Metallus (MTUS) Stock Price, News & Analysis

Company Overview

Metallus Inc. manufactures and sells alloy steel, and carbon and micro-alloy steel products in the United States and internationally. The company offers special bar quality (SBQ) bars, seamless mechanical tubes, precision steel components, and billets that are used in gears, hubs, axles, crankshafts and motor shafts, oil country drill pipes, bits and collars, bearing races and rolling elements, bushings, fuel injectors, wind energy shafts, anti-friction bearings, artillery and mortar bodies, and other applications. It also provides custom-make precision steel components. It offers its products and services to the automotive, energy, industrial equipment, mining, construction, rail, aerospace and defense, heavy truck, agriculture, and power generation sectors. The company was formerly known as TimkenSteel Corporation and changed its name to Metallus Inc. in February 2024. Metallus Inc. was founded in 1899 and is headquartered in Canton, Ohio.

Key Stats

• Today's Range: $14.22 to $14.56
• 50-Day Range: $14.01 to $16.64
• 52-Week Range: $13.82 to $24.31
• Volume: 184,749 shs
• Average Volume: 281,369 shs
• Market Capitalization: $624.94 million
• P/E Ratio: 12.40
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

Metallus Stock Analysis - MarketRank™

Metallus scored higher than 74% of companies evaluated by MarketBeat, and ranked 75th out of 188 stocks in the basic materials sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Metallus.

Earnings and Valuation

• Score: 4.4 / 5
• Proj. Earnings Growth: 70.83%

Earnings Growth

Earnings for Metallus are expected to grow by 70.83% in the coming year, from $0.96 to $1.64 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Metallus is 12.40, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 131.17.

Price to Earnings Ratio vs. Sector

The P/E ratio of Metallus is 12.40, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 120.52.

Price to Earnings Growth Ratio

Metallus has a PEG Ratio of 0.98. PEG Ratios around 1 indicate that a company is correctly valued.

Price to Book Value per Share Ratio

Metallus has a P/B Ratio of 0.85. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

7.85% of the float of Metallus has been sold short.

Short Interest Ratio / Days to Cover

Metallus has a short interest ratio ("days to cover") of 8.4.

Change versus previous month

Short interest in Metallus has recently increased by 6.14%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Metallus does not currently pay a dividend.

Dividend Growth

Metallus does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

7.85% of the float of Metallus has been sold short.

Short Interest Ratio / Days to Cover

Metallus has a short interest ratio ("days to cover") of 8.4.

Change versus previous month

Short interest in Metallus has recently increased by 6.14%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 3.4 / 5
• News Sentiment: 1.18

News Sentiment

Metallus has a news sentiment score of 1.18. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.38 average news sentiment score of Basic Materials companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for Metallus this week, compared to 1 article on an average week.

MarketBeat Follows

1 people have added Metallus to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Metallus insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $16,660.00 in company stock.

Percentage Held by Insiders

Only 3.70% of the stock of Metallus is held by insiders.

Percentage Held by Institutions

77.58% of the stock of Metallus is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

MTUS Stock Analysis - Frequently Asked Questions

How have MTUS shares performed this year?

Metallus' stock was trading at $20.36 at the beginning of the year. Since then, MTUS shares have decreased by 29.4% and is now trading at $14.38.
View the best growth stocks for 2024 here.

How were Metallus' earnings last quarter?

Metallus Inc. (NYSE:MTUS) announced its quarterly earnings results on Thursday, August, 8th. The company reported $0.15 EPS for the quarter, missing analysts' consensus estimates of $0.39 by $0.24. The firm's revenue for the quarter was down 17.4% compared to the same quarter last year.

Who are Metallus' major shareholders?

Metallus' top institutional shareholders include Assenagon Asset Management S.A. (0.46%), Principal Financial Group Inc. (0.46%), New York State Teachers Retirement System (0.19%) and Exchange Traded Concepts LLC (0.14%). Insiders that own company stock include Michael S Williams, Kevin A Raketich and Nicholas A Yacobozzi.
View institutional ownership trends.

How do I buy shares of Metallus?

Shares of MTUS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Metallus own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Metallus investors own include American Water Works (AWK), The RMR Group (RMR), Waste Connections (WCN), AUO (AUOTY), DiamondRock Hospitality (DRH), iShares Micro-Cap ETF (IWC) and Triple Flag Precious Metals (TFPM).

Company Calendar

• Last Earnings: 8/08/2024
• Today: 11/04/2024
• Next Earnings (Confirmed): 11/07/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Basic Materials
• Industry: Blast furnaces & steel mills
• Sub-Industry: Steel Works
• Current Symbol: NYSE:MTUS
• Previous Symbol: NYSE:MTUS
• CUSIP: N/A
• CIK: 1598428
• Web: www.timkensteel.com
• Phone: 330-471-7000
• Fax: 330-458-6006
• Employees: 1,840
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): $1.16
• Trailing P/E Ratio: 12.40
• Forward P/E Ratio: 14.98
• P/E Growth: 0.98
• Net Income: $69.40 million
• Net Margins: 4.21%
• Pretax Margin: 5.73%
• Return on Equity: 10.10%
• Return on Assets: 6.43%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 3.11
• Quick Ratio: 2.06

Sales & Book Value

• Annual Sales: $1.30 billion
• Price / Sales: 0.48
• Cash Flow: $3.48 per share
• Price / Cash Flow: 4.13
• Book Value: $16.95 per share
• Price / Book: 0.85

Miscellaneous

• Outstanding Shares: 43,459,000
• Free Float: 41,851,000
• Market Cap: $624.94 million
• Optionable: Optionable
• Beta: 1.36