(VIANEWS) – The NYSE ended the session with United States Steel (X) rising 27.53% to $50.16 on Tuesday while NYSE jumped 0.33% to $16,664.21.
United States Steel’s last close was $39.33, 7.34% above its 52-week high of $36.64.
About United States Steel
United States Steel Corporation produces and sells flat-rolled and tubular steel products primarily in North America and Europe. It operates through four segments: North American Flat-Rolled (Flat-Rolled), Mini Mill, U. S. Steel Europe (USSE), and Tubular Products (Tubular). The Flat-Rolled segment offers slabs, strip mill plates, sheets, and tin mill products, as well as iron ore and coke. This segment serves customers in the service center, conversion, transportation, automotive, construction, container, appliance, and electrical markets. The Mini Mill segment provides hot-rolled, cold-rolled, and coated sheets and electrical steel products. This segment serves customers in the automotive, appliance, construction, container, pipe and tube, sheet converter, electrical, industrial equipment, and service center markets. The USSE segment provides slabs, strip mill plates, sheets, tin mill products, and spiral welded pipes. This segment serves customers in the construction, container, appliance and electrical, service center, conversion, oil, gas, and petrochemical markets. The Tubular segment offers seamless and electric resistance welded steel casing and tubing products, as well as standard and line pipe and mechanical tubing products primarily to customers in the oil, gas, and petrochemical markets. The company also engages in the real estate business. United States Steel Corporation was founded in 1901 and is headquartered in Pittsburgh, Pennsylvania.
Earnings Per Share
As for profitability, United States Steel has a trailing twelve months EPS of $4.64.
PE Ratio
United States Steel has a trailing twelve months price to earnings ratio of 10.81. Meaning, the purchaser of the share is investing $10.81 for every dollar of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 10.63%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 14.8%, now sitting on 18.25B for the twelve trailing months.
Earnings Before Interest, Taxes, Depreciation, and Amortization
United States Steel’s EBITDA is 0.5.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Nov 2, 2023, the estimated forward annual dividend rate is 0.2 and the estimated forward annual dividend yield is 0.56%.
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