How to Buy Olympic Steel Stock

Olympic Steel Inc

Olympic Steel, Inc. processes, distributes, and storage metal products in the United States and internationally.

Olympic Steel stock last closed at $33.72, up 0.15% from the previous day, and has decreased 46.75% in one year. It has underperformed other stocks in the Steel industry by 0.36 percentage points. Olympic Steel stock is currently +11.32% from its 52-week low of $30.29, and -54.12% from its 52-week high of $73.49.

As of Jan 17, 2025, there are 11.13M shares of ZEUS outstanding. The market cap of ZEUS is $375.39M. In the past 24 hours, 53,166 ZEUS shares were traded.

How to Buy Olympic Steel Stock

Wondering how to invest in Olympic Steel stock? Here's how.

  1. Figure out where to buy Olympic Steel stock: You need to pick an online brokerage, but don't worry - we've tried dozens of online stock brokerages and apps to help you determine where to buy Olympic Steel stock.
  2. Create your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
  3. Put funds into your investment account: Choose your method of payment and add your details.
  4. Research Olympic Steel stock: The Olympic Steel ticker symbol is ZEUS. Is Olympic Steel stock a good investment? Should you buy shares of ZEUS? How do ZEUS's underlying business fundamentals look? Do top analysts think Olympic Steel is a good buy? Why has ZEUS's stock price moved recently? (Hint: Our stock analysis website can help you decide if ZEUS is a good stock to buy).
  5. Place your ZEUS trade: Decide if you will purchase ZEUS shares at the current market price or use a limit order to buy ZEUS shares at a particular price.
  6. Get the latest news on your ZEUS position: Create a watchlist to keep track of your position in Olympic Steel shares.

Step 1: Figure out where to buy Olympic Steel stock

You will need an online brokerage account to access the NASDAQ market and buy ZEUS stock.

A brokerage account is an investment account that allows you to buy and sell a number of financial instruments, including stocks, bonds, mutual funds, and ETFs.

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Step 2: Create your brokerage account

Now that you've chosen your brokerage, it's time to fill out some personal details so you can buy ZEUS today.

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Step 3: Put funds into your investment account

Now that you have finished signing up on the best stock buying app, you need to deposit funds:

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Step 4: Research Olympic Steel stock

After you have identified the best place to buy Olympic Steel stock, it's very important to research their stock prior to investing, so you actually understand the risk and upside.

Olympic Steel quick stats

ZEUS Price
$33.72
1w %
9.48%
1y %
-46.75%
5y %
110.36%
P/E
14.79x
P/B
0.66x
P/S
0.2x
PEG
0.4x
Revenue
$2.01B
Earnings
$26.50M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$375.39M
Next Earnings
Feb 20, 2025
Next Dividend
N/A

Olympic Steel Fundamentals

WallStreetZen was built to help average investors do better fundamental analysis.

You can view all of the due diligence checks on ZEUS's stock page.

Is ZEUS stock overvalued?

You can use a variety of different financial metrics, analyses, models, and charts to gauge ZEUS's fair value.

Using relative valuations methods:

  • ZEUS could be overvalued based on its P/E ratio of 14.79x, relative to Steel industry P/E ratio of 14.08x
  • ZEUS could be undervalued based on its P/B ratio of 0.66x, relative to Steel industry P/B ratio of 0.77x
  • ZEUS could be undervalued based on its PEG ratio of 0.4x

You can do more valuation analysis on ZEUS's stock here.

ZEUS Financial Health

Positive Financial Indicators:

  • ZEUS's operating cash flow of $73.27M allows it to safely service it's debt of $233.74M.
  • There are more short-term assets than long-term liabilities on the ZEUS balance sheet.
  • There are more short-term assets than short-term liabilities on the ZEUS balance sheet.
  • Total ZEUS debt is lower than 5 years ago, relative to shareholder equity.

Negative Financial Indicators:

  • ZEUS profit margin has gone down from 1.9% to 1.3% in the past year.
  • ZEUS has a relatively high debt to equity ratio of 0.77.
  • ZEUS earnings of $52.07M is not enough to cover its interest payments.

You can dive deeper into what analysts are forecasting on the Olympic Steel stock forecast page.

Metrics for Advanced ZEUS Traders

SMA10
32.48
SMA20
32.99
SMA50
37.77
SMA100
37.99
SMA200
44.95
MACD
-1.37
MACD Signal
-1.78
MACD Histogram
0.41
RSI
44.53
Stochastic %K
87.63
Stochastic %D
80.11
StochRSI %K
99.68
StochRSI %D
99.79

ZEUS Growth Metrics

Last year, ZEUS earnings were $26.50M. During the past 5 year, ZEUS's earnings have grown by 51.05% per year. This was faster than the Steel industry average of 4.73%.

Last year, ZEUS revenue was $2.01B. In the past five year, ZEUS's revenue has gone up by 3.57% per year. This was slower than the Steel industry average of 5.78%.

You can research ZEUS's earnings and revenue performance here.

Are ZEUS insiders buying or selling the stock?

Over the last 12 months, insiders at ZEUS have sold more shares than they have bought.

Andrew S. Greiff, President and COO of ZEUS, was the latest ZEUS insider to sell. They sold $94,149.12 worth of ZEUS stock on Jan 3, 2025.

Get more info about who owns ZEUS stock here.

Can I rely on ZEUS as an income stream?

Olympic Steel pays a dividend of 1.78%, compared to the Steel industry's average dividend yield of 3.25%. If you owned $1,000 of ZEUS stock, you would have been paid $17.79 in the past year.

Olympic Steel dividend payments have consistently grown over the past decade and have remained stable.

Get more analysis about Olympic Steel dividend yield and history here.

What others are saying about ZEUS

One of the biggest reasons eToro is our favorite brokerage is because of its social trading community.

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Step 5: Place your ZEUS trade

There are two main options:

  • Market order: A market order is an order to buy or sell a stock at the best possible price.
    Market orders are mostly fine for most investors.
  • Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
    If you want to ensure you're buying or selling at an exact dollar amount limit, use a limit order.

Hit the Open Trade button and your broker will place the order.

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Step 6: Get the latest news on your ZEUS position

Now that you own some shares in ZEUS, you'll want to keep up with your new stock purchase.

Start a watchlist to get alerted to the latest events about your ZEUS stock.

ZEUS Feed

How to Buy Stock in Olympic Steel

To reiterate, here are the 6 steps to buy Olympic Steel stock:

  1. Figure out where to buy Olympic Steel stock
  2. Create your brokerage account
  3. Put funds into your investment account
  4. Research Olympic Steel stock
  5. Place your ZEUS trade
  6. Get the latest news on your ZEUS position

If you are looking for a online brokerage, eToro is our favorite venue.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to monitor your investment in Olympic Steel, click the button below.

NASDAQ: ZEUS
$33.72+0.05 (+0.15%)
Updated Jan 17, 2025
Open eToro Account
Your capital is at risk.
NASDAQ: ZEUS
$33.72+0.05 (+0.15%)
Updated Jan 17, 2025
Open eToro Account
Your capital is at risk.

FAQ

How much does it cost to buy one Olympic Steel share?

As of Jan 17, 2025, it costs $33.72 to buy one share of Olympic Steel stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.297 shares of ZEUS.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

What is the best way to buy Olympic Steel stock?

One way to place an order for Olympic Steel stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.