Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
The closing price of United States Steel Corp (NYSE: X) was $37.19 for the day, down -0.69% from the previous closing price of $37.45. In other words, the price has decreased by -$0.69 from its previous closing price. On the day, 2.94 million shares were traded.
Ratios:
Our analysis of X’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.91 and its Current Ratio is at 1.55. In the meantime, Its Debt-to-Equity ratio is 0.37 whereas as Long-Term Debt/Eq ratio is at 0.36.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Morgan Stanley on February 03, 2025, Downgraded its rating to Equal-Weight and sets its target price to $39 from $39 previously.
JP Morgan Upgraded its Neutral to Overweight on September 09, 2024, whereas the target price for the stock was revised from $40 to $42.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Sep 18 ’24 when Jaycox Kenneth E bought 3,500 shares for $37.50 per share.
Valuation Measures:
As of this moment, United’s Price-to-Earnings (P/E) ratio for their current fiscal year is 24.92, and their Forward P/E ratio for the next fiscal year is 11.09. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.72. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.54 while its Price-to-Book (P/B) ratio in mrq is 0.74.
Stock Price History:
Over the past 52 weeks, X has reached a high of $48.07, while it has fallen to a 52-week low of $26.92. The 50-Day Moving Average of the stock is 2.90%, while the 200-Day Moving Average is calculated to be -0.31%.
Shares Statistics:
A total of 225.18M shares are outstanding, with a floating share count of 221.37M. Insiders hold about 1.71% of the company’s shares, while institutions hold 91.13% stake in the company.
