Metallus Stock Sees Q3 Earnings Forecast Boosted at Sidoti

Key Points

• Sidoti raised Metallus’ Q3 2027 EPS forecast to $0.49 from $0.46, while estimating $0.35 EPS for Q4 2027 and $1.59 for full-year 2027.
• Metallus shares were down 0.6% at $20.92, with the stock carrying an average analyst rating of “Hold” and a market capitalization of approximately $867 million.
• The company’s latest quarterly results beat EPS expectations, reporting $0.26 versus the $0.24 consensus, although revenue of $261.4 million fell short of the $330.85 million estimate. An executive vice president also sold 5,000 shares, while institutional investors own 77.58% of the stock.

Metallus Inc. (NYSE:MTUS - Free Report) - Analysts at Sidoti upped their Q3 2027 EPS estimates for Metallus in a research report issued to clients and investors on Monday, October 5th. Sidoti analyst J. Franzreb now anticipates that the company will post earnings per share of $0.49 for the quarter, up from their prior forecast of $0.46. The consensus estimate for Metallus' current full-year earnings is $0.83 per share. Sidoti also issued estimates for Metallus' Q4 2027 earnings at $0.35 EPS and FY2027 earnings at $1.59 EPS.

Several other research firms have also issued reports on MTUS. KeyCorp restated a "sector weight" rating on shares of Metallus in a research report on Wednesday, August 5th. Weiss Ratings reiterated a "hold (c)" rating on shares of Metallus in a research report on Friday, September 4th. Three analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, Metallus presently has an average rating of "Hold".

Metallus Stock Down 0.6%

NYSE MTUS opened at $20.92 on Wednesday. The company has a 50-day simple moving average of $19.95 and a two-hundred day simple moving average of $19.08. Metallus has a 12-month low of $14.19 and a 12-month high of $22.58. The firm has a market cap of $867.13 million, a price-to-earnings ratio of 110.11, a PEG ratio of 1.69 and a beta of 1.37.

Metallus (NYSE:MTUS - Get Free Report) last announced its quarterly earnings data on Monday, August 3rd. The company reported $0.26 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.24 by $0.02. The company had revenue of $261.40 million during the quarter, compared to analysts' expectations of $330.85 million. Metallus had a net margin of 0.66% and a return on equity of 3.35%.

Insiders Place Their Bets

In other news, EVP Kristine Syrvalin sold 5,000 shares of Metallus stock in a transaction that occurred on Monday, October 5th. The stock was sold at an average price of $21.12, for a total value of $105,600.00. Following the sale, the executive vice president directly owned 101,078 shares in the company, valued at approximately $2,134,767.36. This trade represents a 4.71% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 3.80% of the company's stock.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. Public Employees Retirement System of Ohio purchased a new stake in shares of Metallus in the 2nd quarter worth about $37,000. State of Wyoming purchased a new position in shares of Metallus during the second quarter valued at about $77,000. GAMMA Investing LLC increased its position in shares of Metallus by 29.4% during the second quarter. GAMMA Investing LLC now owns 4,335 shares of the company's stock valued at $81,000 after buying an additional 986 shares during the period. UNIVEST FINANCIAL Corp bought a new position in Metallus in the second quarter worth about $187,000. Finally, Canada Pension Plan Investment Board bought a new position in Metallus in the second quarter worth about $234,000. 77.58% of the stock is owned by hedge funds and other institutional investors.

Metallus Company Profile

Metallus, Inc NYSE: MTUS is a steel manufacturer focused on specialty alloys and engineered metal products. The company produces high-performance alloy steel, specialty bar quality (SBQ) steel, seamless mechanical tubing and related components designed for demanding industrial applications.

Its products serve customers in markets including automotive, industrial equipment, energy, aerospace and defense, and other applications that require strength, durability and precise material performance.

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