Is this a Prime Time To acquire Olympic Steel Inc. (ZEUS) stock

The price of Olympic Steel Inc. (NASDAQ: ZEUS) closed at $37.81 in the last session, up 6.51% from day before closing price of $35.50. In other words, the price has increased by $+2.31 from its previous closing price. On the day, 108045 shares were traded. ZEUS stock price reached its highest trading level at $38.42 during the session, while it also had its lowest trading level at $35.99.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free.



We take a closer look at ZEUS’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 40.15 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 7.00. For the most recent quarter (mrq), Quick Ratio is recorded 1.30 and its Current Ratio is at 3.50. In the meantime, Its Debt-to-Equity ratio is 0.48 whereas as Long-Term Debt/Eq ratio is at 0.48.

Upgrades & Downgrades

Insider Transactions:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Jun 07 when WOLFORT DAVID A sold 6,913 shares for $36.25 per share. The transaction valued at 250,615 led to the insider holds 156,401 shares of the business.

WOLFORT DAVID A sold 5,750 shares of ZEUS for $204,575 on Jun 06. The Director now owns 163,314 shares after completing the transaction at $35.58 per share. On Jun 02, another insider, WOLFORT DAVID A, who serves as the Director of the company, sold 1,000 shares for $35.66 each. As a result, the insider received 35,660 and left with 169,064 shares of the company.

Valuation Measures:

As of this moment, Olympic’s Price-to-Earnings (P/E) ratio for their current fiscal year is 3.90, and their Forward P/E ratio for the next fiscal year is 19.59. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.11. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.15 while its Price-to-Book (P/B) ratio in mrq is 0.85.

Stock Price History:

Over the past 52 weeks, ZEUS has reached a high of $43.18, while it has fallen to a 52-week low of $19.92. The 50-Day Moving Average of the stock is 26.69, while the 200-Day Moving Average is calculated to be 29.65.

Shares Statistics:

According to the various share statistics, ZEUS traded on average about 50.74K shares per day over the past 3-months and 59.6k shares per day over the past 10 days. A total of 11.55M shares are outstanding, with a floating share count of 9.63M. Insiders hold about 1.30% of the company’s shares, while institutions hold 78.60% stake in the company. Shares short for ZEUS as of Oct 13, 2022 were 368.31k with a Short Ratio of 0.35M, compared to 284.7k on Sep 14, 2022. Therefore, it implies a Short% of Shares Outstanding of 3.31% and a Short% of Float of 4.73%.

Dividends & Splits

The forward annual dividend rate for ZEUS is 0.36, which was 0.08 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.23%, it implies a Forward Annual Dividend Yield of 1.08%. The stock’s 5-year Average Dividend Yield is 0.52.

Earnings Estimates

The company has 3 analysts who recommend its stock at the moment. On average, analysts expect EPS of $0.93 for the current quarter, with a high estimate of $1 and a low estimate of $0.86, while EPS last year was $3.87. The consensus estimate for the next quarter is $0.07, with high estimates of $0.15 and low estimates of -$0.06.

Analysts are recommending an EPS of between $7.6 and $7.16 for the fiscal current year, implying an average EPS of $7.44. EPS for the following year is $1.82, with 3 analysts recommending between $2.09 and $1.5.

Revenue Estimates

According to 3 analysts, the current quarter’s revenue is expected to be $651.47M. It ranges from a high estimate of $677.9M to a low estimate of $617.7M. As of the current estimate, Olympic Steel Inc.’s year-ago sales were $635.28M, an estimated increase of 2.50% from the year-ago figure. For the next quarter, 3 analysts are estimating revenue of $525.66M, a decrease of -15.80% less than the figure of $2.50% in the same quarter last year. There is a high estimate of $529M for the next quarter, whereas the lowest estimate is $521.59M.

A total of 3 analysts have provided revenue estimates for ZEUS’s current fiscal year. The highest revenue estimate was $2.61B, while the lowest revenue estimate was $2.55B, resulting in an average revenue estimate of $2.58B. In the same quarter a year ago, actual revenue was $2.31B, up 11.70% from the average estimate. Based on 3 analysts’ estimates, the company’s revenue will be $2.06B in the next fiscal year. The high estimate is $2.06B and the low estimate is $2.05B. The average revenue growth estimate for next year is down -20.40% from the average revenue estimate for this year.