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Stelco Holdings Inc T.STLC

Alternate Symbol(s):  STZHF

Stelco Holdings Inc. is a Canada-based integrated and independent steelmaker with advanced integrated steelmaking facilities in North America. The Company is engaged in the production and sale of steel products. It produces flat-rolled value-added steels, including coated, cold-rolled and hot-rolled steel products, as well as pig iron and metallurgical coke. With its gauge, crown, and shape control, as well as uniform through-coil mechanical properties, the Company’s steel products are supplied to customers in the construction, automotive, energy, appliance, and pipe and tube industries across Canada and the United States as well as to a variety of steel service centers, which are distributors of steel products. The Company operates from two facilities: Lake Erie Works (LEW) near Nanticoke, Ontario and Hamilton Works (HW) in Hamilton, Ontario.


TSX:STLC - Post by User

Comment by Stocker46on Feb 28, 2023 3:04pm
75 Views
Post# 35310547

RE:analysts

RE:analystsStill amazed at Stelco's share price. Up $3.45 today on no apparrent news.
Can only assume that investors are buying in to the recent analyst upgrades.

High end of the 1st Q Consensus Earnings is 92 cents per share. I assume they will have to blow that number away to stay anywhere close to the current share price ... then again, they just posted their worst quarter in the last 8 and missed the consensus earnings by over 40%, but you'd never know it by the SP.


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