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Sifco Industries Inc (SIF) |
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Price: $3.6700
$0.28 
8.260%
|
| Day's High:
| $3.8
| Week Perf:
| 18.77 %
|
| Day's Low: |
$ 3.46 |
30 Day Perf: |
25.04 % |
| Volume (M): |
17 |
52 Wk High: |
$ 3.81 |
| Volume (M$): |
$ 63 |
52 Wk Avg: |
$2.81 |
| Open: |
$3.50 |
52 Wk Low: |
$1.95 |
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| Market Capitalization (Millions $) |
22 |
| Shares
Outstanding (Millions) |
6 |
| Employees |
465 |
| Revenues (TTM) (Millions $) |
80 |
| Net Income (TTM) (Millions $) |
-13 |
| Cash Flow (TTM) (Millions $) |
0 |
| Capital Exp. (TTM) (Millions $) |
3 |
Sifco Industries Inc
SIFCO is a manufacturer of forgings and machined components for the A&E
markets. SIFCO services both original equipment manufacturers ("OEM")
and aftermarket customers with products that range in size from approximately
2 to 1,200 pounds. The Companys strategic vision is to build a leading A&E
company positioned for long-term, stable growth and profitability. In the past
several years, SIFCO has actively diversified into the industrial gas turbine
business, added more commercial aerospace business, reduced its dependence on
the U.S. military business, and broadened the scope of its product and service
offerings by adding machining and finishing to its forgings capabilities. This
strategic evolution continued in fiscal 2015 with the acquisition of C'Blade,
a leading manufacturer of steam and gas turbine blades located in Maniago, Italy.
SIFCO’s continued migration toward a more commercial business and decreased
dependence on military business is consistent with its strategic vision. The
Company has also expanded its capabilities to be a supplier of forged and machined
components, consisting primarily of aluminum, steel and titanium.
In addition to the newly acquired facilities of C'Blade, located in Maniago,
Italy, SIFCO operates from multiple locations. SIFCO manufacturing facilities
are located in Cleveland, Ohio; Alliance, Ohio; Orange, California; Long Beach,
California; and Colorado Springs, Colorado. On July 23, 2013, the Company completed
the purchase of the forging business and substantially all related operating
assets from MW General, Inc. (DBA General Aluminium Forgings), which business
is operated in the Colorado Springs, Colorado facility.
The performance of the domestic and international air transport industry and
the energy industry, as well as government defense spending, directly and significantly
impacts the performance of SIFCO.
SIFCO supplies new and spare components for commercial aircraft, principally
for large aircraft produced by Boeing and Airbus. A continued increase in passenger
travel demand will drive backlog for new aircraft. Demand for more fuel-efficient
aircraft, particularly the Boeing 737Max and 787 and the Airbus A320neo and
A350, remains strong despite oil prices moderating recently.
SIFCO also supplies new and spare components to the U.S. military for aircraft,
helicopters, vehicles, and ammunition. While the defense budget in the United
States has decreased in recent years, the demand for certain programs in which
the Company participates has been more favorable.
SIFCO supplies new and spare components to the energy industry, particularly
the industrial turbine market. The industrial gas turbine market is projecting
flat near-term growth and stable long-term OEM growth. The demand in the maintenance,
repair and overhaul market should remain strong.
Company Address: 970 East 64th Street, Cleveland 44103 OH
Company Phone Number: 881-8600 Stock Exchange / Ticker: NYSEAMER SIF
| SIF is expected to report next financial results on December 21, 2023. |
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Customers Net Income grew by |
SIF's Customers Net Profit Margin grew to |
7.4 % |
11.73 %
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| Stock Performances by Major Competitors |
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Sifco Industries Inc
Sifco Industries Inc is a conglomerates company that recently reported its financial results for the period closing on June 30th, 2023. In terms of earnings, the company showed improvement as it decreased its loss per share from $-0.46 to $-0.11 compared to the same period last year. Additionally, earnings per share also improved from $-0.40 to $-0.11.
