About Olympic Steel (NASDAQ:ZEUS)
Olympic Steel, Inc. is a metals service center. The Company provides metals processing and distribution services for a range of customers. The Company operates through three segments: carbon flat products, specialty metals flat products, and tubular and pipe products. The Company's carbon flat products segment's focus is on the direct sale and distribution of large volumes of processed carbon and coated flat-rolled sheet, coil and plate products and fabricated parts. The Company's specialty metals flat products segment's focus is on the direct sale and distribution of processed aluminum and stainless flat-rolled sheet and coil products, flat bar products and fabricated parts. The Company's tubular and pipe products segment consists of the Chicago Tube and Iron Company (CTI) business. Through its tubular and pipe products segment, it distributes metals tubing, pipe, bar, valve and fittings, and fabricate pressure parts supplied to various industrial markets.
Industry, Sector and Symbol:
- Sector: Basic Materials
- Industry: Steel
- Sub-Industry: Steel
- Symbol: NASDAQ:ZEUS
- CUSIP: 68162K10
- Web: www.olysteel.com
- Market Cap: $216.65 million
- Outstanding Shares: 10,967,000
- 50 Day Moving Avg: $19.99
- 200 Day Moving Avg: $18.61
- 52 Week Range: $15.83 - $28.67
Sales & Book Value:
- Trailing P/E Ratio: 25.97
- Foreward P/E Ratio: 14.86
- P/E Growth: 0.44
- Annual Revenue: $1.21 billion
- Price / Sales: 0.18
- Book Value: $24.28 per share
- Price / Book: 0.81
- Annual Dividend: $0.08
- Dividend Yield: 0.4%
- EBITDA: $36.12 million
- Net Margins: 0.71%
- Return on Equity: 2.82%
- Return on Assets: 1.26%
- Debt-to-Equity Ratio: 0.79%
- Current Ratio: 3.98%
- Quick Ratio: 1.56%
- Average Volume: 137,671 shs.
- Beta: 1.74
- Short Ratio: 1.7
Frequently Asked Questions for Olympic Steel (NASDAQ:ZEUS)
What is Olympic Steel's stock symbol?
Olympic Steel trades on the NASDAQ under the ticker symbol "ZEUS."
How often does Olympic Steel pay dividends? What is the dividend yield for Olympic Steel?
Olympic Steel announced a quarterly dividend on Thursday, August 3rd. Investors of record on Friday, September 1st will be given a dividend of $0.02 per share on Friday, September 15th. This represents a $0.08 annualized dividend and a yield of 0.40%. The ex-dividend date is Wednesday, August 30th. View Olympic Steel's Dividend History.
How were Olympic Steel's earnings last quarter?
Olympic Steel, Inc. (NASDAQ:ZEUS) announced its quarterly earnings data on Thursday, August, 3rd. The company reported $0.47 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.41 by $0.06. The business had revenue of $356.20 million for the quarter, compared to analysts' expectations of $365 million. Olympic Steel had a net margin of 0.71% and a return on equity of 2.82%. During the same quarter in the prior year, the business posted $0.32 earnings per share. View Olympic Steel's Earnings History.
When will Olympic Steel make its next earnings announcement?
Where is Olympic Steel's stock going? Where will Olympic Steel's stock price be in 2017?
3 equities research analysts have issued 12 month price targets for Olympic Steel's shares. Their forecasts range from $19.00 to $28.00. On average, they expect Olympic Steel's share price to reach $22.33 in the next twelve months. View Analyst Ratings for Olympic Steel.
Who are some of Olympic Steel's key competitors?
Some companies that are related to Olympic Steel include SolGold plc (SOLG), Sherritt International Corp (S), Uranium Participation Corp (U), Trinidad Drilling (TDG), North American Palladium Ltd (PDL), goeasy Ltd (GSY), DAQO New Energy Corp. (DQ), Handy & Harman Ltd (HNH), Dalradian Resources (DNA), Endeavour Silver Corp (EDR), CVR Partners, LP (UAN), Golden Star Resources (GSC), BlackPearl Resources (PXX), Perseus Mining Ltd (PRU), Kenmare Resources plc (KMR), Ryerson Holding Corporation (RYI), Mainstreet Equity Corp. (MEQ) and Lonmin PLC (LNMIY).
Who are Olympic Steel's key executives?
