The company's fundamentals are relatively stable. Its valuation is considered fairly valued,and institutional recognition is very high. Over the past 30 days, multiple analysts have rated the company as a Strong Buy. The company is performing strongly in the stock market, with strong fundamentals and technicals supporting the momentum. The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Olympic Steel Inc's Score
Industry at a Glance
Industry Ranking
18 / 120
Overall Ranking
126 / 4614
Industry
Metals & Mining
Support & Resistance
No Data
Score Analysis
Current score
Previous score
Analyst Rating
Based on
2
analysts
Strong Buy
Current Rating
39.000
Target Price
+13.54%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
Olympic Steel Inc Highlights
StrengthsRisks
Olympic Steel, Inc. is a metals service center company. The Company provides metals processing and distribution services for a range of customers. Its Specialty metals flat products segment is engaged in the direct sale and distribution of processed aluminum and stainless flat-rolled sheet and coil products, flat bar products, prime tin mill products and fabricated parts. Its Carbon flat products segment is engaged in the direct sale and distribution of large volumes of processed carbon and coated flat-rolled sheet, coil and plate products and fabricated parts. Its Tubular and pipe products segment distributes metal tubing, pipe, bar, valves and fittings and fabrication of parts supplied to various industrial markets. This segment also includes value-added contract manufacturing capabilities. The Company is also a manufacturer of components for service station canopies, deck clips, long gutters, trim, and boat docks, as well as solar canopy and ground racking components.
High Dividend
The company is a high dividend payer, with the latest dividend payout ratio of 29.07%.
Undervalued
The company’s latest PB is 0.66, at a low 3-year percentile range.
Institutional Selling
The latest institutional holdings are 9.54M shares, decreasing 12.16% quarter-over-quarter.
Olympic Steel, Inc. is a metals service center company. The Company provides metals processing and distribution services for a range of customers. Its Specialty metals flat products segment is engaged in the direct sale and distribution of processed aluminum and stainless flat-rolled sheet and coil products, flat bar products, prime tin mill products and fabricated parts. Its Carbon flat products segment is engaged in the direct sale and distribution of large volumes of processed carbon and coated flat-rolled sheet, coil and plate products and fabricated parts. Its Tubular and pipe products segment distributes metal tubing, pipe, bar, valves and fittings and fabrication of parts supplied to various industrial markets. This segment also includes value-added contract manufacturing capabilities. The Company is also a manufacturer of components for service station canopies, deck clips, long gutters, trim, and boat docks, as well as solar canopy and ground racking components.