On the revenue front, Sifco Industries Inc experienced moderate growth of 0.112%, with revenue increasing to $21.48 million from $21.45 million in the corresponding reporting period a year prior. Sequentially, revenue advanced by 14.733% from $18.72 million. However, it is important to note that the company's business growth is lagging behind its peers in the conglomerates industry, which reported an average business rise of 8.25% from the corresponding reporting period a year ago.
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Joint Corp
The stock market continues to be a rollercoaster ride, with companies experiencing varying fortunes. One such company, Joint Corp, recently reported its financial results for the most recent fiscal period. While there are some concerning figures, there are also positive signs of growth in specific areas. Let's delve into the details and uncover some interesting facts.
Shifting Earnings Trends
Joint Corp's recent financial report reveals a shift in its earnings compared to the previous year. The company slipped into a loss of $-0.02 per share, whereas the same period a year ago showed a profit of $0.02 per share. Moreover, the earnings per share (EPS) fell from $0.15 in the previous reporting season to $-0.02, indicating a significant decline.
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Scientific Energy Inc
Scientific Energy Inc, a conglomerate company, recently released its financial results for the April to June 30, 2023, reporting period. The company's stock price remained unchanged at $0.00 per share, compared to the same period last year and the previous reporting period. However, an interesting trend emerges when considering revenue, net profits, profit margins, inventories, and accounts receivable. These factors invite speculation on how they might impact the future trajectory of Scientific Energy Inc.
Revenue Fluctuations:
Scientific Energy Inc experienced a considerable decline in revenue, recording a decrease of 17.255% to $9.67 million for the April to June 2023 period compared to $11.69 million in the same period the previous year. Interestingly, the company showed a sequential revenue growth of 4.941%, reaching $9.22 million, contrary to the trend observed in the remainder of the Conglomerates sector. This positive sequential growth hints at potential recovery and growth opportunities for Scientific Energy Inc.
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American Acquisition Opportunity Inc
Conglomerates industry consultants have examined the financial results of American Acquisition Opportunity Inc for the second quarter of 2023. While the company's operating deficit was -$0.206244 million, no top-line figures were specified for the April to June 2023 reporting season. This article aims to interpret the financial situation of the firm in the current stage, taking into consideration the previous year's performance as well.
Financial Performance:
In the second quarter of 2022, American Acquisition Opportunity Inc recorded an operating profit of $0.277173 million. Comparatively, the operating deficit witnessed in the same period in 2023 shows a decline in profitability. However, it is essential to note that the net loss for the second quarter of 2023 decreased to $-0.218 million from $-0.674 million in the previous year. This indicates that efforts have been made to cut down on diminishing returns, leading to some improvement in the company's financial performance.
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Ab International Group Corp
Ab International Group Corp has shown remarkable growth in its financial performance for the period of March to May 31, 2023. The company's per share value reached $0.00, which is in line with the previous year's performance, but it is important to note that there was no decrease in value either. This stability suggests that the company has managed to maintain its position in the market.
Furthermore, it is impressive to see that the revenue of Ab International Group Corp grew by a staggering 123.98% to $0.57 million compared to $0.26 million in the same period last year. Additionally, the sequential revenue surged by 92.129% from $0.30 million. This substantial increase in revenue is a clear indication of the company's ability to capture market opportunities and generate growth.
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| Per Share |
Current |
| Earnings (TTM) |
-2.13 $ |
| Revenues (TTM) |
13.49 $
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| Cash Flow (TTM) |
0.06 $ |
| Cash |
0.1 $
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| Book Value |
6.07 $
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| Dividend (TTM) |
0 $ |
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| Per Share |
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| Earnings (TTM) |
-2.13 $
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| Revenues (TTM) |
13.49 $ |
| Cash Flow (TTM) |
0.06 $ |
| Cash |
0.1 $
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| Book Value |
6.07 $ |
| Dividend (TTM) |
0 $ |
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1.52% 