Is Synalloy Stock a Good Investment?
Synalloy Investment Advice | ACNT |
- Examine Synalloy's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Synalloy's leadership team and their track record. Good management can help Synalloy navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Diversified Metals & Mining space and any emerging trends that could impact Synalloy's business and its evolving consumer preferences.
- Compare Synalloy's performance and market position to its competitors. Analyze how Synalloy is positioned in terms of product offerings, innovation, and market share.
- Check if Synalloy pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Synalloy's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Synalloy stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Synalloy is a good investment.
Sell | Buy |
Strong Buy
Market Performance | Very Weak | Details | |
Volatility | Not too volatile | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Slowly supersedes the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Inapplicable | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Synalloy Stock
Researching Synalloy's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 22.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 1.19. Some equities with similar Price to Book (P/B) outperform the market in the long run. Synalloy recorded a loss per share of 1.87. The entity last dividend was issued on the 29th of November 2018. The firm had 3:2 split on the 13th of June 1995.
To determine if Synalloy is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Synalloy's research are outlined below:
| Synalloy generated a negative expected return 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 12.7 M. | |
| About 22.0% of the company shares are held by company insiders | |
| Latest headline from MacroaxisInsider: Acquisition by Anthony Pan of 2471 shares of Synalloy at 7.9 subject to Rule 16b-3 |
Synalloy uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Synalloy. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Synalloy's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 29th of March 2024 Upcoming Quarterly Report | View | |
| 14th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 29th of March 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Earnings surprises can significantly impact Synalloy's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Synalloy's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2010-04-23 | 2010-03-31 | 0.07 | 0.06 | -0.01 | 14 | ||
2016-05-09 | 2016-03-31 | -0.09 | -0.11 | -0.02 | 22 | ||
2009-04-24 | 2009-03-31 | 0.05 | 0.03 | -0.02 | 40 | ||
1998-10-16 | 1998-09-30 | 0.09 | 0.07 | -0.02 | 22 | ||
1994-04-25 | 1994-03-31 | 0.2 | 0.18 | -0.02 | 10 | ||
1994-02-22 | 1993-12-31 | 0.15 | 0.13 | -0.02 | 13 | ||
1997-01-31 | 1996-12-31 | 0.23 | 0.2 | -0.03 | 13 | ||
1994-07-20 | 1994-06-30 | 0.23 | 0.26 | 0.03 | 13 |
Synalloy Target Price Consensus
Synalloy target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Synalloy's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
| One | Strong Buy |
Most Synalloy analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Synalloy stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Synalloy, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice Exposure ValuationSynalloy Target Price Projection
Synalloy's current and average target prices are 11.18 and 20.00, respectively. The current price of Synalloy is the price at which Synalloy is currently trading. On the other hand, Synalloy's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.Target Price
Analyst Consensus On Synalloy Target Price
Synalloy Analyst Ratings
Synalloy's analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about Synalloy stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of Synalloy's financials, market performance, and future outlook by experienced professionals. Synalloy's historical ratings below, therefore, can serve as a valuable tool for investors.Know Synalloy's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Synalloy is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Synalloy backward and forwards among themselves. Synalloy's institutional investor refers to the entity that pools money to purchase Synalloy's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Empowered Funds, Llc | 2024-12-31 | 44.7 K | Susquehanna International Group, Llp | 2024-12-31 | 44.6 K | Boothbay Fund Management, Llc | 2024-09-30 | 41.8 K | State Street Corp | 2024-12-31 | 37.6 K | Northern Trust Corp | 2024-12-31 | 35.4 K | Minerva Advisors Llc | 2024-12-31 | 30.4 K | Perritt Capital Management Inc. | 2024-09-30 | 20.9 K | Millennium Management Llc | 2024-12-31 | 18.6 K | Qube Research & Technologies | 2024-12-31 | 17.7 K | Dimensional Fund Advisors, Inc. | 2024-12-31 | 417.5 K | Vanguard Group Inc | 2024-12-31 | 394.5 K |
Synalloy's market capitalization trends
The company currently falls under 'Small-Cap' category with a current market capitalization of 112.65 M.Market Cap |
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Synalloy's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.23) | (0.22) | |
| Return On Capital Employed | (0.19) | (0.18) | |
| Return On Assets | (0.22) | (0.21) | |
| Return On Equity | (0.37) | (0.35) |
Determining Synalloy's profitability involves analyzing its financial statements and using various financial metrics to determine if Synalloy is a good buy. For example, gross profit margin measures Synalloy's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Synalloy's profitability and make more informed investment decisions.
Please note, the imprecision that can be found in Synalloy's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Synalloy. Check Synalloy's Beneish M Score to see the likelihood of Synalloy's management manipulating its earnings.
