Metallus (MTUS) to Release Earnings on Thursday

Metallus (NYSE:MTUS) is scheduled to release its earnings data after the market closes on Thursday, August 8th. Analysts expect Metallus to post earnings of $0.39 per share for the quarter. Individual interested in listening to the company’s earnings conference call can do so using this link.

Metallus (NYSE:MTUS) last issued its earnings results on Thursday, May 9th. The company reported $0.56 EPS for the quarter, beating analysts’ consensus estimates of $0.35 by $0.21. Metallus had a return on equity of 13.06% and a net margin of 5.81%. The firm had revenue of $321.60 million for the quarter, compared to analyst estimates of $319.80 million. During the same quarter in the prior year, the firm earned $0.44 earnings per share. Metallus’s revenue for the quarter was down .6% on a year-over-year basis. On average, analysts expect Metallus to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Metallus Stock Performance

Shares of NYSE MTUS opened at $19.11 on Wednesday. The company’s 50 day simple moving average is $21.30. The firm has a market cap of $838.16 million, a PE ratio of 11.38, a price-to-earnings-growth ratio of 0.76 and a beta of 1.43. Metallus has a 12 month low of $18.63 and a 12 month high of $24.31.

Insider Buying and Selling at Metallus

In related news, CEO Michael S. Williams sold 6,633 shares of Metallus stock in a transaction that occurred on Friday, May 10th. The stock was sold at an average price of $23.07, for a total transaction of $153,023.31. Following the completion of the transaction, the chief executive officer now directly owns 687,406 shares in the company, valued at $15,858,456.42. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. In related news, CEO Michael S. Williams sold 6,633 shares of the firm’s stock in a transaction on Friday, May 10th. The shares were sold at an average price of $23.07, for a total transaction of $153,023.31. Following the sale, the chief executive officer now owns 687,406 shares in the company, valued at $15,858,456.42. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, EVP Kevin A. Raketich sold 2,000 shares of the firm’s stock in a transaction dated Friday, May 10th. The shares were sold at an average price of $23.00, for a total value of $46,000.00. Following the sale, the executive vice president now owns 84,551 shares in the company, valued at $1,944,673. The disclosure for this sale can be found here. Over the last three months, insiders have sold 80,443 shares of company stock valued at $1,882,777. 3.70% of the stock is owned by insiders.

About Metallus

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.