A Fresh Look At Cliffs Natural Resources Inc. (NYSE:CLF)


Cliffs Natural Resources Inc. (NYSE:CLF) closed its last session at $8.04. The stock traded within a range of $7.71 and $8.12. The company operates in the Basic Materials sector with a market capitalization of 2.42 Million. Trading volume for Cliffs Natural Resources Inc. was 18.62 Million in its previous trading session. Currently, Cliffs Natural Resources Inc. (NYSE:CLF) has an average volume of 11.37 Million.

Company Profile

Cleveland-Cliffs Inc. is an iron ore mining company primarily in the United States. The company is a supplier of iron ore pellets to the North American steel industry from our mines and pellet plants located in Michigan and Minnesota. Cleveland-Cliffs Inc, formerly known as Cliffs Natural Resources Inc., is headquartered in Cleveland, Ohio.

Analyst Views

Cliffs Natural Resources Inc. (NYSE:CLF) touched its 1-Year High price of $12.37 on 02/13/17 and its 1-Year Low price of $ 5.56 on 06/15/17.

EPS & Financials

Cliffs Natural Resources Inc. (NYSE:CLF) reported its EPS in the last quarter as $0.18/Share lagging the analyst estimate of $0.32/Share by a difference of $-0.14. This showed a surprise of -43.8% in the last quarter earnings.

For the current quarter, 7 analysts are projecting a mean EPS of $0.2/share. According to their observations and findings, the stock could provide a high EPS of $0.25/share and a low EPS of $0.14/share.

Analysts believe that the company has the potential to earn average revenue of $619.77 Million for the current quarter. According to their predictions high & low revenue estimates are 673.1 Million and 552 Million respectively.

Technical Analysis

By taking a look at the stock’s current statistics it can gauged that the stock candle is BULLISH with MEDIUM volatility. Cliffs Natural Resources Inc. (NYSE:CLF) has a 20-Day average volume of 11.68 Million. According to today’s trading volume Cliffs Natural Resources Inc. is ABOVE its 20-Day Avg. volume with the stock showing ABOVE Abnormal volume in the past 150 days.

Moving average convergence divergence (MACD) shows that the stock is on a PRICE RELATIVITY trend. The trend for the past 10-days shows that the company was in BULLISH territory while an analysis of the last 40-Day trend shows a BULLISH signal. The 100-Day trend also shows a BEARISH trend as well.

The company currently has an insider ownership of 1.8 Percent and Institutional ownership of 58.4 Percent. The return on assets stands at 7%, Return on Equity currently is -13.9% and the Return on Investment value is 59%.

Cliffs Natural Resources Inc. (NYSE:CLF) gross margin percentage stands at 23.5% while its operating margin for the past trailing twelve month is 11.9 percent and its overall profit margin (ttm) is 5.5 Percent. The stock is currently moving above its 20-Day Simple Moving Average of 17.3% with a 50-Day Simple Moving Average of 22.86 percent. As of today, the company has a SMA200 (200-day simple moving average) of 15.09 Percent. The Stock has YTD (year to date) performance of 11.51 percent.

The TTM operating margin for the company stands at 11.9%. The return on invested capital is at 59%, which is good, compared to its peers. The Free Cash Flow or FCF margin is 7.23.

The company’s stock is currently moving with a +ve distance from the 200 day SMA of approximately 15.09%, and has a solid year to date (YTD) performance of 11.51% which means that the stock is constantly adding to its value from the previous fiscal year end price.