Cleveland Stock Analysis

CLF -  USA Stock  

USD 20.27  0.92  4.34%

The latest price surge of Cleveland-Cliffs could raise concerns from shareholders as the firm it trading at a share price of 20.27 on 44,669,400 in volume. The company directors and management may have good odds in positioning the firm resources to exploit market volatility in July. The stock standard deviation of daily returns for 90 days investing horizon is currently 4.77. This high volatility is attributed to the latest market swings and not so good earnings reports for some of the Cleveland Cliffs partners.
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The Cleveland Cliffs stock analysis report makes it easy to digest most publicly released information about Cleveland Cliffs and get updates on important government artifacts, including earning estimates, SEC corporate filings, and announcements. Cleveland stock analysis module also helps to analyze the Cleveland Cliffs price relationship with some important fundamental indicators such as market cap and management efficiency.

Cleveland Stock Analysis Notes

About 60.0% of the company shares are held by institutions such as insurance companies. The book value of Cleveland Cliffs was currently reported as 4.79. The company has Price/Earnings To Growth (PEG) ratio of 0.15. Cleveland-Cliffs recorded a loss per share of 0.07. The entity next dividend is scheduled to be issued on the 2nd of April 2020. The firm had 2:1 split on the 16th of May 2008. Cleveland-Cliffs Inc. operates as an independent iron ore mining company in the United States, Canada, and internationally. Cleveland-Cliffs Inc. was founded in 1847 and is headquartered in Cleveland, Ohio. Cleveland Cliffs operates under Steel classification in the United States and is traded on New York Stock Exchange. It employs 25000 people. For more info on Cleveland-Cliffs please contact Lourenco Goncalves at 216 694-5700 or go to www.cliffsnaturalresources.com.

Cleveland Cliffs Quarterly Cost of Revenue

3.76 BillionShare

Cleveland-Cliffs Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Cleveland Cliffs' investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Cleveland-Cliffs or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Cleveland-Cliffs has very high historical volatility over the last 90 days
The company reported the last year's revenue of 9.04 B. Reported Net Loss for the year was (29 M) with profit before taxes, overhead, and interest of 477 M.
Cleveland-Cliffs has about 110 M in cash with (473 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.22.
Roughly 60.0% of the company shares are held by institutions such as insurance companies
Latest headline from seekingalpha.com: Cleveland-Cliffs forecasts 5B full-year adjusted EBITDA - Seeking Alpha

Cleveland-Cliffs Upcoming and Recent Events

Earnings reports are used by Cleveland Cliffs to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Cleveland Cliffs previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
Upcoming Quarterly Report29th of July 2021
Next Earnings Report22nd of October 2021
Next Fiscal Quarter End30th of June 2021
Next Fiscal Year End24th of February 2022
Last Quarter Report31st of March 2021
Last Earning Announcement30th of June 2020

Cleveland Largest EPS Surprises

Earnings surprises can significantly impact Cleveland Cliffs' stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2003-01-29
2002-12-310.050.060.0120 
2000-10-25
2000-09-300.070.080.0114 
2000-07-26
2000-06-300.080.090.0112 
View All Earnings Estimates

Cleveland Cliffs SEC Filings

SEC filings are important regulatory documents required of all public companies to provide to potential investors. Cleveland Cliffs prospectus issued under the guidelines of SEC is a legal declaration of facts and statements to ensure that Cleveland Cliffs investors are not misled. SEC filings are required by law to meet strict transparency standards and other important legal constraints. Although many companies may choose careful wording to disguise some material information, SEC filings make crucial Cleveland-Cliffs specific information freely available to individual and institutional investors to make a timely investment decision.
28th of May 2021
Financial Statements and Exhibits. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
View
30th of April 2021
Financial Statements and Exhibits. Submission of Matters to a Vote of Security Holders. Amendments to Articles of Incorporation or Bylaws; and/or Change in Fiscal Year. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
View
22nd of April 2021
Financial Statements and Exhibits. Results of Operations and Financial Condition
View
12th of March 2021
Financial Statements and Exhibits. Other Events
View
25th of February 2021
Financial Statements and Exhibits. Unclassified Corporate Event. Results of Operations and Financial Condition
View
17th of February 2021
Financial Statements and Exhibits. Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. Entry into a Material Definitive Agreement
View
11th of February 2021
Financial Statements and Exhibits. Other Events
View
10th of February 2021
Unclassified Corporate Event
View

Cleveland Cliffs Thematic Classifications

In addition to having Cleveland Cliffs stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
Industrial Metal Mining IdeaIndustrial Metal Mining
USA Equities from Industrial Metal Mining industry as classified by Fama & French

