On Friday, United States Steel Corp (NYSE: X) opened lower -1.51% from the last session, before settling in for the closing price of $36.38. Price fluctuations for X have ranged from $26.92 to $50.20 over the past 52 weeks.
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During the last 5-year period, the sales growth of Basic Materials Sector giant was 13.03%. Company’s average yearly earnings per share was noted -50.48% at the time writing. With a float of $222.34 million, this company’s outstanding shares have now reached $223.67 million.
Let’s determine the extent of company efficiency that accounts for 21803 employees. In terms of profitability, gross margin is 8.07%, operating margin of 1.26%, and the pretax margin is 2.4%.
United States Steel Corp (X) Insider Activity
A key investor’s attitude towards the stock of the Steel industry is another important factor to consider. The insider ownership of United States Steel Corp is 1.26%, while institutional ownership is 86.75%. The most recent insider transaction that took place on Sep 18 ’24, was worth 131,250. Before that another transaction happened on Dec 18 ’23, when Company’s Pres. & CEO sold 252,458 for $50.01, making the entire transaction worth $12,626,182. This insider now owns 581,609 shares in total.
United States Steel Corp (X) Earnings and Forecasts
If we go through the results of last quarter, which was made public on 9/30/2024, the company posted 0.67 earnings per share (EPS) for the quarter, besting the agreed prediction (set at 0.27) by 0.4. Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.37 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -50.48% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 8.00% during the next five years compared to -10.66% drop over the previous five years of trading.
United States Steel Corp (NYSE: X) Trading Performance Indicators
Check out the current performance indicators for United States Steel Corp (X). In the past quarter, the stock posted a quick ratio of 1.08. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.49.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.53, a number that is poised to hit 0.26 in the next quarter and is forecasted to reach 2.76 in one year’s time.
Technical Analysis of United States Steel Corp (X)
Looking closely at United States Steel Corp (NYSE: X), its last 5-days average volume was 6.44 million, which is a jump from its year-to-date volume of 4.44 million. As of the previous 9 days, the stock’s Stochastic %D was 9.42%. Additionally, its Average True Range was 1.58.
During the past 100 days, United States Steel Corp’s (X) raw stochastic average was set at 54.24%, which indicates a significant increase from 9.18% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 49.22% in the past 14 days, which was lower than the 49.80% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $37.31, while its 200-day Moving Average is $39.34. However, in the short run, United States Steel Corp’s stock first resistance to watch stands at $37.50. Second resistance stands at $39.16. The third major resistance level sits at $40.38. If the price goes on to break the first support level at $34.62, it is likely to go to the next support level at $33.40. Should the price break the second support level, the third support level stands at $31.74.
United States Steel Corp (NYSE: X) Key Stats
There are currently 225,171K shares outstanding in the company with a market cap of 7.95 billion. Presently, the company’s annual sales total 18,053 M according to its annual income of 895,000 K. Last quarter, the company’s sales amounted to 3,853 M and its income totaled 119,000 K.
