AK Steel Holding Corporation Company Profile (NYSE:AKS)

About AK Steel Holding Corporation (NYSE:AKS)

AK Steel Holding Corporation logoAK Steel Holding Corporation is a producer of flat-rolled carbon, stainless and electrical steels, and tubular products through its subsidiary, AK Steel Corporation (AK Steel). The Company also operates blast furnaces and electric arc furnaces. As of December 31, 2016, its operations included eight steelmaking and finishing plants, two coke plants and two tube manufacturing plants across states, including Indiana, Kentucky, Michigan, Ohio, Pennsylvania and West Virginia, and a tube manufacturing plant in Mexico. These operations produce flat-rolled carbon, specialty stainless and electrical steels that it sells in sheet and strip form, and carbon and stainless steel that it finishes into welded steel tubing. It also produces metallurgical coal through its subsidiary, AK Coal Resources, Inc. In addition, the Company operates trading companies in Mexico and Europe that buy and sell steel and steel products and other materials.

Industry, Sector and Symbol:
  • Sector: Basic Materials
  • Industry: Iron, Steel Mills & Foundries
  • Sub-Industry: Steel
  • Symbol: NYSE:AKS
  • CUSIP: 00154710
  • Web: www.aksteel.com
Capitalization:
  • Market Cap: $1.82612 billion
  • Outstanding Shares: 314,848,000
Average Prices:
  • 50 Day Moving Avg: $5.61
  • 200 Day Moving Avg: $5.98
  • 52 Week Range: $4.47 - $11.39
P/E:
  • Trailing P/E Ratio: 14.90
  • Foreward P/E Ratio: 7.20
  • P/E Growth: 0.26
Sales & Book Value:
  • Annual Revenue: $5.96 billion
  • Price / Sales: 0.30
  • Book Value: ($0.53) per share
  • Price / Book: -10.74
Profitability:
  • EBITDA: $718.2 million
  • Net Margins: 1.88%
  • Return on Equity: 735.25%
  • Return on Assets: 6.22%
Debt:
  • Debt-to-Equity Ratio: 9.10%
  • Current Ratio: 2.00%
  • Quick Ratio: 0.81%
Misc:
  • Average Volume: 17.13 million shs.
  • Beta: 2.91
  • Short Ratio: 3.13
 

Frequently Asked Questions for AK Steel Holding Corporation (NYSE:AKS)

What is AK Steel Holding Corporation's stock symbol?

AK Steel Holding Corporation trades on the New York Stock Exchange (NYSE) under the ticker symbol "AKS."

How were AK Steel Holding Corporation's earnings last quarter?

AK Steel Holding Corporation (NYSE:AKS) issued its earnings results on Tuesday, July, 25th. The company reported $0.19 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.13 by $0.06. The firm earned $1.56 billion during the quarter, compared to analyst estimates of $1.55 billion. AK Steel Holding Corporation had a net margin of 1.88% and a return on equity of 735.25%. The business's revenue was up 4.4% on a year-over-year basis. During the same period in the previous year, the firm earned $0.08 earnings per share. View AK Steel Holding Corporation's Earnings History.

When will AK Steel Holding Corporation make its next earnings announcement?

AK Steel Holding Corporation is scheduled to release their next quarterly earnings announcement on Tuesday, October, 31st 2017. View Earnings Estimates for AK Steel Holding Corporation.

Where is AK Steel Holding Corporation's stock going? Where will AK Steel Holding Corporation's stock price be in 2017?

14 analysts have issued 1 year target prices for AK Steel Holding Corporation's stock. Their forecasts range from $6.24 to $11.00. On average, they expect AK Steel Holding Corporation's stock price to reach $8.21 in the next twelve months. View Analyst Ratings for AK Steel Holding Corporation.

Are investors shorting AK Steel Holding Corporation?

AK Steel Holding Corporation saw a decline in short interest in September. As of September 29th, there was short interest totalling 59,593,590 shares, a decline of 18.6% from the September 15th total of 73,249,148 shares. Based on an average daily volume of 14,748,768 shares, the days-to-cover ratio is presently 4.0 days. Approximately 19.3% of the company's shares are short sold.

Who are some of AK Steel Holding Corporation's key competitors?

Who are AK Steel Holding Corporation's key executives?

