Olympic Steel Inc
Prices are adjusted according to historical splits.
Vitals
- Today's Low:
- $49.12
- Today's High:
- $51.05
- Open Price:
- $50.15
- 52W Low:
- $22.505
- 52W High:
- $58.84
- Prev. Close:
- $50.39
- Volume:
- 96067
Company Statistics
- Market Cap.:
- $560.84 million
- Book Value:
- 46.358
- Revenue TTM:
- $2.56 billion
- Operating Margin TTM:
- 5.22%
- Gross Profit TTM:
- $486.06 million
- Profit Margin:
- 3.55%
- Return on Assets TTM:
- 8.73%
- Return on Equity TTM:
- 19.34%
Company Profile
Olympic Steel Inc had its IPO on 1994-03-10 under the ticker symbol ZEUS.
The company operates in the Basic Materials sector and Steel industry. Olympic Steel Inc has a staff strength of 1,668 employees.
Stock update
Shares of Olympic Steel Inc opened at $50.15 at the start of the last trading session i.e. 2023-03-22.
The stocks traded within a range of $49.12 - $51.05, and closed at $49.25.
This is a -2.26% slip from the previous day's closing price.
A total volume of 96,067 shares were traded at the close of the day’s session.
In the last one week, shares of Olympic Steel Inc have slipped by -2.36%.
Olympic Steel Inc's Key Ratios
Olympic Steel Inc has a market cap of $560.84 million, indicating a price to book ratio of 0.7151 and a price to sales ratio of 0.131.
In the last 12-months Olympic Steel Inc’s revenue was $2.56 billion with a gross profit of $486.06 million and an EBITDA of $153.48 million. The EBITDA ratio measures Olympic Steel Inc's overall financial performance and is widely used to measure its profitability.
In the trailing 12-month period, Olympic Steel Inc’s operating margin was 5.22% while its return on assets stood at 8.73% with a return of equity of 19.34%.
In Q4, Olympic Steel Inc’s quarterly earnings growth was a negative -84.1% while revenue growth was a negative 16.7%.
Olympic Steel Inc’s PE and PEG Ratio
- Forward PE
- 13.6612
- Trailing PE
- 6.4028
- PEG
- 0.46
Its diluted EPS in the last 12-months stands at $7.87 per share while it has a forward price to earnings multiple of 13.6612 and a PEG multiple of 0.46. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.
The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Olympic Steel Inc’s profitability.
Olympic Steel Inc stock is trading at a EV to sales ratio of 0.2359 and a EV to EBITDA ratio of 3.4469. Its price to sales ratio in the trailing 12-months stood at 0.131.
Olympic Steel Inc stock pays annual dividends of $0.36 per share, indicating a yield of 0.82% and a payout ratio of 5.02%.
Balance sheet and cash flow metrics
- Total Assets
- $891.63 million
- Total Liabilities
- $164.70 million
- Operating Cash Flow
- $-5891000.00
- Capital Expenditure
- $5.89 million
- Dividend Payout Ratio
- 5.02%
Olympic Steel Inc ended 2023 with $891.63 million in total assets and $0 in total liabilities. Its intangible assets were valued at $891.63 million while shareholder equity stood at $515.97 million.
Olympic Steel Inc ended 2023 with $10.03 million in deferred long-term liabilities, $164.70 million in other current liabilities, 134724000.00 in common stock, $379.93 million in retained earnings and $10.50 million in goodwill. Its cash balance stood at $12.19 million and cash and short-term investments were $12.19 million. The company’s total short-term debt was $6,098,000 while long-term debt stood at $165.66 million.
Olympic Steel Inc’s total current assets stands at $658.11 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $219.79 million compared to accounts payable of $101.45 million and inventory worth $416.93 million.
In 2023, Olympic Steel Inc's operating cash flow was $-5891000.00 while its capital expenditure stood at $5.89 million.
Comparatively, Olympic Steel Inc paid $0.05 in dividends in 2023.
Other key metrics
- Current Trading Price
- $49.25
- 52-Week High
- $58.84
- 52-Week Low
- $22.505
- Analyst Target Price
- $60.25
Olympic Steel Inc stock is currently trading at $49.25 per share. It touched a 52-week high of $58.84 and a 52-week low of $58.84. Analysts tracking the stock have a 12-month average target price of $60.25.
Its 50-day moving average was $46.77 and 200-day moving average was $33.14 The short ratio stood at 2.42 indicating a short percent outstanding of 0%.
Around 1349.8% of the company’s stock are held by insiders while 8107.5% are held by institutions.
Frequently Asked Questions About Olympic Steel Inc
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About
Olympic Steel, Inc. processes, distributes, and stores metal products in the United States and internationally. It operates in three segments: Carbon Flat Products; Specialty Metals Flat Products; and Tubular and Pipe Products. The company offers stainless steel and aluminum coil and sheet products, angles, rounds, and flat bars; alloy, heat treated, and abrasion resistant coils, sheets and plates; coated metals, including galvanized, galvannealed, electro galvanized, advanced high strength steels, aluminized, and automotive grades of steel; commercial quality, advanced high strength steel, drawing steel, and automotive grades cold rolled steel coil and sheet products; hot rolled carbon comprising hot rolled coil, pickled and oiled sheet and plate steel products, automotive grades, advanced high strength steels, and high strength low alloys; tube, pipe, and bar products, including round, square, and rectangular mechanical and structural tubing; hydraulic and stainless tubing; boiler tubing; carbon, stainless, and aluminum pipes; valves and fittings; and tin mill products, such as electrolytic tinplate, electrolytic chromium coated steel, and black plates. The company also provides cutting-to-length, slitting, shearing, blanking, tempering, stretcher-leveling, plate and laser processing, forming and machining, tube processing, finishing, and fabrication services, as well as value-added services, such as saw cutting, laser cutting, beveling, threading, and grooving services. It serves metal consuming industries, such as manufacturers and fabricators of transportation and material handling lift equipment, construction, mining and farm equipment, agriculture equipment, storage tanks, environmental and energy generation equipment, automobiles, food service, and electrical equipment, as well as general and plate fabricators, and metals service centers through direct sales force. Olympic Steel, Inc. was founded in 1954 and is based in Highland Hills, Ohio