BMO Capital analyst David Gagliano maintained a Hold rating on United States Steel (NYSE:X) on Friday, setting a price target of $31, which is approximately 30.14% above the present share price of $23.82.
Gagliano expects United States Steel to post earnings per share (EPS) of $0.36 for the second quarter of 2021.
The current consensus among 6 TipRanks analysts is for a Hold rating of shares in United States Steel, with an average price target of $32.33.
The analysts price targets range from a high of $41 to a low of $25.
In its latest earnings report, released on 03/31/2021, the company reported a quarterly revenue of $3.66 billion and a net profit of $306 million. The company's market cap is $6.42 billion.
According to TipRanks.com, BMO Capital analyst David Gagliano is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 6.8% and a 48.09% success rate.
United States Steel Corp. engages in the manufacturing and selling of steel products. It operates through the following business segments: Flat-Rolled Products, U.S. Steel Europe, and Tubular Products. The Flat-Rolled Products segment includes managing steel plants and production facilities that manufacture steel slabs, rounds, strip mill plates, sheets, tin mill, iron ore, and coke. The U.S. Steel Europe segment offers producing and marketing strip mill plates, spiral welded pipe, heating radiators, refractory ceramic materials. The Tubular Products segment involves in manufacturing and trading seamless and electric resistance welded steel casing and tubing. line pipe, and mechanical tubing. The company was founded in 1901 by Andrew Carnegie, John Pierpont Morgan, Charles Michael Schwab and Elbert Henry Gary and is headquartered in Pittsburgh, PA.