United States Steel Corp. (NYSE:X) shares fell 2.2% on Monday . The company traded as low as $18.74 and last traded at $18.90, with a volume of 13,787,300 shares trading hands. The stock had previously closed at $19.33.

A number of research firms recently weighed in on X. Jefferies Group reaffirmed a “sell” rating on shares of United States Steel Corp. in a research report on Sunday, June 12th. Vetr downgraded shares of United States Steel Corp. from a “sell” rating to a “strong sell” rating and set a $16.01 target price for the company. in a research report on Monday, July 11th. Credit Suisse Group AG raised shares of United States Steel Corp. to an “outperform” rating and raised their target price for the company from $22.00 to $26.00 in a research report on Wednesday, June 8th. Barclays PLC raised their target price on shares of United States Steel Corp. from $16.00 to $22.00 and gave the company an “equal weight” rating in a research report on Wednesday, August 3rd. Finally, Clarkson Capital raised shares of United States Steel Corp. from a “sell” rating to a “neutral” rating in a research report on Tuesday, August 2nd. Five equities research analysts have rated the stock with a sell rating, twelve have assigned a hold rating, five have assigned a buy rating and one has given a strong buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus price target of $20.18.

The stock’s 50 day moving average is $22.46 and its 200 day moving average is $17.37. The company’s market cap is $2.77 billion.

United States Steel Corp. (NYSE:X) last issued its quarterly earnings results on Tuesday, July 26th. The company reported ($0.31) earnings per share for the quarter, topping the Zacks’ consensus estimate of ($0.49) by $0.18. During the same period last year, the firm posted ($0.79) earnings per share. The company earned $2.58 billion during the quarter, compared to analysts’ expectations of $2.68 billion. United States Steel Corp.’s quarterly revenue was down 10.9% compared to the same quarter last year. On average, equities research analysts anticipate that United States Steel Corp. will post ($0.72) earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Saturday, September 10th. Investors of record on Wednesday, August 10th will be issued a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a dividend yield of 1.06%. The ex-dividend date is Monday, August 8th.

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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