A recession threat has continued to send U.S. Steel sliding further even though X posted a remarkable Q2. Why are we reiterating our HOLD rating? Find out.
United States Steel Corporation (NYSE:X) marked $18.20 per share on Monday, down from a previous closing price of $18.59. While United States Steel Corporation has underperformed by -2.10%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, X fell by -16.70%, with highs and lows ranging from […]
United States Steel Corporation with ticker code (X) have now 11 analysts covering the stock with the consensus suggesting a rating of ''Hold''. The range between the high target price and low target price is between 42.75 and 20 and has a mean target at 26.5. With the stocks previous close at 19.68 this would indicate that there is a potential upside of 34.7%. The 50 day moving average now sits at 22.37 and the 200 day MA is 25.2. The market capitalisation for the company is $4,410m. You can visit the company''s website by visiting: https://www.ussteel.com [stock_market_widget type="chart" template="basic" color="green" assets="X" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $5,938m based on the market concensus. United States Steel Corporation produces and sells flat-rolled and tubular steel products primarily in North America and Europe. It operates through four segments: North American Flat-Rolled (Flat-Rolled), Mini Mill, U. S. Steel Europe (USSE), and Tubular Products (Tubular).
United States Steel Corp. undefined shares rose about 1% in premarket trades, rebounding from an 8.6% loss in the previous session. The company said Thursday…
The share price of United States Steel Corporation (NYSE:X) rose to $23.17 per share on Wednesday from $21.98. While United States Steel Corporation has overperformed by 5.41%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, X fell by -12.50%, with highs and lows ranging from $39.25 […]
In a search for growth, many investors have done well seeking out popular stocks. Whether it’s meme stocks discussed on forums such as Reddit’s WallStreetBets or options-driven tech stocks, there are plenty of rags-to-riches stories amid the market mania of recent years. Of course, there are also hot stocks to avoid, particularly for investors who believe another bull market may not be right around the corner. Various macro indicators suggest we could be due for a prolonged period of pain in equity markets. Along with still-stretched valuations, many companies are seeing margin pressures as inflation rears its ugly head. Meanwhile, the Federal Reserve is seeking to cool inflation by hiking interest rates. Analysts are revising earnings estimates lower , suggesting the fundamental growth stories many investors bought into may not be so solid. For those taking a more cautious view of the markets, here are three hot stocks to avoid. BBBY Bed Bath & Beyond $7.04 DOCU DocuSign $53.80 X U.S.
United States Steel Corporation found using ticker (X) now have 11 analysts covering the stock. The analyst consensus points to a rating of ''Hold''. The target price ranges between 44 and 20 with a mean TP of 26.86. Given that the stocks previous close was at 21.48 this indicates there is a potential upside of 25.0%. The 50 day moving average now sits at 21.4 while the 200 day moving average is 25.37. The market cap for the company is $5,150m. Company Website:https://www.ussteel.com [stock_market_widget type="chart" template="basic" color="green" assets="X" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $6,440m based on the market concensus. United States Steel Corporation produces and sells flat-rolled and tubular steel products primarily in North America and Europe. It operates through four segments: North American Flat-Rolled (Flat-Rolled), Mini Mill, U. S. Steel Europe (USSE), and Tubular Products (Tubular). The Flat-Rolled segment offers slabs, strip mill plates, sheets, and tin mill products, as well as iron ore and coke.
