The shares of AK Steel Holding Corporation (NYSE:AKS) has been pegged with a rating of Neutral by Longbow in its latest research note that was published on January 30th, 2019. Longbow wasn’t the only research firm that published a report of AK Steel Holding Corporation, with other equities research analysts also giving their opinion on the stock. BofA/Merrill advised investors in its research note published on January 30th, 2019, to Underperform the AKS stock. The stock had earned Neutral rating from Macquarie when it published its report on January 29th, 2019. The stock was given Equal-Weight rating by Morgan Stanley in its report released on January 28th, 2019. Clarksons Platou was of a view that AKS is Neutral in its latest report on January 16th, 2019. Cowen thinks that AKS is worth Market Perform rating. This was contained in the firm’s report on January 9th, 2019 in which the stock’s price target was also moved to $2.50.
Amongst the analysts that rated the stock, 1 have recommended investors to sell it, 11 believe it has the potential for further growth, thus rating it as Hold while 0 advised investors to purchase the stock. The consensus currently stands at a Hold while its average price target is $3.15. The price of the stock the last time has raised by 41.46% from its Week high price while it is raised higher than its 52-Week low price. A look at the stock’s other technical shows that its 14-day RSI now stands at 52.11.
The shares of the company dipped by -0.68% during the trading session on Monday, reaching a low of $2.86 while ending the day at $2.90. During the trading session, a total of 12.83 million shares were traded which represents a -14.31% decline from the average session volume which is 11.22M shares. AKS had ended its last session trading at 2.92. AK Steel Holding Corporation currently has a market cap of $980.84M, while its P/E ratio stands at 5.03, while its P/E earnings growth sits at 0.14, with a beta of 2.86. AK Steel Holding Corporation debt-to-equity ratio currently stands at 0.00, while its quick ratio hovers at 0.80. AKS 52-week low price stands at $2.05 while its 52-week high price is $6.14.
The company in its last quarterly report recorded $0.16 earnings per share which is above the $0.11 predicted by most analysts. The AK Steel Holding Corporation generated $1,677.10 million in revenue during the last quarter, which is slightly lower than the $1,701.49 million predicted by analysts. In the second quarter last year, the firm recorded $0.21 earnings per share. Compared to the same quarter last year, the firm’s revenue was down by -31.25%. AK Steel Holding Corporation has the potential to record 0.58 EPS for the current fiscal year, according to equities analysts.
Investment analysts at Goldman published a research note on February 4th, 2019 where it informed investors and clients that Groupon, Inc. (NASDAQ:GRPN) is now rated as Neutral. Their price target on the stock stands at $3.50. BofA/Merrill also rated GRPN as Downgrade on January 30th, 2019, with its price target of $17 suggesting that GRPN could surge by 11.97% from its current share price. Even though the stock has been trading at $3.60/share, analysts expect it to surge higher by 4.17% to reach $4.26/share. It started the day trading at $3.78 and traded between $3.61 and $3.75 throughout the trading session.
A look at its technical shows that GRPN’s 50-day SMA is 3.40 while its 200-day SMA stands at 3.98. The company’s average trading volume currently stands at 6.69M shares, which means that the short-interest ratio is just 5.15 days. Over the past seven days, the company moved, with its shift of 1.08%. Looking further, the stock has raised 28.64% over the past 90 days while it lost -15.92% over the last six months.
The change in the stock’s fortunes has led to several institutional investors altering their holdings of the stock. PAR Capital Management Inc bought more GRPN shares, increasing its portfolio by +536.69% during the last quarter. This move now sees PAR Capital Management Inc purchasing 37,299,942 shares in the last quarter, thus it now holds 44,249,942 shares of GRPN, with a total valuation of $141,599,814. The Vanguard Group Inc meanwhile bought more GRPN shares in the recently filed quarter, changing its stake to $121,876,950 worth of shares.
Similarly, First Trust Advisors LP decreased its Groupon, Inc. shares by -13.60% during the recently filed quarter. After selling -3,207,525 shares in the last quarter, the firm now controls 20,373,764 shares of Groupon, Inc. which are valued at $65,196,045. In the same vein, P2 Capital Partners LLC increased its Groupon, Inc. shares by during the most recent reported quarter. The firm bought 5,805,700 shares during the quarter which increased its stakes to 18,300,000 shares and is now valued at $58,560,000. Following these latest developments, around 1.00% of Groupon, Inc. stocks are owned by institutional investors and hedge funds.