View ValuationThis company listing is no longer activeThis company may still be operating, however this listing is no longer active. Find out why through their latest events.See Latest EventsUniversal Stainless & Alloy Products 将来の成長Future 基準チェック /06現在、 Universal Stainless & Alloy Productsの成長と収益を予測するのに十分なアナリストの調査がありません。主要情報n/a収益成長率n/aEPS成長率Metals and Mining 収益成長18.3%収益成長率n/a将来の株主資本利益率n/aアナリストカバレッジNone最終更新日n/a今後の成長に関する最新情報お知らせ • Jan 25Universal Stainless & Alloy Products, Inc. Provides Sales Guidance for the Fourth Quarter and Full Year of 2023Universal Stainless & Alloy Products, Inc. provided sales guidance for the fourth quarter and full year of 2023. For the quarter, the company expects total sales to be approximate a record $78 million to $80 million compares with $56.2 million in the fourth quarter of 2022.For the full year, the company expects sales to be approximate a record $284 million to $286 million versus $202.1 million in 2022.お知らせ • Jan 20Universal Stainless & Alloy Products, Inc. Provides Preliminary Earnings Guidance for the Fourth Quarter of 2022Universal Stainless & Alloy Products, Inc. provided preliminary earnings guidance for the fourth quarter of 2022. For the quarter, the company expects net sales for the fourth quarter of 2022 of $56.2 million, an increase of 22% from the third quarter of 2022, and 30% higher than the fourth quarter of 2021. Sales of premium alloys in the fourth quarter of 2022 are expected to reach a record $13.5 million, or 24% of sales, driven mainly by a 27% sequential increase in sales to the aerospace market. Net loss of 2022 of approximately $3.7 million, or $0.41 per diluted share, compared with a net loss of $1.3 million, or $0.14 per diluted share, in the third quarter of 2022.お知らせ • Jun 22Universal Stainless & Alloy Products, Inc. Resumes Operations At Bridgeville, Pa Melt ShopUniversal Stainless & Alloy Products, Inc. reported that operations at its Bridgeville Electric Arc Melting facility resumed in May as anticipated and have now returned to full operating capacity following a metal spill that occurred in April. The spill was caused by a breakthrough at the bottom of a furnace shell. No one was injured and there was no environmental impact. All other operations continued to function normally and there were no near term interruptions to product delivery schedules.すべての更新を表示Recent updatesお知らせ • Jan 24+ 2 more updatesUniversal Stainless & Alloy Products Intends to File with the SEC a Certification and Notice of Termination of Registration on Form 15 with Respect to the Common StockIn connection with the consummation of the Merger, on January 23, 2025, Universal Stainless & Alloy Products, Inc. (the Company) notified The Nasdaq Stock Market (“Nasdaq”) that the Merger was completed and requested that Nasdaq (i) suspend trading of the Common Stock effective as of the close of business on January 23, 2025, (ii) withdraw the Common Stock from listing on Nasdaq, and (iii) file with the SEC a Notification of Removal from Listing and/or Registration under Section 12(b) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), on Form 25 to effect the delisting of the Common Stock from Nasdaq and to deregister the Common Stock under Section 12(b) of the Exchange Act. As a result, trading of the Common Stock on Nasdaq will be suspended at the close of business on January 23, 2025. In addition, the Company intends to file with the SEC a Certification and Notice of Termination of Registration on Form 15 with respect to the Common Stock requesting the suspension of the Company’s reporting obligations under Sections 13 and 15(d) of the Exchange Act.お知らせ • Jan 23Universal Stainless & Alloy Products, Inc. Announces Directorate Changes in Connection with the MergerUniversal Stainless & Alloy Products, Inc. announced that In connection with the Merger, effective as of the Effective Time, each of Dennis Oates, Christopher Ayers, Judith Bacchus, M. David Kornblatt, and Udi Toledano submitted his or her resignation from the Company’s board of directors and each committee thereof on which such director served. No director resigned as a result of any disagreement with the Company on any matter related to the Company’s operations, policies or practices. In connection with the consummation of the Merger, effective as of the Effective Time, each of Frédéric Mattei, Timoteo Di Maulo, Vanisha Mittal Bhatia, Sudhakar Sivaji and Aviv Joaquim Bezerra de Melo was appointed to the Company’s board of directors.Recent Insider Transactions • Nov 08Vice President of Manufacturing recently sold €486k worth of stockOn the 5th of November, Wendel Crosby sold around 12k shares on-market at roughly €40.51 per share. This transaction amounted to 17% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months.Reported Earnings • Nov 01Third quarter 2024 earnings released: EPS: US$1.19 (vs US$0.21 in 3Q 2023)Third quarter 2024 results: EPS: US$1.19 (up from US$0.21 in 3Q 2023). Revenue: US$87.3m (up 22% from 3Q 2023). Net income: US$11.1m (up 473% from 3Q 2023). Profit margin: 13% (up from 2.7% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to stay flat during the next 2 years compared to a 2.1% growth forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has increased by 97% per year but the company’s share price has only increased by 71% per year, which means it is significantly lagging earnings growth.New Risk • Oct 20New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.5% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (9.2% average weekly change). Shareholders have been diluted in the past year (2.5% increase in shares outstanding).お知らせ • Oct 17Aperam S.A. (ENXTAM:APAM) entered into a definitive agreement to acquire Universal Stainless & Alloy Products, Inc. (NasdaqGS:USAP) for approximately $440 million.Aperam S.A. (ENXTAM:APAM) entered into a definitive agreement to acquire Universal Stainless & Alloy Products, Inc. (NasdaqGS:USAP) for approximately $440 million on October 16, 2024. Under the terms of the agreement, Aperam will acquire all the outstanding shares of Universal for $45.00 per share in cash, which represents a premium of approximately 19% to Universal’s three-month volume-weighted average stock price as of October 16, 2024 and 10.6x trailing 12-month Adjusted EBITDA as of June 30, 2024. The transaction values Universal Stainless & Alloy Products at an enterprise value of approximately $540 million. The payment of the purchase price is secured by the commitment of 5 core banks to enter into a bridge facility agreement. The Merger Agreement contains certain termination rights for both Universal Stainless and Aperam and further provides that, upon termination of the Merger Agreement under certain circumstances, Universal Stainless may be obligated to pay Aperam a termination fee of $14.8 million, including if the Merger Agreement is terminated. Upon completion of the transaction, Universal will become a wholly owned subsidiary of Aperam and the shares of Universal common stock will cease trading on the NASDAQ stock exchange. Following the closing of the transaction, Universal will continue to do business as Universal Stainless and maintain its headquarters in Bridgeville, PA. The transaction, which has been unanimously approved by the boards of directors of both companies, is expected to close in the first quarter of 2025, subject to satisfaction of customary closing conditions, including receipt of regulatory approval, the expiration or termination of any waiting periods and approval by a majority of all outstanding shares of Universal common stock held by Universal stockholders at a Special Meeting to be scheduled in due course. TD Securities (USA) LLC is acting as exclusive financial advisor as well as fairness opinion provider to Universal and Jeffrey W. Acre and Michelle R. McCreery of K&L Gates LLP serving as legal counsels. George Casey, Pierre-Emmanuel Perais, Yelena Nersesyan, Arnaud Coibion (Belgium) and Lauren Bachtel of Linklaters acted as legal advisors to Aperam in the transaction.Valuation Update With 7 Day Price Move • Sep 10Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to €31.60, the stock trades at a trailing P/E ratio of 19.4x. Average forward P/E is 7x in the Metals and Mining industry in Europe. Total returns to shareholders of 251% over the past three years.Reported Earnings • Aug 01Second quarter 2024 earnings released: EPS: US$0.96 (vs US$0.099 in 2Q 2023)Second quarter 2024 results: EPS: US$0.96 (up from US$0.099 in 2Q 2023). Revenue: US$82.8m (up 20% from 2Q 2023). Net income: US$8.87m (up US$7.97m from 2Q 2023). Profit margin: 11% (up from 1.3% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.1% p.a. on average during the next 2 years, compared to a 1.9% growth forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has increased by 95% per year but the company’s share price has only increased by 56% per year, which means it is significantly lagging earnings growth.お知らせ • Jul 17Universal Stainless & Alloy Products, Inc. to Report Q2, 2024 Results on Jul 31, 2024Universal Stainless & Alloy Products, Inc. announced that they will report Q2, 2024 results at 9:30 AM, US Eastern Standard Time on Jul 31, 2024Board Change • Jun 15Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 4 highly experienced directors. Independent Director Judy Bacchus was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.お知らせ • Apr 26Universal Stainless & Alloy Products, Inc. to Report Q1, 2024 Results on May 01, 2024Universal Stainless & Alloy Products, Inc. announced that they will report Q1, 2024 results on May 01, 2024お知らせ • Apr 11Universal Stainless & Alloy Products, Inc., Annual General Meeting, May 08, 2024Universal Stainless & Alloy Products, Inc., Annual General Meeting, May 08, 2024, at 09:00 US Eastern Standard Time. Location: Hyatt Hotel, Pittsburgh International Airport, 1111 Airport Boulevard Pittsburgh Pennsylvania United Statesお知らせ • Mar 28Universal Stainless & Alloy Products, Inc. to Report Q4, 2023 Results on Mar 28, 2024Universal Stainless & Alloy Products, Inc. announced that they will report Q4, 2023 results on Mar 28, 2024お知らせ • Mar 17Universal Stainless & Alloy Products, Inc. announced delayed annual 10-K filingOn 03/15/2024, Universal Stainless & Alloy Products, Inc. announced that they will be unable to file their next 10-K by the deadline required by the SEC.お知らせ • Feb 07Universal Stainless & Alloy Products, Inc. Announces Transition of Dennis M. Oates as A Non-Employee Member of Board of DirectorsOn January 31, 2024, Universal Stainless & Alloy Products, Inc. determined that Dennis M. Oates would transition from his current position as the Company’s Executive Chairman/Director to a position as a non-employee member of the Company’s Board of Directors, effective February 1, 2024. Mr. Oates will continue to serve as Chair of the Board of Directors and, beginning on February 1, 2024, will be eligible to receive the Company’s standard compensation for its non-employee directors.お知らせ • Jan 25Universal Stainless & Alloy Products, Inc. Provides Sales Guidance for the Fourth Quarter and Full Year of 2023Universal Stainless & Alloy Products, Inc. provided sales guidance for the fourth quarter and full year of 2023. For the quarter, the company expects total sales to be approximate a record $78 million to $80 million compares with $56.2 million in the fourth quarter of 2022.For the full year, the company expects sales to be approximate a record $284 million to $286 million versus $202.1 million in 2022.お知らせ • Oct 29Universal Stainless & Alloy Products, Inc. Announces CEO ChangesOn October 24, 2023, Dennis M. Oates informed Universal Stainless & Alloy Products, Inc. (the “Company”) that he would conclude his service as the Company’s President and Chief Executive Officer as of November 1, 2023 (the “Effective Date”). Mr. Oates will remain as a member of the Company’s Board of Directors (the “Board”) and, effective as of the Effective Date, will assume the role of Executive Chairman/Director. In his capacity as Executive Chairman/Director, Mr. Oates will receive from the Company the same salary and benefits that Mr. Oates received immediately prior to the Effective Date, subject to any later modification by the Compensation Committee of the Board. Also on October 24, 2023, the Board appointed Christopher M. Zimmer President and Chief Executive Officer effective, November 1, 2023. Mr. Zimmer [50] is currently the Company’s Executive Vice President and Chief Operating Officer and has been in that role since April 3, 2023. Prior to that Mr. Zimmer served as the Company’s Executive Vice President and Chief Commercial Officer since 2014. Mr. Zimmer served as the Company’s Vice President of Sales and Marketing from 2008 to 2014. Mr. Zimmer also previously served as Vice President of Sales and Marketing for Schmoltz+Bickenback USA from 1995 to 2008 and previously held positions of increasing responsibility, including inside sales, Commercial Manager – stainless bar, General Manager – nickel alloy products and National Sales Manager. In connection with Mr. Zimmer’s appointment as President and Chief Executive Officer of the Company, the Board expanded the size of the Board to six members and appointed Mr. Zimmer to serve as a director of the Company effective as of the Effective Date.お知らせ • Oct 28Universal Stainless & Alloy Products, Inc. Announces Executive ChangesOn October 24, 2023, Dennis M. Oates informed Universal Stainless & Alloy Products, Inc. (the “Company”) that he would conclude his service as the Company’s President and Chief Executive Officer as of November 1, 2023 (the “Effective Date”). Mr. Oates will remain as a member of the Company’s Board of Directors (the “Board”) and, effective as of the Effective Date, will assume the role of Executive Chairman/Director. In his capacity as Executive Chairman/Director, Mr. Oates will receive from the Company the same salary and benefits that Mr. Oates received immediately prior to the Effective Date, subject to any later modification by the Compensation Committee of the Board. Also on October 24, 2023, the Board appointed Christopher M. Zimmer President and Chief Executive Officer effective, November 1, 2023. Mr. Zimmer [50] is currently the Company’s Executive Vice President and Chief Operating Officer and has been in that role since April 3, 2023. Prior to that Mr. Zimmer served as the Company’s Executive Vice President and Chief Commercial Officer since 2014. Mr. Zimmer served as the Company’s Vice President of Sales and Marketing from 2008 to 2014. Mr. Zimmer also previously served as Vice President of Sales and Marketing for Schmoltz+Bickenback USA from 1995 to 2008 and previously held positions of increasing responsibility, including inside sales, Commercial Manager – stainless bar, General Manager – nickel alloy products and National Sales Manager. In connection with Mr. Zimmer’s appointment as President and Chief Executive Officer of the Company, the Board expanded the size of the Board to six members and appointed Mr. Zimmer to serve as a director of the Company effective as of the Effective Date.New Risk • Oct 28New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of German stocks, typically moving 8.8% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (8.8% average weekly change). Earnings have declined by 39% per year over the past 5 years.Reported Earnings • Oct 26Third quarter 2023 earnings released: EPS: US$0.21 (vs US$0.14 loss in 3Q 2022)Third quarter 2023 results: EPS: US$0.21 (up from US$0.14 loss in 3Q 2022). Revenue: US$71.3m (up 54% from 3Q 2022). Net income: US$1.93m (up US$3.23m from 3Q 2022). Profit margin: 2.7% (up from net loss in 3Q 2022). The move to profitability was driven by higher revenue. Revenue is forecast to grow 7.4% p.a. on average during the next 2 years, while revenues in the Metals and Mining industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 61% per year but the company’s share price has only increased by 33% per year, which means it is significantly lagging earnings growth.