News coverage about Ampco-Pittsburgh (NYSE:AP) has trended somewhat positive this week, according to Accern Sentiment Analysis. Accern ranks the sentiment of media coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Ampco-Pittsburgh earned a news impact score of 0.13 on Accern’s scale. Accern also gave press coverage about the industrial products company an impact score of 44.9883430419791 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
AP has been the topic of a number of recent research reports. Zacks Investment Research raised Ampco-Pittsburgh from a “strong sell” rating to a “hold” rating in a report on Tuesday. ValuEngine downgraded Ampco-Pittsburgh from a “hold” rating to a “sell” rating in a report on Tuesday, November 14th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and two have issued a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average price target of $22.00.
Ampco-Pittsburgh (AP) traded up $0.40 during mid-day trading on Friday, reaching $14.75. The company’s stock had a trading volume of 21,279 shares, compared to its average volume of 30,846. Ampco-Pittsburgh has a 52 week low of $12.15 and a 52 week high of $18.59. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.98 and a current ratio of 1.68. The company has a market capitalization of $177.39, a P/E ratio of -3.48 and a beta of 1.46.
Ampco-Pittsburgh (NYSE:AP) last posted its earnings results on Monday, November 6th. The industrial products company reported ($0.18) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.03) by ($0.15). Ampco-Pittsburgh had a negative net margin of 12.67% and a negative return on equity of 13.75%. The firm had revenue of $103.89 million during the quarter, compared to the consensus estimate of $109.00 million. sell-side analysts anticipate that Ampco-Pittsburgh will post -0.62 EPS for the current year.
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Ampco-Pittsburgh Corporation is engaged in manufacturing and selling specialty metal products and customized equipment utilized by industry throughout the world. The Company operates through two segments: the Forged and Cast Engineered Products segment, and the Air and Liquid Processing segment. The Forged and Cast Engineered Products segment consists of Union Electric Steel Corporation (Union Electric Steel or UES) and Union Electric Steel UK Limited (UES-UK).
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