Russel Metals

RUS-T

TSE:RUS

17.03
0.52 (3.15%)
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.
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Analysis and Opinions about RUS-T

Signal
Opinion
Expert
WAIT
WAIT
February 21, 2020
He doesn't like the base metals yet. The price of copper as a barometer hasn't shown any movement. He has to see what will happen with the global economy. Once copper rises above $3.00, he would start looking into it more.
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Russel Metals (RUS-T)
February 21, 2020
He doesn't like the base metals yet. The price of copper as a barometer hasn't shown any movement. He has to see what will happen with the global economy. Once copper rises above $3.00, he would start looking into it more.
DON'T BUY
DON'T BUY
February 3, 2020
The chart shows a long-term downtrend, though it's trying to make a new uptrend. He likes RUS for paying a dividend, but if it breaks below $20 there will be more downside.
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Russel Metals (RUS-T)
February 3, 2020
The chart shows a long-term downtrend, though it's trying to make a new uptrend. He likes RUS for paying a dividend, but if it breaks below $20 there will be more downside.
WEAK BUY
WEAK BUY
January 23, 2020
It has cut its dividend in previous cycles. They got hit in trade wars. The dividend is good and the cash flow is and good and he thinks it is a well managed company, but you have to commit to an expanding economy to own a lot.
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Russel Metals (RUS-T)
January 23, 2020
It has cut its dividend in previous cycles. They got hit in trade wars. The dividend is good and the cash flow is and good and he thinks it is a well managed company, but you have to commit to an expanding economy to own a lot.
BUY
BUY
January 17, 2020
A cyclical that is a reasonably priced industrial. He holds it primarily for the dividend with a 43% payout ratio. There are no issues with the balance sheet and it trades at 11 times earnings and 7 times EBITDA versus the market at 14 times. Price momentum could be better, but the valuation is compelling enough to own it. Yield 6.7%
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Russel Metals (RUS-T)
January 17, 2020
A cyclical that is a reasonably priced industrial. He holds it primarily for the dividend with a 43% payout ratio. There are no issues with the balance sheet and it trades at 11 times earnings and 7 times EBITDA versus the market at 14 times. Price momentum could be better, but the valuation is compelling enough to own it. Yield 6.7%
TOP PICK
TOP PICK
December 13, 2019
We've been in an industrial recession through the summer and fall. They do steel distribution. Not competitive and the stock was hit due to the recession. In NA, if business gets better, the stock will go up. A 6% dividend. (Analysts’ price target is $23.67)
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Russel Metals (RUS-T)
December 13, 2019
We've been in an industrial recession through the summer and fall. They do steel distribution. Not competitive and the stock was hit due to the recession. In NA, if business gets better, the stock will go up. A 6% dividend. (Analysts’ price target is $23.67)
HOLD
HOLD
December 11, 2019
A name that is getting sold off for tax losses. There are challenges and the balance sheet is okay. The good news is that the company stays steel prices are bottoming as are rig counts. It is extraordinarily cheap at these levels. He thinks they will still be able to maintain dividends. If you believe we are not going into a recession, this would be a good buy.
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Russel Metals (RUS-T)
December 11, 2019
A name that is getting sold off for tax losses. There are challenges and the balance sheet is okay. The good news is that the company stays steel prices are bottoming as are rig counts. It is extraordinarily cheap at these levels. He thinks they will still be able to maintain dividends. If you believe we are not going into a recession, this would be a good buy.
BUY WEAKNESS
BUY WEAKNESS
September 23, 2019
It is a unique company. He expects their earnings to drop but they are counter cyclical because they harvest their inventory in parts of the cycle so their cash flow actually goes up quite high then. The dividend is quite safe. You have to look at cash flow over a 10 year period. Below $20 is probably not a bad entry point.
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Russel Metals (RUS-T)
September 23, 2019
It is a unique company. He expects their earnings to drop but they are counter cyclical because they harvest their inventory in parts of the cycle so their cash flow actually goes up quite high then. The dividend is quite safe. You have to look at cash flow over a 10 year period. Below $20 is probably not a bad entry point.
COMMENT
COMMENT
September 10, 2019
A cyclical business, though RUS has survived many down cycles. Well-managed company. Be prepared for the dividend to be cut in tough times and to rise when it's good.
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Russel Metals (RUS-T)
September 10, 2019
A cyclical business, though RUS has survived many down cycles. Well-managed company. Be prepared for the dividend to be cut in tough times and to rise when it's good.
BUY
BUY
September 3, 2019
A better valuation than US Steel. He prefers it. The 7.64% dividend is very attractive in this space. For an RRSP, RUS pays good income.
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Russel Metals (RUS-T)
September 3, 2019
A better valuation than US Steel. He prefers it. The 7.64% dividend is very attractive in this space. For an RRSP, RUS pays good income.
BUY WEAKNESS
BUY WEAKNESS
September 3, 2019
He just bought it, because the stock has hit lows and is paying over a 7% yield. They just did a small acquisition in the U.S. They have experience maintaining their dividend through all phases of the economic cycle. Strong management. A great time to enter a cyclical business like this, but add on weakness.
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Russel Metals (RUS-T)
September 3, 2019
He just bought it, because the stock has hit lows and is paying over a 7% yield. They just did a small acquisition in the U.S. They have experience maintaining their dividend through all phases of the economic cycle. Strong management. A great time to enter a cyclical business like this, but add on weakness.
BUY WEAKNESS
BUY WEAKNESS
August 14, 2019
Average down? They just had earnings, which are down substantially. Blame it on tariffs and lower demand though RUS insists they have steady demand. The stock is cheap now. The balance sheet is fine, but a name like this is not very liquid. Yes, you can add at $18, today's level. When you average down, remember that stocks exagerrate either way, up and down.
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Russel Metals (RUS-T)
August 14, 2019
Average down? They just had earnings, which are down substantially. Blame it on tariffs and lower demand though RUS insists they have steady demand. The stock is cheap now. The balance sheet is fine, but a name like this is not very liquid. Yes, you can add at $18, today's level. When you average down, remember that stocks exagerrate either way, up and down.
DON'T BUY
DON'T BUY
August 13, 2019
The 10-year chart shows an uptrend from 2016-8, but has since fallen lower. He expects more US dollar strength that'll pressure RUS. Yes, RUS pays a strong dividend, but weigh it against a downtrend.
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Russel Metals (RUS-T)
August 13, 2019
The 10-year chart shows an uptrend from 2016-8, but has since fallen lower. He expects more US dollar strength that'll pressure RUS. Yes, RUS pays a strong dividend, but weigh it against a downtrend.
HOLD
HOLD
August 12, 2019
He's owned it in the past. A well-run business in steel distribution where there is volatility due to steel prices. Pays a good dividend and generates decent cash flow. It's more defensive than its peers. Hang onto it and the dividend is safe.
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Russel Metals (RUS-T)
August 12, 2019
He's owned it in the past. A well-run business in steel distribution where there is volatility due to steel prices. Pays a good dividend and generates decent cash flow. It's more defensive than its peers. Hang onto it and the dividend is safe.
BUY
BUY
June 14, 2019
Dividend safe. It's just a yard for steel to go through. Doesn't lose money. The retracement in the stock price is telling you that there's a recession in middle America right now. Likes the stock at this price. Sell at $30, buy under $20. Income producer you just stick in the portfolio.
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Russel Metals (RUS-T)
June 14, 2019
Dividend safe. It's just a yard for steel to go through. Doesn't lose money. The retracement in the stock price is telling you that there's a recession in middle America right now. Likes the stock at this price. Sell at $30, buy under $20. Income producer you just stick in the portfolio.
BUY
BUY
May 29, 2019
Likes it right now. Well positioned. Outperformed throughout the whole aluminum tariff debacle. Not a bad opportunity to get in at today's valuation of $21.46.
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Likes it right now. Well positioned. Outperformed throughout the whole aluminum tariff debacle. Not a bad opportunity to get in at today's valuation of $21.46.
BUY WEAKNESS
BUY WEAKNESS
April 30, 2019

