X - United States Steel Corporation
| Previous Close | 27.18 |
| Open | 27.14 |
| Bid | 27.53 x 800 |
| Ask | 27.54 x 800 |
| Day's Range | 27.18 - 27.75 |
| 52 Week Range | 24.84 - 47.64 |
| Volume | 1,383,122 |
| Avg. Volume | 7,194,689 |
| Market Cap | 4.916B |
| Beta (3Y Monthly) | 4.04 |
| PE Ratio (TTM) | 9.16 |
| EPS (TTM) | 3.03 |
| Earnings Date | Jan 29, 2019 - Feb 4, 2019 |
| Forward Dividend & Yield | 0.20 (0.72%) |
| Ex-Dividend Date | 2018-11-08 |
| 1y Target Est | 39.33 |
Markit•3 hours agoSee what the IHS Markit Score report has to say about United States Steel Corp.
United States Steel Corp NYSE:X
- Reuters•4 hours ago
Trump's steel tariffs create big profits but few new jobs
Nucor Corp, America’s largest steelmaker, planned a new plant in Sedalia, Missouri, long before U.S. President Donald Trump imposed tariffs to protect the industry – and it does not need them to make money. Although the firm helped lead the lobbying push for tariffs on imports, executives say they invested in Sedalia and two other sites to capitalise on an already profitable strategy that doesn't depend on government help. While Trump has played up the narrative of downtrodden steel workers losing jobs to unscrupulous foreign competitors, most of the benefit from his 25 percent tariffs are flowing to the already strong bottom lines of Nucor and other modernized and globally competitive U.S. steel firms, according to interviews with industry executives, experts and a Reuters review of company earnings.
Market Realist•23 hours agoTrade War Came at a Bad Time for China
China’s Slowdown: How Severe Is It This Time? As we noted previously, some of the recent data points from China don’t portray a rosy picture of the world’s second-largest economy. China has been steering its economy away from an investment-driven economy to a consumption-driven economy.
Market Realist•yesterdayHas President Trump Changed China’s Trade Practices?
China has been accused of unfair trade policies. In addition to President Trump, other regions have found fault with China’s trade practices. The European Union and India have blamed China for unfair trade practices.
Market Realist•4 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•4 days ago
Election Over, Market Still Undecided
The big post-election rally on Wednesday has petered out a bit as the week draws to a close. We know the nation is politically divided, and now the market is showing us its split personality as well. We warned investors on Wednesday that this could happen since the election was unlikely to immediately solve the issues of rates, tariffs, President’s Trump’s legal woes, or the slowdown in earnings growth next year. As a result, the major indices are trying to give back their Wednesday gains. ...
Market Realist•4 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•4 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•5 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.
- Investopedia•5 days ago
Buyback Mania: 3 Stocks to Trade
DataTrek estimates that, in the past 12 months, S&P 500 companies have spent $646 billion purchasing their own stock, a 29% increase over the previous year. Companies, on the other hand, may buy back their shares if they believe they're undervalued or to increase earnings per share (EPS), both of which help the stock price rise and attract greater investor interest. "Corporate repurchases remain the largest source of demand for shares," wrote David Kostin, chief U.S. equity strategist at The Goldman Sachs Group, Inc. ( GS), per CNBC.
Market Realist•5 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•5 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•6 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•6 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. ...
Market Realist•6 days agoAnalysts Maintain the Status Quo on Steel Stocks
Now, we’re towards the end of the third-quarter earnings season. Talking of steel stocks, all of the leading US steel producers have released their quarterly earnings. Steel Dynamics was the first major steel company to release its quarterly performance on October 17. Nucor’s (NUE) earnings were released on October 18.
- Simply Wall St.•6 days ago
Which Model Should You Consider When Valuing United States Steel Corporation (NYSE:X)?
Deciding if you should use a relative valuation model over an intrinsic valuation model can be a difficult choice for many investors. For instance, while my relative valuation model tells Read More...
Market Realist•7 days agoWhat to Expect from U.S. Steel Corporation’s Outlook
As we noted in the previous part, U.S. Steel Corporation (X) announced a $300 million share buyback program during the third-quarter earnings release. Notably, life has come a full circle for U.S. Steel Corporation. The company raised cash by selling shares in 2016 to shore up its balance sheet.
Market Realist•7 days agoCan Cleveland Cliffs’ Valuations Catch Up to Its Fundamentals?
In the final article of this series, we’ll look at Cleveland-Cliffs’ (CLF) valuation and compare it to those of its US steel peers (SLX). Among US (SPY) steel stocks (XME), U.S. Steel Corporation (X) and ArcelorMittal (MT) are trading at the lowest forward EV-to-EBITDA multiples of 3.06x and 3.65x, respectively. Cleveland-Cliffs, on the other hand, is trading at the highest multiple of 5.9x.
- Thomson Reuters StreetEvents•7 days ago
Edited Transcript of X earnings conference call or presentation 2-Nov-18 12:30pm GMT
Q3 2018 United States Steel Corp Earnings Call
Market Realist•8 days agoShare Buyback Could Lift U.S. Steel Corporation’s Fortunes
During the third-quarter earnings release, U.S. Steel Corporation (X) announced a $300 million share buyback program. Steel Dynamics (STLD) and Nucor (NUE) also have share buyback programs in place. Cleveland-Cliffs (CLF) reinstated its dividend during its third-quarter earnings release.
Market Realist•8 days agoU.S. Steel Corporation: What Changed after the Tariffs?
U.S. Steel Corporation (X) is trading with a YTD (year-to-date) loss of 20.3% based on its closing prices on November 2. Other steel companies like AK Steel (AKS) and Nucor (NUE) are also trading with YTD losses. Cleveland-Cliffs (CLF) has outperformed US steel producers by a wide margin and gained 48.8%. In this part, we’ll see what changed for U.S. Steel Corporation after President Trump imposed the Section 232 tariffs.
Market Realist•8 days agoU.S. Steel Corporation’s Q3 Earnings: Hits and Misses
U.S. Steel Corporation (X) released its third-quarter earnings on November 1. The company’s steel shipments were 3.94 million tons in the third quarter—similar to the sequential quarter. The company reported shipments of 3.79 tons in the third quarter of 2017. The company’s Flat-Rolled segment reported an average steel selling price of $859 per ton during the quarter—a sequential rise of 4.9%.
- Market Realist•8 days ago
Analyzing U.S. Steel Corporation’s Third-Quarter Earnings
U.S. Steel Corporation (X) released its third-quarter earnings on November 1 after the markets closed. The company held its earnings call the next day. U.S. Steel Corporation’s earnings were in line in its guidance. While Cleveland-Cliffs (CLF) and Nucor’s (NUE) third-quarter earnings were slightly short of analysts’ expectations, AK Steel’s (AKS) earnings fell well short of analysts’ top and bottom-line estimates. The markets also punished the stock after its third-quarter earnings release. ...
Market Realist•8 days agoIs More Correction ahead for US Steel Prices in Q4?
Steel prices are a major driver of steelmakers’ earnings and revenues. Due to the impact of trade tariffs, HRC (hot rolled coil) prices in the United States (SPY) (IVV) have risen in the double digits in contrast to the falls seen elsewhere.
Market Realist•8 days agoCould Rising Interest Rates Dent Steel Demand to CLF’s Detriment?
In the US steel sector, demand for steel drives US steelmakers’ (SLX) revenues. As a result, investors who are interested in Cleveland-Cliffs (CLF) will likely want to track US steel demand.
