Brokers Set Expectations for AK Steel Holding Corporation's FY2017 Earnings (AKS)

AK Steel Holding Corporation has a 52-week low of 1.64 and a 52-week high of 11.39. Off. Hoffbauer Gregory A also purchased 2,200 shares, at a stock price of $3.35.

Some buy side analysts are also providing their Analysis on AK Steel Holding Corporation, where 2 analysts have rated the stock as Strong buy, 4 analysts have given a Buy signal, 8 said it's a HOLD, 0 reported it as Underperform and 1 analysts rated the stock as Sell. Lipschitz now expects that the firm will post earnings of $1.46 per share for the year, up from their previous estimate of $0.33.

AK Steel Holding Corporation (NYSE:AKS) last released its quarterly earnings data on Tuesday, October 25th.

11/14/2016 - AK Steel Holding Corporation was upgraded to "overweight" by analysts at Morgan Stanley. The firm's market cap is $6.11 billion.

11/29/2016 - United States Steel Corporation was downgraded to "hold" by analysts at Argus.

Insider Trades for United States Steel Corp. show that the latest trade was made on 7 Dec 2016 where Folsom Suzanne R, the Officer completed a transaction type "Buy" in which 13333 shares were traded at a price of $25.56. The stock's current distance from 20-Day Simple Moving Average (SMA20) is 3.38% where SMA50 and SMA200 are 26.6% and 91.6% respectively. The ex-dividend date was Tuesday, November 8th. Also, VP David J. Rintoul sold 18,330 shares of the firm's stock in a transaction on Wednesday, November 16th. This represents a $0.20 dividend on an annualized basis and a yield of 0.56%. United States Steel Corp.'s payout ratio is -2.19%. The company's institutional ownership is monitored at 76.2 percent. They now have a United States dollars 18 price target on the stock.

According to Financial Times, The 14 analysts offering 12 month price targets for AK Steel Holding Corporation have a median target of 9.50, with a high estimate of 13.00 and a low estimate of 5.00. On the other hand, in the June 2017 quarter the company recorded a net $1.49B revenue with earnings per share of $0.08. If you are viewing this piece on another website, it was stolen and reposted in violation of United States & worldwide copyright and trademark legislation. The disclosure for this sale can be found here.

Large investors have recently bought and sold shares of the stock. Insiders own 1.31% of the company's stock. Wedbush Securities Inc. acquired a new position in AK Steel Holding Corporation during the third quarter valued at $120,000. LS Investment Advisors LLC increased its position in shares of United States Steel Corporation by 71.9% in the second quarter. Arlington Capital Management Inc. now owns 635,835 shares of the company's stock worth $10,720,000 after buying an additional 57,553 shares during the period. Now the company has earned "Buy" from 6 equity analysts. Finally, Raymond James & Associates raised its position in AK Steel Holding Corporation by 4.7% in the second quarter. Its Director WRIGHT VICENTE sold 27,000 company shares for $180000.9, in a transaction on 2016-07-28. Finally, Advisory Services Network LLC increased its position in shares of United States Steel Corporation by 21.5% in the second quarter. While it's Return on Investment (ROI) value is -19.9%. Seven Eight Capital LLC now owns 9,808 shares of the company's stock worth $165,000 after buying an additional 5,472 shares in the last quarter. 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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