CLF Stock Performance and Buy or Sell Signals

CLF Stock Performance has been volatile in recent years, with a significant price drop in 2020.

The stock's 52-week low was around $22.50, while its 52-week high was over $45.

CLF's price movement is influenced by global iron ore prices, which have been impacted by factors like supply chain disruptions and changing market demand.

In Q2 2022, CLF reported a net loss of $1.6 billion due to lower iron ore prices and increased costs.

Cleveland-Cliffs' revenue has been declining lately, which is concerning since most other companies are seeing positive revenue growth.

The company's poor revenue performance has led to a repressed P/S ratio, making it a less attractive investment opportunity.

Cleveland-Cliffs' stock price has been affected by its declining revenue, and some investors may be hesitant to buy in.

However, the stock has shown some resilience, closing at $9.40 in the latest trading session, marking a +1.08% move from the prior day.

This slight increase may be a sign that the company is still valued by some investors, despite its poor revenue performance.

Cleveland-Cliffs' price-to-sales ratio is low due to investors' pessimism about its revenue prospects.

The company's inferior revenue outlook is a major contributor to its low price-to-sales ratio.

We've found that shareholders' skepticism about Cleveland-Cliffs' future revenue is the main reason behind its depressed price-to-sales ratio.

To see a rise in its price-to-sales ratio, Cleveland-Cliffs will need a change in fortune.

CLF stock is issued by Cleveland-Cliffs Inc., a leading iron ore mining company in the United States.

CLF is headquartered in Cleveland, Ohio, and has a long history dating back to 1847.

Cleveland-Cliffs' revenue growth is expected to climb by 1.8% in the coming year, according to ten analysts following the company.

In the last year, the company's revenues fell by 8.9%, but revenue has managed to lift by a handy 15% in aggregate from three years ago.

The industry is forecast to expand by 14% in the coming year, which is noticeably more attractive than Cleveland-Cliffs' anticipated growth rate.

Cleveland-Cliffs' P/S ratio sits below the majority of other companies, likely due to investors expecting limited future growth.

The company's stock price closed at $9.40 in the latest trading session, marking a +1.08% move from the prior day.

Here's a comparison of Cleveland-Cliffs' revenue growth with the industry's forecast:

The New York Stock Exchange (NYSE) is the largest stock exchange in the world by total market capitalization of its listed companies.

It was founded on May 17, 1792, and is located at 11 Wall Street in Lower Manhattan, New York City.

The NYSE is an auction-style exchange, where stocks are traded on a public exchange.

The NYSE is home to over 2,400 listed companies, including some of the world's largest and most well-known corporations.

These companies have a combined market capitalization of over $22 trillion.

The NYSE is a subsidiary of Intercontinental Exchange (ICE), a global network of exchanges.

Cleveland-Cliffs Inc. stock has been graded with an A+ Investor report, which provides a comprehensive analysis of the stock's performance.

The report includes A-F grades for five key investing factors, making it easier for investors to decide whether to buy or sell CLF stock.

The value grade for Cleveland-Cliffs Inc. stock is not specified in the article section.

The average analyst rating for CLF stock from 12 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Analysts at Citigroup, Goldman Sachs, and Morgan Stanley have provided their ratings and price targets for Cleveland-Cliffs stock. According to their forecasts, the stock has a potential upside of 15.30%, 67.71%, and 41.51% respectively.

Here's a breakdown of the analyst ratings:

These ratings suggest that analysts have mixed opinions about the stock's potential performance. However, it's worth noting that analyst ratings are not always a reliable indicator of a stock's future performance.

Grading is a crucial step in evaluating a stock's potential. AAII's A+ Investor tool provides a robust data suite that condenses data research into an actionable and customizable way for investors of all knowledge levels.

AAII's proprietary stock grades come with A+ Investor, offering intuitive A-F grades for each of five key investing factors: value, growth, momentum, earnings revisions, and quality.

The Value Score is the percentile rank of the average of the percentile ranks of six key ratios: price-to-sales, price-earnings, EV/EBITDA, shareholder yield, price-to-book-value, and price-to-free-cash-flow. Stocks with a Value Score from 81 to 100 are considered deep value.

Cleveland-Cliffs Inc. has a Value Score of 96, which is Deep Value.

Here are the key metrics that contribute to the Value Score:

The Growth Score is computed by adding the percentile ranks of three individual components: consistency of annual sales growth, five-year sales growth rankings adjusted for extreme levels, and consistency of positive annual cash from operations. Cleveland-Cliffs Inc. has a Growth Score of 20, which is Very Weak.

The Earnings Estimate Revisions Grade takes into account the magnitude of a company's earnings surprise in its last two reported fiscal quarters. Stocks with the highest earnings estimate revisions have a 23.3% backtested annual return since inception.

The Quality Grade is the percentile rank of the composite return on assets (ROA), return on invested capital (ROIC), gross profit relative to assets, buyback yield, change in total liabilities to assets, accruals, Z double prime bankruptcy risk (Z) score, and F—Score.