Wall Street Zen Upgrades Metallus (NYSE:MTUS) to Hold

Wall Street Zen upgraded shares of Metallus (NYSE:MTUS - Free Report) from a sell rating to a hold rating in a report released on Friday morning.

Separately, Sidoti upgraded Metallus to a "hold" rating in a report on Friday, May 9th.

Metallus Stock Down 1.1%

Shares of MTUS traded down $0.14 on Friday, hitting $12.66. The company's stock had a trading volume of 445,742 shares, compared to its average volume of 369,493. The firm's fifty day moving average price is $12.83 and its 200-day moving average price is $14.20. Metallus has a fifty-two week low of $10.78 and a fifty-two week high of $24.28. The firm has a market capitalization of $533.09 million, a price-to-earnings ratio of 24.35, a P/E/G ratio of 1.02 and a beta of 1.44.

Metallus (NYSE:MTUS - Get Free Report) last issued its quarterly earnings results on Thursday, May 8th. The company reported $0.07 EPS for the quarter, missing analysts' consensus estimates of $0.11 by ($0.04). The firm had revenue of $280.50 million during the quarter, compared to the consensus estimate of $264.03 million. Metallus had a net margin of 2.05% and a return on equity of 6.15%. The business's revenue for the quarter was down 12.8% on a year-over-year basis. During the same quarter last year, the firm earned $0.56 earnings per share. As a group, equities analysts predict that Metallus will post 0.66 earnings per share for the current fiscal year.

Institutional Trading of Metallus

Several institutional investors and hedge funds have recently bought and sold shares of MTUS. GAMMA Investing LLC raised its stake in Metallus by 108.1% in the first quarter. GAMMA Investing LLC now owns 1,883 shares of the company's stock valued at $25,000 after buying an additional 978 shares during the period. Quadrant Capital Group LLC raised its stake in Metallus by 36.3% in the fourth quarter. Quadrant Capital Group LLC now owns 2,943 shares of the company's stock valued at $42,000 after buying an additional 783 shares during the period. CWM LLC raised its stake in Metallus by 60.2% in the first quarter. CWM LLC now owns 3,421 shares of the company's stock valued at $46,000 after buying an additional 1,286 shares during the period. Tower Research Capital LLC TRC raised its stake in Metallus by 103.7% in the fourth quarter. Tower Research Capital LLC TRC now owns 4,775 shares of the company's stock valued at $67,000 after buying an additional 2,431 shares during the period. Finally, Annis Gardner Whiting Capital Advisors LLC bought a new stake in Metallus in the first quarter valued at approximately $67,000. Institutional investors own 77.58% of the company's stock.

Metallus Company Profile

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.