What Are Analysts Talking About Olympic Steel (ZEUS)?

Insider Monkey
28 Jan

We recently published a list of 10 Stocks That Analysts Are Talking About. In this article, we are going to take a look at where Olympic Steel, Inc. (NASDAQ:ZEUS) stands against other stocks that analysts are talking about.

Like any other informed investor, we are always on the hunt for stocks that analysts are talking about. Analysts use their in-depth research expertise, industry knowledge, and industry connections to figure out how well companies are doing every quarter.

Once they stumble upon something that could change the course of that company’s stock, they come out with analyst updates. These are usually in the form of an upgrade or downgrade, or simply an update on a previously assigned rating.

For retail investors, going through these reports saves a lot of time. This is why we came up with 10 stocks that analysts are talking about this week. To come up with the list of 10 stocks that analysts are talking about, we considered companies that received an analyst upgrade or coverage in the last 5 days.

A series of large metal distribution warehouses, showcasing the company’s vast storage capabilities.

Olympic Steel, Inc. (NASDAQ:ZEUS)

Olympic Steel, Inc. (NASDAQ:ZEUS) is a leading processor and distributor of metal products that operates through tubular & pipe products, carbon flat products, and specialty metal flat products segments. KeyBanc upgraded the company from Sector Weight to Overweight with a target price of $42.

Olympic Steel, Inc. (NASDAQ:ZEUS) almost lost half its share worth in 2024 but so far this year, the stock is up 5%. Analysts believe that investors are set to benefit now as the company has become a profitable option through acquisitions and internal investments over the past few years. Analysts have raised 2025 EBITDA estimates and also believe that the recent acquisition of Metal Works will add $0.2 to $0.25 per year to the company’s earnings.

Overall, ZEUS ranks 5th on our list of stocks that analysts are talking about. While we acknowledge the potential of ZEUS as a leading AI investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. If you are looking for an AI stock that is as promising as ZEUS but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and Complete List of 59 AI Companies Under $2 Billion in Market Cap

Disclosure: None. This article is originally published at Insider Monkey.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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