For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
In the latest session, Cleveland-Cliffs Inc (NYSE: CLF) closed at $9.42 down -1.15% from its previous closing price of $9.53. In other words, the price has decreased by -$1.15 from its previous closing price. On the day, 21.01 million shares were traded. CLF stock price reached its highest trading level at $9.48 during the session, while it also had its lowest trading level at $9.04.
Ratios:
For a deeper understanding of Cleveland-Cliffs Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.55 and its Current Ratio is at 2.08. In the meantime, Its Debt-to-Equity ratio is 1.17 whereas as Long-Term Debt/Eq ratio is at 1.15.
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 this company, Goldman on December 02, 2024, initiated with a Buy rating and assigned the stock a target price of $16.
On August 27, 2024, Seaport Research Partners Upgraded its rating to Buy which previously was Neutral but kept the price unchanged to $16.50.
JP Morgan Downgraded its Overweight to Neutral on June 11, 2024, whereas the target price for the stock was revised from $23 to $17.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Mar 10 ’25 when BALDWIN JOHN T bought 4,000 shares for $8.70 per share. The transaction valued at 34,800 led to the insider holds 133,227 shares of the business.
Koci Keith bought 9,500 shares of CLF for $102,742 on Feb 28 ’25. The EVP & President, CC Services now owns 543,475 shares after completing the transaction at $10.81 per share. On Feb 28 ’25, another insider, CRONIN JANE M., who serves as the Director of the company, bought 10,000 shares for $10.56 each. As a result, the insider paid 105,606 and bolstered with 24,522 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CLF now has a Market Capitalization of 4658011136 and an Enterprise Value of 12638013440. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.24 while its Price-to-Book (P/B) ratio in mrq is 0.70. Its current Enterprise Value per Revenue stands at 0.659 whereas that against EBITDA is 18.21.
Stock Price History:
The Beta on a monthly basis for CLF is 1.86, which has changed by -0.5606343 over the last 52 weeks, in comparison to a change of 0.086116076 over the same period for the S&P500. Over the past 52 weeks, CLF has reached a high of $22.97, while it has fallen to a 52-week low of $8.50. The 50-Day Moving Average of the stock is -8.87%, while the 200-Day Moving Average is calculated to be -23.72%.
Shares Statistics:
For the past three months, CLF has traded an average of 17.77M shares per day and 23731220 over the past ten days. A total of 493.95M shares are outstanding, with a floating share count of 483.62M. Insiders hold about 2.20% of the company’s shares, while institutions hold 73.31% stake in the company. Shares short for CLF as of 1740700800 were 54239485 with a Short Ratio of 3.05, compared to 1738281600 on 42177662. Therefore, it implies a Short% of Shares Outstanding of 54239485 and a Short% of Float of 14.060001.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0The stock’s 5-year Average Dividend Yield is 4.7. The current Payout Ratio is 0.00% for CLF, which recently paid a dividend on 2020-04-02 with an ex-dividend date of 1585785600. Stock splits for the company last occurred on 2008-05-16 when the company split stock in a 2:1 ratio.
