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: $1.7663 billion
  • Outstanding Shares: 314,848,000
Average Prices:
  • 50 Day Moving Avg: $5.49
  • 200 Day Moving Avg: $6.27
  • 52 Week Range: $4.24 - $11.39
P/E:
  • Trailing P/E Ratio: 14.69
  • Foreward P/E Ratio: 7.01
  • P/E Growth: 0.25
Sales & Book Value:
  • Annual Revenue: $5.96 billion
  • Price / Sales: 0.30
  • Book Value: ($0.53) per share
  • Price / Book: -10.58
Profitability:
  • EBIDTA: $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: 18.25 million shs.
  • Beta: 2.87
  • 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) released its earnings results on Tuesday, July, 25th. The company reported $0.19 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.13 by $0.06. The business had revenue of $1.56 billion for 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%. AK Steel Holding Corporation's revenue for the quarter was up 4.4% on a year-over-year basis. During the same quarter in the previous year, the business 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, 24th 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 equities research analysts have issued 12-month target prices for AK Steel Holding Corporation's shares. Their forecasts range from $6.24 to $11.00. On average, they anticipate AK Steel Holding Corporation's share price to reach $8.21 in the next year. View Analyst Ratings for AK Steel Holding Corporation.

Are investors shorting AK Steel Holding Corporation?

AK Steel Holding Corporation saw a increase in short interest during the month of August. As of August 31st, there was short interest totalling 68,832,230 shares, an increase of 0.3% from the August 15th total of 69,015,598 shares. Based on an average daily volume of 14,100,705 shares, the days-to-cover ratio is presently 4.9 days. Currently, 22.3% of the shares of the stock 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 a variety of of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (10.98%), TIAA CREF Investment Management LLC (4.53%), State Street Corp (3.99%), Dimensional Fund Advisors LP (1.96%), Victory Capital Management Inc. (1.73%) and Teachers Advisors LLC (1.55%). View Institutional Ownership Trends for AK Steel Holding Corporation.

Who sold AK Steel Holding Corporation stock? Who is selling AK Steel Holding Corporation stock?

AK Steel Holding Corporation's stock was sold by a variety of institutional investors in the last quarter, including Teachers Advisors LLC, Vanguard Group Inc., TIAA CREF Investment Management LLC, York Capital Management Global Advisors LLC, Bank of New York Mellon Corp, Caxton Associates LP, GLG Partners LP and Convergence Investment Partners LLC. View Insider Buying and Selling for AK Steel Holding Corporation.

Who bought AK Steel Holding Corporation stock? Who is buying AK Steel Holding Corporation stock?

AK Steel Holding Corporation's stock was bought by a variety of institutional investors in the last quarter, including BW Gestao de Investimentos Ltda., Teacher Retirement System of Texas, Brandywine Global Investment Management LLC, Ameriprise Financial Inc., Dimensional Fund Advisors LP, Benefit Street Partners LLC, Kennedy Capital Management Inc. and UBS Asset Management Americas Inc.. View Insider Buying and Selling 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 $5.61.


MarketBeat Community Rating for AK Steel Holding Corporation (NYSE AKS)
Community Ranking:  1.9 out of 5 (star)
Outperform Votes:  361 (Vote Outperform)
Underperform Votes:  592 (Vote Underperform)
Total Votes:  953
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 (46.36% upside)

