ASTL Stock Chart & Stats
$4.16
-$0.03(-0.69%)
At close: 4:00 PM EDT
$4.16
-$0.03(-0.69%)
Day’s Range― - ―
52-Week Range$3.02 - $5.90
Previous Close$8.33
Volume629.42K
Average Volume (3M)1.32M
Market Cap
$498.43M
Enterprise Value$1.66K
Total Cash (Recent Filing)$77.60M
Total Debt (Recent Filing)$916.90M
Price to Earnings (P/E)―
Beta1.32
Next Earnings
Nov 04, 2026EPS Estimate
-0.48Next Dividend Ex-DateN/A
Dividend Yield2.17%
Share Statistics
EPS (TTM)-9.19
Shares Outstanding105,661,470
10 Day Avg. Volume944,470
30 Day Avg. Volume1,320,017
Financial Highlights & Ratios
PEG Ratio>-0.01
Price to Book (P/B)1.25
Price to Sales (P/S)0.29
P/FCF Ratio-1.56
Enterprise Value/Market Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit>-0.01
Enterprise Value/Ebitda>-0.01
Forecast
1Y Price Target
$5.68Price Target Upside36.45% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering3
EPS Forecast (FY)-2.37
Revenue Forecast (FY)$820.80M
Bulls Say, Bears Say
Bulls Say
EAF Transition ProgressThe EAF platform is moving from implementation toward full operation, with Unit 1 running continuously and Unit 2 nearing start-up. Completing the transition should support lower emissions, improve operating consistency, and create a stronger foundation for capacity utilization and future green-steel demand.
Improved Plate Mix And RealizationRecord plate shipments and higher realized pricing indicate progress in the company’s plate-first strategy and product mix. A greater contribution from higher-value products can improve revenue quality and margins over time, provided volumes remain sustainable after the transition period.
Strategic Diversification And Green Steel PositioningThe plate-first strategy and defence joint venture broaden Algoma’s potential customer base beyond conventional steel demand. Combined with the EAF transition’s expected 70% emissions reduction, these initiatives could strengthen differentiation and access to structurally growing specialty and lower-carbon markets.
Bears Say
Severe Profitability DeteriorationThe scale of the recent loss shows that Algoma’s current earnings base is not covering its operating burden during the downturn and transition. Persistently negative profitability can weaken retained capital, restrict investment flexibility, and make recovery dependent on successful execution and improved steel economics.
High Cash Burn And Increased LeverageNegative operating and free cash flow alongside materially higher debt reduces financial flexibility while Algoma funds its transformation. Continued cash consumption may increase reliance on revolver capacity, asset-based financing, or future cash inflows, leaving less buffer if the steel downturn persists.
Transition-driven Volume And Cost PressureLower production during the EAF ramp is causing weaker fixed-cost absorption and higher unit costs, while planned downtime will further reduce near-term shipments. Until Unit 2 stabilizes and volumes recover, this operating inefficiency can continue suppressing margins and delaying cash-flow improvement.
Algoma Steel Group News
ASTL FAQ
What was Algoma Steel Group’s price range in the past 12 months?
Algoma Steel Group lowest stock price was $3.02 and its highest was $5.90 in the past 12 months.
What is Algoma Steel Group’s market cap?
Algoma Steel Group’s market cap is $498.43M.
When is Algoma Steel Group’s upcoming earnings report date?
Algoma Steel Group’s upcoming earnings report date is Nov 04, 2026 which is in 56 days.
How were Algoma Steel Group’s earnings last quarter?
Algoma Steel Group released its earnings results on Jul 29, 2026. The company reported -$0.633 earnings per share for the quarter, missing the consensus estimate of -$0.611 by -$0.022.
Is Algoma Steel Group overvalued?
According to Wall Street analysts Algoma Steel Group’s price is currently Undervalued.
Does Algoma Steel Group pay dividends?
Algoma Steel Group pays a Notavailable dividend of $0.05 which represents an annual dividend yield of 2.17%. See more information on Algoma Steel Group dividends here
What is Algoma Steel Group’s EPS estimate?
Algoma Steel Group’s EPS estimate is -0.48.
How many shares outstanding does Algoma Steel Group have?
Algoma Steel Group has 105,661,470 shares outstanding.
What happened to Algoma Steel Group’s price movement after its last earnings report?
Algoma Steel Group reported an EPS of -$0.633 in its last earnings report, missing expectations of -$0.611. Following the earnings report the stock price went down -10.187%.
Which hedge fund is a major shareholder of Algoma Steel Group?
Currently, no hedge funds are holding shares in ASTL
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Algoma Steel Group Stock Smart Score
Underperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$5.68 (36.45% Upside)
$5.68 (36.45% Upside)
Blogger Sentiment
Neutral
ASTL Sentiment 50%
Sector Average 62%
Sector Average 62%
Hedge Fund Trend
Increased
By 88.3K Shares
Last Quarter.
Last Quarter.
Technicals
SMA
Negative
20 days / 200 days
Momentum
-5.42%
12-Months-Change
Fundamentals
Return on Equity
2.17%
Trailing 12-Months
Asset Growth
-32.62%
Trailing 12-Months
Learn more about TipRanks Smart Score
Company Description
Algoma Steel Group
Algoma Steel Group Inc. is a North American producer and vendor of various steel products. The company supplies an array of flat and sheet steel materials, including temper rolled, cold rolled, hot-rolled pickled and oiled, floor plate, and cut-to-length items. These are integral to the automotive sector, hollow structural product manufacturers, and both light manufacturing and transportation industries. Additionally, Algoma Steel offers plate steel, available in rolled, hot-rolled, and heat-treated conditions, which is utilized in constructing or fabricating railcars, buildings, bridges, heavy-duty off-highway equipment, storage tanks, ships, and for military applications. Established in 1901, Algoma Steel Group Inc. is headquartered in Sault Ste. Marie, Canada.
ASTL Company Deck
ASTL Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Neutral
The call presents a mixed but improving picture: the company achieved a positive adjusted EBITDA headline, set consecutive record plate shipments, materially reduced tariff costs and advanced its EAF transition (Unit 2 nearing start-up), and maintains liquidity with expected near-term tax refunds. However, the quarter also showed large year-over-year declines in shipments and revenue, elevated per-ton costs during the ramp, significant operating losses and near-term downtime that will depress Q3 volumes. Several benefits (insurance proceeds, capacity adjustments) are non-recurring or in the process of being eliminated. Overall, the company appears to be progressing through a challenging but managed transformation with tangible signs of operational and financial improvement, while substantial transition-related headwinds remain.View all ASTL earnings summariesASTL Stock 12 Month Forecast
Average Price Target
$5.68
▲(36.45% Upside)
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Ownership Overview
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Insiders
2.57% Mutual Funds
49.18% Other Institutional Investors
46.67% Public Companies and
Individual Investors