Posted by admin on May 1st, 2022
United States Steel (NYSE:X – Get Rating) and Algoma Steel Group (NASDAQ:ASTL – Get Rating) are both basic materials companies, but which is the better business? We will compare the two companies based on the strength of their dividends, valuation, earnings, analyst recommendations, profitability, institutional ownership and risk.
This table compares United States Steel and Algoma Steel Group’s net margins, return on equity and return on assets.
This table compares United States Steel and Algoma Steel Group’s top-line revenue, earnings per share (EPS) and valuation.
United States Steel has higher revenue and earnings than Algoma Steel Group.
United States Steel pays an annual dividend of $0.20 per share and has a dividend yield of 0.7%. Algoma Steel Group pays an annual dividend of $0.20 per share and has a dividend yield of 2.1%. United States Steel pays out 1.2% of its earnings in the form of a dividend. United States Steel has increased its dividend for 1 consecutive years.
This is a breakdown of current recommendations and price targets for United States Steel and Algoma Steel Group, as provided by MarketBeat.
United States Steel presently has a consensus price target of $32.11, suggesting a potential upside of 5.32%. Algoma Steel Group has a consensus price target of $17.00, suggesting a potential upside of 77.64%. Given Algoma Steel Group’s stronger consensus rating and higher possible upside, analysts plainly believe Algoma Steel Group is more favorable than United States Steel.
68.2% of United States Steel shares are owned by institutional investors. Comparatively, 50.5% of Algoma Steel Group shares are owned by institutional investors. 1.2% of United States Steel shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.
United States Steel beats Algoma Steel Group on 7 of the 13 factors compared between the two stocks.
United States Steel Company Profile (Get Rating)
United States Steel Corporation produces and sells flat-rolled and tubular steel products primarily in North America and Europe. It operates through four segments: North American Flat-Rolled (Flat-Rolled), Mini Mill, U. S. Steel Europe (USSE), and Tubular Products (Tubular). The Flat-Rolled segment offers slabs, strip mill plates, sheets, and tin mill products, as well as iron ore and coke. This segment serves customers in the service center, conversion, transportation, automotive, construction, container, appliance, and electrical markets. The Mini Mill segment provides hot-rolled, cold-rolled, and coated sheets and electrical products. This segment serves customers in the automotive, appliance, construction, container, transportation, and service center markets. The USSE segment provides slabs, strip mill plates, sheets, tin mill products, and spiral welded pipes. This segment serves customers in the construction, container, appliance and electrical, service center, conversion, oil, gas, and petrochemical markets. The Tubular segment offers seamless and electric resistance welded steel casing and tubing products, as well as standard and line pipe and mechanical tubing products primarily to customers in the oil, gas, and petrochemical markets. The company also engages in the real estate business. United States Steel Corporation was founded in 1901 and is headquartered in Pittsburgh, Pennsylvania.
Algoma Steel Group Company Profile (Get Rating)
Algoma Steel Group Inc. produces and sells steel products primarily in North America. It provides flat/sheet steel products, including temper rolling, cold rolled, hot-rolled, floor plate, and cut-to-length products for the automotive industry; and plate steel products that consist of rolled, hot-rolled, and heat-treated for use in the construction or manufacture of railcars, buildings, bridges, off-highway equipment, storage tanks, ships, and military applications. Algoma Steel Group Inc. was founded in 1901 and is headquartered in Sault Ste. Marie, Canada.
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