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Olympic Steel ( (ZEUS) ) has issued an update.
On October 28, 2025, Olympic Steel, Inc. announced a merger agreement with Ryerson Holding Corporation, where Olympic Steel will become a wholly owned subsidiary of Ryerson. The merger, approved by Olympic Steel’s board, involves a stock exchange and cash considerations for shareholders, with implications for stock-based and long-term cash awards. The merger is subject to customary closing conditions, including shareholder and regulatory approvals, and is expected to enhance the combined company’s market position.
The most recent analyst rating on (ZEUS) stock is a Hold with a $40.00 price target. To see the full list of analyst forecasts on Olympic Steel stock, see the ZEUS Stock Forecast page.
Spark’s Take on ZEUS Stock
According to Spark, TipRanks’ AI Analyst, ZEUS is a Neutral.
Olympic Steel’s overall score reflects a stable financial position and strategic growth initiatives, tempered by high valuation and market uncertainties. The earnings call provided a cautiously optimistic outlook, but technical indicators suggest potential for a price correction.
To see Spark’s full report on ZEUS stock, click here.
More about Olympic Steel
Olympic Steel, Inc. is an Ohio-based company operating in the metals industry, focusing on the distribution and processing of steel and other metal products.
Average Trading Volume: 78,186
Technical Sentiment Signal: Buy
Current Market Cap: $412.5M
See more insights into ZEUS stock on TipRanks’ Stock Analysis page.