The Technical Analyst
Schnitzer Steel [SCHN]
Exchange: NASDAQ Sector: Basic Materials Industry: Steel
Schnitzer Steel Price, Forecast, Insider, Ratings, Fundamentals & Signals
-0.57% $33.20
America/New_York / 31 aug 2023 @ 16:00
| FUNDAMENTALS | |
|---|---|
| MarketCap: | 906.73 mill |
| EPS: | 0.380 |
| P/E: | 87.37 |
| Earnings Date: | Oct 22, 2023 |
| SharesOutstanding: | 27.31 mill |
| Avg Daily Volume: | 0.184 mill |
| RATING 2023-09-29 |
|---|
| A+ |
| Buy |
| RATINGS | ||
|---|---|---|
| Rating CashFlow: | Buy | |
| Return On Equity: | Buy | |
| Return On Asset: | Buy | |
| DE: | Buy | |
| P/E: | Strong Buy | |
| Price To Book: | Neutral |
| QUARTER GROWTHS | ||||||
|---|---|---|---|---|---|---|
| 3/22 | 4/22 | 1/23 | 2/23 | 3/23 | 4/23 | |
| Revenue | ||||||
| Gr.Profit | ||||||
| Ebit | ||||||
| Asset | ||||||
| Debt |
| PE RATIO: COMPANY / SECTOR |
|---|
| 0.00x |
| Company: PE 87.37 | sector: PE -48.27 |
| PE RATIO: COMPANY / INDUSTRY |
|---|
| 16.35x |
| Company: PE 87.37 | industry: PE 5.35 |
| DISCOUNTED CASH FLOW VALUE |
|---|
| N/A |
| N/A |
| Expected Trading Range (DAY) |
|---|
|
$ 26.68 - 29.04 ( +/- 4.25%) |
| ATR Model: 14 days |
Insider Trading
| Date | Person | Action | Amount | type |
|---|---|---|---|---|
| 2023-11-27 | Sutherlin Michael W | Buy | 358 | Class A Common Stock |
| 2023-11-27 | Shoemaker Leslie L | Buy | 15 | Class A Common Stock |
| 2023-11-27 | Minor Glenda J | Buy | 64 | Class A Common Stock |
| 2023-11-27 | Jahnke David L | Buy | 461 | Class A Common Stock |
| 2023-11-27 | Hunter Rhonda D | Buy | 189 | Class A Common Stock |
| INSIDER POWER |
|---|
| 41.88 |
| Last 98 transactions |
| Buy: 516 134 | Sell: 205 806 |
Forecast:
01:40 - $30.75
Live Trading Signals (every 1 min)
SCORE
10.00
Buy
10.00
Buy
Score Algorithm Version: 1.2C
Last version updated: Fri April 15th, 2022
Last version updated: Fri April 15th, 2022
| Indicator Signals | |
|---|---|
| RSI 21 | |
| SMA | |
| Trend | |
| Trend 2 | |
| Trend 3 | |
| MACD |
| Volume Signals | |
|---|---|
| Price | $33.20 (-0.57% ) |
| Volume | 0.0817 mill |
| Avg. Vol. | 0.184 mill |
| % of Avg. Vol | 44.39 % |
| Signal 1: | |
| Signal 2: |
Today
Last 12 Months
RSI
Last 10 Buy & Sell Signals For SCHN
0 Signals | Accuracy: 0.00% | Accuracy Buy: 0.00% | Accuracy Sell: 0.00%
Avg return buy: 0.00 % | Avg return sell: 0.00 %
$1 invested is now $1.00 or 0.00% since Coming Soon
| Date | Signal | @ | Closed | % |
|---|
SCHN
Schnitzer Steel Industries, Inc. recycles ferrous and nonferrous metal, and manufactures finished steel products worldwide. The company acquires, processes, and recycles salvaged vehicles, rail cars, home appliances, industrial machinery, manufacturing scrap, and construction and demolition scrap. It offers recycled ferrous metal, a feedstock used in the production of finished steel products; and nonferrous products, including mixed metal joint products recovered from the shredding process, such as zorba, zurik, aluminum, copper, stainless steel, nickel, brass, titanium, lead, and high temperature alloys. The company also procures salvaged vehicles and sells serviceable used auto parts from these vehicles through its 50 self-service auto parts stores in the United States and Western Canada, as well as sells auto bodies. In addition, it produces various finished steel products using ferrous recycled metal and other raw materials, as well as semi-finished goods, which include billets; and finished goods consisting of rebar, coiled rebar, wire rods, merchant bars, and other specialty products. Further, the company sells catalytic converters to specialty processors that extract the nonferrous precious metals, including platinum, palladium, and rhodium; ferrous and nonferrous recycled metal products to steel mills, foundries, refineries, smelters, wholesalers, and recycled metal processors; and finished steel customers are primarily steel service centers, construction industry subcontractors, steel fabricators, wire drawers, and major farm and wood products suppliers. Schnitzer Steel Industries, Inc. was founded in 1906 and is headquartered in Portland, Oregon.
