ASTL vs. TMST, CRS, NFGC, WLKP, SCHN, NGD, KOP, MERC, EXK, and MATV
Should you be buying Algoma Steel Group stock or one of its competitors? The main competitors of Algoma Steel Group include TimkenSteel (TMST), Carpenter Technology (CRS), New Found Gold (NFGC), Westlake Chemical Partners (WLKP), Schnitzer Steel Industries (SCHN), New Gold (NGD), Koppers (KOP), Mercer International (MERC), Endeavour Silver (EXK), and Mativ (MATV). These companies are all part of the "basic materials" sector.
Algoma Steel Group vs.
Algoma Steel Group (NASDAQ:ASTL) and TimkenSteel (NYSE:TMST) are both small-cap basic materials companies, but which is the superior business? We will compare the two companies based on the strength of their profitability, community ranking, media sentiment, valuation, earnings, institutional ownership, analyst recommendations, risk and dividends.
Algoma Steel Group has a net margin of 18.84% compared to TimkenSteel's net margin of 3.26%. Algoma Steel Group's return on equity of 38.45% beat TimkenSteel's return on equity.
63.8% of Algoma Steel Group shares are owned by institutional investors. Comparatively, 81.4% of TimkenSteel shares are owned by institutional investors. 1.6% of TimkenSteel shares are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.
Algoma Steel Group has higher revenue and earnings than TimkenSteel. Algoma Steel Group is trading at a lower price-to-earnings ratio than TimkenSteel, indicating that it is currently the more affordable of the two stocks.
In the previous week, Algoma Steel Group had 2 more articles in the media than TimkenSteel. MarketBeat recorded 4 mentions for Algoma Steel Group and 2 mentions for TimkenSteel. TimkenSteel's average media sentiment score of 1.31 beat Algoma Steel Group's score of 0.50 indicating that TimkenSteel is being referred to more favorably in the news media.
TimkenSteel received 360 more outperform votes than Algoma Steel Group when rated by MarketBeat users. Likewise, 63.13% of users gave TimkenSteel an outperform vote while only 18.75% of users gave Algoma Steel Group an outperform vote.
Algoma Steel Group currently has a consensus target price of $12.88, suggesting a potential upside of 65.06%. TimkenSteel has a consensus target price of $24.00, suggesting a potential upside of 27.73%. Given Algoma Steel Group's higher probable upside, research analysts clearly believe Algoma Steel Group is more favorable than TimkenSteel.
Algoma Steel Group has a beta of 1.48, indicating that its stock price is 48% more volatile than the S&P 500. Comparatively, TimkenSteel has a beta of 1.71, indicating that its stock price is 71% more volatile than the S&P 500.
Summary
Algoma Steel Group and TimkenSteel tied by winning 8 of the 16 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.
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.
Algoma Steel Group Competitors List
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