Olympic Steel, Inc. processes and distributes metal products in the United States and internationally. The company has market cap of $244.45 million. It operates in three divisions: Carbon Flat Products; Specialty Metals Flat Products; and Tubular and Pipe Products. It has a 19.95 P/E ratio. The Carbon Flat Products segment sells and distributes processed carbon and coated flat-rolled sheets, coil and plate products, and fabricated parts.
RigNet, Inc. (RNET) formed triangle with $18.36 target or 8.00% above today’s $17.00 share price. RigNet, Inc. (RNET) has $309.83 million valuation. The stock increased 2.10% or $0.35 during the last trading session, reaching $17. About 58,635 shares traded or 97.99% up from the average. RigNet, Inc. (NASDAQ:RNET) has risen 36.15% since January 6, 2017 and is uptrending. It has outperformed by 19.45% the S&P500.
Among 3 analysts covering RigNet (NASDAQ:RNET), 2 have Buy rating, 0 Sell and 1 Hold. Therefore 67% are positive. RigNet had 6 analyst reports since August 5, 2015 according to SRatingsIntel. Oppenheimer maintained the stock with “Hold” rating in Wednesday, August 5 report. The firm has “Buy” rating by Sidoti given on Tuesday, June 28. The stock of RigNet, Inc. (NASDAQ:RNET) earned “Neutral” rating by Sidoti on Tuesday, November 10. On Wednesday, August 16 the stock rating was maintained by Piper Jaffray with “Hold”. The stock has “Buy” rating by Sidoti on Monday, August 31.
Investors sentiment increased to 1.56 in 2017 Q3. Its up 0.43, from 1.13 in 2017Q2. It increased, as 9 investors sold RigNet, Inc. shares while 16 reduced holdings. 16 funds opened positions while 23 raised stakes. 15.98 million shares or 0.83% more from 15.85 million shares in 2017Q2 were reported. Tiaa Cref Ltd Liability Company owns 52,937 shares. Dimensional Fund Advsr Lp reported 0% of its portfolio in RigNet, Inc. (NASDAQ:RNET). Ameritas Ptnrs has invested 0% in RigNet, Inc. (NASDAQ:RNET). Blair William And Il stated it has 0.01% in RigNet, Inc. (NASDAQ:RNET). 999 are owned by Bnp Paribas Arbitrage Sa. Millennium Tvp Management Ltd Llc accumulated 64,179 shares. The Pennsylvania-based Vanguard Gp has invested 0% in RigNet, Inc. (NASDAQ:RNET). Schwab Charles Investment Mgmt has 0% invested in RigNet, Inc. (NASDAQ:RNET) for 58,298 shares. Savings Bank Of New York Mellon holds 0% of its portfolio in RigNet, Inc. (NASDAQ:RNET) for 67,997 shares. 2.66 million are held by Fmr Lc. Punch And Associate Inv Mngmt reported 0.43% of its portfolio in RigNet, Inc. (NASDAQ:RNET). Manufacturers Life Insur Com The holds 0% in RigNet, Inc. (NASDAQ:RNET) or 11,448 shares. Cornerstone Capital Management Ltd Liability reported 38,071 shares. Renaissance Technology Ltd Co holds 576,500 shares or 0.01% of its portfolio. Invesco Limited holds 0% in RigNet, Inc. (NASDAQ:RNET) or 107,687 shares.
Since September 6, 2017, it had 0 insider purchases, and 1 insider sale for $48,755 activity. Another trade for 3,000 shares valued at $48,755 was sold by Davis Charles Louis IV.
Sg Capital Management Llc holds 0.22% of its portfolio in Olympic Steel, Inc. for 93,162 shares. Foundry Partners Llc owns 240,115 shares or 0.21% of their US portfolio. Moreover, Essex Investment Management Co Llc has 0.2% invested in the company for 67,755 shares. The United Kingdom-based Gsa Capital Partners Llp has invested 0.17% in the stock. Hennessy Advisors Inc, a California-based fund reported 154,400 shares.
Ratings analysis reveals 0 of Olympic Steel’s analysts are positive. Out of 2 Wall Street analysts rating Olympic Steel, 0 give it “Buy”, 1 “Sell” rating, while 1 recommend “Hold”. ZEUS was included in 2 notes of analysts from August 19, 2016. Macquarie Research downgraded the stock to “Neutral” rating in Tuesday, November 8 report. KeyBanc Capital Markets downgraded the stock to “Underweight” rating in Friday, August 19 report.
Analysts await Olympic Steel, Inc. (NASDAQ:ZEUS) to report earnings on March, 1. They expect $0.08 earnings per share, up 142.11% or $0.27 from last year’s $-0.19 per share. ZEUS’s profit will be $877,720 for 69.63 P/E if the $0.08 EPS becomes a reality. After $0.20 actual earnings per share reported by Olympic Steel, Inc. for the previous quarter, Wall Street now forecasts -60.00% negative EPS growth.
The stock decreased 1.59% or $0.36 during the last trading session, reaching $22.28. About 73,360 shares traded. Olympic Steel, Inc. (ZEUS) has declined 22.41% since January 6, 2017 and is downtrending. It has underperformed by 39.11% the S&P500.