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Investor Insights

This summary was created by AI, based on 7 opinions in the last 12 months.

Stelco Holdings Inc. (STLC-T) is a steel company that has seen positive news and is currently in the middle of a long-term range. It is expected to reach $50 before stalling out in the next 3-6 months. The company has a strong balance sheet, good cash flow, and has bought back a significant amount of its own shares. While it may face difficult earnings comparisons in the next 2 years, it seems to be a solid choice for long-term investors.

Consensus
Positive
Valuation
Undervalued
BUY

In the middle of a long-term range. Yesterday's news looked very positive. Good, solid support around $38. Potential to get to $50 before it stalls out, in a 3-6 month timeframe. Get out if drops below $40.

0
BUY
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research

We like STN, but we would put correlation to it and STLC as fairly low. Any prediction needs to be taken with a grain of salt. STLC has a surprisingly-good Q3 and a pretty good Q4. It is a very cheap stock with a strong balance sheet, and it has bought back a lot of its own shares. EPS is expected to fall next year, but cash flow remains strong. We would be quite comfortable owning it.  
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0
PARTIAL SELL

He likes finding these names that are off the radar. Still pretty cheap around 4.4x 2024, PE around 7.4x. Steel prices are high, as is steel demand while inventories are below normal. Set up well for Q1, but not Q4. Special dividends will continue. Commodity, and it's had a big run. Sell calls if you own it.

0
WAIT

If economic activity is ramping up, this is a place you want to be, but that's not what the market is telling you. Wait till the dust settles; you'll give up some return, but you'll gain stability if there's a downturn. Generates strong earnings in a strong economic cycle.

0
WEAK BUY

The chart is improving by taking out a previous high and showing higher lows on the past 2 years. It's probably a mild uptrend. Not a screaming buy but positive.

0
HOLD

Current share price presenting a value oriented investment.
Strong business for long term investors.
Steel company that produces large variety of staple products.
Excellent balance sheet with good P/E ratio.


0
DON'T BUY

He doesn't own any steel. Company has been dramatically cleaned up. Virtually debt-free. Risk of financial distress almost totally off the table. Difficult earnings comparisons for next 2 years with windfall banner profits in 2021-22. Not likely to reach fresh highs.

0
Unspecified
It has done well re-structuring their business. The economy is slowing down and this will have an effect on their earnings.
0
TRADE
It is cyclical and has done well with the good commodities cycle. Had a beat on earnings. It is in the right spot as metals will do well in April. Has a high debt load. Be cautious and maybe sell some for profits.
0
DON'T BUY
Finished product (steel) STLC vs. commodity (iron ore) LIF? He'd choose LIF; he owns it for income. STLC is an operating company; whereas LIF is a topline royalty company (gets paid on topline, not bottom line), operating for 50+ years, less operating leverage. Both steel and iron ore have rolled over. More downside for steel. Iron ore has already corrected back. LIF is the safer play, with a yield of 24%, partially due to special dividends. Yield is 2% for STLC, and the CEO has been a major seller.
0
DON'T BUY
It's in capable hands now (it dodged bankruptcy in its history). They've removed legacy costs and are benefitting now from high steel costs. They're also buying back shares, but also from insiders which raises a yellow flag. Also, steel prices don't last forever, and Trump's old tariffs may fall. For these reasons, he's taking a pass. Too risky.
0
COMMENT
He got out of it a couple of months ago. The price of steel was unsustainable. Earnings are going to drop. Stelco is at an unsustainable valuation. It has come off and he might take a look at it again.
0
BUY ON WEAKNESS

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. The pullback gives an interesting opportunity. The markets are worried about the stimulus bill and China. It is very cheap and is in a new cash position. If there is no reversal in global growth, which is unlikely, the stock has a good chance of decent recovery. Unlock Premium - Try 5i Free

0
BUY
A steelmaker, and steel prices are hot. There are supply issues with steel, so now is a golden time to own STLC. Steel stocks haven't corrected like mining stocks, so maybe a correction will come. These are trading stocks, not long-term holds.
0
HOLD
He bought it after he met management, of whom he was really impressed. The company is a huge beneficiary of the shortage of steel around the world with the price of steel going up five-fold. The issue is that steel prices are unsustainably high for the long term. He has been selling as it goes up. This is a temporary strength.
0
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Stelco Holdings Inc.(STLC-T) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 3

Neutral - Hold Signals / Votes : 1

Bearish - Sell Signals / Votes : 1

Total Signals / Votes : 5

Stockchase rating for Stelco Holdings Inc. 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.

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. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . 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 on . 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 2024-06-14, Stelco Holdings Inc. (STLC-T) stock closed at a price of $37.15.