AK Steel Holding Corporation has $10 highest and $1 lowest target. The Mean Recommendation is the average rating on a stock by the analyst community. Vetr cut AK Steel Holding from a "hold" rating to a "sell" rating and set a $8.49 price target for the company.in a research report on Monday, February 20th.
Institutions own 66.24% of AK Steel Holding Corporation (AKS)'s shares. Jefferies has "Buy" rating and $9.0 target.
AK Steel (AKS) traded up $0.21 on Tuesday, hitting $5.03. The stock has "Neutral" rating by Macquarie Research on Tuesday, November 29. The stock has "Hold" rating by Jefferies on Wednesday, January 13. Barclays Capital maintained AK Steel Holding Corporation (NYSE:AKS) rating on Monday, October 5. On Wednesday, November 1 the stock rating was downgraded by Clarksons Platou to "Neutral".
In addition to JPMorgan reporting its target price, a total of 12 firms have issued a report on the stock. With 568,700 avg volume, 38 days are for Bofi Holding Incorporated (NASDAQ:BOFI)'s short sellers to cover BOFI's short positions. This works out to a net decrease in ownership of 24.24 million shares, and suggests that institutions are feeling bearish about the stock. About 16.20 million shares traded. General Dynamics Corporation (NYSE:GD) has risen 36.41% since December 6, 2016 and is uptrending. It has underperformed by 11.43% the S&P500.
BofI Holding, Inc. operates as the holding firm for BofI Federal Bank that provides consumer and business banking products in the United States. The firm offers deposits products, including consumer and business checking, demand, savings, and time deposit accounts. It has a 27.73 P/E ratio.
Investors sentiment increased to 1.32 in 2017 Q2. Its up 0.13, from 0.95 in 2017Q1.
Several other institutional investors have also sold shares of the company. 88 funds opened positions while 275 raised stakes. Boston Prtn reported 563,758 shares. Dimensional Fund Advisors LP boosted its position in shares of AK Steel by 82.5% during the 1st quarter. Hightower Advsrs Ltd Liability Company has 0% invested in AK Steel Holding Corporation (NYSE:AKS).
Canal Insurance Company increased General Dynamics Ord (GD) stake by 9900% reported in 2017Q2 SEC filing. Parametric Associate Ltd Limited Liability Company owns 105,947 shares. California State Teachers Retirement System stated it has 559,034 shares or 0.01% of all its holdings. Envestnet Asset Management accumulated 0.04% or 65,367 shares. City Co reported 1,550 shares. Bancorporation Of America Corporation De invested in 0.01% or 5.19M shares. 98,108 were reported by Prudential Fincl.
When we look at the Analyst Recommendations of the stock, the company has 1.92 rating given by Analysts where 1 stands for Strong Buy and 5 stands for Strong Sell. Therefore 45% are positive. Longbow Research started coverage on AK Steel Holding in a research report on Friday, May 19th. Deutsche Bank maintained the stock with "Hold" rating in Monday, December 5 report. (NASDAQ:BOFI) earned "Market Perform" rating by Wood on Monday, October 9.
This publicly-traded company's Revenue/Share ratio is 19.26, compared to 57.62 for the industry overall. The rating was upgraded by DA Davidson to "Buy" on Thursday, October 15. FBR Capital maintained it with "Outperform" rating and $132 target in Friday, July 31 report. The firm has "Sector Weight" rating given on Monday, September 19 by KeyBanc Capital Markets. 21,887 were reported by Raymond James Advisors. The 52-Week High range of the stock is $11.39, while the 52-week low range is $4. AK Steel Holding Corporation (NYSE:AKS) has risen 58.12% since December 7, 2016 and is uptrending. It has outperformed by 41.42% the S&P500. J P Morgan Chase & Co dropped their price objective on AK Steel from $8.00 to $6.00 and set a neutral rating on the stock in a report on Wednesday, November 1st. According to the Analysts, the Low Earnings estimate for the current quarter is $-0.2, while the High earnings estimate is $0.03.Comparatively, EPS for the same quarter past year was $0.19.
Previously AK Steel Holding Corp (NYSE:AKS) reported $0 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.04 by $-0.04. Its up 0.35, from 0.97 in 2017Q1.
Several other hedge funds and other institutional investors have also recently made changes to their positions in AKS.
The company is expected to report earnings of $-0.13 a share for the next quarter. Moreover, First Allied Advisory Services has 0.01% invested in AK Steel Holding Corporation (NYSE:AKS) for 25,717 shares. Teacher Retirement System of Texas lifted its holdings in shares of AK Steel by 138.7% in the 2nd quarter. Rothschild Asset invested in 0.01% or 3,238 shares. Fund Mngmt Sa reported 11,530 shares. Saba Capital Mgmt Ltd Partnership reported 867,390 shares or 0.52% of all its holdings. In terms of relative volume, these shares are trading at 1.27x their normal volume. Cwm Limited Co has 0% invested in AK Steel Holding Corporation (NYSE:AKS) for 1,404 shares.
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Market worth or Market capitalization is calculated by multiplying the price of a stock by its total number of outstanding shares. The sales growth rate for a stock is a measure of how the stock's sales per share (SPS) has grown over a specific period of time.