Cliffs Natural Resources Inc (CLF) Analysts See $0.41 EPS

July 18, 2017 - By Clifton Ray

 Cliffs Natural Resources Inc (CLF) Analysts See $0.41 EPS
Investors sentiment decreased to 1.07 in 2016 Q4. Its down 0.72, from 1.79 in 2016Q3. It fall, as 38 investors sold Cliffs Natural Resources Inc shares while 63 reduced holdings. 45 funds opened positions while 63 raised stakes. 126.85 million shares or 11.37% more from 113.90 million shares in 2016Q3 were reported.
Stifel Fincl reported 0% in Cliffs Natural Resources Inc (NYSE:CLF). Vanguard Gru Inc, Pennsylvania-based fund reported 16.72M shares. Quantitative Invest Mngmt Limited Liability Co reported 0.13% in Cliffs Natural Resources Inc (NYSE:CLF). Blackrock Institutional Na stated it has 5.69 million shares. Hudock Grp Inc Limited Liability Com has 8,509 shares. 15,319 were accumulated by Qcm Cayman Limited. 9,283 are owned by Fincl Architects Incorporated. Clinton Grp Inc Inc Inc holds 0.01% or 29,390 shares. Shellback Capital Lp holds 0.09% of its portfolio in Cliffs Natural Resources Inc (NYSE:CLF) for 100,000 shares. Cibc World invested in 448,709 shares. Virginia Retirement Et Al invested in 28,400 shares. Tower Research Ltd Limited Liability Company (Trc) holds 0% or 3,756 shares. Canada Pension Plan Inv Board owns 14,841 shares or 0% of their US portfolio. Boothbay Fund Mgmt Ltd Liability stated it has 19,254 shares or 0.05% of all its holdings. Susquehanna Intll Ltd Liability Partnership has 1.81 million shares for 0.01% of their portfolio.

Since April 28, 2017, it had 6 insider purchases, and 0 insider sales for $1.43 million activity. 3,750 shares were bought by Taylor Douglas C, worth $24,771. Stoliar Gabriel bought $48,990 worth of stock. $34,294 worth of Cliffs Natural Resources Inc (NYSE:CLF) was bought by SIEGAL MICHAEL D. BALDWIN JOHN T bought $37,902 worth of stock. $1.26 million worth of Cliffs Natural Resources Inc (NYSE:CLF) was bought by GONCALVES LOURENCO. Rychel Eric M bought $19,649 worth of stock.

Analysts await Cliffs Natural Resources Inc (NYSE:CLF) to report earnings on July, 27. They expect $0.41 earnings per share, up 583.33 % or $0.35 from last year’s $0.06 per share. CLF’s profit will be $120.78M for 4.51 P/E if the $0.41 EPS becomes a reality. After $-0.11 actual earnings per share reported by Cliffs Natural Resources Inc for the previous quarter, Wall Street now forecasts -472.73 % EPS growth. The stock increased 0.41% or $0.03 during the last trading session, reaching $7.4. About 12.31M shares traded. Cliffs Natural Resources Inc (NYSE:CLF) has risen 122.26% since July 18, 2016 and is uptrending. It has outperformed by 105.56% the S&P500.

Cliffs Natural Resources Inc (NYSE:CLF) Ratings Coverage

Among 11 analysts covering Cliffs Natural Resources Inc (NYSE:CLF), 4 have Buy rating, 3 Sell and 4 Hold. Therefore 36% are positive. Cliffs Natural Resources Inc had 21 analyst reports since August 4, 2015 according to SRatingsIntel. The firm has “Neutral” rating given on Friday, January 8 by Macquarie Research. The stock has “Outperform” rating by FBR Capital on Friday, April 28. The company was maintained on Thursday, June 15 by FBR Capital. Vetr downgraded Cliffs Natural Resources Inc (NYSE:CLF) rating on Monday, August 31. Vetr has “Hold” rating and $3 target. The firm earned “Neutral” rating on Monday, July 18 by Clarkson Platou. The stock of Cliffs Natural Resources Inc (NYSE:CLF) earned “Underperform” rating by Credit Suisse on Friday, March 11. The rating was upgraded by JP Morgan to “Overweight” on Tuesday, May 31. Deutsche Bank maintained Cliffs Natural Resources Inc (NYSE:CLF) on Monday, October 5 with “Hold” rating. The firm earned “Sell” rating on Friday, August 21 by Axiom Capital. The firm has “Market Perform” rating given on Friday, April 29 by Cowen & Co.

Cliffs Natural Resources Inc. is a mining and natural resources company. The company has market cap of $2.18 billion. The Firm is a supplier of iron ore pellets to the North American steel industry from its mines and pellet plants located in Michigan and Minnesota. It has a 27.4 P/E ratio. The Company’s divisions include U.S.

More notable recent Cliffs Natural Resources Inc (NYSE:CLF) news were published by: Seekingalpha.com which released: “Examining Cliffs Natural Resources Ahead Of Q2 Report” on July 17, 2017, also Seekingalpha.com with their article: “Cliffs Is About To Explode” published on July 06, 2017, Nasdaq.com published: “Cliffs Natural (CLF) to Build HBI Production Plant in Toledo” on June 20, 2017. More interesting news about Cliffs Natural Resources Inc (NYSE:CLF) were released by: Bloomberg.com and their article: “Cliffs Natural CEO on Steel Probe and Iron Ore Prices” published on June 28, 2017 as well as Barrons.com‘s news article titled: “Why Cliffs Natural Resources Needs Tariffs Too” with publication date: July 07, 2017.

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