NYSE:AKSAK Steel Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding AK Steel Holding Co. Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $1.55 0.00 (0.00 %) (As of 03/13/2020) Add Compare Share Today's Range$1.55Now: $1.55▼$1.5550-Day Range$1.55MA: $2.11▼$3.0452-Week Range$1.55Now: $1.55▼$3.59Volume2,000 shsAverage Volume7.32 million shsMarket Capitalization$491.21 millionP/E Ratio38.76Dividend YieldN/ABeta2.93 ProfileAnalyst RatingsAdvanced ChartEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media AK Steel Holding Corporation, through its subsidiary, AK Steel Corporation, produces flat-rolled carbon, and stainless and electrical steel products in the United States and internationally. It produces flat-rolled carbon steel products, including coated, cold-rolled, and hot-rolled carbon steel products; grain-oriented specialty stainless and electrical steels; and carbon and stainless steel tubing products. The company also buys and sells steel and steel products, as well as other materials; and produces metallurgical coal from reserves in Somerset County, Pennsylvania. It sells its flat-rolled carbon steel products, primarily to automotive manufacturers and their suppliers; customers in the infrastructure and manufacturing markets, including the manufacturers of power transmission and distribution transformers, who produce equipment for the electrical grid, as well as electrical motors and generators; and manufacturers of heating, ventilation, and air conditioning equipment, and appliances. The company also sells its carbon steel products to distributors, service centers, and converters. AK Steel Holding Corporation was founded in 1993 and is headquartered in West Chester, Ohio.Read More Beat the Market (BTM) Rank™ 3.0 Analyst's Opinion Consensus RatingAK Steel has received a consensus rating of Hold. The company's average rating score is 1.91, and is based on 2 buy ratings, 6 hold ratings, and 3 sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $2.55, AK Steel has a potential upside of 64.2% from its current price of $1.55.Amount of Analyst CoverageAK Steel has only been the subject of 1 research reports in the past 90 days. Previous Next 2.1 Community Rank Outperform VotesAK Steel has received 593 “outperform” votes. (Add your “outperform” vote.)Underperform VotesAK Steel has received 833 “underperform” votes. (Add your “underperform” vote.)Community SentimentAK Steel has received 58.42% “underperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about AK Steel and other stocks. Vote “Outperform” if you believe AKS will outperform the S&P 500 over the long term. Vote “Underperform” if you believe AKS will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 0.0 Dividend Strength Dividend YieldAK Steel does not currently pay a dividend.Dividend GrowthAK Steel does not have a long track record of dividend growth. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, AK Steel insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 1.30% of the stock of AK Steel is held by insiders.Percentage Held by Institutions59.99% of the stock of AK Steel is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.0 Earnings and Valuation Earnings GrowthEarnings for AK Steel are expected to decrease by -5.56% in the coming year, from $0.18 to $0.17 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of AK Steel is 38.76, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 11.18.Price to Earnings Ratio vs. SectorThe P/E ratio of AK Steel is 38.76, which means that it is trading at a more expensive P/E ratio than the Basic Materials sector average P/E ratio of about 10.46.Price to Book Value per Share RatioAK Steel has a P/B Ratio of 1.03. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.0Community Rank: 2.1Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 0.0 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.21 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Blast furnaces & steel mills Sub-IndustrySteel SectorBasic Materials Current SymbolNYSE:AKS Previous Symbol CUSIP00154710 CIK918160 Webhttp://www.aksteel.com/ Phone513-425-5000Debt Debt-to-Equity Ratio4.12 Current Ratio1.90 Quick Ratio0.64Price-To-Earnings Trailing P/E Ratio38.76 Forward P/E Ratio8.61 P/E GrowthN/A Sales & Book Value Annual Sales$6.36 billion Price / Sales0.08 Cash Flow$0.91 per share Price / Cash Flow1.71 Book Value$1.51 per share Price / Book1.03Profitability EPS (Most Recent Fiscal Year)$0.34 Net Income$11.20 million Net Margins0.18% Return on Equity23.33% Return on Assets2.30%Miscellaneous Employees9,300 Outstanding Shares316,909,000Market Cap$491.21 million Next Earnings Date5/4/2020 (Estimated) OptionableOptionable Receive AKS News and Ratings via Email Sign-up to receive the latest news and ratings for AKS and its competitors with MarketBeat's FREE daily newsletter. AKS Rates by TradingView AK Steel (NYSE:AKS) Frequently Asked Questions How has AK Steel's stock been impacted by COVID-19 (Coronavirus)? AK Steel's stock was trading at $1.80 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, AKS stock has decreased by 13.9% and is now trading at $1.55. View which stocks have been mosted impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of AK Steel? 