TransMountain will have no effect on Russel. A great company in a tough business. He sold it last August and took profits. Over time, RUS will build through acquisition. Pays a good dividend. He will buy below $20. You can trade it between $20 and 30.

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Russel Metals (RUS-T)
April 30, 2019

TransMountain will have no effect on Russel. A great company in a tough business. He sold it last August and took profits. Over time, RUS will build through acquisition. Pays a good dividend. He will buy below $20. You can trade it between $20 and 30.

BUY
BUY
January 18, 2019
Metal tariffs caused this to fall. Also, steel futures are down. But it pays a safe 6.5% dividend and trades at a reasonable level. Likes it here.
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Russel Metals (RUS-T)
January 18, 2019
Metal tariffs caused this to fall. Also, steel futures are down. But it pays a safe 6.5% dividend and trades at a reasonable level. Likes it here.
BUY WEAKNESS
BUY WEAKNESS
January 17, 2019
It is a steel distributor with operations in Canada and the US. They distribute whether steel prices are high or low but can get caught when prices move too quickly. A good long term hold.
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Russel Metals (RUS-T)
January 17, 2019
It is a steel distributor with operations in Canada and the US. They distribute whether steel prices are high or low but can get caught when prices move too quickly. A good long term hold.
DON'T BUY
DON'T BUY
January 15, 2019

He sold in the August before it fell 20%. Current levels are attractive. Good managers, but they are in a cyclical, competitive business, some times there'll be volatility. Maybe buy in the $15-20 area. In a downturn, they'll likely cut their dividend.

