What is the stock price for United States Steel?
Historical daily share price chart and data for United States Steel since 1991 adjusted for splits. The latest closing stock price for United States Steel as of November 27, 2019 is 13.93. The all-time high United States Steel stock closing price was 191.96 on June 25, 2008.
What are analysts'price targets for United States Steel's stock?
17 equities research analysts have issued twelve-month price targets for United States Steel's stock. Their predictions range from $6.00 to $35.00. On average, they expect United States Steel's stock price to reach $18.9421 in the next twelve months.
What is the upside for United States Steel's stock?
Their forecasts range from $17.00 to $50.00. On average, they anticipate United States Steel's stock price to reach $29.80 in the next twelve months. This suggests a possible upside of 17.4% from the stock's current price. View analysts' price targets for United States Steel or view top-rated stocks among Wall Street analysts.
What is the United States Steel 52-week low stock price?
The United States Steel 52-week low stock price is 16.16, which is 27.2% below the current share price. The average United States Steel stock price for the last 52 weeks is 23.56.
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Why did US Steel stock drop in 2008?
U.S. steel prices reached all-time highs, and the stocks of companies in the sector climbed, before the industry tumbled with the global economy and ended 2008 with production cuts, layoffs and fears demand will continue to slide.
How many times has US Steel stock split?
According to our United States Steel stock split history records, United States Steel has had 0 splits.
Is US Steel a Buy Sell or Hold?
United States Steel has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 3 buy ratings, 2 hold ratings, and 3 sell ratings.
Is US Steel a strong buy?
Out of 7 analysts, 1 (14.29%) are recommending X as a Strong Buy, 1 (14.29%) are recommending X as a Buy, 3 (42.86%) are recommending X as a Hold, 0 (0%) are recommending X as a Sell, and 2 (28.57%) are recommending X as a Strong Sell. What is X's earnings growth forecast for 2022-2024?
What is the largest steel mill in the world?
In the late 19th and early 20th centuries the world's largest steel mill was the Barrow Hematite Steel Company steelworks located in Barrow-in-Furness, United Kingdom. Today, the world's largest steel mill is in Gwangyang, South Korea.
What is the largest steel mill in the US?
the Gary Works PlantU.S. Steel's largest domestic facility is Gary Works, in Gary, Indiana, on the shore of Lake Michigan. For many years, the Gary Works Plant was the world-largest steel mill and it remains the largest integrated mill in North America. It was built in 1906 and has been operating since June 28, 1908.
How high will U.S. Steel go?
The 9 analysts offering 12-month price forecasts for United States Steel Corp have a median target of 23.00, with a high estimate of 44.00 and a low estimate of 19.00. The median estimate represents a +8.34% increase from the last price of 21.23.
What is the price target for U.S. Steel?
Stock Price Target XHigh$44.00Median$23.00Low$19.00Average$24.77Current Price$23.65
Should I buy steel now?
Summary. U.S. Steel was immensely profitable in 2021 and will most likely have a very strong 2022 as well. Investors will benefit from huge shareholder returns this year, as X cleaned up its balance sheet a lot last year.
Why are U.S. Steel prices so high?
The demand for the steel is soaring, but the demand for iron ore is in decline. A number of factors account for the high prices of steel futures—among them, tariffs imposed by the Trump administration on imported steel, and the pent-up demand in manufacturing after the pandemic.
Why is the steel market down?
The decline was largely due to lower production in China, the largest steel producing country in the world, as well as lower production in Europe. Production in China is expected to decline by around 50 million tonnes.
What is the outlook on steel prices?
Steel price forecast for 2021: Steel prices remain elevated, supply chain disruptions delay price declines to the second half of 2021. Sheet prices continue to strengthen however the pace of the increases has started to decelerate.
Is AA stock a buy?
The financial health and growth prospects of AA, demonstrate its potential to outperform the market. It currently has a Growth Score of A. Recent price changes and earnings estimate revisions indicate this would not be a good stock for momentum investors with a Momentum Score of F.
Why are steel stocks down?
Steel Stocks Are Falling Because Inflation Might Be Too Much of a Good Thing. Steel stocks took it on the chin Tuesday.
Terry L. Dunlap Elected to U. S. Steel Board of Directors
U.S. Steel Stock Strength Rating Ascending Amid Huge Sales, Profit Growth
PITTSBURGH, February 22, 2022--United States Steel Corporation (NYSE: X) ("U. S. Steel") today announced that Terry L. Dunlap has been elected to the company’s Board of Directors.
U.S. Steel CFO to leave post this year
A Relative Strength Rating upgrade for U.S. Steel shows improving technical performance. Will it continue?
When will United States Steel release its earnings?
U.S. Steel Corp. said late Tuesday that Chief Financial Officer Christine S. Breves intends to leave the company this year, after nine years of service. Breves will continue to serve as CFO while the steel maker searches for a permanent replacement, the company said.
What is the ticker symbol for steel?
United States Steel is scheduled to release its next quarterly earnings announcement on Thursday, July 29th 2021. View our earnings forecast for United States Steel.
What is the P/B ratio of United States Steel?
United States Steel trades on the New York Stock Exchange (NYSE) under the ticker symbol "X."
What is the P/E ratio of steel?
United States Steel has a P/B Ratio of 0.83. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.
How much does United States Steel make?
The P/E ratio of United States Steel is 2.21 , which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 16.94.
Is United States Steel a hold?
United States Steel has a market capitalization of $6.62 billion and generates $9.74 billion in revenue each year. The basic materials company earns $-1,165,000,000.00 in net income (profit) each year or ($4.67) on an earnings per share basis.
Where is the US steel plant?
Wall Street analysts have given United States Steel a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but United States Steel wasn't one of them.
What is stock ownership?
United States Steel Corporation, more commonly known as U.S. Steel, is an American integrated steel producer headquartered in Pittsburgh, Pennsylvania , with production operations in the United States and Central Europe. As of 2018, the company was the world's 38th-largest steel producer and the second-largest in the US, ...
What is US Steel?
Stock. Ownership of a fraction of a corporation and the right to claim a share of the corporation's assets and profits equal to the amount of stock owned. US listed security. Listed on NYSE. US headquartered. Headquartered in Pittsburgh, Pennsylvania, United States. Follow.
How much steel was made in 1953?
U.S. Steel (NYSE: X) is one of the world's oldest companies. Founded in 1901, it was known simply as "The Corporation". Thanks to its long history as one of the United States' premier industrial manufacturing operators, there's no shortage of historic information available to help investors make a sound decision on this stock. Its operations take basic materials such as iron ore and use them to produce steel for the global economy. For this reason, US Steel's stock is correlated with economic growth. To wit, its stock experienced one of its strongest performance periods from 2005-2008, only to come back down to Earth in the Financial Crisis.
When was the first vertically integrated steel made?
Image source: Getty Images. Production peaked at over 35 million tons in 1953.
Who is the Motley Fool?
U.S. Steel's roots go back to 1901. One of the world's first vertically integrated steel manufacturers, it was the invention of J.P. Morgan , who merged the largest steel producers of the day, including Carnegie Steel (the largest), Federal Steel, American Steel & Wire, and a number of smaller companies. At the time, its market capitalization was ...
Is US steel correlated with economic growth?
Founded in 1993 in Alexandria, VA., by brothers David and Tom Gardner, The Motley Fool is a multimedia financial-services company dedicated to building the world's greatest investment community .
Should you own United States Steel?
For this reason, US Steel's stock is correlated with economic growth. To wit, its stock experienced one of its strongest performance periods from 2005-2008, only to come back down to Earth in the Financial Crisis. X data by YCharts.
