TSE:STLC
10.46
0.05
(0.48%)
Stelco Holdings Inc. is a steel company based in Hamilton, Ontario, Canada. Stelco was founded in 1910 from the amalgamation of several smaller firms.
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Stelco Holdings Inc.
STLC-T
Analysis and Opinions about STLC-T
Signal
Opinion
Expert
SPECULATIVE BUY
SPECULATIVE BUY
June 5, 2020
A re-capitalization of the older company. It has started to come back. They signed a contract to get pellet supply, that seems favourable. They have some valuable land holdings in Hamilton. A nice risk-reward for some people on a small scale. He does not see enough safety around the dividend to recommend to his clients.
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A re-capitalization of the older company. It has started to come back. They signed a contract to get pellet supply, that seems favourable. They have some valuable land holdings in Hamilton. A nice risk-reward for some people on a small scale. He does not see enough safety around the dividend to recommend to his clients.
DON'T BUY
DON'T BUY
February 19, 2020
It's a cyclical play, so if you're optimistic about the market in coming months, you can buy it, but he would be careful and cautious. He's not optimistic about the latter half of 2020.
Show full opinionHide full opinionIt's a cyclical play, so if you're optimistic about the market in coming months, you can buy it, but he would be careful and cautious. He's not optimistic about the latter half of 2020.
BUY WEAKNESS
BUY WEAKNESS
February 11, 2020
He bought on weakness recently. Steel prices have fallen in years, but this company is well run. Have strong cash flow and renegotiated their debt. If steel rebounds, this will do very well, but be patient. Yields 3.9%.
Show full opinionHide full opinionHe bought on weakness recently. Steel prices have fallen in years, but this company is well run. Have strong cash flow and renegotiated their debt. If steel rebounds, this will do very well, but be patient. Yields 3.9%.
SELL
SELL
October 10, 2019
Wouldn't buy or hold it. Would be a seller. Steel prices are in freefall with no relief in sight. Stock is not cheap, despite the downward slope of the chart. Macro environment not good, global growth slowing.
Show full opinionHide full opinionWouldn't buy or hold it. Would be a seller. Steel prices are in freefall with no relief in sight. Stock is not cheap, despite the downward slope of the chart. Macro environment not good, global growth slowing.
BUY
BUY
October 8, 2019
Asking about US Steel He prefers Stelco in this space. Stelco is well-run, not American and trading at a low valuation. Stelco is in great shape since emerging from bankruptcy.
Show full opinionHide full opinionAsking about US Steel He prefers Stelco in this space. Stelco is well-run, not American and trading at a low valuation. Stelco is in great shape since emerging from bankruptcy.
DON'T BUY
DON'T BUY
August 23, 2019
Down pretty significantly today. Probably more for contrarian investors. There is risk and there are safer places.
Show full opinionHide full opinionDown pretty significantly today. Probably more for contrarian investors. There is risk and there are safer places.
PAST TOP PICK
PAST TOP PICK
August 19, 2019
(A Top Pick Oct 02/18, Down 44%) They had a second quarter miss. They are affected by steel prices. It is still a really well run company. They cleaned up the balance sheet and pension issues. There is value in these companies if you hold them for 5 years. He will continue to hold it.
Show full opinionHide full opinion(A Top Pick Oct 02/18, Down 44%) They had a second quarter miss. They are affected by steel prices. It is still a really well run company. They cleaned up the balance sheet and pension issues. There is value in these companies if you hold them for 5 years. He will continue to hold it.
SELL
SELL
August 19, 2019
The chart looks horrible, but volume is starting to flow. 80% of investors have lost money here in the past two years. It hasn't found a bottom. It's slid from $15 to $11.83. Don't even look at it, unless it rises above $12.50. Sell, if you haven't already. Minimize your losses.
Show full opinionHide full opinionThe chart looks horrible, but volume is starting to flow. 80% of investors have lost money here in the past two years. It hasn't found a bottom. It's slid from $15 to $11.83. Don't even look at it, unless it rises above $12.50. Sell, if you haven't already. Minimize your losses.
BUY
BUY
August 12, 2019
It kind of trends down since January, but it isn't terrible. The picture generally is pretty positive. A year from now we will have some inflation and it will break out above $16. It is a good risk/reward to take a shot at some of these names.
Show full opinionHide full opinionIt kind of trends down since January, but it isn't terrible. The picture generally is pretty positive. A year from now we will have some inflation and it will break out above $16. It is a good risk/reward to take a shot at some of these names.
