Published: Sun, March 19, 2017
Economy | By Annette Adams

Cliffs Natural Resources Inc. (NYSE:CLF) Analyst Estimates

Cliffs Natural Resources Inc. (NYSE:CLF) Analyst Estimates

A stock experiencing a high level of volatility has a higher ATR, and a low volatility stock has a lower ATR. Investors can use these support and resistance levels to refine their entries and exits from stocks. When we look at the Volatility of the company, Week Volatility is at 5.69% whereas Month Volatility is at 5.64%. Finally, JPMorgan Chase & Co. raised their price objective on Cliffs Natural Resources from $7.00 to $10.00 and gave the stock an "overweight" rating in a report on Wednesday, November 30th. And a quick view of analyst notes show that 2 are rating the stock a buy while 0 rate CLF a strong buy. A beta of less than 1 means that the security will be less volatile than the market. (NYSE:CLF) will report its next earnings on April 26 - May 1 (Est.).

While Looking at Sales Growth (Year/est), the company is now showing a percentage value of 44.8 percent. Presently, it has a Return on Equity (ROE) of -10.40% and Return on Investment (ROI) of 59.00%. While some analysts have a High Price target for the stock of $15 and a Low Price Target of $2.

The stock has a high price target of $3 according to consensus of 5 analysts. (CLF) are trading -26.84% downward from the 52-week high mark and 324.88% above from the fifty two-week low mark.

The relative strength index or RSI highlights overbought (above 70) and oversold (below 30) areas. (CLF) is at 38.01. Cowen & Co maintained the shares of CLF in report on Friday, April 29 with "Market Perform" rating. The stock went down -12.73% at some stage in past quarter.

According to that measure, the stock has been seeing increasing capital flows over the recent period.

The stock has actually made strong gains in the past year, as the company has gathered a 307.98% return in the past twelve months. The stock is now moving above its 20-Day Simple Moving Average of 0.05% with the 50-Day Simple Moving Average of 0.05 percent. On technical aspect, moving averages may help to distinguish path of dispositions, and they may also be used to set degrees of support and resistance. The Mean and Low price Targets are $9.13 and $2, respectively. The stock recently closed at market price of 60.84 with a 1 year price target of 63.89. Current ratio which is the relationship between current assets and current liabilities, indicating the liquidity of a business is calculated as 2.10. The firm owned 8,008,642 shares of the mining company's stock after selling 935,860 shares during the period. The mining company reported $0.42 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.23 by $0.19. This shows a surprise factor of 47.8%.

Analysts are also projecting an Average Revenue Estimate for Cliffs Natural Resources $393.47 Million in the Current Quarter. (NYSE:CLF) a rating of 2.43 on a scale of 1 to 5. 6 rated the company as a "Hold". Schwab Charles Investment Management Inc. now owns 4,220,732 shares of the mining company's stock worth $23,932,000 after buying an additional 2,746,729 shares during the period. Outperform - Also known as "moderate buy", "accumulate" and "over-weight". The company has market cap of $473.89 million.

01/12/2017 - Cliffs Natural Resources Inc. had its "underperform" rating reiterated by analysts at Credit Suisse.

The company reported its EPS on 02/09/2017. The highest analyst price target is $15.00, which implies a rally of 34 percent.

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