Cleveland Cliffs Inc (CLF)

[Saving Grace]

Most Recent Analysts Ratings: Cliffs Natural Resources Inc. (NYSE:CLF)

Cliffs Natural Resources Inc. (NYSE:CLF) reported its last earnings on Oct 27 BMO (BMO = before market open, AMC= after market close). The company will report its next earnings on Oct 27 – Oct 31 (Est.). The company reported the earnings of $0.07/Share in the last quarter where the estimated EPS by analysts was $0.02/share. The difference between the expected and actual EPS was $0.05/share, which represents an Earnings surprise of 250%.

Many analysts are providing their Estimated Earnings analysis for Cliffs Natural Resources Inc. and for the current quarter 7 analysts have projected that the stock could give an Average Earnings estimate of $0.2/share. These analysts have also projected a Low Estimate of $0.16/share and a High Estimate of $0.28/share.

In case of Revenue Estimates, 4 analysts have provided their consensus Average Revenue Estimates for Cliffs Natural Resources Inc. as 597.3 Million. According to these analysts, the Low Revenue Estimate for Cliffs Natural Resources Inc. is 583.1 Million and the High Revenue Estimate is 618.1 Million. The company had Year Ago Sales of 593.2 Million.

These analysts also forecasted Growth Estimates for the Current Quarter for CLF to be 157.1%. They are projecting Next Quarter growth of 228.6%. For the next 5 years, Cliffs Natural Resources Inc. is expecting Growth of 5% per annum, whereas in the past 5 years the growth was -54.33% per annum.

Some buy side analysts are also providing their Analysis on Cliffs Natural Resources Inc., where 0 analysts have rated the stock as Strong buy, 2 analysts have given a Buy signal, 4 said it’s a HOLD, 2 reported it as Underperform and 0 analysts rated the stock as Sell. (These Recommendations are for the Current Month Only reported by Yahoo Finance.)

When it comes to the Analysis of a Stock, Price Target plays a vital role. 6 Analysts reported that the Price Target for Cliffs Natural Resources Inc. might touch $10 high while the Average Price Target and Low price Target is $6.33 and $2 respectively.

To analyze a stock, one should look for Upgrades and Downgrades of a stock. Cliffs Natural Resources Inc. got Upgrade on 10-Jun-16 where investment firm Macquarie Upgrade the stock from Neutral to Outperform.

Cliffs Natural Resources Inc. closed its last trading session at $5.87 with the gain of 5.11%. The Market Capitalization of the company stands at 1.4 Billion. The Company has 52-week high of $8.45 and 52-week low of $1.2. The stock’s current distance from 20-Day Simple Moving Average (SMA20) is 7.21% where SMA50 and SMA200 are -7.37% and 55.32% respectively. The Company Touched its 52-Week High on Jul 28, 2016 and 52-Week Low on Jan 12, 2016.

The Relative Volume of the company is 1.06 and Average Volume (3 months) is 12.16 million. Cliffs Natural Resources Inc. P/E (price to earnings) ratio is 9.78 and Forward P/E ratio of 16.9.

The company shows its Return on Assets (ROA) value of 2.2%. The Return on Equity (ROE) value stands at -2%. While it’s Return on Investment (ROI) value is 0%.

http://www.newsoracle.com/2016/09/22/most-recent-analysts-ratings-cliffs-natural-resources-inc-nyseclf/