Home » Money

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".

Mortgage rates fall again as Trump trade fizzles out
Standard 30 year loan interest rates at PHH Mortgage are being quoted at 4.125% yielding an April of 4.191% today. Individuals, who opt for the 5-year ARM VA loan, will encounter a rate of 4.000% and an April sum of 3.431%.

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.



The Coca-Cola Company Announced Earnings for the Fourth Quarter
Dominion Resources, Inc. (NYSE:D) went up 0.19% during trading on the United States exchange when it had traded 2.44M shares. Finally, Holderness Investments Co. raised its position in shares of Coca-Cola Company (The) by 0.7% in the fourth quarter.

Native Americans Protest Dakota Pipeline In Downtown LA
President Trump is a businessman so you'd think he would know a good bet when he sees one. "Rise with Standing Rock". The Army Corps on Wednesday granted the easement to Dakota Access LLC, the company building the pipeline.

Amnesty: Systematic execution of 13000 Syrian prisoners amounts to war crimes
Today, Human Rights Watch launched a report that exposes the Syrian government's horrific crimes at Saydnaya Prison. Amnesty estimates there are between 10,000 and 20,000 people held in the prison's two detention centers.

Scottish independence vote may be decided 'within weeks' - Sturgeon ally
He said: "I'm sure [the SNP are] perfectly aware that they have greatly overstated the love of the Scottish people for the EU". Even if Scotland try to have a referendum without the authorization from the government, it will not be legally binding.

1-2-Switch | 18 Party Games Revealed
While fans wait for a future update to add a web browser to the Nintendo Switch , the lack of one at launch may prove problematic. The official website for the game has released a lot of new games alongside a trailer for each.