Olympic Steel Stock Buy Hold or Sell Recommendation
| ZEUS Stock | USD 40.76 0.27 0.67% |
Given the investment horizon of 90 days and your conservative risk appetite, our recommendation regarding Olympic Steel is 'Strong Sell'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Olympic Steel given historical horizon and risk tolerance towards Olympic Steel. When Macroaxis issues a 'buy' or 'sell' recommendation for Olympic Steel, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Olympic 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. For more information on how to buy Olympic Stock please use our How to Invest in Olympic Steel guide. Note, we conduct extensive research on individual companies such as Olympic and provide practical buy, sell, or hold advice based on investors' constraints. Olympic Steel. 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.
Olympic |
Execute Olympic Steel Buy or Sell Advice
The Olympic recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Olympic Steel. Macroaxis does not own or have any residual interests in Olympic Steel or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Olympic Steel's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Very Small | Details | |
Economic Sensitivity | Hyperactively responds to market trends | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Hold | Details | |
Financial Strenth (F Score) | Strong | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Olympic Steel Trading Alerts and Improvement Suggestions
| Olympic Steel is unlikely to experience financial distress in the next 2 years | |
| Olympic Steel has a strong financial position based on the latest SEC filings | |
| Over 80.0% of the company outstanding shares are owned by institutional investors | |
| Latest headline from finance.yahoo.com: Child Clinical Psychologist Unveils New Childrens Book about a Young Terriers Journey to Resilience |
Olympic Steel Returns Distribution Density
The distribution of Olympic Steel's historical returns is an attempt to chart the uncertainty of Olympic Steel's future price movements. The chart of the probability distribution of Olympic Steel daily returns describes the distribution of returns around its average expected value. We use Olympic Steel price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Olympic Steel returns is essential to provide solid investment advice for Olympic Steel.
| Mean Return | 0.05 | Value At Risk | -4.04 | Potential Upside | 4.03 | Standard Deviation | 2.85 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Olympic 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.
Olympic Stock Institutional Investors
The Olympic Steel's institutional investors refer to entities that pool money to purchase Olympic 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 | Jb Capital Partners Lp | 2024-09-30 | 182.5 K | Bank Of New York Mellon Corp | 2024-06-30 | 141.8 K | Jacobs Levy Equity Management, Inc. | 2024-06-30 | 123.9 K | Aqr Capital Management Llc | 2024-06-30 | 121.9 K | Northern Trust Corp | 2024-09-30 | 100.5 K | Charles Schwab Investment Management Inc | 2024-09-30 | 95.5 K | Jpmorgan Chase & Co | 2024-06-30 | 90.9 K | Citadel Advisors Llc | 2024-06-30 | 79.9 K | Renaissance Technologies Corp | 2024-09-30 | 79.4 K | Blackrock Inc | 2024-06-30 | 2.1 M | Dimensional Fund Advisors, Inc. | 2024-09-30 | 852.2 K |
Olympic Steel Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | 95.8M | 37.2M | (241.9M) | 68.1M | 51.5M | 54.1M | |
| Change In Cash | (3.6M) | (209K) | 4.3M | 2.4M | 1.0M | 2.1M | |
| Free Cash Flow | 119.4M | 51.8M | (157.4M) | 166.0M | 152.3M | 159.9M | |
| Depreciation | 19.5M | 20.0M | 21.0M | 20.2M | 27.2M | 15.1M | |
| Capital Expenditures | 10.2M | 9.8M | 11.0M | 19.9M | 21.3M | 12.8M | |
| Net Income | 3.9M | (5.6M) | 121.1M | 90.9M | 44.5M | 46.8M | |
| End Period Cash Flow | 5.7M | 5.5M | 9.8M | 12.2M | 13.2M | 13.9M | |
