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Algoma Steel Group Inc. (ASTL)
:ASTL
Holding ASTL?
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ASTL Stock Chart & Stats
Day’s Range― - ―
52-Week Range$6.67 - $12.14
Previous Close$8.33
Volume659.96K
Average Volume (3M)614.72K
Market Cap
$856.35M
Enterprise Value$1.67B
Total Cash (Recent Filing)$265.00M
Total Debt (Recent Filing)$545.60M
Price to Earnings (P/E)―
Beta1.03
Next Earnings
Feb 05, 2025EPS Estimate
-0.55Last Dividend Ex-Date
Nov 27, 2024Dividend Yield2.44%
Share Statistics
EPS (TTM)-1.05
Shares Outstanding104,423,070
10 Day Avg. Volume936,776
30 Day Avg. Volume614,716
Standard Deviation0.13
R-Squared0.34
Alpha-0.00583
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)0.50
Price to Cash Flow (P/CF)12.10
P/FCF Ratio0.00
Enterprise Value/Market Cap1.95
Enterprise Value/Revenue0.67
Enterprise Value/Gross Profit5.91
Enterprise Value/Ebitda-92.75
Forecast
1Y Price Target
$13.54Price Target Upside64.12% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
Algoma Steel Group News
PremiumCompany Announcements
Algoma Steel Pursues Green Transformation Amid Challenges
PremiumCompany Announcements
Algoma Steel to Join Energy Convergence Conference
PremiumCompany Announcements
Algoma Steel Reports Q2 2025 Earnings Amid Transformation
PremiumCompany Announcements
Algoma Steel Reports Loss Amid Market ChallengesBulls Say, Bears Say
Bulls Say
Financial StabilityAlgoma's liquidity is sufficient to complete the project despite the currently weak steel environment.
Operational PerformanceThe sequential increase can be attributed to assets operating normally.
Production MilestoneAlgoma expects to produce first steel by the end of EAF commissioning despite weather challenges.
Bears Say
CostsHigher costs, attributed to EAF commissioning, impacted Algoma's financial performance.
EarningsLackluster contract prices and stagnant recovery in spot sheet prices are expected to lead to soft earnings.
PricingThe lackluster lagged contract prices and stagnant recovery in spot sheet prices will translate to soft earnings in CY1Q'25.
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Ownership Overview
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Insiders
6.01% Mutual Funds
0.13% Other Institutional Investors
90.27% Public Companies and
Individual Investors
ASTL FAQ
What was Algoma Steel Group Inc.’s price range in the past 12 months?
Algoma Steel Group Inc. lowest stock price was $6.67 and its highest was $12.14 in the past 12 months.
What is Algoma Steel Group Inc.’s market cap?
Algoma Steel Group Inc.’s market cap is $856.35M.
When is Algoma Steel Group Inc.’s upcoming earnings report date?
Algoma Steel Group Inc.’s upcoming earnings report date is Feb 05, 2025 which is in 17 days.
How were Algoma Steel Group Inc.’s earnings last quarter?
Algoma Steel Group Inc. released its earnings results on Nov 06, 2024. The company reported -$0.68 earnings per share for the quarter, missing the consensus estimate of -$0.195 by -$0.485.
Is Algoma Steel Group Inc. overvalued?
According to Wall Street analysts Algoma Steel Group Inc.’s price is currently Undervalued.
Does Algoma Steel Group Inc. pay dividends?
Algoma Steel Group Inc. pays a Quarterly dividend of $0.049 which represents an annual dividend yield of 2.44%. See more information on Algoma Steel Group Inc. dividends here
What is Algoma Steel Group Inc.’s EPS estimate?
Algoma Steel Group Inc.’s EPS estimate is -0.55.
How many shares outstanding does Algoma Steel Group Inc. have?
Algoma Steel Group Inc. has 104,423,070 shares outstanding.
What happened to Algoma Steel Group Inc.’s price movement after its last earnings report?
Algoma Steel Group Inc. reported an EPS of -$0.68 in its last earnings report, missing expectations of -$0.195. Following the earnings report the stock price went up 6.377%.
Which hedge fund is a major shareholder of Algoma Steel Group Inc.?
Among the largest hedge funds holding Algoma Steel Group Inc.’s share is Donald Smith & Co. Inc. It holds Algoma Steel Group Inc.’s shares valued at 82M.
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Algoma Steel Group Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$13.54 (64.12% Upside)
$13.54 (64.12% Upside)
Blogger Sentiment
Bullish
ASTL Sentiment 70%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Increased
By 778.1K 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
-8.60%
12-Months-Change
Fundamentals
Return on Equity
-10.29%
Trailing 12-Months
Asset Growth
14.20%
Trailing 12-Months
Company Description
Algoma Steel Group Inc.
Legato Merger Corp is a blank check company.
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ASTL Company Deck
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ASTL Earnings Call
Q2 2024
0:00 / 0:00
Earnings Call Sentiment|Neutral
The earnings call reflected a challenging quarter for Algoma Steel Group with a decline in revenue, shipments, and adjusted EBITDA due to soft market conditions. However, strong liquidity and progress on the EAF project, along with insurance proceeds, provide some positive aspects to the company's overall situation.Read More>---
ASTL Stock 12 Month Forecast
Average Price Target
$13.54
▲(64.12% Upside)
Technical Analysis
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Best Analysts Covering ASTL
1 Year
1 Year Success Rate
11/18 ratings generated profit
1 Year Average Return
+7.67%
reiterated a buy rating 6 days ago
Copying Ian Gillies's trades and holding each position for 1 Year would result in 61.11% of your transactions generating a profit, with an average return of +7.67% per trade.
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