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
Current SymbolNYSE:AKS
Previous Symbol
CUSIP00154710
Phone513-425-5000
Debt
Debt-to-Equity Ratio4.65
Current Ratio2.03
Quick Ratio0.77
Price-To-Earnings
Trailing P/E Ratio11.42
Forward P/E Ratio5.97
P/E Growth1.21
Sales & Book Value
Annual Sales$6.08 billion
Price / Sales0.19
Cash Flow$1.0881 per share
Price / Cash3.29
Book Value$1.39 per share
Price / Book2.58
Profitability
EPS (Most Recent Fiscal Year)$0.31
Net Income$6.19 million
Net Margins0.67%
Return on Equity45.52%
Return on Assets3.27%
Miscellaneous
Employees9,200
Outstanding Shares315,540,000
Market Cap$1.15 billion
OptionableOptionable
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 Thursday, October, 25th. The basic materials company reported $0.21 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.23 by $0.02. The basic materials company had revenue of $1.74 billion for the quarter, compared to analysts' expectations of $1.82 billion. AK Steel had a net margin of 0.67% and a return on equity of 45.52%. View AK Steel's Earnings History.
When is AK Steel's next earnings date?
What price target have analysts set for AKS?
13 Wall Street analysts have issued 12-month target prices for AK Steel's shares. Their forecasts range from $3.25 to $7.00. On average, they anticipate AK Steel's stock price to reach $5.3125 in the next year. This suggests a possible upside of 48.4% 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.
Has AK Steel been receiving favorable news coverage?
News articles about AKS stock have trended very positive on Wednesday, InfoTrie Sentiment reports. The research firm rates the sentiment of news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. AK Steel earned a media sentiment score of 3.1 on InfoTrie's scale. They also assigned press coverage about the basic materials company a news buzz of 8.0 out of 10, meaning that recent news coverage is very likely to have an impact on the stock's share price in the near term.
Are investors shorting AK Steel?
AK Steel saw a decrease in short interest during the month of October. As of October 31st, there was short interest totalling 66,674,049 shares, a decrease of 5.5% from the October 15th total of 70,561,634 shares. Based on an average daily volume of 15,025,692 shares, the days-to-cover ratio is currently 4.4 days. Currently, 21.6% of the shares of the company 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 Commercial Metals (CMC), Carpenter Technology (CRS), SunCoke Energy (SXC), SunCoke Energy Partners (SXCP), Mechel PAO (MTL), Timkensteel (TMST), Titan International (TWI), Universal Stainless & Alloy Products (USAP), Ossen Innovation (OSN), APERAM/SH N Y REGISTRY SH (APEMY), China Precision Steel (CPSL), EVRAZ (EVRZF), SUMITOMO Corp/S (SSUMY) and USINAS SIDERURG/S (USNZY).
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 many different of retail and institutional investors. Top institutional investors include BlackRock Inc. (14.50%), State of New Jersey Common Pension Fund D (4.94%), JPMorgan Chase & Co. (3.12%), JPMorgan Chase & Co. (3.12%), Dimensional Fund Advisors LP (2.24%) and Bank of New York Mellon Corp (1.20%). 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 Man Group plc, State of New Jersey Common Pension Fund D, Morgan Stanley, Highbridge Capital Management LLC, Royce & Associates LP, Dimensional Fund Advisors LP, Creative Planning and Hsbc Holdings PLC. 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 JPMorgan Chase & Co., JPMorgan Chase & Co., Teachers Advisors LLC, BlueMountain Capital Management LLC, Ashler Capital LLC, Congress Asset Management Co. MA, FMR LLC and BlackRock Inc.. 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 $3.58.
How big of a company is AK Steel?
AK Steel has a market capitalization of $1.15 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.