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Russel Metals (RUS-T)
January 15, 2019

He sold in the August before it fell 20%. Current levels are attractive. Good managers, but they are in a cyclical, competitive business, some times there'll be volatility. Maybe buy in the $15-20 area. In a downturn, they'll likely cut their dividend.

VAGUE
VAGUE
January 11, 2019
A lot of their business focuses on the oil and gas sector. They pay a decent dividend. He has never owned it. With LNG plans in BC moving forward, he thinks this should help.
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Russel Metals (RUS-T)
January 11, 2019
A lot of their business focuses on the oil and gas sector. They pay a decent dividend. He has never owned it. With LNG plans in BC moving forward, he thinks this should help.
COMMENT
COMMENT
January 3, 2019
Fundamentally it trades between 1 and 2 times book value. When it gets bellow book value is time to get in. Book value is between 16 and 17 and the stock is trading at 21. Probably has 5 bucks on the downside before is a buy. But balance sheet is fine. And the earnings continue to rise nicely.
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Russel Metals (RUS-T)
January 3, 2019
Fundamentally it trades between 1 and 2 times book value. When it gets bellow book value is time to get in. Book value is between 16 and 17 and the stock is trading at 21. Probably has 5 bucks on the downside before is a buy. But balance sheet is fine. And the earnings continue to rise nicely.
DON'T BUY
DON'T BUY
November 28, 2018
In no-man's land, trapped in weak cyclical stocks. Trades at 23% ROE and 6x EBITDA. Great, sustainable yield. But he prefers to buy stocks like this on the upswing, not the current downswing.
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Russel Metals (RUS-T)
November 28, 2018
In no-man's land, trapped in weak cyclical stocks. Trades at 23% ROE and 6x EBITDA. Great, sustainable yield. But he prefers to buy stocks like this on the upswing, not the current downswing.
BUY
BUY
October 26, 2018

All industrials across North America have sold off, not just RUS. They're enjoying their highest margins since 2008. The balance sheet and payout ratio are fine. A smaller, illiquid name. In a bear market, this will get hit more. But he likes it even at current levels and thinks it is oversold.

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Russel Metals (RUS-T)
October 26, 2018

All industrials across North America have sold off, not just RUS. They're enjoying their highest margins since 2008. The balance sheet and payout ratio are fine. A smaller, illiquid name. In a bear market, this will get hit more. But he likes it even at current levels and thinks it is oversold.

BUY WEAKNESS
BUY WEAKNESS
September 26, 2018

He recently suggested selling this company. They are exposed to the energy sector and the economy in general. It had gone ex-dividend already and it has fallen since his recommendation. He would buy it again on a further pullback.

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Russel Metals (RUS-T)
September 26, 2018

He recently suggested selling this company. They are exposed to the energy sector and the economy in general. It had gone ex-dividend already and it has fallen since his recommendation. He would buy it again on a further pullback.

SELL
SELL
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.

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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.

WATCH
WATCH
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.

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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.

BUY WEAKNESS
BUY WEAKNESS
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%.

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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%.

HOLD
HOLD
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%.

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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%.

COMMENT
COMMENT
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.

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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.

COMMENT
COMMENT
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 though. They would really look at this if it was below $20. Yield is over 5%.

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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 though. They would really look at this if it was below $20. Yield is over 5%.

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Russel Metals(RUS-T) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 6

Neutral - Hold Signals / Votes : 2

Bearish - Sell Signals / Votes : 2

Total Signals / Votes : 10

Stockchase rating for Russel Metals is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Russel Metals(RUS-T) Frequently Asked Questions

What is Russel Metals stock symbol?

Russel Metals is a Canadian stock, trading under the symbol RUS-T on the Toronto Stock Exchange (RUS-CT). It is usually referred to as TSX:RUS or RUS-T

Is Russel Metals a buy or a sell?

In the last year, 10 stock analysts published opinions about RUS-T. 6 analysts recommended to BUY the stock. 2 analysts recommended to SELL the stock. The latest stock analyst recommendation is WAIT. Read the latest stock experts' ratings for Russel Metals.

Is Russel Metals a good investment or a top pick?

Russel Metals was recommended as a Top Pick by Jaime Carrasco on 2020-02-21. Read the latest stock experts ratings for Russel Metals.

Why is Russel Metals stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Russel Metals worth watching?

10 stock analysts on Stockchase covered Russel Metals In the last year. It is a trending stock that is worth watching.

What is Russel Metals stock price?

On 2020-07-06, Russel Metals (RUS-T) stock closed at a price of $17.03.