Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.
After finishing at $33.30 in the prior trading day, United States Steel Corp (NYSE: X) closed at $32.78, down -1.56%. In other words, the price has decreased by -$1.56 from its previous closing price. On the day, 6.21 million shares were traded. X stock price reached its highest trading level at $33.45 during the session, while it also had its lowest trading level at $32.0268.
Ratios:
Our goal is to gain a better understanding of X by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.08 and its Current Ratio is at 1.67. In the meantime, Its Debt-to-Equity ratio is 0.37 whereas as Long-Term Debt/Eq ratio is at 0.36.
On September 09, 2024, JP Morgan Upgraded its rating to Overweight which previously was Neutral and also upped its target price recommendation from $40 to $42.
Exane BNP Paribas Upgraded its Neutral to Outperform on September 06, 2024, while the target price for the stock was maintained at $40.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, X now has a Market Capitalization of 7381105152 and an Enterprise Value of 10021103616. As of this moment, United’s Price-to-Earnings (P/E) ratio for their current fiscal year is 21.44, and their Forward P/E ratio for the next fiscal year is 14.23. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.68. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.45 while its Price-to-Book (P/B) ratio in mrq is 0.64. Its current Enterprise Value per Revenue stands at 0.616 whereas that against EBITDA is 8.095.
Stock Price History:
Over the past 52 weeks, X has reached a high of $48.85, while it has fallen to a 52-week low of $26.92. The 50-Day Moving Average of the stock is -10.11%, while the 200-Day Moving Average is calculated to be -12.91%.
Shares Statistics:
The stock has traded on average 5.76M shares per day over the past 3-months and 10174100 shares per day over the last 10 days, according to various share statistics. A total of 225.17M shares are outstanding, with a floating share count of 222.34M. Insiders hold about 1.25% of the company’s shares, while institutions hold 86.82% stake in the company. Shares short for X as of 1734048000 were 17582202 with a Short Ratio of 3.05, compared to 1731628800 on 17470914. Therefore, it implies a Short% of Shares Outstanding of 17582202 and a Short% of Float of 7.870000000000001.
Dividends & Splits
In the trailing 12 months, X’s forward annual dividend rate was 0.2, compared to 0.20 this year. Against a Trailing Annual Dividend Yield of 0.006006006The stock’s 5-year Average Dividend Yield is 0.71.
