United States Metal (NYSE:X – Get Free Report) up to date its third quarter earnings steering on Thursday. The corporate supplied earnings per share (EPS) steering of $0.44-0.48 for the interval, in comparison with the consensus estimate of $0.35.
United States Metal Buying and selling Up 1.6 %
NYSE X opened at $36.80 on Thursday. The corporate has a debt-to-equity ratio of 0.36, a fast ratio of 1.14 and a present ratio of 1.72. The inventory has a market cap of $8.28 billion, a P/E ratio of 10.79 and a beta of 1.88. The inventory has a 50 day easy shifting common of $38.11 and a two-hundred day easy shifting common of $38.76. United States Metal has a fifty-two week low of $26.92 and a fifty-two week excessive of $50.20.
United States Metal (NYSE:X – Get Free Report) final issued its quarterly earnings knowledge on Thursday, August 1st. The fundamental supplies firm reported $0.84 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.72 by $0.12. United States Metal had a internet margin of three.40% and a return on fairness of seven.93%. The enterprise had income of $4.12 billion for the quarter, in comparison with the consensus estimate of $4.01 billion. Throughout the identical interval within the earlier yr, the agency earned $1.92 EPS. The corporate’s quarterly income was down 17.8% in comparison with the identical quarter final yr. On common, analysts forecast that United States Metal will put up 2.15 earnings per share for the present yr.
United States Metal Publicizes Dividend
The corporate additionally lately disclosed a quarterly dividend, which was paid on Wednesday, September eleventh. Shareholders of document on Monday, August twelfth had been issued a $0.05 dividend. The ex-dividend date of this dividend was Monday, August twelfth. This represents a $0.20 dividend on an annualized foundation and a yield of 0.54%. United States Metal’s dividend payout ratio (DPR) is 5.87%.
Analyst Upgrades and Downgrades
Plenty of equities analysts have weighed in on X shares. BNP Paribas raised shares of United States Metal from a impartial ranking to an outperform ranking and set a $40.00 goal worth for the corporate in a analysis notice on Friday, September sixth. Morgan Stanley raised their worth goal on shares of United States Metal from $48.00 to $49.00 and gave the corporate an chubby ranking in a report on Thursday, August fifteenth. Glj Analysis raised United States Metal from a promote ranking to a purchase ranking and set a $38.57 worth goal for the corporate in a report on Monday, September ninth. StockNews.com initiated protection on United States Metal in a report on Monday, August nineteenth. They set a maintain ranking for the corporate. Lastly, Jefferies Monetary Group lowered their goal worth on shares of United States Metal from $47.00 to $41.00 and set a purchase ranking on the inventory in a analysis notice on Thursday, September fifth. 5 funding analysts have rated the inventory with a maintain ranking and 7 have given a purchase ranking to the corporate’s inventory. In line with MarketBeat.com, United States Metal presently has a consensus ranking of Reasonable Purchase and a median worth goal of $39.76.
Get Our Newest Inventory Evaluation on United States Metal
United States Metal Firm Profile
United States Metal Company produces and sells flat-rolled and tubular metal merchandise primarily in North America and Europe. The corporate operates via North American Flat-Rolled (Flat-Rolled), Mini Mill, U. S. Metal Europe (USSE), and Tubular Merchandise (Tubular) segments. The Flat-Rolled section presents slabs, strip mill plates, sheets, and tin mill merchandise, in addition to iron ore and coke.
Additional Studying
Obtain Information & Rankings for United States Metal Each day – Enter your e-mail tackle under to obtain a concise day by day abstract of the newest information and analysts’ rankings for United States Metal and associated corporations with MarketBeat.com’s FREE day by day e-mail publication.