Ampco Pittsburgh Stock Analysis

AP Stock  USD 2.11  0.09  4.09%   
Ampco Pittsburgh is undervalued with Real Value of 2.28 and Target Price of 5.0. The main objective of Ampco Pittsburgh stock analysis is to determine its intrinsic value, which is an estimate of what Ampco Pittsburgh is worth, separate from its market price. There are two main types of Ampco Pittsburgh's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Ampco Pittsburgh's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Ampco Pittsburgh's stock to identify patterns and trends that may indicate its future price movements.
The Ampco Pittsburgh stock is traded in the USA on New York Stock Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Ampco Pittsburgh is usually not traded on Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day, Juneteenth Holiday, Independence Day, Labour Day. Ampco Stock trading window is adjusted to America/New York timezone. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Ampco Pittsburgh's ongoing operational relationships across important fundamental and technical indicators.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ampco Pittsburgh. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
To learn how to invest in Ampco Stock, please use our How to Invest in Ampco Pittsburgh guide.

Ampco Stock Analysis Notes

About 26.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 0.69. Some equities with similar Price to Book (P/B) outperform the market in the long run. Ampco-Pittsburgh last dividend was issued on the 11th of April 2017. The entity had 4:3 split on the 2nd of February 1981. 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 was incorporated in 1929 and is headquartered in Carnegie, Pennsylvania. Ampco-Pittsburgh operates under Metal Fabrication classification in the United States and is traded on New York Stock Exchange. It employs 1485 people. For more info on Ampco Pittsburgh please contact J McBrayer at 412 456 4400 or go to https://ampcopgh.com.

Ampco Pittsburgh Quarterly Total Revenue

102.22 Million

Ampco-Pittsburgh Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Ampco Pittsburgh's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Ampco Pittsburgh or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Ampco-Pittsburgh generated a negative expected return over the last 90 days
Ampco-Pittsburgh has high historical volatility and very poor performance
The company generated the yearly revenue of 415.32 M. Annual Net Loss to common stockholders was (38.12 M) with gross profit of 62.19 M.
Ampco Pittsburgh reports about 8.73 M in cash with (3.69 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.38.
Roughly 26.0% of the company shares are held by company insiders
Latest headline from insidermonkey.com: Ampco-Pittsburgh Corporation Q4 2023 Earnings Call Transcript

Ampco-Pittsburgh Upcoming and Recent Events

Earnings reports are used by Ampco Pittsburgh to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Ampco Pittsburgh previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
18th of March 2024
Upcoming Quarterly Report
View
31st of December 2023
Next Fiscal Quarter End
View

Ampco Largest EPS Surprises

Earnings surprises can significantly impact Ampco Pittsburgh's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2020-11-16
2020-09-300.060.070.0116 
2017-08-08
2017-06-30-0.2-0.160.0420 
2021-08-09
2021-06-300.10.05-0.0550 
View All Earnings Estimates

Ampco Pittsburgh Thematic Classifications

In addition to having Ampco Pittsburgh stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
Machinery Idea
Machinery
USA Equities from Machinery industry as classified by Fama & French

Ampco Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Ampco Pittsburgh is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Ampco Pittsburgh backward and forwards among themselves. Ampco Pittsburgh's institutional investor refers to the entity that pools money to purchase Ampco Pittsburgh's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
Geode Capital Management, Llc2023-12-31
114.6 K
Rbf Llc2023-12-31
91 K
Hunter Associates Inc.2023-12-31
64 K
State Street Corporation2023-12-31
38.5 K
Perritt Capital Management Inc.2023-12-31
38.5 K
Northern Trust Corp2023-12-31
34.5 K
Citadel Advisors Llc2023-09-30
25.8 K
Susquehanna International Group, Llp2023-12-31
23.8 K
T. Rowe Price Associates, Inc.2023-12-31
21.6 K
Gamco Investors, Inc. Et Al2023-12-31
2.5 M
Gabelli Funds Llc2023-12-31
1.4 M
Note, although Ampco Pittsburgh's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Ampco Market Capitalization

The company currently falls under 'Micro-Cap' category with a market capitalization of 41.92 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Ampco Pittsburgh's market, we take the total number of its shares issued and multiply it by Ampco Pittsburgh's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Ampco Profitablity

Ampco Pittsburgh's profitability indicators refer to fundamental financial ratios that showcase Ampco Pittsburgh's ability to generate income relative to its revenue or operating costs. If, let's say, Ampco Pittsburgh is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Ampco Pittsburgh's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Ampco Pittsburgh's profitability requires more research than a typical breakdown of Ampco Pittsburgh's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Net Profit Margin (PM) of (0.09) %, which may indicate that it does not properly execute on its own pricing strategies. This is way below average. Likewise, it shows Net Operating Margin (NOM) of 0.01 %, which signifies that for every $100 of sales, it has a net operating income of $0.01.
Last ReportedProjected for 2024
Return On Capital Employed(0.08)(0.07)
Return On Assets(0.07)(0.07)
Return On Equity(0.66)(0.62)

