News articles about U.S. Steel (NYSE:X) have been trending somewhat positive on Monday, Accern Sentiment reports. Accern rates the sentiment of media coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. U.S. Steel earned a media sentiment score of 0.10 on Accern’s scale. Accern also assigned press coverage about the basic materials company an impact score of 44.5574796796741 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.

Here are some of the news stories that may have effected Accern Sentiment’s rankings:

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A number of analysts have weighed in on X shares. Citigroup upgraded U.S. Steel from a “neutral” rating to a “buy” rating and increased their price target for the stock from $18.55 to $47.64 in a report on Monday, April 2nd. Bank of America downgraded U.S. Steel from a “buy” rating to a “neutral” rating and set a $50.00 price target for the company. in a report on Friday, March 2nd. ValuEngine upgraded U.S. Steel from a “hold” rating to a “buy” rating in a report on Sunday, December 31st. Longbow Research upgraded U.S. Steel from a “neutral” rating to a “buy” rating in a report on Wednesday, December 20th. Finally, Argus reiterated a “buy” rating and set a $52.00 price target (up from $41.00) on shares of U.S. Steel in a report on Wednesday, February 21st. Two equities research analysts have rated the stock with a sell rating, nine have issued a hold rating, ten have assigned a buy rating and one has issued a strong buy rating to the company’s stock. U.S. Steel has a consensus rating of “Hold” and an average price target of $40.10.

NYSE X traded up $0.24 during trading hours on Monday, hitting $35.75. The company’s stock had a trading volume of 8,376,800 shares, compared to its average volume of 13,534,713. U.S. Steel has a 52 week low of $18.55 and a 52 week high of $47.64. The stock has a market cap of $6,245.61, a price-to-earnings ratio of 18.43, a PEG ratio of 0.89 and a beta of 2.97. The company has a debt-to-equity ratio of 0.81, a quick ratio of 1.11 and a current ratio of 1.75.

U.S. Steel (NYSE:X) last announced its quarterly earnings results on Wednesday, January 31st. The basic materials company reported $0.76 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.67 by $0.09. U.S. Steel had a net margin of 3.16% and a return on equity of 12.56%. The business had revenue of $3.13 billion for the quarter, compared to analysts’ expectations of $3.10 billion. During the same quarter last year, the firm earned $0.27 EPS. The firm’s revenue for the quarter was up 18.2% compared to the same quarter last year. sell-side analysts predict that U.S. Steel will post 4.99 EPS for the current year.

In related news, CEO David B. Burritt sold 36,072 shares of the firm’s stock in a transaction dated Tuesday, January 23rd. The shares were sold at an average price of $39.95, for a total value of $1,441,076.40. Following the transaction, the chief executive officer now owns 166,411 shares of the company’s stock, valued at approximately $6,648,119.45. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO David B. Burritt sold 6,936 shares of the firm’s stock in a transaction dated Tuesday, January 16th. The shares were sold at an average price of $39.95, for a total transaction of $277,093.20. Following the completion of the transaction, the chief executive officer now directly owns 179,567 shares in the company, valued at approximately $7,173,701.65. The disclosure for this sale can be found here. In the last ninety days, insiders sold 114,895 shares of company stock worth $4,742,234. 1.01% of the stock is owned by insiders.

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U.S. Steel Company Profile

United States Steel Corporation produces and sells flat-rolled and tubular steel products primarily in North America and Europe. It operates through three segments: Flat-Rolled Products (Flat-Rolled), U. S. Steel Europe (USSE), and Tubular Products (Tubular). The Flat-Rolled segment offers slabs, rounds, strip mill plates, sheets, and tin mill products.

Insider Buying and Selling by Quarter for U.S. Steel (NYSE:X)

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