Shares of United States Steel Corp. (NYSE:X) have received a consensus recommendation of “Hold” from the twenty-two brokerages that are covering the firm. Five analysts have rated the stock with a sell rating, eleven have issued a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company. The average 1 year target price among analysts that have issued ratings on the stock in the last year is $20.47.

Several brokerages recently commented on X. Vetr cut shares of United States Steel Corp. from a “buy” rating to a “hold” rating and set a $18.76 target price for the company. in a report on Tuesday, June 21st. Zacks Investment Research upgraded shares of United States Steel Corp. from a “hold” rating to a “buy” rating and set a $18.00 target price for the company in a report on Thursday, June 30th. Credit Suisse Group AG restated an “outperform” rating on shares of United States Steel Corp. in a report on Wednesday, July 6th. Deutsche Bank AG upgraded shares of United States Steel Corp. from a “sell” rating to a “hold” rating and increased their target price for the stock from $8.00 to $15.00 in a report on Wednesday, July 6th. Finally, Barclays PLC restated an “equal weight” rating and set a $16.00 target price (up previously from $15.00) on shares of United States Steel Corp. in a report on Tuesday, July 12th.

Institutional investors have recently added to or reduced their stakes in the stock. OMERS ADMINISTRATION Corp increased its stake in United States Steel Corp. by 0.4% in the first quarter. OMERS ADMINISTRATION Corp now owns 25,200 shares of the company’s stock worth $404,000 after buying an additional 100 shares during the last quarter. Cubist Systematic Strategies LLC increased its stake in United States Steel Corp. by 2.0% in the second quarter. Cubist Systematic Strategies LLC now owns 17,267 shares of the company’s stock worth $291,000 after buying an additional 337 shares during the last quarter. State Treasurer State of Michigan increased its stake in United States Steel Corp. by 0.7% in the second quarter. State Treasurer State of Michigan now owns 58,800 shares of the company’s stock worth $991,000 after buying an additional 400 shares during the last quarter. World Asset Management Inc increased its stake in United States Steel Corp. by 5.8% in the second quarter. World Asset Management Inc now owns 10,685 shares of the company’s stock worth $180,000 after buying an additional 590 shares during the last quarter. Finally, Capstone Asset Management Co. increased its stake in United States Steel Corp. by 2.4% in the third quarter. Capstone Asset Management Co. now owns 31,911 shares of the company’s stock worth $602,000 after buying an additional 750 shares during the last quarter. 63.54% of the stock is currently owned by hedge funds and other institutional investors.

United States Steel Corp. (NYSE:X) traded up 7.507% on Wednesday, reaching $18.459. The company had a trading volume of 15,547,661 shares. The firm’s market capitalization is $2.71 billion. United States Steel Corp. has a 52-week low of $6.15 and a 52-week high of $27.64. The stock’s 50-day moving average price is $17.95 and its 200 day moving average price is $18.63.

United States Steel Corp. (NYSE:X) last issued its quarterly earnings data on Tuesday, July 26th. The company reported ($0.31) earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.49) by $0.18. United States Steel Corp. had a negative net margin of 15.09% and a negative return on equity of 20.96%. The company earned $2.58 billion during the quarter, compared to the consensus estimate of $2.68 billion. During the same quarter in the prior year, the firm earned ($0.79) earnings per share. The firm’s revenue was down 10.9% compared to the same quarter last year. On average, equities analysts anticipate that United States Steel Corp. will post ($0.74) earnings per share for the current fiscal year.

United States Steel Corp. Company Profile

United States Steel Corporation (U. S. Steel) is an integrated steel producer. The Company is engaged in producing flat-rolled and tubular products with production operations in North America and Europe. The Company operates through three segments: Flat-Rolled Products (Flat-Rolled), U. S. Steel Europe (USSE) and Tubular Products (Tubular).

5 Day Chart for NYSE:X

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