AKS - AK Steel Holding Corporation
3.50 +0.03 (0.86%)
After hours: 5:21PM EST
| Previous Close | 3.64 |
| Open | 3.58 |
| Bid | 0.00 x 800 |
| Ask | 3.60 x 41800 |
| Day's Range | 3.37 - 3.61 |
| 52 Week Range | 3.37 - 6.80 |
| Volume | 14,082,327 |
| Avg. Volume | 10,498,829 |
| Market Cap | 1.095B |
| Beta (3Y Monthly) | 2.91 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | -0.08 |
| Earnings Date | Jan 28, 2019 - Feb 1, 2019 |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | 2012-05-11 |
| 1y Target Est | 4.83 |
Markit•4 days agoSee what the IHS Markit Score report has to say about AK Steel Holding Corp.
This means that investors who seek to profit from falling equity prices are currently targeting AKS. The rate of decline is very significant relative to the trend shown over the past year, and is accelerating.
- Motley Fool•4 days ago
Why an 11% Drop in This Industry Metric Is Huge News for Steelmakers
Tariffs seem to have the intended effect in the U.S. steel market, which is making life easier for the industry and leading to notable changes.
Market Realist•5 days agoUS Aluminum Producers Have Fallen despite Trump’s Tariffs
Earlier this year, President Trump imposed a 10% tariff on aluminum imports and a 25% tariff on steel imports. The tariffs were imposed under the little-used Section 232 of the Trade Expansion Act of 1962. The Department of Commerce’s investigation found that steel and aluminum imports are a threat to US national security.
Market Realist•5 days agoHow US Steel Companies Have Utilized Their Bumper Earnings
As noted in the previous articles, US steel companies’ earnings have improved this year after Section 232 tariffs lifted US steel prices. In this article, we’ll see what companies are doing with their bumper earnings.
Market Realist•6 days agoHow U.S. Steel’s Free Cash Flows Look This Year
In this part, we’ll discuss steel companies’ third-quarter free cash flows. Free cash flow is operating cash flow minus capital expenditure. U.S. Steel (X) generated free cash flows of $164 million in the third quarter as compared to $219 million in the second quarter and $128 million in the third quarter of 2017.
Markit•6 days agoSee what the IHS Markit Score report has to say about AK Steel Holding Corp.
This means that investors who seek to profit from falling equity prices are currently targeting AKS. The rate of decline is very significant relative to the trend shown over the past year, and is accelerating.
Market Realist•6 days agoSteel Companies Tone Down Expectations after Steel Price Rout
In the previous article, we looked at steel companies’ third-quarter earnings and noted that steel companies posted record or near record earnings in the quarter. In this article, we’ll look at steel companies’ fourth-quarter guidance.
Market Realist•6 days agoIs the Fed Solely to Blame for the Market Sell-Off?
The Fed has raised rates three times in 2018. The Fed appears to be on track to raise rates for the fourth time next month. On multiple occasions, President Trump has spoken against the Fed’s tightening.
Market Realist•6 days agoThanks to Tariffs, US Steel Companies’ Earnings Skyrocket
Higher steel prices have lifted US steel companies’ profitability this year. In this part, we’ll compare steel companies’ third-quarter adjusted EBITDA, which is the preferred profitability metric for steel companies (SPY).
Market Realist•7 days agoWhat Lies Ahead for US Steel Mills after This Year’s Windfall?
US steel prices rose sharply in the first half of 2018 as President Trump’s Section 232 tariffs lifted US steel prices with the benchmark HRC (hot roll coil) prices rising to a decade high. Higher spot steel prices supported US steel companies’ average selling prices (or ASP) in the last two quarters. However, spot steel prices fell last month. Although prices have stabilized after companies like Nucor (NUE) and ArcelorMittal (MT) announced price hikes, they are still below their 2018 highs.
Market Realist•7 days agoSteel Companies’ Selling Prices Spike amid Trump’s Tariffs
Previously in this series, we compared steel companies’ third-quarter shipments. In this part, we’ll look at their ASP (average selling price). The ASP is a key driver of steel companies’ performance and impacts their profitability. We saw a sharp rise in steel companies’ ASP this year after President Trump’s Section 232 tariffs lifted US steel prices (SPY) to multiyear highs.
Market Realist•7 days agoUS Steel Demand: Is the ‘Buyer Strike’ Over?
As noted previously, steel companies like ArcelorMittal (MT), Nucor (NUE), and AK Steel (AKS) reported lower sequential shipments in the third quarter. ArcelorMittal also pointed to “temporary market weakness in the US.” According to Steel Dynamics, “customers took a temporary purchasing hiatus in anticipation of lower transaction prices as scrap pricing dipped a little and imports moderated some.” However, Nucor’s response was a bit more nuanced.
Market Realist•7 days agoWhy Steel Companies’ Q3 Shipment Profile Was Disappointing
Steel companies’ revenues are a function of average steel prices and shipments. In this part, we’ll compare steel companies’ third-quarter shipments.
