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- Market Cap.:
- $99.47 million
- Book Value:
- Revenue TTM:
- $428.26 million
- Operating Margin TTM:
- Gross Profit TTM:
- $60.77 million
- Profit Margin:
- Return on Assets TTM:
- Return on Equity TTM:
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.
Shares of Synalloy Corporation opened at $8.99 at the start of the last trading session i.e. 2023-03-28.
The stocks traded within a range of $8.99 - $9.38, and closed at $9.26.
This is a +4.28% increase from the previous day's closing price.
A total volume of 3,192 shares were traded at the close of the day’s session.
In the last one week, shares of Synalloy Corporation have increased by +1.42%.
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
- Trailing PE
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
- Capital Expenditure
- $1.14 million
- Dividend Payout Ratio
Synalloy Corporation ended 2023 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 2023 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 2023, 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 2023.
Other key metrics
- Current Trading Price
- 52-Week High
- 52-Week Low
- Analyst Target Price
Synalloy Corporation stock is currently trading at $9.26 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 $10.25 and 200-day moving average was $12.59 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.
Frequently Asked Questions About Synalloy Corporation
Similar Industry Stocks (Steel)
Ascent Industries Co. an industrials company, focuses on the production and distribution of industrial tubular products and specialty chemicals in the United States and internationally. It manufactures welded pipes and tubes, primarily from stainless steel, duplex, and nickel alloys; and galvanized carbon tubes, as well as related stainless pipe products. The company also manufactures ornamental stainless-steel tubes for supply to the automotive, commercial transportation, marine, food services, construction, furniture, healthcare, and other industries; provides fiberglass and steel storage tanks for the oil and gas, waste water treatment, and municipal water industries; and distributes hot finish, seamless, carbon steel pipes, and tubes for use in mechanical and high-pressure applications in the oil and gas, heavy industrial, construction equipment, and chemical and other industries. In addition, it produces defoamers, surfactants, and lubricating agents for end users, including companies that supply agrochemical paper, metal working, coatings, water treatment, paint, mining, oil and gas, and janitorial and other applications. Further, the company provides contract manufacturing services, as well as operates as a multi-purpose plant to process various difficult to handle materials, including flammable solvents, viscous liquids, and granular solids. The company was formerly known as Synalloy Corporation and changed its name to Ascent Industries Co. in August 2022. Ascent Industries Co. was founded in 1945 and is headquartered in Oak Brook, Illinois.