Cliffs Natural Resources Inc. (CLF), AK Steel Holding Corporation (AKS)

  • Cliffs Natural Resources Inc. (CLF), AK Steel Holding Corporation (AKS)

Cliffs Natural Resources Inc. (CLF), AK Steel Holding Corporation (AKS)

(NYSE:CLF) belongs to Basic Materials sector that surged 6.91% in value when last trading session closed at $11.92. The stock has a market cap of $2.58 billion, a price-to-earnings ratio of 12.80 and a beta of 1.63.

In the trailing 12 months period, return on assets ratio of the Company was 9.40% and return on equity ratio was -10.40% while its return on investment ratio was 59.00%. The stock has 52-week high of $11.7 and 52-week low of $1.72. Shares in both Cliffs Natural Resources and CB&I could continue climbing if Donald Trump's plans for economic growth win traction. (NYSE:CLF) according to Finviz Data is $0.33.

Growth Estimate for Cliffs Natural Resources Inc.

Cliffs Natural Resources (NYSE:CLF) last released its earnings results on Thursday, February 9th. Comparatively, growth in the past five years was -53.81 percent (per annum). The average revenue estimate for the year ending December 2016 is $2.04B by 5 analysts.

This company was Upgrade by Morgan Stanley on 14-Nov-16 to Equal-Weight.

Cliffs Natural Resources Inc.'s (CLF) witnessed a gain of 6.91% in recent trading period with closing price of $11.92. Studies indicate that the stock prices of firms with significant positive earnings surprises show above-average performance, while those with negative surprises have below-average performance. It has met expectations 0 times and missed earnings 3 times.

"Cliffs Natural Resources Post Q2 2017 Earnings of $0.60 Per Share, FBR & Co Forecasts (CLF)" was first reported by BBNS and is the property of of BBNS.

The company's consensus rating on Reuter's scale improved from 2.73 to 3 during a month. In comparison, the consensus recommendation 60 days ago was at 2.43, and 90 days ago was at 2.53 respectively. The original version of this news story can be read at

Revenue is expected to range from 336.75 Million to 463.53 Million with an average of 396.67 Million. Zacks Investment Research upgraded Cliffs Natural Resources from a "hold" rating to a "buy" rating and set a $10.00 price objective for the company in a research report on Tuesday, January 17th. The company operates five iron ore mines in Michigan and Minnesota; and Koolyanobbing iron ore mining complex located in Western Australia, which produces lump and fines iron ore. Cliffs also owns 80.4% of Portman, an iron ore mining company in Australia, serving the Asian iron ore markets with direct-shipping fines and lump ore. The company already markets fast-growing drugs, including the multibillion-dollar anticoagulant Eliquis and the fast-growing cancer drug Ibrance, and its investments in biosimilars could position it as a leader in an emerging market that could be worth tens of billions of dollars annually. Teacher Retirement System of Texas now owns 19,954 shares of the mining company's stock worth $113,000 after buying an additional 3,189 shares during the period. Expect increased sales in the current quarter as well. The projected growth estimate for the next quarter is -29.4 percent. The Notes will bear interest at an annual rate of 5.75 percent and will be issued at a price of 100.00 percent of their principal amount. A Director in the company, Rychel Eric M, disclosed a transaction on Wednesday November 02, 2016 that ended up paying $27,001 from the purchase of 5,000 shares at $5.55 per share. In the past week, the company has outperformed the S&P 500 by 25.83% and the outperformance has advanced to 18.64% for the last 4 weeks period. Their 52-Week High and Low are noted here. The stock has an average rating of "Hold" and an average target price of $7.92.