Algoma Steel Group (ASTL)
NASDAQ:ASTL
ASTL Stock Chart & Stats
$4.74
-$0.28(-3.25%)
At close: 4:00 PM EST
$4.74
-$0.28(-3.25%)
Day’s Range― - ―
52-Week Range$3.02 - $7.25
Previous Close$8.33
Volume659.96K
Average Volume (3M)2.16M
Market Cap
$581.10M
Enterprise Value$1.65B
Total Cash (Recent Filing)$77.60M
Total Debt (Recent Filing)$916.90M
Price to Earnings (P/E)―
Beta1.25
Next Earnings
Aug 04, 2026EPS Estimate
-0.64Next Dividend Ex-DateN/A
Dividend Yield4.75%
Share Statistics
EPS (TTM)-9.19
Shares Outstanding104,933,800
10 Day Avg. Volume1,730,759
30 Day Avg. Volume2,155,036
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 Cap2.84
Enterprise Value/Revenue0.79
Enterprise Value/Gross Profit-2.48
Enterprise Value/Ebitda-2.03
Forecast
1Y Price Target
$6.11Price Target Upside28.97% Upside
Rating ConsensusHold
Number of Analyst Covering4
EPS Forecast (FY)-2.28
Revenue Forecast (FY)$1.05B
Bulls Say, Bears Say
Bulls Say
EAF Ramp-upAlgoma’s successful Unit 1 EAF ramp establishes a lasting operational foundation: lower sustaining capex, cleaner production, and flexible scrap‑based melt economics. Over months this reduces maintenance burden, supports margin recovery versus blast‑furnace peers, and enables targeted product quality for higher‑value markets.
Strategic PartnershipsNew JVs and the Hanwha MOU diversify revenue beyond commodity coil: defense ballistic steel and potential beam mill investment create structural demand channels and optionality. These partnerships can provide contracted volumes, non‑cyclical end markets and potential capital support, improving medium‑term revenue stability.
Material LiquiditySubstantial liquidity and a >CAD100M working‑capital release give Algoma a durable runway to complete the EAF transition and absorb near‑term losses. Access to revolver and LETL availability reduces immediate refinancing stress, allowing management to execute operational fixes rather than seek urgent capital markets solutions.
Bears Say
Higher LeverageEroded equity and materially higher debt raise structural financial risk: weaker covenant headroom, reduced flexibility for cyclical downturns, and greater sensitivity to interest or cash‑flow shocks. In capital‑intensive steel cycles this limits capacity to invest or weather prolonged demand weakness without external financing.
Weak Cash GenerationPersistent negative operating and free cash flow signals structural cash burn and limited internal funding for capex or deleveraging. Sustained outflows increase reliance on liquidity facilities and draws, constraining strategic optionality and making the company vulnerable if working capital improvements or projected tax/insurance inflows underperform.
Tariff Exposure & Market OversupplyMaterial tariff costs and Canadian coil oversupply structurally depress export competitiveness and domestic pricing. Persistent trade barriers reduce access to the large US market, force shipment disruptions, and create legal/regulatory uncertainty that can constrain revenue recovery and long‑term scale economics for Algoma’s core products.
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 $7.25 in the past 12 months.
What is Algoma Steel Group’s market cap?
Algoma Steel Group’s market cap is $581.10M.
When is Algoma Steel Group’s upcoming earnings report date?
Algoma Steel Group’s upcoming earnings report date is Aug 04, 2026 which is in 59 days.
How were Algoma Steel Group’s earnings last quarter?
Algoma Steel Group released its earnings results on May 12, 2026. The company reported -$1.05 earnings per share for the quarter, missing the consensus estimate of -$0.747 by -$0.303.
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 4.75%. See more information on Algoma Steel Group dividends here
What is Algoma Steel Group’s EPS estimate?
Algoma Steel Group’s EPS estimate is -0.64.
How many shares outstanding does Algoma Steel Group have?
Algoma Steel Group has 104,933,800 shares outstanding.
What happened to Algoma Steel Group’s price movement after its last earnings report?
Algoma Steel Group reported an EPS of -$1.05 in its last earnings report, missing expectations of -$0.747. Following the earnings report the stock price went up 0.2%.
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
Neutral
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Analyst Consensus
Hold
Average Price Target:
$6.11 (28.97% Upside)
$6.11 (28.97% Upside)
Blogger Sentiment
Bullish
ASTL Sentiment 100%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Decreased
By 855.1K Shares
Last Quarter.
Last Quarter.
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-68.80%
12-Months-Change
Fundamentals
Return on Equity
-136.54%
Trailing 12-Months
Asset Growth
-33.18%
Trailing 12-Months
Company Description
Algoma Steel Group
Algoma Steel Group Inc. produces and sells steel products primarily in North America. It provides flat/sheet steel products, including temper rolling, cold rolled, hot-rolled pickled and oiled products, floor plate, and cut-to-length products for the automotive industry, hollow structural product manufacturers, and the light manufacturing and transportation industries; and plate steel products that consist of rolled, hot-rolled, and heat-treated for use in the construction or manufacture of railcars, buildings, bridges, off-highway equipment, storage tanks, ships, and military applications. Algoma Steel Group Inc. was founded in 1901 and is headquartered in Sault Ste. Marie, Canada.
ASTL Company Deck
ASTL Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Neutral
The earnings call conveyed a balanced message: meaningful operational progress (successful EAF ramp, record plate sales, improved per‑tonne realization and an $18M underlying EBITDA improvement) and solid liquidity provide a clear path toward stabilization. However, the quarter was a planned transitional trough with steep volume and revenue declines (shipments -52.4%, revenue -42.4%), a large capacity utilization charge ($90.2M), material tariff costs (CAD 27.4M) and ongoing market and legal uncertainties. Management expects capacity charges to be eliminated by Q4 and a path to breakeven, but near‑term volumes and pricing headwinds (coil oversupply, sheet weakness) present significant challenges.View all ASTL earnings summariesASTL Stock 12 Month Forecast
Average Price Target
$6.11
▲(28.97% Upside)
Technical Analysis
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Ownership Overview
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Insiders
2.57% Mutual Funds
54.36% Other Institutional Investors
41.47% Public Companies and
Individual Investors