Sypris Solutions Inc. (NASDAQ: SYPR) is 110.53% higher on its value in year-to-date trading and has touched a low of $0.54 and a high of $3.90 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The SYPR stock was last observed hovering at around $3.48 in the last trading session, with the day’s loss setting it -0.28% off its average median price target of $1.25 for the next 12 months. It is also -156.0% off the consensus price target high of $1.25 offered by 1 analysts, but current levels are -156.0% lower than the price target low of $1.25 for the same period.
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Currently trading at $3.20, the stock is 12.03% and 54.65% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.1 million and changing -8.05% at the moment leaves the stock 147.13% off its SMA200. SYPR registered 223.07% gain for a year compared to 6-month gain of 153.97%. The firm has a 50-day simple moving average (SMA 50) of $2.4094 and a 200-day simple moving average (SMA200) of $1.5320.
The stock witnessed a 38.53% loss in the last 1 month and extending the period to 3 months gives it a 110.53%, and is -0.93% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 12.78% over the week and 15.90% over the month.
Sypris Solutions Inc. (SYPR) has around 630 employees, a market worth around $61.15M and $83.40M in sales. Current P/E ratio is 34.04. Profit margin for the company is 2.40%. Distance from 52-week low is 494.24% and -17.95% from its 52-week high. The company has generated returns on investments over the last 12 months (-12.20%).
Sypris Solutions Inc. (SYPR) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Sypris Solutions Inc. (SYPR) is a “Hold”. 1 analysts offering their recommendations for the stock have an average rating of 3.00, where 1 rate it as a Hold and 0 think it is a “Overweight”. 0 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
Sypris Solutions Inc. is expected to release its quarterly report on 05/19/2021 and quarterly earnings per share for the current quarter are estimated at $0 with sales reaching $20.7M over the same period.The EPS is expected to shrink by -10.80% this year, but quarterly earnings will post -6.50% year-over-year. Quarterly sales are estimated to grow 5.80% in year-over-year returns.
Sypris Solutions Inc. (SYPR) Top Institutional Holders
16 institutions hold shares in Sypris Solutions Inc. (SYPR), with 10.32M shares held by insiders accounting for 49.18% while institutional investors hold 12.47% of the company’s shares. The shares outstanding are 21.06M, and float is at 10.83M with Short Float at 0.18%. Institutions hold 6.34% of the Float.
The top institutional shareholder in the company is Renaissance Technologies, LLC with over 1.09 million shares valued at $1.66 million. The investor’s holdings represent 5.12% of the SYPR Shares outstanding. As of Sep 29, 2020, the second largest holder is Vanguard Group, Inc. (The) with 0.13 million shares valued at $0.14 million to account for 0.59% of the shares outstanding. The other top investors are Bridgeway Capital Management, Inc. which holds 0.11 million shares representing 0.51% and valued at over $0.12 million, while Two Sigma Advisers, LP holds 0.29% of the shares totaling 62600.0 with a market value of $69486.0.
Sypris Solutions Inc. (SYPR) Insider Activity
A total of 9 insider transactions have happened at Sypris Solutions Inc. (SYPR) in the last six months, with sales accounting for 9 and purchases happening 0 times.
Sypris Solutions Inc. (SYPR): Who are the competitors?
The company’s main competitors (and peers) include Navistar International Corporation (NAV) that is trading 18.12% up over the past 12 months. American Axle & Manufacturing Holdings Inc. (AXL) is 17.50% up on the 1-year trading charts. Short interest in the company’s stock has risen 62.06% from the last report on Dec 30, 2020 to stand at a total of 7580.0 short shares sold with a short interest ratio of 0.03.