Media coverage about AK Steel Holding Corporation (NYSE:AKS) has trended somewhat positive this week, according to Accern. The research group identifies positive and negative media coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. AK Steel Holding Corporation earned a news impact score of 0.12 on Accern’s scale. Accern also gave news headlines about the basic materials company an impact score of 45.8586328416158 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
Here are some of the news articles that may have effected Accern Sentiment Analysis’s analysis:
- AK Steel Holding Corp 2017 Q2 – Results – Earnings Call Slides (seekingalpha.com)
- AK Steel Holding Corporation to Post Q3 2017 Earnings of $0.02 Per Share, KeyCorp Forecasts (AKS) (americanbankingnews.com)
- Is AK Steel Holding Corporation (AKS) stock is risky? – Stocks Gallery (stocksgallery.com)
- Updates on Most Active Stock: AK Steel Holding Corp (AKS) – ExpertGazette (expertgazette.com)
- AK Steel (AKS) to Raise Price for Carbon Steel Products – Nasdaq (nasdaq.com)
A number of analysts have commented on AKS shares. Deutsche Bank AG reaffirmed a “buy” rating and issued a $10.00 price objective on shares of AK Steel Holding Corporation in a report on Thursday, July 6th. Jefferies Group LLC reiterated a “buy” rating and set a $9.00 target price on shares of AK Steel Holding Corporation in a research report on Wednesday, June 28th. Longbow Research upgraded AK Steel Holding Corporation from a “neutral” rating to a “buy” rating in a research report on Monday, June 19th. Clarkson Capital upgraded AK Steel Holding Corporation from a “neutral” rating to a “buy” rating and set a $8.00 target price on the stock in a research report on Thursday, May 25th. Finally, ValuEngine downgraded AK Steel Holding Corporation from a “strong-buy” rating to a “buy” rating in a research report on Thursday, July 27th. One equities research analyst has rated the stock with a sell rating, nine have assigned a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the stock. The company has a consensus rating of “Hold” and an average target price of $8.06.
Shares of AK Steel Holding Corporation (NYSE AKS) opened at 5.25 on Friday. AK Steel Holding Corporation has a 52 week low of $3.87 and a 52 week high of $11.39. The firm’s 50-day moving average price is $5.88 and its 200 day moving average price is $6.72. The company has a market capitalization of $1.65 billion, a PE ratio of 13.74 and a beta of 2.86.
AK Steel Holding Corporation (NYSE:AKS) last released its quarterly earnings data on Tuesday, July 25th. The basic materials company reported $0.19 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.13 by $0.06. AK Steel Holding Corporation had a net margin of 1.88% and a return on equity of 735.25%. The company had revenue of $1.56 billion during the quarter, compared to analyst estimates of $1.55 billion. During the same quarter in the prior year, the business earned $0.08 earnings per share. The business’s quarterly revenue was up 4.4% compared to the same quarter last year. Equities analysts predict that AK Steel Holding Corporation will post $0.50 EPS for the current year.
AK Steel Holding Corporation Company Profile
AK Steel Holding Corporation is a producer of flat-rolled carbon, stainless and electrical steels, and tubular products through its subsidiary, AK Steel Corporation (AK Steel). The Company also operates blast furnaces and electric arc furnaces. As of December 31, 2016, its operations included eight steelmaking and finishing plants, two coke plants and two tube manufacturing plants across states, including Indiana, Kentucky, Michigan, Ohio, Pennsylvania and West Virginia, and a tube manufacturing plant in Mexico.
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