Russel Metals (OTCMKTS:RUSMF – Get Free Report) will likely be announcing its results after the market closes on Wednesday, November 4th. Analysts expect the company to announce earnings of $1.04 per share and revenue of $1.16 billion for the quarter.
Russel Metals Stock Up 1.4%
Shares of Russel Metals stock opened at $62.74 on Tuesday. Russel Metals has a 52-week low of $27.78 and a 52-week high of $66.95. The company has a 50-day simple moving average of $59.61 and a two-hundred day simple moving average of $45.69.
Wall Street Analysts Forecast Growth
A number of research firms have recently commented on RUSMF. Raymond James Financial cut shares of Russel Metals to a “market perform” rating in a report on Monday, August 10th. BMO Capital Markets restated a “market perform” rating on shares of Russel Metals in a report on Monday, October 19th. Scotiabank restated an “outperform” rating on shares of Russel Metals in a report on Monday, October 5th. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Russel Metals in a research report on Wednesday, September 30th. Three analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy”.
View Our Latest Analysis on Russel Metals
Russel Metals Company Profile
Russel Metals Inc is a Canadian metals distribution and processing company that supplies a broad range of steel and other metal products to industrial, construction, energy, manufacturing and other commercial customers. The company operates through service centers and specialized distribution businesses, providing both standard materials and value-added processing.
Its product offerings include carbon steel, stainless steel, aluminum, plate, flat-rolled products, structural steel, bar products, pipe and tubular goods.
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