1 analysts say it's a Hold while 0 analysts provided their expert opinion as Sell.
On a similar note, analysts expect EPS of $0.03 in September 2017 quarter and $0.09 in December 2017 quarter, representing -85.71% and -64% growth, respectively. The stock has increased 12 percent in the last 12 months. The company is expected to issue its next earnings report before the market opens on Tuesday, October 31st. The ROIC 5 year average of AK Steel Holding Corporation (NYSE:AKS) is 0.039994. Parametric Portfolio Associates LLC raised its position in shares of AK Steel Holding Corporation by 5.1% during the 1st quarter. Many analysts use price trends and patterns to predict future performance, and we can glean some important insights about AKS by examining the chart.
On July 27 the company was changed to "Neutral" according to a Longbow Research report which is down from the previous "Buy" rating. The company's forward price to earnings ratio for next fiscal year is 7.95. United States Steel Corporation (NYSE:X) is only down half as much, and Nucor Corporation (NYSE:NUE) is down just 2% on the year. The ERP5 of AK Steel Holding Corporation (NYSE:AKS) is 8294.
AK Steel Holding Corporation (AKS) has an Analysts' Mean Recommendation of 2.5, according to data compiled by Finviz. The results of the trading session contributed to over 2,246,116 shares changing hands.
Traders are a little more bullish on shares of AK Steel Holding Corporation recently if you put credence in the downtick in short interest.
Company shares are trading at $5.03 significantly below the 50 day moving average of $5.69 and which is well below the 200 day moving average of $5.90. The stock traded on unusually declined volume of 13.74 Million comparing to the average volume of 15603.70 shares, completing picture of exact trends with uncompleted dots in volume over the norm.
TRADEMARK VIOLATION WARNING: This story was originally published by Week Herald and is the property of of Week Herald. The total value of its holdings decreased 0.0%.
The Return on Invested Capital (aka ROIC) for AK Steel Holding Corporation (NYSE:AKS) is 0.155675. Earnings surprises can have a huge impact on a company's stock price. State of New Jersey Common Pension Fund D acquired a new stake in AK Steel Holding Corporation during the third quarter valued at approximately $81,614,000.
In terms of value, AK Steel Holding Corporation (NYSE:AKS) has a Value Composite score of 23. Below, we'll take a closer look at AKS and X ahead of the quarterly updates. Finally, BlackRock Institutional Trust Company N.A. raised its position in shares of AK Steel Holding Corp.by 1.2% in the first quarter. Shares are now up over the past year, outperforming the broad market by -100% and underperformed a peer group of similar companies by -172%. As of quarter end Raymond James Financial Services Advisors, Inc. had bought a total of 5,571 shares growing its holdings by 25.5%. Vanguard Group Inc. now owns 37,074,630 shares of the basic materials company's stock valued at $266,566,000 after purchasing an additional 2,308,220 shares during the last quarter. These operations produce flat-rolled carbon, specialty stainless and electrical steels that it sells in sheet and strip form, and carbon and stainless steel that it finishes into welded steel tubing.
The TTM operating margin for the company stands at 5.7%.