NASDAQ:USAP - Universal Stainless & Alloy Products Stock Price, Forecast & News

Universal Stainless & Alloy Products trades on the NASDAQ under the ticker symbol "USAP."

Universal Stainless & Alloy Products (NASDAQ:USAP) posted its quarterly earnings results on Wednesday, October, 23rd. The basic materials company reported $0.09 EPS for the quarter, missing the consensus estimate of $0.21 by $0.12. The basic materials company had revenue of $56.57 million for the quarter, compared to analyst estimates of $65.80 million. Universal Stainless & Alloy Products had a return on equity of 1.90% and a net margin of 1.90%. View Universal Stainless & Alloy Products' Earnings History.

Universal Stainless & Alloy Products is scheduled to release their next quarterly earnings announcement on Wednesday, January 22nd 2020. View Earnings Estimates for Universal Stainless & Alloy Products.

2 equities research analysts have issued twelve-month price targets for Universal Stainless & Alloy Products' shares. Their forecasts range from $20.00 to $22.00. On average, they expect Universal Stainless & Alloy Products' share price to reach $21.00 in the next year. This suggests a possible upside of 44.5% from the stock's current price. View Analyst Price Targets for Universal Stainless & Alloy Products.

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Universal Stainless & Alloy Products in the last year. There are currently 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Universal Stainless & Alloy Products.

Media coverage about USAP stock has been trending neutral this week, InfoTrie Sentiment Analysis reports. InfoTrie identifies negative and positive media coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Universal Stainless & Alloy Products earned a media sentiment score of 0.5 on InfoTrie's scale. They also gave press coverage about the basic materials company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View News Stories for Universal Stainless & Alloy Products.

Universal Stainless & Alloy Products saw a decrease in short interest during the month of October. As of October 31st, there was short interest totalling 118,900 shares, a decrease of 15.8% from the September 30th total of 141,200 shares. Based on an average trading volume of 24,400 shares, the days-to-cover ratio is currently 4.9 days. Currently, 1.4% of the company's shares are sold short. View Universal Stainless & Alloy Products' Current Options Chain.

Some companies that are related to Universal Stainless & Alloy Products include Nucor (NUE), Reliance Steel & Aluminum (RS), Steel Dynamics (STLD), Allegheny Technologies (ATI), Commercial Metals (CMC), Carpenter Technology (CRS), United States Steel (X), Cleveland-Cliffs (CLF), Worthington Industries (WOR), AK Steel (AKS), Schnitzer Steel Industries (SCHN), Haynes International (HAYN) and Olympic Steel (ZEUS).

Based on aggregate information from My MarketBeat watchlists, some companies that other Universal Stainless & Alloy Products investors own include CA (CA), BlackRock (BLK), Endologix (ELGX), Olympic Steel (ZEUS), Athabasca Oil (ATH), Chipotle Mexican Grill (CMG), NIC (EGOV), Aegean Marine Petroleum Network (ANW), ALJ Regional (ALJJ) and Transocean (RIG).

Universal Stainless & Alloy Products' stock is owned by many different of retail and institutional investors. Top institutional investors include Russell Investments Group Ltd. (5.77%), Foundry Partners LLC (1.91%), California Public Employees Retirement System (1.45%), Eidelman Virant Capital (0.69%), Monarch Partners Asset Management LLC (0.37%) and First Trust Advisors LP (0.23%). Company insiders that own Universal Stainless & Alloy Products stock include Christopher M Zimmer, Christopher Thomas Scanlon, Dennis M Oates, Graham Mcintosh, M David Kornblatt, Paul A Mcgrath and Udi Toledano. View Institutional Ownership Trends for Universal Stainless & Alloy Products.

USAP stock was sold by a variety of institutional investors in the last quarter, including Eidelman Virant Capital and Foundry Partners LLC. View Insider Buying and Selling for Universal Stainless & Alloy Products.

USAP stock was purchased by a variety of institutional investors in the last quarter, including First Trust Advisors LP, Russell Investments Group Ltd., California Public Employees Retirement System and Monarch Partners Asset Management LLC. Company insiders that have bought Universal Stainless & Alloy Products stock in the last two years include Christopher M Zimmer, Christopher Thomas Scanlon, Dennis M Oates, Graham Mcintosh and Udi Toledano. View Insider Buying and Selling for Universal Stainless & Alloy Products.

Shares of USAP can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of USAP stock can currently be purchased for approximately $14.53.

Universal Stainless & Alloy Products has a market capitalization of $127.69 million and generates $255.93 million in revenue each year. The basic materials company earns $10.66 million in net income (profit) each year or $1.22 on an earnings per share basis. Universal Stainless & Alloy Products employs 781 workers across the globe.View Additional Information About Universal Stainless & Alloy Products.

The official website for Universal Stainless & Alloy Products is http://www.univstainless.com/.

Universal Stainless & Alloy Products' mailing address is 600 MAYER ST, BRIDGEVILLE PA, 15017. The basic materials company can be reached via phone at 412-257-7600 or via email at [email protected]