Radius Recycling (RDUS)

• Market cap: $371M
• 1 day: 0.77%
• 5 days: 4.36%
• 1 month: -2.88%
• 3 months: -33.28%
• 6 months: -10.71%
• Year to date: -11.67%
• 1 year: -44.64%
• 5 years: -23.47%
• 10 years: -18.05%
• 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 Q4 regulatory filings by fund managers ($100M+ AUM)

48% more call options, than puts

Call options by funds: $2.66M | Put options by funds: $1.8M

47% more first-time investments, than exits

New positions opened: 28 | Existing positions closed: 19

4% more funds holding

Funds holding: 158 [Q3] → 164 (+6) [Q4]

0.97% more ownership

Funds ownership: 80.06% [Q3] → 81.03% (+0.97%) [Q4]

7% less repeat investments, than reductions

Existing positions increased: 57 | Existing positions reduced: 61

16% less capital invested

Capital invested by funds: $412M [Q3] → $345M (-$67.4M) [Q4]

Research analyst outlook

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

• Low target: $22 67% upside
• Avg. target: $22 67% upside
• High target: $22 67% 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

67% upside $22

Neutral Initiated

2 Dec 2024