Cleveland Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Cleveland Cliffs is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Cleveland-Cliffs backward and forwards among themselves. Cleveland Cliffs' institutional investor refers to the entity that pools money to purchase Cleveland Cliffs' securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Security TypeSharesValue
Blackrock IncCommon Shares54.5 M1.1 B
Vanguard Group IncCommon Shares42.3 M851.5 M
Fmr LlcCommon Shares29.4 M591.5 M
State Street CorpCommon Shares18 M362.6 M
Fisher Asset Management LlcCommon Shares13.1 M262.8 M
Susquehanna International Group LlpCall Options9.3 M186.6 M
Geode Capital Management LlcCommon Shares7.7 M154 M
Invesco LtdCommon Shares7.5 M149.9 M
Graham Capital Management LpDebt54.7 M143.1 M
Susquehanna International Group LlpPut Options6.3 M125.7 M
Note, although Cleveland Cliffs' institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Cleveland Market Capitalization

The company currently falls under 'Large-Cap' category with total capitalization of 10.12 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Cleveland Cliffs's market, we take the total number of its shares issued and multiply it by Cleveland Cliffs's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities.

Cleveland Profitablity

Cleveland Cliffs' profitability indicators refer to fundamental financial ratios that showcase Cleveland Cliffs' ability to generate income relative to its revenue or operating costs. If, let's say, Cleveland Cliffs is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Cleveland Cliffs' executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Cleveland Cliffs' profitability requires more research than a typical breakdown of Cleveland Cliffs' financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Net Profit Margin of (0.32) %, which means that it does not effectively control expenditures or properly executes on its pricing strategies. This is way below average. In the same way, it shows Net Operating Margin of 10.89 %, which entails that for every 100 dollars of revenue, it generated 0.11 of operating income.
Last ReportedProjected for 2021
Return on Investment(2.67) (2.74) 
Return on Average Assets(0.011) (0.0118) 
Return on Average Equity(0.11) (0.11) 
Return on Invested Capital 0.08  0.08 
Return on Sales 0.001  0.001079 

Management Efficiency

The entity has Return on Asset of 2.37 % which means that on every $100 spent on asset, it made $2.37 of profit. This is way below average. In the same way, it shows return on shareholders equity (ROE) of 1.07 %, implying that it generated $1.07 on every 100 dollars invested. Cleveland Cliffs management efficiency ratios could be used to measure how well cleveland-cliffs manages its routine affairs as well as how well it operates its assets and liabilities. Cleveland Cliffs Return on Sales is projected to increase slightly based on the last few years of reporting. The past year's Return on Sales was at 0.001. Cleveland Cliffs Current Assets are projected to increase significantly based on the last few years of reporting. The past year's Current Assets were at 5.3 Billion. The current year Assets Non Current is expected to grow to about 12.4 B, whereas Tax Assets are forecasted to decline to about 478 M.
Last ReportedProjected for 2021
Book Value per Share 5.05  7.21 
Enterprise Value over EBITK2.2 K
Enterprise Value over EBITDA 32.72  35.30 
Price to Book Value 2.88  3.11 
Tangible Assets Book Value per Share 38.48  37.42 
Enterprise Value10.2 B8.2 B
Tangible Asset Value15.4 B16.6 B

Technical Drivers

As of the 19th of June, Cleveland Cliffs shows the mean deviation of 3.6, and Risk Adjusted Performance of 0.081. Cleveland-Cliffs technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to break down and interpolate nineteen technical drivers for Cleveland-Cliffs, which can be compared to its rivals. Please confirm Cleveland-Cliffs downside deviation, treynor ratio, expected short fall, as well as the relationship between the variance and potential upside to decide if Cleveland-Cliffs is priced correctly, providing market reflects its regular price of 20.27 per share. Given that Cleveland Cliffs has jensen alpha of 0.4817, we suggest you to validate Cleveland-Cliffs's prevailing market performance to make sure the company can sustain itself at a future point.

Cleveland-Cliffs Price Movement Analysis

The output start index for this execution was one with a total number of output elements of sixty. The Parabolic SAR indicator is used to determine the direction of Cleveland-Cliffs's momentum and the point in time when Cleveland Cliffs has higher than normal probability directional change. View also all equity analysis or get more info about parabolic sar overlap studies indicator.

