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: $14.58 to $14.83
• 50-Day Range: $14.01 to $16.42
• 52-Week Range: $13.82 to $24.31
• Volume: 242,769 shs
• Average Volume: 299,271 shs
• Market Capitalization: $621.20 million
• P/E Ratio: 28.12
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

Metallus Stock Analysis - MarketRank™

Metallus scored higher than 69% of companies evaluated by MarketBeat, and ranked 92nd out of 193 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: 3.8 / 5
• Proj. Earnings Growth: 51.56%

Earnings Growth

Earnings for Metallus are expected to grow by 51.56% in the coming year, from $0.64 to $0.97 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Metallus is 28.12, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 125.26.

Price to Earnings Ratio vs. Sector

The P/E ratio of Metallus is 28.12, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 110.84.

Price to Earnings Growth Ratio

Metallus has a PEG Ratio of 1.53. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Metallus has a P/B Ratio of 0.87. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

7.87% 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 8.9.

Change versus previous month

Short interest in Metallus has recently decreased by 2.04%, indicating that investor sentiment is improving.

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

7.87% 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 8.9.

Change versus previous month

Short interest in Metallus has recently decreased by 2.04%, indicating that investor sentiment is improving.

News and Social Media

• Score: 3.8 / 5
• News Sentiment: 1.76

News Sentiment

Metallus has a news sentiment score of 1.76. 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 0.52 average news sentiment score of Basic Materials companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for Metallus this week, compared to 2 articles on an average week.

MarketBeat Follows

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

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Metallus insiders have not sold or bought any 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 start of the year. Since then, MTUS shares have decreased by 28.2% and is now trading at $14.62.
View the best growth stocks for 2024 here.

How were Metallus' earnings last quarter?

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

Who are Metallus' major shareholders?

Top institutional investors of Metallus include State Street Corp (5.15%), Pacer Advisors Inc. (4.29%), Systematic Financial Management LP (2.60%) and Janus Henderson Group PLC (2.47%). 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: 11/21/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 2/25/2025

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): $0.52
• Trailing P/E Ratio: 28.12
• Forward P/E Ratio: 22.84
• P/E Growth: 1.53
• Net Income: $69.40 million
• Net Margins: 2.05%
• Pretax Margin: 2.79%
• Return on Equity: 6.15%
• Return on Assets: 3.91%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 2.64
• Quick Ratio: 1.68

Sales & Book Value

• Annual Sales: $1.36 billion
• Price / Sales: 0.46
• Cash Flow: $3.40 per share
• Price / Cash Flow: 4.30
• Book Value: $16.77 per share
• Price / Book: 0.87

Miscellaneous

• Outstanding Shares: 42,490,000
• Free Float: 40,922,000
• Market Cap: $621.20 million
• Optionable: Optionable
• Beta: 1.36