Olympic Steel (NASDAQ:ZEUS - Get Free Report) is projected to post its quarterly earnings results after the market closes on Thursday, February 20th. Analysts expect Olympic Steel to post earnings of $0.08 per share and revenue of $441.60 million for the quarter. Individual that are interested in registering for the company's earnings conference call can do so using this link.
Olympic Steel Trading Up 1.1 %
Olympic Steel stock traded up $0.40 during trading hours on Friday, reaching $35.35. 64,307 shares of the company's stock traded hands, compared to its average volume of 60,365. The firm has a market capitalization of $393.45 million, a price-to-earnings ratio of 15.50 and a beta of 1.52. The firm's 50 day moving average is $34.81 and its 200-day moving average is $37.92. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.26 and a current ratio of 3.52. Olympic Steel has a fifty-two week low of $30.29 and a fifty-two week high of $73.49.
Analysts Set New Price Targets
A number of analysts recently weighed in on the stock. StockNews.com downgraded shares of Olympic Steel from a "buy" rating to a "hold" rating in a research report on Friday, October 25th. KeyCorp upgraded shares of Olympic Steel from a "sector weight" rating to an "overweight" rating and set a $42.00 price target on the stock in a research report on Wednesday, January 22nd.
Read Our Latest Stock Analysis on ZEUS
Olympic Steel Company Profile
(
Get Free Report)
Olympic Steel, Inc processes, distributes, and stores metal products primarily in the United States, Canada, and Mexico. It operates in three segments: Carbon Flat Products; Specialty Metals Flat Products; and Tubular and Pipe Products. The company offers stainless steel and aluminum coil and sheet products, angles, rounds, and flat bars; alloy, heat treated, and abrasion resistant coils, sheets and plates; coated metals, including galvanized, galvannealed, electro galvanized, advanced high strength steels, aluminized, and automotive grades of steel; commercial quality, advanced high strength steel, drawing steel, and automotive grades cold rolled steel coil and sheet products; hot rolled carbon comprising hot rolled coil, pickled and oiled sheet and plate steel products, automotive grades, advanced high strength steels, and high strength low alloys; tube, pipe, and bar products, including round, square, and rectangular mechanical and structural tubing; hydraulic and stainless tubing; boiler tubing; carbon, stainless, and aluminum pipes; valves and fittings; and tin mill products, such as electrolytic tinplate, electrolytic chromium coated steel, and black plates.
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