Olympic Steel's management team includes the folowing people:
- Michael D. Siegal, Chairman of the Board, Chief Executive Officer
- David A. Wolfort, President, Director
- Richard T. Marabito, Chief Financial Officer
- Donald R. McNeeley Jr., Director, President, Chief Executive Officer of Chicago Tube and Iron Company
- Andrew S. Greiff, Chief Operating Officer, Executive Vice President
- James D. Post, Regional Vice President and General Manager
- Richard A. Manson, Vice President, Treasurer
- Chris Garrett, Vice President of IT – Flat Rolled
- Steven R. Wasil, Vice President – Specialty Metals
- Kevin L. Miller, General Manager - Cleveland Division
How do I buy Olympic Steel stock?
Shares of Olympic Steel can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Olympic Steel's stock price today?
MarketBeat Community Rating for Olympic Steel (NASDAQ ZEUS)MarketBeat's community ratings are surveys of what our community members think about Olympic Steel and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Olympic Steel stock can currently be purchased for approximately $19.76.
Consensus Ratings for Olympic Steel (NASDAQ:ZEUS) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||2 Hold Ratings, 1 Buy Rating|
|Consensus Rating:||Hold (Score: 2.33)|
|Consensus Price Target: ||$22.33 (13.02% upside)|Consensus Price Target History for Olympic Steel (NASDAQ:ZEUS)
Analysts' Ratings History for Olympic Steel (NASDAQ:ZEUS)
(Data available from 10/22/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|7/7/2017||Jefferies Group LLC||Reiterated Rating||Hold||Low|
|3/14/2017||Macquarie||Upgrade||Neutral -> Outperform||High|
Earnings History for Olympic Steel (NASDAQ:ZEUS)Earnings History by Quarter for Olympic Steel (NASDAQ ZEUS)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|8/3/2017||Q2 2017||$0.41||$0.47||$365.00 million||$356.20 million||View||Listen|
|4/28/2017||Q1 2017||$0.40||$0.51||$305.41 million||$334.90 million||View||N/A|
|3/2/2017||Q4 2016||($0.21)||($0.19)||$248.59 million||$257.60 million||View||Listen|
|11/3/2016||Q316||$0.39||($0.16)||$293.40 million||$268.30 million||View||N/A|
|8/2/2016||Q216||$0.39||$0.32||$305.66 million||$273.60 million||View||N/A|
|4/29/2016||Q116||($0.15)||($0.07)||$251.82 million||$258.30 million||View||Listen|
|2/25/2016||Q415||($0.14)||($0.45)||$246.28 million||$237.50 million||View||Listen|
|11/5/2015||Q315||($0.09)||($0.05)||$304.32 million||$276.90 million||View||N/A|
|8/6/2015||Q215||($0.13)||($0.08)||$350.03 million||$315.30 million||View||N/A|
|5/1/2015||Q115||($0.33)||$0.10||$316.44 million||$345.90 million||View||N/A|
|2/26/2015||Q414||$0.02||($2.42)||$341.40 million||$326.70 million||View||N/A|
|11/6/2014||Q314||$0.38||$0.14||$378.54 million||$376.60 million||View||N/A|
|8/7/2014||Q214||$0.45||$0.36||$364.83 million||$386.00 million||View||N/A|
|4/30/2014||Q114||$0.33||$0.25||$342.60 million||$346.90 million||View||N/A|
|2/27/2014||Q413||$0.14||$0.12||$298.77 million||$290.50 million||View||N/A|
|10/31/2013||Q313||$0.38||$0.12||$332.60 million||$304.00 million||View||N/A|
|8/9/2013||Q2 2013||$0.35||$0.23||$343.82 million||$330.80 million||View||N/A|
|5/3/2013||Q1 2013||$0.28||$0.47||$347.59 million||$338.10 million||View||N/A|
|2/21/2013||Q4 2012||$0.08||($0.92)||$320.39 million||$291.70 million||View||N/A|
