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Investor Insights

This summary was created by AI, based on 6 opinions in the last 12 months.

Experts have varying opinions on Cleveland-Cliffs Inc. (CLF-N). Some believe the company is in a strong position, with upgraded ratings, positive cash flow, and potential for share buybacks. Others are cautious due to the volatile iron ore market and concerns about the company's dividend. However, there is optimism about future demand due to infrastructure spending and the growing market for electric vehicles and batteries. Overall, the stock is seen as consolidating after reaching new highs, with a possible good entry point for investors.

Consensus
Mixed
Valuation
Fair Value
HOLD

At a 52-week low today, but he hasn't and won't sell any shares. It looks like steel prices have bottomed--and shouldn't have fallen this far. Their M&A activity is also pressuring shares. Also, the Nippon Steel deal will be blocked; the US Steel deal was botched from the start. Hang onto it--it's below book value. Their M&A will add value. It isn't just a cyclical play.

steel
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TOP PICK

Arcelormittal usa is part of arcelormittal, the world’s leading steel and mining company. guided by a philosophy to produce safe, sustainable steel, we are a leading supplier of quality steel products in major north american markets including automotive, construction, pipe and tube, appliance, container and machinery. arcelormittal usa employs more than 20,000 people at 27 operations across 13 of the united states. we aim to give our employees every chance to flourish in their careers and grow as part of a global company. we offer a wealth of diverse opportunities. whether you work in production in pennsylvania or as a purchaser in indiana, joining arcelormittal is the start of a journey that, we hope, will lead to a rewarding career. we are always looking for the best and brightest minds to help us transform the future of steel. Social media mentions are up 900% in the past 24h. 

steel
BUY ON WEAKNESS

It hit a 52-week low today, but people will be kicking themselves for not owning this, because this will rally when interest rates decline.

steel
DON'T BUY

Steel stocks are falling with the price of steel. Of this sector, CLF is the most likely to bounce back, though.

steel
BUY

It reports Monday. Has been strong despite the Fed's rate hikes.

steel
BUY

Just upgraded on Wall Street. Estimated $1.2 billion free cash flow this year. Debt-to-EBITDA is just below 1, so they have little debt to buy. Input costs have decreased while car production rises (good for CLF). Expects them to buy back a ton of shares.

steel
WEAK BUY

With so few steel companies, Nucor and Cleveland Cliffs enjoy scarcity value with enough business to keep pricing up, though Nucor has a much better balance sheet. It reports Monday.

steel
DON'T BUY

They announced share buybacks a while ago, but the money still isn't flowing here.

steel
SELL

Iron ore space is a rollercoaster ride, high beta, depends on China. Volatile space, due to false start in China. He's been trimming names over past months. Nothing wrong with the operation, but dividend not attractive enough to provide protection in an economic slowdown.

steel
BUY

Many felt that the cycle was over and prices would collapse, but he feels this is a little downturn. Demand will bounce back because of infrastructure spending to come next and demand for EVs and batteries. This is where the cycle is heading for base metals.

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BUY

Consolidating after reaching new highs. Head and shoulders pattern. Good entry point now, with limited upside to $19. Need to sell around $13.60.

steel
BUY

Has risen to be the #2 steelmaker. Revenues have jumped from $2 billion in 2019 to $23 billion in 2022. Trades at only 6x trailing earnings. However, the street predicts EPS to fall from $5.35 in 2021 to $2.04 this year. His take: if we avoid recession, shares will soar, which makes this a trade.

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Curated by Allan Tong since 2019.
99+ opinions with 4.15 rating.

TOP PICK

CLF currently trades at 4.62 earnings, still below 6.02x when shares peaked about nine months ago. In fact, its forward PE stands at 9.66x, so the street feels this name has a lot of runway ahead. A few caveats, though. CLF doesn't pay a dividend, and its beta is 2.17, so expect some bumpiness. That said, Cleveland-Cliffs is currently enjoying strong momentum, driven by steel prices and slower interest rate hikes.

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TOP PICK
Cleveland-Cliffs, Inc. (Cliffs) is the largest flat-rolled steel producer in North America. Founded in 1847 as a mine operator, the company is also the largest producer of iron ore pellets in North America. In 2020, Cliffs acquired two major steelmakers, AK Steel and ArcelorMittal USA, vertically integrating its legacy iron ore business with quality-focused steel production and emphasis on the automotive end market. Its fully integrated portfolio includes custom-made pellets and hot briquetted iron (HBI); flat-rolled carbon steel, stainless, electrical, plate, tinplate and long steel products; as well as carbon and stainless steel tubing, hot and cold stamping and tooling. Headquartered in Cleveland, Ohio, Cliffs employ approximately 25,000 people across its mining, steel and downstream manufacturing operations in the United States and Canada. Social media mentions are up 233% in the past 24h.
steel
BUY
Cleveland was unfairly beaten up last year, but two weeks ago they will rework their orders with auto OEMs (50% of their business) will get higher prices while production costs will decline this year. A cheap stock that generates cash.
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Cleveland-Cliffs Inc.(CLF-N) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 4

Neutral - Hold Signals / Votes : 1

Bearish - Sell Signals / Votes : 3

Total Signals / Votes : 8

Stockchase rating for Cleveland-Cliffs Inc. is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Cleveland-Cliffs Inc.(CLF-N) Frequently Asked Questions

What is Cleveland-Cliffs Inc. stock symbol?

Cleveland-Cliffs Inc. is a American stock, trading under the symbol CLF-N on the New York Stock Exchange (CLF). It is usually referred to as NYSE:CLF or CLF-N

Is Cleveland-Cliffs Inc. a buy or a sell?

In the last year, 8 stock analysts published opinions about CLF-N. 4 analysts recommended to BUY the stock. 3 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Cleveland-Cliffs Inc..

Is Cleveland-Cliffs Inc. a good investment or a top pick?

Cleveland-Cliffs Inc. was recommended as a Top Pick by on . Read the latest stock experts ratings for Cleveland-Cliffs Inc..

Why is Cleveland-Cliffs Inc. stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Cleveland-Cliffs Inc. worth watching?

8 stock analysts on Stockchase covered Cleveland-Cliffs Inc. In the last year. It is a trending stock that is worth watching.

What is Cleveland-Cliffs Inc. stock price?

On 2024-10-11, Cleveland-Cliffs Inc. (CLF-N) stock closed at a price of $13.14.