Sypris Solutions (NASDAQ:SYPR) Announces Quarterly Earnings Results, Misses Estimates By $0.17 EPS

Sypris Solutions (NASDAQ:SYPR) released its quarterly 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. The company had revenue of $25.81 million for the quarter, compared to analyst estimates of $22.70 million. Sypris Solutions had a negative return on equity of 50.86% and a negative net margin of 8.23%.

Sypris Solutions Price Performance

SYPR stock opened at $2.75 on Thursday. The company has a quick ratio of 0.44, a current ratio of 1.28 and a debt-to-equity ratio of 0.90. Sypris Solutions has a 52-week low of $1.58 and a 52-week high of $4.74. The stock’s 50 day moving average is $3.27 and its two-hundred day moving average is $2.90. The company has a market capitalization of $63.33 million, a PE ratio of -6.55 and a beta of 0.87.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on SYPR shares. Weiss Ratings reissued a “sell (d-)” rating on shares of Sypris Solutions in a research report on Tuesday, April 21st. Wall Street Zen lowered Sypris Solutions from a “hold” rating to a “sell” rating in a research report on Saturday, March 28th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock has an average rating of “Sell”.

Institutional Investors Weigh In On Sypris Solutions

An institutional investor recently bought a new position in Sypris Solutions stock. Jane Street Group LLC acquired a new position in shares of Sypris Solutions, Inc. (NASDAQ:SYPR) during the 4th quarter, according to its most recent 13F filing with the SEC. The fund acquired 12,631 shares of the auto parts company’s stock, valued at approximately $31,000. Jane Street Group LLC owned about 0.05% of Sypris Solutions as of its most recent SEC filing. Institutional investors and hedge funds own 44.66% of the company’s stock.

Sypris Solutions Company Profile

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.