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Noticeable Stock: Cliffs Natural Resources Inc (NYSE:CLF)

11 February, 2017, 00:27 | Author: Paula Vaughn
  • Cliffs Natural Resources Inc. Gained a Massive 432% in 2016. Is There Room to Run in 2017?

The firm's 50 day moving average is $8.97 and its 200 day moving average is $7.43. The mean PT for this stock is at $13.39 while the max. level suggested by the brokerage firms is $19.00 and min. PT is $7.00.

Cliffs Natural Resources Inc is a mining and natural resources company.

Cliffs Natural Resources Inc (NYSE:CLF) shares jumped 19.84 percent during the regular trading hours on Monday following the strong quarterly numbers. (NYSE:CLF) reported Q3 earnings loss of -$0.12, missing consensus estimates of $0.17. Macquarie Maintains the stock to Outperform on 8/29/16 by stationing a price target of $10. The Company has 52-week high of $10.9 and 52-week low of $1.67.

Chesapeake Energy Corporation (NYSE:CHK), stock is trading $8.20 above the 52-week high and has displayed a high EPS growth of -61.30% in last 5 years.

CLF has been the subject of several analyst reports. Number of analysts are covering this stock and now stock has got OUTPERFORM rating from 2 analysts of Thomson Reuters, 8 analysts given HOLD rating to the stock and 0 given UNDERPERFORM rating. While some analysts have a High Price target for the stock of $11 and a Low Price Target of $6.

"Cliffs Natural Resources has scheduled it's fourth quarter conference call for February 5th and a beat on Earnings and Revenue with stronger guidance for 2017 and this stock could easily be back to $15.00 by mid-summer if not sooner".

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ATR value of company was 0.53. 1 of Wall Street analysts have an underperform rating; the 0 sells versus 0 buy or better ratings. Cliffs Natural Resources Inc.is expected to lift sales by 11.27% in next year to $2.27B. (NYSE:CLF) reported its Actual EPS of $-0.12/share.

For the upcoming quarter, initial predictions are anticipating that the company will post earnings of $0.16 per share according to consensus of 6 analysts. On average, equities research analysts predict that Cliffs Natural Resources Inc. will post $0.71 earnings per share for the current fiscal year.

The company's price to free cash flow for trailing twelve months is 27.22. It closed the session at $5.27 with a volume of 20737600 shares. The current share price indicate that stock is 4.31% away from its one year high and is moving 584.94% ahead of its 52-week low.

For the fourth quarter of 2016, the Company recorded net income of $81 million compared to a net loss of $58 million recorded in the prior-year quarter. The mean PT is calculated considering the consensus of 7 analysts. The Return on Investment (ROI) is at 0% while it's Return on Equity (ROE) value stands at -1.7%. The stock has a 1-month performance of -8.92 percent and is -17.93 percent year-to-date as of the recent close. Acquires Shares of 1,140,100 Cliffs Natural Resources Inc. As a result of those volumes, and its expectation for steady pricing of iron ore and steel, the company expects adjusted EBITDA to more than double this year to $850 million. The share price is now -6.75 percent versus its SMA20, -15.49 percent versus its SMA50, and -28.11 percent versus its SMA200.

The price/earnings ratio (P/E) is 28.85 and the forward P/E ratio stands at 10.87.

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