DE raised its stake in United States Steel by 81.2% in the 4th quarter. US Bancorp DE now owns 4,563 shares of the basic materials company’s stock valued at $160,000 after acquiring an additional 2,045 shares during the period. Finally, Calamos Advisors LLC bought a new stake in United States Steel in the 4th quarter valued at about $201,000. Institutional investors and hedge funds own 68.27% of the company’s stock.
X has been the topic of a number of analyst reports. Axiom Securities raised shares of United States Steel from a “sell” rating to a “hold” rating and cut their price objective for the stock from $41.83 to $18.55 in a report on Monday, December 11th. Longbow Research raised shares of United States Steel from a “neutral” rating to a “buy” rating in a report on Wednesday, December 20th. ValuEngine raised shares of United States Steel from a “hold” rating to a “buy” rating in a report on Sunday, December 31st. Cowen reaffirmed a “hold” rating and set a $40.00 price objective on shares of United States Steel in a report on Thursday, January 4th. Finally, Bank of America set a $46.00 price objective on shares of United States Steel and gave the stock a “buy” rating in a report on Monday, January 8th. Two equities research analysts have rated the stock with a sell rating, ten have given a hold rating and ten have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $40.11.
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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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