Rosenblatt Raises Price Target on U.S. Steel (X) to $35; Reiterates Buy
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Argus Upgrades US Steel (X) to Buy
July 28, 2016 8:50 AM EDTArgus upgraded US Steel (NYSE: X) from Hold to Buy with a price target of $30.00.
The analyst expect U.S. Steel to benefit from margin improvement, new tariffs on imported steel, and a stable to falling dollar, and to return to profitability... More
BofA/Merrill Lynch Downgrades US Steel (X) to Underperform
July 28, 2016 6:50 AM EDTBofA/Merrill Lynch downgraded US Steel (NYSE: X) from Neutral to Underperform with a price target of $21.00.
For an analyst ratings summary and ratings history on US Steel click here. For more ratings news on US Steel click here.
Shares of US Steel closed at $25.49 yesterday.
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July 27, 2016 9:26 AM EDTToday's Pre-Open Stock Movers
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U.S. Steel (X) Declares $0.05 Quarterly Dividend; 0.9% Yield
July 26, 2016 5:05 PM EDTU.S. Steel (NYSE: X) declared a quarterly dividend of $0.05 per share, or $0.2 annualized.
The dividend will be payable on September 10, 2016, to stockholders of record on August 10, 2016, with an ex-dividend date of August 8, 2016.
The annual yield on the dividend is 0.9... More
U.S. Steel (X) Tops Q2 EPS by 18c, Offers Outlook
July 26, 2016 4:57 PM EDTU.S. Steel (NYSE: X) reported Q2 EPS of ($0.31), $0.18 better than the analyst estimate of ($0.49). Revenue for the quarter came in at $2.58 million versus the consensus estimate of $2.67 million.
GUIDANCE:
U.S. Steel sees FY2016 EPS of $0.34, may not compare the consensus of ($1.83).
2016 Outlook
Commenting on U. S. Steel's outlook for 2016, Longhi said, "The significant improvements we have made to our earnings power through our Carnegie Way transformation will become more apparent as market prices recover... More
