Looking at top Wall Street opinions, United States Steel Corporation (NYSE: X) has recently made its way into the research list of BofA/Merrill – signaling that their analyst’s rating adjustment is noteworthy. This stock was downgraded to a rating of Underperform in the eyes of BofA/Merrill, whereas its previous rating was Buy in the eyes of BofA/Merrill, as reported on Thursday, April 11th, 2019. Another heavy-hitting research note was published by Credit Suisse on Tuesday April 9th, 2019, with this firm downgrading X to an updated rating of Underperform from its previous rating of Neutral. In the past six months and three months of trading, shares of United States Steel Corporation (X) have moved by -41.44% and -16.99%, respectively.
Brokerage Updates Related to United States Steel Corporation (X) Stock
This publicly-traded organization generated losses of -5.68% over the last 5 sessions. Right now, this stock is the subject of 17 analysts’ evaluations, who – on average – have given this company’s shares a Buy rating. Of the latest market expert opinions, 2 have given an underperform rating, 0 has given a sell rating, and 2 have given a rating of Buy or better. Based on the 17 stock market experts following this company, the average 12-month price target is $24.71. Moreover, individual price targets range between $13.00-$33.00. With its recent move to $22.00, we can see that these firms project this stock will loss by -53.12% in one year.
Updates from United States Steel Corporation (X) SEC Form 4
This particular company’s shares have garnered a lot of attention in recent days, as insiders are unloading their holdings while having generated a 1.00% rise since the beginning of the calendar year. A EVP & Chief Financial Officer at United States Steel Corporation (X) bought some of its shares in a transaction that was finalized on Feb 15. Similarly, Bradley Kevin bought 10,000 shares of the organization’s stock at $20.33 apiece and racked up $203,250 in earnings from the purchase. Now, Bradley Kevin holds 112,830 shares of the company following the exchange. A Sr. VP – European Solutions of the organization named Bruno James E., was engaged in a transaction that occurred on Nov 20 that managed to be worth $308,940 from the sale of 12,000 common shares at a price of $25.75 per individual share.
United States Steel Corporation (NYSE:X) Results in the Pipeline
The next scheduled release of financial results for United States Steel Corporation will be for the Dec-18 quarter. As it stands right now, market analysts are anticipating the per-share earnings for the three-month period will be $1.84. In the same vein, they expect sales for the quarter to amount to $3,744.36 million.
Now let’s turn to earnings surprise history: in the most recent quarter, the company reported about $3,691.00 million in revenue alongside EPS at $1.82. On average, the analyst projection was calling for $3,729.00 million with $1.79 per share in earnings, respectively. In the preceding quarter, this company’s revenue reached $3,609.00 million, with earnings per share ending up at $1.46.
Ascena Retail Group, Inc. (NASDAQ:ASNA) experienced a gain of 1.29% from the closing price in the previous trading day. That boost the price to $1.17 per share, as observed on December 31st, 1969, at a time when the total trading volume reached 2,613,650 shares of stock – compared to the typical average of 3.47M shares per day (as recorded over the past three months). The consensus estimate for these shares has been shifted to $1.83.
Pricing Indications for Ascena Retail Group, Inc. (ASNA)
This organization has had a price-to-earnings ratio of in the last year. Meanwhile, it gained 1.71 from its observable 50-day simple moving average. Right at this moment, the per-share value is -63.34% lower than the mean per-share price over the last 200 days in the market.
Ascena Retail Group, Inc. (NASDAQ:ASNA) In-Depth Brokerage Insights
We can see that a number of brokerage firms are putting their focus onto this stock. Out of this group, 0 have a sell rating, 0 have a Buy rating, 0 have an outperform rating, while 5 provided a Hold rating for these shares – thanks to data from Thomson Reuters I/B/E/S. Additionally, 0 have recommended that these shares are an Underperforming investment. The current consensus recommendation is at , based on information from Thomson Reuters.
ASNA Stock Value Potential
In trading activity as of late, this stock’s value was 3.19 up from its 200 day moving average, while also -32.30% down when compared against its 50-day simple moving average. Over the course of the past year of trading, the share price stuck in the range of $1.00-$2.50. The market value for the entire organization reached 216.69M. In the last trading session, the price ended the day at $1.16. The institutional holdings related to this organization account for 6.50%, and the Beta factor is now 1.35. This company’s RSI (Relative Strength Index) managed to hit 39.23.
Ascena Retail Group, Inc. (NASDAQ:ASNA) Analyst Points of Focus
Ascena Retail Group, Inc. (ASNA) has found itself inside of Citigroup’s research list, so their analyst rating adjustment is worth taking note of. This stock was upgraded to Neutral, compared to its previous rating of Sell by Citigroup, as garnered from a news report on Wednesday April 3rd, 2019. An additional helpful research note was sent out by Telsey Advisory Group’s on Tuesday December 11th, 2018. The brokerage decided to reiterated ASNA to Market Perform.