Currently, United States Steel Corporation’s (X) stock is trading at $23.94, marking a fall of -5.71% from last night’s close. At this price, the stock is -39.01% below its 52-week high of $39.25 and 45.89% above its 52-week low of $16.41. Based on the past 30-day period, the stock price is -6.81% below the high […]
US Steel Corp. Upgraded To ‘BB-‘ From ‘B+’ On Debt Reduction And Liquidity Preservation Amid Strategic Spending – S&P Global Ratings United States Steel Corporation (NYSE:X) (U.S. Steel) has had record trailing earnings and cash flow on the back of favorable price and demand trends, which it has used to significantly reduce debt and maintain […]
United States Steel Corporation found using ticker (X) have now 11 analysts covering the stock with the consensus suggesting a rating of ''Hold''. The range between the high target price and low target price is between 44 and 20 with the average target price sitting at 26.86. Given that the stocks previous close was at 25.84 this would indicate that there is a potential upside of 3.9%. The 50 day moving average now sits at 21.04 and the 200 day MA is 25.44. The company has a market cap of $6,016m. Visit the company website at: https://www.ussteel.com [stock_market_widget type="chart" template="basic" color="green" assets="X" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $6,254m based on the market concensus. United States Steel Corporation produces and sells flat-rolled and tubular steel products primarily in North America and Europe. It operates through four segments: North American Flat-Rolled (Flat-Rolled), Mini Mill, U. S. Steel Europe (USSE), and Tubular Products (Tubular).
United States Steel Corporation (X)’s stock has witnessed a price hike of 0.47% from the previous close with its current price standing at $23.37. Its current price is -40.46% under its 52-week high of $39.25 and 42.41% more than its 52-week low of $16.41. Based on the past 30-day period, the stock price is -9.22% […]
In the latest trading session, 3.03 million United States Steel Corporation (NYSE:X) shares changed hands as the company’s beta touched 2.17. With the company’s most recent per share price at $23.58 changed hands at -$1.31 or -5.25% at last look, the market valuation stands at $5.80B. X’s current price is a discount, trading about -66.45% … United States Steel Corporation (NYSE: X): Why Investors Shouldn’t Ditch X Stock In 2022 Read More »
United States Steel Corporation (NYSE:X) price closed higher on Tuesday, August 16, jumping 1.97% above its previous close. A look at the daily price movement shows that the last close reads $24.41, with intraday deals fluctuated between $24.48 and $25.16. The company’s 5Y monthly beta was ticking 2.09 while its P/E ratio in the trailing … United States Steel Corporation (NYSE: X) Could Pass $44.00 In One Year Stock Forecast Read More »
United States Steel Corp (NYSE: X ), Equinor ASA (NYSE: EQNR ), and Shell PLC''s (NYSE: SHEL ) Shell US Gas & Power LLC have entered into a non-exclusive Cooperation Agreement to advance a collaborative clean energy hub in the Ohio, West Virginia, Pennsylvania region. The hub would focus on decarbonization opportunities that … Full story available on Benzinga.com
PITTSBURGH--(BUSINESS WIRE)--United States Steel Corporation (NYSE: X) (“U. S. Steel”) Equinor US Holdings Inc (NYSE: EQNR) (“Equinor”), and Shell US Gas & Power LLC (NYSE: SHEL) (“Shell”) have entered into a non-exclusive Cooperation Agreement to advance a collaborative clean energy hub in the Ohio, West Virginia, Pennsylvania region. The hub would focus on decarbonization opportunities that feature carbon capture utilization and storage (CCUS), as well as hydrogen production and utilizati
Below we present the list of 5 Small-Cap Value Stocks Hedge Funds Love. For our methodology and a more comprehensive list please see 10 Small-Cap Value Stocks Hedge Funds Love. 5. United States Steel Corporation (NYSE:X) Number of Hedge Fund Shareholders: 37 United States Steel Corporation (NYSE:X) is near its all-time high in hedge fund […]
U.S. Steel reported a robust Q2 earnings print, outperforming the consensus estimates on both lines. See why we reiterate our rating on X stock.
X comprises 3 divisions - U.S., Tubular, and Europe. Since 2013, the US division has been the main contributor.
