Analysts See $0.69 EPS for NVIDIA (NVDA), Olympic Steel (ZEUS) Sellers Decreased By 26% Their Shorts

July 18, 2017 - By Darrin Black

Olympic Steel Incorporated (NASDAQ:ZEUS) had a decrease of 26% in short interest. ZEUS’s SI was 274,900 shares in July as released by FINRA. Its down 26% from 371,500 shares previously. With 255,500 avg volume, 1 days are for Olympic Steel Incorporated (NASDAQ:ZEUS)’s short sellers to cover ZEUS’s short positions. The SI to Olympic Steel Incorporated’s float is 3.02%. The stock increased 2.57% or $0.49 during the last trading session, reaching $19.54. About shares traded. Olympic Steel, Inc. (NASDAQ:ZEUS) has declined 22.41% since July 18, 2016 and is downtrending. It has underperformed by 39.11% the S&P500.

Analysts expect NVIDIA Corporation (NASDAQ:NVDA) to report $0.69 EPS on August, 10.They anticipate $0.25 EPS change or 56.82% from last quarter’s $0.44 EPS. NVDA’s profit would be $426.80 million giving it 58.79 P/E if the $0.69 EPS is correct. After having $0.82 EPS previously, NVIDIA Corporation’s analysts see -15.85% EPS growth. About 53,404 shares traded. NVIDIA Corporation (NASDAQ:NVDA) has risen 212.28% since July 18, 2016 and is uptrending. It has outperformed by 195.58% the S&P500.

Among 3 analysts covering Olympic Steel Inc (NASDAQ:ZEUS), 2 have Buy rating, 0 Sell and 1 Hold. Therefore 67% are positive. Olympic Steel Inc had 13 analyst reports since July 22, 2015 according to SRatingsIntel. Jefferies downgraded it to “Hold” rating and $16 target in Monday, March 21 report. The company was upgraded on Monday, September 19 by KeyBanc Capital Markets. The stock has “Neutral” rating by Macquarie Research on Tuesday, November 8. Jefferies upgraded the stock to “Buy” rating in Monday, August 24 report. The stock of Olympic Steel, Inc. (NASDAQ:ZEUS) earned “Buy” rating by Jefferies on Wednesday, January 13. KeyBanc Capital Markets upgraded the shares of ZEUS in report on Monday, January 9 to “Overweight” rating. KeyBanc Capital Markets downgraded the shares of ZEUS in report on Monday, September 21 to “Sector Weight” rating. Macquarie Research upgraded Olympic Steel, Inc. (NASDAQ:ZEUS) on Tuesday, March 14 to “Outperform” rating. The company was maintained on Thursday, July 6 by Jefferies. Jefferies maintained it with “Hold” rating and $2100 target in Friday, June 2 report.

Olympic Steel, Inc. is a metals service center. The company has market cap of $215.59 million. The Firm provides metals processing and distribution services for a range of customers. It has a 30.08 P/E ratio. The Firm operates through three divisions: carbon flat products, specialty metals flat products, and tubular and pipe products.

Since March 7, 2017, it had 7 insider purchases, and 0 selling transactions for $205,049 activity. 900 shares were bought by Della Ratta Ralph M Jr, worth $19,187. MARABITO RICHARD T also bought $9,934 worth of Olympic Steel, Inc. (NASDAQ:ZEUS) on Tuesday, May 16. Anton Arthur F bought $40,000 worth of stock or 2,000 shares. On Friday, May 12 Rippey Michael G bought $25,650 worth of Olympic Steel, Inc. (NASDAQ:ZEUS) or 1,500 shares.

