Olympic Steel: M&A Efforts, Cash Flow, And Capex Could Imply Significant Undervaluation [Seeking Alpha]
Olympic Steel, Inc. (ZEUS)
Last olympic steel, inc. earnings: 5/1 06:30 am
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US:NASDAQ Investor Relations:
olysteel.com/contact
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Source: Seeking Alpha
Play 15min Summary Olympic Steel's diverse product offerings and extensive client base, with top clients contributing 29% of 2023 revenue, mitigate risks from losing individual clients. Recent M&A activities, including acquisitions of Metal-Fab and Central Tube and Bar, are expected to drive geographic expansion, new products, and synergies. Despite recent declines in metal prices, ZEUS appears significantly undervalued. My DCF model and peer comparisons indicate substantial upside potential. Increased capital expenditures and a stock repurchase program signal confidence in future growth, making the current stock price an attractive buying opportunity. Monty Rakusen Olympic Steel, Inc. ( NASDAQ: ZEUS ) offers a large number of products to a significant number of clients. Besides, the company's ongoing efforts that include M&A transactions like that of Metal-Fab and Central Tube and Bar as well as other potential M&As could bring geographic expansion, new products, and
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ZEUS
News
- Olympic Steel Acquires Metal WorksBusiness Wire
- Olympic Steel Third Quarter 2024 Earnings: Misses Expectations [Yahoo! Finance]Yahoo! Finance
- Olympic Steel Reports Third-Quarter 2024 ResultsBusiness Wire
- Olympic Steel, Inc. (NASDAQ: ZEUS) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
- Webcast Alert: Olympic Steel to Announce Third-Quarter 2024 Financial Results After Market Closes on October 31, 2024Business Wire
ZEUS
Earnings
- 5/2/24 - Beat
ZEUS
Sec Filings
- 11/1/24 - Form 10-Q
- 10/31/24 - Form 8-K
- 10/18/24 - Form SC
- ZEUS's page on the SEC website