United States Steel Corporation (NYSE:X) has a beta value of 2.17 and has seen 2.51 million shares traded in the recent trading session. The company, currently valued at $5.55B, closed the recent trade at $24.02 per share which meant it gained $0.33 on the day or 1.41% during that session. The X stock price is … Small Cap Stock United States Steel Corporation (X) Is A Buy – Analysts Read More »
United States Steel Corporation (NYSE:X)’s traded shares stood at 5.49 million during the latest session, with the company’s beta value hitting 2.10. At the last check today, the stock’s price was $23.24, to imply an increase of 7.09% or $1.54 in intraday trading. The X share’s 52-week high remains $39.25, putting it -68.89% down since … United States Steel Corporation (NYSE: X): Can A Stock Be -8.86% Lower Year-To-Date And Still Be A Loser? Read More »
X earnings call for the period ending June 30, 2022.
The following slide deck was published by United States Steel Corporation in conjunction with their 2022 Q2 earnings call.
US Steel (NYSE:X) declares $0.05/share quarterly dividend, in line with previous.Forward yield 0.92%Payable Sept. 8; for shareholders of record Aug. 8; ex-div Aug.
PITTSBURGH--(BUSINESS WIRE)---- $X #BestForAll--United States Steel Corporation (NYSE: X) (“U. S. Steel”) announced today that its Board of Directors declared a dividend of $0.05 per share of U. S. Steel Common Stock. The dividend is payable on Thursday, September 8, 2022, to stockholders of record at the close of business on Monday, August 8, 2022. Founded in 1901, United States Steel Corporation is a leading steel producer. With an unwavering focus on safety, the Company’s customer-centric Best for All® strateg
United States Steel (NYSE: X ) reported its Q2 earnings results on Thursday, July 28, 2022 at 04:15 PM. Here''s what investors need to know about the announcement. Earnings United States Steel missed estimated earnings by 0.26%, reporting an EPS of $3.86 versus … Full story available on Benzinga.com
This hasn’t been a particularly good year for stocks. But June was particularly violent starting on June 8. Markets just collapsed out of panic regarding the U.S. Federal Reserve’s strict monetary policy. Yesterday, the indices pretty much recovered all of it but two daily candles. Among the recovery, steel stocks were up more than 3%. The best steel stocks to buy now have made good progress against the June drop. But they did not recover with equal force. Yesterday, the market-wide rally was likely in relief that the Fed event had passed. Chairman Powell did not signal easing stances against his intention to destroy the economy. It doesn’t sound like he is tracking the private sector’s hiring and firing data. If he did, he would have noticed that all mega-tech companies (and others) have pretty much stopped hiring. Some have even started firing. The news wasn’t good from chairman Powell, but the market didn’t care. The best steel stocks on the market spiked in jubilation, which is proof positive that we’re not trading on news but on sentiment.
United States Steel (NYSE: X ) is set to give its latest quarterly earnings report on Thursday, 2022-07-28. Here''s what investors need to know before the announcement. Analysts estimate that United States Steel will report an earnings per share (EPS) of $3.87. United States Steel bulls will hope to hear the company to announce they''ve not only beaten that estimate, but also to provide positive guidance, or forecasted growth, … Full story available on Benzinga.com
United States Steel Corporation (NYSE: X ) is scheduled to come up with its second-quarter 2022 results after the bell on Jul 28. The company surpassed the Zacks Consensus Estimate in three of the trailing four quarters, while missed once. U.S. Steel has a trailing-four quarter negative earnings surprise of 0.3%, on average. It delivered an earnings surprise of roughly 1.7% in the last reported quarter. Healthy end-market demand and higher year-over-year selling prices are likely to have supported its second-quarter results. Shares of U.S. Steel are down 15.9% over a year compared with the industry ''s decline of 24.8%. Image Source: Zacks Investment Research Let''s see how things are shaping up for this announcement. What do the Estimates Say? U.S. Steel, last month, issued its guidance for the second quarter. It envisions adjusted EBITDA of roughly $1.6 billion for the quarter. Second-quarter adjusted earnings per share are projected between $3.83 and $3.88. The Zacks Consensus Estimate for revenues for U.S.