AK Steel Holding Corporation's management team includes the folowing people:

  • Kirk W. Reich, President, Chief Operating Officer
  • Roger K. Newport, Chief Executive Officer, Director
  • Jaime Vasquez, Chief Financial Officer, Vice President - Finance
  • Gregory A. Hoffbauer, Chief Accounting Officer, Vice President, Controller
  • Brian K. Bishop, Vice President - Carbon Steel Operations
  • Michael A. Kercsmar, Vice President - Specialty Steel Operations
  • Joseph C. Alter, Vice President, General Counsel, Corporate Secretary
  • Scott M. Lauschke, Vice President - Sales and Customer Service
  • Stephanie S. Bisselberg, Vice President - Human Resources
  • Renee S. Filiatraut, Vice President - Litigation, Labor and External Affairs

Who owns AK Steel Holding Corporation stock?

AK Steel Holding Corporation's stock is owned by many different of institutional and retail investors. Top institutional investors include DIVISION OF INVESTMENT, DEPARTMENT OF THE TREASURY, STATE OF NEW JERSEY (5.18%). View Institutional Ownership Trends for AK Steel Holding Corporation.

How do I buy AK Steel Holding Corporation stock?

Shares of AK Steel Holding Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is AK Steel Holding Corporation's stock price today?

One share of AK Steel Holding Corporation stock can currently be purchased for approximately $5.69.


MarketBeat Community Rating for AK Steel Holding Corporation (NYSE AKS)
Community Ranking:  1.9 out of 5 (star)
Outperform Votes:  371 (Vote Outperform)
Underperform Votes:  600 (Vote Underperform)
Total Votes:  971
MarketBeat's community ratings are surveys of what our community members think about AK Steel Holding Corporation and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for AK Steel Holding Corporation (NYSE:AKS) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 9 Hold Ratings, 5 Buy Ratings
Consensus Rating:Hold (Score: 2.36)
Consensus Price Target: $8.21 (44.30% upside)
Consensus Price Target History for AK Steel Holding Corporation (NYSE:AKS)
Price Target History for AK Steel Holding Corporation (NYSE:AKS)
Analysts' Ratings History for AK Steel Holding Corporation (NYSE:AKS)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/5/2017BMO Capital MarketsReiterated RatingHold$7.00N/AView Rating Details
10/3/2017Longbow ResearchReiterated RatingNeutralLowView Rating Details
9/19/2017KeyCorpReiterated RatingHoldLowView Rating Details
9/18/2017Jefferies Group LLCReiterated RatingBuyLowView Rating Details
9/6/2017MacquarieInitiated CoverageOutperform -> Outperform$7.00MediumView Rating Details
9/6/2017Bank of America CorporationReiterated RatingBuy$9.00LowView Rating Details
8/9/2017Barclays PLCReiterated RatingEqual Weight$8.00 -> $7.00LowView Rating Details
7/26/2017Clarkson CapitalUpgradeNeutral -> BuyMediumView Rating Details
7/6/2017Deutsche Bank AGReiterated RatingBuy$10.00MediumView Rating Details
5/12/2017Cowen and CompanyReiterated RatingMarket Perform$7.00LowView Rating Details
4/19/2017Citigroup Inc.UpgradeSell -> Neutral$8.00 -> $7.00MediumView Rating Details
3/22/2017J P Morgan Chase & CoReiterated RatingNeutral$8.00 -> $9.00LowView Rating Details
2/13/2017Morgan StanleyDowngradeOverweight -> Equal Weight$8.39 -> $11.00N/AView Rating Details
1/12/2017Credit Suisse GroupDowngradeOutperform -> Neutral$8.00 -> $9.50N/AView Rating Details
8/22/2016Rosenblatt SecuritiesInitiated CoverageBuy$6.00N/AView Rating Details
3/9/2016NomuraBoost Price TargetNeutral$2.50 -> $3.50N/AView Rating Details
(Data available from 10/17/2015 forward)

