Ampco-Pittsburgh (AP) Receives Daily News Impact Rating of 0.00

Press coverage about Ampco-Pittsburgh (NYSE:AP) has trended somewhat positive this week, according to Accern Sentiment Analysis. Accern identifies negative and positive media coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Ampco-Pittsburgh earned a news impact score of 0.00 on Accern’s scale. Accern also gave news coverage about the industrial products company an impact score of 44.6523768936237 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.

Shares of Ampco-Pittsburgh (NYSE:AP) traded down $1.10 during mid-day trading on Monday, reaching $13.20. 25,700 shares of the company’s stock traded hands, compared to its average volume of 27,672. Ampco-Pittsburgh has a 1-year low of $12.40 and a 1-year high of $18.59. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.98 and a current ratio of 1.68.

Ampco-Pittsburgh (NYSE:AP) last posted its earnings results on Monday, November 6th. The industrial products company reported ($0.18) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.03) by ($0.15). Ampco-Pittsburgh had a negative return on equity of 13.75% and a negative net margin of 12.67%. The business had revenue of $103.89 million during the quarter, compared to the consensus estimate of $109.00 million. equities analysts expect that Ampco-Pittsburgh will post -0.62 earnings per share for the current fiscal year.

A number of research analysts recently weighed in on the stock. Desjardins restated a “buy” rating on shares of Ampco-Pittsburgh in a research note on Thursday, August 17th. Janney Montgomery Scott upgraded shares of Ampco-Pittsburgh from a “neutral” rating to a “buy” rating and lifted their target price for the company from $16.00 to $22.00 in a research note on Wednesday, August 9th. ValuEngine upgraded shares of Ampco-Pittsburgh from a “sell” rating to a “hold” rating in a research note on Friday, September 1st. Finally, Zacks Investment Research cut shares of Ampco-Pittsburgh from a “hold” rating to a “sell” rating in a research note on Thursday, November 9th. Two research analysts have rated the stock with a sell rating and two have assigned a buy rating to the company. The company has an average rating of “Hold” and an average price target of $22.00.

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About Ampco-Pittsburgh

Ampco-Pittsburgh Corporation is engaged in manufacturing and selling specialty metal products and customized equipment utilized by industry throughout the world. The Company operates through two segments: the Forged and Cast Engineered Products segment, and the Air and Liquid Processing segment. The Forged and Cast Engineered Products segment consists of Union Electric Steel Corporation (Union Electric Steel or UES) and Union Electric Steel UK Limited (UES-UK).

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