# X Stock Seems Boring but has Big Upside Potential | Utradea

## Photo by: the blowup

# “Is the X stock a good buy right now?”. This analysis uses 2 valuation methods to determine an X Stock Forecast, which can help us answer this popular question.

As you may know, the **United states steel corporation (NYSE: ****X****)** is a leader in the Steel industry. This analysis will examine X’s key financial metrics and ratios to determine a price prediction for its stock. Keep in mind that this stock forecast takes several assumptions into account, which may hinder the accuracy of the price target achieved. I’ll share my X stock price prediction, then show you the approach and assumptions that I used to calculate my **X stock forecast.**

Stock forecasting is hard, I don’t know what the future will hold, and neither do Wall Street Analysts. If either of us could, we would be extremely wealthy and never have to work again. What I can say, however, is that we can use available data to determine a reasonable X stock forecast to make us more informed and knowledgeable about our potential investments.

# X Stock Forecast for 2025 is $32.62 Per Share

The United states steel corporation stock price prediction of $32.62 was derived from 2 main valuation methods (which are averaged for the final price target you see above). I’ll dive into the approach to show you how I determined how I “predicted” a stock price of $32.62 for X.

- X Financial Growth Metrics
- X Comparable Companies Analysis

# X Stock Forecast Using PE Ratio and EPS

This section of the analysis will focus on X’s forward P/E and EPS ratio estimates in order to get a rough estimate for their future stock price.

X’s forward Earnings Per Share (in 2025) have been estimated to be** 7.25**. Furthermore, X’s forward Price to Earnings Ratio has been forecasted to reach **2.94.** By having both X’s forward P/E and EPS, we can multiply them together to reach an X stock forecast of **$21.32 per share**

There are other ways to predict the price for X but I would argue that P/E, EPS, and Earnings Growth are the most commonly used financial metrics by analysts and investors. This is why I used them to forecast X’s stock price.

# X Stock Forecast for 2025 Using Comparable Analysis

# Who are X’s Competitors?

In order to undergo a comparable analysis, we need to outline X’s main competitors. These competitors need to have; a stock, valid financial ratios, operations similar to X, and a market cap similar to X (if possible).

Keeping this in mind, here are X’s closest competitors:

KGC, EXP, MDU, AXTA, BAK, HUN, ASH, ESI, CC, SID

# Using a Comparable Analysis to Determine a X Price Forecast

**Price to Book (P/B):**X’s current P/B ratio is 0.62, compared to the average P/B ratio of X’s peers being 1.92. This implies that X is undervalued and their share price should change by a factor of 161.29% to be at fair value (based on X’s P/B compared to the P/B of their peers).**Price to Earnings (P/E):**X stock P/E ratio is currently 1.35, compared to the average P/E ratio of X’s peers being 5.53. This implies that X is undervalued and their share price should change by a factor of 409.63% to be at fair value (based on X’s P/E compared to the P/E of their peers).

Overall, X stock is undervalued and needs to experience a change in the stock price of (an average of) 285.46% to be considered “at fair value”. Applying this percentage change to X’s current price of $23.68 implies a forecasted price of $43.92.

# Are the X Analyst Ratings in Agreeance With Our Conclusion?

Analyst Ratings have provided a relatively strong indicator of future price movement, which is why they are used to (hopefully) support our X stock forecast. There are a total of 29 analyst ratings for X, which are distributed as follows:

8 Buys

12 Holds

9 Sells

As you may have been able to tell 27.59% of analysts have given the X stock a ‘buy” rating. Based on the current X analyst ratings there seems to be an overall bearish sentiment, with analyst “sell” ratings forming a minority of total ratings given. However, the “sell” minority of ratings slightly edges out the “bullish” minority of ratings.

# X Stock Forecast and Conclusion

Let’s end this analysis by using the information accumulated to answer the question that was posed at the very start of this analysis **“Is the X stock a buy?”**

Based on the overall X stock forecast of $32.62 per share (derived from P/E & EPS, and comparable valuations), and the current price of X is $23.68, I would disagree with the analysts and say **X is a buy.**

Let me know what you think, happy to dive into other aspects of X to help you make an informed investment decision.

*Originally published at **https://utradea.com**.*