NASDAQ:USAP

Universal Stainless & Alloy Products (USAP) Stock Price, News & Analysis

Notice: This company has been marked as potentially delisted and may not be actively trading.
Today's Range
$25.83
$26.79
50-Day Range
$10.10
$11.75
52-Week Range
$5.12
$12.47
Volume
74,763 shs
Average Volume
117,587 shs
Market Capitalization
$245.47 million
P/E Ratio
52.43
Dividend Yield
N/A
Price Target
$30.00

Universal Stainless & Alloy Products MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
12.2% Upside
$30.00 Price Target
Short Interest
Healthy
1.24% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.00mentions of Universal Stainless & Alloy Products in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.19 out of 5 stars

Basic Materials Sector

148th out of 170 stocks

Blast Furnaces & Steel Mills Industry

12th out of 12 stocks

USAP stock logo

About Universal Stainless & Alloy Products Stock (NASDAQ:USAP)

Universal Stainless & Alloy Products, Inc. engages in the manufacture and marketing of semi-finished and finished specialty steels, including stainless steel, nickel alloys, tool steel and certain other alloyed steels. Its products include specialty bar, forging quality billet, ingots, plate, specialty shapes and coil products, which are sold to service centers, forgers, rerollers and original equipment manufacturers. The company was founded in 1994 and is headquartered in Bridgeville, PA.

USAP Stock News Headlines

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Universal Stainless & Alloy Products Inc.
Universal Stainless & Alloy Products, Inc. (USAP)
4 Steel Stocks That Have Gained More Than 30% This Year
Universal Stainless & Alloy picks new audit firm
Universal Stainless Engages EisnerAmper as New Audit Firm
See More Headlines
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Company Calendar

Last Earnings
3/28/2024
Today
4/26/2024
Next Earnings (Confirmed)
5/01/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Blast furnaces & steel mills
Sub-Industry
Steel
Current Symbol
NASDAQ:USAP
CUSIP
91383710
Employees
566
Year Founded
1994

Price Target and Rating

Average Stock Price Target
$30.00
High Stock Price Target
$30.00
Low Stock Price Target
$30.00
Potential Upside/Downside
+12.2%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$4.91 million
Pretax Margin
1.86%

Debt

Sales & Book Value

Annual Sales
$285.94 million
Cash Flow
$2.60 per share
Book Value
$24.87 per share

Miscellaneous

Free Float
8,380,000
Market Cap
$245.47 million
Optionable
Optionable
Beta
1.05

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USAP Stock Analysis - Frequently Asked Questions

Should I buy or sell Universal Stainless & Alloy Products stock right now?

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Universal Stainless & Alloy Products in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" USAP shares.
View USAP analyst ratings
or view top-rated stocks.

What is Universal Stainless & Alloy Products' stock price target for 2024?

1 analysts have issued twelve-month price objectives for Universal Stainless & Alloy Products' stock. Their USAP share price targets range from $30.00 to $30.00. On average, they expect the company's stock price to reach $30.00 in the next year. This suggests a possible upside of 12.2% from the stock's current price.
View analysts price targets for USAP
or view top-rated stocks among Wall Street analysts.

Are investors shorting Universal Stainless & Alloy Products?

Universal Stainless & Alloy Products saw a increase in short interest in the month of April. As of April 15th, there was short interest totaling 103,800 shares, an increase of 83.1% from the March 31st total of 56,700 shares. Based on an average daily volume of 93,400 shares, the days-to-cover ratio is presently 1.1 days. Approximately 1.2% of the shares of the stock are short sold.
View Universal Stainless & Alloy Products' Short Interest
.

When is Universal Stainless & Alloy Products' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 1st 2024.
View our USAP earnings forecast
.

How can I listen to Universal Stainless & Alloy Products' earnings call?

Universal Stainless & Alloy Products will be holding an earnings conference call on Wednesday, May 1st at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link.

How were Universal Stainless & Alloy Products' earnings last quarter?

Universal Stainless & Alloy Products, Inc. (NASDAQ:USAP) released its quarterly earnings results on Thursday, March, 28th. The basic materials company reported $0.27 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.27. The basic materials company had revenue of $79.78 million for the quarter. Universal Stainless & Alloy Products had a trailing twelve-month return on equity of 2.21% and a net margin of 1.72%.

What ETFs hold Universal Stainless & Alloy Products' stock?

ETFs with the largest weight of Universal Stainless & Alloy Products (NASDAQ:USAP) stock in their portfolio include VanEck Steel ETF (SLX).Invesco DWA SmallCap Momentum ETF (DWAS).

What guidance has Universal Stainless & Alloy Products issued on next quarter's earnings?

Universal Stainless & Alloy Products updated its fourth quarter 2023 earnings guidance on Saturday, March, 16th. The company provided EPS guidance of for the period. The company issued revenue guidance of $78.0 million-$80.0 million, compared to the consensus revenue estimate of $78.7 million.

What is Dennis M. Oates' approval rating as Universal Stainless & Alloy Products' CEO?

29 employees have rated Universal Stainless & Alloy Products Chief Executive Officer Dennis M. Oates on Glassdoor.com. Dennis M. Oates has an approval rating of 37% among the company's employees. This puts Dennis M. Oates in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Universal Stainless & Alloy Products own?

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

Does Universal Stainless & Alloy Products have any subsidiaries?
The following companies are subsidiares of Universal Stainless & Alloy Products: Dunkirk Specialty Steel LLC, and North Jackson Specialty Steel LLC.
Read More
This page (NASDAQ:USAP) was last updated on 4/26/2024 by MarketBeat.com Staff

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