Mercoledì, 26 Ottobre, 2016

Trader's Buzzers: Cliffs Natural Resources Inc. (NYSE:CLF)

Could Cliffs’s US Volumes Spring a Surprise with 3Q16 Results Price Trends to Watch: Cliffs Natural Resources Inc. (NYSE:CLF)
Remigio Civitarese | 19 Ottobre, 2016, 22:44

Finally, Macquarie decreased their target price on shares of Cliffs Natural Resources from $11.00 to $10.00 and set an "outperform" rating for the company in a research report on Monday, August 29th. Stock analysts at FBR & Co cut their Q3 2016 EPS estimates for shares of Cliffs Natural Resources in a report released on Thursday. The firm has its price to sale ratio was 0.56. The Company expected to announce next earnings approximately $0.24 per share. McDonald's Corp. has P/S value of 3.82 while its P/B value stands at 150.34. The company shows Gross Margin and Operating Margin of 39.8 percent and 30 percent respectively. "0" brokerage firms have issued "Sell" rating for the company and "Strong Sell" rating was issued by "1" brokerage firms. Seven investment analysts have rated the stock with a sell rating, five have given a hold rating and two have given a buy rating to the stock.

Cliffs Natural Resources Inc.(CLF) has moved -4.54% below its 50-day simple moving average of $5.77 and went up 29.69% from its 200-day simple moving average of $5.34. During the last trade, shares reached to high price of $3.59 and touched the low price of $3.38. The report will be for the fiscal Quarter ending Sep 2016. During the same quarter in the previous year, the business posted ($0.28) EPS. Schwab Charles Investment Management Inc. increased its position in shares of Cliffs Natural Resources by 186.3% in the second quarter.

Cliffs Natural Resources Inc.'s (CLF) is a part of Basic Materials sector and belongs to Industrial Metals & Minerals industry. The Company is a supplier of iron ore pellets to the North American steel industry from its mines and pellet plants located in MI and Minnesota. The company is also boosting its mining and transportation capacity globally. The stock tapped a 52-week high of US$16.49 while the mean 12-month price target for the shares is US$17.43. The median estimate represents a 21.72% increase from the last price of 5.34. 5 analysts have suggested the company is a "Hold". Cliffs Natural Resources's revenue for the quarter was down.4% compared to the same quarter previous year.

According to Zacks Investment Research, Valero Energy Corporation has a Consensus Recommendation of 2.53. (NYSE:CLF) added 2.12% and closed its last session at $5.78. Cliffs Natural Resources has a 12 month low of $1.20 and a 12 month high of $8.45. Relative volume is ratio between current volume and 3-month average value, intraday adjusted. The stock has the market capitalization of $1.33 Billion with the total outstanding shares of 230.88 Million. CLF's value Change from Open was at 0.35% with a Gap of 1.77%. Higher EPS estimate is noted at $0.05 while lowest EPS estimate among analysts is targeted at $-0.10. This shows a surprise factor of 250 percent.

Along with these its year to date performance is standing at 265.82%.

US based company, Cliffs Natural Resources Inc.'s (CLF)'s latest closing price distance was 32.83% from the average-price of 200 days while it maintained a distance from the 50 Day Moving Average at -3.43% and -0.55% compared with the 20 Day Moving Average. The company has Weekly Volatility of 5.30%% and Monthly Volatility of 4.65%%. The company's 50 day moving average price is $5.77 and its 200 day moving average price is $5.34. The company now has Return on Assets of 2.2 percent, Return on Equity of -2% and Return on Investment of 0 percent.

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