Short-term investing inherently carries greater risk. It is notoriously difficult to pick winning stocks with a short time horizon. In the current market environment that is perhaps doubly true. That said, there’s no shortage of media pundits calling a market bottom currently. Despite their credentials, experience or histories of calling previous market bottoms, their guesses remain guesses. A better strategy is to find long-term stocks to buy on the dip. This strategy is more likely to provide reliable returns because it relies on the general notion that a rising tide lifts all ships. Given that we’re in a bear market a rise is as near a certainty as can be found when investing. 7 Seriously Undervalued Retirement Stocks to Buy Now It simply requires patience and a willingness to commit to stocks in companies that are likely to grow over time. Ticker Company Recent Price GOOG Alphabet $107.85 QS QuantumScape $10.94 AAPL Apple $153.82 U Unity Software $36.28 CHPT ChargePoint $13.83 XPEV XPeng $24.53 X U.S.
A whale with a lot of money to spend has taken a noticeably bearish stance on United States Steel . Looking at options history for United States Steel (NYSE: X ) we detected 13 strange trades. If we consider the specifics of each trade, it is accurate to state that 23% of the investors opened trades with bullish expectations and 76% with bearish. From the overall spotted trades, 10 are puts, for a total amount of $696,944 and 3, calls, for a total amount of $90,220. What''s The Price Target? Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $10.0 to $28.0 for United States Steel over the last 3 months. Volume & Open Interest Development Looking … Full story available on Benzinga.com
The trading price of United States Steel Corporation (NYSE:X) floating higher at last check on Monday, July 11, closing at $17.84, 1.28% higher than its previous close. >> 5 Best Growth Stocks for 2022 << >> 5 Best Growth Stocks for 2022 << Traders who pay close attention to intraday price movement should know that … United States Steel Corporation (NYSE: X) Jumps 1.28% In Recent Trading, What’s New? Read More »
U.S. Steel''s 55% fall from its March highs didn''t stun us. Here''s why we believe the market has justifiably derated X stock, given possible recessionary headwinds and growth normalization.
United States Steel Corporation (NYSE:X)’s traded shares stood at 6.05 million during the latest session, with the company’s beta value hitting 2.09. At the last check today, the stock’s price was $17.61, to imply an increase of 3.31% or $0.56 in intraday trading. The X share’s 52-week high remains $39.25, putting it -122.88% down since … United States Steel Corporation (NYSE: X) Has Succeeded In Gaining Momentum In 2022, The Stock Is Down -28.39% YTD Read More »
Someone with a lot of money to spend has taken a bullish stance on United States Steel (NYSE: X ). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga. Whether this is an institution or just a wealthy individual, we don''t know. But when something this big happens with X, it often means somebody knows something is about to happen. So how do we know what this whale just did? Today, Benzinga ''s options scanner spotted 14 uncommon options trades for United States Steel. This isn''t normal. The overall sentiment of these big-money traders is split between 57% bullish and 42%, bearish. Out of all of the special options we uncovered, 12 are puts, for a total amount of $523,045, and 2 are calls, for a total amount of $83,555. What''s The Price Target? Taking into account the … Full story available on Benzinga.com
On CNBC’s "Mad Money Lightning Round," Jim Cramer said Alibaba Group Holding Limited (NYSE: BABA ) can go higher, but he is not recommending any Chinese shares. Cramer said he likes Toll Brothers, Inc. (NYSE: TOL ) over Skyline Champion Corporation (NYSE: SKY ). When asked about United States Steel Corp (NYSE: X ), … Full story available on Benzinga.com
On Wednesday, 193 stocks hit new 52-week lows. Significant Points From Today''s 52-Week Lows: The largest company by market cap to set a new 52-week low was Shell (NYSE: SHEL ) . Grom Social Enterprises (NASDAQ: GROM ) was the smallest firm on a market cap basis to set a new 52-week low. Kornit Digital (NASDAQ: KRNT ) ''s stock traded down the lowest, falling 30.17% to reach a new 52-week low. Sierra Metals (AMEX: SMTS ) shares rebounded the highest, with shares trading up 0.01%, bouncing back after reaching its new 52-week low. The following stocks achieved new 52-week lows on Wednesday: Caterpillar (NYSE: CAT ) shares moved down 2.08% on Wednesday to hit a new 52-week low of $169.72, drifting down 2.08%. Banco Santander (NYSE: SAN ) stock hit a new 52-week low of $2.56. The stock was down 4.63% on the session. Freeport-McMoRan (NYSE: FCX ) shares moved down 2.71% on Wednesday to hit a new 52-week low of $26.21, drifting down 2.71%. Eni (NYSE: E ) shares set a new 52-week low of $21.61.
