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The shares of Cliffs Natural Resources Inc. (NYSE: CLF) rose 0.71% during the most recent trading session to reach the closing price of $ 8.47. The stock traded 5.85 million shares against an average trading capacity of 9.37 million shares, or a market capitalization of $ 2.52 billion. Wall Street analysts covering the stock expect the stock to reach $ 9.75 in the next 52 weeks. Targets average predictions are based on 10 opinions
While street broker analysts have a broader perspective, Cliffs Natural Resources Inc. (NYSE: CLF) has a high price target of $ 12 and a conservative view price target of $ 8.
Morgan Stanley "Maintained" Cliffs Natural Resources Inc. (NYSE: CLF) in a research note issued to investors on 6/26/18 equal weight with the $ 8 price target.
5/09/18 Seaport Global "launches cover on" Cliffs Natural Resources Inc. (NYSE: CLF) to set price target at $ 10 and on 24/04/18 Morgan Stanley "maintained" the stock tied at $ 7.5. In addition, on March 20, 18, Goldman Sachs "initiates the hedge on" the stock at $ 8 neutral.
On the other hand, the company has a relative strength index (RSI 14) of 51.18 with Average True Range (ATR 14) of 0.34, therefore, the weekly and monthly volatility of Cliffs Natural Resources Inc (NYSE: CLF) is 4.02% or 3.67% respectively. The beta value of the company is at 1.5
In terms of Buy, Sell or Hold recommendations, Cliffs Natural Resources Inc. (NYSE: CLF) has an average recommendation from analysts of 2.2. This is on a simplified scale from 1 to 5 where 1 represents a strong buy and 5 a strong sell.
According to analysts, the minimum BPA of Cliffs Natural Resources Inc. (NYSE: CLF) for the current quarter is $ 0.39 and can go high up to $ 0.71. Consensus means that EPS for the current quarter is $ 0.53, based on a total of 9 analysts' estimates that weighed on expected earnings. However, the company reported earnings per share of $ 0.11 for the same quarter last year.
Cliffs Natural Resources Inc. (NYSE: CLF) reported earnings per share of $ -0.29 for the quarter, with a consensus estimate of $ 0.22 per $ -0.07. Cliffs Natural Resources Inc.'s (NYSE: CLF) revenue forecast for the current quarter is $ 651.8 million based on the number of analysts 7, for the current quarter the company has estimated high revenues $ 757.42 million, in contrast to low revenue estimates of $ 576 million. For the current year, the company's revenue estimates are $ 2.3 billion, compared with $ 2.06 billion for analysts and $ 2.43 billion for analysts, depending on the number of analysts. # 39; analysts. insiders are 2.1%, while shares held by institutional owners are 66.7%. However, the six-month change in insider participation was -0.1%, as was the change in institutional ownership of 0.67% over three months.
Cliffs Natural Resources Inc.'s (NYSE: CLF) 12-month turnover is $ 2.11 billion, while its price-to-sales ratio for the same period is 1.19. Its book value per share for the last quarter is $ -1.63, while its price-to-book ratio for the same period is 0, while its cash position per share for the last quarter is $ 2.96, but its price per share ratio for the same period is 2.86. The stock has a PEG ratio expected over five years of 0 while its price / earnings ratio at twelve months is 0.
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