Russel Metals (RUS-T) Stock Predictions - Stockchase
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304
Russel Metals (RUS-T)

ON STOCKCHASE SINCE Dec 2000

middle man between steel companies & mnfctrs

steel

Russel Metals Russel Metals
RUS-T

83 304
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Russel Metals (RUS-T) SAVE

27.06

0.06 (0.22%)

Sep, 21, 2018, 12:00 am

OPINIONS

About Russel Metals (RUS-T)

Russel Metals Inc. is one of the largest North American suppliers of metal products, with operations across Canada and the United States. The company was originally established in 1785 by John Russel as John Russel & Co. More at Wikipedia

What the experts are saying about RUS-T



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Signal Opinion Expert
SELL
Russel Metals(RUS-T) 

August 16, 2018

Is one of the steel plays in Canada which was seen as defensive given the tariffs.  Have seen people take profits after good results reported.  It is still a dicey sector, with tariff concerns and economy and infrastructure concerns.  Investors are getting concerned about this sector.  He suggests taking profits now and see what happens in fall.

steel

Is one of the steel plays in Canada which was seen as defensive given the tariffs.  Have seen people take profits after good results reported.  It is still a dicey sector, with tariff concerns and economy and infrastructure concerns.  Investors are getting concerned about this sector.  He suggests taking profits now and see what happens in fall.

steel
Andrew Pyle

Senior wea, The Pyle Group, Scot...

Price Price
$28.910
Owned Owned
No

WATCH
Russel Metals(RUS-T) 

July 25, 2018

He did own it after it broke a technical level. He likes the company and its yield. There's uncertainty around the tariffs, which he'd like to see resolved before stepping back in. Pays a 5.6% yield.

steel

He did own it after it broke a technical level. He likes the company and its yield. There's uncertainty around the tariffs, which he'd like to see resolved before stepping back in. Pays a 5.6% yield.

steel
Bruce Campbell

President , Stone Castle Investm...

Price Price
$27.040
Owned Owned
No

BUY on WEAKNESS
Russel Metals(RUS-T) 

July 13, 2018

It has broken down on the technical chart and if it breaks down further, it could re-test $22 key support.  He would buy on weakness based on seasonal patterns into October.  Yield 5.6%.  

steel

It has broken down on the technical chart and if it breaks down further, it could re-test $22 key support.  He would buy on weakness based on seasonal patterns into October.  Yield 5.6%.  

steel
Hap (Robert) Sn

Chief Port, Castlemoore Inc....

Price Price
$26.790
Owned Owned
No

HOLD
Russel Metals(RUS-T) 

July 3, 2018

It has been caught a little in the trade war with the US, due to its cross-border business dealings in steel.  The fundamentals still look strong for the company, he says.  It is a great management team.  He would sell above $30 and would buy around $25.  Otherwise he would hold it here.  Yield 5%.

steel

It has been caught a little in the trade war with the US, due to its cross-border business dealings in steel.  The fundamentals still look strong for the company, he says.  It is a great management team.  He would sell above $30 and would buy around $25.  Otherwise he would hold it here.  Yield 5%.

steel
Ryan Bushell

President, Newhaven Asset Manag...

Price Price
$26.840
Owned Owned
Yes

COMMENT
Russel Metals(RUS-T) 

June 6, 2018

A steel and infrastructure play. He used to own it. The Trump steel tariffs have hit this stock, but Russel doesn't sell steel into the States, so it should not be hit by the tariffs. He likes this stock, but is growing concerned about limited infrastructure spending in North America.

steel

A steel and infrastructure play. He used to own it. The Trump steel tariffs have hit this stock, but Russel doesn't sell steel into the States, so it should not be hit by the tariffs. He likes this stock, but is growing concerned about limited infrastructure spending in North America.

steel
Andrew Pyle

Senior wea, The Pyle Group, Scot...

Price Price
$28.720
Owned Owned
No

COMMENT
Russel Metals(RUS-T) 

May 11, 2018

They took a hard look at this in the commodity washout of 2016. It is a good long-term name to own. Consistent cash flows. Very cyclical tough. They would really look at this if it was below $20. Yield is over 5%. 

steel

They took a hard look at this in the commodity washout of 2016. It is a good long-term name to own. Consistent cash flows. Very cyclical tough. They would really look at this if it was below $20. Yield is over 5%. 

steel
Bryden Teich

Portfolio , Avenue Investment Ma...

Price Price
$30.110
Owned Owned
No

COMMENT
Russel Metals(RUS-T) 

May 9, 2018

He does not like the materials space right now as there is no upward momentum in this sector presently.  Given recent inflation trends, it is not being confirmed with upward price movements.  He would not go here.  

steel

He does not like the materials space right now as there is no upward momentum in this sector presently.  Given recent inflation trends, it is not being confirmed with upward price movements.  He would not go here.  

steel
Cameron Hurst

Chief Inve, Equium Capital Manag...

Price Price
$30.090
Owned Owned
No

PAST TOP PICK
Russel Metals(RUS-T) 

May 3, 2018

(A Top Pick June 16/17 – Up 20.6%.) Pays a nice dividend. They still see growth here. The risk here is US steel tariffs.

steel

(A Top Pick June 16/17 – Up 20.6%.) Pays a nice dividend. They still see growth here. The risk here is US steel tariffs.

steel
Greg Newman

Director &, Scotia Wealth Manage...

