The Week Ahead: Are Investors Really Too Optimistic About United States Steel Corp (NYSE: X)

United States Steel Corp (NYSE:X) currently has a daily average trading volume of 6.13M but it saw 6896073 shares traded in last market. With a market cap of 9.51B USD, the company’s current market price of $42.02 came rising about 2.04 while comparing to the previous closing price of $41.18. In past 52 weeks, the stock remained buoying in the range of price level as high as $46.18 and as low as $26.92.

The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the JP Morgan which downgraded the stock as “Neutral” in its note to investors issued on April 16, 2025, recommending a price target of $38 for it. BMO Capital Markets downgraded its recommendation for the stock as a “Market Perform” from “Outperform” on March 31, 2025 while assigning a price target of $45. Morgan Stanley also issued its recommendations for the stock as it downgraded the price target for the stock in the range of between $39 and $39.

Over the week, X’s stock price is moving 0.82% up while it is 3.55% when we observe its performance for the past one month. Year-to-date it is 23.62% up and over the past year, the stock is showing an upside performance of 17.01%.

Currently, United States Steel Corp’s total number of outstanding shares is 226.42M with 1.21% of that held by the insiders while 102.91% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 0.63% and return on equity (ROE) at 0.86%. It has a price to earnings ratio (P/E ratio) of 142.63 while having a 13.50 of forward P/E ratio. Stock’s beta reads 1.79. Stock has a price to book (P/B) ratio of 0.85 while price to sale or P/S ratio amounts to 0.63. Its return on asset (ROA) is 0.48% on average.