United States Steel Corp [NYSE: X] jumped around 2.1 points on Monday, while shares priced at $36.34 at the close of the session, up 6.13%.
Compared to the average trading volume of 6.01M shares, X reached a trading volume of 30466009 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about United States Steel Corp [X]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for X shares is $39.58 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on X stock is a recommendation set at 1.83. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
BofA Securities have made an estimate for United States Steel Corp shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on January 06, 2025. While these analysts kept the previous recommendation, JP Morgan raised their target price from $40 to $42. The new note on the price target was released on September 09, 2024, representing the official price target for United States Steel Corp stock. Previously, the target price had yet another raise to $40, while Exane BNP Paribas analysts kept a Outperform rating on X stock. On June 26, 2024, analysts increased their price target for X shares from 43 to 45.
The Average True Range (ATR) for United States Steel Corp is set at 2.01, with the Price to Sales ratio for X stock in the period of the last 12 months amounting to 0.50. The Price to Book ratio for the last quarter was 0.71, with the Price to Cash per share for the same quarter was set at 7.92.
How has X stock performed recently?
United States Steel Corp [X] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 19.26. With this latest performance, X shares gained by 3.06% in over the last four-week period, additionally sinking by -7.53% over the last 6 months – not to mention a drop of -24.73% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for X stock in for the last two-week period is set at 57.50, with the RSI for the last a single of trading hit 64.15, and the three-weeks RSI is set at 53.88 for United States Steel Corp [X]. The present Moving Average for the last 50 days of trading for this stock 36.32, while it was recorded at 33.92 for the last single week of trading, and 37.59 for the last 200 days.
United States Steel Corp [X]: Deeper insight into the fundamentals
United States Steel Corp’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.08 and a Current Ratio set at 1.67.
Insider trade positions for United States Steel Corp [X]
There are presently around $88.59%, or 89.94%% of X stock, in the hands of institutional investors. The top three institutional holders of X stocks are: BLACKROCK INC. with ownership of 23.41 million shares, which is approximately 10.4483%. VANGUARD GROUP INC, holding 20.44 million shares of the stock with an approximate value of $$772.59 million in X stocks shares; and VANGUARD GROUP INC, currently with $$763.94 million in X stock with ownership which is approximately 9.0183%.
