TSE:ASTL

Algoma Steel Group Inc (ASTL.TO)

5.30
+0.15 (2.91%)
as of Jul 15, 2026, 6:44:28 pm Market Open.
88 watching
0
Investor Insights
star iconJul 15, 2026, 12:00 am

This summary was created by AI, based on 4 opinions in the last 12 months.

The reviews for Algoma Steel Group Inc (ASTL-T) reflect a nuanced outlook from various experts. The stock is highlighted as a speculative choice within a sector that recently showed promise, especially as related ETFs have reached all-time highs. However, concerns about cash burn and a somewhat miserable business outlook temper enthusiasm. Analysts note the importance of considering the stock's performance relative to its sector, suggesting that while the steel sector may be interesting, ASTL might not be the best option. The uncertainty surrounding the USMCA renewal and potential changes in tariffs adds an additional layer of risk, making this a position not suitable for conservative investors. At this stage, the quality of the turnaround in ASTL remains to be seen, warranting cautious consideration from potential investors.

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Consensus
speculative
valuation icon
Valuation
undervalued
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TOP PICK
Fixed all their problems. Steel prices are getting higher. 5x earnings, and less than 2x cash flow. Upside.
DON'T BUY
Book value is around $15. Stock price could go higher, but if Stelco goes bankrupt, are they going to dump some of their steel, will the government have to step in, etc.? Cut back your holdings and watch.
BUY
Steel prices are increasing. A very interesting sector.
BUY
Cheap stock. Rising steel prices. Massive leverage. Concerns on relining blast furnace and debt situations have been put on hold. Should be smooth sailing going forward.
DON'T BUY
Expected to lose money in the next 2 quarters. Not a well run steel company.
DON'T BUY
Steels give an opportunity to participate in economic growth.Shipping costs are expensive compared to other companies.Have a cost issue going forward re labor costs.
WEAK BUY
Its worth having a look at.An under loved stock.Strong management.Just looking at it now.
DON'T BUY
Steel industry is a difficult place to be now.
DON'T BUY
A heart breaker stock. Not a buy & hold situation. Bounced off the bottom in June, but has tech resistance on its 50 day moving average. Excess steel capacity.
DON'T BUY
Would avoid every steel stock except for Dofasco.
DON'T BUY
He's done poorly in steels over the years. Could be in for a tough haul.
DON'T BUY
He's done poorly in steels over the years. Could be in for a tough haul.
DON'T BUY
Cdn$ has hurt the Cdn steel producers. A high risk play. US steels will do better.
WEAK BUY
Book value is around $14/15. Earnings around $3.50 level. Strong Cdn$ hurts. Cheap.
DON'T BUY
Direction of steel prices is heading down because of import pressure and the auto industry.
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