|Bid||39.56 x 200|
|Ask||40.89 x 200|
|Day's Range||38.34 - 40.60|
|52 Week Range||18.55 - 41.83|
|PE Ratio (TTM)||57.23|
|Earnings Date||Jan 31, 2018|
|Forward Dividend & Yield||0.20 (0.51%)|
|1y Target Est||41.15|
PITTSBURGH, Jan. 23, 2018-- Today, United States Steel Corporation issued the following statement regarding President Trump's decision to impose tariffs on imported washing machines and solar panels, following ...
Nucor (NUE) has one of the healthiest balance sheets in the steel industry (MT) and is the only US-based steel producer to carry an investment-grade credit rating. Along with inorganic growth, Nucor also announced some organic growth projects.
Analysts polled by Thomson Reuters expect Nucor (NUE) to post adjusted EBITDA of $540.0 million in 4Q17. Let’s see what analysts are projecting for Nucor’s bottom line. Nucor is expected to post EPS (earnings per share) of $0.58 in 4Q17.
Nucor (NUE), the leading US-based steel producer (XME), is expected to release its 4Q17 earnings on January 30. U.S. Steel Corporation’s (X) earnings release is scheduled for January 31, and ArcelorMittal (MT) is slated to release its 4Q17 financial results on February 10. Let’s begin by looking at Nucor’s 4Q17 revenue estimates.
ArcelorMittal (MT), the world’s largest steel producer, outperformed its US-based peers including U.S. Steel Corporation (X) and AK Steel (AKS) last year. Based on the closing prices on January 17, ArcelorMittal has gained 13.5% year-to-date. ArcelorMittal (MT) has a “buy” or higher rating from 16 analysts.
Wall Street analysts are estimating that Cleveland-Cliffs (CLF) will generate revenues of $2.3 billion in 2017 and $607.5 million in 4Q17. While the revenues for the full year reflect growth of 11% year-over-year (or YoY) on overall higher volumes and higher received prices, the revenues for the fourth quarter imply a drop of 19.4% YoY. The volumes for the Asia-Pacific division, on the other hand, are expected to be flat YoY at 11.5 million tons.
An environmental group is suing U.S. Steel, alleging that one of the company's northwestern Indiana plants has repeatedly violated its wastewater permit with illegal discharges. The federal lawsuit filed ...
Realized prices also help assess the market sentiment, as they are derived from existing market prices. Cleveland-Cliffs’ (CLF) realized prices came in at $90.5 per ton in 3Q17 on average, which reflects a fall of $6.0 per ton sequentially but a rise of $17.0 per ton year-over-year (or YoY).
Cleveland-Cliffs (CLF) achieved US volumes of ~5.9 million tons in 3Q17, an increase of 11% year-over-year (or YoY). While the company achieved strong volume growth in 3Q17, its outlook for 4Q17 was weaker.
Below are five stocks to watch according to VantagePoint , a platform that uses artificial intelligence and intermarket analysis to predict price movement. Today the focus is on steel stocks, which have ...