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

Olympic Steel (NASDAQ:ZEUS) is anticipated to announce its earnings results after the market closes on Thursday, February 20th. Analysts expect the company to announce earnings of $0.08 per share and revenue of $441.60 million for the quarter. Investors that are interested in participating in the company’s conference call can do so using this link.

Olympic Steel Stock Performance

NASDAQ:ZEUS opened at $36.14 on Wednesday. Olympic Steel has a 12-month low of $30.29 and a 12-month high of $73.49. The company has a quick ratio of 1.26, a current ratio of 3.52 and a debt-to-equity ratio of 0.35. The firm has a market capitalization of $402.24 million, a PE ratio of 15.85 and a beta of 1.52. The firm has a 50-day moving average price of $34.66 and a 200 day moving average price of $37.84.

Wall Street Analyst Weigh In

ZEUS has been the subject of several recent analyst reports. StockNews.com lowered shares of Olympic Steel from a “buy” rating to a “hold” rating in a report 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 objective for the company in a 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.