Earnings

Earnings History for AK Steel Holding Corporation (NYSE:AKS)
Earnings by Quarter for AK Steel Holding Corporation (NYSE:AKS)
Earnings History by Quarter for AK Steel Holding Corporation (NYSE AKS)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/31/2017$0.03N/AView Earnings Details
10/23/2017$0.15N/AView Earnings Details
7/25/2017Q2 2017$0.13$0.19$1.55 billion$1.56 billionViewN/AView Earnings Details
4/25/2017Q1 2017$0.15$0.19$1.49 billion$1.53 billionViewN/AView Earnings Details
1/24/2017Q4 2016$0.07$0.25$1.42 billion$1.42 billionViewN/AView Earnings Details
10/25/2016Q316$0.13$0.21$1.47 billion$1.45 billionViewListenView Earnings Details
7/26/2016Q216($0.02)$0.08$1.53 billion$1.49 billionViewListenView Earnings Details
4/26/2016Q116($0.11)($0.08)$1.50 billion$1.52 billionViewListenView Earnings Details
1/26/2016Q415$0.01$0.30$1.58 billion$1.54 billionViewListenView Earnings Details
10/27/2015Q315($0.05)$0.04$1.71 billion$1.71 billionViewListenView Earnings Details
7/28/2015Q215($0.39)($0.36)$1.72 billion$1.69 billionViewListenView Earnings Details
4/28/2015Q115($0.24)($0.28)$1.74 billion$1.75 billionViewN/AView Earnings Details
1/27/2015Q414$0.06$0.14$1.98 billion$2.00 billionViewN/AView Earnings Details
11/4/2014Q314$0.09$0.12$1.49 billion$1.59 billionViewN/AView Earnings Details
7/29/2014Q214($0.04)$0.02$1.51 billion$1.53 billionViewN/AView Earnings Details
4/22/2014Q114($0.43)($0.40)$1.40 billion$1.38 billionViewN/AView Earnings Details
1/27/2014Q413($0.12)$0.09$1.40 billion$1.46 billionViewN/AView Earnings Details
10/22/2013Q313($0.12)($0.23)$1.39 billion$1.33 billionViewN/AView Earnings Details
7/23/2013Q2 2013($0.33)($0.30)$1.42 billion$1.41 billionViewN/AView Earnings Details
4/23/2013Q1 2013($0.11)($0.07)$1.39 billion$1.37 billionViewN/AView Earnings Details
1/29/2013Q4 2012($0.36)($0.30)$1.42 billion$1.42 billionViewN/AView Earnings Details
10/23/2012($0.37)($0.25)ViewN/AView Earnings Details
7/24/2012$0.05$0.10ViewN/AView Earnings Details
4/24/2012($0.12)($0.11)ViewN/AView Earnings Details
1/24/2012($0.39)($0.26)ViewN/AView Earnings Details
10/25/2011$0.01$0.02ViewN/AView Earnings Details
7/26/2011$0.49$0.32ViewN/AView Earnings Details
4/26/2011($0.01)$0.08ViewN/AView Earnings Details
1/25/2011($0.63)($0.49)ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for AK Steel Holding Corporation (NYSE:AKS)
2017 EPS Consensus Estimate: $0.44
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172$0.13$0.21$0.17
Q2 20172$0.05$0.14$0.10
Q3 20172$0.02$0.02$0.02
Q4 20171$0.15$0.15$0.15
(Data provided by Zacks Investment Research)

