Algoma Steel Group (ASTL) Competitors

$7.77
-0.13 (-1.65%)
(As of 05/10/2024 ET)

ASTL vs. MTUS, EU, LAAC, WLKP, HAYN, CLW, UUUU, CRML, UAN, and TGB

Should you be buying Algoma Steel Group stock or one of its competitors? The main competitors of Algoma Steel Group include Metallus (MTUS), enCore Energy (EU), Lithium Americas (Argentina) (LAAC), Westlake Chemical Partners (WLKP), Haynes International (HAYN), Clearwater Paper (CLW), Energy Fuels (UUUU), Critical Metals (CRML), CVR Partners (UAN), and Taseko Mines (TGB). These companies are all part of the "basic materials" sector.

Algoma Steel Group vs.

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

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Metallus
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
N/A
Algoma Steel Group
0 Sell rating(s)
0 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
3.00

In the previous week, Metallus had 24 more articles in the media than Algoma Steel Group. MarketBeat recorded 26 mentions for Metallus and 2 mentions for Algoma Steel Group. Metallus' average media sentiment score of 1.87 beat Algoma Steel Group's score of 0.12 indicating that Algoma Steel Group is being referred to more favorably in the news media.

Company Overall Sentiment
Metallus Neutral
Algoma Steel Group Very Positive

Metallus has a net margin of 5.81% compared to Metallus' net margin of 2.05%. Algoma Steel Group's return on equity of 13.12% beat Metallus' return on equity.

Company Net Margins Return on Equity Return on Assets
Metallus5.81% 13.12% 8.20%
Algoma Steel Group 2.05%3.84%2.22%

77.6% of Metallus shares are held by institutional investors. Comparatively, 72.0% of Algoma Steel Group shares are held by institutional investors. 3.7% of Metallus shares are held by insiders. Comparatively, 7.8% of Algoma Steel Group shares are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Metallus$1.36B0.73$69.40M$1.6813.40
Algoma Steel Group$2.10B0.38$225.82M$0.1077.70

Algoma Steel Group received 4 more outperform votes than Metallus when rated by MarketBeat users.

CompanyUnderperformOutperform
MetallusN/AN/A
Algoma Steel GroupOutperform Votes
4
23.53%
Underperform Votes
13
76.47%

Metallus has a beta of 1.55, indicating that its share price is 55% more volatile than the S&P 500. Comparatively, Algoma Steel Group has a beta of 1.54, indicating that its share price is 54% more volatile than the S&P 500.

Summary

Metallus beats Algoma Steel Group on 8 of the 15 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding ASTL 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$822.57M$11.72B$2.92B$7.81B
Dividend Yield2.53%2.96%5.20%3.92%
P/E Ratio77.7017.56134.5713.02
Price / Sales0.380.84976,739.4275.08
Price / Cash2.755.9823.7635.64
Price / Book0.731.103.674.34
Net Income$225.82M$1.63B$169.79M$217.43M
7 Day Performance-0.51%-0.20%1.67%-0.15%
1 Month Performance-3.84%-3.74%1.40%-1.64%
1 Year Performance9.28%22.73%164.91%8.89%

Algoma Steel Group Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
MTUS
Metallus
0 of 5 stars
$20.56
-4.5%
N/AN/A$902.16M$1.36B14.081,840Earnings Report
Insider Selling
News Coverage
EU
enCore Energy
3.4039 of 5 stars
$4.41
-4.1%
$6.00
+36.1%
N/A$799.75MN/A-27.56N/AShort Interest ↓
Analyst Revision
Positive News
LAAC
Lithium Americas (Argentina)
3.4723 of 5 stars
$5.07
-5.1%
$10.70
+111.0%
N/A$816.78MN/A0.63850Upcoming Earnings
WLKP
Westlake Chemical Partners
2.7995 of 5 stars
$21.86
-0.1%
$26.50
+21.2%
+3.5%$770.13M$1.19B14.192,020Insider Buying
News Coverage
Positive News
HAYN
Haynes International
3.7109 of 5 stars
$60.15
-0.3%
$60.00
-0.2%
+29.8%$768.72M$589.96M18.451,284Short Interest ↑
Analyst Revision
CLW
Clearwater Paper
2.4353 of 5 stars
$45.10
+10.8%
$42.00
-6.9%
+49.8%$746.86M$2.08B7.093,100Short Interest ↓
High Trading Volume
UUUU
Energy Fuels
2.8204 of 5 stars
$5.18
-6.2%
$9.83
+90.0%
N/A$846.89M$37.93M8.21147Earnings Report
Analyst Revision
CRML
Critical Metals
0 of 5 stars
$10.50
-10.2%
N/AN/A$857.22MN/A0.00N/AGap Down
UAN
CVR Partners
0 of 5 stars
$80.60
-2.0%
N/A-20.8%$865.34M$681.48M4.94310
TGB
Taseko Mines
1.993 of 5 stars
$2.46
-7.5%
$2.83
+15.2%
N/A$715.15M$388.86M12.30N/AGap Down
High Trading Volume

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This page (NASDAQ:ASTL) was last updated on 5/11/2024 by MarketBeat.com Staff

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