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GNA [NYSE]
Gerdau Ameristeel Corp.
Basic Materials - Steel & Iron - USA
Index- P/E- EPS (ttm)-3.35 Insider Own67.99% Shs Outstand433.31M Perf Week-5.20%
Market Cap3.24B Forward P/E11.49 EPS next Y0.65 Insider Trans- Shs Float138.70M Perf Month-16.16%
Income-1445.04M PEG- EPS next Q0.02 Inst Own20.83% Short Float4.21% Perf Quarter-4.23%
Sales4.66B P/S0.70 EPS this Y-182.18% Inst Trans4.17% Short Ratio6.32 Perf Half Y4.04%
Book/sh6.64 P/B1.12 EPS next Y344.00% ROA-18.16% Target Price9.59 Perf Year5.96%
Cash/sh1.89 P/C3.94 EPS next 5Y13.00% ROE-39.49% 52W Range2.98 - 9.66 Perf YTD-9.45%
Dividend- P/FCF3.34 EPS past 5Y21.52% ROI-19.94% 52W High-22.67% Beta2.38
Dividend %- Quick Ratio3.28 Sales past 5Y36.33% Gross Margin11.73% 52W Low150.67% ATR0.40
Employees10951 Current Ratio5.24 Sales Q/Q-54.42% Oper. Margin-30.19% RSI (14)39.00 Volatility5.77% 4.99%
OptionableYes Debt/Eq0.92 EPS Q/Q-108.02% Profit Margin-31.03% Rel Volume1.25 Prev Close7.07
ShortableYes LT Debt/Eq0.92 EarningsFeb 25 BMO Payout- Avg Volume924.30K Price7.47
Recom2.80 SMA20-9.46% SMA50-9.95% SMA2000.45% Volume1,159,017 Change5.66%
06-Nov-09Upgrade Longbow Sell → Neutral
01-Sep-09Upgrade Credit Suisse Underperform → Outperform
20-Jul-09Downgrade Longbow Neutral → Sell $5
21-Apr-09Upgrade CIBC Wrld Mkts Sector Perform → Sector Outperform
20-Feb-09Downgrade KeyBanc Capital Mkts Buy → Hold $14
16-Jan-09Reiterated KeyBanc Capital Mkts Buy $11 → $10
06-Nov-08Downgrade Longbow Buy → Neutral
23-Sep-08Reiterated Longbow Buy $20 → $16
07-Aug-08Upgrade KeyBanc Capital Mkts Hold → Buy $19
23-May-08Reiterated Deutsche Securities Hold $15 → $18
20-May-08Initiated Citigroup Buy $21
16-May-08Downgrade CIBC Wrld Mkts Sector Outperform → Sector Perform
13-May-08Downgrade KeyBanc Capital Mkts Buy → Hold
09-May-08Initiated Longbow Buy $20
26-Feb-08Downgrade UBS Buy → Neutral
14-Feb-08Reiterated Deutsche Securities Hold $12 → $13
17-Jan-08Downgrade KeyBanc Capital Mkts Aggressive Buy → Buy $18 → $15
19-Nov-07Upgrade BMO Capital Markets Market Perform → Outperform
13-Nov-07Initiated Banc of America Sec Buy $15
05-Nov-07Upgrade CIBC Wrld Mkts Sector Perform → Sector Outperform $15.50 → $16.50
09-Feb-10 03:23PM  Steel Prices Remain Strong Heading into Spring at Seeking Alpha +5.66%
08-Feb-10 02:11PM  10% Free Cash Flow Yield Makes Freeport (FCX) A Top Stock Pick According To Deutsche Bank Head Of Metals Research Wall Street Transcript
09:18AM  January ISM Survey: Fundamentals Stay Weak but Hope Springs Eternal at Seeking Alpha
05-Feb-10 04:08PM  February Steel Scrap Prices: Flat for the First Time in Eight Months at Seeking Alpha
04-Feb-10 05:05PM  Gerdaus Champions Arch displayed for Super Bowl in Miami at bizjournals.com -5.57%
04:15PM  Notice of Gerdau Ameristeel 2009 Year End conference call PR Newswire
04:09PM  China Leads January Surge in Steel Import Licenses at Seeking Alpha
03-Feb-10 05:43PM  Steel Dynamics Off 4% on Q4 EPS Miss at Barrons.com
10:56AM  Steel Shares Take a Tumble in January at Seeking Alpha
02-Feb-10 10:15AM  Steel Prices Fall but Continue Strong at Seeking Alpha
22-Jan-10 02:01PM  Another Slide in Chinese Steel Production at Seeking Alpha
21-Jan-10 10:30AM  Architecture Billings Index Ends 2009 with Slight Gain at Seeking Alpha -5.81%
20-Jan-10 03:51PM  Steel Prices Rising in the West as China Plunges at Seeking Alpha
19-Jan-10 04:54PM  Bad News for Steel: Inventories up in December at Seeking Alpha
09:09AM  UPDATE - Deutsche Bank upgrades U.S. Steel to buy at Reuters
08-Jan-10 04:10PM  Gerdau Ameristeel Announces Deferral of Early Adoption of International Financial Reporting Standards PR Newswire
07-Jan-10 05:02PM  InPlay: Gerdau Ameristeel sand springs mill to remain idled Briefing.com
05:02PM  Gerdau Ameristeel Sand Springs Mill to remain idled CNW Group
30-Dec-09 05:03PM  U.S. Steel, Nucor Rise on ITC China Ruling at Barrons.com
