Is United States Steel Corporation (X) Stock Cheap Or Risky?

As of Thursday close, United States Steel Corporation’s (NYSE:X) stock was down -$0.5, moving down -2.02 percent to $24.22. The average number of shares traded per day over the past five days has been 13,907,760 shares. 1 time new highs have been achieved over the past 5 days, with a -$3.63 fall in that time frame. In the last twenty days, the average volume was 14,442,250, while in the previous 50 days, it was 16,803,785.


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Since last month, X stock retreated -33.15%. Shares of the company fell to $23.72 on 05/12/22, the lowest level in the past month. A 52-week high of $39.25 was reached on 04/01/22 after having rallying from a 52-week low of $17.98. Since the beginning of this year, X’s stock price has risen by 1.72% or $0.41, and marked a new high 19 times. However, the stock has declined by -38.29% since its 52-week high.

United States Steel Corporation (X) last reported insider trading activity 14 days ago on Apr 29. Grewal Manpreet, the VP, Controller & CAO of the company, disposed of 3,505 shares for $33.00 on Apr 29. It resulted in a $115,665 divestment by the insider. Breves Christine S sold 2,217 shares at an average price of $38.00 on Apr 14. The insider now owns 215,875 shares following the transaction. On Apr 06, SVP & CFO Breves Christine S sold 22,387 shares at $36.90 apiece. The transaction was valued at $826,080.

Valuation Metrics

Right now, United States Steel Corporation (X) has a P/E ratio of about 1.40. The stock’s beta is 2.01. Besides these, the trailing price-to-sales (P/S) ratio of 0.30, the price-to-book (PB) ratio of 0.65, and the price-to-cash flow ratio of 1.76 may also be considered.

The latest dividend of $0.05 per share was paid out, remained unchanged from last year’s $0.05. On Saturday October 30 2021, a $0.04 dividend increase was announced.

Financial Health

In the three months ended September 29, United States Steel Corporation’s quick ratio stood at 1.30, while its current ratio was 1.90, showing that the company is able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending September 29 was 0.40, and the total debt-to-equity ratio was 0.41. On the profitability front, the trailing twelve-month gross margin is 30.00% percent. In the year ended September 29, operating margins totaled 25.60%. Based on annual data, X earned $5.74 billion in gross profit and brought in $20.27 billion in revenue.

A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 34.80%. Return on equity (ROE) for the past 12 months was 61.20%.

In United States Steel Corporation’s quarter-end financial report for September 29, it reported total debt of $3.92 billion. According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. X’s revenue rose 30.0% to $5.62 billion during the quarter, while net income inched up to $5.23 billion. While analysts expected United States Steel Corporation to report $4.85 quarterly earnings, the actual figure was $5.36 per share, beating the consensus estimate by 10.50%. During the quarter, the company generated $1.32 billion in EBITDA. The liabilities of United States Steel Corporation were 9.43 billion at the end of its most recent quarter ended September 29, and its total debt was $4.08 billion. The value of shareholders’ equity is $260.63 million.

Technical Picture

This quick technical analysis looks at United States Steel Corporation’s (X) price momentum. With a historical volatility rate of 37.76%, the RSI 9-day stood at 13.33% on 12 May.

With respect to its five-day moving average, the current United States Steel Corporation price is down by -13.03% percent or -$3.63. At present, X shares trade -34.31% below its 20-day simple moving average and +4.94% percent above its 100-day simple moving average. However, the stock is currently trading approximately -15.96% below its SMA50 and -1.34% below its SMA200.

Stochastic coefficient K was 3.03% and Stochastic coefficient D was 2.75%, while ATR was 1.75. Given the Stochastic reading of 4.69% for the 14-day period, the RSI (14) reading has been calculated as 21.11%. As of today, the MACD Oscillator reading stands at -2.39, while the 14-day reading stands at -4.01.

Analyst Ratings

Morgan Stanley upgraded its rating on United States Steel Corporation (NYSE: X) to an Equal-weight in a note to investors on March 07, 2022. The analysts firm previously had an Underweight rating on the stock.United States Steel Corporation (X) has been rated Hold by analysts. According to 3 brokerage firms, X is a sell, and 5 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 1 analyst rate United States Steel Corporation stock as buy, with 5 recommending it as overweight.

With a median target price of $37.00, the current consensus forecast for the stock is $27.00 – $50.00. Based on these forecasts, analysts predict United States Steel Corporation (X) will achieve an average price target of $38.25.

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