Metallus (MTUS) to Release Earnings on Thursday

Metallus (NYSE:MTUS) will announce its earnings results after the market closes on Thursday, May 9th. Analysts expect the company to announce earnings of $0.35 per share for the quarter. Parties interested in listening to the company’s conference call can do so using this link.

Metallus (NYSE:MTUS) last issued its earnings results on Tuesday, February 27th. The company reported $0.36 EPS for the quarter, beating analysts’ consensus estimates of $0.28 by $0.08. The business had revenue of $328.10 million during the quarter, compared to analysts’ expectations of $326.53 million. Metallus had a net margin of 5.09% and a return on equity of 12.54%. On average, analysts expect Metallus to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Metallus Stock Down 1.3 %

MTUS opened at $20.82 on Tuesday. Metallus has a twelve month low of $16.57 and a twelve month high of $24.30. The firm has a market capitalization of $913.79 million, a price-to-earnings ratio of 14.26, a PEG ratio of 0.75 and a beta of 1.55. The stock’s 50-day simple moving average is $21.36.

Insiders Place Their Bets

In other news, CEO Michael S. Williams sold 28,907 shares of the business’s stock in a transaction that occurred on Wednesday, March 27th. The stock was sold at an average price of $22.02, for a total transaction of $636,532.14. Following the transaction, the chief executive officer now directly owns 694,039 shares in the company, valued at approximately $15,282,738.78. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. In related news, CEO Michael S. Williams sold 28,907 shares of Metallus stock in a transaction that occurred on Wednesday, March 27th. The stock was sold at an average price of $22.02, for a total transaction of $636,532.14. Following the transaction, the chief executive officer now owns 694,039 shares in the company, valued at $15,282,738.78. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, EVP Kevin A. Raketich sold 10,354 shares of the business’s stock in a transaction on Monday, March 4th. The stock was sold at an average price of $20.37, for a total value of $210,910.98. Following the transaction, the executive vice president now directly owns 88,551 shares in the company, valued at approximately $1,803,783.87. The disclosure for this sale can be found here. Insiders have sold 126,099 shares of company stock valued at $2,623,645 in the last ninety days. 3.70% of the stock is currently owned by corporate insiders.

Metallus Company Profile

Metallus Inc manufactures and sells alloy steel, and carbon and micro-alloy steel products in the United States and internationally. The company offers special bar quality (SBQ) bars, seamless mechanical tubes, precision steel components, and billets that are used in gears, hubs, axles, crankshafts and motor shafts, oil country drill pipes, bits and collars, bearing races and rolling elements, bushings, fuel injectors, wind energy shafts, anti-friction bearings, artillery and mortar bodies, and other applications.