Sypris Solutions (NASDAQ:SYPR) Releases Earnings Results, Misses Estimates By $0.15 EPS

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

Sypris Solutions Stock Performance

Shares of Sypris Solutions stock opened at $1.86 on Wednesday. The business has a 50-day moving average price of $2.16 and a two-hundred day moving average price of $2.87. Sypris Solutions has a 1-year low of $1.78 and a 1-year high of $4.74. The company has a current ratio of 1.20, a quick ratio of 0.39 and a debt-to-equity ratio of 1.07. The company has a market cap of $42.80 million, a P/E ratio of -4.43 and a beta of 0.92.

Institutional Inflows and Outflows

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:SYPR) during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor purchased 10,133 shares of the auto parts company’s stock, valued at approximately $25,000. 44.66% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings restated 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, According to data from MarketBeat, Sypris Solutions presently has a consensus rating of “Sell”.

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.