Sypris Solutions (NASDAQ:SYPR) Announces Earnings Results

Sypris Solutions (NASDAQ:SYPR) posted its earnings results on Tuesday. The auto parts company reported ($0.14) EPS for the quarter, missing the consensus estimate of $0.01 by ($0.15), FiscalAI reports. Sypris Solutions had a negative return on equity of 54.45% and a negative net margin of 8.23%.The company had revenue of $30.34 million for the quarter, compared to analyst estimates of $24.80 million.

Sypris Solutions Trading Down 1.0%

Shares of Sypris Solutions stock opened at $2.04 on Tuesday. The firm’s 50-day moving average price is $2.18 and its two-hundred day moving average price is $2.88. The company has a quick ratio of 0.39, a current ratio of 1.20 and a debt-to-equity ratio of 1.07. Sypris Solutions has a 12-month low of $1.78 and a 12-month high of $4.74. The company has a market capitalization of $46.94 million, a price-to-earnings ratio of -4.86 and a beta of 0.92.

Analysts Set New Price Targets

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of Sypris Solutions in a research report on Friday, July 17th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Sypris Solutions presently has a consensus rating of “Sell”.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Sypris Solutions stock. XTX Topco Ltd acquired a new position in shares of Sypris Solutions, Inc. (NASDAQ:SYPR) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 10,133 shares of the auto parts company’s stock, valued at approximately $25,000. 44.66% of the stock is owned by institutional investors and hedge funds.

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.