In the preceding three months, 4 analysts have released ratings for United States Steel X, presenting a wide array of perspectives from bullish to bearish.
The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months.
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 | 0 | 0 | 0 |
2M Ago | 1 | 1 | 1 | 0 | 0 |
3M Ago | 0 | 0 | 0 | 0 | 0 |
Analysts have set 12-month price targets for United States Steel, revealing an average target of $45.25, a high estimate of $48.00, and a low estimate of $43.00. Experiencing a 3.72% decline, the current average is now lower than the previous average price target of $47.00.
Interpreting Analyst Ratings: A Closer Look
A clear picture of United States Steel's perception among financial experts is painted with a thorough analysis 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 |
---|---|---|---|---|---|
Katja Jancic | BMO Capital | Raises | Outperform | $45.00 | $43.00 |
Christopher LeFemina | Jefferies | Announces | Buy | $45.00 | - |
Carlos De Alba | Morgan Stanley | Lowers | Overweight | $48.00 | $51.00 |
Bill Peterson | JP Morgan | Lowers | Neutral | $43.00 | $47.00 |
Key Insights:
- Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to United States Steel. This offers insight into analysts' perspectives on the current state of the company.
- Rating: Gaining insights, analysts provide qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of United States Steel compared to the broader market.
- Price Targets: Analysts navigate through adjustments in price targets, providing estimates for United States Steel's future value. Comparing current and prior targets offers insights into analysts' evolving expectations.
Navigating through these analyst evaluations alongside other financial indicators can contribute to a holistic understanding of United States Steel's market standing. Stay informed and make data-driven decisions with 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.
United States Steel's Economic Impact: An Analysis
Market Capitalization: Indicating a reduced size compared to industry averages, the company's market capitalization poses unique challenges.
Revenue Challenges: United States Steel's revenue growth over 3 months faced difficulties. As of 31 March, 2024, the company experienced a decline of approximately -6.94%. This indicates a decrease in top-line earnings. When compared to others in the Materials sector, the company faces challenges, achieving a growth rate lower than the average among peers.
Net Margin: United States Steel's net margin falls below industry averages, indicating challenges in achieving strong profitability. With a net margin of 4.11%, the company may face hurdles in effective cost management.
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 1.54%, the company may face hurdles in achieving optimal financial performance.
Return on Assets (ROA): United States Steel's ROA is below industry averages, indicating potential challenges in efficiently utilizing assets. With an ROA of 0.84%, the company may face hurdles in achieving optimal financial returns.
Debt Management: United States Steel's debt-to-equity ratio is below the industry average. With a ratio of 0.39, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.
Analyst Ratings: What Are They?
Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.
In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.
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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