Analysts Offer Predictions for Russel Metals FY2027 Earnings

Russel Metals Inc. (TSE:RUS) – Scotiabank boosted their FY2027 earnings per share (EPS) estimates for Russel Metals in a research report issued to clients and investors on Friday, April 10th. Scotiabank analyst J. Goldman now expects that the company will post earnings per share of $3.32 for the year, up from their previous forecast of $3.16. Scotiabank has a “Outperform” rating and a $54.00 price target on the stock.

Other analysts have also issued research reports about the stock. Stifel Nicolaus raised their price target on shares of Russel Metals from C$49.00 to C$50.50 and gave the company a “hold” rating in a research report on Friday, February 13th. Royal Bank Of Canada raised their price objective on Russel Metals from C$51.00 to C$55.00 and gave the company an “outperform” rating in a report on Friday, February 13th. TD Securities raised their price objective on Russel Metals from C$50.00 to C$57.00 and gave the company a “buy” rating in a report on Friday, February 13th. Finally, National Bank Financial dropped their price objective on Russel Metals from C$56.00 to C$51.00 and set a “sector perform” rating on the stock in a report on Wednesday, April 8th. Four analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of C$53.58.

Russel Metals Price Performance

RUS stock opened at C$50.60 on Monday. The firm has a market cap of C$2.78 billion, a PE ratio of 16.81, a P/E/G ratio of 0.59 and a beta of 0.87. The company has a debt-to-equity ratio of 30.44, a quick ratio of 1.44 and a current ratio of 3.06. The firm’s fifty day moving average is C$48.09 and its 200 day moving average is C$44.71. Russel Metals has a one year low of C$36.22 and a one year high of C$53.37.

Russel Metals (TSE:RUS) last posted its earnings results on Wednesday, February 11th. The company reported C$0.55 EPS for the quarter. The firm had revenue of C$1.09 billion for the quarter. Russel Metals had a return on equity of 10.44% and a net margin of 3.64%.

Russel Metals Company Profile

Russel Metals is one of the largest metals distribution companies in North America with a growing focus on value-added processing. It carries on business in three segments: metals service centers, energy field stores and steel distributors. Its network of metals service centers carries an extensive line of metal products in a wide range of sizes, shapes and specifications, including carbon hot rolled and cold finished steel, pipe and tubular products, stainless steel, aluminum and other non-ferrous specialty metals.