Servotronics Inc (NYSEAMER: SVT) |
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Price: $10.9500
$0.24
2.287%
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Day's High:
| $10.95
| Week Perf:
| 0.5 %
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Day's Low: |
$ 10.95 |
30 Day Perf: |
-0.27 % |
Volume (M): |
0 |
52 Wk High: |
$ 13.85 |
Volume (M$): |
$ 3 |
52 Wk Avg: |
$11.85 |
Open: |
$10.95 |
52 Wk Low: |
$10.16 |
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Market Capitalization (Millions $) |
27 |
Shares
Outstanding (Millions) |
2 |
Employees |
254 |
Revenues (TTM) (Millions $) |
44 |
Net Income (TTM) (Millions $) |
0 |
Cash Flow (TTM) (Millions $) |
0 |
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
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Stock Performances by Major Competitors |
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Servotronics Inc
Servotronics Inc, a prominent player in the Miscellaneous Manufacturing sector, has experienced a notable decrease in revenue and an increase in losses over the past financial period ending March 31, 2024. With the stock price facing mixed results, it is essential to analyze the impact of these financial indicators on the company's future outlook. Decreased Revenue and Increasing Losses: During the latest financial span, Servotronics Inc witnessed a decline of 9.878% in revenue, resulting in a total of $9.74 million. This decrease is in stark contrast to the rest of the Miscellaneous Manufacturing sector, which reported a revenue rise during the same period. The company's dwindling turnover led to a substantial loss of $-0.16 per share, amounting to a net loss of $-0.383 million. Comparatively, in the previous year, the company recorded a deficit of $-1.547 million in the same quarter.
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Servotronics Inc
Servotronics Inc, a miscellaneous manufacturing company, has shown a significant turnaround in its recent fiscal period, returning to profitability and presenting positive earnings per share (EPS). The company reported an income per share of $0.17, a substantial improvement compared to the loss of $0.58 per share in the same period the previous year. Furthermore, the EPS turned positive from a loss of $0.09 per share in the prior quarter. Although Servotronics Inc experienced a contraction in revenue by 4.649% to $9.95 million compared to $10.43 million in the same quarter a year ago, and a sequential decrease of 13.497% from $11.50 million, it is important to note that this decline is not reflective of the rest of the miscellaneous manufacturing industry. The industry recorded a top-line gain during the same period.
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Servotronics Inc
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.
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Servotronics Inc
Introduction 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.
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Servotronics Inc
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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Per Share |
Current |
Earnings (TTM) |
0.03 $ |
Revenues (TTM) |
17.75 $
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Cash Flow (TTM) |
- |
Cash |
0.08 $
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Book Value |
9.84 $
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Dividend (TTM) |
0 $ |
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Per Share |
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Earnings (TTM) |
0.03 $
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Revenues (TTM) |
17.75 $ |
Cash Flow (TTM) |
- |
Cash |
0.08 $
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Book Value |
9.84 $ |
Dividend (TTM) |
0 $ |
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UNITED STATES |
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75.16 % |
of total Revenue |
Non-US |
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26.16 % |
of total Revenue |
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