DON'T BUY
DON'T BUY
July 15, 2019
The trade war with America is likely over. Their chart doesn't scream buy, though. A poor chart, actually.
Show full opinionHide full opinionThe trade war with America is likely over. Their chart doesn't scream buy, though. A poor chart, actually.
COMMENT
COMMENT
July 8, 2019
It's at the whims of the steel price. Good management generates good cash flow and have two special dividends in the past year. Prem Watsa has invested in them. They seem to be hunting for an acquisition, but higher steel prices or big capital deployment will move the stock higher.
Show full opinionHide full opinionIt's at the whims of the steel price. Good management generates good cash flow and have two special dividends in the past year. Prem Watsa has invested in them. They seem to be hunting for an acquisition, but higher steel prices or big capital deployment will move the stock higher.
PARTIAL BUY
PARTIAL BUY
July 5, 2019
He hasn't owned this for a while. $14 is the floor. Start with a half position and if it breaks upwards, add to it. Enter it now.
Show full opinionHide full opinionHe hasn't owned this for a while. $14 is the floor. Start with a half position and if it breaks upwards, add to it. Enter it now.
SELL
SELL
April 29, 2019
There's a storm cloud over Stelco. Ottawa was supposed to protect the company and sector from US tariffs, but Ottawa just realized the cost of that protection and withdrew it. The upshot: a decline in STLC's NAV from 21 to 17, and EBITDA margins shrinking from 16.5% to 11.3% (a 32% decline in EBITDA--not good).
Show full opinionHide full opinionThere's a storm cloud over Stelco. Ottawa was supposed to protect the company and sector from US tariffs, but Ottawa just realized the cost of that protection and withdrew it. The upshot: a decline in STLC's NAV from 21 to 17, and EBITDA margins shrinking from 16.5% to 11.3% (a 32% decline in EBITDA--not good).
PAST TOP PICK
PAST TOP PICK
December 27, 2018
(A Top Pick Oct 02/18, Down 36%) Fear of an economic slowdown has pressured steel prices and stock. But stell prices are still strong historically. You can make money off this at the $30 price in the coming years. STLC plan to sell 100% of their products to Canada which will avoid the US tariffs. In the last quarter that figure was 90%.
Show full opinionHide full opinion(A Top Pick Oct 02/18, Down 36%) Fear of an economic slowdown has pressured steel prices and stock. But stell prices are still strong historically. You can make money off this at the $30 price in the coming years. STLC plan to sell 100% of their products to Canada which will avoid the US tariffs. In the last quarter that figure was 90%.
DON'T BUY
DON'T BUY
November 20, 2018
Don’t buy now. Mainly because of uncertainty surrounding steel and aluminum tariffs. Canada’s cyclicals have been beaten down, so there could be value, but economic growth will slow somewhat. This would be a value trap.
Show full opinionHide full opinionDon’t buy now. Mainly because of uncertainty surrounding steel and aluminum tariffs. Canada’s cyclicals have been beaten down, so there could be value, but economic growth will slow somewhat. This would be a value trap.
Stelco Holdings Inc.(STLC-T) Rating
Ranking : 4 out of 5
Bullish - Buy Signals / Votes : 3
Neutral - Hold Signals / Votes : 0
Bearish - Sell Signals / Votes : 2
Total Signals / Votes : 5
Stelco Holdings Inc.(STLC-T) Frequently Asked Questions
What is Stelco Holdings Inc. stock symbol?
Stelco Holdings Inc. is a Canadian stock, trading under the symbol STLC-T on the Toronto Stock Exchange (STLC-CT). It is usually referred to as TSX:STLC or STLC-T
Is Stelco Holdings Inc. a buy or a sell?
In the last year, 5 stock analysts published opinions about STLC-T. 3 analysts recommended to BUY the stock. 2 analysts recommended to SELL the stock. The latest stock analyst recommendation is SPECULATIVE BUY. Read the latest stock experts' ratings for Stelco Holdings Inc..
Is Stelco Holdings Inc. a good investment or a top pick?
Stelco Holdings Inc. was recommended as a Top Pick by Ryan Bushell on 2020-06-05. Read the latest stock experts ratings for Stelco Holdings Inc..
Why is Stelco Holdings Inc. 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 Stelco Holdings Inc. worth watching?
5 stock analysts on Stockchase covered Stelco Holdings Inc. In the last year. It is a trending stock that is worth watching.
What is Stelco Holdings Inc. stock price?
On 2020-09-24, Stelco Holdings Inc. (STLC-T) stock closed at a price of $10.46.
