In the quest to outshine the broader market, stock pickers diligently seek out stocks with the potential for superior performance. Making the right choices can significantly elevate your wealth.
United States Steel Corp (NYSE: X) closed the day trading at $42.98 up 0.05% from the previous closing price of $42.96. In other words, the price has increased by $0.05 from its previous closing price. On the day, 3.7 million shares were traded. X stock price reached its highest trading level at $43.44 during the session, while it also had its lowest trading level at $42.43.
Ratios:
For a better understanding of X, let’s look at its different ratios. 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:
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 9730886656 and an Enterprise Value of 12657806336. As of this moment, United’s Price-to-Earnings (P/E) ratio for their current fiscal year is 28.81, and their Forward P/E ratio for the next fiscal year is 12.93. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.84. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.62 while its Price-to-Book (P/B) ratio in mrq is 0.85. Its current Enterprise Value per Revenue stands at 0.809 whereas that against EBITDA is 10.548.
Stock Price History:
The Beta on a monthly basis for X is 1.82, which has changed by 0.027492285 over the last 52 weeks, in comparison to a change of 0.08572841 over the same period for the S&P500. Over the past 52 weeks, X has reached a high of $43.61, while it has fallen to a 52-week low of $26.92. The 50-Day Moving Average of the stock is 12.18%, while the 200-Day Moving Average is calculated to be 14.61%.
Shares Statistics:
Over the past 3-months, X traded about 6.94M shares per day on average, while over the past 10 days, X traded about 6085880 shares per day. 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 90.42% stake in the company. Shares short for X as of 1741910400 were 16449109 with a Short Ratio of 2.37, 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
X’s forward annual dividend rate is 0.20, up from 0.2 a year ago. Against a Trailing Annual Dividend Yield of 0.0046554934The stock’s 5-year Average Dividend Yield is 0.65.