Latest Press Releases
2023-08-30 08:00:00 - Press Release
Radius Recycling Announces Ticker Symbol Change
Portland, ore.--(business wire)--schnitzer steel industries, inc. dba radius recycling (nasdaq: schn) announced that the company's common stock will begin trading on nasdaq under the symbol ‘rdus' at the open of market trading on september 1, 2023, which coincides with the start of the company's fiscal year. ‘rdus' will replace the company's current ticker symbol ‘schn,' which has been used since its initial public offering in 1993. the new ticker symbol aligns with the company's rebranding fro.
2023-07-26 16:00:00 - Press Release
Schnitzer Steel Rebrands As Radius Recycling To Reflect Company's Vision, Purpose, And Impact On Circular Economy
Portland, ore.--(business wire)--schnitzer steel industries, inc. (nasdaq: schn) today unveiled its new corporate name and identity, radius recycling, as part of a rebranding initiative to reflect the company's vision, purpose, and impact on the global economy. for more than a century, the company has developed robust networks to collect, process, and deliver recycled metals to customers around the world. as the global economy accelerates its shift toward low carbon technologies, the demand for.
2023-01-05 08:00:00 - Press Release
Schnitzer Reports First Quarter Fiscal 2023 Financial Results
Portland, ore.--(business wire)--schnitzer steel industries, inc. (nasdaq: schn) today reported results for its first quarter of fiscal 2023 ended november 30, 2022. first quarter fiscal 2023 highlights diluted loss per share from continuing operations of $(0.64). net loss of $(18) million and net loss per ferrous ton of $(21). adjusted diluted loss per share from continuing operations of $(0.44), which excludes charges of $7 million related primarily to asset impairments and restructuring charges and other exit-related activities. adjusted ebitda of $8 million and adjusted ebitda per ferrous ton of $10. results reflect an adverse impact of approximately $18 million or $21 per ferrous ton from extended operational disruptions at the everett and oakland metals recycling facilities that were resolved in november...
2022-10-04 18:30:00 - Press Release
Fourth Quarter And Fiscal 2022 Preliminary Results And Announcement Of Earnings Date
Portland, ore.--(business wire)--schnitzer steel industries, inc. (nasdaq: schn) today announced preliminary results for its fourth quarter and fiscal year ended august 31, 2022. fiscal 2022 expected performance the company expects fiscal 2022 results to be the second best year in its history. diluted earnings per share from continuing operations are expected to be in the range of $5.67 - $5.72, net income is expected to be in the range of $170 million - $172 million, adjusted diluted earnings per share are expected to be in the range of $6.00 - $6.05, and adjusted ebitda is expected to be in the range of $311 million - $313 million. the company also expects strong operating cash flow of approximately $238 million for the full fiscal year...
2022-06-29 08:00:00 - Press Release
Schnitzer Reports Third Quarter Fiscal 2022 Financial Results
Portland, ore.--(business wire)--schnitzer steel industries, inc. (nasdaq: schn) today reported results for its third quarter of fiscal 2022 ended may 31, 2022. third quarter fiscal 2022 highlights diluted earnings per share from continuing operations of $2.52 compared to $2.16 in the third quarter of fiscal 2021 adjusted diluted earnings per share from continuing operations of $2.59 compared to adjusted diluted earnings per share of $2.20 in the third quarter of fiscal 2021 net income of $76 million compared to $65 million in the third quarter of fiscal 2021 adjusted ebitda of $119 million compared to $97 million in the third quarter of fiscal 2021 the company’s third quarter performance benefited from strong global demand for recycled metals and robust west coast market conditions for finished steel products which was reflected in higher average selling prices for ferrous, nonferrous and finished steel products...
