Metallus Stock Sees Q3 Earnings Estimate Boosted at Sidoti

Metallus Inc. (NYSE:MTUS) – Equities researchers at Sidoti lifted their Q3 2027 earnings per share estimates for shares of Metallus in a research note issued to investors on Monday, October 5th. Sidoti analyst J. Franzreb now anticipates that the company will post earnings per share of $0.49 for the quarter, up from their previous estimate of $0.46. The consensus estimate for Metallus’ current full-year earnings is $0.83 per share. Sidoti also issued estimates for Metallus’ Q4 2027 earnings at $0.35 EPS and FY2027 earnings at $1.59 EPS.

A number of other research firms also recently issued reports on MTUS. Weiss Ratings reissued a “hold (c)” rating on shares of Metallus in a research report on Friday, September 4th. KeyCorp reaffirmed a “sector weight” rating on shares of Metallus in a research report on Wednesday, August 5th. Three investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold”.

Metallus Price Performance

Metallus stock opened at $19.59 on Wednesday. The company has a market cap of $812.21 million, a price-to-earnings ratio of 103.14, a price-to-earnings-growth ratio of 1.60 and a beta of 1.37. Metallus has a 12 month low of $14.19 and a 12 month high of $22.58. The stock’s 50-day moving average is $19.94 and its 200-day moving average is $19.15.

Metallus (NYSE:MTUS) last posted its quarterly earnings results on Monday, August 3rd. The company reported $0.26 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.24 by $0.02. The firm had revenue of $261.40 million during the quarter, compared to the consensus estimate of $330.85 million. Metallus had a return on equity of 3.35% and a net margin of 0.66%.

Institutional Trading of Metallus

Several large investors have recently modified their holdings of MTUS. BlackRock Inc. bought a new stake in shares of Metallus in the 2nd quarter worth about $108,942,000. Donald Smith & CO. Inc. bought a new position in shares of Metallus during the second quarter worth about $11,375,000. Emerald Advisers LLC bought a new position in shares of Metallus during the first quarter worth about $6,146,000. Emerald Mutual Fund Advisers Trust acquired a new position in Metallus in the first quarter worth about $3,887,000. Finally, Bank of New York Mellon Corp acquired a new position in Metallus in the second quarter worth about $4,304,000. 77.58% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Metallus

In related news, EVP Kristine Syrvalin sold 5,000 shares of Metallus stock in a transaction on Monday, October 5th. The shares were sold at an average price of $21.12, for a total transaction of $105,600.00. Following the sale, the executive vice president owned 101,078 shares of the company’s stock, valued at $2,134,767.36. The trade was a 4.71% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. 3.80% of the stock is owned by company insiders.

About Metallus

Metallus, Inc (NYSE: MTUS) is a steel manufacturer focused on specialty alloys and engineered metal products. The company produces high-performance alloy steel, specialty bar quality (SBQ) steel, seamless mechanical tubing and related components designed for demanding industrial applications.

Its products serve customers in markets including automotive, industrial equipment, energy, aerospace and defense, and other applications that require strength, durability and precise material performance.