Metallus (MTUS) Scheduled to Post Quarterly Earnings on Thursday

Metallus (NYSE:MTUS) is scheduled to be releasing 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. Parties that wish to listen to the company’s conference call can do so using this link.

Metallus (NYSE:MTUS) last announced its quarterly earnings results on Thursday, May 9th. The company reported $0.56 earnings per share for the quarter, beating analysts’ consensus estimates of $0.35 by $0.21. Metallus had a net margin of 5.81% and a return on equity of 13.06%. 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 previous year, the firm posted $0.44 earnings per share. The business’s revenue 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 Price Performance

Shares of MTUS stock opened at $19.11 on Wednesday. Metallus has a 12-month low of $18.63 and a 12-month high of $24.31. The stock’s fifty day moving average is $21.30. The company has a market capitalization of $838.16 million, a P/E ratio of 11.38, a price-to-earnings-growth ratio of 0.76 and a beta of 1.43.

Insiders Place Their Bets

In other news, CEO Michael S. Williams sold 28,907 shares of the business’s stock in a transaction dated Monday, May 20th. The stock was sold at an average price of $24.09, for a total value of $696,369.63. Following the sale, the chief executive officer now directly owns 636,225 shares in the company, valued at $15,326,660.25. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. In other news, CEO Michael S. Williams sold 28,907 shares of the firm’s stock in a transaction that occurred on Monday, May 20th. The shares were sold at an average price of $24.09, for a total transaction of $696,369.63. Following the completion of the transaction, the chief executive officer now directly owns 636,225 shares of the company’s stock, valued at approximately $15,326,660.25. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Kristopher R. Westbrooks sold 16,247 shares of Metallus stock in a transaction that occurred on Tuesday, July 16th. The shares were sold at an average price of $23.03, for a total transaction of $374,168.41. Following the completion of the sale, the chief financial officer now owns 169,642 shares in the company, valued at $3,906,855.26. The disclosure for this sale can be found here. In the last 90 days, insiders sold 80,443 shares of company stock worth $1,882,777. Corporate insiders own 3.70% of the company’s stock.

Metallus Company Profile

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.