The best infrastructure stocks offer a compelling mix of value and technical upside opportunities Caterpillar ( CAT ) valuation is back in line, and is at support Deere’s ( DE ) is on solid foundation and is integral to farming and beyond Cummins ( CMI ) is essential to build-outs and distribution U.S. Steel ( X ) because we can’t build much without steel Honeywell ( HON ) offers other perspective than just infrastructure build out Sempra Energy ( SRE ) stock position relative to the pandemic is interesting Industrial Select Sector SPDR Fund ( XLI ) is the blanket bet on the whole lot Source: Shutterstock The world has changed quite a bit in the past 15 years. Back then there was a massive growth wave mainly behind the build-out of china. It boasted double digit trends, which fed the thesis for buying industry stocks. The current global situation is less certain, but the world superpowers are still going for it. The percentages are smaller but, there are still opportunities to profit from the best infrastructure stocks now.
United States Steel Corporation (NYSE:X) traded at $19.41 at last check on Tuesday, June 28, made a downward move of -0.18% on its previous day’s price. Looking at the stock we see that its previous close was $19.44 and the beta (5Y monthly) reads 2.02 with the day’s price range being $19.38 – $20.41. The … Insider Trading At United States Steel Corporation (NYSE: X): What Did We Note? Read More »
Investors started experiencing more caution and fear by late 2021 as the beginning of 2022 approached. There was no shortage of evidence pointing to a potential downturn, with prices continuing to fall from their all-time high in early 2020. The market is becoming volatile, and you must consider new factors when investing. Instead of looking at stocks with the highest momentum, focus on the top stocks to buy with staying power. There are a lot of factors to consider when picking the right stocks to invest in. The most important factor is to pick stocks that are growing and have a high return on investment. The top stocks to buy are those with strong fundamentals and a high return on investment. There is no stock out there that has all these features. However, it will be easier for investors as they can pick one stock that has the best combination of these features. 7 Butchered Tech Stocks to Buy and Hold Investors should consider changing their portfolios in the second half of the year.
The trading price of United States Steel Corporation (NYSE:X) floating lower at last check on Wednesday, June 22, closing at $19.34, -1.33% lower than its previous close. >> 5 Best Growth Stocks for 2022 << >> 5 Best Growth Stocks for 2022 << Traders who pay close attention to intraday price movement should know that … United States Steel Corporation (NYSE: X) Down -17.68% This Year: What To Expect Next Read More »
United States Steel Corporation (NYSE: X ) provides 2Q22 guidance ; It expects adjusted EBITDA of ~$1.6 billion. The company expects adjusted net earnings per diluted share of $3.83 to $3.88, versus a consensus of $3.20. United Steels'' balance sheet remains strong with an overfunded pension plan and no significant … Full story available on Benzinga.com
Today I’m looking at low-tech companies that are ideal for value investors. These low-tech companies include manufacturing, milling and equipment-making firms that now have inexpensive valuation metrics. Right now their stock prices all reflect the possibility of a recession. That makes the valuations of these tech stocks inexpensive. Moreover, they all pay dividends to their shareholders. This allows the shareholders to be patient until the underlying value of the company’s fundamentals emerges in the stock price. It helps investors to be patient until the company’s stock price rises to close to its target underlying value. This list includes two steel companies, two equipment makers, a farm machinery manufacturer and a diesel/natural gas engine maker. They are facing potentially declining orders in some cases, and not in others. But all have low multiples of earnings and cash flow. 7 Tempting Tech Stocks to Pull the Trigger on Now Let’s dive in and look at these low-tech stocks. CAT Caterpillar $206 X U.S.
