Ampco-Pittsburgh Stock Buy Hold or Sell Recommendation

AP
 Stock
  

USD 3.19  0.03  0.93%   

Allowing for the 90-day total investment horizon and your above-average risk tolerance, our recommendation regarding Ampco-Pittsburgh Corp is 'Strong Sell'. Macroaxis provides Ampco-Pittsburgh buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding AP positions. The advice algorithm takes into account all of Ampco-Pittsburgh's available fundamental, technical, and predictive indicators you will find on this site.
  
The advice is provided from Ampco-Pittsburgh's buy-and-hold perspective. Please continue to Ampco-Pittsburgh Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. We conduct extensive research on individual companies such as Ampco-Pittsburgh and provide practical buy, sell, or hold advice based on selected investing horizon and risk tolerance towards Ampco-Pittsburgh Corp.

Execute Ampco-Pittsburgh Buy or Sell Advice

The Ampco-Pittsburgh recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Ampco-Pittsburgh Corp. Macroaxis does not own or have any residual interests in Ampco-Pittsburgh Corp or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Ampco-Pittsburgh's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell Ampco-PittsburghBuy Ampco-Pittsburgh
Strong Sell

Volatility

Details

Hype Condition

Details

Current Valuation

Details

Odds of Distress

Details

Economic Sensitivity

Details

Analyst Consensus

Details

Financial Strenth (F Score)

Details

Financial Leverage

Inapplicable
Details

Reporting Quality (M-Score)

Details
For the selected time horizon Ampco-Pittsburgh Corp has a Mean Deviation of 3.13, Standard Deviation of 4.47 and Variance of 19.94
We provide trade advice to complement the prevailing expert consensus on Ampco-Pittsburgh Corp. Our dynamic recommendation engine uses a multidimensional algorithm to analyze the company's potential to grow using all technical and fundamental data available at the time. To make sure Ampco-Pittsburgh is not overpriced, please confirm all Ampco-Pittsburgh Corp fundamentals, including its price to earning, cash per share, number of employees, as well as the relationship between the gross profit and book value per share . Given that Ampco-Pittsburgh Corp has a number of shares shorted of 610.48 K, we suggest you to validate Ampco-Pittsburgh Corp market performance and probability of bankruptcy to ensure the company can sustain itself in the current economic cycle given your prevailing risk tolerance and investing horizon.

Ampco-Pittsburgh Trading Alerts and Improvement Suggestions

Ampco-Pittsburgh generated a negative expected return over the last 90 days
Ampco-Pittsburgh has high historical volatility and very poor performance
Ampco-Pittsburgh has high likelihood to experience some financial distress in the next 2 years
The company generated the yearly revenue of 362.7 M. Annual Net Loss to common stockholders was (11.88 M) with gross profit of 57.28 M.
Ampco-Pittsburgh Corp reports about 7.37 M in cash with (36.15 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.38.
Roughly 56.0% of the company shares are held by institutions such as insurance companies

Ampco-Pittsburgh Returns Distribution Density

The distribution of Ampco-Pittsburgh's historical returns is an attempt to chart the uncertainty of Ampco-Pittsburgh's future price movements. The chart of the probability distribution of Ampco-Pittsburgh stock daily returns describes the distribution of returns around its average expected value. We use Ampco-Pittsburgh Corp price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Ampco-Pittsburgh returns is essential to provide solid investment advice for Ampco-Pittsburgh.
Mean Return-0.25Value At Risk-6.13
Potential Upside5.47Standard Deviation4.47
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Ampco-Pittsburgh historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

Ampco-Pittsburgh Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Ampco-Pittsburgh is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Ampco-Pittsburgh Corp backward and forwards among themselves. Ampco-Pittsburgh's institutional investor refers to the entity that pools money to purchase Ampco-Pittsburgh's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Security TypeSharesValue
Zacks Investment ManagementCommon Shares10.2 K91 K
Yakira Capital Management IncWarrants11.4 KK
Wfg Advisors LpCommon Shares500K
Wells Fargo CompanyCommon Shares89.00.0
Wells Fargo CompanyCommon Shares81.01000
Wells Fargo CompanyCommon Shares81.00.0
Wells Fargo CompanyCommon Shares2.1 KK
Wells Fargo CompanyCommon Shares4.1 K24 K
Note, although Ampco-Pittsburgh's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Ampco-Pittsburgh Cash Flow Accounts

201720182019202020212022 (projected)
Capital Expenditure(13.01 M)(1.91 M)(7.2 M)(8.2 M)(15.01 M)(16.19 M)
Depreciation Amortization and Accretion21.38 M21.38 M18.97 M18.57 M17.88 M18.59 M
Net Cash Flow or Change in Cash and Cash Equivalents(17.88 M)137 K(13.88 M)9.88 M(6.5 M)(7.02 M)
Issuance Repayment of Debt Securities19.79 M(7.24 M)(8.27 M)(35.36 M)21.09 M22.76 M
Net Cash Flow from Financing9.65 M(3.42 M)(6.62 M)(17.22 M)24.4 M26.33 M
Net Cash Flow from Investing(13.18 M)(1.22 M)(2.66 M)(7.93 M)(14.73 M)(15.9 M)
Net Cash Flow Investment Acquisitions and Disposals97 K(16 K)1.72 M500 K575 K620.39 K
Net Cash Flow from Operations(15.84 M)6.71 M(3.29 M)33.63 M(15.87 M)(16.28 M)
Effect of Exchange Rate Changes on Cash1.49 M(1.01 M)(180 K)1.4 M(307 K)(315.08 K)
Share Based Compensation2.4 M2.12 M1.42 M1.33 M2.44 M2.27 M

