Marc McConnell - Arts Way Executive Vice Chairman

ARTW Stock  USD 2.09  0.03  1.46%   

Chairman

Mr. Marc H. McConnell is Executive Vice Chairman of the Board of ArtWay Manufacturing Co., Inc. Mr. McConnell was a private investor for more than twelve years. Mr. McConnell was a director of the Company from 1996 to 2001 and returned and has served as a director since February 2002. Our Chairman, Marc McConnell, is the son of Mr. McConnell. Mr. McConnell served as the Chairman of the Board from 2002 to April 2015, at which time he became our Vice Chairman. Mr. McConnell currently resides in Fort Myers, Florida. Among other attributes, skills, and qualifications, the Board believes that Mr. McConnell is uniquely qualified to serve as a director due to his extensive experience in the farm equipment manufacturing industry throughout his career. since 2008.
Age 38
Tenure 16 years
Address 5556 Highway 9, Armstrong, IA, United States, 50514
Phone712 864 3131
Webhttps://www.artsway-mfg.com

Marc McConnell Latest Insider Activity

Tracking and analyzing the buying and selling activities of Marc McConnell against Arts Way stock is an integral part of due diligence when investing in Arts Way. Marc McConnell insider activity provides valuable insight into whether Arts Way is net buyers or sellers over its current business cycle. Note, Arts Way insiders must abide by specific rules, including filing SEC forms every time they buy or sell Arts Way'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

Arts Way Management Efficiency

The company has return on total asset (ROA) of 0.0396 % which means that it generated a profit of $0.0396 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.0669 %, meaning that it created $0.0669 on every $100 dollars invested by stockholders. Arts Way's management efficiency ratios could be used to measure how well Arts Way manages its routine affairs as well as how well it operates its assets and liabilities. Return On Capital Employed is likely to climb to -0.04 in 2024. Return On Assets is likely to climb to -0.06 in 2024. At this time, Arts Way's Other Current Assets are fairly stable compared to the past year. Non Currrent Assets Other is likely to climb to about 2.1 M in 2024, whereas Non Current Assets Total are likely to drop slightly above 6 M in 2024.
The company currently holds 8.15 M in liabilities with Debt to Equity (D/E) ratio of 0.78, which is about average as compared to similar companies. Arts-Way Manufacturing has a current ratio of 1.43, which is within standard range for the sector. Debt can assist Arts Way until it has trouble settling it off, either with new capital or with free cash flow. So, Arts Way's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Arts-Way Manufacturing sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Arts to invest in growth at high rates of return. When we think about Arts Way's use of debt, we should always consider it together with cash and equity.

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Arts-Way Manufacturing Co., Inc. manufactures and sells agricultural equipment, specialized modular science buildings, and steel cutting tools in the United States and internationally. Arts-Way Manufacturing Co., Inc. was founded in 1956 and is based in Armstrong, Iowa. Art S operates under Farm Heavy Construction Machinery classification in the United States and is traded on NASDAQ Exchange. It employs 131 people. Arts Way Manufacturing Co (ARTW) is traded on NASDAQ Exchange in USA. It is located in 5556 Highway 9, Armstrong, IA, United States, 50514 and employs 93 people. Arts Way is listed under Agricultural & Farm Machinery category by Fama And French industry classification.

Management Performance

Arts-Way Manufacturing Leadership Team

Elected by the shareholders, the Arts Way's board of directors comprises two types of representatives: Arts Way inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Arts. The board's role is to monitor Arts Way's management team and ensure that shareholders' interests are well served. Arts Way's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Arts Way's outside directors are responsible for providing unbiased perspectives on the board's policies.
David White, Director
Ward McConnell, Executive Chairman
Marc McConnell, Executive Vice Chairman
David Castle, Director
Joseph Dancy, Independent Director
Michael Woods, Principal Accounting Officer, Controller
Carrie Majeski, President CEO, Interim CFO
Amber Murra, CFO
Rita Flanscha, Marketing MFG
Thomas Buffamante, Independent Director
Douglas McClellan, Independent Director
Carrie Gunnerson, President CEO
James Lynch, Independent Director
Brian Wrightsman, Vice MFG
Emily Bailey, Marketing MFG
David King, President CEO
Mike Loux, Director MFG

Arts Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Arts Way a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Arts Way in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Arts Way's short interest history, or implied volatility extrapolated from Arts Way options trading.

Pair Trading with Arts Way

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Arts Way position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Arts Way will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Arts Way could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Arts Way when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Arts Way - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Arts Way Manufacturing Co to buy it.
The correlation of Arts Way is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Arts Way moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Arts-Way Manufacturing moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Arts Way can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Arts-Way Manufacturing is a strong investment it is important to analyze Arts Way's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Arts Way's future performance. For an informed investment choice regarding Arts Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Arts Way Manufacturing Co. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
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When running Arts Way's price analysis, check to measure Arts Way'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 Arts Way is operating at the current time. Most of Arts Way's value examination focuses on studying past and present price action to predict the probability of Arts Way's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Arts Way's price. Additionally, you may evaluate how the addition of Arts Way to your portfolios can decrease your overall portfolio volatility.
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Is Arts Way's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Arts Way. If investors know Arts will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Arts Way listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.584
Earnings Share
0.15
Revenue Per Share
6.053
Quarterly Revenue Growth
0.036
Return On Assets
0.0396
The market value of Arts-Way Manufacturing is measured differently than its book value, which is the value of Arts that is recorded on the company's balance sheet. Investors also form their own opinion of Arts Way's value that differs from its market value or its book value, called intrinsic value, which is Arts Way's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Arts Way's market value can be influenced by many factors that don't directly affect Arts Way's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Arts Way's value and its price as these two are different measures arrived at by different means. Investors typically determine if Arts Way is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Arts Way's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.