Sidoti Analysts Boost Earnings Estimates for Metallus

Key Points

• Sidoti raised Metallus’ Q1 2027 EPS estimate to $0.30 from $0.29 and forecast Q2 2027 EPS of $0.45; the consensus full-year estimate is $0.83 per share.
• Metallus reported quarterly EPS of $0.26, beating expectations of $0.24, but revenue of $261.4 million fell short of the $330.85 million consensus estimate. The company posted a 0.66% net margin and 3.35% return on equity.
• Shares rose 5.8% to open at $21.04, while analysts maintained an overall Hold view. Institutional investors own 77.58% of the stock, and an executive recently sold 5,000 shares.

Metallus Inc. (NYSE:MTUS - Free Report) - Stock analysts at Sidoti upped their Q1 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 earn $0.30 per share for the quarter, up from their previous forecast of $0.29. The consensus estimate for Metallus' current full-year earnings is $0.83 per share. Sidoti also issued estimates for Metallus' Q2 2027 earnings at $0.45 EPS.

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

A number of other analysts also recently weighed in on the company. KeyCorp restated a "sector weight" rating on shares of Metallus in a research note 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, the stock presently has an average rating of "Hold".

Metallus Trading Up 5.8%

NYSE MTUS opened at $21.04 on Tuesday. The stock has a market capitalization of $872.05 million, a price-to-earnings ratio of 110.74, a PEG ratio of 1.60 and a beta of 1.37. The business's 50 day moving average is $19.95 and its two-hundred day moving average is $19.04. Metallus has a 12-month low of $14.19 and a 12-month high of $22.58.

Insider Buying and Selling

In other Metallus news, EVP Kristine Syrvalin sold 5,000 shares of the company's stock in a transaction dated Monday, October 5th. The shares were sold at an average price of $21.12, for a total transaction of $105,600.00. Following the transaction, the executive vice president directly owned 101,078 shares in the company, valued at approximately $2,134,767.36. This represents a 4.71% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Corporate insiders own 3.80% of the company's stock.

Institutional Investors Weigh In On Metallus

A number of hedge funds and other institutional investors have recently modified their holdings of MTUS. BlackRock Inc. acquired a new position in Metallus during the second quarter worth $108,942,000. Donald Smith & CO. Inc. grew its holdings in Metallus by 49.6% in the fourth quarter. Donald Smith & CO. Inc. now owns 963,671 shares of the company's stock valued at $16,537,000 after purchasing an additional 319,465 shares during the last quarter. Azarias Capital Management L.P. grew its holdings in Metallus by 12.1% in the first quarter. Azarias Capital Management L.P. now owns 543,322 shares of the company's stock valued at $8,878,000 after purchasing an additional 58,511 shares during the last quarter. Emerald Advisers LLC purchased a new position in shares of Metallus in the first quarter valued at $6,146,000. Finally, Sei Investments Co. increased its position in shares of Metallus by 32.1% in the first quarter. Sei Investments Co. now owns 287,643 shares of the company's stock valued at $4,700,000 after buying an additional 69,874 shares in the last quarter. 77.58% of the stock is currently owned by institutional investors and hedge funds.

About Metallus

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.