Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
The closing price of United States Steel Corp (NYSE: X) was $38.95 for the day, down -8.14% from the previous closing price of $42.40. In other words, the price has decreased by -$8.14 from its previous closing price. On the day, 8.35 million shares were traded. X stock price reached its highest trading level at $41.5 during the session, while it also had its lowest trading level at $38.93.
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.
On February 03, 2025, Morgan Stanley Downgraded its rating to Equal-Weight which previously was Overweight and also upped its target price recommendation from $39 to $39.
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:
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 8818475008 and an Enterprise Value of 11750183936. As of this moment, United’s Price-to-Earnings (P/E) ratio for their current fiscal year is 26.10, and their Forward P/E ratio for the next fiscal year is 11.86. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.67. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.56 while its Price-to-Book (P/B) ratio in mrq is 0.77. Its current Enterprise Value per Revenue stands at 0.751 whereas that against EBITDA is 9.792.
Stock Price History:
The Beta on a monthly basis for X is 1.82, which has changed by -0.05507034 over the last 52 weeks, in comparison to a change of 0.036926866 over the same period for the S&P500. Over the past 52 weeks, X has reached a high of $44.87, while it has fallen to a 52-week low of $26.92. The 50-Day Moving Average of the stock is 0.23%, while the 200-Day Moving Average is calculated to be 3.54%.
Shares Statistics:
X traded an average of 6.97M shares per day over the past three months and 6968420 shares per day over the past ten days. A total of 225.18M shares are outstanding, with a floating share count of 222.61M. Insiders hold about 1.67% of the company’s shares, while institutions hold 90.50% stake in the company. Shares short for X as of 1741910400 were 16449109 with a Short Ratio of 2.36, compared to 1739491200 on 15610214. Therefore, it implies a Short% of Shares Outstanding of 16449109 and a Short% of Float of 7.32.
Dividends & Splits
With its trailing 12-month dividend rate of 0.2, X has a forward annual dividend rate of 0.20. Against a Trailing Annual Dividend Yield of 0.004716981The stock’s 5-year Average Dividend Yield is 0.62.
