Home / Street Sector / Active Broker’s Choice: AK Steel Holding Corporation (NYSE:AKS), Emerge Energy Services LP (NYSE:EMES)

Active Broker’s Choice: AK Steel Holding Corporation (NYSE:AKS), Emerge Energy Services LP (NYSE:EMES)

AK Steel Holding Corporation (NYSE:AKS) [Trend Analysis] try to make new thrust in street and making different trends, stocks trading ended with -0.50% to $7.96.  AK Steel (AKS) stated that it is raising current spot market base prices for all carbon flat-rolled steel products. The steel maker is increasing the prices of these products by a minimum of $40 per ton. The hike is effective immediately with new orders.

AK Steel’s earnings for third-quarter 2016 beat the Zacks Consensus Estimate. Sales fell by double digits year over year, but beat expectations. Shipments for the quarter reduced 24% year over year to 1,425,900 tons. AK Steel is well placed to gain from strength in the automotive market and higher shipment of steel products to automakers, supported by surged automotive builds. Healthy demand for the firm’s carbon and stainless steel products from its automotive consumers is predictable to continue in the balance of 2016.

Looking over the AKS ranking chart, the AKS got 4 analysts recommendation as a Buy security in previous month pool in contrast with 5 analysts gave buy ratings at this month. The call for hold was given by 9 analysts while call for sale was recommended by 1 analyst. Overall, the consensus ratings were for Overweight as compared to Hold rating in last month, courtesy to WSJ.

Struggling to find a way in profitable zone, the current EPS estimate trend for the next year first quarter was $0.14 while three months ago that trend was for $0.18. This contrasts with this year Q4 current estimates trend of $-0.04 while for one month was for $0.15. The fiscal year 2016 current estimate trend was for $0.19 as compared to FY 2017 current Estimate trends of $0.52.

The share price of AKS attracts active investors, as stock price of week volatility recorded 4.51%. The stock is going forward to its 52-week low with 385.37% and lagging behind from its 52-week high price with -3.86%.

Emerge Energy Services LP (NYSE:EMES) [Trend Analysis] attempts to attain leading position in street, Shares price changes as it -1.92% to close at $10.72 with the total traded volume of 2.07 Million shares. To assess the movement of stock we should look over what analysts have to say about the stock current performance. For the Q4 this year, the consensus current earnings per share trend estimates was for $-0.74 while for one month ago was $-0.81. On annual basis, the FY2016 Estimate trend at current was $-3.89 as compared to three months ago was $-4.50, according to WSJ analytic reports.

If we glance over stock price target, the analysts were fairly in stock’s favor assigning high price target of 20 and average price target of 10.75. Finally comes the ratings part in which the EMES was evaluated with 2 analysts of WSJ going for Buy ratings in previous quarter, while at present 3 analysts gave Buy ratings from whole pool. The 4 analysts gave Hold ratings in recent rating and 1 stands at “Underweight” position. To sum up all these views, EMES attains Overweight consensus rating in current rating pool.

The firm has institutional ownership of 58.90%, while insider ownership included 1.20%. Its price to sales ratio ended at 1.22. EMES attains analyst recommendation of 2.50 with week performance of -3.68%.

 

About Aaron Smithies

Aaron Smithies has a wide look on current monetary and financial events. He is an editor and a writer. His views; At Streetwise Report, we think the best opportunities arise from a complete understanding of all investing disciplines in order to identify the most attractive stocks at any given time. Interests: Biotech, Finical markets, Dividend stock ideas & income, Energy stocks, Consumer goods stocks

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