A new trading day began on Tuesday, with United States Steel Corp (NYSE: X) stock price down -8.01% from the previous day of trading, before settling in for the closing price of $40.95. X’s price has ranged from $26.92 to $50.20 over the past 52 weeks.
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Basic Materials Sector giant saw their annual sales surged by 13.03% over the last five years. Meanwhile, its annual earnings per share averaged -50.76%. With a float of $222.34 million, this company’s outstanding shares have now reached $225.17 million.
The firm has a total of 21803 workers. Let’s measure their productivity. In terms of profitability, gross margin is 8.0%, operating margin of 1.18%, and the pretax margin is 2.41%.
United States Steel Corp (X) Insider Activity
As we move forward, let’s examine how large-scale investors are investing in this stock of the Steel Industry. The insider ownership of United States Steel Corp is 1.26%, while institutional ownership is 86.79%. 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
In its latest quarterly report, released on 9/30/2024, the company reported earnings of 0.67 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.33 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -50.76% 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
Here are United States Steel Corp’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.08. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.52.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.53, a number that is poised to hit 0.24 in the next quarter and is forecasted to reach 2.79 in one year’s time.
Technical Analysis of United States Steel Corp (X)
Analysing the last 5-days average volume posted by the [United States Steel Corp, X], we can find that recorded value of 4.78 million was better than the volume posted last year of 4.49 million. As of the previous 9 days, the stock’s Stochastic %D was 55.32%. Additionally, its Average True Range was 1.94.
During the past 100 days, United States Steel Corp’s (X) raw stochastic average was set at 65.44%, which indicates a significant increase from 36.72% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 62.19% in the past 14 days, which was higher than the 53.29% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $38.10, while its 200-day Moving Average is $38.98. Now, the first resistance to watch is $38.58. This is followed by the second major resistance level at $39.48. The third major resistance level sits at $40.35. If the price goes on to break the first support level at $36.81, it is likely to go to the next support level at $35.94. Should the price break the second support level, the third support level stands at $35.04.
United States Steel Corp (NYSE: X) Key Stats
With a market capitalization of 8.48 billion, the company has a total of 225,171K Shares Outstanding. Currently, annual sales are 18,053 M while annual income is 895,000 K. The company’s previous quarter sales were 3,853 M while its latest quarter income was 119,000 K.
