Synalloy Stock Buy Hold or Sell Recommendation
| ACNT Stock | USD 12.13 0.65 5.66% |
Given the investment horizon of 90 days and your typical level of risk aversion, our recommendation regarding Synalloy is 'Strong Sell'. A buy or sell recommendation is an automated directive regarding whether to purchase or sell Synalloy given historical horizon and risk tolerance. When we issue a 'buy' or 'sell' recommendation for Synalloy, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Synalloy Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. For more information on how to buy Synalloy Stock please use our How to Invest in Synalloy guide. Note, we conduct extensive research on individual companies such as Synalloy and provide practical buy, sell, or hold advice based on investors' constraints. Synalloy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Synalloy |
Execute Synalloy Buy or Sell Advice
The Synalloy recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Synalloy. Macroaxis does not own or have any residual interests in Synalloy or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Synalloy's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | OK | Details | |
Volatility | Not too volatile | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Almost neglects market trends | Details | |
Investor Sentiment | Interested | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Inapplicable | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Synalloy Trading Alerts and Improvement Suggestions
| Synalloy had very high historical volatility over the last 90 days | |
| The company reported the previous year's revenue of 193.18 M. Net Loss for the year was (26.63 M) with profit before overhead, payroll, taxes, and interest of 60.77 M. | |
| About 23.0% of the company shares are held by company insiders | |
| Latest headline from gurufocus.com: Ascent Industries Co Trading 5.05 percent Higher on Dec 3 |
Synalloy Returns Distribution Density
The distribution of Synalloy's historical returns is an attempt to chart the uncertainty of Synalloy's future price movements. The chart of the probability distribution of Synalloy daily returns describes the distribution of returns around its average expected value. We use Synalloy price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Synalloy returns is essential to provide solid investment advice for Synalloy.
| Mean Return | 0.29 | Value At Risk | -3.1 | Potential Upside | 4.07 | Standard Deviation | 3.05 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Synalloy historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Synalloy Stock Institutional Investors
The Synalloy's institutional investors refer to entities that pool money to purchase Synalloy's securities or originate loans. These institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds.
| Shares | Boothbay Fund Management, Llc | 2024-09-30 | 41.8 K | State Street Corp | 2024-09-30 | 32.5 K | Minerva Advisors Llc | 2024-09-30 | 30.4 K | Susquehanna International Group, Llp | 2024-09-30 | 30.4 K | Northern Trust Corp | 2024-09-30 | 24 K | Perritt Capital Management Inc. | 2024-09-30 | 20.9 K | Citadel Advisors Llc | 2024-09-30 | 17.4 K | Merit Financial Group, Llc | 2024-09-30 | 14.5 K | Essex Investment Management Company, Llc | 2024-09-30 | 13.6 K | Dimensional Fund Advisors, Inc. | 2024-09-30 | 422.3 K | Vanguard Group Inc | 2024-09-30 | 396.4 K |
Synalloy Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | (1.6M) | (390K) | 1.8M | (580K) | 410K | 430.5K | |
| Free Cash Flow | 24.1M | 14.2M | 17.6M | 503K | 20.2M | 21.2M | |
| Other Non Cash Items | (789K) | 24.1M | 3.3M | 4.3M | 21.9M | 23.0M | |
| Capital Expenditures | 4.5M | 3.7M | 1.5M | 5.1M | 2.9M | 4.6M | |
| Net Income | (3.0M) | (27.3M) | 20.2M | 22.1M | (26.6M) | (25.3M) | |
| End Period Cash Flow | 626K | 236K | 2.0M | 1.4M | 1.9M | 1.9M | |
| Change To Inventory | 20.0M | 9.1M | (18.9M) | (13.8M) | 12.2M | 12.9M | |
| Depreciation | 11.1M | 10.6M | 10.3M | 12.7M | 7.7M | 4.9M | |
| Investments | 548K | 4.4M | (32.7M) | (5.0M) | (4.5M) | (4.7M) |
Synalloy Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Synalloy or Metals & Mining sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Synalloy's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Synalloy stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.33 | |
β | Beta against Dow Jones | -0.45 | |
σ | Overall volatility | 3.11 | |
Ir | Information ratio | 0.06 |
Synalloy Volatility Alert
Synalloy currently demonstrates below-average downside deviation. It has Information Ratio of 0.06 and Jensen Alpha of 0.33. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Synalloy's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Synalloy's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Synalloy Fundamentals Vs Peers
Comparing Synalloy's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Synalloy's direct or indirect competition across all of the common fundamentals between Synalloy and the related equities. This way, we can detect undervalued stocks with similar characteristics as Synalloy or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Synalloy's fundamental indicators could also be used in its relative valuation, which is a method of valuing Synalloy by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Synalloy to competition |
| Fundamentals | Synalloy | Peer Average |
| Return On Equity | -0.25 | -0.31 |
| Return On Asset | -0.0562 | -0.14 |
| Profit Margin | (0.07) % | (1.27) % |
| Operating Margin | (0) % | (5.51) % |
| Current Valuation | 141.22 M | 16.62 B |
| Shares Outstanding | 10.09 M | 571.82 M |
| Shares Owned By Insiders | 23.43 % | 10.09 % |
| Shares Owned By Institutions | 31.31 % | 39.21 % |
| Number Of Shares Shorted | 8.97 K | 4.71 M |
| Price To Earning | 4.23 X | 28.72 X |
| Price To Book | 1.29 X | 9.51 X |
| Price To Sales | 0.67 X | 11.42 X |
| Revenue | 193.18 M | 9.43 B |
| Gross Profit | 60.77 M | 27.38 B |
| EBITDA | (29.17 M) | 3.9 B |
| Net Income | (26.63 M) | 570.98 M |
| Cash And Equivalents | 245 K | 2.7 B |
| Cash Per Share | 0.02 X | 5.01 X |
| Total Debt | 31.4 M | 5.32 B |
| Debt To Equity | 0.77 % | 48.70 % |
| Current Ratio | 2.84 X | 2.16 X |
| Book Value Per Share | 10.64 X | 1.93 K |
| Cash Flow From Operations | 23.08 M | 971.22 M |
| Short Ratio | 0.29 X | 4.00 X |
| Earnings Per Share | (1.87) X | 3.12 X |
| Target Price | 18.0 | |
| Number Of Employees | 514 | 18.84 K |
| Beta | 0.79 | -0.15 |
| Market Capitalization | 122.43 M | 19.03 B |
| Total Asset | 175.92 M | 29.47 B |
| Retained Earnings | 58.52 M | 9.33 B |
| Working Capital | 136.9 M | 1.48 B |
| Net Asset | 175.92 M |
Note: Acquisition by Anthony Pan of 1300 shares of Synalloy at 10.5 subject to Rule 16b-3 [view details]
Synalloy Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Synalloy . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Synalloy Buy or Sell Advice
When is the right time to buy or sell Synalloy? Buying financial instruments such as Synalloy Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having Synalloy in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Petroleum and Natural Gas Thematic Idea Now
Petroleum and Natural Gas
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Petroleum and Natural Gas theme has 61 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Petroleum and Natural Gas Theme or any other thematic opportunities.
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Additional Tools for Synalloy Stock Analysis
When running Synalloy's price analysis, check to measure Synalloy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Synalloy is operating at the current time. Most of Synalloy's value examination focuses on studying past and present price action to predict the probability of Synalloy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Synalloy's price. Additionally, you may evaluate how the addition of Synalloy to your portfolios can decrease your overall portfolio volatility.