Synalloy Stock Analysis

Synalloy Stock Analysis Notes

About 13.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 0.99. Some equities with similar Price to Book (P/B) outperform the market in the long run. Synalloy recorded a loss per share of 3.37. The entity last dividend was issued on the 29th of November 2018. The firm had 3:2 split on the 13th of June 1995. Ascent Industries Co. an industrials company, focuses on the production and distribution of industrial tubular products and specialty chemicals in the United States and internationally. Ascent Industries Co. was founded in 1945 and is headquartered in Oak Brook, Illinois. Ascent Industries operates under Steel classification in the United States and is traded on NASDAQ Exchange. It employs 638 people. For more info on Synalloy please contact Christopher Hutter at 630 884 9181 or go to https://www.ascentco.com.

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Synalloy Thematic Classifications

Synalloy Stock Institutional Investors

Note, although Synalloy's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Synalloy Market Capitalization

The company currently falls under 'Small-Cap' category with a current market capitalization of 104.99 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Synalloy's market, we take the total number of its shares issued and multiply it by Synalloy'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.

Synalloy Profitablity

The company has Profit Margin (PM) of (0.14) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of (2.11) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $2.11.

Management Efficiency

Synalloy has return on total asset (ROA) of (0.0728) % which means that it has lost $0.0728 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.2826) %, 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 -0.15 in 2024. Return On Capital Employed is likely to gain to -0.16 in 2024. Change To Liabilities is likely to gain to about 13.1 M in 2024, whereas Total Current Liabilities is likely to drop slightly above 22.3 M in 2024.

Technical Drivers

As of the 25th of April, Synalloy has the Variance of 5.17, risk adjusted performance of 0.0012, and Coefficient Of Variation of (10,252). 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. In other words, you can use this information to find out if the company will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We were able to interpolate thirteen technical drivers for Synalloy, which can be compared to its competition. Please validate Synalloy standard deviation and value at risk to decide if Synalloy is priced more or less accurately, providing market reflects its prevalent price of 10.22 per share. Given that Synalloy has information ratio of (0.05), we advise you to double-check Synalloy's current market performance to make sure the company can sustain itself at a future point.

Synalloy Price Movement Analysis

Synalloy Insider Trading Activities

Synalloy Predictive Daily Indicators

Synalloy Corporate Filings

Synalloy Forecast Models

Synalloy's time-series forecasting models are one of many Synalloy's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Synalloy's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Stock analysis is the technique used by a trader or investor to examine and evaluate how Synalloy prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Synalloy shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Synalloy. By using and applying Synalloy Stock analysis, traders can create a robust methodology for identifying Synalloy entry and exit points for their positions.

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Synalloy analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Synalloy analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.

Synalloy stock analysis indicators help investors evaluate how Synalloy stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Synalloy shares will generate the highest return on investment. By understating and applying Synalloy stock analysis, traders can identify Synalloy position entry and exit signals to maximize returns.

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Synalloy. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. For more information on how to buy Synalloy Stock please use our How to Invest in Synalloy guide.You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.

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.

Is Synalloy'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 Synalloy. If investors know Synalloy 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 Synalloy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

The market value of Synalloy is measured differently than its book value, which is the value of Synalloy that is recorded on the company's balance sheet. Investors also form their own opinion of Synalloy's value that differs from its market value or its book value, called intrinsic value, which is Synalloy'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 Synalloy's market value can be influenced by many factors that don't directly affect Synalloy'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 Synalloy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Synalloy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Synalloy'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.