Russel Metals Stock Target Price
| RUS Stock | CAD 49.39 0.07 0.14% |
As of the 9th of February, Russel Metals holds the Risk Adjusted Performance of 0.178, semi deviation of 1.1, and Coefficient Of Variation of 462.14. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Russel Metals, as well as the relationship between them.
Russel Metals Total Revenue |
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Gross Profit | Profit Margin | Market Capitalization | Enterprise Value Revenue 0.6556 | Revenue |
Russel | Target Price |
Russel Target Price Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Russel Metals' direct or indirect competition against its Target Price to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Russel Metals could also be used in its relative valuation, which is a method of valuing Russel Metals by comparing valuation metrics of similar companies.Russel Metals is currently under evaluation in target price category among its peers.
Russel Metals Current Valuation Drivers
We derive many important indicators used in calculating different scores of Russel Metals from analyzing Russel Metals' financial statements. These drivers represent accounts that assess Russel Metals' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Russel Metals' important valuation drivers and their relationship over time.
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 (projected) | ||
| Market Cap | 2.1B | 1.8B | 2.8B | 2.5B | 2.2B | 2.3B | |
| Enterprise Value | 2.4B | 1.9B | 2.6B | 2.6B | 2.4B | 1.2B |
Russel Fundamentals
| Return On Equity | 0.1 | ||||
| Return On Asset | 0.0584 | ||||
| Profit Margin | 0.04 % | ||||
| Operating Margin | 0.04 % | ||||
| Current Valuation | 3.01 B | ||||
| Shares Outstanding | 55.66 M | ||||
| Shares Owned By Insiders | 0.88 % | ||||
| Shares Owned By Institutions | 28.52 % | ||||
| Number Of Shares Shorted | 961.02 K | ||||
| Price To Earning | 46.36 X | ||||
| Price To Book | 1.69 X | ||||
| Price To Sales | 0.60 X | ||||
| Revenue | 4.26 B | ||||
| Gross Profit | 964.2 M | ||||
| EBITDA | 315.5 M | ||||
| Net Income | 161 M | ||||
| Cash And Equivalents | 5.9 M | ||||
| Cash Per Share | 1.95 X | ||||
| Total Debt | 196.8 M | ||||
| Debt To Equity | 0.60 % | ||||
| Current Ratio | 4.34 X | ||||
| Book Value Per Share | 29.20 X | ||||
| Cash Flow From Operations | 343.9 M | ||||
| Short Ratio | 5.38 X | ||||
| Earnings Per Share | 2.92 X | ||||
| Price To Earnings To Growth | (0.83) X | ||||
| Target Price | 52.64 | ||||
| Number Of Employees | 3.97 K | ||||
| Beta | 1.21 | ||||
| Market Capitalization | 2.75 B | ||||
| Total Asset | 2.35 B | ||||
| Retained Earnings | 918.7 M | ||||
| Working Capital | 1.02 B | ||||
| Current Asset | 1.22 B | ||||
| Current Liabilities | 398.2 M | ||||
| Annual Yield | 0.03 % | ||||
| Five Year Return | 6.87 % | ||||
| Net Asset | 2.35 B | ||||
| Last Dividend Paid | 1.7 |
About Russel Metals Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Russel Metals's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Russel Metals using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Russel Metals based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Russel Metals
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Russel Metals position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Russel Metals will appreciate offsetting losses from the drop in the long position's value.Moving together with Russel Stock
Moving against Russel Stock
| 0.8 | MSFT | Microsoft Corp CDR | PairCorr |
| 0.8 | MSFT | Microsoft CDR | PairCorr |
| 0.65 | BRK | Berkshire Hathaway CDR | PairCorr |
| 0.65 | BRK | Berkshire Hathaway CDR | PairCorr |
The ability to find closely correlated positions to Russel Metals could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Russel Metals when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Russel Metals - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Russel Metals to buy it.
The correlation of Russel Metals is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Russel Metals moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Russel Metals moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Russel Metals can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Russel Stock
Russel Metals financial ratios help investors to determine whether Russel Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Russel with respect to the benefits of owning Russel Metals security.