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Olympic Steel (ZEUS)

(Delayed Data from NSDQ)

$57.55 USD

57.55
146,060

-6.13 (-9.63%)

Updated May 3, 2024 04:00 PM ET

After-Market: $57.63 +0.08 (0.14%) 7:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.20%
2Buy18.04%
3Hold9.52%
4Sell5.20%
5Strong Sell2.60%
S&P50011.13%

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3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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A Value A Growth A Momentum A VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Bottom 34% (166 out of 252)

Industry: Steel - Producers

Better trading starts here.

Zacks News

PPG Benefits From Cost and Pricing Actions, Acquisitions

PPG Industries (PPG) gains on its restructuring initiatives, price hike actions and efforts to grow its business inorganically.

Schnitzer Steel (SCHN) Earnings and Revenues Down Y/Y in Q2

Schnitzer Steel (SCHN) sees higher demand and prices for recycled metals in the fiscal second quarter.

Teck (TECK) Closes Joint Venture Transaction With Agnico Eagle

Teck (TECK) completes the previously announced joint venture transaction with Agnico Eagle to advance the San Nicolas copper-zinc development project.

Amyris (AMRS) and Givaudan Close Cosmetic Ingredients Deal

Amyris (AMRS) and Givaudan collaborate to leverage the former's technological platform for designing, scaling and manufacturing the best-performing bio-fermented ingredients.

Air Products (APD) to Build Nitrogen Infrastructure in Penang

Air Products (APD) to expand nitrogen operations in Northern Malaysia by constructing new plants and pipelines in Penang.

Reliance Steel's (RS) Shares Pop 37% in 6 Months: Here's Why

Reliance Steel (RS) gains on healthy demand in non-residential construction, semiconductor and automotive markets and strategic acquisitions.

DuPont (DD) Gains on Strong End-Market Demand and Innovation

DuPont (DD) benefits from strength in water and industrial end-markets, innovation and pricing actions amid headwinds from higher input costs and sluggish demand in certain markets.

Agnico Eagle (AEM) Wraps Up Buyout of Yamana's Canadian Assets

Agnico Eagle (AEM) gains full ownership of the Canadian Malartic mine, the Wasamac project in Quebec's Abitibi region and a number of other exploratory sites in Ontario and Manitoba.

PPG's Glidden Grabs Limelight as Walmart's Main Paint Brand

Walmart selects Glidden by PPG Industries (PPG) as its primary paint brand to provide high-quality paint products to its customers.

Celanese (CE) & Glaukos Join Forces for Glaucoma Treatment

Celanese (CE) partners with Glaukos to provide VitalDose for sustained release treatment for glaucoma.

Zacks Industry Outlook Highlights Nucor Corporation, Steel Dynamics, Ternium and Olympic Steel

Nucor Corporation, Steel Dynamics, Ternium and Olympic Steel have been highlighted in this Industry Outlook article.

Olympic Steel (ZEUS) Dips More Than Broader Markets: What You Should Know

Olympic Steel (ZEUS) closed the most recent trading day at $48.10, moving -1.9% from the previous trading session.

Anindya Barman headshot

4 Top Steel Producer Stocks to Play the Industry Strength

A recovery in automotive demand, strength in non-residential construction and a rebound in steel prices should enable the Zacks Steel Producers industry to thrive. NUE, STLD, TX and ZEUS are set to gain from favorable industry fundamentals.

American Vanguard's (AVD) Unit Inks Supply Deal With NewLeaf

The agreement between American Vanguard (AVD) and NewLeaf significantly strengthens AVD's strategic growth initiative in GreenSolutions.

Here's Why You Should Retain Albemarle (ALB) in Your Portfolio

Albemarle (ALB) gains on strong demand and higher prices in its lithium business and actions to boost its global lithium conversion capacity amid headwinds from cost inflation.

L.B. Foster (FSTR) Sells Chemtec Assets, Updates FY23 Outlook

L.B. Foster (FSTR) divests its Precision Measurement Products and Systems business, which is expected to result in lower net sales for fiscal 2023.

PPG Raises Q1 Earnings Guidance on Higher Volumes and Prices

PPG Industries (PPG) anticipates strong Q1 financial results backed by higher sales volume & improved capturing of selling prices mainly from aerospace & automotive markets.

Teck (TECK) Produces First Copper at QB2, Rejects Glencore Offer

Teck's (TECK) shares are up since it announced the production of the first bulk of copper at its QB2 Project.

ArcelorMittal (MT) & Bamesa Team Up for Low-Carbon Projects

ArcelorMittal (MT) signs MoU with Bamesa to work on low-carbon projects aimed at strengthening both companies position to reduce CO2 emissions.

Rio Tinto (RIO) & First Quantum to Advance La Granja Project

Rio Tinto plc (RIO) and First Quantum Minerals have entered into a joint venture to progress the La Granja copper project in Peru to capitalize on the demand for copper.

Pan American Silver (PAAS) Completes Yamana Gold Acquisition

Pan American Silver (PAAS) completes the much-awaited acquisition of Yamana Gold, which will boost its silver by 50%.

Barrick (GOLD) Inks Deal Related to Restart Porgera Mine

Barrick (GOLD) signs an agreement to recommence production operations at Porgera Gold Mine.

First Majestic (AG) Reveals 2022 Mineral Resource Update

First Majestic (AG) announces the results of 2022 drilling activities and its Mineral Resource estimates.

Are Investors Undervaluing United States Steel (X) Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

ArcelorMittal (MT), Nippon Steel JV Secures Loan From Japan Banks

AMNS Luxembourg, the parent company of ArcelorMittal's (MT) steelmaking joint venture with Nippon Steel India, takes $5 billion loan from Japan-based banks to fund capacity expansion projects in India.