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 Ratio14.85
Forward P/E Ratio6.38
P/E Growth1.35
Sales & Book Value
Annual Sales$6.08 billion
Price / Sales0.24
Cash Flow$1.0519 per share
Price / Cash4.43
Book Value$0.41 per share
Price / Book11.37
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$1.55 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) announced its quarterly earnings data on Monday, July, 30th. The basic materials company reported $0.22 EPS for the quarter, missing the Zacks' 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 negative net margin of 0.44% and a positive return on equity of 33.56%. The company's revenue was up 12.2% on a year-over-year basis. During the same period last year, the business posted $0.19 EPS. View AK Steel's Earnings History.
When is AK Steel's next earnings date?
How can I listen to AK Steel's earnings call?
AK Steel will be holding an earnings conference call on Friday, October 26th at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link.
What price target have analysts set for AKS?
14 Wall Street analysts have issued 1-year price targets for AK Steel's stock. Their forecasts range from $3.25 to $7.00. On average, they anticipate AK Steel's share price to reach $5.3269 in the next twelve months. This suggests a possible upside of 14.3% from the stock's current price. View Analyst Price Targets for AK Steel.
What is the consensus analysts' recommendation for AK Steel?
14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for AK Steel in the last year. There are currently 2 sell ratings, 6 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 decrease in short interest during the month of September. As of September 28th, there was short interest totalling 74,135,455 shares, a decrease of 9.8% from the September 14th total of 82,229,425 shares. Based on an average daily trading volume, of 9,731,184 shares, the days-to-cover ratio is presently 7.6 days. Currently, 24.0% of the shares of the 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), Timkensteel (TMST), 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)
Who are AK Steel's major shareholders?
AK Steel's stock is owned by a number of of retail and institutional investors. Top institutional investors include State of New Jersey Common Pension Fund D (4.94%) and New Jersey Better Educational Savings Trust (0.03%). 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 institutional investors are selling AK Steel stock?
AKS stock was sold by a variety of institutional investors in the last quarter, including State of New Jersey Common Pension Fund D. 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 institutional investors are buying AK Steel stock?
AKS stock was bought by a variety of institutional investors in the last quarter, including New Jersey Better Educational Savings Trust. 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 $4.66.
How big of a company is AK Steel?
AK Steel has a market capitalization of $1.55 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.
