Ampco Pittsburgh Stock Net Income
| AP Stock | USD 2.18 0.02 0.91% |
Ampco Pittsburgh fundamentals help investors to digest information that contributes to Ampco Pittsburgh's financial success or failures. It also enables traders to predict the movement of Ampco Stock. The fundamental analysis module provides a way to measure Ampco Pittsburgh's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Ampco Pittsburgh stock.
| Last Reported | Projected for Next Year | ||
| Net Loss | -39.9 M | -37.9 M | |
| Net Income Applicable To Common Shares | 3.1 M | 3.2 M | |
| Net Income From Continuing Ops | 2.9 M | 3.1 M | |
| Net Loss | (2.04) | (1.93) | |
| Net Income Per E B T | 1.02 | 1.43 |
Ampco | Net Income |
Ampco Pittsburgh Company Net Income Analysis
Ampco Pittsburgh's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Current Ampco Pittsburgh Net Income | (39.93 M) |
Most of Ampco Pittsburgh's fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Ampco Pittsburgh is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Ampco Net Income Driver Correlations
Understanding the fundamental principles of building solid financial models for Ampco Pittsburgh is extremely important. It helps to project a fair market value of Ampco Stock properly, considering its historical fundamentals such as Net Income. Since Ampco Pittsburgh's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Ampco Pittsburgh's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Ampco Pittsburgh's interrelated accounts and indicators.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
Ampco Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income |
|
Based on the recorded statements, Ampco Pittsburgh reported net income of (39.93 Million). This is 115.39% lower than that of the Metals & Mining sector and 185.08% lower than that of the Materials industry. The net income for all United States stocks is 106.99% higher than that of the company.
Ampco Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Ampco Pittsburgh's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Ampco Pittsburgh could also be used in its relative valuation, which is a method of valuing Ampco Pittsburgh by comparing valuation metrics of similar companies.Ampco Pittsburgh is currently under evaluation in net income category among related companies.
Ampco Pittsburgh Institutional Holders
Institutional Holdings refers to the ownership stake in Ampco Pittsburgh that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Ampco Pittsburgh'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 Ampco Pittsburgh's value.| Shares | Geode Capital Management, Llc | 2023-12-31 | 114.6 K | Rbf Llc | 2023-12-31 | 91 K | Hunter Associates Inc. | 2023-12-31 | 64 K | State Street Corporation | 2023-12-31 | 38.5 K | Perritt Capital Management Inc. | 2023-12-31 | 38.5 K | Northern Trust Corp | 2023-12-31 | 34.5 K | Citadel Advisors Llc | 2023-09-30 | 25.8 K | Susquehanna International Group, Llp | 2023-12-31 | 23.8 K | T. Rowe Price Associates, Inc. | 2023-12-31 | 21.6 K | Gamco Investors, Inc. Et Al | 2023-12-31 | 2.5 M | Gabelli Funds Llc | 2023-12-31 | 1.4 M |
Ampco Fundamentals
| Return On Equity | -0.41 | ||||
| Return On Asset | 0.0129 | ||||
| Profit Margin | (0.09) % | ||||
| Operating Margin | 0.01 % | ||||
| Current Valuation | 181.66 M | ||||
| Shares Outstanding | 19.87 M | ||||
| Shares Owned By Insiders | 25.70 % | ||||
| Shares Owned By Institutions | 50.07 % | ||||
| Number Of Shares Shorted | 534.46 K | ||||
| Price To Earning | 5.91 X | ||||
| Price To Book | 0.77 X | ||||
| Price To Sales | 0.11 X | ||||
| Revenue | 422.34 M | ||||
| Gross Profit | 62.19 M | ||||
| EBITDA | 23.73 M | ||||
| Net Income | (39.93 M) | ||||
| Cash And Equivalents | 8.73 M | ||||
| Cash Per Share | 0.38 X | ||||
| Total Debt | 133.42 M | ||||
| Debt To Equity | 1.12 % | ||||
| Current Ratio | 1.67 X | ||||
| Book Value Per Share | 3.09 X | ||||
| Cash Flow From Operations | (3.69 M) | ||||
| Short Ratio | 13.50 X | ||||
| Earnings Per Share | (2.04) X | ||||
| Target Price | 5.0 | ||||
| Number Of Employees | 1.7 K | ||||
| Beta | 0.67 | ||||
| Market Capitalization | 44.9 M | ||||
| Total Asset | 565.65 M | ||||
| Retained Earnings | (73 M) | ||||
| Working Capital | 119.77 M | ||||
| Current Asset | 219.68 M | ||||
| Current Liabilities | 81.33 M | ||||
| Five Year Return | 3.69 % | ||||
| Net Asset | 565.65 M |
About Ampco Pittsburgh Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Ampco Pittsburgh's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Ampco Pittsburgh using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Ampco Pittsburgh based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Ampco Pittsburgh in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Ampco Pittsburgh's short interest history, or implied volatility extrapolated from Ampco Pittsburgh options trading.
Pair Trading with Ampco Pittsburgh
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Ampco Pittsburgh position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Ampco Pittsburgh will appreciate offsetting losses from the drop in the long position's value.Moving against Ampco Stock
| 0.71 | TG | Tredegar | PairCorr |
| 0.7 | CRS | Carpenter Technology Report 25th of April 2024 | PairCorr |
| 0.69 | CMPOW | CompoSecure | PairCorr |
| 0.63 | AL | Air Lease Financial Report 6th of May 2024 | PairCorr |
| 0.62 | ESAB | ESAB Corp Financial Report 7th of May 2024 | PairCorr |
The ability to find closely correlated positions to Ampco Pittsburgh could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ampco Pittsburgh when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Ampco Pittsburgh - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Ampco Pittsburgh to buy it.
The correlation of Ampco Pittsburgh is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Ampco Pittsburgh moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ampco Pittsburgh moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Ampco Pittsburgh can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Ampco Pittsburgh Piotroski F Score and Ampco Pittsburgh Altman Z Score analysis. To learn how to invest in Ampco Stock, please use our How to Invest in Ampco Pittsburgh guide.You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Complementary Tools for Ampco Stock analysis
When running Ampco Pittsburgh's price analysis, check to measure Ampco Pittsburgh'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 Ampco Pittsburgh is operating at the current time. Most of Ampco Pittsburgh's value examination focuses on studying past and present price action to predict the probability of Ampco Pittsburgh's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ampco Pittsburgh's price. Additionally, you may evaluate how the addition of Ampco Pittsburgh to your portfolios can decrease your overall portfolio volatility.
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
| Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges |
Is Ampco Pittsburgh'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 Ampco Pittsburgh. If investors know Ampco 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 Ampco Pittsburgh 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 (0.31) | Earnings Share (2.04) | Revenue Per Share 21.529 | Quarterly Revenue Growth 0.156 | Return On Assets 0.0129 |
The market value of Ampco Pittsburgh is measured differently than its book value, which is the value of Ampco that is recorded on the company's balance sheet. Investors also form their own opinion of Ampco Pittsburgh's value that differs from its market value or its book value, called intrinsic value, which is Ampco Pittsburgh'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 Ampco Pittsburgh's market value can be influenced by many factors that don't directly affect Ampco Pittsburgh'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 Ampco Pittsburgh's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ampco Pittsburgh is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ampco Pittsburgh'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.