United States Steel Corp [NYSE: X] closed the trading session at $37.06.
The stocks have a year to date performance of 9.03 percent and weekly performance of -1.70 percent. The stock has been moved at 18.52 percent over the last six months. The stock has performed 0.22 percent around the most recent 30 days and changed -4.61 percent over the most recent 3-months.
If compared to the average trading volume of 6.97M shares, X reached to a volume of 8708802 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to 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 $41.08 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 1.92. 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.
Morgan Stanley have made an estimate for United States Steel Corp shares, keeping their opinion on the stock as Equal-Weight, with their previous recommendation back on February 03, 2025. While these analysts kept the previous recommendation, BofA Securities raised their target price to Neutral. The new note on the price target was released on January 06, 2025, representing the official price target for United States Steel Corp stock. Previously, the target price had yet another raise from $40 to $42, while JP Morgan kept a Overweight rating on X stock.
The Average True Range (ATR) for United States Steel Corp is set at 1.60, with the Price to Sales ratio for X stock in the period of the last 12 months amounting to 0.53. The Price to Book ratio for the last quarter was 0.74, with the Price to Cash per share for the same quarter was set at 6.12.
X stock trade performance evaluation
United States Steel Corp [X] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -1.70. With this latest performance, X shares gained by 0.22% in over the last four-week period, additionally plugging by 18.52% over the last 6 months – not to mention a drop of -22.09% 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 48.51, with the RSI for the last a single of trading hit 47.35, and the three-weeks RSI is set at 49.52 for United States Steel Corp [X]. The present Moving Average for the last 50 days of trading for this stock 36.44, while it was recorded at 36.61 for the last single week of trading, and 37.30 for the last 200 days.
United States Steel Corp [X]: An insightful look at the core fundamentals
United States Steel Corp’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.91 and a Current Ratio set at 1.55.
Earnings per share (EPS) analysis for United States Steel Corp [X] stock
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for X. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for United States Steel Corp go to 15.76%.
United States Steel Corp [X]: Institutional Ownership
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 8.9865%.
