Currently, there are 225.17M common shares owned by the public and among those 222.34M shares have been available to trade.
The company’s stock has a 5-day price change of 19.26% and 2.63% over the past three months. X shares are trading 6.91% year to date (YTD), with the 12-month market performance down to -24.73% lower. It has a 12-month low price of $26.92 and touched a high of $48.85 over the same period. X has an average intraday trading volume of 6.01 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 12.16%, 0.06%, and -3.31% respectively.
Institutional ownership of United States Steel Corp (NYSE: X) shares accounts for 86.82% of the company’s 225.17M shares outstanding.
It has a market capitalization of $8.18B and a beta (3y monthly) value of 1.86. The stock’s trailing 12-month PE ratio is 23.77, while the earnings-per-share (ttm) stands at $1.53. Price movements for the stock have been influenced by the stock’s volatility, which stands at 5.50% over the week and 5.14% over the month.
Earnings per share for the fiscal year are expected to decrease by -58.79%, and 18.18% over the next financial year.
Looking at the support for the X, a number of firms have released research notes about the stock. BofA Securities stated their Neutral rating for the stock in a research note on January 06, 2025, with the firm’s price target at $35. JP Morgan coverage for the United States Steel Corp (X) stock in a research note released on September 09, 2024 offered a Overweight rating with a price target of $42. Exane BNP Paribas was of a view on September 06, 2024 that the stock is Outperform, while BMO Capital Markets gave the stock Outperform rating on June 26, 2024, issuing a price target of $43- $45. Jefferies on their part issued Buy rating on May 20, 2024.
