Is MUSA a buy? - Seeking Alpha

Quote & Headlines Market Currents StockTalk

Today 5d 1m 3m 1y 5y 10y

52wk high:

52wk low:

EPS:

PE:

Div Rate:

Yield:

Market Cap:

Volume:

76 people get MUSA articles and Market Currents by email alert.

Get email alerts on MUSA »

HEADLINES:

Metals USA Announces Stockholder Approval Of Merger Agreement With Reliance Steel & Aluminum Co.

PR Newswire (Apr 10, 2013)
Metals USA Announces End of "Go-Shop" Period, Termination of Antitrust Waiting Period and Record Date and Meeting Date for Special Meeting of Stockholders

PR Newswire (Mar 11, 2013)
Reliance Steel - Acquisition Of Metals USA Is Excellent
The Value Investor • Tue, Feb 19 • 2 Comments
Metals USA Reports 2012 Net Sales of $2 Billion and 11.0% Year Over Year Shipment Growth

PR Newswire (Feb 6, 2013)
Metals USA Announces Its 2012 Year-End Conference Call Webcast

PR Newswire (Jan 25, 2013)
7 Rallying Dividend Stocks Being Bought By Hedge Funds
Kapitall • Sun, Nov 25, 2012 • 2 Comments
Metals USA Announces New Debt Financing Reducing Annual Interest Expense By $10 Million

PR Newswire (Nov 14, 2012)
Metals USA Reports Third Quarter 2012 Net Sales of $484 Million on 11.7% Year Over Year Shipment Growth and Announces Initiation of a Quarterly Cash Dividend

PR Newswire (Oct 22, 2012)
Metals USA Announces Its Third Quarter 2012 Conference Call Webcast

PR Newswire (Oct 10, 2012)
11 More Healthy Laggards To Consider
Alan Brochstein • Tue, Oct 9, 2012 • 1 Comment
Cramer's Mad Money - Will The Euro Rebound? (8/14/12)
SA Editor Miriam Metzinger • Wed, Aug 15, 2012 • 2 Comments
Metals Usa Announces Pricing Of Secondary Offering of Common Stock by Apollo

PR Newswire (Aug 8, 2012)
Metals USA Announces Proposed Secondary Offering of Common Stock by Apollo

PR Newswire (Aug 6, 2012)
Metals USA Reports Second Quarter 2012 EPS Of $0.51 On Net Income 17% Above First Quarter 2012

PR Newswire (Jul 23, 2012)
7 Rallying Small-Caps Undervalued By The Graham Number
Kapitall • Thu, Jul 12, 2012 • 1 Comment
Metals USA Announces Its Second Quarter 2012 Conference Call Webcast

PR Newswire (Jul 10, 2012)
Earnings Preview: Worthington Industries
Vytautas Drumelis • Sun, Jun 24, 2012
9 Highly Liquid Basic Materials Stocks Undervalued By The Graham Number
Kapitall • Fri, Jun 1, 2012
9 Rallying Basic Materials Stocks With Strong Sources Of Profitability
Kapitall • Sun, Apr 29, 2012
Metals USA Reports First Quarter 2012 EPS Of $0.44 On 22% Sales Growth

PR Newswire (Apr 18, 2012)

To learn more about Seeking Alpha Pro, click here.

Is Metals USA Primed for a Bounce?
Zachary Scheidt • Thu, May 20, 2010
Apollo Cashes Out With Metals USA
Zachary Scheidt • Tue, Apr 13, 2010
Apollo Management's Metals USA Set to Price IPO
SA Editor Mohit Manghnani • Tue, Apr 6, 2010