お知らせ • Oct 26Universal Stainless & Alloy Products, Inc. Announces Executive ChangesUniversal Stainless & Alloy Products, Inc. announced that it has taken the next step in its leadership succession plan with the naming of Christopher M. Zimmer as President and Chief Executive Officer. Mr. Zimmer has also been appointed to the Board of Directors. The transition is effective November 1st. Mr. Zimmer succeeds Dennis M. Oates in those roles. Mr. Oates takes on the newly-established role of Executive Chairman of Universal. Mr. Zimmer is a 15-year veteran of Universal. He joined the Company in 2008 as Vice President of Sales and Marketing, became Executive Vice President and Chief Commercial Officer in 2014, and assumed the post of Chief Operating Officer in April 2023. As COO, he has been responsible for manufacturing, technology, and quality organizations as well as sales, marketing and supply chain management and development. As Executive Chairman, Mr. Oates will continue to play a key role within the Board of Directors. Additionally, with his deep commitment to Universal, his long track record of achievement and his high regard within the specialty steel industry, Mr. Oates will focus on a smooth transition and longer-term strategic issues.お知らせ • Oct 13Universal Stainless & Alloy Products, Inc. to Report Q3, 2023 Results on Oct 25, 2023Universal Stainless & Alloy Products, Inc. announced that they will report Q3, 2023 results at 9:30 AM, US Eastern Standard Time on Oct 25, 2023Reported Earnings • Jul 27Second quarter 2023 earnings released: EPS: US$0.099 (vs US$0.16 loss in 2Q 2022)Second quarter 2023 results: EPS: US$0.099 (up from US$0.16 loss in 2Q 2022). Revenue: US$69.0m (up 32% from 2Q 2022). Net income: US$895.0k (up US$2.33m from 2Q 2022). Profit margin: 1.3% (up from net loss in 2Q 2022). The move to profitability was driven by higher revenue. Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 1.1% decline forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has only increased by 29% per year, which means it is significantly lagging earnings growth.お知らせ • Jul 08Universal Stainless & Alloy Products, Inc. to Report Q2, 2023 Results on Jul 26, 2023Universal Stainless & Alloy Products, Inc. announced that they will report Q2, 2023 results on Jul 26, 2023お知らせ • May 17Universal Stainless & Alloy Products, Inc. Announces Base Price Increase on Plate ProductsUniversal Stainless & Alloy Products, Inc. announced a base price increase of 5% to 10% on plate products. The increase goes into effect immediately. Current material and energy surcharges will remain in effect.Reported Earnings • Apr 27First quarter 2023 earnings released: US$0.057 loss per share (vs US$0.18 loss in 1Q 2022)First quarter 2023 results: US$0.057 loss per share (improved from US$0.18 loss in 1Q 2022). Revenue: US$65.9m (up 39% from 1Q 2022). Net loss: US$512.0k (loss narrowed 68% from 1Q 2022). Revenue is forecast to grow 7.7% p.a. on average during the next 2 years, compared to a 1.1% decline forecast for the Metals and Mining industry in Europe.Reported Earnings • Feb 27Full year 2022 earnings released: US$0.90 loss per share (vs US$0.085 loss in FY 2021)Full year 2022 results: US$0.90 loss per share (further deteriorated from US$0.085 loss in FY 2021). Revenue: US$202.1m (up 30% from FY 2021). Net loss: US$8.07m (loss widened US$7.32m from FY 2021). Revenue is forecast to grow 10% p.a. on average during the next 2 years, compared to a 1.4% decline forecast for the Metals and Mining industry in Europe.Reported Earnings • Jan 26Full year 2022 earnings released: US$0.90 loss per share (vs US$0.085 loss in FY 2021)Full year 2022 results: US$0.90 loss per share (further deteriorated from US$0.085 loss in FY 2021). Revenue: US$202.1m (up 30% from FY 2021). Net loss: US$8.07m (loss widened US$7.32m from FY 2021).お知らせ • Jan 20Universal Stainless & Alloy Products, Inc. Provides Preliminary Earnings Guidance for the Fourth Quarter of 2022Universal Stainless & Alloy Products, Inc. provided preliminary earnings guidance for the fourth quarter of 2022. For the quarter, the company expects net sales for the fourth quarter of 2022 of $56.2 million, an increase of 22% from the third quarter of 2022, and 30% higher than the fourth quarter of 2021. Sales of premium alloys in the fourth quarter of 2022 are expected to reach a record $13.5 million, or 24% of sales, driven mainly by a 27% sequential increase in sales to the aerospace market. Net loss of 2022 of approximately $3.7 million, or $0.41 per diluted share, compared with a net loss of $1.3 million, or $0.14 per diluted share, in the third quarter of 2022.Board Change • Nov 16Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 4 highly experienced directors. Independent Director Judy Bacchus was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Oct 27Third quarter 2022 earnings released: US$0.14 loss per share (vs US$0.89 profit in 3Q 2021)Third quarter 2022 results: US$0.14 loss per share (down from US$0.89 profit in 3Q 2021). Revenue: US$46.2m (up 24% from 3Q 2021). Net loss: US$1.30m (down 116% from profit in 3Q 2021). Revenue is forecast to grow 15% p.a. on average during the next 2 years, compared to a 3.3% decline forecast for the Metals and Mining industry in Europe.お知らせ • Oct 20+ 1 more updateUniversal Stainless & Alloy Products, Inc. to Report Q3, 2022 Results on Oct 26, 2022Universal Stainless & Alloy Products, Inc. announced that they will report Q3, 2022 results on Oct 26, 2022Board Change • Sep 21Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 4 highly experienced directors. Independent Director Judy Bacchus was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.お知らせ • Jul 21Universal Stainless & Alloy Products, Inc. to Report Q2, 2022 Results on Jul 27, 2022Universal Stainless & Alloy Products, Inc. announced that they will report Q2, 2022 results on Jul 27, 2022お知らせ • Jun 22Universal Stainless & Alloy Products, Inc. Resumes Operations At Bridgeville, Pa Melt ShopUniversal Stainless & Alloy Products, Inc. reported that operations at its Bridgeville Electric Arc Melting facility resumed in May as anticipated and have now returned to full operating capacity following a metal spill that occurred in April. The spill was caused by a breakthrough at the bottom of a furnace shell. No one was injured and there was no environmental impact. All other operations continued to function normally and there were no near term interruptions to product delivery schedules.Buying Opportunity • Jun 17Now 23% undervalued after recent price dropOver the last 90 days, the stock is down 19%. The fair value is estimated to be €8.66, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 21% over the last 3 years. Meanwhile, the company has become profitable.Buying Opportunity • May 12Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 9.8%. The fair value is estimated to be €9.34, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 21% over the last 3 years. Meanwhile, the company has become profitable.Board Change • Apr 27Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 4 highly experienced directors. Independent Director Judy Bacchus was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Apr 21First quarter 2022 earnings released: US$0.18 loss per share (vs US$0.51 loss in 1Q 2021)First quarter 2022 results: US$0.18 loss per share (up from US$0.51 loss in 1Q 2021). Revenue: US$47.6m (up 28% from 1Q 2021). Net loss: US$1.62m (loss narrowed 64% from 1Q 2021). Over the next year, revenue is forecast to grow 19%, compared to a 34% growth forecast for the industry in Germany.