|Bid||11.11 x 4000|
|Ask||11.12 x 4000|
|Day's Range||11.03 - 11.30|
|52 Week Range||6.40 - 13.10|
|Beta (3Y Monthly)||2.80|
|PE Ratio (TTM)||3.02|
|Earnings Date||Jan 23, 2019 - Jan 28, 2019|
|Forward Dividend & Yield||0.05 (0.44%)|
|1y Target Est||12.97|
US Steel Companies Are Making Hay while the Sun Shines(Continued from Prior Part)U.S. Steel Earlier this month, U.S. Steel Corporation (X) announced that it was restarting the construction of its EAF (electric arc furnace) in Fairfield. The
US Steel Companies Are Making Hay while the Sun Shines(Continued from Prior Part)U.S. Steel In the previous article, we looked at steel companies’ 2018 operating cash flows. In this article, we’ll do a comparative analysis of their 2018 free cash
US Steel Companies Are Making Hay while the Sun ShinesUS steel companies Last year was quite a happening one for US steel companies (CLF) (SPY). In March, US President Donald Trump imposed a 25% tariff on US steel imports, fulfilling his electoral
The market is off to one of its strongest starts in decades. And although 2019 got rolling with an advantage - coming off the worst December performance in ages - the rally doesn't look terribly strained just yet.Even more surprising are some of the names leading the charge. High-profile stocks, such as the FANG tech companies, have enjoyed solid gains. But some of the biggest winners are names that have fallen off many investors' radars, or were never on them to begin with.What's more heartening is that many of these new uptrends seem built to last for all the right reasons - they're either regaining relevancy, growing the bottom line or both.Here's a look at 10 of the markets most surprising large- and mid-cap stock winners so far in 2019. Their underlying stories are taking a turn for the better, at least in investors' eyes, and all of them merit a closer look, if only for a mental note to reference at a later date. SEE ALSO: 19 Best Stocks to Buy for 2019 (And 5 to Sell)
US-China Trade Deficit Narrows: Will It Please Trump?(Continued from Prior Part)Chinese steel exportsChina is the world’s largest steel exporter. Globally, several steel companies blame higher Chinese steel exports for their woes. However, Chinese
Steel Companies’ Q4 Earnings: Gains and Losses(Continued from Prior Part)US steel stocks As we discussed previously, Nucor (NUE) and Steel Dynamics (STLD) reported record earnings last year. AK Steel (AKS) and U.S. Steel (X) also posted a yearly
Q4 Earnings: Why Cleveland-Cliffs’ Upside Could Be Far from Over(Continued from Prior Part)Significant turnaround Since the new management took over Cleveland-Cliffs (CLF) in August 2014, the company has turned around for the better. The debt
Steel Companies’ Q4 Earnings: Gains and Losses(Continued from Prior Part)Global slowdown Previously in this series, we discussed steel companies’ fourth-quarter shipments and 2019 guidance. In this part, we’ll discuss steel
Steel Companies’ Q4 Earnings: Gains and Losses(Continued from Prior Part)Average selling prices In the previous part, we discussed that steel companies including U.S. Steel (X), Nucor (NUE), and Steel Dynamics (STLD) reported sequentially lower ASP
Inc. on Tuesday named a new chief financial officer, nabbing the finance chief of metals service center Metals USA Holdings Corp. , who is leaving the Ohio-based mining company after two years in the CFO role. Mr. Koci was most recently finance chief at Metals USA Holdings, a role he has held since 2013.
Cleveland-Cliffs has already contracted all of its production for 2019 and expects high margins thanks to Vale's decision to cut production for safety inspections.
Cleveland-Cliffs Inc. (CLF) announced today that Keith A. Koci has been appointed Executive Vice President, Chief Financial Officer of the company, effective immediately. Mr. Koci replaces Timothy K. Flanagan, who will be leaving the company, effective immediately. Mr. Koci joins Cliffs from Metals USA Holdings Corp., where he served most recently as its Senior Vice President and Chief Financial Officer.
Cleveland-Cliffs' (CLF) Q4 results gain from higher steel pricing and pellet premiums. However, adjusted earnings missed the consensus mark.
Steel Companies’ Q4 Earnings: Gains and Losses(Continued from Prior Part)Shipments Steel companies’ revenues are a function of average steel prices and shipments. In this part, we’ll compare steel companies’ fourth-quarter shipments.
Steel Companies’ Q4 Earnings: Gains and LossesSteel companies’ fourth-quarter earningsWe’re getting towards the end of the fourth-quarter earnings season. All of the leading US steel producers have released their quarterly earnings. Steel
Q4 Earnings: Why Cleveland-Cliffs’ Upside Could Be Far from Over(Continued from Prior Part)HBI plantAfter Cleveland-Cliffs’s (CLF) debt repayment concerns were taken care of, it started refocusing on growth. It is currently in the process of
Q4 Earnings: Why Cleveland-Cliffs’ Upside Could Be Far from Over(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 state of Minas Gerais in Brazil (EWZ)
Q4 Earnings: Why Cleveland-Cliffs’ Upside Could Be Far from Over(Continued from Prior Part)Realized prices for mining and pelletizing Cleveland-Cliffs’ (CLF) Mining and Pelletizing (or M&P) segment’s realized revenues are influenced by
Q4 Earnings: Why Cleveland-Cliffs’ Upside Could Be Far from Over(Continued from Prior Part)Mining and Pelletizing Cleveland-Cliffs (CLF) renamed its US iron ore division the “Mining and Pelletizing” (or M&P) division, and the HBI
U.S. Steel Gives Trump Another Reason to Showcase TariffsU.S. SteelOn February 11, U.S. Steel (X), the once iconic US steel producer (SPY) (XME), announced the restart of the construction of the EAF (electric arc furnace) in Fairfield. The
Q4 Earnings: Why Cleveland-Cliffs’ Upside Could Be Far from Over(Continued from Prior Part)Impressive rise in revenuesCleveland-Cliffs’ (CLF) fourth-quarter revenues of $696 million imply an increase of 36% YoY. Analysts expected revenues of
Analysts Still Hate Steel Stocks despite Bumper Earnings(Continued from Prior Part)AK Steel AK Steel (AKS) has received a “buy” rating from two analysts, while 11 analysts have rated it as a “hold” or some equivalent. The remaining three
Shares in mining company Cleveland-Cliffs Inc has benefited from troubles at rival Vale SA after three of Vale's dams ruptured at an iron-ore mine in Brazil last month, Barron's financial newspaper said in its latest edition. The incident marked Vale's second deadly accident in the region in three years, leading the company to suspend dividend payments, Barron's said. Further, a court ordered Vale to stop work at its Brucutu mine and its license to operate at the property was revoked.