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Olympic Steel Inc is a steel business based in the US. Olympic Steel shares (ZEUS) are listed on the NASDAQ and all prices are listed in US Dollars. Olympic Steel employs 1,705 staff and has a trailing 12-month revenue of around 0.00.
|Latest market close||$25.26|
|52-week range||$11.18 - $39.97|
|50-day moving average||$25.06|
|200-day moving average||$29.21|
|Wall St. target price||$31.25|
|Dividend yield||$0.08 (0.32%)|
|Earnings per share (TTM)||$4.52|
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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
|1 week (2021-10-13)||-1.21%|
|1 month (2021-09-20)||11.57%|
|3 months (2021-07-20)||-11.86%|
|6 months (2021-04-20)||-7.54%|
|1 year (2020-10-19)||112.27%|
|2 years (2019-10-18)||73.01%|
|3 years (2018-10-19)||37.58%|
|5 years (2016-10-19)||8.83%|
Valuing Olympic Steel stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Olympic Steel's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Olympic Steel's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 6x. In other words, Olympic Steel shares trade at around 6x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Olympic Steel's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 0.46. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Olympic Steel's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
Olympic Steel's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $88.5 million.
The EBITDA is a measure of a Olympic Steel's overall financial performance and is widely used to measure a its profitability.
|Revenue TTM||$1.7 billion|
|Operating margin TTM||4.79%|
|Gross profit TTM||$255 million|
|Return on assets TTM||6.45%|
|Return on equity TTM||15.88%|
|Market capitalisation||$281.5 million|
TTM: trailing 12 months
There are currently 361,257 Olympic Steel shares held short by investors – that's known as Olympic Steel's "short interest". This figure is 6.4% down from 385,956 last month.
There are a few different ways that this level of interest in shorting Olympic Steel shares can be evaluated.
Olympic Steel's "short interest ratio" (SIR) is the quantity of Olympic Steel shares currently shorted divided by the average quantity of Olympic Steel shares traded daily (recently around 72251.4). Olympic Steel's SIR currently stands at 5. In other words for every 100,000 Olympic Steel shares traded daily on the market, roughly 5000 shares are currently held short.
However Olympic Steel's short interest can also be evaluated against the total number of Olympic Steel shares, or, against the total number of tradable Olympic Steel shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Olympic Steel's short interest could be expressed as 0.03% of the outstanding shares (for every 100,000 Olympic Steel shares in existence, roughly 30 shares are currently held short) or 0.0387% of the tradable shares (for every 100,000 tradable Olympic Steel shares, roughly 39 shares are currently held short).
A SIR below 10% would generally be considered to indicate a fairly optimistic outlook for the share price, with fewer people currently willing to bet against Olympic Steel.
Find out more about how you can short Olympic Steel stock.
Dividend payout ratio: 1.66% of net profits
Recently Olympic Steel has paid out, on average, around 1.66% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0.31% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Olympic Steel shareholders could enjoy a 0.31% return on their shares, in the form of dividend payments. In Olympic Steel's case, that would currently equate to about $0.08 per share.
While Olympic Steel's payout ratio might seem low, this can signify that Olympic Steel is investing more in its future growth.
Olympic Steel's most recent dividend payout was on 14 September 2021. The latest dividend was paid out to all shareholders who bought their shares by 30 August 2021 (the "ex-dividend date").
Over the last 12 months, Olympic Steel's shares have ranged in value from as little as $11.1793 up to $39.9709. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Olympic Steel's is 1.6053. This would suggest that Olympic Steel's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).
Olympic Steel, Inc. processes and distributes metal products in the United States and internationally. It operates in three segments: Carbon Flat Products; Specialty Metals Flat Products; and Tubular and Pipe Products. The Carbon Flat Products segment sells and distributes processed carbon and coated flat-rolled sheets, coil and plate products, and fabricated parts. The Specialty Metals Flat Products segment sells and distributes processed aluminum and stainless flat-rolled sheets and coil products, flat bar products, and fabricated parts, as well as stainless steel and aluminum plates, sheets, angles, rounds, flat bars, tubing and pipe, and prime tin mill products. The Tubular and Pipe Products segment distributes metal tubing products, pipes, bars, valves and fittings, and fabricated pressure parts. The company also provides various processing services comprising cutting-to-length, slitting, flattening, sawing and shearing, and value-added processing of blanking, tempering, plate burning, laser cutting, precision machining, welding, fabricating, bending, beveling, polishing, kitting, and painting to process metals to specified lengths, widths, and shapes.
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