NYSE:AKS - AK Steel Stock Price, News, & Analysis

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$2.61 +0.04 (+1.56 %)
(As of 12/19/2018 02:37 AM ET)
Previous Close$2.57
Today's Range$2.58 - $2.69
52-Week Range$2.53 - $6.80
Volume6.76 million shs
Average Volume14.47 million shs
Market Capitalization$814.10 million
P/E Ratio8.42
Dividend YieldN/A
Beta2.73
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.

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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 Ratio8.42
Forward P/E Ratio4.35
P/E Growth0.86

Sales & Book Value

Annual Sales$6.08 billion
Price / Sales0.14
Cash Flow$1.1202 per share
Price / Cash Flow2.33
Book Value$0.41 per share
Price / Book6.37

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$814.10 million
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 earnings results on Thursday, October, 25th. The basic materials company reported $0.21 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.23 by $0.02. The basic materials company earned $1.74 billion during 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?

AK Steel is scheduled to release their next quarterly earnings announcement on Monday, January 28th 2019. View Earnings Estimates for AK Steel.

What price target have analysts set for AKS?

12 brokerages have issued 1-year price objectives for AK Steel's shares. Their predictions range from $3.25 to $7.00. On average, they expect AK Steel's stock price to reach $5.1591 in the next twelve months. This suggests a possible upside of 97.7% from the stock's current price. View Analyst Price Targets for AK Steel.

What is the consensus analysts' recommendation for AK Steel?

12 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 5 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 stories about AKS stock have trended somewhat positive this week, InfoTrie reports. InfoTrie identifies positive and negative news coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. AK Steel earned a media sentiment score of 1.9 on InfoTrie's scale. They also assigned media stories about the basic materials company a news buzz of 1.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the stock's share price in the near term.

Are investors shorting AK Steel?

AK Steel saw a increase in short interest during the month of November. As of November 30th, there was short interest totalling 64,751,773 shares, an increase of 1.2% from the November 15th total of 63,963,845 shares. Based on an average daily volume of 10,878,640 shares, the days-to-cover ratio is currently 6.0 days. Approximately 21.0% of the company's stock are sold short. View AK Steel's Current Options Chain.

Who are some of AK Steel's key competitors?

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 variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (14.50%), Vanguard Group Inc. (10.16%), Vanguard Group Inc (10.16%), State of New Jersey Common Pension Fund D (4.94%), JPMorgan Chase & Co. (3.12%) and JPMorgan Chase & Co. (3.12%). 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 major 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 major investors are buying AK Steel stock?

AKS stock was acquired 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 $2.61.

How big of a company is AK Steel?

AK Steel has a market capitalization of $814.10 million 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?

The official website for AK Steel is http://www.aksteel.com.

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)

Community Ranking:  2.0 out of 5 (star star)
Outperform Votes:  505 (Vote Outperform)
Underperform Votes:  743 (Vote Underperform)
Total Votes:  1,248
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.
This page was last updated on 12/19/2018 by MarketBeat.com Staff

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