お知らせ • Apr 12Universal Stainless & Alloy Products, Inc. to Report Q1, 2022 Results on Apr 20, 2022Universal Stainless & Alloy Products, Inc. announced that they will report Q1, 2022 results on Apr 20, 2022お知らせ • Apr 09Universal Stainless & Alloy Products, Inc., Annual General Meeting, May 04, 2022Universal Stainless & Alloy Products, Inc., Annual General Meeting, May 04, 2022, at 10:00 Eastern Daylight. Location: the Hyatt Hotel, Pittsburgh International Airport, 1111 Airport Boulevard Pittsburgh, Pennsylvania 15231 Pittsburgh Pennsylvania United States Agenda: To consider Elect a Board of Direct; to consider Vote on an advisory, non-binding resolution to approve the compensation for the Company’s named executive officers; to consider Vote to amend the Universal Stainless & Alloy Products, Inc. Amended and Restated 2017 Equity Incentive Plan to increase the number of shares reserved for issuance under the plan by 500,000 shares; to consider Vote to ratify the appointment of Schneider Downs & Co., Inc. as the Company’s independent registered public accountants for 2022; and to consider other matters.お知らせ • Apr 06Universal Stainless & Alloy Products, Inc. Names Steven V. DiTommaso as Chief Financial OfficerUniversal Stainless & Alloy Products, Inc. announced that Steven V. DiTommaso has been named chief financial officer of the company, effective April 1, 2022. Mr. DiTommaso has served as Corporate Controller of the Company since 2018.Reported Earnings • Jan 28Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: US$0.085 loss per share (up from US$2.16 loss in FY 2020). Revenue: US$155.9m (down 13% from FY 2020). Net loss: US$758.0k (loss narrowed 96% from FY 2020). Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 25%, compared to a 16% growth forecast for the mining industry in Germany.Reported Earnings • Oct 22Third quarter 2021 earnings released: EPS US$0.89 (vs US$0.79 loss in 3Q 2020)The company reported a decent third quarter result with improved earnings and profit margins, although revenues were flat. Third quarter 2021 results: Revenue: US$37.2m (flat on 3Q 2020). Net income: US$7.89m (up US$14.9m from 3Q 2020). Profit margin: 21% (up from net loss in 3Q 2020).Reported Earnings • Jul 24Second quarter 2021 earnings released: US$0.28 loss per share (vs US$0.38 loss in 2Q 2020)The company reported a soft second quarter result with weaker revenues and control over costs, although losses reduced. Second quarter 2021 results: Revenue: US$38.5m (down 27% from 2Q 2020). Net loss: US$2.49m (loss narrowed 25% from 2Q 2020).Reported Earnings • Apr 24First quarter 2021 earnings released: US$0.51 loss per share (vs US$0.16 loss in 1Q 2020)The company reported a poor first quarter result with increased losses, weaker revenues and weaker control over costs. First quarter 2021 results: Revenue: US$37.0m (down 37% from 1Q 2020). Net loss: US$4.53m (loss widened 221% from 1Q 2020).Executive Departure • Mar 21VP of Finance, CFO & Treasurer has left the companyOn the 19th of March, Christopher Scanlon's tenure as VP of Finance, CFO & Treasurer ended after 3.0 years in the role. As of December 2020, Christopher personally held only 674.00 shares (€4.0k worth at the time). A total of 2 executives have left over the last 12 months.お知らせ • Mar 21+ 1 more updateUniversal Stainless & Alloy Products, Inc. Announces Executive ChangesOn March 15, 2021, Christopher T. Scanlon, Vice President of Finance, Chief Financial Officer and Treasurer of Universal Stainless & Alloy Products, Inc. and the Company’s principal financial and accounting officer, notified the Company of his intention to resign from his position with the Company to pursue another opportunity. The effective date of Mr. Scanlon’s resignation will be March 19, 2021. Dennis M. Oates, the Company’s Chairman, President and Chief Executive Officer, will serve as the Company’s interim principal financial and accounting officer through the conclusion of the search process for a successor to Mr. Scanlon.Reported Earnings • Feb 20Full year 2020 earnings released: US$2.16 loss per share (vs US$0.49 profit in FY 2019)The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: US$179.7m (down 26% from FY 2019). Net loss: US$19.0m (down US$23.3m from profit in FY 2019).Analyst Estimate Surprise Post Earnings • Feb 20Revenue misses expectationsRevenue missed analyst estimates by 2.8%. Over the next year, revenue is expected to shrink by 12% compared to a 20% growth forecast for the Metals and Mining industry in Germany.Is New 90 Day High Low • Feb 16New 90-day high: €7.90The company is up 40% from its price of €5.65 on 18 November 2020. The German market is up 11% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Metals and Mining industry, which is up 67% over the same period.Reported Earnings • Jan 28Full year 2020 earnings released: US$2.16 loss per share (vs US$0.49 profit in FY 2019)The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: US$179.7m (down 26% from FY 2019). Net loss: US$19.0m (down US$23.3m from profit in FY 2019).Analyst Estimate Surprise Post Earnings • Jan 28Revenue misses expectationsRevenue missed analyst estimates by 2.8%. Over the next year, revenue is expected to shrink by 12% compared to a 13% growth forecast for the Metals and Mining industry in Germany.お知らせ • Jan 20Universal Stainless & Alloy Products, Inc. to Report Q4, 2020 Results on Jan 27, 2021Universal Stainless & Alloy Products, Inc. announced that they will report Q4, 2020 results on Jan 27, 2021Is New 90 Day High Low • Jan 09New 90-day high: €6.80The company is up 43% from its price of €4.76 on 09 October 2020. The German market is up 9.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Metals and Mining industry, which is up 51% over the same period.Is New 90 Day High Low • Nov 24New 90-day high: €5.90The company is up 10.0% from its price of €5.35 on 26 August 2020. The German market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is flat over the same period.Recent Insider Transactions • Oct 27Chief Commercial Officer & Executive VP recently bought €219k worth of stockOn the 26th of October, Christopher Zimmer bought around 46k shares on-market at roughly €4.77 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €372k more in shares than they have sold in the last 12 months.Reported Earnings • Oct 22Third quarter earnings releasedOver the last 12 months the company has reported total losses of US$11.5m, with earnings decreasing by US$16.2m from the prior year. Total revenue was US$203.6m over the last 12 months, down 17% from the prior year.お知らせ • Oct 15Universal Stainless & Alloy Products, Inc. to Report Q3, 2020 Results on Oct 21, 2020Universal Stainless & Alloy Products, Inc. announced that they will report Q3, 2020 results at 11:00 AM, GMT Standard Time on Oct 21, 2020お知らせ • Sep 21Universal Stainless & Alloy Products, Inc.(NasdaqGS:USAP) dropped from S&P Global BMI IndexUniversal Stainless & Alloy Products, Inc.