ZEUS icon

Olympic Steel

32.02 USD
+0.29
0.91%
At close May 16, 4:00 PM EDT
1 day
0.91%
5 days
-1.93%
1 month
5.82%
3 months
-11.40%
6 months
-20.47%
Year to date
0.13%
1 year
-42.50%
5 years
243.56%
10 years
57.04%
 

About: Olympic Steel Inc provides metals processing and distribution services in the United States. The company operates in three reportable segments; specialty metals flat products, carbon flat products, and tubular and pipe products. It specializes in the processing and distribution of large volumes of carbon, aluminum, and stainless steel flat-rolled sheet, coils, plates, bars, and fabricated parts. The group serves various industries such as industrial machinery and equipment manufacturers, automobile manufacturers and suppliers, and transportation equipment manufacturers. The company generates majority of the revenue from carbon flat products.

Employees: 2,163

0
Funds holding %
of 7,425 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

19% more first-time investments, than exits

New positions opened: 32 | Existing positions closed: 27

1.37% more ownership

Funds ownership: 83.75% [Q3] → 85.12% (+1.37%) [Q4]

1% more funds holding

Funds holding: 154 [Q3] → 156 (+2) [Q4]

8% more repeat investments, than reductions

Existing positions increased: 55 | Existing positions reduced: 51

15% less capital invested

Capital invested by funds: $364M [Q3] → $311M (-$53.1M) [Q4]

18% less call options, than puts

Call options by funds: $551K | Put options by funds: $676K

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

Low target
$41
28%
upside
Avg. target
$41
28%
upside
High target
$41
28%
upside

1 analyst rating

positive
100%
neutral
0%
negative
0%
Keybanc
Philip Gibbs
65% 1-year accuracy
15 / 23 met price target
28%upside
$41
Overweight
Maintained
6 May 2025