Reliance Steel - Acquisition Of Metals USA Is Excellent
The Value Investor • Tue, Feb 19 • 2 Comments
7 Rallying Dividend Stocks Being Bought By Hedge Funds
Kapitall • Sun, Nov 25, 2012 • 2 Comments
11 More Healthy Laggards To Consider
Alan Brochstein • Tue, Oct 9, 2012 • 1 Comment
Cramer's Mad Money - Will The Euro Rebound? (8/14/12)
SA Editor Miriam Metzinger • Wed, Aug 15, 2012 • 2 Comments
7 Rallying Small-Caps Undervalued By The Graham Number
Kapitall • Thu, Jul 12, 2012 • 1 Comment
Earnings Preview: Worthington Industries
Vytautas Drumelis • Sun, Jun 24, 2012
9 Highly Liquid Basic Materials Stocks Undervalued By The Graham Number
Kapitall • Fri, Jun 1, 2012
9 Rallying Basic Materials Stocks With Strong Sources Of Profitability
Kapitall • Sun, Apr 29, 2012
5 Metals Stocks Performing Well And Worth A Look
Kinetic Investments • Fri, Feb 3, 2012 • 4 Comments
20 Companies Reporting Earnings Next Week Undervalued By Graham
Kapitall • Tue, Oct 18, 2011 • 1 Comment
Top Industrial Metals & Goods Manufacturing Picks by Fund Gurus Concentrated in the Sector
GuruFundPicks • Thu, May 19, 2011 • 1 Comment
3 Forgotten IPOs That Are Clear Rebound Candidates
StreetAuthority • Wed, Apr 13, 2011 • 2 Comments
2010 Year-End U.S. IPO Review and 2011 Outlook
Trent Tillman • Fri, Mar 4, 2011 • 3 Comments
7 Oversold Stocks Reporting Earnings This Week
Kapitall • Wed, Jul 21, 2010
Mixed Results for This Week's IPOs; Uptick in Filings
Renaissance Capital IPO Research • Sun, Apr 11, 2010
4 IPOs Planned for This Week
Renaissance Capital IPO Research • Tue, Apr 6, 2010

There are no Transcripts on MUSA.

Metals USA Announces Stockholder Approval Of Merger Agreement With Reliance Steel & Aluminum Co.

PR Newswire (Apr 10, 2013)
Metals USA Announces End of "Go-Shop" Period, Termination of Antitrust Waiting Period and Record Date and Meeting Date for Special Meeting of Stockholders

PR Newswire (Mar 11, 2013)
Metals USA Reports 2012 Net Sales of $2 Billion and 11.0% Year Over Year Shipment Growth

PR Newswire (Feb 6, 2013)
Metals USA Announces Its 2012 Year-End Conference Call Webcast

PR Newswire (Jan 25, 2013)
Metals USA Announces New Debt Financing Reducing Annual Interest Expense By $10 Million

PR Newswire (Nov 14, 2012)
Metals USA Reports Third Quarter 2012 Net Sales of $484 Million on 11.7% Year Over Year Shipment Growth and Announces Initiation of a Quarterly Cash Dividend

PR Newswire (Oct 22, 2012)
Metals USA Announces Its Third Quarter 2012 Conference Call Webcast

PR Newswire (Oct 10, 2012)
Basic Materials Sector Wrap

at Fox Business (Aug 23, 2012)
Basic Materials Sector Wrap

at Fox Business (Aug 23, 2012)
Basic Materials Sector Wrap

at Fox Business (Aug 23, 2012)
Basic Materials Sector Wrap

at Fox Business (Aug 23, 2012)
Metals Usa Announces Pricing Of Secondary Offering of Common Stock by Apollo

PR Newswire (Aug 8, 2012)
Metals USA Announces Proposed Secondary Offering of Common Stock by Apollo

PR Newswire (Aug 6, 2012)
Metals USA Reports Second Quarter 2012 EPS Of $0.51 On Net Income 17% Above First Quarter 2012

PR Newswire (Jul 23, 2012)
Metals USA Announces Its Second Quarter 2012 Conference Call Webcast

PR Newswire (Jul 10, 2012)
Metals USA Reports First Quarter 2012 EPS Of $0.44 On 22% Sales Growth

PR Newswire (Apr 18, 2012)
Metals USA Announces Time Change For Its First Quarter 2012 Conference Call Webcast

PR Newswire (Apr 16, 2012)
Metals USA Announces its First Quarter 2012 Conference Call Webcast

PR Newswire (Apr 9, 2012)
Metals USA Acquires Gregor Technologies

PR Newswire (Mar 12, 2012)
Metals USA reports Fiscal 2011 EPS of $1.73 on Revenues of $1.9 Billion