|11/8/2012||Q312||$0.35||$0.15||$357.41 million||$342.60 million||View||N/A|
Earnings Estimates for Olympic Steel (NASDAQ:ZEUS)
2017 EPS Consensus Estimate: $0.94
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for Olympic Steel (NASDAQ:ZEUS)
|Most Recent Dividend:||9/15/2017|
|Payout Ratio:||10.67% (Trailing 12 Months of Earnings) |
7.48% (Based on This Year's Estimates)
6.02% (Based on Next Year's Estimates)
Dividend History by Quarter for Olympic Steel (NASDAQ ZEUS)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Olympic Steel (NASDAQ:ZEUS)
Insider Ownership Percentage: 18.29%Insider Trades by Quarter for Olympic Steel (NASDAQ:ZEUS)
Institutional Ownership Percentage: 68.11%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|9/5/2017||Andrew S Greiff||COO||Buy||3,500||$17.75||$62,125.00|| |
|8/11/2017||Richard T Marabito||CFO||Buy||2,000||$17.42||$34,840.00|| |
|5/16/2017||Richard T Marabito||CFO||Buy||550||$18.06||$9,933.00|| |
|5/12/2017||Michael G Rippey||Director||Buy||1,500||$17.10||$25,650.00|| |
|5/5/2017||Ratta Ralph M Della Jr||Director||Buy||1,325||$18.89||$25,029.25|| |
|5/4/2017||Michael G Rippey||Director||Buy||4,000||$18.46||$73,840.00|| |
|5/3/2017||Arthur F Anton||Director||Buy||2,000||$20.00||$40,000.00|| |
|3/10/2017||Richard T Marabito||CFO||Buy||600||$19.00||$11,400.00|| |
|9/11/2015||Dirk A Kempthorne||Director||Buy||1,000||$11.84||$11,840.00|| |
|9/9/2015||Michael G Rippey||Director||Buy||3,000||$12.25||$36,750.00|| |
|9/4/2015||Michael G Rippey||Director||Buy||3,000||$12.25||$36,750.00|| |
|8/20/2015||Michael G Rippey||Director||Buy||2,000||$12.00||$24,000.00|| |
|5/4/2015||Arthur F Anton||Director||Buy||6,315||$15.68||$99,019.20|| |
|3/9/2015||Donald R Jr. Mcneeley||Insider||Buy||4,000||$14.21||$56,840.00|| |
|3/6/2015||Richard T Marabito||CFO||Buy||1,800||$14.06||$25,308.00|| |
|3/5/2015||Donald R Jr. Mcneeley||Insider||Buy||4,000||$14.32||$57,280.00|| |
|3/14/2014||Richard Marabito||CFO||Buy||1,000||$26.95||$26,950.00|| |
|3/7/2014||James Meathe||Director||Sell||2,700||$27.90||$75,330.00|| |
|3/6/2014||Howard Goldstein||Director||Sell||2,000||$27.45||$54,900.00|| |
|9/12/2013||Howard Goldstein||Director||Sell||1,900||$26.93||$51,167.00|| |
|9/11/2013||Howard Goldstein||Director||Sell||5,600||$27.33||$153,048.00|| |
|9/9/2013||Howard Goldstein||Director||Sell||2,500||$27.00||$67,500.00|| |
|8/9/2013||Howard Goldstein||Director||Sell||3,000||$28.51||$85,530.00|| |
|2/28/2013||Donald R Jr. Mcneeley||Director||Buy||4,400||$20.72||$91,168.00|| |
|2/27/2013||Ratta Ralph M Della Jr||Director||Buy||1,226||$20.38||$24,985.88|| |
|2/25/2013||Donald R Jr. Mcneeley||Director||Buy||5,000||$20.18||$100,900.00|| |
|2/22/2013||Donald R Jr. Mcneeley||Director||Buy||5,000||$20.46||$102,300.00|| |
|11/26/2012||Donald R Jr. Mcneeley||Director||Buy||1,104||$18.45||$20,368.80|| |
|11/23/2012||Donald R Jr. Mcneeley||Director||Buy||4,018||$18.07||$72,605.26|| |
|11/20/2012||Donald R Jr. Mcneeley||Director||Buy||7,626||$17.82||$135,895.32|| |
|11/16/2012||Donald R Jr. Mcneeley||Director||Buy||4,252||$16.88||$71,773.76|| |
|8/13/2012||Donald R Jr. Mcneeley||Director||Buy||15,142||$16.48||$249,540.16|| |
Headline Trends for Olympic Steel (NASDAQ:ZEUS)
Latest Headlines for Olympic Steel (NASDAQ:ZEUS)
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Olympic Steel (ZEUS) Chart for Sunday, October, 22, 2017