Management Efficiency

Ampco-Pittsburgh has Return on Asset (ROA) of 0.0129 % which means that for every $100 of assets, it generated a profit of $0.0129. This is way below average. Likewise, it shows a return on total equity (ROE) of (0.4122) %, which implies that it produced no returns to current stockholders. Ampco Pittsburgh's management efficiency ratios could be used to measure how well Ampco Pittsburgh manages its routine affairs as well as how well it operates its assets and liabilities. As of 03/28/2024, Return On Capital Employed is likely to grow to -0.07. In addition to that, Return On Assets is likely to grow to -0.07. At this time, Ampco Pittsburgh's Non Current Liabilities Total is relatively stable compared to the past year. As of 03/28/2024, Non Current Liabilities Other is likely to grow to about 184.9 M, while Total Current Liabilities is likely to drop slightly above 81 M.
Last ReportedProjected for 2024
Price Book Value Ratio 0.88  0.79 
Enterprise Value Multiple 0.60  0.57 
Price Fair Value 0.88  0.79 
The analysis of Ampco Pittsburgh's management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze Ampco Pittsburgh's future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of Ampco Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Beta
0.673

Technical Drivers

As of the 28th of March, Ampco Pittsburgh shows the Mean Deviation of 2.36, risk adjusted performance of (0.04), and Standard Deviation of 3.61. Ampco-Pittsburgh technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to interpolate data for thirteen technical drivers for Ampco Pittsburgh, which can be compared to its rivals. Please confirm Ampco-Pittsburgh variance and value at risk to decide if Ampco-Pittsburgh is priced correctly, providing market reflects its regular price of 2.11 per share. Please also double-check Ampco Pittsburgh jensen alpha, which is currently at (0.44) to validate the company can sustain itself at a future point.

Ampco-Pittsburgh Price Movement Analysis

The output start index for this execution was two with a total number of output elements of fifty-nine. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Ampco Pittsburgh middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Ampco-Pittsburgh. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

Ampco-Pittsburgh Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Ampco Pittsburgh insiders, such as employees or executives, is commonly permitted as long as it does not rely on Ampco Pittsburgh's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Ampco Pittsburgh insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

Ampco Pittsburgh Predictive Daily Indicators

Ampco Pittsburgh intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Ampco Pittsburgh stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Ampco Pittsburgh Corporate Filings

8K
25th of March 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
F3
20th of February 2024
An amendment to the original Schedule 13D filing
ViewVerify
13A
14th of February 2024
An amended filing to the original Schedule 13G
ViewVerify
8K
13th of November 2023
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
F4
20th of September 2023
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
8K
23rd of August 2023
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
10Q
9th of August 2023
Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations
ViewVerify
5th of July 2023
Other Reports
ViewVerify

Ampco Pittsburgh Forecast Models

Ampco Pittsburgh's time-series forecasting models are one of many Ampco Pittsburgh's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Ampco Pittsburgh's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About Ampco Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Ampco Pittsburgh prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Ampco shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Ampco Pittsburgh. By using and applying Ampco Stock analysis, traders can create a robust methodology for identifying Ampco entry and exit points for their positions.
Last ReportedProjected for 2024
Pretax Profit Margin(0.09)(0.09)
Operating Profit Margin(0.08)(0.08)
Net Loss(0.1)(0.09)
Gross Profit Margin 0.18  0.26 

Current Ampco Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Ampco analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Ampco analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
5.0Strong Sell0Odds
Ampco Pittsburgh current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Ampco analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Ampco stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Ampco-Pittsburgh, talking to its executives and customers, or listening to Ampco conference calls.
Ampco Analyst Advice Details

Ampco Stock Analysis Indicators

Ampco Pittsburgh stock analysis indicators help investors evaluate how Ampco Pittsburgh stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Ampco Pittsburgh shares will generate the highest return on investment. By understating and applying Ampco Pittsburgh stock analysis, traders can identify Ampco Pittsburgh position entry and exit signals to maximize returns.
Begin Period Cash Flow8.7 M
Common Stock Shares Outstanding19.6 M
Total Stockholder Equity60.9 M
Tax Provision685 K
Quarterly Earnings Growth Y O Y-0.309
Property Plant And Equipment Net163.5 M
Cash And Short Term Investments7.3 M
Cash7.3 M
Accounts Payable36.8 M
Net Debt126.1 M
50 Day M A2.4914
Total Current Liabilities116.9 M
Other Operating Expenses456.9 M
Non Current Assets Total329 M
Forward Price Earnings30.8642
Non Currrent Assets Other155.2 M
Stock Based Compensation2.1 M
When determining whether Ampco-Pittsburgh is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Ampco Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Ampco Pittsburgh Stock. Highlighted below are key reports to facilitate an investment decision about Ampco Pittsburgh Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ampco Pittsburgh. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
To learn how to invest in Ampco Stock, please use our How to Invest in Ampco Pittsburgh guide.
You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.

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Is Ampco Pittsburgh's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ampco Pittsburgh. If investors know Ampco will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ampco Pittsburgh listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.31)
Earnings Share
0.08
Revenue Per Share
21.529
Quarterly Revenue Growth
0.156
Return On Assets
0.0129
The market value of Ampco-Pittsburgh is measured differently than its book value, which is the value of Ampco that is recorded on the company's balance sheet. Investors also form their own opinion of Ampco Pittsburgh's value that differs from its market value or its book value, called intrinsic value, which is Ampco Pittsburgh's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ampco Pittsburgh's market value can be influenced by many factors that don't directly affect Ampco Pittsburgh's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ampco Pittsburgh's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ampco Pittsburgh is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ampco Pittsburgh's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.