11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for AK Steel in the last year. There are currently 3 sell ratings, 6 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for AK Steel. When is AK Steel's next earnings date? AK Steel is scheduled to release its next quarterly earnings announcement on Monday, May 4th 2020. View our earnings forecast for AK Steel. How were AK Steel's earnings last quarter? AK Steel Holding Co. (NYSE:AKS) posted its quarterly earnings data on Thursday, February, 20th. The basic materials company reported ($0.11) EPS for the quarter, missing analysts' consensus estimates of ($0.10) by $0.01. The basic materials company earned $1.45 billion during the quarter, compared to analysts' expectations of $1.48 billion. AK Steel had a return on equity of 23.33% and a net margin of 0.18%. AK Steel's revenue for the quarter was down 13.8% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.16 EPS. View AK Steel's earnings history. What price target have analysts set for AKS? 11 brokers have issued 12-month price objectives for AK Steel's shares. Their forecasts range from $1.50 to $4.00. On average, they expect AK Steel's share price to reach $2.55 in the next twelve months. This suggests a possible upside of 64.2% from the stock's current price. View analysts' price targets for AK Steel. Has AK Steel been receiving favorable news coverage? Media stories about AKS stock have trended very negative this week, InfoTrie Sentiment Analysis reports. InfoTrie identifies positive and negative media coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. AK Steel earned a media sentiment score of -3.3 on InfoTrie's scale. They also assigned media stories about the basic materials company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View the latest news aboutAK Steel. Are investors shorting AK Steel? AK Steel saw a increase in short interest during the month of February. As of February 28th, there was short interest totaling 31,940,000 shares, an increase of 34.0% from the February 13th total of 23,840,000 shares. Based on an average daily trading volume, of 7,150,000 shares, the days-to-cover ratio is presently 4.5 days. Currently, 10.3% of the company's shares are short sold. View AK Steel's Current Options Chain. Who are some of AK Steel's key competitors? Some companies that are related to AK Steel include Nucor (NUE), Reliance Steel & Aluminum (RS), Steel Dynamics (STLD), Commercial Metals (CMC), Worthington Industries (WOR), United States Steel (X), Cleveland-Cliffs (CLF), Allegheny Technologies (ATI), Carpenter Technology (CRS), Schnitzer Steel Industries (SCHN), Haynes International (HAYN), Olympic Steel (ZEUS) and Universal Stainless & Alloy Products (USAP). What other stocks do shareholders of AK Steel own? Based on aggregate information from My MarketBeat watchlists, some companies that other AK Steel investors own include United States Steel (X), Advanced Micro Devices (AMD), Bank of America (BAC), General Electric (GE), TG Therapeutics (TGTX), Cleveland-Cliffs (CLF), Rite Aid (rad), Steel Dynamics (STLD), Chesapeake Energy (CHK) and Intel (INTC). Who are AK Steel's key executives? AK Steel's management team includes the following people: Mr. Roger K. Newport, CEO & Director (Age 54)Mr. Kirk W. Reich, Pres & COO (Age 51)Mr. Jaime Vasquez, VP of Fin. & CFO (Age 56)Mr. Joseph C. Alter, VP, Gen. Counsel & Corp. Sec. (Age 42)Mr. Scott M. Lauschke, VP of Sales & Customer Service (Age 49) What is AK Steel's stock symbol? AK Steel trades on the New York Stock Exchange (NYSE) under the ticker symbol "AKS." How do I buy shares of AK Steel? Shares of AKS can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. What is AK Steel's stock price today? One share of AKS stock can currently be purchased for approximately $1.55. How big of a company is AK Steel? AK Steel has a market capitalization of $491.21 million and generates $6.36 billion in revenue each year. The basic materials company earns $11.20 million in net income (profit) each year or $0.34 on an earnings per share basis. AK Steel employs 9,300 workers across the globe. View additional information about AK Steel. What is AK Steel's official website? The official website for AK Steel is http://www.aksteel.com/. How can I contact AK Steel? AK Steel's mailing address is 9227 CENTRE POINTE DRIVE, WEST CHESTER OH, 45069. The basic materials company can be reached via phone at 513-425-5000 or via email at [email protected] This page was last updated on 4/5/2020 by MarketBeat.com StaffFeatured Article: Monthly Dividend Stocks Can Provide Solid Income
