United States Steel Corp [X] stock prices are up 3.18% to $38.95 at the moment. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The X shares have gain 2.69% over the last week, with a monthly amount glided 7.21%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
United States Steel Corp [NYSE: X] stock has seen the most recent analyst activity on February 03, 2025, when Morgan Stanley downgraded its rating to a Equal-Weight and also boosted its price target to $39 from $39. On September 09, 2024, upgrade upgraded it’s rating to Overweight and revised its price target to $42 on the stock. Exane BNP Paribas upgraded its rating to a Outperform but stick to its price target of $40 on September 06, 2024. BMO Capital Markets upgraded its rating to a Outperform and raised its price target to $45 on June 26, 2024. Jefferies started tracking with a Buy rating for this stock on May 20, 2024, and assigned it a price target of $45. In a note dated May 06, 2024, Morgan Stanley upgraded an Overweight rating on this stock and revised its target price from $51 to $48.
The stock price of United States Steel Corp [X] has been fluctuating between $26.92 and $48.12 over the past year. Currently, Wall Street analysts expect the stock to reach $39.52 within the next 12 months. United States Steel Corp [NYSE: X] shares were valued at $38.95 at the most recent close of the market. An investor can expect a potential return of 1.46% based on the average X price forecast.
Analyzing the X fundamentals
The United States Steel Corp [NYSE:X] reported sales of 15.63B for trailing twelve months, representing a drop of -15.94%. Gross Profit Margin for this corporation currently stands at 0.08% with Operating Profit Margin at 0.02%, Pretax Profit Margin comes in at 0.03%, and Net Profit Margin reading is 0.02%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.03 and Total Capital is 0.02. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.01.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 38.02 points at the first support level, and at 37.08 for the second support level. However, for the 1st resistance point, the stock is sitting at 39.91, and for the 2nd resistance point, it is at 40.86.
Ratios To Look Out For
It’s worth pointing out that United States Steel Corp [NYSE:X]’s Current Ratio is 1.55. Also, the Quick Ratio is 0.91, while the Cash Ratio stands at 0.41. Considering the valuation of this stock, the price to sales ratio is 0.56, the price to book ratio is 0.77 and price to earnings (TTM) ratio is 26.10.
Transactions by insiders
Recent insider trading involved Jaycox Kenneth E, Former Director, that happened on Sep 18 ’24 when 3500.0 shares were purchased.
