During the last three months, 4 analysts shared their evaluations of United States Steel X, revealing diverse outlooks from bullish to bearish.
The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective.
Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
---|---|---|---|---|---|
Total Ratings | 1 | 2 | 1 | 0 | 0 |
Last 30D | 0 | 1 | 0 | 0 | 0 |
1M Ago | 0 | 0 | 1 | 0 | 0 |
2M Ago | 0 | 1 | 0 | 0 | 0 |
3M Ago | 1 | 0 | 0 | 0 | 0 |
In the assessment of 12-month price targets, analysts unveil insights for United States Steel, presenting an average target of $44.75, a high estimate of $49.00, and a low estimate of $40.00. This current average has increased by 0.18% from the previous average price target of $44.67.
Exploring Analyst Ratings: An In-Depth Overview
The standing of United States Steel among financial experts is revealed through an in-depth exploration of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
---|---|---|---|---|---|
Carlos De Alba | Morgan Stanley | Raises | Overweight | $49.00 | $48.00 |
Bill Peterson | JP Morgan | Lowers | Neutral | $40.00 | $43.00 |
Katja Jancic | BMO Capital | Raises | Outperform | $45.00 | $43.00 |
Christopher LeFemina | Jefferies | Announces | Buy | $45.00 | - |
Key Insights:
- Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to United States Steel. This information provides a snapshot of how analysts perceive the current state of the company.
- Rating: Unveiling insights, analysts deliver qualitative insights into stock performance, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of United States Steel compared to the broader market.
- Price Targets: Analysts gauge the dynamics of price targets, providing estimates for the future value of United States Steel's stock. This comparison reveals trends in analysts' expectations over time.
Analyzing these analyst evaluations alongside relevant financial metrics can provide a comprehensive view of United States Steel's market position. Stay informed and make data-driven decisions with the assistance of our Ratings Table.
Stay up to date on United States Steel analyst ratings.
Discovering United States Steel: A Closer Look
United States Steel Corp operates primarily in the United States but also has a steelmaking capacity in Slovakia. The company's operating segments include North American Flat-Rolled (Flat-Rolled), Mini Mill, U. S. Steel Europe (USSE), and Tubular Products (Tubular). The Flat-Rolled segment includes U. S. Steel's integrated steel plants and equity investees in North America involved in the production of slabs, strip mill plates, sheets, and tin mill products, as well as all iron ore and coke production facilities in the United States. It primarily serves North American customers in the service center, conversion, transportation, construction, container, and appliance, and electrical markets.
Financial Insights: United States Steel
Market Capitalization Analysis: Above industry benchmarks, the company's market capitalization emphasizes a noteworthy size, indicative of a strong market presence.
Decline in Revenue: Over the 3 months period, United States Steel faced challenges, resulting in a decline of approximately -1.01% in revenue growth as of 30 June, 2024. This signifies a reduction in the company's top-line earnings. When compared to others in the Materials sector, the company excelled with a growth rate higher than the average among peers.
Net Margin: United States Steel's net margin is below industry standards, pointing towards difficulties in achieving strong profitability. With a net margin of 4.44%, the company may encounter challenges in effective cost control.
Return on Equity (ROE): United States Steel's ROE lags behind industry averages, suggesting challenges in maximizing returns on equity capital. With an ROE of 1.62%, the company may face hurdles in achieving optimal financial performance.
Return on Assets (ROA): United States Steel's ROA falls below industry averages, indicating challenges in efficiently utilizing assets. With an ROA of 0.9%, the company may face hurdles in generating optimal returns from its assets.
Debt Management: United States Steel's debt-to-equity ratio is below the industry average. With a ratio of 0.38, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.
What Are Analyst Ratings?
Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along withanalyst success scores in Benzinga Pro.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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