Schnitzer Stock Today

Schnitzer Steel is selling for 40.32 as of the 28th of September 2021. This is a 1.10 percent up since the beginning of the trading day. The stock's open price was 39.88. Equity ratings for Schnitzer Steel A are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 9th of October 2019 and ending today, the 28th of September 2021. Click here to learn more.
Valuation Options
Report 28th of October 2021

Schnitzer Steel Stock Profile

The upcoming quarterly report is expected on the 28th of October 2021. Schnitzer Steel Industries, Inc. recycles ferrous and nonferrous scrap metals and manufactures finished steel products worldwide. Schnitzer Steel Industries, Inc. was founded in 1906 and is headquartered in Portland, Oregon. Schnitzer Steel operates under Steel classification in the United States and is traded on NASDAQ Exchange. It employs 3032 people. more on Schnitzer Steel
Schnitzer Steel A is not yet fully synchronised with the market data
Schnitzer Steel A generates negative expected return over the last 90 days
Over 88.0% of the company shares are owned by institutional investors
Latest headline from www.equities.com: Schnitzer Steel Industries, falls 4.32 percent on Moderate Volume September 14 - Equities.com
Legal NameSchnitzer Steel A
CEO and President and DirectorTamara Lundgren  (View All)
Average Analyst Recommendation
Analysts covering Schnitzer Steel report their recommendations after researching Schnitzer Steel's financial statements, talking to executives and customers, or listening in on Schnitzer Steel's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Schnitzer Steel A. The Schnitzer consensus assessment is calculated by taking the average forecast from all of the analysts covering Schnitzer Steel.
Piotroski F Score
Piotroski F-Score is a popular financial indicator that puts together nine criteria to evaluate the financial strength of Schnitzer Steel A based on its profitability, leverage, liquidity, source of funds, and operating efficiency. it is an academic score (developed by Joseph Piotroski in 2002) to determine the current strength of Schnitzer Steel A financial position. Scores of 8 and 9 are usually classified as strong value stocks, whereas scores of 2 or below are considered weak value stocks.
 6 - HealthyDetails
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares24.6 M24.9 M
Fairly Down
Decreasing
Slightly volatile
Weighted Average Shares Diluted24.8 M24.9 M
Slightly Down
Decreasing
Slightly volatile
Net Cash Flow from Operations113.7 M112.1 M
Fairly Up
Decreasing
Very volatile
Total Assets1.5 B1.4 B
Sufficiently Up
Decreasing
Stable
Total Liabilities636.8 M636.2 M
Slightly Up
Increasing
Stable
Current Assets472.1 M417 M
Moderately Up
Decreasing
Stable
Current Liabilities186 M201.3 M
Significantly Down
Increasing
Slightly volatile
Total Debt165.7 M173.3 M
Sufficiently Down
Decreasing
Slightly volatile
Return on Average Assets(0.32)(0.31)
Sufficiently Down
Increasing
Stable
Gross Margin10.4710.96
Sufficiently Down
Increasing
Slightly volatile
Asset Turnover1.911.64
Fairly Up
Increasing
Very volatile
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Schnitzer Steel's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Not RatedUndervalued
Financial Strength
Schnitzer Steel's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Schnitzer Steel's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Schnitzer Steel's financial leverage. It provides some insight into what part of Schnitzer Steel's total assets is financed by creditors.
Share Download
Share Download
By using current balance sheet information, investors can analyze the liability, assets, and equity on Schnitzer Steel's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Schnitzer Steel deploys its capital and how much of that capital is borrowed.
Liquidity
Schnitzer Steel cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company currently holds 290.25 M in liabilities with Debt to Equity (D/E) ratio of 0.36, which is about average as compared to similar companies. Schnitzer Steel A has a current ratio of 1.93, which is within standard range for the sector.

