Short Term Outlook For AK Steel Holding Corporation (NYSE:AKS)


AK Steel Holding Corporation (NYSE:AKS) closed its last session at $6.43. The stock traded within a range of $6.28 and $6.49. The company operates in the Basic Materials sector with a market capitalization of 2.01 Million. Trading volume for AK Steel Holding Corporation was 18.51 Million in its previous trading session. Currently, AK Steel Holding Corporation (NYSE:AKS) has an average volume of 17.54 Million.

Company Profile

AK Steel produces flat-rolled carbon, stainless and electrical steel products, as well as carbon and stainless tubular steel products, for automotive, appliance, construction and manufacturing markets. AK Steel maintains a relentless pursuit of improvement in every critical performance measure. The result is a track record without equal.

Analyst Views

AK Steel Holding Corporation (NYSE:AKS) received a Buy rating from 2 analysts. 0 analysts gave its stock an Outperform rating. 1 analysts say it’s a Hold while 0 analysts provided their expert opinion as Sell.

AK Steel Holding Corporation (NYSE:AKS) touched its 1-Year High price of $10.78 on 01/24/17 and its 1-Year Low price of $ 4.00 on 11/15/17.

EPS & Financials

AK Steel Holding Corporation (NYSE:AKS) reported its EPS in the last quarter as $0/Share lagging the analyst estimate of $0.04/Share by a difference of $-0.04. This showed a surprise of -100% in the last quarter earnings.

For the current quarter, 12 analysts are projecting a mean EPS of $-0.13/share. According to their observations and findings, the stock could provide a high EPS of $0.03/share and a low EPS of $-0.19/share.

Analysts believe that the company has the potential to earn average revenue of $1.44 Billion for the current quarter. According to their predictions high & low revenue estimates are 1.49 Billion and 1.36 Billion respectively.

Technical Analysis

By taking a look at the stock’s current statistics it can gauged that the stock candle is BEARISH with HIGH volatility. AK Steel Holding Corporation (NYSE:AKS) has a 20-Day average volume of 15.88 Million. According to today’s trading volume AK Steel Holding Corporation 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 0.4 Percent and Institutional ownership of 66.8 Percent. The return on assets stands at 1.3%, Return on Equity currently is -26.3% and the Return on Investment value is 14.7%.

AK Steel Holding Corporation (NYSE:AKS) gross margin percentage stands at 13.7% while its operating margin for the past trailing twelve month is 4.1 percent and its overall profit margin (ttm) is 0.9 Percent. The stock is currently moving above its 20-Day Simple Moving Average of 9.77% with a 50-Day Simple Moving Average of 24.89 percent. As of today, the company has a SMA200 (200-day simple moving average) of 11.11 Percent. The Stock has YTD (year to date) performance of 13.6 percent.

The TTM operating margin for the company stands at 4.1%. The return on invested capital is at 14.7%, which is good, compared to its peers. The Free Cash Flow or FCF margin is 55.27.

The company’s stock is currently moving with a +ve distance from the 200 day SMA of approximately 11.11%, and has a solid year to date (YTD) performance of 13.6% which means that the stock is constantly adding to its value from the previous fiscal year end price.