Arts Way Manufacturing Co Stock Today

ARTW Stock  USD 1.95  0.05  2.50%   

Performance

0 of 100

 
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Odds Of Distress

Less than 27

 
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Arts Way is selling for under 1.95 as of the 23rd of April 2024; that is -2.5 percent decrease since the beginning of the trading day. The stock's lowest day price was 1.95. Arts Way has about a 27 % chance of experiencing some form of financial distress in the next two years of operation but has generated negative returns over the last 90 days. Equity ratings for Arts Way Manufacturing Co are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 24th of March 2024 and ending today, the 23rd of April 2024. Click here to learn more.
Business Domain
Capital Goods
IPO Date
7th of September 1984
Category
Industrials
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. The company has 5.07 M outstanding shares of which 2.83 K shares are presently shorted by private and institutional investors with about 0.12 trading days to cover. More on Arts Way Manufacturing Co

Arts Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Arts Way's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Arts Way or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
President CEO, Interim CFOCarrie Majeski
Business ConcentrationAgricultural & Farm Machinery, Farm & Heavy Construction Machinery, Industrials, NASDAQ Composite, NASDAQ Composite Total, Industrials, Machinery, Farm & Heavy Construction Machinery, Industrials (View all Sectors)
Financial Strength
Based on the key measurements obtained from Arts Way's financial statements, Arts Way Manufacturing Co may be sliding down financialy. It has an above-average odds of going through some form of financial crisis next quarter. Financial strength of Arts Way Manufacturing is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover1.421.1597
Fairly Up
Slightly volatile
Gross Profit Margin0.290.2971
Fairly Down
Very volatile
Net DebtM9.4 M
Way Down
Very volatile
Total Current Liabilities6.2 M10.8 M
Way Down
Slightly volatile
Non Current Liabilities Total3.1 M3.9 M
Significantly Down
Slightly volatile
Total Assets19.6 M28.1 M
Way Down
Pretty Stable
Total Current Assets13.6 M17.3 M
Significantly Down
Pretty Stable
Arts Way's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Arts Way's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Arts Way's financial leverage. It provides some insight into what part of Arts Way's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Arts Way's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Arts Way deploys its capital and how much of that capital is borrowed.
Liquidity
Arts Way cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. 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.

Capital Expenditures

767,906
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. The company currently falls under 'Micro-Cap' category with a current market capitalization of 10.14 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Arts Way's market, we take the total number of its shares issued and multiply it by Arts Way's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Arts Way Manufacturing conducts business under Machinery sector and is part of Industrials industry. The entity has 5.07 M outstanding shares of which 2.83 K shares are presently shorted by private and institutional investors with about 0.12 trading days to cover. Arts Way Manufacturing Co currently holds about 4.14 K in cash with (55.19 K) of positive cash flow from operations.
Check Arts Way Probability Of Bankruptcy
Ownership Allocation
Arts Way Manufacturing retains a total of 5.07 Million outstanding shares. Arts Way Manufacturing Co retains significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Arts Ownership Details

Arts Stock Price Odds Analysis

Depending on a normal probability distribution, the odds of Arts Way jumping above the current price in 90 days from now is more than 93.0%. The Arts Way Manufacturing Co probability density function shows the probability of Arts Way stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Arts Way Manufacturing Co has a beta of -0.1045. This suggests as returns on the benchmark increase, returns on holding Arts Way are expected to decrease at a much lower rate. During a bear market, however, Arts Way Manufacturing Co is likely to outperform the market. Additionally, arts Way Manufacturing Co has an alpha of 0.0308, implying that it can generate a 0.0308 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 1.95HorizonTargetOdds Above 1.95
6.61%90 days
 1.95 
93.28%
Based on a normal probability distribution, the odds of Arts Way to move above the current price in 90 days from now is more than 93.0 (This Arts Way Manufacturing Co probability density function shows the probability of Arts Stock to fall within a particular range of prices over 90 days) .

Arts Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Arts Way that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Arts Way's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Arts Way's value.
InstituionRecorded OnShares
Jpmorgan Chase & Co2023-12-31
4.0
Bank Of America Corp2023-12-31
1.0
National Asset Management Inc2023-09-30
0.0
Citigroup Inc2023-12-31
0.0
Sweet Financial Partners, Llc2023-09-30
0.0
Renaissance Technologies Corp2023-12-31
42.2 K
Dimensional Fund Advisors, Inc.2023-12-31
32.2 K
Shufro Rose & Co Llc2023-12-31
21.9 K
Geode Capital Management, Llc2023-12-31
19.5 K
Vanguard Group Inc2023-12-31
16.8 K
State Street Corporation2023-12-31
12.1 K
View Arts Way Diagnostics

Arts Way Historical Income Statement

Arts Way Manufacturing Co Income Statement is one of the three primary financial statements used for reporting Arts's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Arts Way Manufacturing revenue and expense. Arts Way Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Arts Way's Operating Income is fairly stable compared to the past year. EBIT is likely to climb to about 1.4 M in 2024, whereas Interest Expense is likely to drop slightly above 385.3 K in 2024. View More Fundamentals

Arts Stock Against Markets

Picking the right benchmark for Arts Way stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Arts Way stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Arts Way is critical whether you are bullish or bearish towards Arts Way Manufacturing Co at a given time. Please also check how Arts Way's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Arts Way without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Arts Way Corporate Directors

Arts Way corporate directors refer to members of an Arts Way board of directors. The board of directors generally takes responsibility for the Arts Way's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Arts Way's board members must vote for the resolution. The Arts Way board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
David WhiteDirectorProfile
David CastleDirectorProfile
Joseph DancyIndependent DirectorProfile
Thomas BuffamanteIndependent DirectorProfile

How to buy Arts Stock?

Before investing in Arts Way, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Arts Way. To buy Arts Way stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Arts Way. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Arts Way stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Arts Way Manufacturing Co stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Arts Way Manufacturing Co stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Arts Way Manufacturing Co, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. 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. For more information on how to buy Arts Stock please use our How to Invest in Arts Way guide.

Already Invested in Arts Way Manufacturing Co?

The danger of trading Arts Way Manufacturing Co 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 Arts Way 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 Arts Way. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Arts Way Manufacturing 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.
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.
You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.

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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
Revenue Per Share
5.768
Quarterly Revenue Growth
(0.19)
Return On Assets
0.0152
Return On Equity
(0)
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.