Universal Stainless Alloy Stock Today

USAP Stock  USD 22.42  2.20  8.94%   

Performance

5 of 100

 
Low
 
High
Modest

Odds Of Distress

Less than 28

 
100  
 
Zero
Below Average
Universal Stainless is selling at 22.42 as of the 29th of March 2024; that is -8.94 percent decrease since the beginning of the trading day. The stock's last reported lowest price was 21.34. Universal Stainless has about a 28 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Universal Stainless Alloy are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 9th of April 2022 and ending today, the 29th of March 2024. Click here to learn more.
Business Domain
Materials
IPO Date
28th of December 1994
Category
Basic Materials
Universal Stainless Alloy Products, Inc., together with its subsidiaries, manufactures and markets semi-finished and finished specialty steel products in the United States and internationally. Universal Stainless Alloy Products, Inc. was incorporated in 1994 and is headquartered in Bridgeville, Pennsylvania. The company has 9.09 M outstanding shares of which 45.65 K shares are at this time shorted by private and institutional investors with about 0.63 trading days to cover. More on Universal Stainless Alloy

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Universal Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Universal Stainless' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Universal Stainless or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Chairman, CEO and PresDennis Oates
Thematic Ideas
(View all Themes)
Business ConcentrationMetals & Mining, Materials, Basic Materials, NASDAQ Composite, NASDAQ Composite Total, Iron, Steel Works Etc, Materials, Metals & Mining, Steel, Basic Materials (View all Sectors)
Average Analyst Recommendation
Analysts covering Universal Stainless report their recommendations after researching Universal Stainless' financial statements, talking to executives and customers, or listening in on Universal Stainless' conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Universal Stainless Alloy. The Universal consensus assessment is calculated by taking the average forecast from all of the analysts covering Universal Stainless.
Financial Strength
Based on the key indicators related to Universal Stainless' liquidity, profitability, solvency, and operating efficiency, Universal Stainless Alloy is not in a good financial situation at the present time. It has a very high likelihood of going through financial trouble in April. Financial strength of Universal Stainless Alloy is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.990.64
Way Up
Slightly volatile
Total Current Liabilities54.9 M52.3 M
Sufficiently Up
Slightly volatile
Non Current Liabilities Total118.4 M112.8 M
Sufficiently Up
Very volatile
Total Assets220.9 M417.8 M
Way Down
Pretty Stable
Total Current Assets238.6 M227.2 M
Sufficiently Up
Slightly volatile
Universal Stainless' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Universal Stainless' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Universal Stainless' financial leverage. It provides some insight into what part of Universal Stainless' total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Universal Stainless' books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Universal Stainless deploys its capital and how much of that capital is borrowed.
Liquidity
Universal Stainless cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company currently holds 98.43 M in liabilities with Debt to Equity (D/E) ratio of 0.4, which is about average as compared to similar companies. Universal Stainless Alloy has a current ratio of 4.61, suggesting that it is liquid enough and is able to pay its financial obligations when due. Debt can assist Universal Stainless until it has trouble settling it off, either with new capital or with free cash flow. So, Universal Stainless' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Universal Stainless Alloy sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Universal to invest in growth at high rates of return. When we think about Universal Stainless' use of debt, we should always consider it together with cash and equity.

Other Non Cash Items

(10.93 Million)
Universal Stainless Alloy (USAP) is traded on NASDAQ Exchange in USA. It is located in 600 Mayer Street, Bridgeville, PA, United States, 15017 and employs 622 people. Universal Stainless is listed under Metals & Mining category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 203.76 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Universal Stainless's market, we take the total number of its shares issued and multiply it by Universal Stainless'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. Universal Stainless Alloy conducts business under Metals & Mining sector and is part of Materials industry. The entity has 9.09 M outstanding shares of which 45.65 K shares are at this time shorted by private and institutional investors with about 0.63 trading days to cover. Universal Stainless Alloy currently holds about 66 K in cash with (8.94 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01.
Check Universal Stainless Probability Of Bankruptcy
Ownership Allocation
Universal Stainless maintains a total of 9.09 Million outstanding shares. Over half of Universal Stainless' outstanding shares are owned by institutional holders. These institutional holders are typically referred to as corporate investors that take positions in a given instrument to benefit from reduced trade commissions. Consequently, these institutions are subject to different rules and regulations than regular investors in Universal Stainless Alloy. Please watch out for any change in the institutional holdings of Universal Stainless as this could mean something significant has changed or is about to change at the company. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.
Check Universal Ownership Details

