SIFCO Industries (NYSE:SIF) Receives New Coverage from Analysts at StockNews.com

StockNews.com began coverage on shares of SIFCO Industries (NYSE:SIF) in a report issued on Wednesday. The brokerage issued a buy rating on the stock.

SIFCO Industries Trading Up 4.3 %

Shares of NYSE:SIF opened at $3.18 on Wednesday. SIFCO Industries has a 12-month low of $2.28 and a 12-month high of $4.95. The company has a market capitalization of $19.59 million, a PE ratio of -1.98 and a beta of 1.13. The business has a 50 day moving average of $3.12 and a two-hundred day moving average of $3.60. The company has a current ratio of 0.99, a quick ratio of 0.73 and a debt-to-equity ratio of 0.14.

SIFCO Industries (NYSE:SIF) last announced its quarterly earnings results on Wednesday, February 14th. The company reported ($0.57) earnings per share (EPS) for the quarter. SIFCO Industries had a negative net margin of 10.98% and a negative return on equity of 24.45%. The company had revenue of $21.05 million during the quarter.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in SIFCO Industries stock. Investment Partners LTD. bought a new position in shares of SIFCO Industries, Inc. (NYSE:SIF) in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor bought 57,541 shares of the company’s stock, valued at approximately $211,000. Investment Partners LTD. owned 0.94% of SIFCO Industries at the end of the most recent reporting period. Institutional investors own 24.20% of the company’s stock.

SIFCO Industries Company Profile

SIFCO Industries, Inc, together with its subsidiaries, produces and sells forgings and machined components primarily for the aerospace and energy markets in North America and Europe. The company's processes and services include forging, heat-treating, chemical processing, and machining. It also offers original equipment manufacturer and aftermarket components for aircraft and industrial gas turbine engines; steam turbine blades; structural airframe components; aircraft landing gear components; aircraft wheels and brakes; rotating components for helicopters; and commercial/industrial products.