These six stocks will be the first to rebound from the coming recession. In fact, we are probably already in a recession now, but that won’t be known until sometime in July. In any case, these rebound stocks will be the ones investors flock to first as it becomes clear that economic growth is returning. These are high-quality companies, with good earnings prospects, brand names, and dividends that their earnings can more than cover their dividends. 7 Unstoppable Stocks to Own in 2022 Let’s dive in and look at these stocks. MSFT Microsoft $248.65 GOOG , GOOGL Alphabet $2,194.8 KO Coca Cola $59.35 X United States Steel Corp $20.51 LYB LyondellBasell Industries $97.15 NECB Northeast Community Bancorp $11.19 Microsoft (MSFT) Source: Asif Islam / Shutterstock.com Market Cap: $1.861 trillion This $1.86 trillion market capitalization stock has strong brand name qualities and very powerful cash flow. The fact is every computer tends to use either Windows, its Edge browser, Office software, and/or its Azure cloud platform offerings.
Wednesday''s top analyst upgrades and downgrades included Accenture, Bridgebio Pharma, Chesapeake Energy, eBay, Hewlett Packard Enterprise, Huntsman, New York Community Bancorp, Nucor, Oracle, PBF Energy, Phillips 66, United States Steel and Valero Energy.
We have chosen six stocks that have price-to-earnings (P/E) significantly lower than 1ox that investors must not overlook now. The reason is that low P/E stocks, especially those at extremes, often tend to have a rebound in the stock price. One metric that we looked for in this list is those that have low forward P/E multiples that are significantly lower than their 5-year historical average. These stocks tend to rebound to their mean P/E multiple. Often cyclical stocks can have very low P/E ratios. That is because the market discounts cyclical stocks like steel companies and home builders right away, even before a recession hits. Growth stocks tend to get hit later as investors are less willing to admit that growth is faltering. Non-cyclical low P/E stocks often have some temporary problem that makes them good investments over the long term. Or they could simply be in a hated industry like tobacco or gaming (somehow liquor stocks, in the “sin” category get overlooked for low P/Es). 7 Cheap Growth Stocks That Won''t Stay That Way for Long Let’s dive in and look at these stocks.
PITTSBURGH--(BUSINESS WIRE)---- $X #ussteel--United States Steel Corporation (NYSE: X) (U. S. Steel or company) today announced changes to two asset-based credit facilities that reward performance for meeting sustainability targets. This is part of the ongoing execution of the companys Best for All strategy of creating profitable solutions for sustainable steelmaking. At the companys request, its $2 billion asset-based revolving credit facility (the ABL) has been amended to include an increase or decr
Ardelyx, Inc. (NASDAQ:ARDX) with the stream of -3.73% also noticed, India United States Steel Corporation (NYSE:X) encountered a rapid change of 4.94% in the last hour of Wednesdays trading session. The post An Eye on Data: Ardelyx, Inc. (NASDAQ:ARDX), United States Steel Corporation (NYSE:X) appeared first on Stocks Equity .
Luokung Technology Corp. (NASDAQ:LKCO) with the stream of -5.92% also noticed, India United States Steel Corporation (NYSE:X) encountered a rapid change of -5.65% in the last hour of Fridays trading The post Undertaking Stock: Luokung Technology Corp. (NASDAQ:LKCO), United States Steel Corporation (NYSE:X) appeared first on Stocks Equity .
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Stocks Analysis by Zacks Investment Research covering: JPMorgan Chase & Co, Marathon Oil Corporation, United States Steel Corporation, Olin Corporation. Read Zacks Investment Research''s latest article on Investing.com