Cliffs Natural Resources Inc. (NYSE:CLF) Valuation According To Analysts

(NYSE:CLF) established that the company was able to keep return on investment at - in the trailing twelve month while Reuters data showed that industry's average stands at 6.11 and sector's optimum level is 11.22. It has a market cap of $2.2 Billion.

Recent Trading for Cliffs Natural Resources Inc.

CLF cuts its US iron ore outlook cut to 18.5M tons from 19M due to significant reduction in pellet nomination by a large customer; for 2018, CLF sees sales and production volumes of 20M tons, due to increased capacity from the acquisition of the remaining minority interest in the Tilden mine. For the last period, the company reported quarter over quarter EPS growth of 263.60% and quarter over quarter sales growth of 14.70%. Cliffs Natural Resources had a net margin of 2.44% and a negative return on equity of 13.83%.

Cleveland-Cliffs reported revenues of $698.4 million, beating the Zacks Consensus Estimate of $668 million. They expect $0.35 EPS, up 1,850.00 % or $0.37 from last year's $-0.02 per share. The company's quarterly revenue was up 14.7% compared to the same quarter previous year.

Heading into the earnings release, covering analysts have a consensus target price of $6.86 on Cleveland-Cliffs Inc. shares.


Checking out a public company's Earnings per Share (EPS) is a smart way of assessing its profitability. Out of 7 total analysts who were surveyed, 4 rated it hold, and 3 rated it a Strong Buy. However the six-month change in the insider ownership was recorded 10.76%, as well as three-month change in the institutional ownership was recorded 0.56%.

CME Group Inc. (NASDAQ:CME)'s latest quote $136.19 $-0.07 -0.97% will find technical support in $135.64 a share and a breakdown below this region would be a significantly bearish signal for CME Group Inc. traders.

01/12/2017 - Cliffs Natural Resources Inc. had its "underperform" rating reiterated by analysts at Credit Suisse.

The stock's 50 day moving average is 7.47 and its 200 day moving average is 7.07. Point72 Asia Hong Kong Ltd raised its stake in shares of Cliffs Natural Resources by 2,509.9% in the first quarter. Can now owns 28,957 shares of the mining company's stock valued at $237,000 after buying an additional 10,677 shares during the last quarter. (CLF) escalated 2.23% and closed its last trading session at $7.34. BidaskClub upgraded shares of Cliffs Natural Resources from a "sell" rating to a "hold" rating in a research note on Tuesday, June 27th. Commonwealth Fincl Bank Of, a Australia-based fund reported 7,396 shares. ValuEngine lowered Cliffs Natural Resources from a "strong-buy" rating to a "buy" rating in a report on Friday, September 1st. In the past 52 weeks the company's stock price has moved within the range of $4.91 to $12.37. (NYSE:CLF) opened at 7.10 on Friday.

In other Cliffs Natural Resources news, Chairman Lourenco Goncalves purchased 100,000 shares of the company's stock in a transaction on Thursday, August 10th. Analysts pegging the company with a rating of 3 would be indicating a Hold recommendation. Cleveland-Cliffs is the largest producer of iron ore pellets in North America. "(CLF) Short Interest Update" was first posted by StockNewsTimes and is owned by of StockNewsTimes. For the current quarter Cliffs Natural Resources Inc (NYSE:CLF) has high EPS estimates of $0.37 in contradiction of low EPS estimates of $0.29. The Company is a supplier of iron ore pellets to the North American steel industry from its mines and pellet plants located in MI and Minnesota.

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