Cleveland-Cliffs Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Cleveland Cliffs insiders, such as employees or executives, is commonly permitted as long as it does not rely on Cleveland Cliffs' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Cleveland Cliffs insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
John Baldwin over a week ago via Macroaxis 
Sale by John Baldwin of 7200 shares of Cleveland Cliffs
Janet Miller over a month ago via Macroaxis 
Purchase by Janet Miller of 1280 shares of Cleveland Cliffs
Janet Miller over a month ago via Macroaxis 
Acquisition by Janet Miller of 65 shares of Cleveland Cliffs subject to Rule 16b-3
Janet Miller over two months ago via Macroaxis 
Acquisition by Janet Miller of 451 shares of Cleveland Cliffs subject to Rule 16b-3
Keith Koci over three months ago via Macroaxis 
Purchase by Keith Koci of 15000 shares of Cleveland Cliffs
Floriani Kimberly A over three months ago via Macroaxis 
Acquisition by Floriani Kimberly A of 5428 shares of Cleveland Cliffs subject to Rule 16b-3
Floriani Kimberly A over three months ago via Macroaxis 
Payment of 2091 shares by Floriani Kimberly A of Cleveland Cliffs subject to Rule 16b-3
Janet Miller over six months ago via Macroaxis 
Acquisition by Janet Miller of 1119 shares of Cleveland Cliffs subject to Rule 16b-3
William Gerber over six months ago via Macroaxis 
Acquisition by William Gerber of 27397 shares of Cleveland Cliffs subject to Rule 16b-3
John Baldwin over six months ago via Macroaxis 
Purchase by John Baldwin of 9000 shares of Cleveland Cliffs
Janet Miller over six months ago via Macroaxis 
Acquisition by Janet Miller of 1397 shares of Cleveland Cliffs subject to Rule 16b-3
Brake William over a year ago via Macroaxis 
Acquisition by Brake William of tradable shares of Cleveland Cliffs subject to Rule 16b-3

Cleveland Cliffs Outstanding Bonds

Cleveland Cliffs issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Cleveland-Cliffs uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Cleveland bonds can be classified according to their maturity, which is the date when Cleveland-Cliffs has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

Cleveland Cliffs Predictive Daily Indicators

Cleveland Cliffs intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Cleveland Cliffs stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Cleveland Cliffs Forecast Models

Cleveland Cliffs time-series forecasting models is one of many Cleveland Cliffs' stock analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Cleveland Cliffs' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.

About Cleveland Cliffs Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Cleveland Cliffs stock is reacting to, or reflecting on a current stock market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Cleveland shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas, a specific sector, or an individual stock such as Cleveland Cliffs. By using and applying Cleveland Stock analysis, traders can create a robust methodology for identifying Cleveland entry and exit points for their positions.
Last ReportedProjected for 2021
Operating Margin(2.65) (2.72) 
EBITDA Margin 0.06  0.06 
Gross Margin 0.047  0.0482 
Profit Margin(0.023) (0.0248) 
Cleveland-Cliffs Inc. operates as an independent iron ore mining company in the United States, Canada, and internationally. It operates in two segments, Mining and Pelletizing, and Metallics. The company operates three iron ore mines, including the Tilden mine in Michigan and the Northshore and United Taconite mines in Minnesota, as well as holds 23 percent stake in the Hibbing mine in Minnesota. It produces various grades of iron ore pellets, including standard, fluxed, and DR-grade for blast furnace steel producers and flat-rolled carbon, stainless, and electrical steel products primarily for the automotive, infrastructure, and manufacturing markets. The company was formerly known as Cliffs Natural Resources Inc. and changed its name to Cleveland-Cliffs Inc. in August 2017. Cleveland-Cliffs Inc. was founded in 1847 and is headquartered in Cleveland, Ohio.

Current Cleveland Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Cleveland analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Cleveland analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
25.73Buy3Odds
Cleveland-Cliffs current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Cleveland analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Cleveland stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Cleveland-Cliffs, talking to its executives and customers, or listening to Cleveland conference calls.
Cleveland Analyst Advice Details

Cleveland Stock Analysis Indicators

Cleveland-Cliffs stock analysis indicators help investors evaluate how Cleveland Cliffs stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Cleveland Cliffs shares will generate the highest return on investment. By understating and applying Cleveland Cliffs stock analysis, traders can identify Cleveland Cliffs position entry and exit signals to maximize returns.
Quick Ratio0.60
Fifty Two Week Low4.92
Revenue Growth1,027.90%
Average Daily Volume Last 10 Day54.11M
Shares Short Prior Month43.2M
Average Daily Volume In Three Month25.54M
Shares Percent Shares Out8.39%
Gross Margins8.43%
Forward Price Earnings8.97
Short Percent Of Float9.70%
Float Shares454.37M
Fifty Two Week High24.77
Fifty Day Average20.24
Enterprise Value To Ebitda17.12
Two Hundred Day Average17.01
Enterprise Value To Revenue1.86
Continue to Trending Equities. Note that the Cleveland-Cliffs information on this page should be used as a complementary analysis to other Cleveland Cliffs' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.

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The market value of Cleveland-Cliffs is measured differently than its book value, which is the value of Cleveland that is recorded on the company's balance sheet. Investors also form their own opinion of Cleveland Cliffs' value that differs from its market value or its book value, called intrinsic value, which is Cleveland Cliffs' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cleveland Cliffs' market value can be influenced by many factors that don't directly affect Cleveland-Cliffs underlying business (such as pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Cleveland Cliffs' value and its price as these two are different measures arrived at by different means. Investors typically determine Cleveland Cliffs value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cleveland Cliffs' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.