Markets

Stocks Under Thorough Analysis: Cliffs Natural Resources Inc. (NYSE:CLF)

Cliffs Natural Resources Inc. (NYSE:CLF) jumped 6.91 percent and ended the day at $11.92. The Average Volume of the company is 17.21 Million and P/E (price to earnings) ratio is 36.12, while Forward P/E ratio is 10.72.

Morgan Stanley Upgrade its coverage for Cliffs Natural Resources Inc. (NYSE:CLF) in a note sent to investors on 14-Nov-16. The research firm Upgrade the stock to Equal-Weight. Moreover, Macquarie issued Upgrade rating for the stock on 10-Jun-16. JP Morgan also Upgrade the company to Overweight on 31-May-16, 2016. Additionally, Credit Suisse Initiated its ratings on the stock to Underperform.

The highest price CLF stock touched in the last 12 month was $12.37 and the lowest price it hit in the same period was $1.72. The stock has a Return on Assets of 9.4 percent, Return on Investment of 59 percent and a Return on Equity of -10.4 percent. The company’s market cap is $2.75 Billion.

Cliffs Natural Resources Inc. (NYSE:CLF)’s growth estimate is -64.5 percent for the current quarter. The growth estimate for the next quarter is 428.6 percent. The company’s stock has fell -53.81 percent in the past five year. The company is expected to grow by 5 percent over the next five years.

Price Target is an important factor while doing analysis of a stock. According to 7 analysts, Price Target for Cliffs Natural Resources Inc. (NYSE:CLF) may hit a high of $15. The average and low price target for the stock are $9.86 and $6, respectively.

Now we look at the Moving Averages, the 200-day is 77.83, the 50-day is 28.62 and the 20-day is 28.89. Moving averages are used as a strong indicator for technical stock analysis and it helps investors in figuring out where the stock has been and also help in determining where it may be possibly heading.

Looking forward, the company is expected to report earnings of $0.22 per share for the current quarter. Revenue is expected in between 463.53 Million and 336.75 Million with an average of 396.67 Million.

When we look at the recommendation trends, the stock presently has an average brokerage recommendation of 1.8. Out of 9 brokerage recommendations, 0 gave a Strong Buy, 2 issued a Buy, 5 issued Hold, 2 rated Under-perform and 0 issued a Sell.

Cliffs Natural Resources Inc. (NYSE:CLF) performance during the last one year Improved 511.28 percent, while its year to date (YTD) performance showed a Positive trend of 41.74 percent. The stock Jumped 87.72 percent over the past six months. The stock’s quarterly performance indicates a Positive momentum of 61.08 percent, whereas its last one month trend is Optimistic with 25.08 percent. Its weekly performance showed upward trend of 30.99 percent.

Profitability analysis helps a great deal in making investment decision. Net profit margin of the company was recorded at 9.5 percent, operating profit margin was 22.2 percent, whereas gross profit margin stands at 13.7 percent. Beta factor was calculated at 1.76.

Cliffs Natural Resources Inc. (NYSE:CLF) has 235.15 Million shares outstanding and 215.16 Million shares were floated in market. The short ratio in the company’s stock is documented at 2.03 and the short float is around of 16.27%. The stock’s average true range of stands at 0.68, while the relative strength index is 73.05.

Liquidity ratios helps investors to determine a company’s ability to pay off its debts. For the most recent quarter, quick ratio was 1.4, current ratio was 2.1, LT Debt/Equity ratio was 0 and Total Debt/Equity ratio was 0.