Russel Metals (RUS) Scheduled to Post Quarterly Earnings on Wednesday

Russel Metals (TSE:RUS) is set to post its quarterly earnings results after the market closes on Wednesday, February 14th.

Russel Metals (TSE:RUS) last issued its earnings results on Wednesday, November 8th. The company reported C$0.55 earnings per share for the quarter. Russel Metals had a net margin of 3.96% and a return on equity of 16.49%. The business had revenue of C$850.90 million for the quarter.

Shares of Russel Metals (TSE:RUS) opened at C$30.47 on Wednesday. Russel Metals has a 12-month low of C$23.67 and a 12-month high of C$31.71. The firm has a market cap of $1,860.00, a PE ratio of 15.95 and a beta of 0.72.

Several analysts have recently weighed in on the stock. TD Securities lifted their target price on shares of Russel Metals from C$34.00 to C$36.00 and gave the company a “buy” rating in a research report on Monday, January 22nd. Raymond James Financial lifted their target price on shares of Russel Metals from C$31.00 to C$32.00 and gave the company an “outperform” rating in a research report on Wednesday, November 22nd. Finally, Scotiabank reiterated an “outperform” rating and set a C$32.00 target price on shares of Russel Metals in a research report on Thursday, November 9th.

In other news, insider Marion Eleanor Britton sold 5,000 shares of Russel Metals stock in a transaction dated Thursday, November 30th. The shares were sold at an average price of C$28.70, for a total transaction of C$143,500.00. Also, insider Brian Robie Hedges sold 2,000 shares of Russel Metals stock in a transaction dated Wednesday, December 6th. The shares were sold at an average price of C$29.45, for a total transaction of C$58,900.00. Over the last quarter, insiders have sold 12,400 shares of company stock worth $361,280.

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About Russel Metals

Russel Metals Inc is a metals distribution and processing company. The Company primarily distributes steel products. The Company operates through three segments: metals service centers, energy products and steel distributors. The Company provides processing and distribution services to a base of approximately 43,000 end users through a network of 50 locations in Canada and 14 locations in the United States.

Earnings History for Russel Metals (TSE:RUS)

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