United States Steel (X) earnings: expect 3% revenue growth

1:16 pm ET, 01 May 2019

United States Steel Corporation (X) is announcing earnings on May 02, after the market closes. Wondering what revenue and earnings will look like?

What should you expect from the upcoming earnings?

Revenue for the next quarter is expected to be $3.25B, which implies 3% growth rate year-over-year.

Earnings per share are expected to come in at $0.17. If this materializes, EPS will decline -47% year-over-year.

How did the stock do last month?

Over the last month, United States Steel Corporation (X) returned -18.47%.

How is the stock valued?

United States Steel Corporation (X) forward P/E ratio is 7.02, and it’s low compared to its industry peers’ P/E ratio.

What do analysts say about the stock?

United States Steel Corporation (X) average analyst price target is 56.28% above its current price ($15.60).

For the latest price and information on United States Steel Corporation, please visit Finstead and ask for "X", "X analysis" or "X news".

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United States Steel Corporation (X) Stock Guide

Updated at: 8:50 pm ET, 18 Sep 2020

Before we start: if you're looking for X stock price, you can quickly find it out by visiting Finny and typing "X quote". If you're looking for a quick scoop on X stock (chart, price target, market cap, news and buy or sell analysis), go to Finny and look for "X". You'll get all this info in one place. Or you can just type "X news" to get the latest stock news.

Looking to buy or sell United States Steel Corporation (X)? Interested in getting the full scoop on X, including earnings and dividends, stock forecast, buy or sell analysis and key stats? If so, you came to the right place.

In this X stock guide, we'll address key questions about X, above and beyond what you can find on Yahoo Finance, Zacks, MarketWatch or Morningstar.

Here is what you'll be able to find in this guide:

Earnings and Dividends: earnings, earnings date, dividend rate and dividend yield;
Analyst Predictions: stock forecast and analyst ratings;
Analysis: Finny Score and buy or sell analysis;
Key Stats: revenue, market cap, revenue growth, profit margin, P/E ratio, P/B ratio, industry, sector, and number of employees.

And here is the list of questions we'll answer:
1. What are X earnings?
2. What is X dividend?
3. What is X dividend yield?
4. What is X stock forecast (i.e., prediction)?
5. X buy or sell? What is X Finny Score?
6. What are the reasons to buy X? Why should I buy X stock?
7. What are the reasons to sell X? Why should I sell X stock?
8. What are X key stats: revenue, market cap, revenue growth, profit margin, P/E ratio, P/B ratio industry, sector, and number of employees?

So let's start. Scroll down to the question that interests you the most.

Earnings and Dividends

1. What are X earnings?

X trailing 12-month earnings per share (EPS) is -$10.10.

2. What is X dividend?

X forward dividend is $0.04.

3. What is X dividend yield?

X forward dividend yield is 0.5%.

Analyst Predictions

4. What is X stock forecast (i.e., prediction)?

Based on X analyst price targets, X stock forecast is $6.08 (for a year from now). That means the average analyst price target for X stock is $6.08. The prediction is based on 15 analyst estimates.

The low price target for X is $3.00, while the high price target is $13.00.

X analyst rating is Buy.

Analysis

5. X buy or sell? What is X Finny Score?

#{finnyScore:60}Our quantitative analysis shows 6 reasons to buy and 4 reasons to sell X, resulting in Finny Score of 60.

6. What are the reasons to buy X? Why should I buy X stock?

Here are the reasons to buy X stock:

  • Blast furnace operators have a high proportion of fixed costs, which offers the potential for significant margin expansion when capacity utilization increases.
  • The company has a high degree of raw material self-sufficiency relative to peers, which allows for greater control over input costs.
  • Leverage to energy-related end markets via OCTG production provides the company with a greater degree of diversification than many of its peers.
  • X profitability is improving. The YoY profit margin change was 7.45 percentage points. See X profitability chart.
  • X Price/Book ratio is 0.48, which is low compared to its industry peers’ P/B ratios. See X forward Price/Book ratio chart.
  • X Price/Sales ratio is 0.16, which is low compared to its industry peers’ P/S ratios. See X forward Price/Sales ratio chart.
  • X average analyst rating is Buy. See X analyst rating chart.
  • X cash to debt ratio is 0.39, higher than the average industry (0.10) and sector (0.07) cash to debt ratio. See X cash to debt chart.
  • X Enterprise Value/Revenue multiple is 0.49, which is low compared to its industry peers’ Enterprise Value/Revenue multiples. See X Enterprise Value/Revenue chart.

7. What are the reasons to sell X? Why should I sell X stock?

Let's look at the reasons to sell X stock (i.e., the bear case):

  • The company's high degree of operating leverage leads to higher earnings volatility as market conditions change.
  • Low-priced imports account a large share of the U.S. OCTG market, and therefore the company’s potential to command higher OCTG prices is limited.
  • The company has a sizable pension liability that will require significant cash contributions over our explicit forecast period.
  • X quarterly revenue growth was -41.00%, lower than the industry and sector average revenue growth (-0.25% and 0.19%, respectively). See X revenue growth chart.
  • X average analyst price target ($6.08) is below its current price ($8.82). See X price target chart.
  • X short share of float is 21.43%. The stock is much more frequently shorted than the average industry, sector or S&P 500 stock. See X short share of float chart.
  • X short interest (days to cover the shorts) ratio is 4.57. The stock garners more short interest than the average industry, sector or S&P 500 stock. See X short interest ratio chart.

Key Stats

8. What are X key stats : revenue, market cap, revenue growth, profit margin, P/E ratio, P/B ratio industry, sector, and number of employees?

Let's look at the key statistics for X:

Metrics X
Price $7.37
Average Price Target / Upside $6.08 / -17.45%
Average Analyst Rating Buy
Forward Dividend Yield 0.50%
Industry Steel
Sector Basic Materials
Number of Employees 29,000
Market Cap $1.72B
Forward P/E Ratio -5.13
Price/Book Ratio 0.16
Revenue (TTM) $10.73B
YoY Quarterly Revenue Growth -41.00%
Profit Margin -16.14%

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