CSIMarket
 
Ampco pittsburgh Corp  (AP)
Other Ticker:  
 
 
Price: $2.4400 $-0.08 -3.175%
Day's High: $2.555 Week Perf: -2.79 %
Day's Low: $ 2.44 30 Day Perf: -3.56 %
Volume (M): 71 52 Wk High: $ 4.00
Volume (M$): $ 174 52 Wk Avg: $2.86
Open: $2.55 52 Wk Low: $2.15



 Market Capitalization (Millions $) 49
 Shares Outstanding (Millions) 20
 Employees 1,076
 Revenues (TTM) (Millions $) 408
 Net Income (TTM) (Millions $) 4
 Cash Flow (TTM) (Millions $) -6
 Capital Exp. (TTM) (Millions $) 18

Ampco Pittsburgh Corp

The Corporation classifies its businesses in two segments: Forged and Cast Engineered Products and Air and Liquid Processing.

Forged and Cast Rolls segment recognized a need to diversify its product offerings and started producing non-roll products - primarily ingot and open die forged products which are used in the gas and oil industry and the aluminum and plastic extrusion industries.

Forged and Cast Engineered Products Segment
Union Electric Steel Corporation produces ingot and forged products that service a wide variety of industries globally. It specializes in the production of forged hardened steel rolls used in cold rolling by producers of steel, aluminum and other metals throughout the world. In addition, it produces ingot and open die forged products which are used in the gas and oil industry and the aluminum and plastic extrusion industries. Although currently representing a minor portion of the segment’s business activity, sales of ingot and open die forged products are expected to grow and become a more significant portion of our segment’s business activity. It is headquartered in Carnegie, Pennsylvania with three manufacturing facilities in Pennsylvania and one in Indiana. Union Electric Steel Corporation is one of the largest producers of forged hardened steel rolls in the world. In addition to a few domestic competitors, several major European, South American and Asian manufacturers also compete in both the domestic and foreign markets. In 2007, a subsidiary became a 49% partner in a joint venture in China to manufacture large forged backup rolls, principally in weights and sizes larger than those which can be made in the subsidiary’s facilities in the United States.

Union Electric Steel UK Limited produces cast rolls for hot and cold strip mills, medium/heavy section mills and plate mills in a variety of iron and steel qualities. It is located in Gateshead, England and is a major supplier of cast rolls to the metalworking industry worldwide. It primarily competes with European, Asian and North and South American companies in both the domestic and foreign markets. Union Electric Steel UK Limited is a 25% partner in a Chinese joint venture which produces cast rolls.

Air and Liquid Processing Segment
Aerofin Division of Air & Liquid Systems Corporation produces custom-engineered finned tube heat exchange coils and related heat transfer products for a variety of industries including fossil fuel and nuclear power generation, automotive, industrial process and HVAC, and is located in Lynchburg, Virginia.
Buffalo Air Handling Division of Air & Liquid Systems Corporation produces large custom air handling systems used in commercial, institutional and industrial buildings and is located in Amherst, Virginia.

Buffalo Pumps Division of Air & Liquid Systems Corporation manufactures a line of centrifugal pumps for the refrigeration, power generation and marine defense industries and is located in North Tonawanda, New York.
All three of the divisions in this segment are principally represented by a common independent sales organization and have several major competitors.
In both segments, the products are dependent on engineering, principally custom designed, and are sold to sophisticated commercial and industrial users located throughout the world.



   Company Address: 726 Bell Avenue Carnegie 15106 PA
   Company Phone Number: 456-4400   Stock Exchange / Ticker: NYSE AP
   AP is expected to report next financial results on March 20, 2024.


Customers Net Income fell by AP's Customers Net Profit Margin fell to

-51.91 %

6.84 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
HI        1.15% 
ITT        0.71% 
XYL        1.77% 
APD        2.9% 
BRKA        2.9% 
FELE        3.9% 
• View Complete Report
   



Ampco Pittsburgh Corp

Ampco-Pittsburgh Corp Defies Market Turbulence with Unchanged Earnings per Share and Moderate Revenue Rise

In an exciting development for investors, Ampco-Pittsburgh Corporation (NYSE: AP) has announced unchanged earnings per share at $0.04 on a moderate revenue rise of 2.58% to $102.22 million in their recently released financial report for the period ending September 30, 2023. This marks a positive shift from the comparable reporting season a year ago and demonstrates the company's ability to maintain stability and growth in a dynamic market.
Compared to the preceding reporting season, earnings per share soared by an impressive 100% from $0.02 per share, while revenue decreased by -4.657% from $107.21 million. Despite this slight decrease in revenue, Ampco-Pittsburgh Corp continues to showcase its strength and resilience in adapting to market conditions.

Ampco Pittsburgh Corp

Ampco Pittsburgh Corp Maintains Resilient EPS Amidst Challenging Q2 2023

Ampco Pittsburgh Corp Reports Steady Earnings in Q2 2023
In the financial second quarter of 2023, Ampco Pittsburgh Corp reported earnings per share of $0.02, remaining unchanged compared to the same period in the previous year. However, the company experienced a decrease in income of -33.33% from the preceding financial reporting period, where earnings per share were $0.03.
Despite the decline in income, Ampco Pittsburgh Corp saw a modest increase in revenue of 4.512% to $107.21 million in the second quarter of 2023 compared to $102.58 million in the same period a year ago. Sequentially, the company's revenue grew by 2.298% from $104.80 million in the preceding quarter.

Ampco Pittsburgh Corp

Ampco Pittsburgh Corp Shines with Impressive Revenue Growth Amidst Challenging Times

Despite the revenue increase of 10.99% in the first quarter of 2023, Ampco Pittsburgh is showing bearish signs across the board. With a revenue per employee of $372,273 on a trailing twelve months basis, the company is still lagging behind 83 other companies within the Capital Goods sector. This is a clear indication that the company needs to take stronger measures to improve the productivity of its employees.
Furthermore, the company's overall ranking has deteriorated compared to the fourth quarter of 2022, moving down to 83. This is an alarming sign for investors as it indicates a lack of progress and potential trouble ahead. The fact that the company is experiencing a decline in EPS despite an increase in revenue in the most recent fiscal period is concerning. The net profit per share dropped by a staggering 62.5% to $0.03 per share.






 

Ampco Pittsburgh's Segments
 
 
• View Complete Report




Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2024 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com