AKS Stock: Top Stock Picks for the Day: AK Steel Holding Corporation

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AK Steel Holding Corporation (NYSE:AKS) shares were trading lower by -1.74 percent ($-0.1) at $5.66 a piece in Monday’s session. It had closed the previous session at $5.76. AKS trades with a P/S ratio of 0.3. This is lower than the both industry’s 0.91 and the wider sector’s 3.45. A low price-to-sales ratio, typically less than 1.0, is considered a good value. Also, it has an estimated price-earnings (P/E) multiple of 9.66 and a trailing 12-month price-earnings (P/E) multiple of 37.99. Shares of AKS have uptrended 1.25% in the past three months, while the S&P 500 has moved -4.59% in that time. AK Steel Holding Corporation (AKS) has a market cap of $1.81 billion and over the last 12 months, AK Steel Holding Corporation (NYSE:AKS) has gone weaker by -45.05%. During the last 52 weeks, the (NYSE:AKS) price has been as high as $11.28 and as low as $4. AK Steel Holding Corporation earnings have risen with an annualized rate of 52.6% over the last 5 years.

AK Steel Holding Corporation (Mean Target Price: $5.75)

The average 1-year price target for AK Steel Holding Corporation (AKS) — averaging the work of different analysts — reveals a mean PT of $5.75/share. That’s a potential 1.59 increase relative to where AK Steel Holding Corporation (NYSE:AKS) has been trading recently. The current price is seen ranging between $5.65 and $5.805. There are brokerage firms with lower targets than the average, including one setting a price target of $4. And then on the other side of the spectrum one analyst entrenched in the bullish camp has a target as high as $8.

AK Steel Holding Corporation (AKS) Consensus Recommendation

The collective rating of 2.3 for AK Steel Holding Corporation (NYSE:AKS) also leans strongly towards the neutral end of the spectrum. Of the 12 analysts surveyed by Reuters that track AKS 6 of them rate its stock a hold. The other 6, though not evenly; between analysts who think you should buy AK Steel Holding Corporation versus those who think you should sell it. A 6 analysts rate it as either a buy or a strong buy, while0 believe that investors should either steer clear of AKS or, if they already own its stock, sell it.

Is NovaGold Resources Inc. (NYSE:NG) Cheap From Peers?

NovaGold Resources Inc. (NG) knifed -1.75 percent lower and now trades for $3.93. . . During the last 52 weeks, the price has been as high as $6.21 and as low as $3.35. NovaGold Resources Inc. (NYSE:NG) earnings have declined with a quarterly rate of 0% over the last 5 years. Shares of NG have sank -4.61% in the past three months.

NovaGold Resources Inc. (Price Objective: $7.09)

NovaGold Resources Inc. (NYSE:NG) has a market cap of $1.28 billion and over the last 12 months, NG has declined by -16.56%. The average 1-year price target for (NG) reveals an average price target of $7.09 per share. That’s a potential 80.41 gain from where (NYSE:NG) has been trading recently. There are brokerage firms with lower targets than the average, including one setting a price target of $6.28. And then on the other side of the spectrum one analyst entrenched in the bullish camp has a target as high as $8.

Analyst Thoughts About NovaGold Resources Inc. (NYSE:NG)

The consensus recommendation — averaging the work of 3 analysts — of 2 for NovaGold Resources Inc. (NG) points to moderate case. Of the analysts surveyed by Reuters that track NovaGold Resources Inc. 1 of them rate its stock a hold. The other 2 are split, though not evenly, between analysts who think you should buy its stock versus those who think you should sell it. A 2 analysts rate it as either a buy or a strong buy, while 0 believe that investors should either steer clear of (NYSE:NG) or, if they already own its stock, sell it.

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