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Scott Wachsler
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I manage Wax Ink.net, a baseline equity research company comprised of individual investors not licensed or registered with any government agency. I have been all cap value investor and independent equity researcher for the past 30 years, and believe that patience is the key to successful... More
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  • United States Steel Corporation - Value Alert 0 comments
    Aug 19, 2013 5:39 AM | about stocks: X

    Texas (August 19, 2013) Wax Ink has issued a Positive Investment Interest opinion for United States Steel Corporation (NYSE: X) based on a recent baseline equity review which placed fair value between $37-$45.

    The recent close of $18.82 is approximately 16% below the fair value buy target for the stock and approximately 59% below the fair value close target for the stock. The recent close is also 6% below analysts' twelve-month $20.00 median price target for the stock.

    The recent close represents an 17% decrease in the year over year price of the stock, while for the same period sales decreased3%, and earnings increased 26%.

    The stock currently has a trailing twelve-month PE Ratio of 4, and a PEG Ratio of (7.4) basis estimated forward earnings growth of (0.50%).

    In the past 52 weeks, share prices have moved between a high of $26.29 and a low of $15.80, placing equilibrium at $19.06.

    Basis the recent close, the stock is trading 40% below the 52 week high, 16% above the 52 week low, and 1% below equilibrium. The three month average daily trading volume is approximately 7,235,000 shares.

    United States Steel Corporationproduces and sells steel mill products in North America and Europe operating in three segments: Flat-Rolled Products, U. S. Steel Europe, and Tubular Products.

    The company's listed competitors include ArcelorMittal, Baosteel Group Corporation, and Nippon Steel and Sumitomo Metal Corporation.

    Financial information that may be contained herein, is based on the company's most recent annual SEC filing for year ending December 31, 2012. All prices are per share unless otherwise noted.

    Wax Ink currently has no investment position in any company mentioned in this alert.

    For use by Accredited Investors as defined under Title 17, CFR §230.500, Regulation D.

    Copyright © 2013 Wax Ink

    Wax Ink is a baseline equity research company not licensed or registered with any government agency

    Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

    Themes: Quick Picks Lists Stocks: X
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