Olympic Steel (ZEUS) Expected to Announce Quarterly Earnings on Thursday

Olympic Steel (NASDAQ:ZEUS) is expected to release its earnings data after the market closes on Thursday, February 20th. Analysts expect Olympic Steel to post earnings of $0.08 per share and revenue of $441.60 million for the quarter. Persons that wish to register for the company’s earnings conference call can do so using this link.

Olympic Steel Price Performance

ZEUS opened at $36.14 on Wednesday. Olympic Steel has a one year low of $30.29 and a one year high of $73.49. The company has a debt-to-equity ratio of 0.35, a current ratio of 3.52 and a quick ratio of 1.26. The company’s 50 day simple moving average is $34.66 and its 200-day simple moving average is $37.84. The stock has a market capitalization of $402.24 million, a P/E ratio of 15.85 and a beta of 1.52.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on ZEUS. StockNews.com cut shares of Olympic Steel from a “buy” rating to a “hold” rating in a research note on Friday, October 25th. KeyCorp raised shares of Olympic Steel from a “sector weight” rating to an “overweight” rating and set a $42.00 price target on the stock in a research report on Wednesday, January 22nd.

Olympic Steel Company Profile

Olympic Steel, Inc processes, distributes, and stores metal products primarily in the United States, Canada, and Mexico. 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.