SYNL Stock Analysis

SYNL -  USA Stock  

USD 10.28  0.21  2.09%

The modest gains experienced by current holders of Synalloy Cp created some momentum for stakeholders as it was traded today as low as 10.28 and as high as 10.83 per share. The company directors and management have been quite successful in maneuvering the stock at opportune times to take advantage of all market conditions in May. The stock standard deviation of daily returns for 90 days investing horizon is currently 2.42. The current volatility is consistent with the ongoing market swings in May 2021 as well as with Synalloy Cp unsystematic, company-specific events.
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The Synalloy stock analysis report makes it easy to digest most publicly released information about Synalloy and get updates on important government artifacts, including earning estimates, SEC corporate filings, and announcements. SYNL stock analysis module also helps to analyze the Synalloy price relationship with some important fundamental indicators such as market cap and management efficiency.

SYNL Stock Analysis Notes

About 16.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 1.17. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Synalloy Cp recorded a loss per share of 3.0. The entity next dividend is scheduled to be issued on the 29th of November 2018. The firm had 3:2 split on the 13th of June 1995. Synalloy Corporation manufactures and sells metals and specialty chemicals in the United States and internationally. Synalloy Corporation was founded in 1945 and is headquartered in Richmond, Virginia. Synalloy operates under Steel classification in the United States and is traded on NASDAQ Exchange. It employs 526 people. To find out more about Synalloy Cp contact Craig Bram at 804 822 3260 or learn more at http://www.synalloy.com.

Synalloy Cp Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Synalloy's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Synalloy Cp or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
The company reported the previous year's revenue of 251.08 M. Net Loss for the year was (25 M) with profit before overhead, payroll, taxes, and interest of 22.65 M.
About 16.0% of the company outstanding shares are owned by corporate insiders
Latest headline from MacroaxisInsider: Acquisition by Rosenzweig Benjamin L of 10000 shares of Synalloy subject to Rule 16b-3

SYNL Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Synalloy is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Synalloy Cp backward and forwards among themselves. Synalloy's institutional investor refers to the entity that pools money to purchase Synalloy's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Security TypeSharesValue
Dimensional Fund Advisors LpCommon Shares442.8 K3.9 M
Vanguard Group IncCommon Shares409.4 K3.6 M
Blackrock IncCommon Shares180.7 K1.6 M
Wells Fargo CompanyCommon Shares160.1 K1.4 M
Renaissance Technologies LlcCommon Shares151.8 K1.3 M
Royce Associates LpCommon Shares113.7 KM
Farr Miller Washington LlcCommon Shares98.7 K873 K
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.

SYNL Market Capitalization

The company currently falls under 'Micro-Cap' category with current market capitalization of 94.6 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 these looking for more risk prefer small-cap and mid-cap equities.

SYNL Profitablity

Synalloy's profitability indicators refer to fundamental financial ratios that showcase Synalloy's ability to generate income relative to its revenue or operating costs. If, let's say, Synalloy is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Synalloy's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Synalloy's profitability requires more research than a typical breakdown of Synalloy's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of (9.96) %, 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 (1.43) %, which suggests for every $100 dollars of sales, it generated a net operating loss of -0.01.

Management Efficiency

The entity has return on total asset (ROA) of (0.94) % which means that it has lost $0.94 on every $100 spent on asset. This is way below average. Similarly, it shows return on stockholders equity (ROE) of (26.85) %, meaning that it created substantial loss on money invested by shareholders. Synalloy management efficiency ratios could be used to measure how well synalloy cp manages its routine affairs as well as how well it operates its assets and liabilities.

Technical Drivers

As of the 20th of June, Synalloy has the Semi Deviation of 2.12, coefficient of variation of 1435.18, and Risk Adjusted Performance of 0.0517. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Synalloy Cp, as well as the relationship between them. 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 nineteen technical drivers for Synalloy Cp, which can be compared to its competition. Please validate Synalloy Cp variance, value at risk, as well as the relationship between the Value At Risk and skewness to decide if Synalloy is priced more or less accurately, providing market reflects its prevalent price of 10.28 per share. Given that Synalloy Cp has jensen alpha of 0.1367, we advise you to double-check Synalloy Cp's current market performance to make sure the company can sustain itself at a future point.

Synalloy Cp Price Movement Analysis

The output start index for this execution was thirty-two with a total number of output elements of twenty-nine. The MESA Adaptive Moving Average indicator adapts to Synalloy Cp price movement based on the rate change of phase as measured by the Hilbert Transform Discriminator. View also all equity analysis or get more info about mesa adaptive moving average overlap studies indicator.

Synalloy Cp Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Synalloy insiders, such as employees or executives, is commonly permitted as long as it does not rely on Synalloy's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Synalloy insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

Synalloy Technical and Predictive Indicators

Synalloy Forecast Models

Synalloy time-series forecasting models is one of many Synalloy's stock analysis techniquest aimed to predict 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 stock market movement and maximize returns from investment trading.

About Synalloy Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Synalloy stock is reacting to, or reflecting on a current stock market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling SYNL 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 SYNL Stock analysis, traders can create a robust methodology for identifying SYNL entry and exit points for their positions.
Synalloy Corporation manufactures and sells metals and specialty chemicals in the United States and internationally. Synalloy Corporation was founded in 1945 and is headquartered in Richmond, Virginia. Synalloy operates under Steel classification in the United States and is traded on NASDAQ Exchange. It employs 526 people.

Current SYNL Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. SYNL 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. SYNL 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.
Target PriceAdvice# of Analysts
11.0Strong Buy1Odds
Synalloy Cp current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most SYNL analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand SYNL stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Synalloy Cp, talking to its executives and customers, or listening to SYNL conference calls.
SYNL Analyst Advice Details

SYNL Stock Analysis Indicators

Synalloy Cp 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.
Quick Ratio1.09
Fifty Two Week Low3.81
Revenue Growth-6.60%
Shares Short Prior Month31.2k
Average Daily Volume Last 10 Day29.94k
Average Daily Volume In Three Month19.38k
Shares Percent Shares Out0.28%
Gross Margins9.65%
Short Percent Of Float0.39%
Forward Price Earnings28.56
Float Shares6.53M
Fifty Two Week High11.58
Enterprise Value To Ebitda27.73
Fifty Day Average9.87
Two Hundred Day Average8.88
Enterprise Value To Revenue0.75
Additionally, take a look at World Market Map. Note that the Synalloy Cp information on this page should be used as a complementary analysis to other Synalloy's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.

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When running Synalloy Cp 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 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.
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The market value of Synalloy Cp is measured differently than its book value, which is the value of SYNL 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 Cp underlying business (such as 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 Synalloy value 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.