Algoma Steel Group Inc. (ASTL)

Market Cap	819.82M
Revenue (ttm)	2.14B
Net Income (ttm)	42.71M
Shares Out	104.04M
EPS (ttm)	0.09
PE Ratio	89.71
Forward PE	8.01
Dividend	$0.20 (2.54%)
Ex-Dividend Date	Feb 28, 2024

Volume	430,082
Open	7.78
Previous Close	7.82
Day's Range	7.68 - 8.06
52-Week Range	6.35 - 10.25
Beta	1.52
Analysts	Strong Buy
Price Target	14.25 (+80.84%)
Earnings Date	Feb 6, 2024

About ASTL

Algoma Steel Group Inc. produces and sells steel products primarily in North America. The company provides flat/sheet steel products, including temper rolling, cold rolled, hot-rolled pickled and oiled products, floor plate, and cut-to-length products for the automotive industry, hollow structural product manufacturers, and the light manufacturing and transportation industries; and plate steel products that consist of rolled, hot-rolled, and heat-treated for use in the construction or manufacture of railcars, buildings, bridges, off-highway equ...

• Industry: Steel
• Sector: Materials
• Founded: 1902
• Employees: 2,847
• Stock Exchange: NASDAQ
• Ticker Symbol: ASTL

Financial Performance

In 2022, ASTL's revenue was 2.78 billion, a decrease of -27.00% compared to the previous year's 3.81 billion. Earnings were 298.50 million, a decrease of -65.20%.

Financial numbers in CAD

Analyst Forecast

According to one analyst, the rating for ASTL stock is "Strong Buy" and the 12-month stock price forecast is $14.25.

Price Target

$14.25

(80.84% upside)

Analyst Consensus: Strong Buy