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 Ratio6.34
Current Ratio2.09
Quick Ratio0.76
Price-To-Earnings
Trailing P/E Ratio14.87
Forward P/E Ratio5.99
P/E Growth1.21
Sales & Book Value
Annual Sales$6.08 billion
Price / Sales0.24
Cash Flow$1.0911 per share
Price / Cash4.17
Book Value$0.41 per share
Price / Book11.10
Profitability
EPS (Most Recent Fiscal Year)$0.31
Net Income$6.19 million
Net Margins-0.38%
Return on Equity37.76%
Return on Assets1.80%
Miscellaneous
Employees9,200
Outstanding Shares315,300,000
Market Cap$1,453.56
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) released its quarterly earnings results on Monday, April, 30th. The basic materials company reported $0.09 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.03 by $0.06. The basic materials company earned $1.66 billion during the quarter, compared to analysts' expectations of $1.58 billion. AK Steel had a positive return on equity of 37.76% and a negative net margin of 0.38%. AK Steel's quarterly revenue was up 8.2% compared to the same quarter last year. During the same quarter in the prior year, the business earned $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?
16 analysts have issued 12 month price targets for AK Steel's shares. Their predictions range from $3.25 to $7.00. On average, they anticipate AK Steel's share price to reach $5.5536 in the next year. This suggests a possible upside of 22.1% from the stock's current price. View Analyst Ratings for AK Steel.
What is the consensus analysts' recommendation for AK Steel?
16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for AK Steel in the last year. There are currently 3 sell ratings, 9 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold."
Are investors shorting AK Steel?
AK Steel saw a increase in short interest in June. As of June 29th, there was short interest totalling 81,896,329 shares, an increase of 7.0% from the June 15th total of 76,566,051 shares. Based on an average trading volume of 11,636,225 shares, the short-interest ratio is currently 7.0 days. Currently, 26.5% 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 APERAM/SH N Y REGISTRY SH (APEMY), Carpenter Technology (CRS), Commercial Metals (CMC), USINAS SIDERURG/S (USNZY), SunCoke Energy (SXC), Timkensteel (TMST), SunCoke Energy Partners (SXCP), Mechel PAO (MTL), 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)
Has AK Steel been receiving favorable news coverage?
Headlines about AKS stock have been trending somewhat positive this week, Accern reports. The research firm scores the sentiment of news coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. AK Steel earned a coverage optimism score of 0.09 on Accern's scale. They also assigned news stories about the basic materials company an impact score of 48.13 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company's share price in the immediate future.
Who are AK Steel's major shareholders?
AK Steel's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Columbia Partners L L C Investment Management (0.07%) and Clinton Group Inc. (0.01%). Company insiders that own AK Steel stock include James A Thomson, Vicente Wright 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 Columbia Partners L L C Investment Management. 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?
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 $4.55.
How big of a company is AK Steel?
AK Steel has a market capitalization of $1.45 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.
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.
