Digging Into The Data: Cleveland-Cliffs Inc. (NYSE:CLF)

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Cleveland-Cliffs Inc. (NYSE:CLF) closed its last session at $8.81. The stock traded within a range of $8.67 and $8.90. The company operates in the Basic Materials sector with a market capitalization of 2.67 Million. Trading volume for Cleveland-Cliffs Inc. was 6.65 Million in its previous trading session. Currently, Cleveland-Cliffs Inc. (NYSE:CLF) has an average volume of 9.96 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

Cleveland-Cliffs Inc. (NYSE:CLF) received a Buy rating from 2 analysts. 0 analysts gave its stock an Outperform rating. 0 analysts say it’s a Hold while 0 analysts provided their expert opinion as Sell.

Cleveland-Cliffs Inc. (NYSE:CLF) touched its 1-Year High price of $9.15 on 01/25/18 and its 1-Year Low price of $5.56 on 11/15/17.

EPS & Financials

Cleveland-Cliffs Inc. (NYSE:CLF) reported its EPS in the last quarter as $-0.29/Share lagging the analyst estimate of $-0.22/Share by a difference of $-0.07. This showed a surprise of -31.8% in the last quarter earnings.

For the current quarter, 8 analysts are projecting a mean EPS of $0.48/share. According to their observations and findings, the stock could provide a high EPS of $0.71/share and a low EPS of $0.18/share.

Analysts believe that the company has the potential to earn average revenue of $641.77 Million for the current quarter. According to their predictions high & low revenue estimates are 757.42 Million and 576 Million respectively.

Technical Analysis

By taking a look at the stock’s current statistics it can gauged that the stock candle is BEARISH with LOW volatility. Cleveland-Cliffs Inc. (NYSE:CLF) has a 20-Day average volume of 8.2 Million. According to today’s trading volume Cleveland-Cliffs Inc. is BELOW its 20-Day Avg. volume with the stock showing BELOW 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 BULLISH trend as well.

The company currently has an insider ownership of 2.2 Percent and Institutional ownership of 66.7 Percent. The return on assets stands at 12.7%, Return on Equity currently is -48.7% and the Return on Investment value is 5.5%.

Cleveland-Cliffs Inc. (NYSE:CLF) gross margin percentage stands at 19.1% while its operating margin for the past trailing twelve month is 9.9 percent and its overall profit margin (ttm) is 14.7 Percent. The stock is currently moving above its 20-Day Simple Moving Average of 3.3% with a 50-Day Simple Moving Average of 12.14 percent. As of today, the company has a SMA200 (200-day simple moving average) of 20.19 Percent. The Stock has YTD (year to date) performance of 22.19 percent.

The TTM operating margin for the company stands at 9.9%. The return on invested capital is at 5.5%, which is good, compared to its peers. The Free Cash Flow or FCF margin is 31.74.

The company’s stock is currently moving with a +ve distance from the 200 day SMA of approximately 20.19%, and has a solid year to date (YTD) performance of 22.19% which means that the stock is constantly adding to its value from the previous fiscal year end price.