Things seemed to be slowing down after interest rates were raised eleven times in the previous 18 months, but according to the most recent data, the inflation rate for the last 12 months as of March is 3.5%, which has many people searching for steel stocks to sell from their portfolio.The logic is straightforward. Steel stocks are closely linked to the overall economy and are part of a very cyclical sector. Because markets were anticipating at least three rate decreases in 2024, the first quarter was favora ...

In its upcoming report, Cleveland-Cliffs (CLF) is predicted by Wall Street analysts to post quarterly earnings of $0.24 per share, reflecting an increase of 318.2% compared to the same period last year. Revenues are forecasted to be $5.31 billion, representing a year-over-year increase of 0.2%.The consensus EPS estimate for the quarter has been revised 10.8% lower over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their initial estimat ...

Cleveland-Cliffs Inc. (CLF) is slated to release first-quarter 2024 results after the closing bell on Apr 22.The company beat the Zacks Consensus Estimate for earnings in three of the last four quarters, while posted in-line result once. It has a trailing four-quarter earnings surprise of roughly 24.7%, on average. Cleveland-Cliffs is likely to have gained from healthy overall volumes, higher selling prices and lower steelmaking unit costs in the first quarter.The stock has gained 22.4% in a year’s time com ...

盈利预期 - Cleveland-Cliffs (CLF)预计在2024年3月报告的季度中，盈利将同比增长，收入也将增加[1] - 分析师们最近对公司的盈利前景变得乐观，这导致了+12%的盈利预期[12] - 过去四个季度中，Cleveland-Cliffs有三次超过了共识的盈利预期[14] 股价表现 - 报告预计将于2024年4月22日发布，如果关键数字好于预期，股价可能会上涨[2]

股价表现 - Cleveland-Cliffs (CLF) 最近的股价为 $22.30，较前一个交易日收盘价上涨了 +1.78% [1] - Cleveland-Cliffs 的股价在过去一个月内上涨了 7.03%，表现优于基础材料部门的 4.98% 和标普500指数的 1.78% [2] 财务预测 - Cleveland-Cliffs 即将发布财报，预计每股收益为 $0.28，同比增长 354.55%，预计营收为 $5.25 亿美元，同比下降 0.76% [3] - Zacks Consensus Estimates 预计全年每股收益为 $1.84，营收为 $214.2 亿美元，同比增长分别为 +71.96% 和 -2.64% [4] 投资建议 - 分析师对 Cleveland-Cliffs 的预测变化可能会影响股价表现，投资者可以利用 Zacks Rank 模型进行投资决策 [5] - Zacks Rank 系统从 1 (强热门) 到 5 (强卖出)，历史表现良好，目前 Cleveland-Cliffs 的 Zacks Rank 为 3 (持有) [7] 估值比较 - Cleveland-Cliffs 的前瞻市盈率为 11.88，低于行业平均值 16.79 [7] - CLF 的 PEG 比率为 0.76，行业平均 PEG 比率为 3.34 [8] 行业排名 - 采矿 - 其他行业属于基础材料部门，行业排名为 151，位于所有 250+ 行业的后 41% [9] - Zacks Industry Rank 衡量了行业群体的实力，排名越高的行业通常表现更好 [10]

Japan’s Prime Minister Fumio Kishida's visit to the United States has sparked discussions on bolstering military alliances and joint ventures in defense equipment. Amid these talks also looms the shadow of economic transactions, particularly the proposed acquisition of American industrial giant U.S. Steel (X) by Japan-based Nippon Steel, which has ignited concerns regarding national security and industry consolidation.Last month, U.S. President Joe Biden expressed his opposition to the deal. It’s not certai ...

In the latest market close, Cleveland-Cliffs (CLF) reached $22.42, with a -1.8% movement compared to the previous day. This move lagged the S&P 500's daily loss of 1.23%. At the same time, the Dow lost 1.36%, and the tech-heavy Nasdaq lost 1.4%.Heading into today, shares of the mining company had gained 13.64% over the past month, outpacing the Basic Materials sector's gain of 7.94% and the S&P 500's gain of 1.61% in that time.Investors will be eagerly watching for the performance of Cleveland-Cliffs in its ...

The latest trading session saw Cleveland-Cliffs (CLF) ending at $21.20, denoting a +1.15% adjustment from its last day's close. This move outpaced the S&P 500's daily gain of 0.89%. Meanwhile, the Dow gained 1.03%, and the Nasdaq, a tech-heavy index, added 1.25%.The mining company's stock has climbed by 7.05% in the past month, exceeding the Basic Materials sector's gain of 4.26% and the S&P 500's gain of 3.56%.The investment community will be closely monitoring the performance of Cleveland-Cliffs in its fo ...

CLEVELAND--(BUSINESS WIRE)--Cleveland-Cliffs Inc. (NYSE: CLF) announced today the expiration of and final results for its previously announced offer to purchase for cash (the “Tender Offer”) any and all of its outstanding 6.750% Senior Secured Notes due 2026 (the “Notes”). The Tender Offer expired at 5:00 p.m., New York City time, on March 13, 2024 (the “Expiration Time”). On March 18, 2024, the Company purchased $639,737,000 in principal amount of the Notes that were validly tendered and not validly withd ...

CLF公司业绩 - CLF公司自去年9月以来一直处于复苏趋势，但在过去3年中仍然表现不佳[1] - 在2023年第四季度，CLF的外部销售量达到了400万吨净吨，同比增长5%。钢铁产品销量的细分包括29%的镀层、36%的热轧、15%的冷轧、5%的板材、4%的不锈钢和电气产品以及11%的其他产品[4] - CLF有更多的利润增长潜力，受益于强大的管理团队、股票回购和债务减少[17] - 公司采取了削减成本的举措，同时在汽车市场复苏中表现强劲，有望取得超强的财务业绩[17] - 作者建议持有CLF股票，并推荐购买[17]