SCHN Stock Fair Value – US Bancorp DE Cashes Out of Schnitzer Steel Industries, with 632 Shares Sold.
February 4, 2023
Trending News ☀️
SCHN Stock Fair Value – Schnitzer Steel Industries ($NASDAQ:SCHN), Inc. has recently seen US Bancorp DE cash out of 632 of its shares. The company collects, processes, recycles and sells ferrous and nonferrous scrap metal. The company’s operations range from full-service recycling centers to scrap metal processing yards. It also operates a used auto parts business and manufactures finished steel products. The company also has an automotive parts business through its Auto Parts Plus subsidiary.
It is also one of the oldest publicly traded recycling companies in the US. The company provides metal recycling services to the automotive, construction, manufacturing and consumer products industries. It also provides metal recycling services to local and regional governments, as well as to commercial and industrial customers. The company’s financial performance has been strong in recent years, with its stock price increasing steadily over time. Despite this strong performance, US Bancorp DE has recently sold 632 of its shares in Schnitzer Steel Industries, Inc. It remains to be seen what effect, if any, this sale will have on the company’s stock price in the future.
Stock Price
The media coverage surrounding the event has been largely positive as Schnitzer Steel Industries’ stock opened on Thursday at $34.3 and closed at $34.0, down by 0.1% from prior closing price of 34.1. It is one of the largest manufacturers and recyclers of scrap metal in the United States and is headquartered in Portland, Oregon. It also operates several plants across the United States, as well as in Canada, Mexico, and the Caribbean region. The company’s recycling segment is responsible for collecting and processing ferrous and non-ferrous scrap metal into finished products. This segment also sells recycled metals to steel mills and foundries, as well as brokers and industrial consumers.
The company’s auto parts business produces aftermarket automobile parts such as shock absorbers, brakes, and exhaust systems for automotive manufacturers. Schnitzer Steel Industries has a strong commitment to safety and environmental compliance, and its recycling plants are certified under the rigorous Responsible Recycling (R2) standard. The company is also committed to diversifying its customer base and expanding its market presence to reduce risk and increase profitability. Given its solid commitment to safety, environmental compliance, and diversification, US Bancorp DE’s decision to cash out of Schnitzer Steel Industries, Inc. was likely made with careful consideration and is seen as a sound investment decision. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for SCHN. More…
| Total Revenues | Net Income | Net Margin |
| 3.29k | 104.81 | 3.3% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for SCHN. More…
| Operations | Investing | Financing |
| 209.79 | -245.33 | 20.1 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for SCHN. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 1.82k | 894.12 | 33.79 |
Key Ratios Snapshot
Some of the financial key ratios for SCHN are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 18.5% | 40.1% | 4.4% |
| FCF Margin | ROE | ROA |
| 1.6% | 9.7% | 5.0% |
Analysis – SCHN Stock Fair Value
SCHNITZER STEEL INDUSTRIES is an investment option that many investors are considering. GoodWhale, an analysis tool that helps investors to analyze the fundamentals of a company, can be used to evaluate SCHNITZER STEEL INDUSTRIES. GoodWhale’s proprietary Valuation Line has calculated SCHNITZER STEEL INDUSTRIES’ intrinsic value to be around $43.1. Currently, SCHNITZER STEEL INDUSTRIES stock is trading at $34.0, which means that it is undervalued by 21.0%. In order to make a well-informed decision about SCHNITZER STEEL INDUSTRIES, investors should consider examining the company’s financials and performance metrics such as earnings growth, return on equity, price-to-earnings ratio, and more. Additionally, investors should evaluate the company’s competitive position and its prospects for the future. Investors should also consider the company’s dividend policy and other factors such as management quality and corporate governance. With GoodWhale’s analysis tools, investors can gain valuable insight into these and other critical aspects of SCHNITZER STEEL INDUSTRIES. With this knowledge, investors can make an informed decision about investing in SCHNITZER STEEL INDUSTRIES. More…
Peers
Schnitzer Steel Industries Inc is one of the largest steel producers in the world. Its competitors include Daido Steel Co Ltd, FENG HSIN STEEL CO LTD, and Bengang Steel Plates Co Ltd.
– Daido Steel Co Ltd ($TSE:5471)
Daido Steel Co Ltd is a Japanese steel manufacturer with a market cap of 154.52B as of 2022. The company has a Return on Equity of 7.71%. Daido Steel Co Ltd produces a wide range of steel products, including stainless steel, carbon steel, and alloy steel. The company also manufactures and sells steel products for use in construction, shipbuilding, automotive, and other industries.
– FENG HSIN STEEL CO LTD ($TWSE:2015)
FENG HSIN STEEL CO LTD is a steel manufacturer based in Taiwan. The company has a market capitalization of 34.08 billion as of 2022 and a return on equity of 15.9%. Feng Hsin Steel Co Ltd produces a variety of steel products including hot rolled coils, cold rolled coils, and hot dip galvanized coils. The company also produces steel pipes and tubes, wire rods, and other steel products. Feng Hsin Steel Co Ltd has a production capacity of 2.8 million tons of steel products per year.
– Bengang Steel Plates Co Ltd ($SZSE:000761)
Bengang Steel Plates Co Ltd is a leading steel producer in China with a market cap of 12.33B as of 2022. The company has a Return on Equity of 5.86%. Bengang Steel Plates Co Ltd produces a variety of steel products including plates, coils, sheets, and pipes. The company is vertically integrated and has a diversified customer base.
Summary
Investors have been paying close attention to Schnitzer Steel Industries, Inc. (SCHN) over the past few months, as US Bancorp DE recently cashed out of the company with 632 shares sold. Despite the recent selloff, media coverage of SCHN has been largely positive, with investors encouraged by the company’s strong financial performance and outlook. Analysts have praised its focus on cost-cutting and operational efficiency, while noting its potential for revenue growth through increasing its customer base. Additionally, SCHN has seen a steady increase in its stock price over the past year, suggesting that investors consider it a good long-term investment.
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