Analysts' Ratings History for AK Steel Holding Corporation (NYSE:AKS)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
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
7/30/2017BMO Capital MarketsSet Price TargetHold$7.00LowView Rating Details
7/27/2017Longbow ResearchDowngradeBuy -> Neutral$6.20 -> $6.24HighView 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 9/20/2015 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
10/23/2017$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: 1.80%
Institutional Ownership Percentage: 72.86%
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 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
americanbankingnews.com logoAK Steel Holding Corporation (AKS) Now Covered by Analysts at Macquarie
www.americanbankingnews.com - September 10 at 5:16 PM
finance.yahoo.com logoAK Steel Poised on Cost-Cutting Actions, Automotive Expansion
finance.yahoo.com - September 8 at 4:04 PM
nasdaq.com logoAK Steel (AKS) to Increase Prices of Carbon Steel Products - Nasdaq
www.nasdaq.com - September 7 at 8:39 PM
finance.yahoo.com logoAK Steel’s Valuation: What Are Markets Pricing In?
finance.yahoo.com - September 7 at 3:39 PM
finance.yahoo.com logoAK Steel (AKS) to Increase Prices of Carbon Steel Products
finance.yahoo.com - September 7 at 3:39 PM
finance.yahoo.com logoWhy AK Steel’s Earnings Could Be Subdued in 2H17
finance.yahoo.com - September 6 at 3:38 PM
finance.yahoo.com logoCan AK Steel Return to Growth in 2018?
finance.yahoo.com - September 6 at 3:38 PM
finance.yahoo.com logoWhat Challenges Could AK Steel Face in 4Q17?
finance.yahoo.com - September 6 at 3:38 PM
finance.yahoo.com logoWhy Markets Have Been Apprehensive about AK Steel This Year
finance.yahoo.com - September 5 at 4:57 PM
americanbankingnews.com logoValuEngine Lowers AK Steel Holding Corporation (AKS) to Buy
www.americanbankingnews.com - September 3 at 11:22 PM
americanbankingnews.com logo Analysts Expect AK Steel Holding Corporation (AKS) Will Post Quarterly Sales of $1.51 Billion
www.americanbankingnews.com - September 1 at 4:38 AM
benzinga.com logoAK Steel's 5-Day Winning Streak In Jeopardy
www.benzinga.com - September 1 at 1:36 AM
247wallst.com logoWeak Dollar Remains Huge for Steel Stocks: 4 to Buy Now - 24/7 Wall St.
247wallst.com - August 31 at 3:34 PM
finance.yahoo.com logoWhat the Recent Trend in Coal Prices Indicates for AK Steel
finance.yahoo.com - August 31 at 3:34 PM
americanbankingnews.com logoAK Steel Holding Corporation Sees Unusually High Options Volume (AKS)
www.americanbankingnews.com - August 31 at 2:46 AM
nasdaq.com logoCheap Imports, Overcapacity Hamper Steel Industry - Nasdaq
www.nasdaq.com - August 30 at 9:36 PM
americanbankingnews.com logo$0.05 Earnings Per Share Expected for AK Steel Holding Corporation (AKS) This Quarter
www.americanbankingnews.com - August 30 at 6:18 PM
finance.yahoo.com logoAuto, Construction Sectors: Pillars of the Steel Industry
finance.yahoo.com - August 30 at 4:25 PM
zacks.com logoHere's Why Hurricane Harvey Lifted U.S. Steel Stocks (X, AKS)
www.zacks.com - August 30 at 2:08 AM
finance.yahoo.com logoWhat’s Driving the Recent Uptrend in US Steel Production?
finance.yahoo.com - August 30 at 2:08 AM
nasdaq.com logoHere's Why Hurricane Harvey Lifted US Steel Stocks (X, AKS) - Nasdaq
www.nasdaq.com - August 29 at 9:05 PM
finance.yahoo.com logoHere's Why Hurricane Harvey Lifted U.S. Steel Stocks (X, AKS)
finance.yahoo.com - August 29 at 9:05 PM
finance.yahoo.com logoSteel Stocks Could Benefit as Harvey Drives Prices Higher
finance.yahoo.com - August 29 at 4:03 PM
americanbankingnews.com logoAK Steel Holding Corporation (AKS) Sees Significant Growth in Short Interest
www.americanbankingnews.com - August 29 at 1:56 AM
finance.yahoo.com logoAK Steel (AKS) Down 18.6% Since Earnings Report: Can It Rebound?
finance.yahoo.com - August 28 at 3:49 PM
finance.yahoo.com logoChinese Steel Demand: What Recent Indicators Tell Us
finance.yahoo.com - August 28 at 3:49 PM
seekingalpha.com logoUS steel industry petitions Trump - Seeking Alpha
seekingalpha.com - August 25 at 5:15 PM
finance.yahoo.com logoU.S. Steel Imports Show No Signs of Abating: Up 22% YTD
finance.yahoo.com - August 25 at 5:15 PM
finance.yahoo.com logoAK Steel (AKS) to Hike Prices of Stainless Steel Products
finance.yahoo.com - August 23 at 3:43 PM
finance.yahoo.com logoAK Steel Announces Stainless Steel Price Increase
finance.yahoo.com - August 22 at 9:32 PM

Social

Chart

AK Steel Holding Corporation (AKS) Chart for Wednesday, September, 20, 2017

This page was last updated on 9/20/2017 by MarketBeat.com Staff