Back to top
more

Legato Merger (ASTL)

(Real Time Quote from BATS)

$5.05 USD

5.05
76,310

-0.09 (-1.75%)

Updated Aug 4, 2025 11:04 AM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy23.75%
2Buy17.82%
3Hold9.58%
4Sell5.28%
5Strong Sell2.61%
S&P50011.30%

Zacks Rank Education - Learn about the Zacks Rank

Zacks Rank Home - Zacks Rank resources in one place

Zacks Premium - The only way to fully access the Zacks Rank

3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

  • Value Score A
  • Growth Score A
  • Momentum Score A
  • VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

Zacks Style Scores Education - Learn more about the Zacks Style Scores

C Value A Growth F Momentum B VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

Zacks Rank Education -- Learn more about the Zacks Rank
Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Bottom 19% (200 out of 246)

Industry: Steel - Producers

Zacks News

Zacks Equity Research

Algoma Steel Group Inc. (ASTL) Reports Q2 Loss, Beats Revenue Estimates

Legato Merger (ASTL) delivered earnings and revenue surprises of -64.44% and +0.15%, respectively, for the quarter ended June 2025. Do the numbers hold clues to what lies ahead for the stock?

Zacks Equity Research

Earnings Preview: Algoma Steel Group Inc. (ASTL) Q2 Earnings Expected to Decline

Legato Merger (ASTL) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Zacks Equity Research

Steel Dynamics (STLD) Q2 Earnings and Revenues Lag Estimates

Steel Dynamics (STLD) delivered earnings and revenue surprises of -1.95% and -1.34%, respectively, for the quarter ended June 2025. Do the numbers hold clues to what lies ahead for the stock?

Zacks Equity Research

Algoma Achieves First Steel Production at Unit One of EAF Project

ASTL begins steel production at Canada's largest industrial decarbonization project, launching its low-emission Volta product line.

Zacks Equity Research

Earnings Preview: United States Steel (X) Q1 Earnings Expected to Decline

U.S. Steel (X) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Zacks Equity Research

Algoma Steel Group Inc. (ASTL) Reports Q3 Loss, Tops Revenue Estimates

Legato Merger (ASTL) delivered earnings and revenue surprises of 37.14% and 4.72%, respectively, for the quarter ended December 2024. Do the numbers hold clues to what lies ahead for the stock?

Zacks Equity Research

Algoma Steel Group Issues Guidance for December Quarter

ASTL is well-positioned to benefit from improving fundamentals as conditions normalize.

David Bartosiak headshot

Bear of the Day: Commercial Metals (CMC)

Growth has been strong in this scrap metals company, but estimates for next year are well off the highs.

Zacks Equity Research

How Much Upside is Left in Legato Merger (ASTL)? Wall Street Analysts Think 57.8%

The average of price targets set by Wall Street analysts indicates a potential upside of 57.8% in Legato Merger (ASTL). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.

Zacks Equity Research

New Strong Sell Stocks for February 8th

AIRI, ASTL and BX have been added to the Zacks Rank #5 (Strong Sell) List on February 8, 2023.

Zacks Equity Research

New Strong Sell Stocks for January 26th

AAP, ASTL and BANR have been added to the Zacks Rank #5 (Strong Sell) List on January 26, 2023.

Zacks Equity Research

Algoma Steel (ASTL) Provides Guidance for Fiscal Q3 Results

Algoma Steel (ASTL) expects challenging third-quarter results due to soft demand, pricing issues from a UAW strike and seasonal maintenance.

Zacks Equity Research

Algoma Steel (ASTL) Extends Iron Ore Contract for EAF Transition

Algoma Steel (ASTL) extends its iron ore purchase contract with U.S. Steel for two years, supporting its transition to electric arc furnace steelmaking and commitment to sustainable steel production.

Zacks Equity Research

Algoma Steel's (ASTL) Q1 Earnings and Revenues Decline Y/Y

Algoma Steel's (ASTL) fiscal first-quarter earnings and revenues fall year over year. EAF project progresses.

Zacks Equity Research

Fortuna Silver Mines (FSM) Q2 Earnings and Revenues Lag Estimates

Fortuna (FSM) delivered earnings and revenue surprises of -80% and 2.82%, respectively, for the quarter ended June 2023. Do the numbers hold clues to what lies ahead for the stock?

Zacks Equity Research

L.B. Foster (FSTR) Beats Q2 Earnings and Revenue Estimates

L.B. Foster (FSTR) delivered earnings and revenue surprises of 14.29% and 5.24%, respectively, for the quarter ended June 2023. Do the numbers hold clues to what lies ahead for the stock?

Zacks Equity Research

Haynes International (HAYN) Q3 Earnings and Revenues Top Estimates

Haynes International (HAYN) delivered earnings and revenue surprises of 1.49% and 0.64%, respectively, for the quarter ended June 2023. Do the numbers hold clues to what lies ahead for the stock?

Zacks Equity Research

Earnings Preview: Algoma Steel Group Inc. (ASTL) Q1 Earnings Expected to Decline

Algoma Steel Group Inc. (ASTL) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Zacks Equity Research

Nucor (NUE) Surpasses Q2 Earnings Estimates

Nucor (NUE) delivered earnings and revenue surprises of 3.94% and 2.16%, respectively, for the quarter ended June 2023. Do the numbers hold clues to what lies ahead for the stock?

Zacks Equity Research

Are Options Traders Betting on a Big Move in Algoma Steel (ASTL) Stock?

Investors need to pay close attention to Algoma Steel (ASTL) stock based on the movements in the options market lately.

Zacks Equity Research

Zacks Industry Outlook Highlights Commercial Metals, TimkenSteel, Algoma Steel and Universal Stainless & Alloy

Commercial Metals, TimkenSteel, Algoma Steel and Universal Stainless & Alloy have been highlighted in this Industry Outlook article.

Anindya Barman headshot

4 Top Steel Producer Stocks to Buy From a Promising Industry

The automotive demand recovery, strength in non-residential construction and rebounding steel prices should enable the Zacks Steel Producers industry to thrive. CMC, TMST, ASTL and USAP are set to gain from favorable industry fundamentals.

Zacks Equity Research

Algoma Steel Group Inc. (ASTL) Reports Q4 Loss, Tops Revenue Estimates

Algoma Steel Group Inc. (ASTL) delivered earnings and revenue surprises of -1,500% and 5.12%, respectively, for the quarter ended March 2023. Do the numbers hold clues to what lies ahead for the stock?

Zacks Equity Research

Is Legato Merger (ASTL) Stock Undervalued Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Zacks Equity Research

Silvercorp (SVM) Matches Q4 Earnings Estimates

Silvercorp (SVM) delivered earnings and revenue surprises of 0% and 2.54%, respectively, for the quarter ended March 2023. Do the numbers hold clues to what lies ahead for the stock?