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United States Steel (NYSE:X)‘s stock had its “outperform” rating restated by analysts at Compass Point in a research report issued to clients and investors on Monday. They currently have a $42.00 target price on the stock. Compass Point’s price target points to a potential upside of 11.08% from the company’s current price.

Shares of United States Steel (NYSE:X) opened at 37.81 on Monday. United States Steel has a 52 week low of $17.80 and a 52 week high of $38.49. The stock’s 50-day moving average is $31.53 and its 200-day moving average is $27.05. The company’s market cap is $5.487 billion.

United States Steel (NYSE:X) last issued its quarterly earnings data on Tuesday, July 29th. The company reported $0.17 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.27) by $0.44. The company had revenue of $4.40 billion for the quarter, compared to the consensus estimate of $4.23 billion. During the same quarter in the previous year, the company posted ($0.35) earnings per share. The company’s revenue for the quarter was down .7% on a year-over-year basis. On average, analysts predict that United States Steel will post $1.96 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which is scheduled for Wednesday, September 10th. Stockholders of record on Wednesday, August 13th will be paid a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a dividend yield of 0.53%. The ex-dividend date is Monday, August 11th.

A number of other firms have also recently commented on X. Analysts at Credit Suisse upgraded shares of United States Steel from an “underperform” rating to an “outperform” rating in a research note on Monday. They now have a $50.00 price target on the stock, up previously from $22.00. Separately, analysts at Argus raised their price target on shares of United States Steel from $31.00 to $41.00 in a research note on Tuesday, August 12th. They now have a “buy” rating on the stock. Finally, analysts at Goldman Sachs reiterated a “buy” rating on shares of United States Steel in a research note on Wednesday, August 6th. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating and twelve have given a buy rating to the stock. United States Steel currently has a consensus rating of “Buy” and a consensus price target of $86.87.

United States Steel Corporation (NYSE:X) is an integrated steel producer of flat-rolled and tubular products with production ope.

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