Russel Metals

RUS-T

TSE:RUS

14.77
0.05 (0.34%)
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
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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