United States Steel Corp. (NYSE:X)’s share price reached a new 52-week high on Tuesday . The company traded as high as $23.09 and last traded at $23.08, with a volume of 11,226,277 shares traded. The stock had previously closed at $21.31.

A number of equities analysts have weighed in on the stock. Vetr upgraded shares of United States Steel Corp. from a “sell” rating to a “hold” rating and set a $15.62 price target for the company in a research report on Thursday, March 31st. Argus reiterated a “hold” rating on shares of United States Steel Corp. in a research report on Monday, May 2nd. Jefferies Group reiterated a “sell” rating on shares of United States Steel Corp. in a research report on Sunday, June 12th. Cowen and Company reiterated a “market perform” rating and issued a $18.00 price target (up from $8.00) on shares of United States Steel Corp. in a research report on Thursday, April 28th. Finally, Macquarie lowered shares of United States Steel Corp. from a “neutral” rating to an “underperform” rating in a research report on Thursday, April 28th. Six investment analysts have rated the stock with a sell rating, twelve have given a hold rating and three have issued a buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of $14.86.

The firm’s 50 day moving average is $18.40 and its 200 day moving average is $14.41. The stock’s market cap is $3.36 billion.

United States Steel Corp. (NYSE:X) last posted its quarterly earnings data on Tuesday, April 26th. The company reported ($2.15) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($1.23) by $0.92. During the same period in the prior year, the firm earned ($0.07) earnings per share. The firm earned $2.34 billion during the quarter, compared to analyst estimates of $2.51 billion. The company’s revenue for the quarter was down 28.5% on a year-over-year basis. On average, analysts expect that United States Steel Corp. will post ($1.83) EPS for the current year.

In other news, Director Stephen J. Girsky acquired 2,000 shares of the firm’s stock in a transaction dated Thursday, May 5th. The stock was acquired at an average cost of $18.94 per share, with a total value of $37,880.00. Following the completion of the acquisition, the director now owns 2,000 shares of the company’s stock, valued at $37,880. The acquisition was disclosed in a legal filing with the SEC, which is available through this link.

Other large investors recently modified their holdings of the company. Nationwide Fund Advisors increased its stake in shares of United States Steel Corp. by 0.3% in the fourth quarter. Nationwide Fund Advisors now owns 245,401 shares of the company’s stock valued at $1,958,000 after buying an additional 788 shares in the last quarter. Rhumbline Advisers increased its stake in shares of United States Steel Corp. by 1.8% in the fourth quarter. Rhumbline Advisers now owns 212,658 shares of the company’s stock valued at $1,697,000 after buying an additional 3,770 shares in the last quarter. California State Teachers Retirement System increased its stake in shares of United States Steel Corp. by 1.6% in the fourth quarter. California State Teachers Retirement System now owns 278,509 shares of the company’s stock valued at $2,223,000 after buying an additional 4,355 shares in the last quarter. BNP Paribas Arbitrage SA increased its stake in shares of United States Steel Corp. by 7.0% in the fourth quarter. BNP Paribas Arbitrage SA now owns 293,150 shares of the company’s stock valued at $2,339,000 after buying an additional 19,135 shares in the last quarter. Finally, California Public Employees Retirement System increased its stake in shares of United States Steel Corp. by 17.1% in the fourth quarter. California Public Employees Retirement System now owns 495,600 shares of the company’s stock valued at $3,955,000 after buying an additional 72,500 shares in the last quarter.

United States Steel Corporation (U. S. Steel) is an integrated steel producer. The Company is engaged in producing flat-rolled and tubular products with production operations in North America and Europe. The Company operates through three segments: Flat-Rolled Products (Flat-Rolled), U. S. Steel Europe (USSE) and Tubular Products (Tubular).

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