|Bid||9.35 x 4000|
|Ask||9.43 x 3200|
|Day's Range||9.29 - 9.77|
|52 Week Range||7.08 - 13.10|
|Beta (3Y Monthly)||2.59|
|PE Ratio (TTM)||2.53|
|Earnings Date||Apr 25, 2019|
|Forward Dividend & Yield||0.20 (2.00%)|
|1y Target Est||13.07|
Cleveland-Cliffs (CLF) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
How Wall Street Views Steel Stocks ahead of Their Q1 Results(Continued from Prior Part)Nucor’s first-quarter earnings Nucor (NUE) is expected to release its first-quarter earnings results on April 23. The company posted record earnings last year,
How Wall Street Views Steel Stocks ahead of Their Q1 ResultsSteel Dynamics’ first-quarter earningsSteel Dynamics (STLD) has scheduled the release of its first-quarter earnings results for April 22. The company expects its first-quarter EPS to be
Why Analysts Expect Alcoa’s Earnings to Fall Sharply in Q1(Continued from Prior Part)Steel Last year, alumina prices surged to record highs. US sanctions on RUSAL coupled with the closure of Norsk Hydro’s Alunorte refinery lifted alumina prices.
Is the Party Just Getting Started for Iron Ore Miners?(Continued from Prior Part)Credit Suisse As iron ore supply disruptions, at least from Vale (VALE), don’t look likely to go away easily, analysts have started another round of upgrades for iron
Is the Party Just Getting Started for Iron Ore Miners?Iron ore prices touch five-year high Iron ore prices are again touching multiyear highs. According to the Metal Bulletin, the benchmark iron ore prices (62% iron ore content) surged to ~$95.3 per
Cleveland-Cliffs Inc NYSE:CLFView full report here! Summary * ETFs holding this stock are seeing positive inflows * Bearish sentiment is high * Economic output in this company's sector is contracting Bearish sentimentShort interest | NegativeShort interest is extremely high for CLF with more than 20% of shares on loan. This means that investors who seek to profit from falling equity prices are currently targeting CLF. Money flowETF/Index ownership | PositiveETF activity is positive. Over the last month, ETFs holding CLF are favorable, with net inflows of $2.45 billion. Additionally, the rate of inflows is increasing. Economic sentimentPMI by IHS Markit | NegativeAccording to the latest IHS Markit Purchasing Managersâ€™ Index (PMI) data, output in the Basic Materialsis falling. The rate of decline is significant relative to the trend shown over the past year. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to firstname.lastname@example.org.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Key Updates on U.S. Steel’s Clairton Works FacilityU.S. Steel CorporationEarlier this year, U.S. Steel Corporation (X) received an enforcement order from the ACHD (Allegheny County Health Department) about higher emissions from its Clairton Works
Cleveland-Cliffs (CLF) needs investors to pay close attention to the stock based on moves in the options market lately.
Cleveland-Cliffs shares have surged higher this week in reaction to an iron ore rally and could test six-year resistance at $12.50.
US Steel Lagged, Other Steel Stocks Rose in Q1US steel US equity markets had their best first quarter since 1998. Previously, the markets fell sharply in the fourth quarter. The metals and mining space slightly outperformed the S&P 500 in the
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Cleveland-Cliffs Inc. today said it will be announcing first-quarter 2019 financial results before the U.S.-market open on Thursday, April 25, 2019.
There isn't a lot of interest on Wall Street for these out-of-favor stocks, but here's why you should consider them.
Vale’s Q4 Results: Why Analysts' Sentiments Are Trending Down(Continued from Prior Part)Vale’s shift in ratingsVale (VALE) stock has seen a significant shift in ratings since its dam burst in January 2019. Currently, only 37% of the 24 analysts
Why Cleveland-Cliffs Stock Could See More Upside(Continued from Prior Part)Revenue estimates could riseCleveland-Cliffs (CLF) has guided for production and sales volumes of 20 million tons each this year, including 500,000 tons of direct-reduced
Why Cleveland-Cliffs Stock Could See More Upside(Continued from Prior Part)Analyst sentiment Analysts’ views on Cleveland-Cliffs (CLF) have improved, with 58% of the 12 analysts covering the stock recommending “buy.” A year ago, only 30% of
Vale’s Q4 Results: Why Analysts' Sentiments Are Trending Down(Continued from Prior Part)Vale’s iron ore production Vale’s (VALE) iron ore production came in at 101 million tons in the fourth quarter of 2018, an increase of 8.2% YoY
Why Cleveland-Cliffs Stock Could See More Upside(Continued from Prior Part)US steel production Domestic steel production is a major demand driver for Cleveland-Cliffs’ (CLF) iron ore pellets. US steel production has followed an upward trend
Vale’s Q4 Results: Why Analysts' Sentiments Are Trending DownVale’s fourth-quarter resultsVale (VALE) released its fourth-quarter and 2018 results on March 27. In 2018, it reported a net profit of $6.86 billion and EPS of $1.32. Its bottom line
Why Cleveland-Cliffs Stock Could See More Upside(Continued from Prior Part)Vale’s dam burst On January 25, a major disaster struck Vale (VALE) when a dam ruptured at its iron ore mine in the Brazilian (EWZ) state of Minas Gerais. Since then,
Why Cleveland-Cliffs Stock Could See More Upside(Continued from Prior Part)CLF’s long-term contractsMost of Cleveland-Cliffs’ (CLF) tonnage is contracted to steelmakers under long-term contracts, improving visibility and reducing volatility for