Schnitzer Steel Industries Stock Buy Hold or Sell Recommendation
| RDUS Stock | USD 20.21 0.47 2.38% |
Given the investment horizon of 90 days and your conservative risk appetite, our recommendation regarding Schnitzer Steel Industries is 'Cautious Hold'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Schnitzer Steel Industries given historical horizon and risk tolerance towards Schnitzer Steel. When Macroaxis issues a 'buy' or 'sell' recommendation for Schnitzer Steel Industries, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Schnitzer Steel Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note, we conduct extensive research on individual companies such as Schnitzer and provide practical buy, sell, or hold advice based on investors' constraints. Schnitzer Steel Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
Schnitzer |
Execute Schnitzer Steel Buy or Sell Advice
The Schnitzer recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Schnitzer Steel Industries. Macroaxis does not own or have any residual interests in Schnitzer Steel Industries or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Schnitzer Steel's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Cautious Hold
Market Performance | OK | Details | |
Volatility | Not too volatile | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Very Low | Details | |
Economic Sensitivity | Hyperactively responds to market trends | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Hold | Details | |
Financial Strenth (F Score) | Poor | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Schnitzer Steel Trading Alerts and Improvement Suggestions
| Schnitzer Steel Indu appears to be risky and price may revert if volatility continues | |
| Schnitzer Steel Indu has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| The company reported the previous year's revenue of 2.88 B. Net Loss for the year was (266.41 M) with profit before overhead, payroll, taxes, and interest of 473.07 M. | |
| Schnitzer Steel Industries currently holds about 71.61 M in cash with (53.41 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.5. | |
| Schnitzer Steel Indu has a poor financial position based on the latest SEC disclosures | |
| Over 85.0% of the company shares are owned by institutional investors | |
| Latest headline from gurufocus.com: Radius Recycling Inc Shares Up 3.9 percent on Nov 21 |
Schnitzer Steel Returns Distribution Density
The distribution of Schnitzer Steel's historical returns is an attempt to chart the uncertainty of Schnitzer Steel's future price movements. The chart of the probability distribution of Schnitzer Steel daily returns describes the distribution of returns around its average expected value. We use Schnitzer Steel Industries price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Schnitzer Steel returns is essential to provide solid investment advice for Schnitzer Steel.
| Mean Return | 0.61 | Value At Risk | -4.78 | Potential Upside | 6.56 | Standard Deviation | 4.12 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Schnitzer Steel historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Schnitzer Stock Institutional Investors
The Schnitzer Steel's institutional investors refer to entities that pool money to purchase Schnitzer Steel's securities or originate loans. These institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds.
| Shares | Systematic Financial Management Lp | 2024-09-30 | 631 K | Charles Schwab Investment Management Inc | 2024-09-30 | 459.8 K | Citadel Advisors Llc | 2024-09-30 | 338.5 K | Jacobs Levy Equity Management, Inc. | 2024-09-30 | 335 K | Sprott Inc. | 2024-06-30 | 327 K | Bridgeway Capital Management, Llc | 2024-09-30 | 314 K | Northern Trust Corp | 2024-09-30 | 291.8 K | Deprince Race & Zollo Inc | 2024-09-30 | 198.8 K | Acadian Asset Management Llc | 2024-06-30 | 194.1 K | Blackrock Inc | 2024-06-30 | 3.2 M | Ameriprise Financial Inc | 2024-06-30 | 1.8 M |
Schnitzer Steel Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | 39.2M | (88.6M) | (37.2M) | 48.0M | (3.0M) | (2.8M) | |
| Change In Cash | 5.5M | 9.9M | 16.0M | (37.8M) | (480K) | (456K) | |
| Free Cash Flow | 42.6M | 71.2M | 87.6M | 9.8M | (129.7M) | (123.2M) | |
| Depreciation | 58.2M | 58.6M | 75.1M | 89.8M | 96.8M | 101.6M | |
| Other Non Cash Items | 7.4M | (1.9M) | 6.1M | 51.3M | 818K | 858.9K | |
