Olympic Steel (ZEUS) Projected to Post Quarterly Earnings on Thursday

Olympic Steel (NASDAQ:ZEUS) will likely be announcing 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 interested in listening to the company’s conference call can do so using this link.

Olympic Steel Stock Performance

ZEUS stock opened at $35.35 on Tuesday. The company has a market cap of $393.55 million, a P/E ratio of 15.50 and a beta of 1.52. Olympic Steel has a 1 year low of $30.29 and a 1 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 stock’s fifty day moving average price is $34.66 and its 200-day moving average price is $37.84.

Analyst Upgrades and Downgrades

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

About Olympic Steel

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.