Financial journalist opinion

Based on 4 articles about ZEUS published over the past 30 days

Neutral
Business Wire
1 week ago
Olympic Steel Welcomes Peter J. Scott as Board Member
CLEVELAND--(BUSINESS WIRE)--Olympic Steel Inc. (Nasdaq: ZEUS), a leading national metals service center, today announced that Peter J. Scott was elected to its Board of Directors at the Company's Annual Meeting on May 2. Long-time director Michael G. Rippey has retired from the Board after 10 years of service. “Peter has a long and storied career in both the metals and finance communities. His expertise will help guide our future growth initiatives in order to enhance shareholder value,” said M.
Olympic Steel Welcomes Peter J. Scott as Board Member
Neutral
Seeking Alpha
2 weeks ago
Olympic Steel, Inc. (ZEUS) Q1 2025 Earnings Call Transcript
Olympic Steel, Inc. (NASDAQ:ZEUS ) Q1 2025 Earnings Conference Call May 2, 2025 10:00 AM ET Company Participants Richard Manson - CFO Rick Marabito - CEO Andrew Greiff - President & Chief Operating Officer Conference Call Participants Samuel McKinney - KeyBanc Capital Markets David Storms - Stonegate Capital Partners Joichi Sakai - Singular Research Operator Greetings, and welcome to the Olympic Steel 2025 First Quarter Financial Results Conference Call. At this time, all participants are in a listen-only mode.
Olympic Steel, Inc. (ZEUS) Q1 2025 Earnings Call Transcript
Neutral
Business Wire
2 weeks ago
Olympic Steel Reports First-Quarter 2025 Results
CLEVELAND--(BUSINESS WIRE)--Olympic Steel, Inc. (Nasdaq: ZEUS), a leading national metals service center, today announced financial results for the three months ended March 31, 2025. Net income for the first quarter totaled $2.5 million, or $0.21 per diluted share, compared with net income of $8.7 million, or $0.75 per diluted share, in the first quarter of 2024. There was no LIFO income or expense in the first quarter of 2025, compared with $0.4 million of LIFO expense in the first quarter of.
Olympic Steel Reports First-Quarter 2025 Results
Neutral
Business Wire
3 weeks ago
Olympic Steel Announces Completion of Amendment and Extension of Credit Facility
CLEVELAND--(BUSINESS WIRE)--Olympic Steel Inc. (Nasdaq: ZEUS), a leading national metals service center, announced that it has amended and extended the maturity of its existing $625 million, five-year asset-based revolving credit facility through April 17, 2030. The revolving credit facility is secured primarily by the accounts receivable, inventory, property, equipment and select real estate owned by the Company. The revolving credit facility includes an increase option of up to $200 million.
Olympic Steel Announces Completion of Amendment and Extension of Credit Facility
Neutral
Business Wire
1 month ago
Olympic Steel Welcomes Alex Hegler as General Manager
CLEVELAND--(BUSINESS WIRE)--Olympic Steel Inc. (Nasdaq: ZEUS), a leading national metals service center, welcomes Alex Hegler as General Manager for its Action Stainless facility in Rock Hill, South Carolina. Mr. Hegler joins the Company with a background in sales and strategic leadership in the metals industry. Most recently, he served as Sales Manager for a global specialty metals distributor and service center. In his new role, Mr. Hegler will have responsibility for the day-to-day operation.
Olympic Steel Welcomes Alex Hegler as General Manager
Neutral
Business Wire
1 month ago
Olympic Steel Recognized as John Deere “Partner-Level Supplier”
CLEVELAND--(BUSINESS WIRE)--Olympic Steel Inc. (Nasdaq: ZEUS), a leading national metals service center, today announced that it has been recognized as a Partner-level Supplier for 2024 in the John Deere Achieving Excellence Program. Partner-level status is Deere & Company's highest supplier rating. Olympic Steel was selected for this honor in recognition of its dedication to providing products and services of outstanding quality, as well as its commitment to continuous improvement. Several.
Olympic Steel Recognized as John Deere “Partner-Level Supplier”
Neutral
Zacks Investment Research
1 month ago
Olympic Steel Opens New Facility for Action Stainless Business
The New facility is ZEUS' next step in its strategic growth plan for Action Stainless and its entire specialty metals business segment.
Olympic Steel Opens New Facility for Action Stainless Business
Neutral
Business Wire
1 month ago
Webcast Alert: Olympic Steel to Announce First-Quarter 2025 Financial Results After Market Closes on May 1, 2025
CLEVELAND--(BUSINESS WIRE)--Olympic Steel, Inc. (Nasdaq: ZEUS), a leading national metals service center, intends to release its first-quarter 2025 financial results after the market closes on May 1, 2025. A webcast to discuss these results will be held on Friday, May 2, 2025, at 10:00 a.m. Eastern Time. Olympic Steel webcast participants include Richard T. Marabito, Chief Executive Officer; Andrew Greiff, President and Chief Operating Officer; and Richard A. Manson, Chief Financial Officer. To.
Webcast Alert: Olympic Steel to Announce First-Quarter 2025 Financial Results After Market Closes on May 1, 2025
Neutral
Business Wire
1 month ago
Olympic Steel Announces Opening of New Facility in Houston, Texas, to Support Action Stainless Business
CLEVELAND--(BUSINESS WIRE)--Olympic Steel Inc. (Nasdaq: ZEUS), a leading national metals service center, announced the opening of a new facility in Houston, Texas, to support operations for its Action Stainless business. The location is run by Jeff Lyons, General Manager. The 105,000-square-foot facility, located at 10111 Houston Oaks Drive, will house the assets previously located at 7010 Zoltowski Street. The new facility will increase the Action Stainless Houston operation's footprint by 73,.
Olympic Steel Announces Opening of New Facility in Houston, Texas, to Support Action Stainless Business
Neutral
Business Wire
1 month ago
Olympic Steel Welcomes Joseph D. Goins as General Manager
CLEVELAND--(BUSINESS WIRE)--Olympic Steel Inc. (Nasdaq: ZEUS), a leading national metals service center, has welcomed Joseph D. Goins as General Manager for its Action Stainless facility in Dallas, Texas. Mr. Goins is a veteran of the United States Air Force. He brings to his role numerous years of experience in the metals and manufacturing industries, including leadership roles in strategic sourcing, procurement, sales and operations management. In his new role, Mr. Goins will have responsibil.
Olympic Steel Welcomes Joseph D. Goins as General Manager
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