Stocks of United States Steel Corp (NYSE:X) traded higher last session on Wall Street, up 3.47% to $41.99.
X stock price is now 5.05% away from the 50-day moving average and 10.82% away from the 200-day moving average. The market capitalization of the company currently stands at $9.51B.
With the price target maintained at $38, JP Morgan recently Downgraded its rating from Overweight to Neutral for United States Steel Corp (NYSE: X). On March 31, 2025, BMO Capital Markets Downgraded its previous ‘Outperform’ rating to ‘Market Perform’ on the stock keeping its target price maintained at $45, while ‘Morgan Stanley’ rates the stock as ‘Equal-Weight’
In other news, Jaycox Kenneth E, Former Director bought 3,500 shares of the company’s stock on Sep 18 ’24. The stock was bought for $131,250 at an average price of $37.50. A total of 1.67% of the company’s stock is owned by insiders.
During the past 12 months, United States Steel Corp has had a low of $26.92 and a high of $46.18. As of last week, the company has a debt-to-equity ratio of 0.37, a current ratio of 1.55, and a quick ratio of 0.91. According to the stock market information, the enterprise value for the company is $12434841600, which is based on a 28.14 price-to-earnings ratio, a 1.31 price-to-earnings-growth ratio, and a beta of 1.80. The fifty day moving average price for X is $39.906 and a two-hundred day moving average price translates $37.87465 for the stock.
The latest earnings results from United States Steel Corp (NYSE: X) was released for 2024-12-31. The net profit margin was 2.46% and return on equity was 3.43% for X. The company reported revenue of $3.51 billion for the quarter, compared to $4.14 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -15.32 percent.