| Other Non Cash Items | (4.1M) | (2.3M) | 706K | (881K) | 186K | 176.7K | |
| Net Borrowings | (109.6M) | (32.6M) | 167.2M | (162.1M) | (145.9M) | (138.6M) | |
| Change To Netincome | 2.0M | 3.2M | (5.0M) | (888K) | (799.2K) | (759.2K) | |
| Investments | (21.0M) | (28.1M) | (13.5M) | (16.6M) | (154.8M) | (147.1M) |
Olympic 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 Olympic 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 Olympic 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 Olympic 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 | -0.16 | |
β | Beta against Dow Jones | 2.32 | |
σ | Overall volatility | 2.84 | |
Ir | Information ratio | -0.02 |
Olympic Steel Volatility Alert
Olympic Steel currently demonstrates below-average downside deviation. It has Information Ratio of -0.02 and Jensen Alpha of -0.16. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Olympic 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 Olympic 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.Olympic Steel Fundamentals Vs Peers
Comparing Olympic 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 Olympic Steel's direct or indirect competition across all of the common fundamentals between Olympic Steel and the related equities. This way, we can detect undervalued stocks with similar characteristics as Olympic Steel or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Olympic Steel's fundamental indicators could also be used in its relative valuation, which is a method of valuing Olympic Steel by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Olympic Steel to competition |
| Fundamentals | Olympic Steel | Peer Average |
| Return On Equity | 0.0473 | -0.31 |
| Return On Asset | 0.0347 | -0.14 |
| Profit Margin | 0.01 % | (1.27) % |
| Operating Margin | 0.02 % | (5.51) % |
| Current Valuation | 658.69 M | 16.62 B |
| Shares Outstanding | 11.13 M | 571.82 M |
| Shares Owned By Insiders | 12.03 % | 10.09 % |
| Shares Owned By Institutions | 80.00 % | 39.21 % |
| Number Of Shares Shorted | 365.88 K | 4.71 M |
| Price To Earning | 1.85 X | 28.72 X |
| Price To Book | 0.76 X | 9.51 X |
| Price To Sales | 0.22 X | 11.42 X |
| Revenue | 2.16 B | 9.43 B |
| Gross Profit | 486.06 M | 27.38 B |
| EBITDA | 106.67 M | 3.9 B |
| Net Income | 44.53 M | 570.98 M |
| Cash And Equivalents | 8.45 M | 2.7 B |
| Cash Per Share | 0.76 X | 5.01 X |
| Total Debt | 228.47 M | 5.32 B |
| Debt To Equity | 0.64 % | 48.70 % |
| Current Ratio | 3.49 X | 2.16 X |
| Book Value Per Share | 51.26 X | 1.93 K |
| Cash Flow From Operations | 175.16 M | 971.22 M |
| Short Ratio | 3.49 X | 4.00 X |
| Earnings Per Share | 2.23 X | 3.12 X |
| Price To Earnings To Growth | 0.46 X | 4.89 X |
| Target Price | 50.5 | |
| Number Of Employees | 2.15 K | 18.84 K |
| Beta | 1.47 | -0.15 |
| Market Capitalization | 452.54 M | 19.03 B |
| Total Asset | 1.01 B | 29.47 B |
| Retained Earnings | 418.9 M | 9.33 B |
| Working Capital | 422.93 M | 1.48 B |
Note: Acquisition by Kempthorne Dirk A of 1628 shares of Olympic Steel subject to Rule 16b-3 [view details]
Olympic Steel Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Olympic . 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 Olympic Steel Buy or Sell Advice
When is the right time to buy or sell Olympic Steel? Buying financial instruments such as Olympic 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 Olympic Stock Analysis
When running Olympic Steel's price analysis, check to measure Olympic 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 Olympic Steel is operating at the current time. Most of Olympic Steel's value examination focuses on studying past and present price action to predict the probability of Olympic 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 Olympic Steel's price. Additionally, you may evaluate how the addition of Olympic Steel to your portfolios can decrease your overall portfolio volatility.