Dividends

Dividend History for AK Steel Holding Corporation (NYSE:AKS)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading and Institutional Ownership History for AK Steel Holding Corporation (NYSE:AKS)
Insider Ownership Percentage: 0.80%
Institutional Ownership Percentage: 73.06%
Insider Trades by Quarter for AK Steel Holding Corporation (NYSE:AKS)
Institutional Ownership by Quarter for AK Steel Holding Corporation (NYSE:AKS)
Insider Trades by Quarter for AK Steel Holding Corporation (NYSE:AKS)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
7/28/2016Vicente WrightDirectorSell27,000$6.70$180,900.00View SEC Filing  
7/31/2015Roger K NewportCFOBuy5,000$3.12$15,600.00View SEC Filing  
2/10/2015James A ThomsonDirectorSell6,500$4.20$27,300.00View SEC Filing  
2/2/2015James L WainscottCEOBuy10,000$3.77$37,700.00View SEC Filing  
2/2/2015Joseph C AlterVPBuy2,000$3.79$7,580.00View SEC Filing  
1/30/2015Roger K NewportCFOBuy5,000$3.80$19,000.00View SEC Filing  
1/29/2015David C HornEVPBuy12,000$3.73$44,760.00View SEC Filing  
1/29/2015Gregory A HoffbauerInsiderBuy3,000$3.82$11,460.00View SEC Filing  
1/29/2015Vicente WrightDirectorBuy10,000$3.80$38,000.00View SEC Filing  
11/14/2014Ralph S Michael IIIDirectorBuy10,000$6.25$62,500.00View SEC Filing  
11/7/2014Robert H JenkinsDirectorBuy25,000$6.31$157,750.00View SEC Filing  
11/7/2014Roger K NewportCFOBuy5,000$6.21$31,050.00View SEC Filing  
11/6/2014David C HornVPBuy20,000$6.04$120,800.00View SEC Filing  
11/6/2014James L WainscottCEOBuy160,000$6.18$988,800.00View SEC Filing  
11/6/2014Richard A AbdooDirectorBuy10,000$6.15$61,500.00View SEC Filing  
8/13/2014Mark G EssigDirectorBuy25,000$9.80$245,000.00View SEC Filing  
12/4/2012Richard A AbdooDirectorBuy12,500$3.95$49,375.00View SEC Filing  
11/28/2012Roger K NewportCFOBuy5,000$3.87$19,350.00View SEC Filing  
11/27/2012James L WainscottCEOBuy100,000$3.85$385,000.00View SEC Filing  
11/26/2012Ralph S Michael IIIDirectorBuy10,000$3.82$38,200.00View SEC Filing  
11/23/2012John S BrinzoDirectorBuy4,000$3.84$15,360.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for AK Steel Holding Corporation (NYSE:AKS)
Latest Headlines for AK Steel Holding Corporation (NYSE:AKS)
Source:
DateHeadline
finance.yahoo.com logoAK Steel Holding Corp. breached its 50 day moving average in a Bullish Manner : AKS-US : October 16, 2017
finance.yahoo.com - October 16 at 4:34 PM
finance.yahoo.com logoWhy Last Week Was Big for US Steel
finance.yahoo.com - October 16 at 4:33 PM
americanbankingnews.com logoAK Steel Holding Corporation (AKS) to Release Earnings on Monday
www.americanbankingnews.com - October 16 at 3:12 AM
americanbankingnews.com logoShort Interest in AK Steel Holding Corporation (AKS) Drops By 18.6%
www.americanbankingnews.com - October 16 at 1:44 AM
bloomberg.com logoU.S. Demands Steel Tracking in Tough Nafta Push on Autos
www.bloomberg.com - October 15 at 8:32 PM
nasdaq.com logoIs AK Steel a Great Stock for Value Investors? - Nasdaq.com - Nasdaq
www.nasdaq.com - October 13 at 8:39 PM
finance.yahoo.com logoU.S. demands regional steel, aluminum in NAFTA auto rules -sources
finance.yahoo.com - October 13 at 8:39 PM
finance.yahoo.com logoU.S. demands regional steel, aluminium in NAFTA auto rules - sources
finance.yahoo.com - October 13 at 8:39 PM
finance.yahoo.com logoIs AK Steel a Great Stock for Value Investors?
finance.yahoo.com - October 13 at 3:38 PM
fool.com logoIs It Too Late to Get in on This Millionaire-Maker Stock? - Motley Fool
www.fool.com - October 10 at 5:08 PM
nasdaq.com logoAK Steel (AKS) Poised on Strategic Actions Amid Headwinds - Nasdaq
www.nasdaq.com - October 10 at 5:08 PM
nasdaq.com logoAK Steel Implements Electrode Surcharge on Stainless Products - Nasdaq
www.nasdaq.com - October 10 at 2:50 AM
finance.yahoo.com logoAK Steel Implements Electrode Surcharge on Stainless Products
finance.yahoo.com - October 9 at 4:44 PM
americanbankingnews.com logoAnalyzing AK Steel Holding Corporation (AKS) & Handy & Harman (HNH)
www.americanbankingnews.com - October 9 at 2:20 PM
americanbankingnews.com logo Analysts Anticipate AK Steel Holding Corporation (AKS) Will Post Quarterly Sales of $1.51 Billion
www.americanbankingnews.com - October 8 at 9:58 AM
americanbankingnews.com logoAK Steel Holding Corporation (AKS) Given Average Rating of "Hold" by Analysts
www.americanbankingnews.com - October 8 at 9:00 AM
americanbankingnews.com logoAK Steel Holding Corporation (AKS) Rating Reiterated by BMO Capital Markets
www.americanbankingnews.com - October 8 at 6:34 AM
reuters.com logoBRIEF-AK Steel - ‍Will implement electrode surcharge for all stainless product shipments effective Oct 29
