SIFCO Industries (NYSE:SIF) Coverage Initiated by Analysts at StockNews.com

StockNews.com started coverage on shares of SIFCO Industries (NYSE:SIF) in a research note published on Tuesday morning. The firm issued a buy rating on the stock.

SIFCO Industries Trading Down 1.0 %

Shares of NYSE:SIF opened at $3.05 on Tuesday. The company has a 50 day moving average price of $3.15 and a 200 day moving average price of $3.64. SIFCO Industries has a 1-year low of $2.28 and a 1-year high of $4.95. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.73 and a current ratio of 0.99. The stock has a market capitalization of $18.79 million, a price-to-earnings ratio of -1.89 and a beta of 1.13.

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

Institutional Inflows and Outflows

An institutional investor recently bought a new position in SIFCO Industries stock. Investment Partners LTD. acquired a new position in shares of SIFCO Industries, Inc. (NYSE:SIF) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 57,541 shares of the company’s stock, valued at approximately $211,000. Investment Partners LTD. owned 0.94% of SIFCO Industries as of its most recent filing with the Securities and Exchange Commission. Institutional investors and hedge funds 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.