Algoma Steel Group (ASTL) Stock Price & Analysis
ASTL Stock Chart & Stats
- Day’s Range
- $4.70 - $4.94
- 52-Week Range
- $3.16 - $5.90
- Previous Close
- $4.99
- Volume
- 629.42K
- Average Volume (3M)
- 945.09K
- Market Cap
- $504.32M
- Enterprise Value
- $1.64B
- Total Cash (Recent Filing)
- $77.60M
- Total Debt (Recent Filing)
- $916.90M
- Price to Earnings (P/E)
- ―
- Beta
- 1.40
- Next Earnings
- Mar 17, 2027 (Est.)
- EPS Estimate
- -0.24
- Last Dividend Ex-Date
- May 13, 2025
- Dividend Yield
- 1.05%
Bulls Say, Bears Say
Bulls Say
EAF Transformation
EAF Unit Two's commercial start marks a major structural step in Algoma's modernization. As the combined platform ramps, management expects higher production and a lasting cost and carbon advantage, which could improve competitiveness across steel market cycles.
Plate Pricing And Mix
Strong plate pricing and a larger share of premium plate demonstrate product-mix support for realized revenue per ton. This positioning can improve earnings quality and partially offset cyclical volume pressure as production gradually recovers.
Liquidity And Operating Recovery
Substantial liquidity provides funding flexibility while the EAF platform ramps and working-capital needs rise. Restored power also removes a major operational constraint, improving the company's ability to convert capacity into shipments over the coming quarters.
Bears Say
Severe Profitability Deterioration
The sharp loss and negative margins show that Algoma currently lacks durable earnings coverage through the downturn. Until volumes, utilization, and cost absorption improve, profitability remains vulnerable and internal funding for operations or investment is constrained.
Higher Leverage
Higher leverage combined with loss-driven equity erosion reduces financial flexibility in a cyclical industry. More debt relative to the equity base can increase financing pressure and leave fewer options to absorb further weakness or fund the transformation internally.
U.S. Tariff Exposure
Persistent tariffs have materially reduced access to an important export market and disrupted Algoma's prior shipment mix. This structural trade barrier can weigh on volumes, capacity utilization, and customer economics until market access or selling destinations improve.
Algoma Steel Group News
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Algoma Steel Group Stock 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.
- Sector
- Basicmaterials
- Industry
- Steel
- CEO
- Rajat Marwah
- Employees
- 2,400
- Website
- algoma.com
- Address
- 105 West Street, Sault Ste. Marie, ON, P6A 7B4, CA
Algoma Steel Group (ASTL) Earnings & Revenues
ASTL Company Deck
ASTL Earnings Call
Earnings Call SentimentNeutral
The call presented meaningful operational progress, including restored power, commercial production from EAF Unit Two, improving underlying EBITDA, strong plate pricing, healthy Canadian demand and approximately $428 million of available liquidity. However, the company remained loss-making, shipments and revenue were substantially below the prior year, costs per ton were elevated, the 50% U.S. tariff remained in place and the EAF ramp still involved higher-than-target costs and ongoing legal matters. The positive operational trajectory was balanced by significant current-period financial and transition challenges.
View all ASTL earnings summariesASTL Stock 12 Month Forecast
Average Price Target
Technical Analysis
Overall Consensus
| Indicator | Bullish | Neutral | Bearish |
|---|---|---|---|
| Overall Consensus | 13 | 4 | 5 |
| Technical Analysis | 3 | 4 | 3 |
| Moving Averages | 10 | 0 | 2 |