U.S. Steel (X, Financial) experienced a significant stock surge, rising 5.56% to $32.76 per share with a trading volume of 2.45678 million shares. The company's recent financial report shows a revenue of $3.84 billion and a net profit of $119 million, translating to an earnings per share of $0.53 and a gross profit of $165 million. The price-to-earnings ratio stands at 20.61.
In terms of analyst ratings, 64% of the 11 institutions covering the stock recommend buying, while 36% suggest holding. No institutions recommend selling. Within the steel industry, U.S. Steel led the gains with an overall sector increase of 0.90%. Other notable performers include Metallus Inc. and Worthington Steel, Inc.
U.S. Steel operates primarily in the U.S. but also has steelmaking capacity in Slovakia, serving various markets such as transportation, construction, and appliances.
