Worth Observing Stocks: AK Steel Holding Corporation (NYSE:AKS), HomeStreet, Inc. (NASDAQ:HMST)

AK Steel Holding Corporation (NYSE:AKS)

The company announced its last quarter financial performance results on 10/25/2016. AK Steel Holding Corporation (NYSE:AKS) belongs to Basic Materials sector that surged 8.67% in value when last trading session closed at $10.65. The company has a market capitalization of $3.17 Billion. The company’s stock has a Return on Assets (ROA) of -2.3 percent, a Return on Equity (ROE) of 11 percent and Return on Investment (ROI) of -19.9 percent. The company reached its 52-Week high of $10.71 on Dec 5, 2016 and 52-Week low of $1.64 on Jan 20, 2016.

Earnings per share (ttm) for AK Steel Holding Corporation (NYSE:AKS) according to Finviz Data is $-0.6.

The growth estimate for AK Steel Holding Corporation (NYSE:AKS) for the current quarter is -73.3 percent. The projected growth estimate for the next quarter is 337.5 percent. The company’s stock has grown by -18.28 percent in the past 5 years. For the next 5 years, the company is expected to grow by 5 percent.

This company was Downgrade by Macquarie on 29-Nov-16  to Neutral.

The 14 analysts offering 12-month price forecasts for AK Steel Holding Corp have a median target of 6.00, with a high estimate of 12.00 and a low estimate of 3.50. The median estimate represents a -43.66% decrease from the last price of 10.65.

Financial History:

Following Earnings result, share price were UP 15 times out of last 27 Qtrs. In the last 27 earnings reports, the company has topped earnings-per-share estimates 91% percent of times. It has met expectations  0 times and missed earnings  1 times.

The consensus recommendation for AK Steel Holding Corporation (NYSE:AKS) is 2.67. The rating scale runs from 1 to 5 with 5 indicating a Strong Sell, 1 indicating a Strong Buy and 3 indicating a Hold. The consensus recommendation 30 days ago for this company stood at 2.82. In comparison, the consensus recommendation 60 days ago was at 3.27, and 90 days ago was at 3.9 respectively.

Future Expectations:

When the current quarter ends, Wall Street expects AK Steel Holding Corporation to have earnings per share of $0.08.

Revenue is expected to range from 1.37 Billion to 1.49 Billion with an average of 1.41 Billion.

Company Profile:

AK Steel produces flat-rolled carbon, stainless and electrical steel products, as well as carbon and stainless tubular steel products, for automotive, appliance, construction and manufacturing markets. AK Steel maintains a relentless pursuit of improvement in every critical performance measure. The result is a track record without equal.

HomeStreet, Inc. (NASDAQ:HMST):

HomeStreet, Inc. (NASDAQ:HMST) belongs to Finance sector closed its last session with a gain of 8.52 percent and closed its previous trading session at $31.85. According to Finviz reported data, the stock currently has Earnings per Share (EPS) (ttm) of $2.64. The company has the Market capitalization of $796.57 Million. The company’s stock has a Return on Assets (ROA) of 1.1 percent, a Return on Equity (ROE) of 12.1 percent and Return on Investment (ROI) of 24 percent. The company reached its 52-Week high of $32.5 on Nov 22, 2016 and 52-Week low of $18.58 on Jan 15, 2016.

The growth estimate for HomeStreet, Inc. (NASDAQ:HMST) for the current quarter is 23.1 percent. The projected growth estimate for the next quarter is 114.8 percent. The company’s stock has grown by -16.56 percent in the past 5 years. For the next 5 years, the company is expected to grow by 10 percent.

This company was Downgrade by Sandler O’Neill on 14-Nov-16 to Hold.

The 5 analysts offering 12-month price forecasts for HomeStreet Inc have a median target of 30.50, with a high estimate of 32.00 and a low estimate of 28.00. The median estimate represents a -4.24% decrease from the last price of 31.85.

Financial History:

Following Earnings result, share price were UP 10 times out of last 15 Qtrs. In the last 27 earnings reports, the company has topped earnings-per-share estimates 83% percent of times. It has met expectations  0 times and missed earnings  2  times.

The consensus recommendation for HomeStreet, Inc. (NASDAQ:HMST) is 2. The rating scale runs from 1 to 5 with 5 indicating a Strong Sell, 1 indicating a Strong Buy and 3 indicating a Hold. The consensus recommendation 30 days ago for this company stood at 1.67. In comparison, the consensus recommendation 60 days ago was at 1.67, and 90 days ago was at 1 respectively.

Future Expectations:

When the current quarter ends, Wall Street expects HomeStreet, Inc. to have earnings per share of $0.48.

Revenue is expected to range from 125.45 Million to 133.1 Million with an average of 130.35 Million.

Company Profile:

HomeStreet, Inc. is a diversified financial services company. The Company is engaged in real estate lending, including mortgage banking activities and retail and business banking operations and serves consumers and businesses in the Pacific Northwest and Hawaii. It offers deposit and investment products and cash management services and single family loans and commercial loans. HomeStreet’s primary subsidiaries are HomeStreet Bank and HomeStreet Capital Corporation. It operates in Washington, Oregon, Idaho and Hawaii. HomeStreet, Inc. is headquartered in Seattle, Washington.