Servotronics inc   (SVT)
Other Ticker:  
Price: $13.2700 $0.01 0.075%
Day's High: $13.27 Week Perf: 4.82 %
Day's Low: $ 13.27 30 Day Perf: 2.71 %
Volume (M): 0 52 Wk High: $ 14.32
Volume (M$): $ 3 52 Wk Avg: $11.76
Open: $13.27 52 Wk Low: $8.80

 Market Capitalization (Millions $) 30
 Shares Outstanding (Millions) 2
 Employees 304
 Revenues (TTM) (Millions $) 43
 Net Income (TTM) (Millions $) -13
 Cash Flow (TTM) (Millions $) -4
 Capital Exp. (TTM) (Millions $) 1

Servotronics Inc

Servotronics, Inc. and its subsidiaries design, manufacture and market advanced technology products consisting primarily of control components and consumer products consisting of knives and various types of cutlery and other edged products.

The Company was incorporated in New York in 1959. In 1972, the Company was merged into a wholly-owned subsidiary organized under the laws of the State of Delaware, thereby changing the Company’s state of incorporation from New York to Delaware.

The Company’s shares currently trade on the New York Stock Exchange (NYSE) MKT under the symbol SVT.

The Company designs, manufactures and markets a variety of servo-control components which convert an electrical current into a mechanical force or movement and other related products. The principal servo-control components produced include torque motors, electromagnetic actuators, hydraulic valves, pneumatic valves and similar devices, all of which perform the same general function. These are sold principally to the commercial aerospace, aircraft and government related industries, as well as medical and industrial markets.

The Company designs, manufactures and sells a variety of edged products, tools and specialty consumer products for domestic and international distribution. These products include a wide range of cutlery items such as steak, carving, bread, butcher and paring knives for household use and for use in restaurants, institutions and private industry, as well as equipment and gear including fixed and folding knives for hunting, fishing and camping. The Company also sells knives and tools to the U.S. Government, related agencies, and allied foreign governments. These products include machetes, bayonets, axes, strap cutters, and other tools that are designed primarily for military and rescue/first-responder use, but are viable in commercial markets as well. The Company also produces and markets other edged products such as various specialty tools, putty knives, linoleum sheet cutters, field knives and SciMed items including scalpels and micro-spatulas. The Company manufactures its products from stainless and high carbon steels, titanium, or synthetic materials in numerous styles, designs, models and sizes. Substantially all of the Company’s commercial related products are intended for the moderate to premium priced markets. The Company also provides plastic fabrication, metal fabrication and other engineering, design, and OEM/white-label manufacturing services to regional customers. This includes the production of a wide range of machined, engineered, and/or molded consumer and industrial products and components.


   Company Address: 1110 Maple Street Elma 14059 NY
   Company Phone Number: 655-5990   Stock Exchange / Ticker: NYSEAMER SVT
   SVT is expected to report next financial results on March 30, 2024.


Stock Performances by Major Competitors

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Servotronics Inc

Servotronics Inc Declares Impressive 4.622% Revenue Rise During Q3 2023 Earnings Season

Servotronics Inc, a company operating in the Miscellaneous Manufacturing sector, has recently released its financial results for the fiscal third quarter of 2023. The company has shown some positive signs of improvement, including a decrease in loss per share and an increase in income per share compared to the previous year. However, there are also some areas of concern, particularly in the company's revenue growth and stock performance.
In terms of earnings per share, Servotronics Inc managed to reduce its loss from $-0.13 per share in the prior year to $-0.09 per share in the third quarter of 2023. Additionally, the company saw an improvement in income per share, moving from $-3.86 per share in the previous reporting period to a better position.

Servotronics Inc

Servotronics Inc Blazes New Trails with Second Quarter 2023 Revenue Surprise!

During the second quarter of 2023 earnings season, Servotronics Inc experienced significant losses per share and a decline in revenue. However, several interesting facts highlight potential opportunities in the Miscellaneous Manufacturing industry. This article delves into these facts and examines their implications for the stock market.
Losses per Share
Servotronics Inc faced a substantial increase in losses per share during the second quarter of 2023 compared to the previous year. The loss per share escalated from $-0.33 to $-3.86, indicating potential challenges within the company's operations. Moreover, the loss per share also increased from $-0.63 in the preceding quarter.

Servotronics Inc

Recent Fiscal Period Sees a Dramatic Expansion of Losses to -$0.63, Casting Shadows on Future Prospects

As a financial journalist, it is my job to dissect and interpret financial results of companies and present them in an easy-to-understand format for readers. Today, I have analyzed the financial results of Servotronics Inc and I must say, the results are not encouraging.
According to the financial report, Servotronics Inc recorded a cumulative net loss of $-4 million during 12 months ending in the first quarter of 2023. This resulted in a negative return on equity (ROE) of -11.52%, which is a significant drop from the positive ROE in the previous reporting period. In fact, within the Miscellaneous Manufacturing industry, there were 25 other companies that had a higher return on equity.


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