Evaluate Synalloy's management efficiency
Synalloy has return on total asset (ROA) of (0.0462) % which means that it has lost $0.0462 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.1973) %, meaning that it created substantial loss on money invested by shareholders. Synalloy's management efficiency ratios could be used to measure how well Synalloy manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to gain to -0.22 in 2025. Return On Capital Employed is likely to gain to -0.18 in 2025. Change To Liabilities is likely to gain to about 13.1 M in 2025, whereas Total Current Liabilities is likely to drop slightly above 22.3 M in 2025.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 9.54 | 6.03 | |
| Tangible Book Value Per Share | 8.78 | 5.37 | |
| Enterprise Value Over EBITDA | (3.90) | (3.71) | |
| Price Book Value Ratio | 1.04 | 1.65 | |
| Enterprise Value Multiple | (3.90) | (3.71) | |
| Price Fair Value | 1.04 | 1.65 | |
| Enterprise Value | 113.8 M | 74.6 M |
Leadership effectiveness at Synalloy is a strong indicator of its financial stability. We analyze various metrics to provide insights into the stock's investment viability.
Beta 0.838 |
Basic technical analysis of Synalloy Stock
As of the 1st of March, Synalloy has the Semi Deviation of 1.22, coefficient of variation of 1287.05, and Risk Adjusted Performance of 0.063. Synalloy technical analysis provides you with a way to harness past market data to determine a pattern that measures the direction of the company's future prices.Synalloy's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Synalloy insiders, such as employees or executives, is commonly permitted as long as it does not rely on Synalloy's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Synalloy insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Understand Synalloy's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Synalloy's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.063 | |||
| Market Risk Adjusted Performance | 0.2911 | |||
| Mean Deviation | 1.27 | |||
| Semi Deviation | 1.22 | |||
| Downside Deviation | 1.35 | |||
| Coefficient Of Variation | 1287.05 | |||
| Standard Deviation | 1.73 | |||
| Variance | 2.99 | |||
| Information Ratio | 0.0852 | |||
| Jensen Alpha | 0.1346 | |||
| Total Risk Alpha | 0.1784 | |||
| Sortino Ratio | 0.109 | |||
| Treynor Ratio | 0.2811 | |||
| Maximum Drawdown | 8.73 | |||
| Value At Risk | (2.32) | |||
| Potential Upside | 3.18 | |||
| Downside Variance | 1.83 | |||
| Semi Variance | 1.49 | |||
| Expected Short fall | (1.57) | |||
| Skewness | 1.12 | |||
| Kurtosis | 2.17 |
| Risk Adjusted Performance | 0.063 | |||
| Market Risk Adjusted Performance | 0.2911 | |||
| Mean Deviation | 1.27 | |||
| Semi Deviation | 1.22 | |||
| Downside Deviation | 1.35 | |||
| Coefficient Of Variation | 1287.05 | |||
| Standard Deviation | 1.73 | |||
| Variance | 2.99 | |||
| Information Ratio | 0.0852 | |||
| Jensen Alpha | 0.1346 | |||
| Total Risk Alpha | 0.1784 | |||
| Sortino Ratio | 0.109 | |||
| Treynor Ratio | 0.2811 | |||
| Maximum Drawdown | 8.73 | |||
| Value At Risk | (2.32) | |||
| Potential Upside | 3.18 | |||
| Downside Variance | 1.83 | |||
| Semi Variance | 1.49 | |||
| Expected Short fall | (1.57) | |||
| Skewness | 1.12 | |||
| Kurtosis | 2.17 |
Consider Synalloy's intraday indicators
Synalloy intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Synalloy stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Accumulation Distribution | 161.04 | |||
| Daily Balance Of Power | (0.05) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 11.23 | |||
| Day Typical Price | 11.21 | |||
| Price Action Indicator | (0.06) | |||
| Period Momentum Indicator | (0.01) |
Synalloy Corporate Filings
8K | 18th of February 2025 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
F4 | 20th of December 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
F3 | 19th of December 2024 The report used by insiders such as officers, directors, and major shareholders (beneficial owners holding more than 10% of any class of the company's equity securities) to declare their ownership of a company's stock | ViewVerify |
13A | 13th of November 2024 An amended filing to the original Schedule 13G | ViewVerify |
Synalloy Stock media impact
Far too much social signal, news, headlines, and media speculation about Synalloy that are available to investors today. That information is available publicly through Synalloy media outlets and privately through word of mouth or via Synalloy internal channels. However, regardless of the origin, that massive amount of Synalloy data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Synalloy news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Synalloy relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Synalloy's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Synalloy alpha.
Synalloy Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Synalloy can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Synalloy Corporate Management
| Ryan Kavalauskas | Chief Officer | Profile | |
| Douglas Tackett | Chief Secretary | Profile | |
| Robert Peay | Corporate Secretary | Profile | |
| Anthony Pan | Vice Development | Profile | |
| John Tidlow | Ex Inc | Profile | |
| Nicole Durham | Chief Officer | Profile |
Already Invested in Synalloy?
The danger of trading Synalloy is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Synalloy is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Synalloy. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Synalloy is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
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.