Alpha Pro Tech Stock Today

APT Stock  USD 6.24  0.17  2.65%   

Performance

8 of 100

 
Low
 
High
OK

Odds Of Distress

Less than 6

 
100  
 
Zero
Low
Alpha Pro is selling for under 6.24 as of the 29th of March 2024; that is -2.65 percent decrease since the beginning of the trading day. The stock's last reported lowest price was 6.23. Alpha Pro has only a 6 % chance of going through financial distress over the next few years but had a somewhat ok performance during the last 90 days. Equity ratings for Alpha Pro Tech are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 9th of April 2022 and ending today, the 29th of March 2024. Click here to learn more.
Business Domain
Capital Goods
IPO Date
24th of July 1995
Category
Industrials
Alpha Pro Tech, Ltd., together with its subsidiaries, develops, manufactures, and markets a range of disposable protective apparel, infection control, and building supply products in the United States and internationally. Alpha Pro Tech, Ltd. was founded in 1983 and is headquartered in Markham, Canada. The company has 11.46 M outstanding shares of which 106.58 K shares are presently shorted by investors with about 1.97 days to cover. More on Alpha Pro Tech

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Follow Valuation Options Odds of Bankruptcy
Check how we calculate scores

Alpha 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. Alpha Pro's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Alpha Pro or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEOLloyd Hoffman
Old Names[Axa Property Trust, Afterpay Limited]
Business ConcentrationBuilding Products, Building Products & Equipment, Industrials, Industrials, Building Products, Building Products & Equipment, Industrials (View all Sectors)
Average Analyst Recommendation
Analysts covering Alpha Pro report their recommendations after researching Alpha Pro's financial statements, talking to executives and customers, or listening in on Alpha Pro's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Alpha Pro Tech. The Alpha consensus assessment is calculated by taking the average forecast from all of the analysts covering Alpha Pro.
Financial Strength
Based on the analysis of Alpha Pro's profitability, liquidity, and operating efficiency, Alpha Pro Tech may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. Financial strength of Alpha Pro Tech is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover1.540.8905
Way Up
Pretty Stable
Gross Profit Margin0.450.3577
Significantly Up
Slightly volatile
Total Current Liabilities2.8 M2.6 M
Notably Up
Slightly volatile
Total Assets35.3 M68.8 M
Way Down
Slightly volatile
Total Current Assets28.2 M53.1 M
Way Down
Slightly volatile
Alpha Pro's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Alpha Pro'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 Alpha Pro's financial leverage. It provides some insight into what part of Alpha Pro's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Alpha Pro'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 Alpha Pro deploys its capital and how much of that capital is borrowed.
Liquidity
Alpha Pro 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 has 4.85 M in debt with debt to equity (D/E) ratio of 0.04, which may show that the company is not taking advantage of profits from borrowing. Alpha Pro Tech has a current ratio of 20.21, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Debt can assist Alpha Pro until it has trouble settling it off, either with new capital or with free cash flow. So, Alpha Pro'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 Alpha Pro Tech sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Alpha to invest in growth at high rates of return. When we think about Alpha Pro's use of debt, we should always consider it together with cash and equity.

Capital Expenditures

794,710
Alpha Pro Tech (APT) is traded on NYSE MKT Exchange in USA. It is located in 53 Wellington Street East, Markham, ON, Canada, L4G 1H6 and employs 124 people. Alpha Pro is listed under Building Products category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a total capitalization of 73.47 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Alpha Pro's market, we take the total number of its shares issued and multiply it by Alpha Pro'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. Alpha Pro Tech runs under Building Products sector within Industrials industry. The entity has 11.46 M outstanding shares of which 106.58 K shares are presently shorted by investors with about 1.97 days to cover. Alpha Pro Tech has about 15.34 M in cash with 8.46 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.2.
Check Alpha Pro Probability Of Bankruptcy
Ownership Allocation
Alpha Pro Tech retains a total of 11.46 Million outstanding shares. Alpha Pro Tech shows 15.13 percent of its outstanding shares held by insiders and 22.44 percent owned by other corporate entities. 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 Alpha Ownership Details

