Analytical Report on Cliffs Natural Resources Inc. (NYSE:CLF)

Cliffs Natural Resources Inc. (NYSE:CLF) Producer Of Iron Ore Pellets With 7 Iron Ore Mines In Mi, Mn And Eastern Canada. Belonging to the Basic Materials sector which declined -0.17% and closed its last trading session at $5.85.

The company reported its last EPS on 6/30/2016 and is expected to report its next EPS on 11/3/2016. Currently, the stock has a 1 Year Price Target of $6.5.

The consensus recommendation, according to Zacks Investment research, is 2.78. The scale runs from 1 to 5 with 1 recommending Strong Buy and 5 recommending a Strong Sell. The Stock had a 2.78 Consensus Analyst Recommendation 30 Days Ago, whereas 60 days ago and 90 days ago the analyst recommendations were 2.53 and 2.84 respectively.

Cliffs Natural Resources Inc. on 6/30/2016 reported its EPS as $0.07 with the analysts projecting the EPS of the stock as $0.02. The company beat the analyst EPS Estimate with the difference of $0.05. This shows a surprise factor of 250%.

Many analysts have provided their estimated foresights on Cliffs Natural Resources Inc. Earnings, with 6 analysts believing the company would generate an Average Estimate of $0.21. Whereas they predicted High and Low Earnings Estimate as $0.28 and $0.16 respectively. While in the same Quarter Previous year, the Actual EPS was $-0.35.

Analysts are also projecting an Average Revenue Estimate for Cliffs Natural Resources Inc. as $597.3 Million in the Current Quarter. This estimate is provided by 4 analysts. The High Revenue estimate is predicted as 618.1 Million, while the Low Revenue Estimate prediction stands at 583.1 Million. The company’s last year sales total was 593.2 Million.

For the Current Quarter, the growth estimate for Cliffs Natural Resources Inc. is 160%, while for the Next Quarter the stock growth estimate is 264.3%. In the past 5 years, the stock showed growth of -54.33% per annum. While for the next 5 years, the growth estimate is 5%.

The Company got Upgrade by Macquarie on 10-Jun-16 from Neutral to Outperform.

Insider Trades for Cliffs Natural Resources Inc. show that the latest trade was made on 30 Jun 2016 where Stoliar Gabriel, the Director completed a transaction type “Buy” in which 4355 shares were traded at a price of $5.74.

Over the period of 6 months, Insider Purchases show a total of 4 transaction in which 216700 shares were traded.

6 analysts projected Price Targets for Cliffs Natural Resources Inc. The analysts believe that the company stock price could grow as high as $10. The Low Price target projection by analysts is $2 and the Mean Price Target is $6.5.

Cliffs Natural Resources Inc. (NYSE:CLF) has the market capitalization of $1.34 Billion. The company rocked its 52-Week High of $8.45 on Jul 28, 2016 and touched its 52-Week Low of $1.2 on Jan 12, 2016. The stock has Return on Assets (ROA) of 2.2 percent. Return on Equity (ROE) stands at -2% and Return on Investment (ROI) of 0 percent.

The stock is currently showing YTD performance of 270.25 Percent. The company has Beta Value of 1.75 and ATR value of 0.33. The Weekly and Monthly Volatility stands at 5.39% and 5.45%.

Company profile:

CLIFFS NATURAL RESOURCES INC, formerly Cleveland-Cliffs Inc, is an international mining company, a producer of iron ore pellets in North America and a supplier of metallurgical coal to the global steelmaking industry. It operates six iron ore mines in Michigan, Minnesota and Eastern Canada, and three coking coal mines in West Virginia and Alabama. Cliffs also owns 80.4% of Portman, an iron ore mining company in Australia, serving the Asian iron ore markets with direct-shipping fines and lump ore. In addition, it has a 30% interest in the Amapa Project, a Brazilian iron ore project, and a 45% economic interest in the Sonoma Project, an Australian coking and thermal coal project.