Radius Recycling (RDUS)

• Market cap: $437M
• 1 day: -2.45%
• 5 days: -10.91%
• 1 month: -15.93%
• 3 months: -9.29%
• 6 months: 6.08%
• Year to date: -48.90%
• 1 year: -49.15%
• 5 years: -29.16%
• 10 years: -29.65%
• Sector: Industrials
• Industry: Miscellaneous Durable Goods

About: Radius Recycling Inc is a North American Based company which is involved in recycling of ferrous and nonferrous metal, including end-of-life vehicles, and a manufacturer of finished steel products. As a vertically integrated organization, it offers products and services to meet world-wide demand through the network that includes fifty retail self-service auto parts stores, fifty four metals recycling facilities, and an electric arc furnace steel mill.

Employees: 3,011

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

17% more capital invested

Capital invested by funds: $351M [Q2] → $411M (+$59.4M) [Q3]

13% more repeat investments, than reductions

Existing positions increased: 62 | Existing positions reduced: 55

4% more first-time investments, than exits

New positions opened: 24 | Existing positions closed: 23

1% more funds holding

Funds holding: 156 [Q2] → 157 (+1) [Q3]

3.06% less ownership

Funds ownership: 82.82% [Q2] → 79.76% (-3.06%) [Q3]

32% less call options, than puts

Call options by funds: $2.11M | Put options by funds: $3.12M

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

• Low target: $22 42% upside
• Avg. target: $22 42% upside
• High target: $22 42% upside

1 analyst rating

• positive: 0 0%
• neutral: 1 100%
• negative: 0 0%

Goldman Sachs Mike Harris 0% 1-year accuracy 0 / 3 met price target

42% upside $22

Neutral Initiated

2 Dec 2024