(NasdaqGS:USAP) dropped from S&P Global BMI Indexお知らせ • Jul 25Universal Stainless & Alloy Products, Inc. to Report Q2, 2020 Results on Jul 29, 2020Universal Stainless & Alloy Products, Inc. announced that they will report Q2, 2020 results at 11:00 AM, GMT Standard Time on Jul 29, 2020 このセクションでは通常、投資家が会社の利益創出能力を理解する一助となるよう、プロのアナリストのコンセンサス予想に基づく収益と利益の成長予測を提示する。しかし、Universal Stainless & Alloy Products は十分な過去のデータを提供しておらず、アナリストの予測もないため、過去のデータを外挿したり、アナリストの予測を使用しても、その将来の収益を確実に算出することはできません。 シンプリー・ウォール・ストリートがカバーする企業の97%は過去の財務データを持っているため、これはかなり稀な状況です。 業績と収益の成長予測DB:US6 - アナリストの将来予測と過去の財務データ ( )USD Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数9/30/2024327271937N/A6/30/2024311181532N/A3/31/2024298101832N/A12/31/202328651225N/A9/30/2023262-1415N/A6/30/2023237-5-211N/A3/31/2023220-7-16-1N/A12/31/2022202-8-21-9N/A9/30/2022189-6-35-19N/A6/30/20221803-41-29N/A3/31/20221662-35-24N/A12/31/2021156-1-29-18N/A9/30/2021144-6-16N/A6/30/2021144-212026N/A3/31/2021158-222533N/A12/31/2020180-191524N/A9/30/2020204-12517N/A6/30/2020223-4-411N/A3/31/20202412-106N/A12/31/20192434-22-4N/A9/30/20192455-97N/A6/30/20192578-171N/A3/31/201925210-711N/A12/31/201825611117N/A9/30/201824918-161N/A6/30/201823114N/A3N/A3/31/201821811N/A-11N/A12/31/20172038N/A1N/A9/30/2017187-2N/A1N/A6/30/2017175-2N/A0N/A3/31/2017164-4N/A7N/A12/31/2016154-5N/A8N/A9/30/2016152-7N/A15N/A6/30/2016156-24N/A26N/A3/31/2016164-23N/A23N/A12/31/2015181-21N/A19N/A9/30/2015202-16N/A21N/A6/30/20152123N/A12N/A3/31/20152155N/A9N/A12/31/20142064N/A13N/A9/30/2014193-1N/A11N/A6/30/2014188-4N/A19N/A3/31/2014178-5N/A25N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: US6の予測収益成長が 貯蓄率 ( 1% ) を上回っているかどうかを判断するにはデータが不十分です。収益対市場: US6の収益がGerman市場よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です高成長収益: US6の収益が今後 3 年間で 大幅に 増加すると予想されるかどうかを判断するにはデータが不十分です。収益対市場: US6の収益がGerman市場よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です。高い収益成長: US6の収益が年間20%よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です。一株当たり利益成長率予想将来の株主資本利益率将来のROE: US6の 自己資本利益率 が 3 年後に高くなると予測されるかどうかを判断するにはデータが不十分です成長企業の発掘7D1Y7D1Y7D1YMaterials 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2025/01/24 14:04終値2025/01/22 00:00収益2024/09/30年間収益2023/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレークこのレポートを生成するために使用した分析モデルの詳細は、当社の Github ページ でご覧いただけます。また、レポートの使い方に関する ガイド や YouTube の チュートリアル もご用意しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Universal Stainless & Alloy Products, Inc. 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。5 アナリスト機関Michael GalloCL King & Associates, Inc.Philip GibbsKeyBanc Capital Markets Inc.Christopher OlinRosenblatt Securities Inc.2 その他のアナリストを表示
お知らせ • Jan 25Universal Stainless & Alloy Products, Inc. Provides Sales Guidance for the Fourth Quarter and Full Year of 2023Universal Stainless & Alloy Products, Inc. provided sales guidance for the fourth quarter and full year of 2023. For the quarter, the company expects total sales to be approximate a record $78 million to $80 million compares with $56.2 million in the fourth quarter of 2022.For the full year, the company expects sales to be approximate a record $284 million to $286 million versus $202.1 million in 2022.
お知らせ • Jan 20Universal Stainless & Alloy Products, Inc. Provides Preliminary Earnings Guidance for the Fourth Quarter of 2022Universal Stainless & Alloy Products, Inc. provided preliminary earnings guidance for the fourth quarter of 2022. For the quarter, the company expects net sales for the fourth quarter of 2022 of $56.2 million, an increase of 22% from the third quarter of 2022, and 30% higher than the fourth quarter of 2021. Sales of premium alloys in the fourth quarter of 2022 are expected to reach a record $13.5 million, or 24% of sales, driven mainly by a 27% sequential increase in sales to the aerospace market. Net loss of 2022 of approximately $3.7 million, or $0.41 per diluted share, compared with a net loss of $1.3 million, or $0.14 per diluted share, in the third quarter of 2022.
お知らせ • Jun 22Universal Stainless & Alloy Products, Inc. Resumes Operations At Bridgeville, Pa Melt ShopUniversal Stainless & Alloy Products, Inc. reported that operations at its Bridgeville Electric Arc Melting facility resumed in May as anticipated and have now returned to full operating capacity following a metal spill that occurred in April. The spill was caused by a breakthrough at the bottom of a furnace shell. No one was injured and there was no environmental impact. All other operations continued to function normally and there were no near term interruptions to product delivery schedules.
お知らせ • Jan 24+ 2 more updatesUniversal Stainless & Alloy Products Intends to File with the SEC a Certification and Notice of Termination of Registration on Form 15 with Respect to the Common StockIn connection with the consummation of the Merger, on January 23, 2025, Universal Stainless & Alloy Products, Inc. (the Company) notified The Nasdaq Stock Market (“Nasdaq”) that the Merger was completed and requested that Nasdaq (i) suspend trading of the Common Stock effective as of the close of business on January 23, 2025, (ii) withdraw the Common Stock from listing on Nasdaq, and (iii) file with the SEC a Notification of Removal from Listing and/or Registration under Section 12(b) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), on Form 25 to effect the delisting of the Common Stock from Nasdaq and to deregister the Common Stock under Section 12(b) of the Exchange Act. As a result, trading of the Common Stock on Nasdaq will be suspended at the close of business on January 23, 2025. In addition, the Company intends to file with the SEC a Certification and Notice of Termination of Registration on Form 15 with respect to the Common Stock requesting the suspension of the Company’s reporting obligations under Sections 13 and 15(d) of the Exchange Act.
お知らせ • Jan 23Universal Stainless & Alloy Products, Inc. Announces Directorate Changes in Connection with the MergerUniversal Stainless & Alloy Products, Inc. announced that In connection with the Merger, effective as of the Effective Time, each of Dennis Oates, Christopher Ayers, Judith Bacchus, M. David Kornblatt, and Udi Toledano submitted his or her resignation from the Company’s board of directors and each committee thereof on which such director served. No director resigned as a result of any disagreement with the Company on any matter related to the Company’s operations, policies or practices. In connection with the consummation of the Merger, effective as of the Effective Time, each of Frédéric Mattei, Timoteo Di Maulo, Vanisha Mittal Bhatia, Sudhakar Sivaji and Aviv Joaquim Bezerra de Melo was appointed to the Company’s board of directors.
Recent Insider Transactions • Nov 08Vice President of Manufacturing recently sold €486k worth of stockOn the 5th of November, Wendel Crosby sold around 12k shares on-market at roughly €40.51 per share. This transaction amounted to 17% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months.
Reported Earnings • Nov 01Third quarter 2024 earnings released: EPS: US$1.19 (vs US$0.21 in 3Q 2023)Third quarter 2024 results: EPS: US$1.19 (up from US$0.21 in 3Q 2023). Revenue: US$87.3m (up 22% from 3Q 2023). Net income: US$11.1m (up 473% from 3Q 2023). Profit margin: 13% (up from 2.7% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to stay flat during the next 2 years compared to a 2.1% growth forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has increased by 97% per year but the company’s share price has only increased by 71% per year, which means it is significantly lagging earnings growth.
New Risk • Oct 20New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.5% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (9.2% average weekly change). Shareholders have been diluted in the past year (2.5% increase in shares outstanding).
