Ampco Pittsburgh Stock Today

AP Stock  USD 2.45  0.07  2.78%   

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Odds Of Distress

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Ampco Pittsburgh is selling at 2.45 as of the 18th of March 2024; that is -2.78 percent decrease since the beginning of the trading day. The stock's last reported lowest price was 2.45. Ampco Pittsburgh has under 5 % chance of experiencing financial distress over the next 2 years, but has generated negative returns over the last 90 days. Equity ratings for Ampco Pittsburgh are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 17th of February 2024 and ending today, the 18th of March 2024. Click here to learn more.
Business Domain
Materials
IPO Date
19th of July 1984
Category
Industrials
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. The company has 19.87 M outstanding shares of which 540.91 K shares are presently sold short in the market by investors with about 20.1 days to cover all shorted shares. More on Ampco Pittsburgh

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Ampco 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. Ampco Pittsburgh's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Ampco Pittsburgh or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEOJ McBrayer
Thematic IdeaMachinery (View all Themes)
Business ConcentrationMetals & Mining, Metal Fabrication, Industrials, NYSE Composite, Stock Exchange Of, SET100 Index, SET Total Return, Machinery, Materials, Metals & Mining, Metal Fabrication, Industrials (View all Sectors)
Average Analyst Recommendation
Analysts covering Ampco Pittsburgh report their recommendations after researching Ampco Pittsburgh's financial statements, talking to executives and customers, or listening in on Ampco Pittsburgh's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Ampco-Pittsburgh. The Ampco consensus assessment is calculated by taking the average forecast from all of the analysts covering Ampco Pittsburgh.
Financial Strength
Based on the key indicators obtained from Ampco Pittsburgh's historical financial statements, Ampco Pittsburgh may be sliding down financialy. It has an above-average likelihood of going through some form of financial trouble next quarter. Financial strength of Ampco-Pittsburgh is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.890.7761
Fairly Up
Pretty Stable
Gross Profit Margin0.260.18
Way Up
Pretty Stable
Total Current Liabilities79.7 M133.7 M
Way Down
Slightly volatile
Non Current Liabilities Total329.8 M314.1 M
Sufficiently Up
Slightly volatile
Total Assets390.6 M578.2 M
Way Down
Very volatile
Total Current Assets179.3 M266.1 M
Way Down
Slightly volatile
Ampco Pittsburgh's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Ampco Pittsburgh's 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 Ampco Pittsburgh's financial leverage. It provides some insight into what part of Ampco Pittsburgh's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Ampco Pittsburgh's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Ampco Pittsburgh deploys its capital and how much of that capital is borrowed.
Liquidity
Ampco Pittsburgh 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 reports 108.99 M of total liabilities with total debt to equity ratio (D/E) of 1.12, which is normal for its line of buisiness. Ampco-Pittsburgh has a current ratio of 1.64, which is generally considered normal. Debt can assist Ampco Pittsburgh until it has trouble settling it off, either with new capital or with free cash flow. So, Ampco Pittsburgh's 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 Ampco-Pittsburgh sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Ampco to invest in growth at high rates of return. When we think about Ampco Pittsburgh's use of debt, we should always consider it together with cash and equity.

End Period Cash Flow

5.47 Million
Ampco Pittsburgh (AP) is traded on New York Stock Exchange in USA. It is located in 726 Bell Avenue, Carnegie, PA, United States, 15106 and employs 1,565 people. Ampco Pittsburgh is listed under Metals & Mining category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a market capitalization of 50.06 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-Pittsburgh is active under Metals & Mining sector as part of Materials industry. The entity has 19.87 M outstanding shares of which 540.91 K shares are presently sold short in the market by investors with about 20.1 days to cover all shorted shares. Ampco Pittsburgh reports about 8.73 M in cash with (17.13 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.38.
Check Ampco Pittsburgh Probability Of Bankruptcy
Ownership Allocation
Ampco-Pittsburgh retains a total of 19.87 Million outstanding shares. Over half of Ampco Pittsburgh's outstanding shares are owned by other corporate entities. These other corporate entities are typically referred to as corporate investors that acquire 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 Ampco Pittsburgh. Please watch out for any change in the institutional holdings of Ampco-Pittsburgh as this could mean something significant has changed or is about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Ampco Ownership Details

