Cleveland-Cliffs Inc.
General ticker "CLF" information:
- Sector: Materials
- Industry: Steel
- Capitalization: $4.9B (TTM average)
Cleveland-Cliffs Inc. follows the US Stock Market performance with the rate: 63.4%.
Estimated limits based on current volatility of 3.3%: low 13.45$, high 14.37$
Factors to consider:
- Total employees count: 30000 (+7.1%) as of 2024
- US accounted for 90.4% of revenue in the fiscal year ended 2024-12-31
- Top business risk factors: Economic downturns and volatility, Regulatory and compliance, Operational and conduct risks, Sustainability risks, Labor/talent shortage/retention
- Current price 64.8% above estimated high
- Earnings for 9 months up through Q3 are below our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2024-12-31 to 2026-12-31
- 2024-12-31 to 2025-12-31 estimated range: [4.23$, 10.11$]
- 2025-12-31 to 2026-12-31 estimated range: [3.66$, 8.50$]
Financial Metrics affecting the CLF estimates:
- Negative: with PPE of -13.0 at the end of fiscal year the price was high
- Positive: -5.02 < Operating profit margin, % of -3.81
- Positive: Industry operating cash flow per share per price (median), % of 10.93 > 10.14
- Positive: -3.57 < Return on assets ratio (scaled to [-100,100]) of -3.27
- Negative: Industry inventory ratio change (median), % of 3.22 > 0.28
Short-term CLF quotes
Long-term CLF plot with estimates
Financial data
| YTD | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating Revenue | $22,908.00MM | $21,996.00MM | $19,097.00MM |
| Operating Expenses | $20,969.00MM | $21,319.00MM | $19,853.00MM |
| Operating Income | $1,939.00MM | $677.00MM | $-756.00MM |
| Non-Operating Income | $-143.00MM | $-80.00MM | $-187.00MM |
| Interest Expense | $276.00MM | $289.00MM | $370.00MM |
| Income(Loss) | $1,796.00MM | $597.00MM | $-943.00MM |
| Taxes | $423.00MM | $148.00MM | $-235.00MM |
| Other Income(Loss) | $3.00MM | $1.00MM | $0.00MM |
| Profit(Loss)* | $1,335.00MM | $399.00MM | $-754.00MM |
| Stockholders Equity | $7,791.00MM | $7,887.00MM | $6,664.00MM |
| Inventory | $5,130.00MM | $4,460.00MM | $5,094.00MM |
| Assets | $18,755.00MM | $17,537.00MM | $20,947.00MM |
| Operating Cash Flow | $2,423.00MM | $2,267.00MM | $105.00MM |
| Capital expenditure | $943.00MM | $646.00MM | $695.00MM |
| Investing Cash Flow | $-936.00MM | $-591.00MM | $-3,212.00MM |
| Financing Cash Flow | $-1,509.00MM | $-1,504.00MM | $2,970.00MM |
| Earnings Per Share** | $2.57 | $0.78 | $-1.57 |
* Profit(Loss) attributable to entity.
** EPS are Split Adjusted, recent splits may be reflected with a delay.