Alpha Metallurgical Resources, Inc.'s (NYSE:AMR) Share Price Is Matching Sentiment Around Its Earnings
Jul 04
U.S. Steel Industry Analysis
UpdatedJul 09, 2024
DataAggregated Company Financials
Companies39
- 7D-1.2%
- 3M-14.5%
- 1Y7.1%
- YTDn/a
Over the last 7 days, the Steel industry has dropped 1.1%, driven by a pullback from Nucor of 2.9%. Meanwhile, ATI actually outperformed within the industry, gaining 7.3% in the last week. This takes the industry's 12 month performance to a gain of 7.2%. Earnings are forecast to be flat in the coming years.
Industry Valuation and Performance
Has the U.S. Steel Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 09 Jul 2024 | US$137.6b | US$173.0b | US$12.8b | 10.8x | 10.7x | 0.8x |
| Thu, 06 Jun 2024 | US$142.1b | US$173.4b | US$13.1b | 12.5x | 10.8x | 0.8x |
| Sat, 04 May 2024 | US$145.6b | US$173.5b | US$13.3b | 11.8x | 10.9x | 0.8x |
| Mon, 01 Apr 2024 | US$160.6b | US$174.8b | US$14.1b | 11.7x | 11.4x | 0.9x |
| Wed, 28 Feb 2024 | US$157.1b | US$174.9b | US$14.0b | 12.6x | 11.2x | 0.9x |
| Fri, 26 Jan 2024 | US$146.0b | US$175.0b | US$14.6b | 14.3x | 10x | 0.8x |
| Sun, 24 Dec 2023 | US$150.3b | US$175.8b | US$14.9b | 13.5x | 10.1x | 0.9x |
| Tue, 21 Nov 2023 | US$134.9b | US$177.0b | US$15.0b | 13.5x | 9x | 0.8x |
| Thu, 19 Oct 2023 | US$125.8b | US$180.7b | US$17.3b | 8.8x | 7.3x | 0.7x |
| Sat, 16 Sep 2023 | US$132.1b | US$181.4b | US$17.4b | 8.9x | 7.6x | 0.7x |
| Mon, 14 Aug 2023 | US$133.0b | US$181.4b | US$17.4b | 8.6x | 7.6x | 0.7x |
| Wed, 12 Jul 2023 | US$134.5b | US$185.9b | US$20.1b | 8.9x | 6.7x | 0.7x |
| Fri, 09 Jun 2023 | US$122.4b | US$186.6b | US$20.4b | 9x | 6x | 0.7x |
| Sun, 07 May 2023 | US$118.1b | US$186.8b | US$20.5b | 8.2x | 5.8x | 0.6x |
| Tue, 04 Apr 2023 | US$129.8b | US$191.8b | US$24.3b | 7.1x | 5.3x | 0.7x |
| Thu, 02 Mar 2023 | US$141.2b | US$192.0b | US$24.5b | 6.8x | 5.8x | 0.7x |
| Sat, 28 Jan 2023 | US$135.2b | US$195.2b | US$27.9b | 5.4x | 4.8x | 0.7x |
| Mon, 26 Dec 2022 | US$115.0b | US$196.9b | US$29.3b | 4.2x | 3.9x | 0.6x |
| Wed, 23 Nov 2022 | US$120.6b | US$196.9b | US$29.4b | 4.6x | 4.1x | 0.6x |
| Fri, 21 Oct 2022 | US$105.3b | US$197.0b | US$33.5b | 3.9x | 3.1x | 0.5x |
| Sun, 18 Sep 2022 | US$100.5b | US$195.7b | US$33.5b | 4x | 3x | 0.5x |
| Tue, 16 Aug 2022 | US$117.6b | US$195.9b | US$33.6b | 4.7x | 3.5x | 0.6x |
| Thu, 14 Jul 2022 | US$98.1b | US$183.8b | US$30.8b | 4.4x | 3.2x | 0.5x |
| Sat, 11 Jun 2022 | US$111.1b | US$182.3b | US$30.6b | 5.2x | 3.6x | 0.6x |
| Mon, 09 May 2022 | US$120.7b | US$182.1b | US$30.6b | 4.6x | 3.9x | 0.7x |
| Wed, 06 Apr 2022 | US$133.1b | US$168.0b | US$25.9b | 6.1x | 5.1x | 0.8x |
| Fri, 04 Mar 2022 | US$123.6b | US$166.1b | US$25.3b | 6.2x | 4.9x | 0.7x |
| Sun, 30 Jan 2022 | US$92.9b | US$153.9b | US$21.1b | 5.9x | 4.4x | 0.6x |
| Tue, 28 Dec 2021 | US$104.6b | US$145.3b | US$18.1b | 6.4x | 5.8x | 0.7x |
| Thu, 25 Nov 2021 | US$105.6b | US$144.7b | US$17.9b | 7x | 5.9x | 0.7x |
| Sat, 23 Oct 2021 | US$101.4b | US$129.8b | US$11.9b | 8.6x | 8.5x | 0.8x |
| Mon, 20 Sep 2021 | US$100.3b | US$118.8b | US$9.3b | 10.2x | 10.8x | 0.8x |
| Wed, 18 Aug 2021 | US$112.8b | US$120.5b | US$9.2b | 11.4x | 12.2x | 0.9x |
Price to Earnings Ratio
11.4x
Current Industry PE
- Investors are optimistic on the American Steel industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 10.7x which is higher than its 3-year average PE of 6.8x.
- The industry is trading close to its 3-year average PS ratio of 0.72x.
Past Earnings Growth
- The earnings for companies in the Steel industry have grown 12% per year over the last three years.
- Revenues for these companies have grown 13% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Comparison
How does U.S. Steel compare with similar industries?
| US Market | 1.77% | |
| Materials | 1.89% | |
| Metals and Mining | 4.07% | |
| Steel | -1.24% | |
| Silver | 9.77% | |
| Gold | 7.02% | |
| Copper | 6.43% | |
| Aluminum | 5.95% | |
| Diversified Metals and Mining | 4.44% | |
| Precious Metals and Minerals | 0.97% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| ATI ATI | US$58.20 | 7.3% +US$490.3m | 26.4% | PE18.5x | |
| X United States Steel | US$39.20 | 2.6% +US$227.1m | 61.7% | PE10.2x | |
| TX Ternium | US$37.39 | 1.3% +US$94.2m | -9.1% | PE11.1x | |
| RS Reliance | US$280.70 | 0.3% +US$41.3m | 0.5% | PE12.8x | |
| CLF Cleveland-Cliffs | US$15.47 | 0.5% +US$38.0m | -5.9% | PE18.9x |
