A share price of Olympic Steel Inc [ZEUS] is currently trading at $38.42, down -0.08%. An important factor to consider is whether the stock is rising or falling in short-term value. The ZEUS shares have gain 10.37% over the last week, with a monthly amount glided 28.71%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Olympic Steel Inc [NASDAQ: ZEUS] stock has seen the most recent analyst activity on January 22, 2025, when KeyBanc Capital Markets upgraded its rating to a Overweight but kept the price target unchanged to $42 for it. Previously, KeyBanc Capital Mkts downgraded its rating to Sector Weight on May 04, 2017. On March 14, 2017, upgrade upgraded it’s rating to Outperform. KeyBanc Capital Mkts upgraded its rating to a Overweight. Macquarie downgraded its rating to a Neutral. KeyBanc Capital Mkts upgraded its rating to Sector Weight for this stock on September 19, 2016. In a note dated August 19, 2016, KeyBanc Capital Mkts downgraded an Underweight rating on this stock.
Olympic Steel Inc experienced fluctuations in its stock price throughout the past year between $26.32 and $43.32. Currently, Wall Street analysts expect the stock to reach $41 within the next 12 months. Olympic Steel Inc [NASDAQ: ZEUS] shares were valued at $38.42 at the most recent close of the market. An investor can expect a potential return of 6.72% based on the average ZEUS price forecast.
Analyzing the ZEUS fundamentals
Trailing Twelve Months sales for Olympic Steel Inc [NASDAQ:ZEUS] were 1.90B which represents 4.40% growth. Gross Profit Margin for this corporation currently stands at 0.83% with Operating Profit Margin at 0.02%, Pretax Profit Margin comes in at 0.01%, and Net Profit Margin reading is 0.01%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.02 and Total Capital is 0.04. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.49.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 38.17 points at the first support level, and at 37.92 for the second support level. However, for the 1st resistance point, the stock is sitting at 38.65, and for the 2nd resistance point, it is at 38.88.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Olympic Steel Inc [NASDAQ:ZEUS] is 3.12. On the other hand, the Quick Ratio is 1.17, and the Cash Ratio is 0.04. Considering the valuation of this stock, the price to sales ratio is 0.23, the price to book ratio is 0.74 and price to earnings (TTM) ratio is 32.72.
