Sidoti Has Negative Forecast for Metallus Q3 Earnings

Metallus Inc. (NYSE:MTUS) – Investment analysts at Sidoti cut their Q3 2026 EPS estimates for Metallus in a research report issued on Wednesday, August 5th. Sidoti analyst J. Franzreb now forecasts that the company will post earnings of $0.29 per share for the quarter, down from their prior estimate of $0.31. The consensus estimate for Metallus’ current full-year earnings is $0.84 per share. Sidoti also issued estimates for Metallus’ Q4 2026 earnings at $0.13 EPS, FY2026 earnings at $0.85 EPS, Q2 2027 earnings at $0.43 EPS, Q3 2027 earnings at $0.46 EPS, Q4 2027 earnings at $0.30 EPS and FY2027 earnings at $1.49 EPS.

Metallus (NYSE:MTUS) last announced its earnings results on Monday, August 3rd. The company reported $0.26 earnings per share for the quarter, topping the consensus estimate of $0.24 by $0.02. Metallus had a net margin of 0.66% and a return on equity of 3.35%. The business had revenue of $261.40 million during the quarter, compared to the consensus estimate of $330.85 million.

MTUS has been the topic of a number of other research reports. KeyCorp reissued a “sector weight” rating on shares of Metallus in a report on Wednesday. Zacks Research raised Metallus from a “strong sell” rating to a “hold” rating in a report on Monday, April 27th. Finally, Weiss Ratings raised shares of Metallus from a “hold (c-)” rating to a “hold (c)” rating in a research note on Monday, June 8th. Three equities research analysts have rated the stock with a Hold rating, According to MarketBeat, the stock currently has an average rating of “Hold”.

Metallus Stock Up 0.3%

MTUS opened at $21.62 on Thursday. Metallus has a 52 week low of $14.19 and a 52 week high of $22.58. The business has a 50 day moving average price of $19.69 and a two-hundred day moving average price of $18.74. The company has a market cap of $900.08 million, a PE ratio of 113.81, a P/E/G ratio of 1.70 and a beta of 1.36.

Institutional Investors Weigh In On Metallus

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Northwestern Mutual Wealth Management Co. purchased a new position in Metallus during the third quarter worth $33,000. iSAM Funds UK Ltd acquired a new stake in Metallus in the 3rd quarter worth about $53,000. GAMMA Investing LLC lifted its position in Metallus by 29.4% during the 2nd quarter. GAMMA Investing LLC now owns 4,335 shares of the company’s stock worth $81,000 after acquiring an additional 986 shares in the last quarter. Quantbot Technologies LP purchased a new position in Metallus in the 2nd quarter worth approximately $110,000. Finally, Strs Ohio purchased a new position in Metallus in the 1st quarter worth approximately $142,000. Hedge funds and other institutional investors own 77.58% of the company’s stock.

About Metallus

Metallus, Inc (NYSE:MTUS) is an industrial metals recycling and distribution company that acquires, processes and markets a wide array of ferrous and non-ferrous materials. Its product portfolio includes stainless steel, nickel alloys, aluminum and other specialty metals sourced from manufacturing scrap, obsolete products and post-consumer waste streams. Metallus provides services such as shredding, sorting, melting and baling, enabling its customers to optimize metal recovery and streamline supply chains.

Headquartered in Philadelphia, Pennsylvania, the company operates processing facilities and distribution centers across the United States, facilitating efficient logistics and regional collection of metal grades.