Russel Metals Inc. (TSE:RUS - Get Free Report) insider Martin Leb Juravsky sold 5,682 shares of the business's stock in a transaction that occurred on Friday, August 14th. The stock was sold at an average price of C$80.40, for a total value of C$456,832.80. Following the sale, the insider owned 6,674 shares of the company's stock, valued at approximately C$536,589.60. This represents a 45.99% decrease in their position.
Martin Leb Juravsky also recently made the following trade(s):
- On Wednesday, June 3rd, Martin Leb Juravsky sold 3,400 shares of Russel Metals stock. The shares were sold at an average price of C$62.87, for a total value of C$213,758.00.
- On Wednesday, June 3rd, Martin Leb Juravsky sold 1,600 shares of Russel Metals stock. The stock was sold at an average price of C$62.87, for a total value of C$100,592.00.
- On Thursday, June 4th, Martin Leb Juravsky sold 5,000 shares of Russel Metals stock. The stock was sold at an average price of C$63.28, for a total value of C$316,400.00.
Russel Metals Stock Performance
TSE:RUS opened at C$80.03 on Tuesday. The stock has a 50 day simple moving average of C$67.02 and a 200 day simple moving average of C$57.05. The stock has a market cap of C$4.39 billion, a P/E ratio of 20.42, a PEG ratio of 0.59 and a beta of 1.21. Russel Metals Inc. has a 1-year low of C$39.09 and a 1-year high of C$83.12. The company has a current ratio of 2.61, a quick ratio of 1.44 and a debt-to-equity ratio of 27.88.
Russel Metals (TSE:RUS - Get Free Report) last issued its quarterly earnings data on Thursday, August 6th. The company reported C$1.63 EPS for the quarter. Russel Metals had a return on equity of 13.09% and a net margin of 4.04%.The firm had revenue of C$1.66 billion for the quarter.
Russel Metals Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Tuesday, September 15th will be given a $0.44 dividend. This represents a $1.76 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date of this dividend is Friday, August 28th. Russel Metals's payout ratio is presently 44.13%.
Analyst Ratings Changes
A number of equities analysts recently commented on RUS shares. Stifel Nicolaus raised their price target on shares of Russel Metals from C$64.00 to C$85.00 and gave the stock a "hold" rating in a research report on Monday, August 10th. Scotia increased their target price on shares of Russel Metals from C$54.00 to C$62.00 and gave the stock a "sector outperform" rating in a research report on Thursday, May 7th. National Bank Financial raised their target price on shares of Russel Metals from C$57.00 to C$75.00 and gave the stock a "sector perform" rating in a report on Monday, August 10th. TD lifted their price target on shares of Russel Metals from C$68.00 to C$94.00 and gave the company a "buy" rating in a research report on Tuesday, August 11th. Finally, BMO Capital Markets boosted their price target on Russel Metals from C$51.00 to C$56.00 in a research note on Wednesday, May 6th. Five research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, Russel Metals has an average rating of "Moderate Buy" and an average target price of C$76.89.
Read Our Latest Report on RUS
Russel Metals Company Profile
(
Get Free Report)
Russel Metals is one of the largest metals distribution companies in North America with a growing focus on value-added processing. It carries on business in three segments: metals service centers, energy field stores and steel distributors. Its network of metals service centers carries an extensive line of metal products in a wide range of sizes, shapes and specifications, including carbon hot rolled and cold finished steel, pipe and tubular products, stainless steel, aluminum and other non-ferrous specialty metals.
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