Synalloy Corporation

Company Profile

Synalloy Corporation had its IPO on 1991-12-03 under the ticker symbol ACNT.

The company operates in the Basic Materials sector and Steel industry. Synalloy Corporation has a staff strength of 638 employees.

Stock update

Shares of Synalloy Corporation opened at $7.69 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $7.69 - $8.79, and closed at $8.58.

This is a +0.59% increase from the previous day's closing price.

A total volume of 10,283 shares were traded at the close of the day’s session.

In the last one week, shares of Synalloy Corporation have slipped by -11.64%.

Synalloy Corporation's Key Ratios

Synalloy Corporation has a market cap of $99.47 million, indicating a price to book ratio of 0.7886 and a price to sales ratio of 0.2436.

In the last 12-months Synalloy Corporation’s revenue was $428.26 million with a gross profit of $60.77 million and an EBITDA of $50.71 million. The EBITDA ratio measures Synalloy Corporation's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Synalloy Corporation’s operating margin was 9.08% while its return on assets stood at 9.29% with a return of equity of 26.35%.

In Q3, Synalloy Corporation’s quarterly earnings growth was a negative -93.1% while revenue growth was a positive 16.2%.

Synalloy Corporation’s PE and PEG Ratio

Forward PE

0

Trailing PE

3.3854

PEG

Its diluted EPS in the last 12-months stands at $2.88 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Synalloy Corporation’s profitability.

Synalloy Corporation stock is trading at a EV to sales ratio of 0.4964 and a EV to EBITDA ratio of 4.2976. Its price to sales ratio in the trailing 12-months stood at 0.2436.

Synalloy Corporation stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$299.44 million

Total Liabilities

$60.62 million

Operating Cash Flow

$-1137000.00

Capital Expenditure

$1.14 million

Dividend Payout Ratio

0%

Synalloy Corporation ended 2024 with $299.44 million in total assets and $0 in total liabilities. Its intangible assets were valued at $299.44 million while shareholder equity stood at $134.54 million.

Synalloy Corporation ended 2024 with $228000.00 in deferred long-term liabilities, $60.62 million in other current liabilities, 11085000.00 in common stock, $85.02 million in retained earnings and $11.43 million in goodwill. Its cash balance stood at $532000.00 and cash and short-term investments were $532000.00. The company’s total short-term debt was $4,375,000 while long-term debt stood at $70.13 million.

Synalloy Corporation’s total current assets stands at $199.12 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $55.59 million compared to accounts payable of $44.82 million and inventory worth $137.84 million.

In 2024, Synalloy Corporation's operating cash flow was $-1137000.00 while its capital expenditure stood at $1.14 million.

Comparatively, Synalloy Corporation paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$8.58

52-Week High

$19.2

52-Week Low

$8.12

Analyst Target Price

$

Synalloy Corporation stock is currently trading at $8.58 per share. It touched a 52-week high of $19.2 and a 52-week low of $19.2. Analysts tracking the stock have a 12-month average target price of $.

Its 50-day moving average was $9 and 200-day moving average was $9.65 The short ratio stood at 1.2 indicating a short percent outstanding of 0%.

Around 1326.4% of the company’s stock are held by insiders while 4308.1% are held by institutions.