Universal Stock Price Odds Analysis

In regard to a normal probability distribution, the odds of Universal Stainless jumping above the current price in 90 days from now is nearly 4.93%. The Universal Stainless Alloy probability density function shows the probability of Universal Stainless stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 2.3343. This usually implies as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Universal Stainless will likely underperform. Additionally, universal Stainless Alloy has an alpha of 0.0273, implying that it can generate a 0.0273 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 22.42HorizonTargetOdds Above 22.42
95.02%90 days
 22.42 
4.93%
Based on a normal probability distribution, the odds of Universal Stainless to move above the current price in 90 days from now is nearly 4.93 (This Universal Stainless Alloy probability density function shows the probability of Universal Stock to fall within a particular range of prices over 90 days) .

Universal Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Universal Stainless that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Universal Stainless' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Universal Stainless' value.
InstituionRecorded OnShares
Acuitas Investments, Llc2023-12-31
159.8 K
Blackrock Inc2023-12-31
147.5 K
Foundry Partners, Llc2023-12-31
129.4 K
Wittenberg Investment Management Inc2023-12-31
125.6 K
Geode Capital Management, Llc2023-12-31
88 K
Brandywine Global Investment Mgmt Llc2023-12-31
85 K
Millennium Management Llc2023-12-31
80.6 K
Marshall Wace Asset Management Ltd2023-12-31
77.7 K
Bridgeway Capital Management, Llc2023-12-31
73.6 K
Minerva Advisors Llc2023-12-31
776 K
Aegis Financial Corporation2023-12-31
460.6 K
View Universal Stainless Diagnostics

Universal Stainless Historical Income Statement

Universal Stainless Alloy Income Statement is one of the three primary financial statements used for reporting Universal's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Universal Stainless Alloy revenue and expense. Universal Stainless Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Universal Stainless' Depreciation And Amortization is relatively stable compared to the past year. As of 03/29/2024, Interest Expense is likely to grow to about 5 M, though Operating Income is likely to grow to (5.6 M). View More Fundamentals

Universal Stock Against Markets

Picking the right benchmark for Universal Stainless stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Universal Stainless stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Universal Stainless is critical whether you are bullish or bearish towards Universal Stainless Alloy at a given time. Please also check how Universal Stainless' historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Universal Stainless without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Universal Stainless Corporate Directors

Universal Stainless corporate directors refer to members of an Universal Stainless board of directors. The board of directors generally takes responsibility for the Universal Stainless' affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Universal Stainless' board members must vote for the resolution. The Universal Stainless board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Judith BacchusIndependent DirectorProfile
Udi ToledanoLead Independent DirectorProfile
David KornblattIndependent DirectorProfile
Christopher AyersIndependent DirectorProfile

How to buy Universal Stock?

Before investing in Universal Stainless, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Universal Stainless. To buy Universal Stainless stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Universal Stainless. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Universal Stainless stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Universal Stainless Alloy stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Universal Stainless Alloy stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Universal Stainless Alloy, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Universal Stock please use our How to Invest in Universal Stainless guide.

Already Invested in Universal Stainless Alloy?

The danger of trading Universal Stainless Alloy is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Universal Stainless is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Universal Stainless. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Universal Stainless Alloy is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Universal Stainless Alloy 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 Universal 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 Universal Stainless Alloy Stock. Highlighted below are key reports to facilitate an investment decision about Universal Stainless Alloy Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Universal Stainless Alloy. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
Note that the Universal Stainless Alloy information on this page should be used as a complementary analysis to other Universal Stainless' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..

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When running Universal Stainless' price analysis, check to measure Universal Stainless' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Universal Stainless is operating at the current time. Most of Universal Stainless' value examination focuses on studying past and present price action to predict the probability of Universal Stainless' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Universal Stainless' price. Additionally, you may evaluate how the addition of Universal Stainless to your portfolios can decrease your overall portfolio volatility.
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Is Universal Stainless' 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 Universal Stainless. If investors know Universal 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 Universal Stainless 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
(0.80)
Earnings Share
(0.16)
Revenue Per Share
28.977
Quarterly Revenue Growth
0.543
Return On Assets
0.0102
The market value of Universal Stainless Alloy is measured differently than its book value, which is the value of Universal that is recorded on the company's balance sheet. Investors also form their own opinion of Universal Stainless' value that differs from its market value or its book value, called intrinsic value, which is Universal Stainless' 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 Universal Stainless' market value can be influenced by many factors that don't directly affect Universal Stainless' 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 Universal Stainless' value and its price as these two are different measures arrived at by different means. Investors typically determine if Universal Stainless is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Universal Stainless' 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.