Olympic Steel (ZEUS) to Release Quarterly Earnings on Thursday

Olympic Steel (NASDAQ:ZEUS) is expected to be posting its quarterly earnings results 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. Individual that are interested in registering for the company’s earnings conference call can do so using this link.

Olympic Steel Price Performance

Shares of ZEUS stock opened at $34.43 on Thursday. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.26 and a current ratio of 3.52. The stock has a 50 day moving average price of $35.06 and a 200 day moving average price of $38.21. The firm has a market capitalization of $383.21 million, a P/E ratio of 15.10 and a beta of 1.52. Olympic Steel has a 52-week low of $30.29 and a 52-week high of $73.49.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on the company. StockNews.com lowered Olympic Steel from a “buy” rating to a “hold” rating in a research 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 for the company in a research 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.