The company's expected revenue in the current quarter to be 524.54 Million, seeing a projected current quarter growth of 242.9%, and per annum growth estimates over the next 5 year period of around -59.91%.
Gallagher Fiduciary Advisors Llc holds 4.71% of its portfolio in Cliffs Natural Resources Inc for 1.87 million shares.
To assess the movement of stock we should look over what analysts have to say about the stock current performance.
In other news, Chairman Lourenco Goncalves bought 200,000 shares of Cliffs Natural Resources stock in a transaction dated Wednesday, May 3rd. Boothbay Fund Mgmt Limited Liability Com has 0.05% invested in Cliffs Natural Resources Inc (NYSE:CLF) for 19,254 shares. The mining company reported ($0.11) EPS for the quarter, missing analysts' consensus estimates of $0.16 by $0.27. Cliffs Natural Resources had a net margin of 1.68% and a negative return on equity of 5.79%. During the same quarter in the previous year, the business posted $0.62 EPS. Parkwood Limited Liability Corporation has invested 0.02% of its portfolio in Cliffs Natural Resources Inc (NYSE:CLF). Zacks Investment Research downgraded Cliffs Natural Resources from a "buy" rating to a "hold" rating in a research note on Tuesday, March 21st. Credit Suisse Group AG reissued an "underperform" rating and set a $6.00 price target on shares of Cliffs Natural Resources in a report on Friday, January 13th. Finally, J P Morgan Chase & Co lifted their target price on shares of Cliffs Natural Resources from $12.00 to $13.00 and gave the stock an "overweight" rating in a research report on Monday, March 27th. It also upped Fiat Chrysler Automobiles N (Call) stake by 1.47 million shares and now owns 2.62 million shares.
The number of shares traded in the last trading session was 12.11 Million.
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ATR remains at 0.33 while Beta component of the stock stands at 1.68. If the market is performing well and the stock is over-valued, CLF might be a good investment at this point but if the market is dropping down, you might not consider buying the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Shares have dropped -60.18% over the trailing 6 months. The stock was purchased at an average cost of $6.32 per share, for a total transaction of $37,920.00. The Company has 52-week high of $12.37 and 52-week low of $4.55. Over the last ninety days, insiders have acquired 215,250 shares of company stock valued at $1,361,283. EPS breaks down the profitability of the company on a single share basis. Carnegie Asset Management Ltd Llc has invested 0.06% in Cliffs Natural Resources Inc (NYSE:CLF). The firm has "Outperform" rating by RBC Capital Markets given on Friday, August 28.
While looking at the Stock's Performance, Cliffs Natural Resources Inc. now shows a Weekly Performance of 8.82%, where Monthly Performance is 0.64%, Quarterly performance is -30.5%, 6 Months performance is -39.34% and yearly performance percentage is 21.9%. Shares of Avis Budget Group, Inc. Marshall Wace LLP raised its stake in shares of Cliffs Natural Resources by 108.5% in the fourth quarter. SIEGAL MICHAEL D also bought $34,294 worth of Cliffs Natural Resources Inc (NYSE:CLF) shares. If you are accessing this story on another domain, it was copied illegally and republished in violation of global trademark and copyright legislation. Florida-based Voloridge Ltd Liability Co has invested 0.43% in Cliffs Natural Resources Inc (NYSE:CLF).
Cliffs Natural Resources (NYSE:CLF) last posted its quarterly earnings results on Thursday, April 27th.
The Relative Volume of the company is 0.77 and Average Volume (3 months) is 15.69 million. According to these analysts, the Low Revenue Estimate for Cliffs Natural Resources Inc.is 487 Million and the High Revenue Estimate is 590.9 Million. The Masters Capital Management Llc holds 1.95 million shares with $16.43 million value, up from 1.00M last quarter.
The SMA or Simple Moving Averages are commonly available for 20 Day, 50 Day and 200 Day Simple Moving Averages. Cliffs Natural Resources has a 1-year low of $2.77 and a 1-year high of $12.37. The Firm is a supplier of iron ore pellets to the North American steel industry from its mines and pellet plants located in MI and Minnesota. The Company's divisions include U.S. The Company is a producer of iron ore pellets, primarily selling production from U.S.
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