22-Dec-09 04:21PM  Gerdau Ameristeel shrinks $950M line of credit AP
10:05AM  Gerdau Ameristeel cuts debt at bizjournals.com
21-Dec-09 06:00PM  Gerdau Ameristeel Announces New $650 Million Credit Facility and $300 Million Debt Prepayment PR Newswire
17-Dec-09 07:17AM  Why Steel Makers Are on an Earnings Watch at Seeking Alpha
16-Dec-09 09:20AM  Nucor Sees Q4 Below Estimates as Steel Production Slips at Barrons.com
14-Dec-09 09:20AM  Is Your CEO Really Earning A Bonus? at Investopedia
05:22AM  Which Steel Is the Most Solid? at Seeking Alpha
07-Dec-09 07:53PM  Lightning Round OT: S1, Taseko Mines and More at CNBC
30-Nov-09 04:23PM  Gerdau Ameristeel to Present at the Goldman Sachs Fifth Annual Global Steel Conference PR Newswire
24-Nov-09 04:15PM  Gerdau Ameristeel Announces $610 Million Refinancing PR Newswire
08-Nov-09 09:19AM  New Star Analyst Rankings for GERDAU AMERISTEEL CP StarMine
06-Nov-09 09:03AM  Gerdau AmeriSteel upgraded by Longbow Briefing.com
05-Nov-09 01:15PM  Gerdau Ameristeel posts strong adjusted 3Q results AP +8.22%
07:15AM  Gerdau Ameristeel Announces 2009 Third Quarter Results PR Newswire
07:07AM  Q3 2009 Gerdau AmeriSteel Corporation Earnings Release - Time Not Supplied CCBN
20-Oct-09 04:05PM  Notice of Gerdau Ameristeel 2009 third quarter conference call PR Newswire
19-Oct-09 01:05PM  International investment brings 37,000 jobs to Tampa Bay at bizjournals.com
22-Sep-09 06:55PM  Gerdau Ameristeel Reports Early Adoption of International Financial Reporting Standards for the Year Commencing January 1, 2009 PR Newswire
18-Sep-09 12:17PM  L.B. Foster gets $20.5M supply contract AP
17-Sep-09 08:00AM  [$$] Obama's Aims for Reform Are Noble but Tardy at RealMoney by TheStreet.com
09-Sep-09 01:33PM  A New Look At Nucor at Investopedia
31-Aug-09 04:10PM  Gerdau Ameristeel Announces Completion of 10 3/8% Senior Notes Redemption PR Newswire
28-Aug-09 02:05PM  Gerdau reaches agreement with union at bizjournals.com
08:55AM  Gerdau Ameristeel Reaches Idling Agreement with the USW at the Company's Sand Springs Mill PR Newswire
19-Aug-09 09:05AM  Ahead of the Bell: Steel Sector AP
07-Aug-09 07:05AM  Non-cash charge, Canadian dollar prompts Gerdau 2Q loss at bizjournals.com
06-Aug-09 08:35AM  Gerdau Ameristeel Announces 2009 Second Quarter Results PR Newswire
07:07AM  Q2 2009 Gerdau AmeriSteel Corporation Earnings Release - Before Market Open CCBN
29-Jul-09 07:00AM  China's Massive Stimulus and U.S. Steel Companies Morningstar.com
28-Jul-09 01:06PM  Shares of Gerdau AmeriSteel fall on downgrade AP
23-Jul-09 12:37PM  UPDATE - Steel Dynamics says Q3 outlook could improve slightly at Reuters
20-Jul-09 04:00PM  Notice of Gerdau Ameristeel 2009 second quarter conference call PR Newswire
08:09AM  Analyst Picks and Pans: Google, Steel Stocks at BusinessWeek
17-Jul-09 05:32PM  Gerdau Ameristeel to buy back $405M in notes AP
04:54PM  Gerdau Ameristeel Announces Intention to Redeem its 10 3/8% Senior Notes due at 2011 PR Newswire
08:21AM  Ahead of the Bell: Steel recovery seen AP
07:21AM  TheFortuneFinancial.com Free Market Research on SLM, UMC, CBS, AMX, DAL and GNA Marketwire
14-Jul-09 12:08PM  PREVIEW-Tumbling steel prices to weigh on Worthington's Q4 at Reuters
24-Jun-09 12:40PM  Nucor CEO sees years of weak demand AP
23-Jun-09 03:06PM  Steel producers confirm output beginning to rise AP
22-Jun-09 12:39PM  Gerdau Ameristeel amends covenants of $2.6B loan AP -11.49%
09:26AM  Gerdau Ameristeel Announces Amendment of Term Loan PR Newswire
10-Jun-09 02:23PM  This Just In: Upgrades and Downgrades at Motley Fool
06:53AM  Gerdau Ameristeel Downgraded Due to Price Appreciation, Reduced Production - Desjardins at Seeking Alpha
08-Jun-09 05:40PM  Gerdau idles, closes NJ steel plants AP
04:59PM  Gerdau Ameristeel Announces Suspension of Production and Mill Closure PR Newswire
04:59PM  Gerdau Ameristeel Announces Suspension of Production and Mill Closure CNW Group