Ampco Stock Price Odds Analysis

In regard to a normal probability distribution, the odds of Ampco Pittsburgh jumping above the current price in 90 days from now is about 85.78%. The Ampco Pittsburgh probability density function shows the probability of Ampco Pittsburgh stock to fall within a particular range of prices over 90 days. Allowing for the 90-day total investment horizon Ampco Pittsburgh has a beta of 0.9497. This suggests Ampco Pittsburgh market returns are sensible to returns on the market. As the market goes up or down, Ampco Pittsburgh is expected to follow. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Ampco-Pittsburgh is significantly underperforming NYSE Composite.
  Odds Below 2.45HorizonTargetOdds Above 2.45
14.04%90 days
 2.45 
85.78%
Based on a normal probability distribution, the odds of Ampco Pittsburgh to move above the current price in 90 days from now is about 85.78 (This Ampco Pittsburgh probability density function shows the probability of Ampco Stock to fall within a particular range of prices over 90 days) .

Ampco Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Ampco Pittsburgh that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Ampco Pittsburgh's 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 Ampco Pittsburgh's value.
InstituionRecorded OnShares
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
View Ampco Pittsburgh Diagnostics

Ampco Pittsburgh Historical Income Statement

Ampco Pittsburgh Income Statement is one of the three primary financial statements used for reporting Ampco's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Ampco-Pittsburgh revenue and expense. Ampco Pittsburgh Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Ampco Pittsburgh's Net Income Applicable To Common Shares is relatively stable compared to the past year. As of 03/18/2024, Research Development is likely to grow to about 1.7 M, while Total Revenue is likely to drop slightly above 303.6 M. View More Fundamentals

Ampco Stock Against Markets

Picking the right benchmark for Ampco Pittsburgh 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 Ampco Pittsburgh 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 Ampco Pittsburgh is critical whether you are bullish or bearish towards Ampco Pittsburgh at a given time. Please also check how Ampco Pittsburgh's historical prices are related to one of the top price index indicators.

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Our tools can tell you how much better you can do entering a position in Ampco Pittsburgh 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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Ampco Pittsburgh Corporate Directors

Ampco Pittsburgh corporate directors refer to members of an Ampco Pittsburgh board of directors. The board of directors generally takes responsibility for the Ampco Pittsburgh's 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 Ampco Pittsburgh's board members must vote for the resolution. The Ampco Pittsburgh board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Michael GermanIndependent DirectorProfile
Paul GouldIndependent DirectorProfile
Laurence PaulIndependent DirectorProfile
Melanie SprowsonDirector SecretaryProfile

How to buy Ampco Stock?

Before investing in Ampco Pittsburgh, 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 Ampco Pittsburgh. To buy Ampco Pittsburgh stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Ampco Pittsburgh. 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 Ampco Pittsburgh stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Ampco Pittsburgh 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 Ampco Pittsburgh 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 Ampco Pittsburgh, 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 Ampco Stock please use our How to Invest in Ampco Pittsburgh guide.

Already Invested in Ampco Pittsburgh?

The danger of trading Ampco Pittsburgh 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 Ampco Pittsburgh 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 Ampco Pittsburgh. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Ampco-Pittsburgh 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 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 Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.

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When running Ampco Pittsburgh's price analysis, check to measure Ampco Pittsburgh's 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 Ampco Pittsburgh is operating at the current time. Most of Ampco Pittsburgh's value examination focuses on studying past and present price action to predict the probability of Ampco Pittsburgh's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ampco Pittsburgh's price. Additionally, you may evaluate how the addition of Ampco Pittsburgh to your portfolios can decrease your overall portfolio volatility.
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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
20.873
Quarterly Revenue Growth
0.026
Return On Assets
0.0145
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.