Somewhat Positive Media Coverage Somewhat Unlikely to Impact United States Steel Corporation (X) Stock Price
Press coverage about United States Steel Corporation (NYSE:X) has been trending somewhat positive this week, according to Accern Sentiment Analysis. The research firm scores the sentiment of media coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. United States Steel Corporation earned a news sentiment score of 0.18 on Accern’s scale. Accern also gave media headlines about the basic materials company an impact score of 45.5291689252548 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
Here are some of the media headlines that may have impacted Accern Sentiment Analysis’s rankings:
- United States Steel Corporation (X) vs. Under Armour, Inc. (UA): Which is the Better Investment? – StockNewsGazette (stocknewsgazette.com)
- United States Steel Corporation (X) noted a price change of -0.89% and Alexco Resource Corp. (AXU) closes with a … – Stocks Gallery (stocksgallery.com)
- What Does Institutional Ownership Look Like At United States Steel Corporation (X)? – Economic News (economicsandmoney.com)
- U.S. Steel Upgrades to Cut Costs and Benefit From the Alloy’s Rising Price (finance.yahoo.com)
- United States Steel Corporation (X) Rating Reiterated by Jefferies Group LLC (americanbankingnews.com)
Several equities analysts have issued reports on the stock. Cowen and Company reaffirmed a “hold” rating and set a $24.00 price objective on shares of United States Steel Corporation in a report on Friday. Jefferies Group LLC reissued a “buy” rating and issued a $32.00 price target on shares of United States Steel Corporation in a research note on Thursday. BidaskClub raised shares of United States Steel Corporation from a “hold” rating to a “buy” rating in a research note on Saturday, August 26th. Barclays PLC reissued an “equal weight” rating and issued a $25.00 price target (up from $24.00) on shares of United States Steel Corporation in a research note on Wednesday, August 9th. Finally, Argus raised their price target on shares of United States Steel Corporation to $1.48 and gave the stock a “buy” rating in a research note on Friday, July 28th. Four investment analysts have rated the stock with a sell rating, nine have issued a hold rating and nine have issued a buy rating to the company. United States Steel Corporation has a consensus rating of “Hold” and a consensus price target of $28.17.
United States Steel Corporation (X) opened at 26.99 on Friday. United States Steel Corporation has a 12-month low of $15.72 and a 12-month high of $41.83. The firm has a market cap of $4.72 billion, a PE ratio of 170.82 and a beta of 2.87. The firm’s 50-day moving average is $24.24 and its 200 day moving average is $26.81.
United States Steel Corporation (NYSE:X) last issued its quarterly earnings data on Tuesday, July 25th. The basic materials company reported $1.07 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.41 by $0.66. United States Steel Corporation had a net margin of 0.24% and a return on equity of 6.50%. The company had revenue of $3.14 billion during the quarter, compared to the consensus estimate of $2.98 billion. During the same quarter last year, the company earned ($0.32) earnings per share. United States Steel Corporation’s revenue for the quarter was up 21.7% on a year-over-year basis. Equities research analysts predict that United States Steel Corporation will post $1.78 EPS for the current year.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 8th. Shareholders of record on Wednesday, August 9th will be given a $0.05 dividend. This represents a $0.20 annualized dividend and a yield of 0.74%. The ex-dividend date of this dividend is Monday, August 7th. United States Steel Corporation’s dividend payout ratio (DPR) is 125.00%.
About United States Steel Corporation
United States Steel Corporation 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).
Receive News & Stock Ratings for United States Steel Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for United States Steel Corporation and related stocks with our FREE daily email newsletter.