Olympic Steel (ZEUS)

• Market cap: $336M
• 1 day: 3.15%
• 5 days: 0.10%
• 1 month: -5.79%
• 3 months: -9.87%
• 6 months: -18.58%
• Year to date: -3.81%
• 1 year: -54.50%
• 5 years: 290.85%
• 10 years: 185.08%
• Sector: Materials
• Industry: Steel

About: Olympic Steel Inc provides metals processing and distribution services in the United States. The company operates in three reportable segments; specialty metals flat products, carbon flat products, and tubular and pipe products. It specializes in the processing and distribution of large volumes of carbon, aluminum, and stainless steel flat-rolled sheet, coils, plates, bars, and fabricated parts. The group serves various industries such as industrial machinery and equipment manufacturers, automobile manufacturers and suppliers, and transportation equipment manufacturers. The company generates majority of the revenue from carbon flat products.

Employees: 2,163

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

19% more first-time investments, than exits

New positions opened: 32 | Existing positions closed: 27

1.37% more ownership

Funds ownership: 83.75% [Q3] → 85.12% (+1.37%) [Q4]

1% more funds holding

Funds holding: 154 [Q3] → 156 (+2) [Q4]

8% more repeat investments, than reductions

Existing positions increased: 55 | Existing positions reduced: 51

15% less capital invested

Capital invested by funds: $364M [Q3] → $311M (-$53.1M) [Q4]

18% less call options, than puts

Call options by funds: $551K | Put options by funds: $676K

Research analyst outlook

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

• Low target: $43 40% upside
• Avg. target: $43 40% upside
• High target: $43 40% upside

1 analyst rating

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

Keybanc Philip Gibbs 18% 1-year accuracy 3 / 17 met price target

40% upside $43

Overweight Maintained

24 Feb 2025