AK Steel Holding Corporation, through its subsidiary, AK Steel Corporation, produces flat-rolled carbon, stainless, and electrical steels, and tubular 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; 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.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Blast furnaces & steel mills
Sub-IndustrySteel
SectorBasic Materials
SymbolNYSE:AKS
CUSIP00154710
Phone513-425-5000
Debt
Debt-to-Equity Ratio5.49
Current Ratio2.01
Quick Ratio0.76
Price-To-Earnings
Trailing P/E Ratio15.58
Forward P/E Ratio6.62
P/E Growth1.28
Sales & Book Value
Annual Sales$6.08 billion
Price / Sales0.25
Cash Flow$1.15 per share
Price / Cash4.20
Book Value$0.41 per share
Price / Book11.78
Profitability
EPS (Most Recent Fiscal Year)$0.31
Net Income$6.19 million
Net Margins-0.44%
Return on Equity33.56%
Return on Assets1.92%
Miscellaneous
Employees9,200
Outstanding Shares315,510,000
Market Cap$1.47 billion
AK Steel (NYSE:AKS) Frequently Asked Questions
What is AK Steel's stock symbol?
AK Steel trades on the New York Stock Exchange (NYSE) under the ticker symbol "AKS."
How were AK Steel's earnings last quarter?
AK Steel Holding Co. (NYSE:AKS) issued its quarterly earnings results on Monday, July, 30th. The basic materials company reported $0.22 earnings per share for the quarter, missing the consensus estimate of $0.23 by $0.01. The basic materials company earned $1.75 billion during the quarter, compared to analyst estimates of $1.75 billion. AK Steel had a positive return on equity of 33.56% and a negative net margin of 0.44%. AK Steel's revenue was up 12.2% compared to the same quarter last year. During the same period in the prior year, the business posted $0.19 EPS. View AK Steel's Earnings History.
When is AK Steel's next earnings date?
What price target have analysts set for AKS?
13 brokers have issued 1 year target prices for AK Steel's stock. Their predictions range from $3.25 to $7.00. On average, they anticipate AK Steel's share price to reach $5.3542 in the next year. This suggests a possible upside of 10.9% from the stock's current price. View Analyst Price Targets for AK Steel.
What is the consensus analysts' recommendation for AK Steel?
13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for AK Steel in the last year. There are currently 2 sell ratings, 5 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for AK Steel.
Are investors shorting AK Steel?
AK Steel saw a increase in short interest in September. As of September 14th, there was short interest totalling 82,229,425 shares, an increase of 1.3% from the August 31st total of 81,160,729 shares. Based on an average trading volume of 12,196,812 shares, the short-interest ratio is presently 6.7 days. Approximately 26.6% of the company's stock are sold short. 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 Ternium (TX), United States Steel (X), APERAM/SH N Y REGISTRY SH (APEMY), Carpenter Technology (CRS), Commercial Metals (CMC), USINAS SIDERURG/S (USNZY), SunCoke Energy (SXC), SunCoke Energy Partners (SXCP), Mechel PAO (MTL), Timkensteel (TMST), Titan International (TWI), Universal Stainless & Alloy Products (USAP), Ossen Innovation (OSN) and China Precision Steel (CPSL).
Who are AK Steel's key executives?
AK Steel's management team includes the folowing people:
- Mr. Roger K. Newport, CEO & Director (Age 53)
- Mr. Kirk W. Reich, Pres & COO (Age 50)
- Mr. Jaime Vasquez, VP of Fin. & CFO (Age 55)
- Mr. Joseph C. Alter, VP, Gen. Counsel & Corp. Sec. (Age 41)
- Mr. Scott M. Lauschke, VP of Sales & Customer Service (Age 48)
Who are AK Steel's major shareholders?
AK Steel's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (14.27%), State of New Jersey Common Pension Fund D (5.23%), Dimensional Fund Advisors LP (2.33%), Northern Trust Corp (1.22%), Bank of New York Mellon Corp (1.19%) and Bank of New York Mellon Corp (1.19%). Company insiders that own AK Steel stock include James A Thomson, Joseph C Alter, Roger K Newport and William K Gerber. View Institutional Ownership Trends for AK Steel.
Which major investors are selling AK Steel stock?
AKS stock was sold by a variety of institutional investors in the last quarter, including KBC Group NV, Bank of New York Mellon Corp, Bank of New York Mellon Corp, State of New Jersey Common Pension Fund D, Van ECK Associates Corp, California Public Employees Retirement System, Arizona State Retirement System and Municipal Employees Retirement System of Michigan. Company insiders that have sold AK Steel company stock in the last year include James A Thomson and William K Gerber. View Insider Buying and Selling for AK Steel.
Which major investors are buying AK Steel stock?
AKS stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Dimensional Fund Advisors LP, United Services Automobile Association, BlueMountain Capital Management LLC, Schwab Charles Investment Management Inc., Royce & Associates LP, Engineers Gate Manager LP and Merriman Wealth Management LLC. Company insiders that have bought AK Steel stock in the last two years include Joseph C Alter and Roger K Newport. View Insider Buying and Selling for AK Steel.
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, Scottrade, Fidelity and Charles Schwab.
What is AK Steel's stock price today?
One share of AKS stock can currently be purchased for approximately $4.83.
How big of a company is AK Steel?
AK Steel has a market capitalization of $1.47 billion and generates $6.08 billion in revenue each year. The basic materials company earns $6.19 million in net income (profit) each year or $0.31 on an earnings per share basis. AK Steel employs 9,200 workers across the globe.
What is AK Steel's official website?
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]
MarketBeat Community Rating for AK Steel (NYSE AKS)
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.
