Cleveland-Cliffs: A Clear Runway To A Higher Share Price [Seeking Alpha]
Cleveland-Cliffs Inc. (CLF)
Last cleveland-cliffs inc. earnings: 2/20 07:00 am
Check Earnings Report
US:NYSE Investor Relations:
clevelandcliffs.com/investors/overview/default.aspx
Company Research
Source: Seeking Alpha
Cleveland-Cliffs: A Clear Runway To A Higher Share PriceSummaryCleveland-Cliffs released their Q4 2018 and full-year 2018 results on Friday, February 8th, 2019.A reversal of a tax valuation allowance allowed CLF to post a headline beat for Q4.Bigger picture, 2019 guidance was implicitly raised due to higher pellet pricing. Adding to the narrative, an expanded HBI facility should raise earnings power for 2020 and beyond.EBITDA and operating cash flows for 2019 should come in above 2018's already elevated levels (the highest in the past four years).The front-loaded expected increase in CLF's operating results (2019 & 2020) raises my price target from $20 to $30 with $35 per share easily achievable if CLF executes on their plan.
Show less
Read more
Impact Snapshot
Event Time:
CLF
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
CLF alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
CLF alerts
High impacting Cleveland-Cliffs Inc. news events
Weekly update
A roundup of the hottest topics
CLF
News
- Cleveland-Cliffs (CLF) to Receive $575M in DOE Investments [Yahoo! Finance]Yahoo! Finance
- Cleveland-Cliffs Announces Price Increase for Hot Rolled, Cold Rolled and Coated Steel ProductsBusiness Wire
- Cleveland-Cliffs (CLF) Gains As Market Dips: What You Should Know [Yahoo! Finance]Yahoo! Finance
- Cleveland-Cliffs Inc. (NYSE: CLF) had its "equal weight" rating re-affirmed by analysts at Morgan Stanley. They now have a $20.00 price target on the stock.MarketBeat
- Company News for Mar 26, 2024 [Yahoo! Finance]Yahoo! Finance
CLF
Earnings
- 1/29/24 - Beat
CLF
Sec Filings
- 3/18/24 - Form 8-K
- 3/15/24 - Form 4
- 3/12/24 - Form 144
- CLF's page on the SEC website