PR Newswire (Jan 26, 2012)

MUSA vs. ETF Alternatives

Company Description

"As one of the largest metal service center businesses in the United States, we believe that we are a leading provider of value-added processed carbon steel, stainless steel, aluminum, red metals and manufactured metal components. We believe that we serve an important function as an intermediary... More

Sector: Basic Materials

Industry: Steel & Iron

Country: United States

All
| Earnings
| Dividends
| M&A
| On the move

Friday, April 5, 9:53 AM Reliance Steel (RS -1.2%) says it has obtained some of the financing necessary to complete its acquisition of Metals USA (MUSA). The company announced an amended and restated $1.5B credit facility and said it has secured an increase option on the revolver for $500M. Comment!
Thursday, February 7, 3:57 PM Reliance Steel (RS) is upgraded to Buy from Hold with an $89 target price at Dahlman Rose, which sees its acquisition of Metals USA (MUSA) as a perfect fit, adding geographic and product breadth at a fair price. The firm sees the deal as immediately accretive and believes RS shares have more room to rise despite a ~40% rise since October. Comment! [Commodities, M&A, Quick Ideas]
Wednesday, February 6, 5:48 PM Metals USA (MUSA): Q4 EPS of $0.23 misses by $0.07. Revenue of $437.5M (-4% Y/Y) misses by $18.18M. (PR) Comment! [Earnings, Breaking News]
Wednesday, February 6, 12:45 PM Midday top 10 gainers: IGOI +28%. BIOL +27%. JAXB +22%. GDP +21%. CACH +20%. KFRC +19%. SFLY +20%. POWL +14%. MFR +14%. MUSA +13%.
Midday top 10 losers: VOCS -17%. CVU -14%. CALX -13%. OPAY -10%. AERL -10%. CHRW -10%. URRE -10%. SSY -9%. WXS -9%. ELN -8%. Comment! [On the Move]
Wednesday, February 6, 9:12 AM Premarket gainers: SFLY +17%. MUSA +13%. GDP +12%. AAV +8%. MBI +6%. CERN +5%. ZNGA +5%.
Losers: CHRW -7%. GME -5%. 6 Comments [On the Move]
Wednesday, February 6, 8:42 AM Reliance Steel (RS) agrees to acquire Metals USA (MUSA) for $20.65/share, representing an enterprise value of ~$1.2B. The transaction is expected to be accretive immediately upon closing. MUSA +12.8% premarket. Comment! [Commodities, M&A, On the Move]
Monday, November 19, 2012, 3:31 PM Credit Suisse thinks that U.S. steel sector valuations are already pricing in "fiscal cliff" uncertainty, and thinks there's a trading opportunity in the sector over the next 3-6 months as demand and pricing improve. The firm reiterates an Outperform on: Reliance Steel (RS +3%), Metals USA (MUSA +0.5%), Nucor (NUE +2.6%), and AK Steel (AKS +2.8%). Comment! [Commodities, On the Move]
Tuesday, October 23, 2012, 12:45 PM Midday top 10 gainers: ANNB +48%. HLYS +22%. BSDM +21%. OSG +20%. COGO +13%. MNI +9%. ARMH +9%. MUSA +8%. VRNG +8%. COH +8%.
Top 10 Losers: BCOM -13%. TDG -11%. LAWS -10%. VSCI -10%. MNST -10%. TROX -10%. HSTM -10%. ALV -10%. DVR -9%. PTNR -9%. 1 Comment [On the Move]
Monday, October 22, 2012, 4:55 PM Metals USA (MUSA) declares its first-ever quarterly dividend of $0.06/share. Forward yield 1.88%. For shareholders of record Nov 13. Payable Nov 27. Ex-div date Nov 09. (PR) Comment! [Dividends]
Monday, October 22, 2012, 4:26 PM Metals USA (MUSA): Q3 EPS of $0.37 misses by $0.01. Revenue of $483.7M (-2% Y/Y) misses by $17M. (PR) Comment! [Earnings]
Tuesday, October 2, 2012, 12:15 PM The most important news of recent days, writes Akram's Razor, was the $1B buyout bid for debt-laden Australian iron ore miner and steel producer Arrium. It suggests the point at which beaten-up metallurgical coal names and leveraged iron ore and steel producers become bait for mining giants or Asian/Middle Eastern buyers has moved closer. Some obvious picks: ANR, WLT, CLF, or X. 3 Comments [Quick Ideas, Global & FX, Commodities]
Tuesday, September 18, 2012, 12:42 PM Steel Dynamics (STLD -3%), Schnitzer Steel (SCHN -1.4%), Reliance Steel (RS -0.7%) and Worthington (WOR -1.4%) are downgraded to Hold from Buy at Jefferies, which believes steel shares are fully valued and expects U.S. steel prices to pull back. The firm maintains Buy ratings on the most defensive (NUE) and undervalued (GTI, MUSA, ZEUS) names within the group. Comment! [Commodities, Quick Ideas, On the Move]
Monday, September 17, 2012, 9:36 AM J.P. Morgan downgrades (I, II, III, IV) AK Steel (AKS -5.8%), U.S. Steel (X -4.4%), Reliance Steel (RS -3.4%) and Metals USA (MUSA -5%), saying it doesn’t think steel fundamentals will support a continued move higher beyond recent short covering after China’s infrastructure spending news and the latest QE round in the U.S., and that it expects steel prices to decline soon. Also cut: CLF -4.8%. 2 Comments [Commodities, Quick Ideas, On the Move]
Friday, September 7, 2012, 3:44 PM Metals USA (MUSA +4%) gains after Deutsche initiates coverage with a Buy and a price target of $21 per share. Deutsche notes that steel equities have been weak this year, declining 22% YTD and under performing the S&P by 33%. MUSA however, has out-performed both its peers and the S&P this year. The stock has been hit recently, since its largest shareholder Apollo sold a 10% stake in early August. The firm sees the weakness as a buying opportunity. Comment! [Commodities, On the Move]
Monday, July 23, 2012, 4:22 PM Metals USA Holdings (MUSA): Q2 EPS of $0.51 beats by $0.01. Revenue of $537.1M (+6.2% Y/Y) misses by $11M. Shares +0.8% AH. (PR) Comment! [Earnings]
Monday, June 18, 2012, 5:20 PM Steel stocks (X -3.2%) stumbled today after AK Steel (AKS -2.8%) issued downward guidance and Jefferies lowered steel price/demand forecasts, earnings estimates and target prices. Though steel share valuations have already suffered, the firm expects trends to remain weak and prefers more defensive stocks within the group: WOR, RS, NUE, MUSA. Comment! [Commodities, Quick Ideas]

