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
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 Ratio15.74
Forward P/E Ratio6.87
P/E Growth1.32
Sales & Book Value
Annual Sales$6.08 billion
Price / Sales0.25
Cash Flow$1.1564 per share
Price / Cash4.22
Book Value$0.41 per share
Price / Book11.90
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
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) posted its 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 the consensus estimate of $1.58 billion. AK Steel had a positive return on equity of 37.76% and a negative net margin of 0.38%. The company's revenue was up 8.2% on a year-over-year basis. During the same quarter last year, the firm earned $0.19 earnings per share. View AK Steel's Earnings History.
When is AK Steel's next earnings date?
What price target have analysts set for AKS?
16 equities research analysts have issued twelve-month price targets for AK Steel's stock. Their forecasts range from $3.25 to $10.00. On average, they expect AK Steel's stock price to reach $5.9107 in the next twelve months. View Analyst Ratings for AK Steel.
Are investors shorting AK Steel?
AK Steel saw a decrease in short interest in the month of May. As of May 31st, there was short interest totalling 75,189,168 shares, a decrease of 6.2% from the May 15th total of 80,193,522 shares. Based on an average daily volume of 14,302,469 shares, the days-to-cover ratio is currently 5.3 days. Currently, 24.4% 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 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), Titan International (TWI), Mechel PAO (MTL), 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?
News coverage about AKS stock has trended somewhat positive this week, Accern Sentiment Analysis reports. The research firm identifies negative and positive news coverage by analyzing more than twenty million blog and news sources. 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 news sentiment score of 0.08 on Accern's scale. They also gave media coverage about the basic materials company an impact score of 44.63 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the next few days.
Who are AK Steel's major shareholders?
AK Steel's stock is owned by a variety of of institutional and retail investors. Top institutional investors include BlackRock Inc. (13.50%), State of New Jersey Common Pension Fund D (5.26%), Dimensional Fund Advisors LP (2.19%), JPMorgan Chase & Co. (1.52%), Northern Trust Corp (1.22%) and Principal Financial Group Inc. (0.78%). 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 State of New Jersey Common Pension Fund D, Thrivent Financial for Lutherans, NJ State Employees Deferred Compensation Plan, Truepoint Inc., American International Group Inc., Van ECK Associates Corp, Palisade Capital Management LLC NJ and Legal & General Group 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 major investors are buying AK Steel stock?
AKS stock was purchased by a variety of institutional investors in the last quarter, including Polar Asset Management Partners Inc., KBC Group NV, JPMorgan Chase & Co., Dimensional Fund Advisors LP, BlackRock Inc., Hsbc Holdings PLC, California Public Employees Retirement System and Highbridge Capital Management LLC. 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 $4.88.
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.
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 (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.