Investors sentiment increased to 1.23 in Q4 2016. Its up 0.09, from 1.14 in 2016Q3. It increased, as 9 investors sold Olympic Steel, Inc. shares while 38 reduced holdings. 23 funds opened positions while 35 raised stakes. 8.01 million shares or 0.81% less from 8.08 million shares in 2016Q3 were reported. Dimensional Fund Advsrs Limited Partnership has 0.01% invested in Olympic Steel, Inc. (NASDAQ:ZEUS) for 922,680 shares. Morgan Stanley holds 197,903 shares or 0% of its portfolio. Gsa Cap Ptnrs Llp invested in 63,200 shares. Metropolitan Life Insurance Communication has invested 0% of its portfolio in Olympic Steel, Inc. (NASDAQ:ZEUS). Renaissance Technologies Limited holds 0.01% in Olympic Steel, Inc. (NASDAQ:ZEUS) or 194,500 shares. Prelude Cap Mngmt Limited Liability has invested 0.02% of its portfolio in Olympic Steel, Inc. (NASDAQ:ZEUS). Balyasny Asset Ltd Liability Company owns 84,273 shares or 0.01% of their US portfolio. 980 were accumulated by State Of Alaska Department Of Revenue. Goldman Sachs Gp has 0% invested in Olympic Steel, Inc. (NASDAQ:ZEUS). Capstone Asset Mgmt, Texas-based fund reported 10,566 shares. Riverhead Capital Mngmt Ltd invested 0% in Olympic Steel, Inc. (NASDAQ:ZEUS). Pinebridge Invs Lp has 0% invested in Olympic Steel, Inc. (NASDAQ:ZEUS) for 1,156 shares. Bogle Management Limited Partnership De holds 16,943 shares. Citadel Advsrs holds 8,288 shares or 0% of its portfolio. Invesco Ltd owns 0% invested in Olympic Steel, Inc. (NASDAQ:ZEUS) for 105,169 shares.

Among 41 analysts covering Nvidia Corporation (NASDAQ:NVDA), 22 have Buy rating, 4 Sell and 15 Hold. Therefore 54% are positive. Nvidia Corporation had 125 analyst reports since August 3, 2015 according to SRatingsIntel. The firm has “Buy” rating by Citigroup given on Wednesday, November 2. The company was initiated on Tuesday, December 13 by Loop Capital. BMO Capital Markets downgraded the shares of NVDA in report on Friday, February 24 to “Underperform” rating. The firm earned “Hold” rating on Tuesday, November 3 by Needham. The firm has “Buy” rating given on Tuesday, October 25 by B. Riley & Co. The company was reinitiated on Friday, August 28 by RBC Capital Markets. The stock has “Buy” rating by RBC Capital Markets on Wednesday, July 12. Roth Capital downgraded NVIDIA Corporation (NASDAQ:NVDA) on Monday, February 6 to “Neutral” rating. M Partners maintained NVIDIA Corporation (NASDAQ:NVDA) on Wednesday, November 4 with “Neutral” rating. The rating was upgraded by Nomura on Monday, June 13 to “Buy”.

Investors sentiment decreased to 0.81 in Q4 2016. Its down 0.31, from 1.12 in 2016Q3. It dropped, as 69 investors sold NVIDIA Corporation shares while 306 reduced holdings. 121 funds opened positions while 183 raised stakes. 423.47 million shares or 3.26% less from 437.73 million shares in 2016Q3 were reported. Moreover, Ameriprise Inc has 0.21% invested in NVIDIA Corporation (NASDAQ:NVDA) for 3.59M shares. Citadel Advisors Ltd invested 0.02% of its portfolio in NVIDIA Corporation (NASDAQ:NVDA). Stratos Wealth Prtn Ltd reported 0.04% in NVIDIA Corporation (NASDAQ:NVDA). Sandy Spring Bank invested 0.01% in NVIDIA Corporation (NASDAQ:NVDA). Credit Agricole S A stated it has 1.10M shares or 0.38% of all its holdings. Argent Trust Company holds 3,740 shares. Northwestern Mutual Wealth Mngmt has invested 0.01% in NVIDIA Corporation (NASDAQ:NVDA). Marshall Wace Llp has 88,398 shares for 0.06% of their portfolio. The Kentucky-based Teachers Retirement Of The State Of Kentucky has invested 0.36% in NVIDIA Corporation (NASDAQ:NVDA). Beck Capital Limited Liability Company invested in 3.19% or 53,252 shares. Vident Investment Advisory has invested 0.15% in NVIDIA Corporation (NASDAQ:NVDA). 29,349 are owned by Sumitomo Life Ins. 104,233 were reported by Public Employees Retirement Association Of Colorado. Hartford Mngmt invested 0.28% in NVIDIA Corporation (NASDAQ:NVDA). Shelton Mngmt invested 0.37% in NVIDIA Corporation (NASDAQ:NVDA).