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Algoma Steel Group (TSE:ASTL)
TSX:ASTL
RESEARCH TOOLSreports
Algoma Steel Group (ASTL) Stock Price & Analysis
26 Followers
ASTL Stock Chart & Stats
Day’s RangeC$0 - C$0
52-Week RangeC$8.42 - C$13.46
Previous CloseC$10.82
Volume14.19K
Average Volume (3M)48.44K
Market Cap
C$1.10B
Enterprise ValueC$1.18B
Total Cash (Recent Filing)C$94.70M
Total Debt (Recent Filing)C$147.20M
Price to Earnings (P/E)21.0
Beta0.93
Next Earnings
Jun 11, 2024EPS Estimate
-C$0.02Last Dividend Ex-Date
Feb 28, 2024Dividend Yield2.54%
Share Statistics
EPS (TTM)0.51
Shares Outstanding104,038,495
10 Day Avg. Volume31,070
30 Day Avg. Volume48,444
Standard Deviation0.12
R-Squared0.38
Alpha-0.00270
Financial Highlights & Ratios
Price to Book (P/B)0.78
Price to Sales (P/S)0.41
Price to Cash Flow (P/CF)-5.90
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
C$15.00Price Target Upside41.50% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
Algoma Steel Group News
PremiumCompany Announcements
Algoma Steel Prices $350M Notes Offering
PremiumCompany Announcements
Algoma Steel Reschedules Dividend DateBulls Say, Bears Say
Bulls Say
Financial GuidanceAlgoma provided guidance indicating an expected EBITDA in the range of C$30-40M, well above analyst and consensus estimates.
Operational EfficiencySteel production is returning to normal and demand remains strong, suggesting results are expected to improve in the next quarter.
Project ManagementThe EAF project is on schedule and within budget, indicating good project management and cost control.
Bears Say
Financial ForecastAnalyst reduces FY4Q'24 estimates and target price for Algoma due to the incident at its coke-making plant.
Operational ChallengesAlgoma experienced issues when restarting the blast furnace following a safety-related temporary shutdown, impacting shipments.
Supply Chain DisruptionSteel shipments are now expected to be delayed, with revised shipment estimates significantly lower than previous projections.
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Options Prices
Currently, No data available
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Ownership Overview
20.31%
Insiders
3.75% Mutual Funds
3.24% Other Institutional Investors
72.70% Public Companies and
Individual Investors
ASTL FAQ
What was Algoma Steel Group’s price range in the past 12 months?
Algoma Steel Group lowest stock price was C$8.42 and its highest was C$13.46 in the past 12 months.
What is Algoma Steel Group’s market cap?
Currently, no data Available
When is Algoma Steel Group’s upcoming earnings report date?
Algoma Steel Group’s upcoming earnings report date is Jun 11, 2024 which is in 46 days.
How were Algoma Steel Group’s earnings last quarter?
Algoma Steel Group released its earnings results on Feb 06, 2024. The company reported -C$0.78 earnings per share for the quarter, missing the consensus estimate of -C$0.25 by -C$0.53.
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 Quarterly dividend of C$0.07 which represents an annual dividend yield of 2.54%. See more information on Algoma Steel Group dividends here
What is Algoma Steel Group’s EPS estimate?
Algoma Steel Group’s EPS estimate is -C$0.02.
How many shares outstanding does Algoma Steel Group have?
Algoma Steel Group has 104,038,500 shares outstanding.
What happened to Algoma Steel Group’s price movement after its last earnings report?
Algoma Steel Group reported an EPS of -C$0.78 in its last earnings report, missing expectations of -C$0.25. Following the earnings report the stock price went down -0.269%.
Which hedge fund is a major shareholder of Algoma Steel Group?
Among the largest hedge funds holding Algoma Steel Group’s share is Donald Smith & Co. Inc. It holds Algoma Steel Group’s shares valued at 97M.
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Algoma Steel Group Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
C$15.00 (41.50% Upside)
C$15.00 (41.50% Upside)
Blogger Sentiment
Bullish
TSE:ASTL Sentiment 100%
Sector Average 72%
Sector Average 72%
Hedge Fund Trend
Increased
By 1.9M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.4%
Last 30 Days ▼ 3.9%
Last 30 Days ▼ 3.9%
Technicals
SMA
Positive
20 days / 200 days
Momentum
7.66%
12-Months-Change
Fundamentals
Return on Equity
3.98%
Trailing 12-Months
Asset Growth
6.89%
Trailing 12-Months
Company Description
Algoma Steel Group
Legato Merger Corp is a blank check company.
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ASTL Company Deck
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ASTL Earnings Call
Q3 2024
0:00 / 0:00
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ASTL Stock 12 Months Forecast
Average Price Target
C$15.00
▲(41.50% Upside)
Technical Analysis
Best Analysts Covering ASTL
1 Year
1 Year Success Rate
6/12 ratings generated profit
1 Year Average Return
+4.47%
reiterated a buy rating 9 days ago
Copying Ian Gillies's trades and holding each position for 1 Year would result in 50.00% of your transactions generating a profit, with an average return of +4.47% per trade.
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