How Many Olympic Steel, Inc. (NASDAQ:ZEUS)'s Analysts Are Bullish?

Author

29 May, 2017

Olympic Steel, Inc. has a 1-year low of $16.52 and a 1-year high of $31.19. The stock of Olympic Steel, Inc. April 28, 2017 is the announcement. About 223,539 shares traded.

Olympic Steel, Inc.is a metals service center. It has underperformed by 39.11% the S&P500.

First Fiduciary Investment Counsel Inc increased Wal (WMT) stake by 5.37% reported in 2016Q4 SEC filing. Below is a list of Olympic Steel, Inc. The stock decreased 0.22% or $0.17 on May 26, reaching $78.13. It is down 79.40% since May 26, 2016 and is uptrending.

Since January 5, 2017, it had 0 insider purchases, and 17 sales for $3.73 billion activity. Shareholders of record on Thursday, June 1st will be given a dividend of $0.02 per share. It dived, as 97 investors sold WMT shares while 540 reduced holdings. 77 funds opened positions while 479 raised stakes. During the same quarter in the previous year, the firm posted ($0.07) earnings per share. Hyman Charles D holds 18,785 shares or 0.18% of its portfolio. Matarin Mngmt Ltd holds 186,676 shares. 300,000 were reported by Masters Cap Mngmt Limited Liability Company. Trust Of Vermont holds 0.1% in Wal-Mart Stores Inc (NYSE:WMT) or 12,407 shares. Warren Averett Asset Ltd stated it has 0.17% in Wal-Mart Stores Inc (NYSE:WMT). 131,944 shares of the company traded hands. Edmp has invested 3.1% of its portfolio in Wal-Mart Stores Inc (NYSE:WMT). Three research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. Therefore 75% are positive. The firm has a 50-day moving average price of $18.86 and a 200-day moving average price of $22.37. Olympic Steel's dividend payout ratio (DPR) is -22.22%. They now have a United States dollars 19 price target on the stock. Bank of America downgraded it to "Neutral" rating and $65 target in Thursday, October 15 report. The stock of Wal-Mart Stores Inc (NYSE:WMT) has "Equal-Weight" rating given on Thursday, May 19 by Morgan Stanley. Alpha One also gave press coverage about the basic materials company an impact score of 66 out of 100, indicating that recent news coverage is likely to have an impact on the stock's share price in the near future. (NASDAQ:ZEUS) on Friday, March 10.

In other Olympic Steel news, Director Michael G. Rippey purchased 1,500 shares of the stock in a transaction dated Friday, May 12th. Capstone Asset Management Co.'s holdings in Olympic Steel were worth $203,000 at the end of the most recent quarter. The company had revenue of $334.90 million for the quarter, compared to analyst estimates of $305.41 million. It has a 11.42 P/E ratio. The Company operates through three segments: carbon flat products, specialty metals flat products, and tubular and pipe products.

Investors sentiment increased to 1.23 in Q4 2016. Its up 0.09, from 1.14 in 2016Q3. Buys 1,325 Shares of Olympic Steel, Inc. Dimensional Fund Advisors LP boosted its position in shares of Olympic Steel by 0.4% in the first quarter. 62,676 were accumulated by Cornerstone Capital Hldgs Lc. Olympic Steel Inc had 11 analyst reports since July 22, 2015 according to SRatingsIntel. (NASDAQ:ZEUS) for 27,823 shares. Dimensional Fund Advisors LP now owns 926,074 shares of the basic materials company's stock valued at $17,188,000 after buying an additional 3,394 shares during the last quarter. The legal version of this report can be viewed at https://www.themarketsdaily.com/2017/05/28/olympic-steel-inc-zeus-director-ratta-ralph-m-della-jr-purchases-1325-shares-updated-updated.html. (NASDAQ:ZEUS) for 13,308 shares. 525,200 are held by Lindsell Train Limited. Boston Family Office Lc reported 9,900 shares. Paradice Investment Management Llc acquired 260,986 shares as International Speedway Corp (ISCA)'s stock declined 6.70%. Ameriprise Inc holds 0% or 123,082 shares. State Of Tennessee Treasury Department has 0% invested in Olympic Steel, Inc. (NASDAQ:ZEUS) or 13,209 shares. (NASDAQ:ZEUS). Tiaa Cref Mgmt Ltd Limited Liability Company holds 0% in Olympic Steel, Inc. (NASDAQ:ZEUS). Great West Life Assurance Can accumulated 11,248 shares. Olympic Steel had a negative net margin of 0.38% and a negative return on equity of 1.28%. Therefore 67% are positive.

Analysts at KeyCorp issued their Q2 2017 EPS estimates for Olympic Steel in a research report issued on Wednesday, according to Zacks Investment Research. The firm earned "Sector Weight" rating on Monday, September 21 by KeyBanc Capital Markets. (NASDAQ:ZEUS) on Monday, September 21 to "Sector Weight" rating. The rating was upgraded by Macquarie Research on Tuesday, March 14 to "Outperform". The stock has "Neutral" rating by Macquarie Research on Tuesday, November 8. The company was downgraded on Friday, August 19 by KeyBanc Capital Markets. Jefferies reinitiated the stock with "Buy" rating in Wednesday, January 13 report. The latest reports which are outstanding on Sunday 28th of May state 0 analysts have a rating of "strong buy", 1 analysts "buy", 2 analysts "neutral", 0 analysts "sell" and 0 analysts "strong sell". The company now has an average rating of "Hold" and an average price target of $23.00.

(NASDAQ:ZEUS) latest ratings and price target changes.


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