- American City Business Journals•7 days ago
See where the leaders of Dayton’s largest companies went to school
Note: Click on the above photos to see where’s Dayton’s top leaders went to school. Speedway, part of Findlay-based Marathon Petroleum Corp., has nearly 2,600 local employees at dozens of area locations. Speedway also is poised for additional growth with a massive expansion project it is proposing at its local headquarters. Following Speedway is CareSource with a 2017 revenue of $8.8 billion.
- Market Realist•7 days ago
Subdued Earnings: Most Steel Companies Missed Q3 Estimates
We’re towards the end of the third-quarter earnings season, and all of the leading US steel producers have released their quarterly earnings. Steel Dynamics was the first major steel company to release its quarterly results on October 17. Nucor (NUE) released earnings on October 18.
Markit•8 days agoSee what the IHS Markit Score report has to say about AK Steel Holding Corp.
This means that investors who seek to profit from falling equity prices are currently targeting AKS. The rate of decline is very significant relative to the trend shown over the past year, and is accelerating.
Market Realist•9 days agoHow Downstream Users Are Coping with Trump’s Tariffs
As we noted in the previous part, President Trump’s Section 232 tariffs have lifted US steel prices and boosted steel companies’ earnings. While US steel companies like U.S. Steel Corporation (X) have benefited from higher steel prices, downstream steel users have been crying foul about higher steel and aluminum prices in the United States (SPY).
Market Realist•11 days agoUS Steel Companies Are Upbeat, Analysts Look the Other Way
Steel companies sounded upbeat about the US steel industry’s outlook during their third-quarter earnings calls. While Nucor (NUE), Steel Dynamics (STLD), and U.S. Steel Corporation (X) have announced share buybacks, Cleveland-Cliffs (CLF) has reinstated its dividend. Let’s see what leading steel companies said about the US steel industry’s health.
Market Realist•11 days agoWhy Are US Steel Stocks in a Tight Bear Grip?
As we noted previously, steel stocks like AK Steel (AKS) and ArcelorMittal (MT) are trading with a year-to-date loss. Steel stocks have underperformed broader equity markets (DIA) in 2018 despite President Trump’s Section 232 tariffs. In this part, we’ll discuss the key reasons why bears love steel stocks.
Market Realist•12 days agoMarkets Don’t Like US Steel Stocks despite Trump’s Support
Earlier in 2018, President Trump slapped a 25% tariff on US steel imports and a 10% tariff on aluminum imports. For US steel and iron ore producers like U.S. Steel Corporation (X), AK Steel (AKS), and Cleveland-Cliffs (CLF), the higher level of imports is their greatest challenge. The companies said that the imports are unfairly subsidized by foreign governments.
Market Realist•12 days agoHow to Read China’s October Steel Exports Data
China’s steel and aluminum overcapacity has received flak from its trading partners. Earlier this year, President Trump imposed tariffs on steel and aluminum imports in a bid to protect US manufacturers (DIA). In this part, we’ll discuss China’s October steel exports data in light of US tariffs.
Market Realist•13 days agoWhy Analysts Still Don’t Like U.S. Steel Corporation
U.S. Steel Corporation (X) released its third-quarter earnings on November 1 after the markets closed. The company reported revenues of $3.73 billion in the third quarter—compared to revenues of $3.60 billion in the second quarter and $3.25 billion in the third quarter of 2017.
Market Realist•13 days agoNucor: Analysts Still Favor the Stock after Its Q3 Earnings
Nucor (NUE), the largest US-based steel producer, released its third-quarter earnings on October 18. The company reported revenues of $6.74 billion in the third quarter—compared to $6.46 billion in the second quarter and $5.17 billion in the third quarter of 2017.
Market Realist•13 days agoAK Steel’s Q3 Earnings Didn’t Meet Analysts’ Expectations
AK Steel (AKS) reported its third-quarter earnings on October 25 after the markets closed. The company reported revenues of $1.74 billion in the third quarter—compared to revenues of $1.75 billion in the second quarter and $1.49 billion in the third quarter of 2017. AK Steel reported an adjusted EBITDA of $161 million in the third quarter. In comparison, the company posted an adjusted EBITDA of $148 million in the second quarter and $69 million in the third quarter of 2017.
Market Realist•13 days agoAnalyzing Steel Dynamics’ Third-Quarter Earnings
Steel Dynamics (STLD) released its third-quarter earnings on October 17 and held its earnings call the next day. The company reported revenues of $3.22 billion in the third quarter—compared to $3.09 billion in the second quarter and $2.44 billion in the third quarter of 2017. The company generated an EPS of $1.69 in the third quarter. The company posted an EPS of $1.53 in the second quarter and $0.64 in the third quarter of 2017. Steel Dynamics posted a record adjusted EBITDA and operating income during the third quarter. ...
