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NYSE:SPLP

Steel Partners (SPLP) Stock Price, News & Analysis

$39.05
+0.02 (+0.05%)
(As of 10/4/2024 08:51 PM ET)

About Steel Partners Stock (NYSE:SPLP)

Key Stats

Today's Range
$39.05
$39.30
50-Day Range
$35.01
$42.00
52-Week Range
$33.12
$43.51
Volume
1,000 shs
Average Volume
5,560 shs
Market Capitalization
$796.35 million
P/E Ratio
5.72
Dividend Yield
N/A
Price Target
N/A
Consensus Rating
N/A

Company Overview

Steel Partners Holdings L.P., together with its subsidiaries, engages in industrial products, energy, banking, defense, supply chain management, logistics, and youth sports businesses worldwide. It operates through Diversified Industrial, Energy, Financial Services, and Supply Chain segments. The company fabricates precious metals and alloys into brazing alloys; manufactures and sells seamless stainless steel tubing coils; fasteners, adhesives, and fastening systems for the commercial low slope roofing industry, as well as specialty fasteners for the building products industry; and woven substrates of fiberglass, quartz, carbon, and aramid materials for specialty applications. It also designs, manufactures, and markets power electronics and protection, motion control, power quality electromagnetic equipment, custom ball-screws, and gears and gearboxes used in medical, commercial and military aerospace, computer, datacom, industrial, specialty LED lighting, test and measurement, and telecom applications. In addition, the company provides meat-room blade products, repair services, and distributed products for the meat and deli departments of supermarkets, restaurants, and meat and fish processing plants, as well as for electrical saws and cutting equipment distributors; cutting blades for bakeries; and wood cutting blade products for the pallet manufacturing, pallet recycler, and portable saw mill industries. Further, it manufactures and distributes coated, laminated and metallized films for imaging, aerospace, insulation and solar photo-voltaic markets; originates and funds consumer and small business loans; issues credit cards; takes deposits; participates in syndicated commercial and industrial, and asset based credit facilities and securitizations; and offers drilling and production services to the oil and gas industry. Steel Partners Holdings GP Inc. serves as the general partner of the company. The company was founded in 1990 and is based in New York, New York.

Steel Partners Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
63rd Percentile Overall Score

SPLP MarketRank™: 

Steel Partners scored higher than 63% of companies evaluated by MarketBeat, and ranked 13th out of 26 stocks in the multi-sector conglomerates sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Steel Partners is 5.72, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 128.83.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Steel Partners is 5.72, which means that it is trading at a less expensive P/E ratio than the Multi-Sector Conglomerates sector average P/E ratio of about 7.59.

  • Price to Book Value per Share Ratio

    Steel Partners has a P/B Ratio of 0.83. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

  • Read more about Steel Partners' valuation and earnings.
  • Percentage of Shares Shorted

    0.10% of the float of Steel Partners has been sold short.
  • Short Interest Ratio / Days to Cover

    Steel Partners has a short interest ratio ("days to cover") of 2.6, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Steel Partners has recently decreased by 6.38%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    Steel Partners does not currently pay a dividend.

  • Dividend Growth

    Steel Partners does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Steel Partners is 5.49%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Read more about Steel Partners' dividend.
  • Percentage of Shares Shorted

    0.10% of the float of Steel Partners has been sold short.
  • Short Interest Ratio / Days to Cover

    Steel Partners has a short interest ratio ("days to cover") of 2.6, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Steel Partners has recently decreased by 6.38%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    Steel Partners has a news sentiment score of 0.34. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.45 average news sentiment score of Multi-Sector Conglomerates companies.
  • News Coverage This Week

    MarketBeat has tracked 4 news articles for Steel Partners this week, compared to 1 article on an average week.
  • Insider Buying vs. Insider Selling

    In the past three months, Steel Partners insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    79.20% of the stock of Steel Partners is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    50.75% of the stock of Steel Partners is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Steel Partners' insider trading history.
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SPLP Stock News Headlines

Steel Partners (NYSE:SPLP) Coverage Initiated at StockNews.com
Steel Partners (NYSE:SPLP) Shares Gap Down - Here's What Happened
New September Stock Warning
September is the most volatile month of the year for stocks. And after the brutal tech selloff, one Wall Street veteran, who served more than 50 years alongside the likes of Paul Tudor Jones and George Soros, just announced: "This is only the beginning."
Steel Partners (NYSE:SPLP) Stock Price Down 3.6%
Steel Partners (NYSE:SPLP) Shares Gap Down to $41.50
See More Headlines

SPLP Stock Analysis - Frequently Asked Questions

Steel Partners' stock was trading at $40.00 at the beginning of the year. Since then, SPLP stock has decreased by 2.4% and is now trading at $39.05.
View the best growth stocks for 2024 here
.

Steel Partners Holdings L.P. (NYSE:SPLP) announced its earnings results on Wednesday, August, 7th. The conglomerate reported $4.85 earnings per share for the quarter. The conglomerate earned $533.16 million during the quarter. Steel Partners had a trailing twelve-month return on equity of 21.44% and a net margin of 11.04%.

Steel Partners shares reverse split on the morning of Friday, January 12th 2024. The 1-12500 reverse split was announced on Friday, January 12th 2024. The number of shares owned by shareholders was adjusted after the market closes on Friday, January 12th 2024. An investor that had 100 shares of stock prior to the reverse split would have 0 shares after the split.

Shares of SPLP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Steel Partners investors own include Teekay LNG Partners (TGP), Vermilion Energy (VET), Enbridge (ENB), Enterprise Products Partners (EPD), Energy Transfer (ET), Iron Mountain (IRM) and

Company Calendar

Last Earnings
8/07/2024
Today
10/07/2024
Next Earnings (Estimated)
11/14/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Miscellaneous primary metal products
Sub-Industry
Steel Works
Employees
5,100
Year Founded
N/A

Profitability

Net Income
$150.83 million
Pretax Margin
9.21%

Debt

Sales & Book Value

Annual Sales
$1.97 billion
Cash Flow
$9.28 per share
Book Value
$47.18 per share

Miscellaneous

Free Float
4,242,000
Market Cap
$796.35 million
Optionable
Not Optionable
Beta
1.35
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This page (NYSE:SPLP) was last updated on 10/7/2024 by MarketBeat.com Staff
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