20-May-09 02:54PM  Steel Stocks Spike On Manufacturing Data at TheStreet.com
11-May-09 12:17PM  Gerdau Ameristeel Announces Details of Annual Meeting of Shareholders PR Newswire
12:17PM  Gerdau Ameristeel Announces Details of Annual Meeting of Shareholders CNW Group
07-May-09 05:05PM  Global liquidity crisis hits Gerdau Ameristeel financials at bizjournals.com
10:01AM  UPDATE - Gerdau AmeriSteel posts Q1 loss, suspends dividend at Reuters
08:15AM  Gerdau Ameristeel Announces 2009 First Quarter Results PR Newswire
08:15AM  Gerdau Ameristeel Announces 2009 First Quarter Results CNW Group
07:07AM  Q1 2009 Gerdau AmeriSteel Corporation Earnings Release - Before Market Open CCBN
04-May-09 12:57PM  Steel shares rise as analyst points to spending AP +16.85%
28-Apr-09 08:15AM  Notice of Gerdau Ameristeel 2009 first quarter conference call PR Newswire
16-Apr-09 09:04AM  GERDAU AMERISTEEL CORP Financials EDGAR Online Financials
13-Apr-09 08:58AM  [video] Cramer: Pick Metals Carefully at TheStreet.com +9.41%
06-Apr-09 10:12AM  UPDATE - Deutsche Bank cuts Ternium, Gerdau ADRs to sell at Reuters
07:44AM  Ternium, Gerdau cut to sell by Deutsche in steel note at MarketWatch
02-Apr-09 01:24PM  Today's 5-Star Movers at Motley Fool +13.10%
30-Mar-09 02:35PM  Steel shares fall on declining demand, prices AP -8.96%
18-Mar-09 05:01AM  [$$] Bumping Up Against Resistance at RealMoney by TheStreet.com
16-Mar-09 02:18PM  The Next Million-Dollar Penny Stock at Motley Fool
12-Mar-09 12:29PM  Sector Snap: Steel producer shares tumble AP
23-Feb-09 03:38PM  Steel declines as too much output threatens prices AP -9.86%
20-Feb-09 06:12PM  Combo Values: Dividends Plus Low Price at Investopedia -7.99%
06:12PM  TSC Ratings' Updates: Apache at TheStreet.com
01:13PM  Gerdau Ameristeel posts 4Q, 2008 losses AP
19-Feb-09 09:17AM  Gerdau Ameristeel Announces 2008 Fourth Quarter and Year End Results PR Newswire -5.65%
07:07AM  Q4 2008 Gerdau AmeriSteel Corporation Earnings Release - Before Market Open CCBN
16-Feb-09 03:30PM  Notice of Gerdau Ameristeel 2008 Year End conference call PR Newswire
06-Feb-09 10:26AM  Brazil Reacts to Steel News in US Zacks.com +8.12%
02-Jan-09 03:34PM  Fitch: Global steel demand muted until midyear AP +9.29%
23-Dec-08 03:47PM  Sector Snap: Tough '09 seen for domestic steel cos AP
02:24PM  Moody's issues negative steel industry outlook AP
12-Dec-08 01:49PM  Steel Dynamics, Insteel Industries see quarterly loss at Reuters
09:36AM  Premarket roundup: Steel companies, Caterpillar AP
09:21AM  Ahead of the Bell: Steel stocks fall AP
05-Dec-08 10:30AM  A Rap on a Paper's Wrapper at Motley Fool
Gerdau Ameristeel Corporation operates as a mini-mill steel producer primarily in the United States and Canada. It operates through two segments, Mini-mills and Downstream. The Mini-mills segment manufactures and markets a range of steel products, including reinforcing steel bar (rebar), merchant bars, structural shapes, beams, special sections, and coiled wire rod (rod). This segment also produces rebar, merchant, rod, and SBQ products. The Downstream segment provides rebar fabrication and epoxy coating, railroad spike operations, and cold drawn products, as well as engages in super light beam processing. This segment also produces elevator guide rails, grinding balls, wire mesh, and wire drawing. The company sells its products to steel service centers, steel fabricators, and original equipment manufacturers for use in various industries comprising construction, mining, automotive, commercial, cellular and electrical transmission, metal building manufacturing, and equipment manufacturing. It was formerly known as Co-Steel Inc. and changed its name to Gerdau Ameristeel Corporation in October 2002. The company was founded in 1970 and is based in Tampa, Florida. Gerdau Ameristeel Corporation is a subsidiary of Gerdau S.A.