We provide trade advice to complement the prevailing
expert consensus on Ampco-Pittsburgh Corp. Our dynamic recommendation engine uses a multidimensional algorithm to analyze the company's potential to grow using all technical and fundamental data available at the time.
The company has Net Profit Margin (PM) of
2.43 %, which suggests that even a small decline in it sales will erase profits and may result in a net loss, or a negative profit margin. This is typical in the industry. Likewise, it shows Net Operating Margin (NOM) of
1.68 %, which signifies that for every $100 of sales, it has a net operating income of 0.02.
The successful prediction of Ampco Pittsburgh
stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published
stock prices of traded companies, such as Ampco Pittsburgh, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at
the intrinsic value of Ampco Pittsburgh based on Ampco Pittsburgh hews, social hype, general headline patterns, and widely used
predictive technical indicators. We also calculate exposure to Ampco Pittsburgh's
market risk, different
technical and
fundamental indicators, relevant financial multiples and ratios, and then
comparing them to Ampco Pittsburgh's related companies.
Use Technical Analysis to project Ampco expected Price
Ampco Pittsburgh technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Ampco Pittsburgh technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Ampco Pittsburgh trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions.
More Info...Ampco Pittsburgh Gross Profit
Ampco Pittsburgh Gross Profit growth is one of the most critical measures in evaluating the company. The Gross Profit growth rate is calculated simply by comparing Ampco Pittsburgh previous period's values with its current period's values. Each time period you're measuring should be of equal lengths the increase or decrease, in a company's Gross Profit between two periods. Here we show Ampco Pittsburgh Gross Profit growth over the last 10 years. Please check Ampco Pittsburgh's
gross profit and other
fundamental indicators for more details.
Going after Ampco Financials
The company generated the yearly revenue of 328.54
M. Reported Net Income was 7.97
M with gross profit of 71.03
M.
| 2018 | 2019 | 2020 | 2021 (projected) |
Interest Expense | 4.13 M | 5.34 M | 4.11 M | 3.25 M | Gross Profit | 67.59 M | 71.75 M | 71.03 M | 65.99 M |
Cost of Revenue Breakdown
Ampco-Pittsburgh Cost of Revenue yearly trend continues to be very stable with very little volatility. Cost of Revenue is likely to grow to about 286.7
M this year. Cost of Revenue usually refers to the aggregate cost of goods produced and sold and services rendered during the reporting period. Ampco-Pittsburgh Cost of Revenue is very stable at the moment as compared to the past year. Ampco-Pittsburgh reported last year Cost of Revenue of 257.51 Million
| 2014 | 218.6 Million |
| 2015 | 196.09 Million |
| 2016 | 276.5 Million |
| 2017 | 316.98 Million |
| 2018 | 351.84 Million |
| 2019 | 326.16 Million |
| 2020 | 257.51 Million |
| 2021 | 286.72 Million |
Will Ampco-Pittsburgh growth be viable after the roll up?
Recent Risk Adjusted Performance is up to 0.07. Price may decline again. Ampco-Pittsburgh Corp shows above-average downside volatility for the selected time horizon. We advise investors to inspect Ampco-Pittsburgh Corp further and ensure that all market timing and asset allocation strategies are consistent with the estimation of Ampco-Pittsburgh future alpha. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Ampco-Pittsburgh's stock risk against market volatility during both bullying and bearish trends. The higher level of volatility that comes with bear markets can directly impact Ampco-Pittsburgh'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 stocks as prices fall.
The Bottom Line
Although some other firms within the metal fabrication industry are still a little expensive, even after the recent corrections, Ampco-Pittsburgh may offer a potential longer-term growth to insiders. The inconsistency in the assessment between current Ampco-Pittsburgh valuation and our trade advice on Ampco-Pittsburgh is due to the recent market swings and your selection of investing horizon. Please use our equity advice module to run different scenarios to ensure your current risk level and investment horizon are fully reflective of your current investing preferences in regards to Ampco-Pittsburgh.
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Gabriel Shpitalnik is a Member of Macroaxis Editorial Board. Gabriel is a young entrepreneur and writes predominantly on the business, technology, and finance sector. He likes to analyze different equity instruments across a wide range of industries focusing primarily on consumer products and evolving technologies.
View Profile This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Gabriel Shpitalnik do not own shares of Ampco Pittsburgh. Please refer to our
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