Vincent Palazzolo - CPI Aerostructures Chief Financial Officer, Secretary

CVU Stock  USD 2.72  0.12  4.62%   

CFO

Mr. Vincent Palazzolo is Chief Financial Officer and Secretary of CPI Aerostructures Inc. He was Chief Financial Officer since May 2004 and secretary since March of 2008. From December 2003 to May 2004, he was employed by J. H. Cohn LLP as an audit partner. From 1988 through November 2003, Mr. Palazzolo was employed by Goldstein Golub Kessler LLP, where he was an audit partner from September 1999 through November 2003. While employed by GGK, from September 1999 to November 2003, Mr. Palazzolo also served as a managing director of American Express Tax and Business Services, Inc since 2008.
Age 51
Tenure 16 years
Address 91 Heartland Boulevard, Edgewood, NY, United States, 11717
Phone631 586 5200
Webhttps://www.cpiaero.com
Palazzolo holds a Bachelor of Business Administration in Accounting from Hofstra University, is a certified public accountant and is a member of the American Institute of Certified Public Accountants and the New York State Society of Certified Public Accountants.

CPI Aerostructures Management Efficiency

The company has Return on Asset of 0.0589 % which means that on every $100 spent on assets, it made $0.0589 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 1.3091 %, implying that it generated $1.3091 on every 100 dollars invested. CPI Aerostructures' management efficiency ratios could be used to measure how well CPI Aerostructures manages its routine affairs as well as how well it operates its assets and liabilities. At this time, CPI Aerostructures' Return On Tangible Assets are comparatively stable compared to the past year. Return On Assets is likely to gain to 0.23 in 2024, whereas Return On Capital Employed is likely to drop 0.1 in 2024. At this time, CPI Aerostructures' Non Current Liabilities Total is comparatively stable compared to the past year. Non Current Liabilities Other is likely to gain to about 6.1 M in 2024, whereas Total Current Liabilities is likely to drop slightly above 20 M in 2024.
The company has 25.21 M in debt with debt to equity (D/E) ratio of 0.36, which is OK given its current industry classification. CPI Aerostructures has a current ratio of 1.35, which is typical for the industry and considered as normal. Debt can assist CPI Aerostructures until it has trouble settling it off, either with new capital or with free cash flow. So, CPI Aerostructures' 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 CPI Aerostructures sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for CPI to invest in growth at high rates of return. When we think about CPI Aerostructures' use of debt, we should always consider it together with cash and equity.

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CPI Aerostructures, Inc. engages in the contract production of structural aircraft parts for fixed wing aircraft and helicopters in the commercial and defense markets. CPI Aerostructures, Inc. was incorporated in 1980 and is headquartered in Edgewood, New York. CPI Aerostructures operates under Aerospace Defense classification in the United States and is traded on AMEX Exchange. It employs 249 people. CPI Aerostructures (CVU) is traded on New York Stock Exchange in USA. It is located in 91 Heartland Boulevard, Edgewood, NY, United States, 11717 and employs 203 people. CPI Aerostructures is listed under Aerospace & Defense category by Fama And French industry classification.

Management Performance

CPI Aerostructures Leadership Team

Elected by the shareholders, the CPI Aerostructures' board of directors comprises two types of representatives: CPI Aerostructures inside directors who are chosen from within the company, and outside directors, selected externally and held independent of CPI. The board's role is to monitor CPI Aerostructures' management team and ensure that shareholders' interests are well served. CPI Aerostructures' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, CPI Aerostructures' outside directors are responsible for providing unbiased perspectives on the board's policies.
Douglas McCrosson, CEO and President Director and Member of Strategic Planning Committee
Dorith Hakim, President CEO
Walter Paulick, Independent Director
Carey Bond, Director
Terry Stinson, Non-Executive Chairman of the Board
Harvey Bazaar, Independent Director
Thomas Powers, Acting Chief Financial Officer
April Galena, Vice Administration
Kenneth McSweeney, Independent Director
Michael Faber, Independent Director
Janet Cooper, Independent Director
Dan Azmon, Chief Financial Officer, Secretary
Eric Rosenfeld, Non-Executive Independent Chairman of the Board
Lena Cati, IR Contact
Vincent Palazzolo, Chief Financial Officer, Secretary
Andrew Davis, Principal CFO
Richard Caswell, Independent Director

CPI 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 CPI Aerostructures 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.

Pair Trading with CPI Aerostructures

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 CPI Aerostructures 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 CPI Aerostructures will appreciate offsetting losses from the drop in the long position's value.

Moving against CPI Stock

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The ability to find closely correlated positions to CPI Aerostructures could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CPI Aerostructures 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 CPI Aerostructures - 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 CPI Aerostructures to buy it.
The correlation of CPI Aerostructures 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 CPI Aerostructures moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CPI Aerostructures 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 CPI Aerostructures 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 CPI Aerostructures is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if CPI Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Cpi Aerostructures Stock. Highlighted below are key reports to facilitate an investment decision about Cpi Aerostructures Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CPI Aerostructures. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real.
For more information on how to buy CPI Stock please use our How to Invest in CPI Aerostructures guide.
You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.

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Is CPI Aerostructures' 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 CPI Aerostructures. If investors know CPI 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 CPI Aerostructures 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
1.27
Earnings Share
1.38
Revenue Per Share
7.023
Quarterly Revenue Growth
(0.02)
Return On Assets
0.0589
The market value of CPI Aerostructures is measured differently than its book value, which is the value of CPI that is recorded on the company's balance sheet. Investors also form their own opinion of CPI Aerostructures' value that differs from its market value or its book value, called intrinsic value, which is CPI Aerostructures' 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 CPI Aerostructures' market value can be influenced by many factors that don't directly affect CPI Aerostructures' 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 CPI Aerostructures' value and its price as these two are different measures arrived at by different means. Investors typically determine if CPI Aerostructures is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CPI Aerostructures' 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.