お知らせ • Oct 17Aperam S.A. (ENXTAM:APAM) entered into a definitive agreement to acquire Universal Stainless & Alloy Products, Inc. (NasdaqGS:USAP) for approximately $440 million.Aperam S.A. (ENXTAM:APAM) entered into a definitive agreement to acquire Universal Stainless & Alloy Products, Inc. (NasdaqGS:USAP) for approximately $440 million on October 16, 2024. Under the terms of the agreement, Aperam will acquire all the outstanding shares of Universal for $45.00 per share in cash, which represents a premium of approximately 19% to Universal’s three-month volume-weighted average stock price as of October 16, 2024 and 10.6x trailing 12-month Adjusted EBITDA as of June 30, 2024. The transaction values Universal Stainless & Alloy Products at an enterprise value of approximately $540 million. The payment of the purchase price is secured by the commitment of 5 core banks to enter into a bridge facility agreement. The Merger Agreement contains certain termination rights for both Universal Stainless and Aperam and further provides that, upon termination of the Merger Agreement under certain circumstances, Universal Stainless may be obligated to pay Aperam a termination fee of $14.8 million, including if the Merger Agreement is terminated. Upon completion of the transaction, Universal will become a wholly owned subsidiary of Aperam and the shares of Universal common stock will cease trading on the NASDAQ stock exchange. Following the closing of the transaction, Universal will continue to do business as Universal Stainless and maintain its headquarters in Bridgeville, PA. The transaction, which has been unanimously approved by the boards of directors of both companies, is expected to close in the first quarter of 2025, subject to satisfaction of customary closing conditions, including receipt of regulatory approval, the expiration or termination of any waiting periods and approval by a majority of all outstanding shares of Universal common stock held by Universal stockholders at a Special Meeting to be scheduled in due course. TD Securities (USA) LLC is acting as exclusive financial advisor as well as fairness opinion provider to Universal and Jeffrey W. Acre and Michelle R. McCreery of K&L Gates LLP serving as legal counsels. George Casey, Pierre-Emmanuel Perais, Yelena Nersesyan, Arnaud Coibion (Belgium) and Lauren Bachtel of Linklaters acted as legal advisors to Aperam in the transaction.
Valuation Update With 7 Day Price Move • Sep 10Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to €31.60, the stock trades at a trailing P/E ratio of 19.4x. Average forward P/E is 7x in the Metals and Mining industry in Europe. Total returns to shareholders of 251% over the past three years.
Reported Earnings • Aug 01Second quarter 2024 earnings released: EPS: US$0.96 (vs US$0.099 in 2Q 2023)Second quarter 2024 results: EPS: US$0.96 (up from US$0.099 in 2Q 2023). Revenue: US$82.8m (up 20% from 2Q 2023). Net income: US$8.87m (up US$7.97m from 2Q 2023). Profit margin: 11% (up from 1.3% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.1% p.a. on average during the next 2 years, compared to a 1.9% growth forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has increased by 95% per year but the company’s share price has only increased by 56% per year, which means it is significantly lagging earnings growth.
お知らせ • Jul 17Universal Stainless & Alloy Products, Inc. to Report Q2, 2024 Results on Jul 31, 2024Universal Stainless & Alloy Products, Inc. announced that they will report Q2, 2024 results at 9:30 AM, US Eastern Standard Time on Jul 31, 2024
Board Change • Jun 15Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 4 highly experienced directors. Independent Director Judy Bacchus was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.
お知らせ • Apr 26Universal Stainless & Alloy Products, Inc. to Report Q1, 2024 Results on May 01, 2024Universal Stainless & Alloy Products, Inc. announced that they will report Q1, 2024 results on May 01, 2024
お知らせ • Apr 11Universal Stainless & Alloy Products, Inc., Annual General Meeting, May 08, 2024Universal Stainless & Alloy Products, Inc., Annual General Meeting, May 08, 2024, at 09:00 US Eastern Standard Time. Location: Hyatt Hotel, Pittsburgh International Airport, 1111 Airport Boulevard Pittsburgh Pennsylvania United States
お知らせ • Mar 28Universal Stainless & Alloy Products, Inc. to Report Q4, 2023 Results on Mar 28, 2024Universal Stainless & Alloy Products, Inc. announced that they will report Q4, 2023 results on Mar 28, 2024
お知らせ • Mar 17Universal Stainless & Alloy Products, Inc. announced delayed annual 10-K filingOn 03/15/2024, Universal Stainless & Alloy Products, Inc. announced that they will be unable to file their next 10-K by the deadline required by the SEC.
お知らせ • Feb 07Universal Stainless & Alloy Products, Inc. Announces Transition of Dennis M. Oates as A Non-Employee Member of Board of DirectorsOn January 31, 2024, Universal Stainless & Alloy Products, Inc. determined that Dennis M. Oates would transition from his current position as the Company’s Executive Chairman/Director to a position as a non-employee member of the Company’s Board of Directors, effective February 1, 2024. Mr. Oates will continue to serve as Chair of the Board of Directors and, beginning on February 1, 2024, will be eligible to receive the Company’s standard compensation for its non-employee directors.
お知らせ • Jan 25Universal Stainless & Alloy Products, Inc. Provides Sales Guidance for the Fourth Quarter and Full Year of 2023Universal Stainless & Alloy Products, Inc. provided sales guidance for the fourth quarter and full year of 2023. For the quarter, the company expects total sales to be approximate a record $78 million to $80 million compares with $56.2 million in the fourth quarter of 2022.For the full year, the company expects sales to be approximate a record $284 million to $286 million versus $202.1 million in 2022.
お知らせ • Oct 29Universal Stainless & Alloy Products, Inc. Announces CEO ChangesOn October 24, 2023, Dennis M. Oates informed Universal Stainless & Alloy Products, Inc. (the “Company”) that he would conclude his service as the Company’s President and Chief Executive Officer as of November 1, 2023 (the “Effective Date”). Mr. Oates will remain as a member of the Company’s Board of Directors (the “Board”) and, effective as of the Effective Date, will assume the role of Executive Chairman/Director. In his capacity as Executive Chairman/Director, Mr. Oates will receive from the Company the same salary and benefits that Mr. Oates received immediately prior to the Effective Date, subject to any later modification by the Compensation Committee of the Board. Also on October 24, 2023, the Board appointed Christopher M. Zimmer President and Chief Executive Officer effective, November 1, 2023. Mr. Zimmer [50] is currently the Company’s Executive Vice President and Chief Operating Officer and has been in that role since April 3, 2023. Prior to that Mr. Zimmer served as the Company’s Executive Vice President and Chief Commercial Officer since 2014. Mr. Zimmer served as the Company’s Vice President of Sales and Marketing from 2008 to 2014. Mr. Zimmer also previously served as Vice President of Sales and Marketing for Schmoltz+Bickenback USA from 1995 to 2008 and previously held positions of increasing responsibility, including inside sales, Commercial Manager – stainless bar, General Manager – nickel alloy products and National Sales Manager. In connection with Mr. Zimmer’s appointment as President and Chief Executive Officer of the Company, the Board expanded the size of the Board to six members and appointed Mr. Zimmer to serve as a director of the Company effective as of the Effective Date.