The Wall Street Transcript
Reliance Steel & Aluminum ($RS) to Add $2 Billion of Annual Sales with Acquisition of Metals USA Holdings Corp ($MUSA)- http://su.pr/2dRfEL
Apr 18, 4:36 PM
Reply

• !Report Abuse
View all 0 replies
Add a reply...

140 characters

ltfinger
SELL (ARM 3T Trend Analysis): $AON, $BMY, $BRY, $CAJ, $CHKP, $CRZO, $DOV, $GD, $HRS, $JAH, $MMM, $MUSA, $NFLX, $NS, $PLL, $PNR, $QCOR
Mar 4, 8:19 PM
Reply

• !Report Abuse
View all 0 replies
Add a reply...

140 characters

Dividend Sheet
$JNJ $MHFI $MUSA and $DK are the only stocks going ex-dividend tomorrow - http://stks.co/iMRK
Feb 21, 4:03 AM
Reply

• !Report Abuse
View all 0 replies
Add a reply...

140 characters

steve goff
Schwab $SCHW is cheap here. So is Metals Holdings $MUSA and $TUC < The now and 4 sure future 'USA living in apartment must do laundry play.'
10/25/11
Reply

• !Report Abuse
View all 0 replies
Add a reply...

140 characters

LATEST REPLIES

MUSA Metals USA Holdings Corp.

MUSA

Metals USA Holdings Corp.