United States Steel Corp (NYSE: X) has reported E.P.S. of $0.53 for its third fiscal quarter (ending September 30) versus $1.34 for the same period a year ago — a decline of -60%. For the latest four quarters through September 30, E.P.S. were $1.74 compared to $5.08 a year ago — a decline of -66%.
Recent Price Action
On 10/31/24, United States Steel Corp (NYSE: X) stock declined modestly by -1.7%, closing at $38.85. However, unusually low trading volume at 52% of normal accompanied the decline. The stock has declined -1.7% during the last week and has been weak relative to the market over the last nine months.
Current PriceTarget Research Rating
X’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be a modest Value Builder.
United States Steel has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. United States Steel has a very high Appreciation Score of 91 but a poor Power Rating of 16, and the Neutral Value Trend Rating results.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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