Alpha Stock Price Odds Analysis

Attributed to a normal probability distribution, the odds of Alpha Pro jumping above the current price in 90 days from now is under 4%. The Alpha Pro Tech probability density function shows the probability of Alpha Pro stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 1.0987. This suggests Alpha Pro Tech market returns are related to returns on the market. As the market goes up or down, Alpha Pro is expected to follow. Additionally, alpha Pro Tech has an alpha of 0.1684, implying that it can generate a 0.17 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 6.24HorizonTargetOdds Above 6.24
96.00%90 days
 6.24 
3.96%
Based on a normal probability distribution, the odds of Alpha Pro to move above the current price in 90 days from now is under 4 (This Alpha Pro Tech probability density function shows the probability of Alpha Stock to fall within a particular range of prices over 90 days) .

Alpha Pro Historical Income Statement

Alpha Pro Tech Income Statement is one of the three primary financial statements used for reporting Alpha's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Alpha Pro Tech revenue and expense. Alpha Pro Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Alpha Pro's Tax Provision is comparatively stable compared to the past year. Interest Income is likely to gain to about 690.9 K in 2024, whereas Total Revenue is likely to drop slightly above 44.1 M in 2024. View More Fundamentals

Alpha Stock Against Markets

Picking the right benchmark for Alpha Pro 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 Alpha Pro 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 Alpha Pro is critical whether you are bullish or bearish towards Alpha Pro Tech at a given time. Please also check how Alpha Pro'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 Alpha Pro 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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Alpha Pro Corporate Directors

Alpha Pro corporate directors refer to members of an Alpha Pro board of directors. The board of directors generally takes responsibility for the Alpha Pro'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 Alpha Pro's board members must vote for the resolution. The Alpha Pro board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
John RitotaIndependent DirectorProfile
Danny MontgomerySr. VP of Manufacturing and Engineered Products and DirectorProfile
David AndersonIndependent DirectorProfile
James BuchanIndependent DirectorProfile

How to buy Alpha Stock?

Before investing in Alpha Pro, 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 Alpha Pro. To buy Alpha Pro stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Alpha Pro. 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 Alpha Pro stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Alpha Pro Tech 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 Alpha Pro Tech 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 Alpha Pro Tech, 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 Alpha Stock please use our How to Invest in Alpha Pro guide.

Already Invested in Alpha Pro Tech?

The danger of trading Alpha Pro Tech 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 Alpha Pro 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 Alpha Pro. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Alpha Pro Tech 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 Alpha Pro Tech 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 Alpha 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 Alpha Pro Tech Stock. Highlighted below are key reports to facilitate an investment decision about Alpha Pro Tech Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alpha Pro Tech. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .

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When running Alpha Pro's price analysis, check to measure Alpha Pro'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 Alpha Pro is operating at the current time. Most of Alpha Pro's value examination focuses on studying past and present price action to predict the probability of Alpha Pro's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alpha Pro's price. Additionally, you may evaluate how the addition of Alpha Pro to your portfolios can decrease your overall portfolio volatility.
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Is Alpha Pro'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 Alpha Pro. If investors know Alpha 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 Alpha Pro 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
0.961
Earnings Share
0.35
Revenue Per Share
5.164
Quarterly Revenue Growth
0.249
Return On Assets
0.0387
The market value of Alpha Pro Tech is measured differently than its book value, which is the value of Alpha that is recorded on the company's balance sheet. Investors also form their own opinion of Alpha Pro's value that differs from its market value or its book value, called intrinsic value, which is Alpha Pro'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 Alpha Pro's market value can be influenced by many factors that don't directly affect Alpha Pro'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 Alpha Pro's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alpha Pro is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alpha Pro'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.