www.reuters.com - October 7 at 2:05 AM
americanbankingnews.com logo Brokerages Expect AK Steel Holding Corporation (AKS) Will Post Earnings of $0.03 Per Share
www.americanbankingnews.com - October 7 at 12:18 AM
finance.yahoo.com logoAK Steel Changes Surcharge for Stainless Steel Products
finance.yahoo.com - October 6 at 9:04 PM
finance.yahoo.com logoAK Steel Announces Third Quarter 2017 Earnings Date
finance.yahoo.com - October 5 at 6:12 PM
americanbankingnews.com logoAK Steel Holding Corporation (AKS) Stock Rating Reaffirmed by Longbow Research
www.americanbankingnews.com - October 3 at 4:40 PM
nasdaq.com logoAK Steel (AKS) Reaches New Labor Deal at Rockport Works - Nasdaq
www.nasdaq.com - October 3 at 3:27 PM
benzinga.com logoAnalyst Surveys Suggest Steel Stocks Will Soon Suffer - Benzinga
www.benzinga.com - October 3 at 1:40 AM
finance.yahoo.com logoHow Key US Steel Demand Indicators Look in September
finance.yahoo.com - October 2 at 3:34 PM
americanbankingnews.com logoAK Steel Holding Corporation (AKS) Sees Significant Growth in Short Interest
www.americanbankingnews.com - October 1 at 2:38 AM
reuters.com logoBRIEF-UAW members ratify labor agreement for Rockport Works
www.reuters.com - September 29 at 8:16 PM
seekingalpha.com logoAK Steel Holding Corp (AKS)
seekingalpha.com - September 29 at 8:16 PM
americanbankingnews.com logoFY2017 Earnings Forecast for AK Steel Holding Corporation Issued By KeyCorp (AKS)
www.americanbankingnews.com - September 29 at 6:48 AM
finance.yahoo.com logoIs the Options Market Predicting a Spike in AK Steel Holding (AKS) Stock?
finance.yahoo.com - September 22 at 2:48 PM
finance.yahoo.com logoNucor’s 3Q17 Guidance: Is It Losing Its Element of Surprise?
finance.yahoo.com - September 19 at 3:43 PM
finance.yahoo.com logoWhy Nucor Expects Lower 3Q17 Profits despite Higher Steel Prices
finance.yahoo.com - September 19 at 3:43 PM
americanbankingnews.com logoAK Steel Holding Corporation (AKS) Rating Reiterated by KeyCorp
www.americanbankingnews.com - September 19 at 1:18 PM
finance.yahoo.com logoToday's Research Reports on Stocks to Watch: Nucor Corporation and AK Steel
finance.yahoo.com - September 18 at 4:09 PM
finance.yahoo.com logoTop 10 Steel-Producing Countries: Could India Overtake Japan?
finance.yahoo.com - September 18 at 4:09 PM
reuters.com logoBRIEF-AK Steel Holding enters into an amended and restated $1.35 billion secured revolving credit facility
www.reuters.com - September 16 at 2:07 AM
seekingalpha.com logoAK Steel Could Be A Steal
seekingalpha.com - September 15 at 4:01 PM
finance.yahoo.com logoBulls or Bears: Who’s Take the Trophy for U.S. Steel?
finance.yahoo.com - September 14 at 4:15 PM
finance.yahoo.com logoAK Steel Holding Corp. – Value Analysis (NYSE:AKS) : September 14, 2017
finance.yahoo.com - September 14 at 2:55 AM
americanbankingnews.com logoAK Steel Holding Corporation (AKS) Given Average Rating of "Buy" by Brokerages
www.americanbankingnews.com - September 13 at 9:30 AM
finance.yahoo.com logoAK Steel Holding Corp. breached its 50 day moving average in a Bearish Manner : AKS-US : September 12, 2017
finance.yahoo.com - September 12 at 3:55 PM
finance.yahoo.com logoShould US Steelmakers Stop Bashing China?
finance.yahoo.com - September 11 at 4:32 PM
finance.yahoo.com logoShould US Steelmakers Stop Bashing China?
finance.yahoo.com - September 11 at 4:32 PM
finance.yahoo.com logoBehind the Technical Indicators for Cliffs and Peers
finance.yahoo.com - September 11 at 4:32 PM
finance.yahoo.com logoBehind the Technical Indicators for Cliffs and Peers
finance.yahoo.com - September 11 at 4:32 PM
finance.yahoo.com logoUnderstanding ArcelorMittal’s Price-to-Book Value Ratio among Peers
finance.yahoo.com - September 11 at 4:32 PM
finance.yahoo.com logoUnderstanding ArcelorMittal’s Price-to-Book Value Ratio among Peers
finance.yahoo.com - September 11 at 4:32 PM
finance.yahoo.com logoInside AK Steel’s Price-to-Sales Ratio: What You Need to Know
finance.yahoo.com - September 11 at 4:32 PM
finance.yahoo.com logoInside AK Steel’s Price-to-Sales Ratio: What You Need to Know
finance.yahoo.com - September 11 at 4:32 PM
americanbankingnews.com logoAK Steel Holding Corporation (AKS) Earns Buy Rating from Bank of America Corporation
www.americanbankingnews.com - September 10 at 7:02 PM

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Chart

AK Steel Holding Corporation (AKS) Chart for Tuesday, October, 17, 2017

This page was last updated on 10/17/2017 by MarketBeat.com Staff

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