Sims Near-term Earnings Being Eroded by Soft Scrap Prices -- Market Talk

Dow Jones

Sep 08, 2025

0334 GMT - The outlook for shares of metals recycler Sims is under pressure from soft scrap prices, according to Morgan Stanley analysts Joseph Michael and Julianna Sick. In a note, the analysts say Sims' valuation appears elevated given near-term earnings are being eroded by weak ferrous margins. MS's target on the stock drops to A$12.50/share from A$13.00. The bank reiterates an underweight rating. Longer term, MS reckons Sims will enjoy structural tail winds from greater use of electric arc furnaces and its focus on margins over volume, the analysts say. Sims is down 2.4% at A$13.61. (rhiannon.hoyle@wsj.com; @RhiannonHoyle)

(END) Dow Jones Newswires

September 07, 2025 23:34 ET (03:34 GMT)

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In a note, the analysts say Sims' valuation appears elevated given near-term earnings are being eroded by weak ferrous margins. MS's target on the stock drops to A$12.50/share from A$13.00. The bank reiterates an underweight rating. Longer term, MS reckons Sims will enjoy structural tail winds from greater use of electric arc furnaces and its focus on margins over volume, the analysts say. Sims is down 2.4% at A$13.61. (rhiannon.hoyle@wsj.com; @RhiannonHoyle) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  September 07, 2025 23:34 ET (03:34 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Sims Near-term Earnings Being Eroded by Soft Scrap Prices -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSims Near-term Earnings Being Eroded by Soft Scrap Prices -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-09-08 11:34</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0334 GMT - The outlook for shares of metals recycler Sims is under pressure from soft scrap prices, according to <a href=\"https://laohu8.com/S/MTK\">Morgan Stanley</a> analysts Joseph Michael and Julianna Sick. In a note, the analysts say Sims' valuation appears elevated given near-term earnings are being eroded by weak ferrous margins. MS's target on the stock drops to A$12.50/share from A$13.00. The bank reiterates an underweight rating. Longer term, MS reckons Sims will enjoy structural tail winds from greater use of electric arc furnaces and its focus on margins over volume, the analysts say. Sims is down 2.4% at A$13.61. (rhiannon.hoyle@wsj.com; @RhiannonHoyle) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  September 07, 2025 23:34 ET (03:34 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SMSMY","symbol_name":"Sims Ltd","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2565574416","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2565574416","pubTimestamp":1757302440,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0334 GMT - The outlook for shares of metals recycler Sims is under pressure from soft scrap prices, according to Morgan Stanley analysts Joseph Michael and Julianna Sick. In a note, the analysts say Sims' valuation appears elevated given near-term earnings are being eroded by weak ferrous margins. MS's target on the stock drops to A$12.50/share from A$13.00. The bank reiterates an underweight rating. Longer term, MS reckons Sims will enjoy structural tail winds from greater use of electric arc furnaces and its focus on margins over volume, the analysts say. Sims is down 2.4% at A$13.61. ","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"SMSMY":"Sims Ltd","SGM.AU":"SIMS LTD"},"translate_title":"Sims近期收益受到软废料价格的侵蚀——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SMSMY":0.9,"SGM.AU":0.9},"content_text":"0334 GMT - The outlook for shares of metals recycler Sims is under pressure from soft scrap prices, according to Morgan Stanley analysts Joseph Michael and Julianna Sick. In a note, the analysts say Sims' valuation appears elevated given near-term earnings are being eroded by weak ferrous margins. MS's target on the stock drops to A$12.50/share from A$13.00. The bank reiterates an underweight rating. Longer term, MS reckons Sims will enjoy structural tail winds from greater use of electric arc furnaces and its focus on margins over volume, the analysts say. Sims is down 2.4% at A$13.61. (rhiannon.hoyle@wsj.com; @RhiannonHoyle) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  September 07, 2025 23:34 ET (03:34 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"dataReport","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}