Ampco-Pittsburgh Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Ampco-Pittsburgh or Industrials sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Ampco-Pittsburgh's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Ampco-Pittsburgh stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over DOW
-0.27
β
Beta against DOW0.38
σ
Overall volatility
4.53
Ir
Information ratio -0.06

Ampco-Pittsburgh Volatility Alert

Ampco-Pittsburgh Corp exhibits very low volatility with skewness of 0.84 and kurtosis of 3.15. However, we advise investors to further study Ampco-Pittsburgh Corp technical indicators to ensure that all market info is available and is reliable. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Ampco-Pittsburgh's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Ampco-Pittsburgh's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.

Ampco-Pittsburgh Fundamentals Vs Peers

Comparing Ampco-Pittsburgh's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Ampco-Pittsburgh's direct or indirect competition across all of the common fundamentals between Ampco-Pittsburgh and the related equities. This way, we can detect undervalued stocks with similar characteristics as Ampco-Pittsburgh or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Ampco-Pittsburgh's fundamental indicators could also be used in its relative valuation, which is a method of valuing Ampco-Pittsburgh by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Ampco-Pittsburgh to competition
FundamentalsAmpco-PittsburghPeer Average
Return On Equity(13.17) %(0.31) %
Return On Asset0.16 %(0.14) %
Profit Margin(3.27) %(1.27) %
Operating Margin0.34 %(5.51) %
Current Valuation158.33 M16.62 B
Shares Outstanding19.09 M571.82 M
Shares Owned by Insiders24.27 %10.09 %
Shares Owned by Institutions55.66 %39.21 %
Number of Shares Shorted610.48 K4.71 M
Price to Earning5.91 X28.72 X
Price to Book0.76 X9.51 X
Price to Sales0.17 X11.42 X
Revenue362.7 M9.43 B
Gross Profit57.28 M27.38 B
EBITDA18.8 M3.9 B
Net Income(11.88 M)570.98 M
Cash and Equivalents7.37 M2.7 B
Cash per Share0.38 X5.01 X
Total Debt93.57 M5.32 B
Debt to Equity1.12 %48.70 %
Current Ratio1.67 X2.16 X
Book Value Per Share4.18 X1.93 K
Cash Flow from Operations(36.15 M)971.22 M
Short Ratio56.54 X4.00 X
Earnings Per Share0.54 X3.12 X
Number of Employees1.49 K18.84 K
Beta0.99-0.15
Market Capitalization60.91 M19.03 B
Total Asset506.16 M29.47 B
Retained Earnings(52.69 M)9.33 B
Working Capital138.35 M1.48 B
Current Asset219.68 M9.34 B
Current Liabilities81.33 M7.9 B
   Exercise or conversion by Brett McBrayer of 32003 shares of Ampco-Pittsburgh subject to Rule 16b-3 [view details]

Ampco-Pittsburgh Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Ampco-Pittsburgh . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

About Ampco-Pittsburgh Buy or Sell Advice

When is the right time to buy or sell Ampco-Pittsburgh Corp? Buying financial instruments such as Ampco-Pittsburgh Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
 2019 2020 2021 2022 (projected)
Receivables97.78 M76.37 M84.83 M78.1 M
Inventories82.29 M73.24 M88.2 M78.55 M

Use Investing Ideas to Build Portfolios

In addition to having Ampco-Pittsburgh in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Run Precious Metals Thematic Idea Now

Precious Metals
Precious Metals Theme
Funds or Etfs that invest in entities that are involved in mining, processing or dealing of precious metals. The Precious Metals theme has 40 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Precious Metals Theme or any other thematic opportunities.
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Please continue to Ampco-Pittsburgh Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. You can also try Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.

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Is Ampco-Pittsburgh's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ampco-Pittsburgh. If investors know Ampco-Pittsburgh will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ampco-Pittsburgh listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
(0.60) 
Market Capitalization
62.5 M
Quarterly Revenue Growth YOY
0.23
Return On Assets
0.0042
Return On Equity
(0.11) 
The market value of Ampco-Pittsburgh Corp is measured differently than its book value, which is the value of Ampco-Pittsburgh that is recorded on the company's balance sheet. Investors also form their own opinion of Ampco-Pittsburgh's value that differs from its market value or its book value, called intrinsic value, which is Ampco-Pittsburgh's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ampco-Pittsburgh's market value can be influenced by many factors that don't directly affect Ampco-Pittsburgh's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ampco-Pittsburgh's value and its price as these two are different measures arrived at by different means. Investors typically determine Ampco-Pittsburgh value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ampco-Pittsburgh's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.