Price Price
$30.230
Owned Owned
Unknown

WATCH
Russel Metals(RUS-T) 

May 1, 2018

A Canadian play. The Trump threats are much ado about nothing. He's not worried. The chart is choppy, but may have potential. He bought a small amount when it was oversold. He'll watch it.

steel

A Canadian play. The Trump threats are much ado about nothing. He's not worried. The chart is choppy, but may have potential. He bought a small amount when it was oversold. He'll watch it.

steel
Keith Richards

Portfolio , ValueTrend Wealth Ma...

Price Price
$28.950
Owned Owned
Yes

COMMENT
Russel Metals(RUS-T) 

April 10, 2018

Looks good. Support level is at the current price. Volume is okay. It's been going sideways long enough to create a support level. Exit below $27. The 5.5% dividend is great. Resistance is likely at $29. Bigger resistance at $31 possibly in the late-summer/early-fall. Next support level is $25 where you may start going through this cycle again. All mineral and energy stocks are traders, so five-year holds are not great, because you can lose money. That's why the S&P has beaten the TSX.

steel

Looks good. Support level is at the current price. Volume is okay. It's been going sideways long enough to create a support level. Exit below $27. The 5.5% dividend is great. Resistance is likely at $29. Bigger resistance at $31 possibly in the late-summer/early-fall. Next support level is $25 where you may start going through this cycle again. All mineral and energy stocks are traders, so five-year holds are not great, because you can lose money. That's why the S&P has beaten the TSX.

steel
Jeff Parent B.

VP & Portf, Castlemoore Inc....

Price Price
$27.850
Owned Owned
Unknown

BUY on WEAKNESS
Russel Metals(RUS-T) 

March 12, 2018

They are embroiled in this NAFTA tariff thing right now.  It could move steel prices in the right direction for them since they buy and stock steel.  You are at risk of something volatile happening either to the upside or downside.  If it got below $25 it would be attractive.  This is a difficult business generally.  The management team really respect their shareholders.

steel

They are embroiled in this NAFTA tariff thing right now.  It could move steel prices in the right direction for them since they buy and stock steel.  You are at risk of something volatile happening either to the upside or downside.  If it got below $25 it would be attractive.  This is a difficult business generally.  The management team really respect their shareholders.

steel
Ryan Bushell

President, Newhaven Asset Manag...

Price Price
$30.010
Owned Owned
Yes

HOLD
Russel Metals(RUS-T) 

January 24, 2018

Has this on his radar screen. It’s one that has a nice dividend, but also has a growth profile. As the oil/gas business continues to drill and do well, they are producing more pipe for that, which really drives their earnings.

steel

Has this on his radar screen. It’s one that has a nice dividend, but also has a growth profile. As the oil/gas business continues to drill and do well, they are producing more pipe for that, which really drives their earnings.

steel
Bruce Campbell

President , Stone Castle Investm...

Price Price
$31.120
Owned Owned
No

PARTIAL SELL
Russel Metals(RUS-T) 

January 8, 2018

Not a stock he has looked at in a long while.  It looks like it had a pretty decent rally.  It has not done much in 10 years, however.  He would look to lighten up and maybe buy it back if it gets to the lows.  It is an underperformer.

steel

Not a stock he has looked at in a long while.  It looks like it had a pretty decent rally.  It has not done much in 10 years, however.  He would look to lighten up and maybe buy it back if it gets to the lows.  It is an underperformer.

steel
Larry Berman CF

Chief Inve, ETF Capital Manageme...

Price Price
$29.770
Owned Owned
Unknown

COMMENT
Russel Metals(RUS-T) 

December 22, 2017

Historically, steel stocks like this do very, very well from October right through until the end of the year, and then have another move into the spring time. Right now, we are just about ready to enter into the period of seasonal strength. If it moves above its trading range now, that will confirm that once again it is going through its period of seasonal strength.

steel

Historically, steel stocks like this do very, very well from October right through until the end of the year, and then have another move into the spring time. Right now, we are just about ready to enter into the period of seasonal strength. If it moves above its trading range now, that will confirm that once again it is going through its period of seasonal strength.

steel
Don Vialoux

Research A, TimingTheMarket.CA &...

Price Price
$28.460
Owned Owned
Unknown

BUY on WEAKNESS
Russel Metals(RUS-T) 

December 15, 2017

He likes this for recovering steel prices, steady demand, and its position in Canada as the leading distributor. The yield looks very sustainable. Has a 76% payout ratio. Balance sheet looks really good for M&A, because they want to buy mom and pop shops and be a consolidator. On strengthening steel prices, he models them growing cash flows 25% from 2016 to 2018. However, on a PE basis, it’s a little more expensive than its peers, but on an EV to EBITDA basis, it is in line. He would look to buy this on a bit of a pullback. Pays a real nice dividend.

steel

He likes this for recovering steel prices, steady demand, and its position in Canada as the leading distributor. The yield looks very sustainable. Has a 76% payout ratio. Balance sheet looks really good for M&A, because they want to buy mom and pop shops and be a consolidator. On strengthening steel prices, he models them growing cash flows 25% from 2016 to 2018. However, on a PE basis, it’s a little more expensive than its peers, but on an EV to EBITDA basis, it is in line. He would look to buy this on a bit of a pullback. Pays a real nice dividend.

steel
Greg Newman

Director &, Scotia Wealth Manage...

Price Price
$28.840
Owned Owned
Unknown

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