Ampco-Pittsburgh (AP) Stock Price, News & Analysis

Company Overview

Ampco-Pittsburgh Corporation, together with its subsidiaries, engages in manufacture and sale of specialty metal products and customized equipment to commercial and industrial users worldwide. The company operates through Forged and Cast Engineered Products (FCEP); and Air and Liquid Processing (ALP) segments. The FCEP segment produces forged hardened steel rolls, cast rolls and, forged engineered products that are used in cold rolling mills by producers of steel, aluminum, and other metals; cast rolls for hot strip mills, medium/heavy section mills, roughing mills, and plate mills; and forged engineered products for narrow and wide strip and aluminum mills, back-up rolls for narrow strip mills, and leveling rolls and shafts. The ALP segment produces custom-engineered finned tube heat exchange coils and related heat transfer products for various industries, including OEM/commercial, nuclear power generation, and industrial manufacturing; custom-designed air handling systems for institutional, pharmaceutical, and general industrial building markets; and manufacture centrifugal pumps for the fossil fueled power generation, marine defense, and industrial refrigeration industries. Ampco-Pittsburgh Corporation was incorporated in 1929 and is headquartered in Carnegie, Pennsylvania.

Key Stats

• Today's Range: $1.63 to $1.79
• 50-Day Range: $1.66 to $2.29
• 52-Week Range: $0.74 to $2.89
• Volume: 66,394 shs
• Average Volume: 51,036 shs
• Market Capitalization: $33.35 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

Ampco-Pittsburgh Stock Analysis - MarketRank™

Ampco-Pittsburgh scored higher than 26% of companies evaluated by MarketBeat, and ranked 152nd out of 179 stocks in the industrial products sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Ampco-Pittsburgh.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Ampco-Pittsburgh is -0.73, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Ampco-Pittsburgh is -0.73, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Ampco-Pittsburgh has a P/B Ratio of 0.45. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

4.79% of the float of Ampco-Pittsburgh has been sold short.

Short Interest Ratio / Days to Cover

Ampco-Pittsburgh has a short interest ratio ("days to cover") of 8.1.

Change versus previous month

Short interest in Ampco-Pittsburgh has recently decreased by 8.63%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Ampco-Pittsburgh does not currently pay a dividend.

Dividend Growth

Ampco-Pittsburgh does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

4.79% of the float of Ampco-Pittsburgh has been sold short.

Short Interest Ratio / Days to Cover

Ampco-Pittsburgh has a short interest ratio ("days to cover") of 8.1.

Change versus previous month

Short interest in Ampco-Pittsburgh has recently decreased by 8.63%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 1.9 / 5
• News Sentiment: 0.36

News Sentiment

Ampco-Pittsburgh has a news sentiment score of 0.36. 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 0.71 average news sentiment score of Industrial Products companies.

News Coverage This Week

MarketBeat has tracked 5 news articles for Ampco-Pittsburgh this week, compared to 0 articles on an average week.

Search Interest

Only 3 people have searched for AP on MarketBeat in the last 30 days. This is a decrease of -40% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Ampco-Pittsburgh insiders have not sold or bought any company stock.

Percentage Held by Insiders

31.75% of the stock of Ampco-Pittsburgh is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

49.16% of the stock of Ampco-Pittsburgh is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

AP Stock Analysis - Frequently Asked Questions

How have AP shares performed this year?

Ampco-Pittsburgh's stock was trading at $2.73 at the beginning of the year. Since then, AP shares have decreased by 39.2% and is now trading at $1.66.
View the best growth stocks for 2024 here.

How were Ampco-Pittsburgh's earnings last quarter?

Ampco-Pittsburgh Co. (NYSE:AP) released its quarterly earnings data on Thursday, November, 4th. The industrial products company reported ($0.08) EPS for the quarter, missing analysts' consensus estimates of $0.03 by $0.11. The industrial products company earned $81.19 million during the quarter. Ampco-Pittsburgh had a negative net margin of 10.46% and a negative trailing twelve-month return on equity of 63.13%.

Who are Ampco-Pittsburgh's major shareholders?

Top institutional investors of Ampco-Pittsburgh include Geode Capital Management LLC (0.76%) and State Street Corp (0.37%). Insiders that own company stock include Louis Berkman Investment Co, Michael G Mcauley, Robert Demichiei, David George Anderson and Darrell L Mcnair.
View institutional ownership trends.

How do I buy shares of Ampco-Pittsburgh?

Shares of AP 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.

What other stocks do shareholders of Ampco-Pittsburgh own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Ampco-Pittsburgh investors own include Liberty Global (LBTYA), Energy Transfer (ET), Ford Motor (F), Applied Materials (AMAT), Bank of America (BAC), JPMorgan Chase & Co. (JPM) and Martin Midstream Partners (MMLP).

Company Calendar

• Last Earnings: 11/04/2021
• Today: 11/17/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 3/24/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Industrial Products
• Industry: Pumps & pumping equipment
• Sub-Industry: Industrial Machinery
• Current Symbol: NYSE:AP
• CUSIP: 03203710
• CIK: 6176
• Web: www.ampcopittsburgh.com
• Phone: (412) 456-4400
• Fax: 412-456-4404
• Employees: 1,697
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): ($2.26)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-39,930,000.00
• Net Margins: -10.46%
• Pretax Margin: -9.92%
• Return on Equity: -63.13%
• Return on Assets: -7.95%

Debt

• Debt-to-Equity Ratio: 1.57
• Current Ratio: 1.99
• Quick Ratio: 1.02

Sales & Book Value

• Annual Sales: $422.34 million
• Price / Sales: 0.08
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $3.67 per share
• Price / Book: 0.45

Miscellaneous

• Outstanding Shares: 20,090,000
• Free Float: 13,714,000
• Market Cap: $33.35 million
• Optionable: Optionable
• Beta: 0.86