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Algoma Steel Group (ASTL) Competitors

Algoma Steel Group logo
$9.42 +0.07 (+0.75%)
(As of 12/20/2024 05:51 PM ET)

ASTL vs. WS, CSTM, SPLP, MTUS, ACNT, HUHU, BWEN, APWC, OCC, and AQMS

Should you be buying Algoma Steel Group stock or one of its competitors? The main competitors of Algoma Steel Group include Worthington Steel (WS), Constellium (CSTM), Steel Partners (SPLP), Metallus (MTUS), Ascent Industries (ACNT), HUHUTECH International Group (HUHU), Broadwind (BWEN), Asia Pacific Wire & Cable (APWC), Optical Cable (OCC), and Aqua Metals (AQMS). These companies are all part of the "steel works" industry.

Algoma Steel Group vs.

Worthington Steel (NYSE:WS) and Algoma Steel Group (NASDAQ:ASTL) are both small-cap basic materials companies, but which is the superior business? We will contrast the two businesses based on the strength of their institutional ownership, earnings, analyst recommendations, valuation, dividends, risk, profitability, media sentiment and community ranking.

Worthington Steel pays an annual dividend of $0.64 per share and has a dividend yield of 1.9%. Algoma Steel Group pays an annual dividend of $0.20 per share and has a dividend yield of 2.1%. Worthington Steel pays out 22.5% of its earnings in the form of a dividend. Algoma Steel Group pays out -15.7% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Algoma Steel Group is clearly the better dividend stock, given its higher yield and lower payout ratio.

Algoma Steel Group received 1 more outperform votes than Worthington Steel when rated by MarketBeat users. However, 60.00% of users gave Worthington Steel an outperform vote while only 23.53% of users gave Algoma Steel Group an outperform vote.

CompanyUnderperformOutperform
Worthington SteelOutperform Votes
3
60.00%
Underperform Votes
2
40.00%
Algoma Steel GroupOutperform Votes
4
23.53%
Underperform Votes
13
76.47%

Worthington Steel has higher revenue and earnings than Algoma Steel Group. Algoma Steel Group is trading at a lower price-to-earnings ratio than Worthington Steel, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Worthington Steel$3.36B0.52$154.70M$2.8511.96
Algoma Steel Group$2.49B0.40$77.99M-$1.27-7.42

45.4% of Worthington Steel shares are held by institutional investors. Comparatively, 72.0% of Algoma Steel Group shares are held by institutional investors. 2.2% of Worthington Steel shares are held by insiders. Comparatively, 7.8% of Algoma Steel Group shares are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.

In the previous week, Worthington Steel had 22 more articles in the media than Algoma Steel Group. MarketBeat recorded 22 mentions for Worthington Steel and 0 mentions for Algoma Steel Group. Worthington Steel's average media sentiment score of 0.19 beat Algoma Steel Group's score of 0.00 indicating that Worthington Steel is being referred to more favorably in the media.

Company Overall Sentiment
Worthington Steel Neutral
Algoma Steel Group Neutral

Worthington Steel has a net margin of 3.71% compared to Algoma Steel Group's net margin of -6.30%. Worthington Steel's return on equity of 12.14% beat Algoma Steel Group's return on equity.

Company Net Margins Return on Equity Return on Assets
Worthington Steel3.71% 12.14% 7.34%
Algoma Steel Group -6.30%-10.63%-5.43%

Worthington Steel currently has a consensus price target of $40.00, suggesting a potential upside of 17.30%. Given Worthington Steel's stronger consensus rating and higher possible upside, research analysts clearly believe Worthington Steel is more favorable than Algoma Steel Group.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Worthington Steel
0 Sell rating(s)
1 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.50
Algoma Steel Group
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
0.00

Summary

Worthington Steel beats Algoma Steel Group on 14 of the 19 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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ASTL vs. The Competition

MetricAlgoma Steel GroupBlast furnaces & steel mills IndustryMaterials SectorNASDAQ Exchange
Market Cap$986.47M$10.84B$2.81B$9.07B
Dividend Yield2.07%2.97%5.22%4.22%
P/E Ratio-7.4216.19111.9817.19
Price / Sales0.400.72782,614.33116.80
Price / Cash6.445.7524.1437.86
Price / Book0.881.073.394.78
Net Income$77.99M$1.44B$152.93M$225.60M
7 Day Performance-6.55%-6.41%-2.90%-1.24%
1 Month Performance-17.15%-10.64%1.39%3.06%
1 Year Performance-3.29%-7.91%17.75%16.50%

Algoma Steel Group Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
ASTL
Algoma Steel Group
0.9384 of 5 stars
$9.42
+0.7%
N/A+0.9%$986.47M$2.49B-7.422,844Positive News
WS
Worthington Steel
3.6237 of 5 stars
$41.32
-1.9%
$40.00
-3.2%
+13.8%$2.10B$3.43B16.984,600Earnings Report
Dividend Announcement
News Coverage
Gap Down
CSTM
Constellium
3.9629 of 5 stars
$10.98
-1.6%
$21.00
+91.3%
-46.8%$1.58B$6.78B15.0812,000
SPLP
Steel Partners
2.1137 of 5 stars
$41.25
-0.6%
N/A+9.7%$791.18M$1.91B4.265,100Analyst Forecast
News Coverage
MTUS
Metallus
3.3457 of 5 stars
$16.01
+0.6%
N/AN/A$680.27M$1.36B30.601,840Positive News
ACNT
Ascent Industries
1.013 of 5 stars
$11.50
-1.4%
N/A+44.5%$116.04M$193.18M-68.59710News Coverage
HUHU
HUHUTECH International Group
N/A$4.74
-7.8%
N/AN/A$99.78M$17.49M0.00N/APositive News
BWEN
Broadwind
3.6808 of 5 stars
$1.81
+1.1%
$5.17
+185.5%
-29.7%$40.03M$156.17M12.79490Positive News
APWC
Asia Pacific Wire & Cable
0.3443 of 5 stars
$1.58
flat
N/A+6.8%$32.58M$425.77M0.001,210Analyst Forecast
News Coverage
OCC
Optical Cable
1.0503 of 5 stars
$2.17
+1.4%
N/A-23.9%$17.84M$72.17M0.00327News Coverage
Positive News
Gap Down
AQMS
Aqua Metals
2.0888 of 5 stars
$1.89
-4.5%
$30.00
+1,487.3%
-88.3%$13.48M$30,000.00-0.4220News Coverage
Gap Up

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This page (NASDAQ:ASTL) was last updated on 12/21/2024 by MarketBeat.com Staff
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