| Capital Expenditures | 82.0M | 118.9M | 150.1M | 129.5M | 76.2M | 49.0M | |
| Net Income | (2.2M) | 170.0M | 172.0M | (25.4M) | (266.4M) | (253.1M) | |
| End Period Cash Flow | 17.9M | 27.8M | 43.8M | 6.0M | 5.6M | 5.3M | |
| Dividends Paid | 20.9M | 21.3M | 21.3M | 21.2M | 21.6M | 22.6M | |
| Change To Netincome | 30.1M | 27.4M | 26.8M | 33.2M | 29.9M | 41.7M | |
| Change Receivables | 9.5M | (2.3M) | (84.1M) | 633K | 569.7K | 598.2K | |
| Net Borrowings | (4.4M) | (10.3M) | (31.3M) | 163.9M | 147.5M | 154.9M | |
| Investments | (78.9M) | (117.6M) | (5M) | (144.0M) | (78.6M) | (82.6M) |
Schnitzer Steel Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Schnitzer Steel or Metals & Mining sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Schnitzer Steel's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Schnitzer stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.17 | |
β | Beta against Dow Jones | 3.53 | |
σ | Overall volatility | 4.15 | |
Ir | Information ratio | 0.12 |
Schnitzer Steel Volatility Alert
Schnitzer Steel Industries shows above-average downside volatility for the selected time horizon. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Schnitzer Steel's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Schnitzer Steel's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Schnitzer Steel Fundamentals Vs Peers
Comparing Schnitzer Steel's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Schnitzer Steel's direct or indirect competition across all of the common fundamentals between Schnitzer Steel and the related equities. This way, we can detect undervalued stocks with similar characteristics as Schnitzer Steel or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Schnitzer Steel's fundamental indicators could also be used in its relative valuation, which is a method of valuing Schnitzer Steel by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Schnitzer Steel to competition |
| Fundamentals | Schnitzer Steel | Peer Average |
| Return On Equity | -0.35 | -0.31 |
| Return On Asset | -0.0328 | -0.14 |
| Profit Margin | (0.1) % | (1.27) % |
| Operating Margin | (0.01) % | (5.51) % |
| Current Valuation | 1.1 B | 16.62 B |
| Shares Outstanding | 27.84 M | 571.82 M |
| Shares Owned By Insiders | 6.82 % | 10.09 % |
| Shares Owned By Institutions | 85.45 % | 39.21 % |
| Number Of Shares Shorted | 432.88 K | 4.71 M |
| Price To Earning | (6.33) X | 28.72 X |
| Price To Book | 0.91 X | 9.51 X |
| Price To Sales | 0.21 X | 11.42 X |
| Revenue | 2.88 B | 9.43 B |
| Gross Profit | 473.07 M | 27.38 B |
| EBITDA | 38.31 M | 3.9 B |
| Net Income | (266.41 M) | 570.98 M |
| Cash And Equivalents | 71.61 M | 2.7 B |
| Cash Per Share | 1.50 X | 5.01 X |
| Total Debt | 5.69 M | 5.32 B |
| Debt To Equity | 683.00 % | 48.70 % |
| Current Ratio | 1.81 X | 2.16 X |
| Book Value Per Share | 22.22 X | 1.93 K |
| Cash Flow From Operations | (53.41 M) | 971.22 M |
| Short Ratio | 3.03 X | 4.00 X |
| Earnings Per Share | (9.37) X | 3.12 X |
| Price To Earnings To Growth | 1.55 X | 4.89 X |
| Target Price | 17.0 | |
| Number Of Employees | 3.01 K | 18.84 K |
| Beta | 1.54 | -0.15 |
| Market Capitalization | 566.68 M | 19.03 B |
| Total Asset | 1.53 B | 29.47 B |
| Retained Earnings | 606.42 M | 9.33 B |
| Working Capital | 292.56 M | 1.48 B |
Note: Disposition of 9000 shares by Steven Heiskell of Schnitzer Steel at 19.52 subject to Rule 16b-3 [view details]
Schnitzer Steel Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Schnitzer . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Schnitzer Steel Buy or Sell Advice
When is the right time to buy or sell Schnitzer Steel Industries? Buying financial instruments such as Schnitzer Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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Additional Tools for Schnitzer Stock Analysis
When running Schnitzer Steel's price analysis, check to measure Schnitzer Steel's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Schnitzer Steel is operating at the current time. Most of Schnitzer Steel's value examination focuses on studying past and present price action to predict the probability of Schnitzer Steel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Schnitzer Steel's price. Additionally, you may evaluate how the addition of Schnitzer Steel to your portfolios can decrease your overall portfolio volatility.