Is Schnitzer Steel Industries, Inc. (SCHN) Stock Worth a Buy Monday?

Schnitzer Steel Industries, Inc. (SCHN) stock has gained 62.09% over the last 12 months, and the average rating from Wall Street analysts is a Buy. InvestorsObserver’s proprietary ranking system, gives SCHN stock a score of 71 out of a possible 100.
That rank is primarily influenced by a long-term technical score of 76. SCHN’s rank also includes a short-term technical score of 74. The fundamental score for SCHN is 64. In addition to the average rating from Wall Street analysts, SCHN stock has a mean target price of $81.00. This means analysts expect the stock to add 70.96% over the next 12 months.

What’s Happening with SCHN Stock Today
Schnitzer Steel Industries, Inc. (SCHN) stock is down -3.13% while the S&P 500 is lower by -0.76% as of 11:46 AM on Monday, Dec 13. SCHN is lower by -$1.53 from the previous closing price of $48.91 on volume of 102,876 shares. Over the past year the S&P 500 has gained 28.20% while SCHN has gained 62.09%. SCHN earned $5.66 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 8.37.
Click Here to get the full Stock Report for Schnitzer Steel Industries, Inc. stock.
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