お知らせ • Oct 28Universal Stainless & Alloy Products, Inc. Announces Executive ChangesOn October 24, 2023, Dennis M. Oates informed Universal Stainless & Alloy Products, Inc. (the “Company”) that he would conclude his service as the Company’s President and Chief Executive Officer as of November 1, 2023 (the “Effective Date”). Mr. Oates will remain as a member of the Company’s Board of Directors (the “Board”) and, effective as of the Effective Date, will assume the role of Executive Chairman/Director. In his capacity as Executive Chairman/Director, Mr. Oates will receive from the Company the same salary and benefits that Mr. Oates received immediately prior to the Effective Date, subject to any later modification by the Compensation Committee of the Board. Also on October 24, 2023, the Board appointed Christopher M. Zimmer President and Chief Executive Officer effective, November 1, 2023. Mr. Zimmer [50] is currently the Company’s Executive Vice President and Chief Operating Officer and has been in that role since April 3, 2023. Prior to that Mr. Zimmer served as the Company’s Executive Vice President and Chief Commercial Officer since 2014. Mr. Zimmer served as the Company’s Vice President of Sales and Marketing from 2008 to 2014. Mr. Zimmer also previously served as Vice President of Sales and Marketing for Schmoltz+Bickenback USA from 1995 to 2008 and previously held positions of increasing responsibility, including inside sales, Commercial Manager – stainless bar, General Manager – nickel alloy products and National Sales Manager. In connection with Mr. Zimmer’s appointment as President and Chief Executive Officer of the Company, the Board expanded the size of the Board to six members and appointed Mr. Zimmer to serve as a director of the Company effective as of the Effective Date.
New Risk • Oct 28New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of German stocks, typically moving 8.8% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (8.8% average weekly change). Earnings have declined by 39% per year over the past 5 years.
Reported Earnings • Oct 26Third quarter 2023 earnings released: EPS: US$0.21 (vs US$0.14 loss in 3Q 2022)Third quarter 2023 results: EPS: US$0.21 (up from US$0.14 loss in 3Q 2022). Revenue: US$71.3m (up 54% from 3Q 2022). Net income: US$1.93m (up US$3.23m from 3Q 2022). Profit margin: 2.7% (up from net loss in 3Q 2022). The move to profitability was driven by higher revenue. Revenue is forecast to grow 7.4% p.a. on average during the next 2 years, while revenues in the Metals and Mining industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 61% per year but the company’s share price has only increased by 33% per year, which means it is significantly lagging earnings growth.
お知らせ • Oct 26Universal Stainless & Alloy Products, Inc. Announces Executive ChangesUniversal Stainless & Alloy Products, Inc. announced that it has taken the next step in its leadership succession plan with the naming of Christopher M. Zimmer as President and Chief Executive Officer. Mr. Zimmer has also been appointed to the Board of Directors. The transition is effective November 1st. Mr. Zimmer succeeds Dennis M. Oates in those roles. Mr. Oates takes on the newly-established role of Executive Chairman of Universal. Mr. Zimmer is a 15-year veteran of Universal. He joined the Company in 2008 as Vice President of Sales and Marketing, became Executive Vice President and Chief Commercial Officer in 2014, and assumed the post of Chief Operating Officer in April 2023. As COO, he has been responsible for manufacturing, technology, and quality organizations as well as sales, marketing and supply chain management and development. As Executive Chairman, Mr. Oates will continue to play a key role within the Board of Directors. Additionally, with his deep commitment to Universal, his long track record of achievement and his high regard within the specialty steel industry, Mr. Oates will focus on a smooth transition and longer-term strategic issues.
お知らせ • Oct 13Universal Stainless & Alloy Products, Inc. to Report Q3, 2023 Results on Oct 25, 2023Universal Stainless & Alloy Products, Inc. announced that they will report Q3, 2023 results at 9:30 AM, US Eastern Standard Time on Oct 25, 2023
Reported Earnings • Jul 27Second quarter 2023 earnings released: EPS: US$0.099 (vs US$0.16 loss in 2Q 2022)Second quarter 2023 results: EPS: US$0.099 (up from US$0.16 loss in 2Q 2022). Revenue: US$69.0m (up 32% from 2Q 2022). Net income: US$895.0k (up US$2.33m from 2Q 2022). Profit margin: 1.3% (up from net loss in 2Q 2022). The move to profitability was driven by higher revenue. Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 1.1% decline forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has only increased by 29% per year, which means it is significantly lagging earnings growth.
お知らせ • Jul 08Universal Stainless & Alloy Products, Inc. to Report Q2, 2023 Results on Jul 26, 2023Universal Stainless & Alloy Products, Inc. announced that they will report Q2, 2023 results on Jul 26, 2023
お知らせ • May 17Universal Stainless & Alloy Products, Inc. Announces Base Price Increase on Plate ProductsUniversal Stainless & Alloy Products, Inc. announced a base price increase of 5% to 10% on plate products. The increase goes into effect immediately. Current material and energy surcharges will remain in effect.
Reported Earnings • Apr 27First quarter 2023 earnings released: US$0.057 loss per share (vs US$0.18 loss in 1Q 2022)First quarter 2023 results: US$0.057 loss per share (improved from US$0.18 loss in 1Q 2022). Revenue: US$65.9m (up 39% from 1Q 2022). Net loss: US$512.0k (loss narrowed 68% from 1Q 2022). Revenue is forecast to grow 7.7% p.a. on average during the next 2 years, compared to a 1.1% decline forecast for the Metals and Mining industry in Europe.
Reported Earnings • Feb 27Full year 2022 earnings released: US$0.90 loss per share (vs US$0.085 loss in FY 2021)Full year 2022 results: US$0.90 loss per share (further deteriorated from US$0.085 loss in FY 2021). Revenue: US$202.1m (up 30% from FY 2021). Net loss: US$8.07m (loss widened US$7.32m from FY 2021). Revenue is forecast to grow 10% p.a. on average during the next 2 years, compared to a 1.4% decline forecast for the Metals and Mining industry in Europe.
Reported Earnings • Jan 26Full year 2022 earnings released: US$0.90 loss per share (vs US$0.085 loss in FY 2021)Full year 2022 results: US$0.90 loss per share (further deteriorated from US$0.085 loss in FY 2021). Revenue: US$202.1m (up 30% from FY 2021). Net loss: US$8.07m (loss widened US$7.32m from FY 2021).
お知らせ • Jan 20Universal Stainless & Alloy Products, Inc. Provides Preliminary Earnings Guidance for the Fourth Quarter of 2022Universal Stainless & Alloy Products, Inc. provided preliminary earnings guidance for the fourth quarter of 2022. For the quarter, the company expects net sales for the fourth quarter of 2022 of $56.2 million, an increase of 22% from the third quarter of 2022, and 30% higher than the fourth quarter of 2021. Sales of premium alloys in the fourth quarter of 2022 are expected to reach a record $13.5 million, or 24% of sales, driven mainly by a 27% sequential increase in sales to the aerospace market. Net loss of 2022 of approximately $3.7 million, or $0.41 per diluted share, compared with a net loss of $1.3 million, or $0.14 per diluted share, in the third quarter of 2022.
Board Change • Nov 16Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 4 highly experienced directors. Independent Director Judy Bacchus was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Oct 27Third quarter 2022 earnings released: US$0.14 loss per share (vs US$0.89 profit in 3Q 2021)Third quarter 2022 results: US$0.14 loss per share (down from US$0.89 profit in 3Q 2021). Revenue: US$46.2m (up 24% from 3Q 2021). Net loss: US$1.30m (down 116% from profit in 3Q 2021). Revenue is forecast to grow 15% p.a. on average during the next 2 years, compared to a 3.3% decline forecast for the Metals and Mining industry in Europe.
