Schnitzer Steel Industries Stock Shares Outstanding

RDUS Stock  USD 19.71  0.27  1.39%   
Schnitzer Steel Industries fundamentals help investors to digest information that contributes to Schnitzer Steel's financial success or failures. It also enables traders to predict the movement of Schnitzer Stock. The fundamental analysis module provides a way to measure Schnitzer Steel's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Schnitzer Steel stock.
Common Stock Shares Outstanding is likely to drop to about 25.4 M in 2024.
  
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Schnitzer Steel Industries Company Shares Outstanding Analysis

Schnitzer Steel's Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.

Shares Outstanding

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Public Shares

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Repurchased

More About Shares Outstanding | All Equity Analysis

Current Schnitzer Steel Shares Outstanding

    
  27.84 M  
Most of Schnitzer Steel's fundamental indicators, such as Shares Outstanding, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Schnitzer Steel Industries is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Schnitzer Shares Outstanding Driver Correlations

Understanding the fundamental principles of building solid financial models for Schnitzer Steel is extremely important. It helps to project a fair market value of Schnitzer Stock properly, considering its historical fundamentals such as Shares Outstanding. Since Schnitzer Steel's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Schnitzer Steel's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Schnitzer Steel's interrelated accounts and indicators.
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Schnitzer Shares Outstanding Historical Pattern

Today, most investors in Schnitzer Steel Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Schnitzer Steel's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's shares outstanding growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Schnitzer Steel shares outstanding as a starting point in their analysis.
   Schnitzer Steel Shares Outstanding   
       Timeline  
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
Competition

Schnitzer Common Stock Shares Outstanding

Common Stock Shares Outstanding

25.44 Million

At this time, Schnitzer Steel's Common Stock Shares Outstanding is comparatively stable compared to the past year.
Based on the latest financial disclosure, Schnitzer Steel Industries has 27.84 M of shares currently outstending. This is 84.58% lower than that of the Metals & Mining sector and significantly higher than that of the Materials industry. The shares outstanding for all United States stocks is 95.13% higher than that of the company.

Schnitzer Shares Outstanding Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Schnitzer Steel's direct or indirect competition against its Shares Outstanding to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Schnitzer Steel could also be used in its relative valuation, which is a method of valuing Schnitzer Steel by comparing valuation metrics of similar companies.
Schnitzer Steel is currently under evaluation in shares outstanding category among its peers.

Schnitzer Steel ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Schnitzer Steel's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Schnitzer Steel's managers, analysts, and investors.
Environmental
Governance
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Schnitzer Fundamentals

About Schnitzer Steel Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Schnitzer Steel Industries's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Schnitzer Steel using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Schnitzer Steel Industries based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis 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.