Olympic Steel, Inc. (ZEUS): Price and Financial Metrics
ZEUS Stock Summary
- The capital turnover (annual revenue relative to shareholder's equity) for ZEUS is 4.1 -- better than 89.26% of US stocks.
- With a price/sales ratio of 0.18, Olympic Steel Inc has a higher such ratio than just 2.38% of stocks in our set.
- Olympic Steel Inc's shareholder yield -- a measure of how much capital is returned to stockholders via dividends and buybacks -- is 15.24%, greater than the shareholder yield of 88.47% of stocks in our set.
- Stocks with similar financial metrics, market capitalization, and price volatility to Olympic Steel Inc are VLGEA, PFIN, FCFS, SSY, and OCC.
- ZEUS's SEC filings can be seen here. And to visit Olympic Steel Inc's official web site, go to www.olysteel.com.
ZEUS Stock Price Chart Interactive Chart >
ZEUS Price/Volume Stats
| Current price | $20.15 | 52-week high | $23.05 |
| Prev. close | $19.90 | 52-week low | $7.74 |
| Day low | $19.44 | Volume | 101,428 |
| Day high | $20.84 | Avg. volume | 51,410 |
| 50-day MA | $15.56 | Dividend yield | 0.4% |
| 200-day MA | $12.81 | Market Cap | 223.16M |
Olympic Steel, Inc. (ZEUS) Company Bio
Olympic Steel processes and distributes metal products in the United States, Canada, Puerto Rico, Mexico, and internationally. It operates in two segments, Flat Products, and Tubular and Pipe Products. The company was founded in 1954 and is based in Bedford Heights, Ohio.
ZEUS Price Forecast Based on DCF Valuation
| Current Price | DCF Fair Value Target: | Forecasted Gain: |
| $20.15 | $29.08 | 50% |
Below please find a table outlining a discounted cash flow forecast for ZEUS, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Olympic Steel Inc ranked in the 63th percentile in terms of potential gain offered. Specifically, our DCF analysis implies the stock is trading below its fair value by an estimated 50.33%. The most interesting components of our discounted cash flow analysis for Olympic Steel Inc ended up being:
- Interest coverage, a measure of earnings relative to interest payments, is 0.07 -- which is good for besting just 21.2% of its peer stocks (US stocks in the Basic Materials sector with positive cash flow).
- 54% of the company's capital comes from equity, which is greater than only 21.6% of stocks in our cash flow based forecasting set.
- Olympic Steel Inc's effective tax rate, as measured by taxes paid relative to net income, is at 161 -- greater than 98.4% of US stocks with positive free cash flow.
| Terminal Growth Rate in Free Cash Flow | Return Relative to Current Share Price |
| 0% | 47% |
| 1% | 48% |
| 2% | 50% |
| 3% | 51% |
| 4% | 52% |
| 5% | 54% |
For other companies in the Basic Materials that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as ZEUS, try SCL, SVM, KALU, RPM, and GLT.
Latest ZEUS News From Around the Web
Below are the latest news stories about Olympic Steel Inc that investors may wish to consider to help them evaluate ZEUS as an investment opportunity.
Olympic Steel Reports Fourth-Quarter and Full-Year 2020 ResultsOlympic Steel, Inc. (Nasdaq: ZEUS), a leading national metals service center, today announced financial results for the three and 12 months ended December 31, 2020. |
Olympic Steel declares $0.02 dividendOlympic Steel (ZEUS) declares $0.02/share quarterly dividend, in line with previous.Forward yield 0.51%Payable March 15; for shareholders of record March 1; ex-div Feb. 26.See ZEUS Dividend Scorecard, Yield Chart, & Dividend Growth.... |
Olympic Steel Announces Quarterly Cash Dividend; Updates Time of Fourth-Quarter Earnings Conference CallCLEVELAND--(BUSINESS WIRE)--Olympic Steel, Inc. (Nasdaq: ZEUS), a leading national metals service center, today announced the Company’s Board of Directors approved a regular quarterly cash dividend of $0.02 per share. The dividend is payable on March 15, 2021, to shareholders of record on March 1, 2021. As previously announced, the Company intends to release its 2020 fourth-quarter financial results before the market opens on February 25, 2021. The Company will also host a conference call with |
4 Steel Producer Stocks to Buy From a Rebounding Industry4 Steel Producer Stocks to Buy From a Rebounding Industry |
Zacks Industry Outlook Highlights: United States Steel Corporation, ArcelorMittal, Schnitzer Steel, POSCO and Olympic SteelZacks Industry Outlook Highlights: United States Steel Corporation, ArcelorMittal, Schnitzer Steel, POSCO and Olympic Steel |
ZEUS Price Returns
| 1-mo | 37.13% |
| 3-mo | 33.06% |
| 6-mo | 72.19% |
| 1-year | 57.65% |
| 3-year | -1.74% |
| 5-year | 52.10% |
| YTD | 51.33% |
| 2020 | -25.11% |
| 2019 | 26.29% |
| 2018 | -33.35% |
| 2017 | -10.94% |
| 2016 | 110.20% |
ZEUS Dividends
| Ex-Dividend Date | Type | Payout Amount | Change | ||||||
|---|---|---|---|---|---|---|---|---|---|
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Continue Researching ZEUS
Here are a few links from around the web to help you further your research on Olympic Steel Inc's stock as an investment opportunity:Olympic Steel Inc (ZEUS) Stock Price | Nasdaq
Olympic Steel Inc (ZEUS) Stock Quote, History and News - Yahoo Finance
Olympic Steel Inc (ZEUS) Stock Price and Basic Information | MarketWatch
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