Sypris Solutions (NASDAQ:SYPR) Posts Quarterly Earnings Results

Sypris Solutions (NASDAQ:SYPRGet Free Report) announced its earnings results on Tuesday. The auto parts company reported ($0.18) EPS for the quarter, missing the consensus estimate of ($0.01) by ($0.17), FiscalAI reports. Sypris Solutions had a negative return on equity of 33.62% and a negative net margin of 5.29%.The firm had revenue of $25.81 million during the quarter, compared to analyst estimates of $22.70 million.

Sypris Solutions Stock Performance

SYPR stock opened at $2.79 on Tuesday. The company has a debt-to-equity ratio of 0.90, a quick ratio of 0.44 and a current ratio of 1.28. The stock has a market cap of $64.25 million, a P/E ratio of -9.96 and a beta of 0.87. The firm has a 50 day simple moving average of $3.30 and a 200 day simple moving average of $2.89. Sypris Solutions has a 52 week low of $1.58 and a 52 week high of $4.74.

Institutional Trading of Sypris Solutions

An institutional investor recently bought a new position in Sypris Solutions stock. XTX Topco Ltd purchased a new position in shares of Sypris Solutions, Inc. (NASDAQ:SYPRFree Report) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 10,133 shares of the auto parts company’s stock, valued at approximately $25,000. Institutional investors and hedge funds own 44.66% of the company’s stock.

Analyst Ratings Changes

SYPR has been the subject of several recent analyst reports. Wall Street Zen cut shares of Sypris Solutions from a “hold” rating to a “sell” rating in a report on Saturday, March 28th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Sypris Solutions in a report on Tuesday, April 21st. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company has a consensus rating of “Sell”.

Read Our Latest Stock Report on SYPR

Sypris Solutions Company Profile

(Get Free Report)

Sypris Solutions, Inc (NASDAQ: SYPR) is an engineering and manufacturing company headquartered in Tampa, Florida. The firm operates through two primary business segments—Contract Manufacturing and Power Solutions—delivering precision components, subassemblies, and service solutions to original equipment manufacturers (OEMs) and aftermarket customers. Sypris Solutions caters to a diverse range of end markets, including heavy truck, automotive, defense, and industrial power generation.

Within its Contract Manufacturing segment, Sypris Solutions offers end-to-end capabilities from design and prototyping to toolmaking and final assembly.

Read More

Earnings History for Sypris Solutions (NASDAQ:SYPR)

Receive News & Ratings for Sypris Solutions Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sypris Solutions and related companies with MarketBeat.com's FREE daily email newsletter.