Latest News
2023-07-10 03:26:59 - Seeking Alpha
Schnitzer Steel Industries: Justifying The High Current Valuation
Schnitzer Steel Industries is a promising investment, despite its high forward P/E, due to its growth projections and strong balance sheet. The company's focus on recycled metals offers exposure to a niche industry and aligns with global efforts to reduce emissions. Despite fluctuations in commodity prices, SCHN maintains a positive bottom line and is expected to benefit from increasing demand for recycled metals.
2023-07-04 09:14:26 - Zacks Investment Research
Schnitzer Steel (SCHN) Q3 Earnings & Revenues Miss Estimates
Stronger demand for recycled metals significantly contributes to sequential performance improvement for Schnitzer Steel (SCHN) in Q3.
2023-06-29 08:01:19 - MarketBeat
Schnitzer Steel: Set Up For Long-Term Strength
Schnitzer Steel's NASDAQ: SCHN Q3 results echoed those of Commercial Metals Company NYSE: CMC but the impact on the stock price was the opposite. The report's takeaways are that industry normalization has revenue and earnings down compared to last year, but signs of normalization and underlying market strength have emerged.
2023-04-10 09:54:28 - Zacks Investment Research
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.
2023-04-05 15:00:04 - Seeking Alpha
Schnitzer Steel Industries, Inc. (SCHN) Q2 2023 Earnings Call Transcript
Schnitzer Steel Industries, Inc. (NASDAQ:SCHN ) Q2 2023 Earnings Conference Call April 5, 2023 11:30 AM ET Company Participants Michael Bennett - Investor Relations Tamara Lundgren - Chairman and Chief Executive Officer Stefano Gaggini - Chief Financial Officer Conference Call Participants Emily Chieng - Goldman Sachs Operator Good day and thank you for standing by and welcome to Q2 Fiscal 2023 Earnings Call. [Operator Instructions] Please be advised that today's conference is being recorded.
2023-02-22 19:34:51 - Zacks Investment Research
Schnitzer Steel (SCHN) Flat As Market Sinks: What You Should Know
Schnitzer Steel (SCHN) closed the most recent trading day at $33.01, making no change from the previous trading session.
2023-01-30 14:38:55 - InvestorPlace
7 of the Most Highly Rated ESG Companies to Invest in Now
One of the secondary consequences of Russia's invasion of Ukraine was the impact of environmental, social, and governance ( ESG ) initiatives, negatively affecting even the most highly rated ESG companies. Essentially, the war sparked immediate demand for weaponry, resulting in poor outcomes for the environment.
2023-01-13 15:42:54 - Seeking Alpha
AMC Networks And 2 Other Undervalued Acquisition Candidates With Unexploited Potential
AMC Network: strong content and underlying asset base. Totally unqualified board and management. HNI Corporation: Stock has gone nowhere in 25 years. Two autonomous divisions would allow an acquirer to sell off one and offset most or all of the purchase cost.
2023-01-05 14:35:28 - Seeking Alpha
Schnitzer Steel Industries, Inc. (SCHN) Q1 2023 Earnings Call Transcript
Schnitzer Steel Industries, Inc. (NASDAQ:SCHN ) Q1 2023 Earnings Conference Call January 5, 2023 11:30 AM ET Company Participants Michael Bennett - VP, IR Tamara Lundgren - Chairman and CEO Stefano Gaggini - CFO Conference Call Participants Emily Chang - Goldman Sachs Operator Good day and thank you for standing by. Welcome to the Schnitzer Steel's First Quarter Fiscal 2023 Earnings Presentation.
2023-01-03 12:47:14 - Zacks Investment Research
"Technofundamentals": 3 Top-Ranked Stocks with Strong Fundamentals and Technicals
Combining fundamentals and technicals can be a rewarding endeavor for investors. Today, we will cover stocks with strong Zack's Rankings that are pulling into key price support levels.