Operating Cash Flow

113.7 MillionShare
Schnitzer Steel A (SCHN) is traded on NASDAQ Exchange in USA and employs 3,032 people. The company currently falls under 'Mid-Cap' category with current market capitalization of 1.11 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Schnitzer Steel's market, we take the total number of its shares issued and multiply it by Schnitzer Steel's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities. Schnitzer Steel A conducts business under Basic Materials sector and is part of Steel industry. The entity has 27.26 M outstanding shares of which 652.68 K shares are at this time shorted by private and institutional investors with about 1.66 trading days to cover. Schnitzer Steel A currently holds about 17.93 M in cash with 119.36 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.65.
Check Schnitzer Steel Probability Of Bankruptcy

Schnitzer Stock Price Odds Analysis

What are Schnitzer Steel's target price odds to finish over the current price? Proceeding from a normal probability distribution, the odds of Schnitzer Steel jumping above the current price in 90 days from now is close to 99%. The Schnitzer Steel A probability density function shows the probability of Schnitzer Steel stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Schnitzer Steel A has a beta of -0.1467. This usually implies as returns on benchmark increase, returns on holding Schnitzer Steel are expected to decrease at a much lower rate. During the bear market, however, Schnitzer Steel A is likely to outperform the market. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Schnitzer Steel A is significantly underperforming DOW.
 Odds Down 40.32HorizonTargetOdds Up 40.32 
0.78%90 days
 40.32 
99.21%
Based on a normal probability distribution, the odds of Schnitzer Steel to move above the current price in 90 days from now is close to 99 (This Schnitzer Steel A probability density function shows the probability of Schnitzer Stock to fall within a particular range of prices over 90 days) .

Schnitzer Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Schnitzer Steel that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Schnitzer Steel's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Schnitzer Steel's value.
InstituionSecurity TypeTotal SharesValue
Blackrock IncCommon Shares3.5 M170.4 M
Vanguard Group IncCommon Shares2.6 M127 M
View Schnitzer Steel Diagnostics

Schnitzer Steel Historical Income Statement

Schnitzer Steel A Income Statement is one of the three primary financial statements used for reporting Schnitzer's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Schnitzer Steel A revenue and expense. Schnitzer Steel Income Statement primarily focuses on the company's revenues and expenses during a particular period.
Schnitzer Steel Operating Income is quite stable at the moment as compared to the past year. The company's current value of Operating Income is estimated at 9 Million. Revenues is expected to rise to about 2.4 B this year, although the value of Consolidated Income will most likely fall to (20.8 M). View More Fundamentals

Schnitzer Stock Against Markets

Picking the right benchmark for Schnitzer Steel stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Schnitzer Steel stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Schnitzer Steel is critical whether you are bullish or bearish towards Schnitzer Steel A at a given time.

View Currently Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Schnitzer Steel stock to make a market-neutral strategy. Peer analysis of Schnitzer Steel could also be used in its relative valuation, which is a method of valuing Schnitzer Steel by comparing valuation metrics with similar companies.

Schnitzer Steel Corporate Directors

Schnitzer Steel corporate directors refer to members of a Schnitzer Steel board of directors. The board of directors generally takes responsibility for the Schnitzer Steel's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Schnitzer Steel's board members must vote for the resolution. The Schnitzer Steel board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Kenneth Novack - DirectorProfile
David Anderson - Independent DirectorProfile
Wayland Hicks - Independent DirectorProfile
William Furman - Independent DirectorProfile
Additionally, take a look at World Market Map. Note that the Schnitzer Steel A information on this page should be used as a complementary analysis to other Schnitzer Steel's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.

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When running Schnitzer Steel A price analysis, check to measure Schnitzer Steel's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Schnitzer Steel is operating at the current time. Most of Schnitzer Steel's value examination focuses on studying past and present price action to predict the probability of Schnitzer Steel's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Schnitzer Steel's price. Additionally, you may evaluate how the addition of Schnitzer Steel to your portfolios can decrease your overall portfolio volatility.
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The market value of Schnitzer Steel A is measured differently than its book value, which is the value of Schnitzer that is recorded on the company's balance sheet. Investors also form their own opinion of Schnitzer Steel's value that differs from its market value or its book value, called intrinsic value, which is Schnitzer Steel's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Schnitzer Steel's market value can be influenced by many factors that don't directly affect Schnitzer Steel A underlying business (such as pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Schnitzer Steel's value and its price as these two are different measures arrived at by different means. Investors typically determine Schnitzer Steel value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Schnitzer Steel's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.