AK Steel Holding Corporation (AKS) EPS Estimated At $0.23

October 2, 2018 - By olga

AK Steel Holding Corporation (NYSE:AKS) LogoInvestors sentiment decreased to 0.97 in Q2 2018. Its down 0.31, from 1.28 in 2018Q1. It turned negative, as 39 investors sold AK Steel Holding Corporation shares while 55 reduced holdings. 26 funds opened positions while 65 raised stakes. 200.55 million shares or 2.03% more from 196.55 million shares in 2018Q1 were reported.
Nj State Employees Deferred Compensation Plan holds 160,000 shares. Public Employees Retirement Sys Of Ohio stated it has 12,110 shares or 0% of all its holdings. Clinton Gp, New York-based fund reported 32,215 shares. Ellington Mgmt Group Inc Limited Liability Com has invested 0.01% in AK Steel Holding Corporation (NYSE:AKS). Thrivent For Lutherans owns 216,299 shares for 0% of their portfolio. Comerica Financial Bank invested 0.01% in AK Steel Holding Corporation (NYSE:AKS). State Street has 16.57 million shares. New York State Common Retirement Fund reported 329,300 shares stake. Qs Investors Limited invested 0% of its portfolio in AK Steel Holding Corporation (NYSE:AKS). 15,688 are owned by Cambridge Investment Research Advisors Incorporated. Alliancebernstein L P reported 393,203 shares. York Management Glob Advsr Limited Co holds 0.11% or 1.00 million shares. Regions Finance Corp has 4,373 shares. The Nebraska-based Nelson Van Denburg Campbell Wealth Mgmt Group Limited Co has invested 0% in AK Steel Holding Corporation (NYSE:AKS). Shikiar Asset has 0.11% invested in AK Steel Holding Corporation (NYSE:AKS) for 59,500 shares.

Since May 8, 2018, it had 1 insider buy, and 2 selling transactions for $91,238 activity. Shares for $55,776 were sold by GERBER WILLIAM K on Thursday, May 31. The insider Alter Joseph C bought 2,500 shares worth $10,250.

Analysts expect AK Steel Holding Corporation (NYSE:AKS) to report $0.23 EPS on October, 30.They anticipate $0.21 EPS change or 1,050.00 % from last quarter’s $0.02 EPS. AKS’s profit would be $72.55 million giving it 5.28 P/E if the $0.23 EPS is correct. After having $0.22 EPS previously, AK Steel Holding Corporation’s analysts see 4.55 % EPS growth. The stock decreased 1.42% or $0.07 during the last trading session, reaching $4.86. About 428,778 shares traded. AK Steel Holding Corporation (NYSE:AKS) has declined 23.78% since October 2, 2017 and is downtrending. It has underperformed by 39.40% the S&P500.

AK Steel Holding Corporation (NYSE:AKS) Ratings Coverage

Among 8 analysts covering AK Steel Holding (NYSE:AKS), 3 have Buy rating, 2 Sell and 3 Hold. Therefore 38% are positive. AK Steel Holding had 11 analyst reports since April 17, 2018 according to SRatingsIntel. The rating was upgraded by Bank of America to “Buy” on Friday, September 7. On Tuesday, April 17 the stock rating was maintained by Morgan Stanley with “Equal-Weight”. Credit Suisse maintained the shares of AKS in report on Tuesday, May 1 with “Outperform” rating. On Tuesday, May 1 the stock rating was maintained by BMO Capital Markets with “Market Perform”. Deutsche Bank downgraded the stock to “Hold” rating in Monday, July 9 report. Cowen & Co maintained the shares of AKS in report on Tuesday, April 17 with “Hold” rating. Bank of America maintained the shares of AKS in report on Tuesday, May 1 with “Underperform” rating. The stock of AK Steel Holding Corporation (NYSE:AKS) earned “Sell” rating by Goldman Sachs on Tuesday, May 29. Cowen & Co maintained AK Steel Holding Corporation (NYSE:AKS) rating on Tuesday, May 1. Cowen & Co has “Hold” rating and $4.5000 target. The firm has “Overweight” rating given on Monday, August 27 by Morgan Stanley.

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. The company has market cap of $1.53 billion. It produces flat-rolled carbon steel products, including coated, cold-rolled, and hot-rolled carbon steel products; specialty stainless and electrical steels in sheet and strip forms; and carbon and stainless steel that is finished into welded steel tubing. It currently has negative earnings. The firm also buys and sells steel and steel products, and other materials; and produces metallurgical coal from reserves in Pennsylvania.

More news for AK Steel Holding Corporation (NYSE:AKS) were recently published by: Seekingalpha.com, which released: “Under Armour Has Bottomed – Cramer’s Lightning Round (10/1/18)” on October 02, 2018. Globenewswire.com‘s article titled: “AK Steel Announces Third Quarter 2018 Financial Release Date” and published on September 17, 2018 is yet another important article.

AK Steel Holding Corporation (NYSE:AKS) Institutional Positions Chart

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