お知らせ • Oct 20+ 1 more updateUniversal Stainless & Alloy Products, Inc. to Report Q3, 2022 Results on Oct 26, 2022Universal Stainless & Alloy Products, Inc. announced that they will report Q3, 2022 results on Oct 26, 2022
Board Change • Sep 21Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 4 highly experienced directors. Independent Director Judy Bacchus was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
お知らせ • Jul 21Universal Stainless & Alloy Products, Inc. to Report Q2, 2022 Results on Jul 27, 2022Universal Stainless & Alloy Products, Inc. announced that they will report Q2, 2022 results on Jul 27, 2022
お知らせ • Jun 22Universal Stainless & Alloy Products, Inc. Resumes Operations At Bridgeville, Pa Melt ShopUniversal Stainless & Alloy Products, Inc. reported that operations at its Bridgeville Electric Arc Melting facility resumed in May as anticipated and have now returned to full operating capacity following a metal spill that occurred in April. The spill was caused by a breakthrough at the bottom of a furnace shell. No one was injured and there was no environmental impact. All other operations continued to function normally and there were no near term interruptions to product delivery schedules.
Buying Opportunity • Jun 17Now 23% undervalued after recent price dropOver the last 90 days, the stock is down 19%. The fair value is estimated to be €8.66, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 21% over the last 3 years. Meanwhile, the company has become profitable.
Buying Opportunity • May 12Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 9.8%. The fair value is estimated to be €9.34, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 21% over the last 3 years. Meanwhile, the company has become profitable.
Board Change • Apr 27Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 4 highly experienced directors. Independent Director Judy Bacchus was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Apr 21First quarter 2022 earnings released: US$0.18 loss per share (vs US$0.51 loss in 1Q 2021)First quarter 2022 results: US$0.18 loss per share (up from US$0.51 loss in 1Q 2021). Revenue: US$47.6m (up 28% from 1Q 2021). Net loss: US$1.62m (loss narrowed 64% from 1Q 2021). Over the next year, revenue is forecast to grow 19%, compared to a 34% growth forecast for the industry in Germany.
お知らせ • Apr 12Universal Stainless & Alloy Products, Inc. to Report Q1, 2022 Results on Apr 20, 2022Universal Stainless & Alloy Products, Inc. announced that they will report Q1, 2022 results on Apr 20, 2022
お知らせ • Apr 09Universal Stainless & Alloy Products, Inc., Annual General Meeting, May 04, 2022Universal Stainless & Alloy Products, Inc., Annual General Meeting, May 04, 2022, at 10:00 Eastern Daylight. Location: the Hyatt Hotel, Pittsburgh International Airport, 1111 Airport Boulevard Pittsburgh, Pennsylvania 15231 Pittsburgh Pennsylvania United States Agenda: To consider Elect a Board of Direct; to consider Vote on an advisory, non-binding resolution to approve the compensation for the Company’s named executive officers; to consider Vote to amend the Universal Stainless & Alloy Products, Inc. Amended and Restated 2017 Equity Incentive Plan to increase the number of shares reserved for issuance under the plan by 500,000 shares; to consider Vote to ratify the appointment of Schneider Downs & Co., Inc. as the Company’s independent registered public accountants for 2022; and to consider other matters.
お知らせ • Apr 06Universal Stainless & Alloy Products, Inc. Names Steven V. DiTommaso as Chief Financial OfficerUniversal Stainless & Alloy Products, Inc. announced that Steven V. DiTommaso has been named chief financial officer of the company, effective April 1, 2022. Mr. DiTommaso has served as Corporate Controller of the Company since 2018.
Reported Earnings • Jan 28Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: US$0.085 loss per share (up from US$2.16 loss in FY 2020). Revenue: US$155.9m (down 13% from FY 2020). Net loss: US$758.0k (loss narrowed 96% from FY 2020). Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 25%, compared to a 16% growth forecast for the mining industry in Germany.
Reported Earnings • Oct 22Third quarter 2021 earnings released: EPS US$0.89 (vs US$0.79 loss in 3Q 2020)The company reported a decent third quarter result with improved earnings and profit margins, although revenues were flat. Third quarter 2021 results: Revenue: US$37.2m (flat on 3Q 2020). Net income: US$7.89m (up US$14.9m from 3Q 2020). Profit margin: 21% (up from net loss in 3Q 2020).
Reported Earnings • Jul 24Second quarter 2021 earnings released: US$0.28 loss per share (vs US$0.38 loss in 2Q 2020)The company reported a soft second quarter result with weaker revenues and control over costs, although losses reduced. Second quarter 2021 results: Revenue: US$38.5m (down 27% from 2Q 2020). Net loss: US$2.49m (loss narrowed 25% from 2Q 2020).
Reported Earnings • Apr 24First quarter 2021 earnings released: US$0.51 loss per share (vs US$0.16 loss in 1Q 2020)The company reported a poor first quarter result with increased losses, weaker revenues and weaker control over costs. First quarter 2021 results: Revenue: US$37.0m (down 37% from 1Q 2020). Net loss: US$4.53m (loss widened 221% from 1Q 2020).
Executive Departure • Mar 21VP of Finance, CFO & Treasurer has left the companyOn the 19th of March, Christopher Scanlon's tenure as VP of Finance, CFO & Treasurer ended after 3.0 years in the role. As of December 2020, Christopher personally held only 674.00 shares (€4.0k worth at the time). A total of 2 executives have left over the last 12 months.
お知らせ • Mar 21+ 1 more updateUniversal Stainless & Alloy Products, Inc. Announces Executive ChangesOn March 15, 2021, Christopher T. Scanlon, Vice President of Finance, Chief Financial Officer and Treasurer of Universal Stainless & Alloy Products, Inc. and the Company’s principal financial and accounting officer, notified the Company of his intention to resign from his position with the Company to pursue another opportunity. The effective date of Mr. Scanlon’s resignation will be March 19, 2021. Dennis M. Oates, the Company’s Chairman, President and Chief Executive Officer, will serve as the Company’s interim principal financial and accounting officer through the conclusion of the search process for a successor to Mr. Scanlon.
Reported Earnings • Feb 20Full year 2020 earnings released: US$2.16 loss per share (vs US$0.49 profit in FY 2019)The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: US$179.7m (down 26% from FY 2019). Net loss: US$19.0m (down US$23.3m from profit in FY 2019).
Analyst Estimate Surprise Post Earnings • Feb 20Revenue misses expectationsRevenue missed analyst estimates by 2.8%. Over the next year, revenue is expected to shrink by 12% compared to a 20% growth forecast for the Metals and Mining industry in Germany.
Is New 90 Day High Low • Feb 16New 90-day high: €7.90The company is up 40% from its price of €5.65 on 18 November 2020. The German market is up 11% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Metals and Mining industry, which is up 67% over the same period.
Reported Earnings • Jan 28Full year 2020 earnings released: US$2.16 loss per share (vs US$0.49 profit in FY 2019)The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: US$179.7m (down 26% from FY 2019). Net loss: US$19.0m (down US$23.3m from profit in FY 2019).
Analyst Estimate Surprise Post Earnings • Jan 28Revenue misses expectationsRevenue missed analyst estimates by 2.8%. Over the next year, revenue is expected to shrink by 12% compared to a 13% growth forecast for the Metals and Mining industry in Germany.
お知らせ • Jan 20Universal Stainless & Alloy Products, Inc. to Report Q4, 2020 Results on Jan 27, 2021Universal Stainless & Alloy Products, Inc. announced that they will report Q4, 2020 results on Jan 27, 2021
Is New 90 Day High Low • Jan 09New 90-day high: €6.80The company is up 43% from its price of €4.76 on 09 October 2020. The German market is up 9.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Metals and Mining industry, which is up 51% over the same period.
Is New 90 Day High Low • Nov 24New 90-day high: €5.90The company is up 10.0% from its price of €5.35 on 26 August 2020. The German market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is flat over the same period.
Recent Insider Transactions • Oct 27Chief Commercial Officer & Executive VP recently bought €219k worth of stockOn the 26th of October, Christopher Zimmer bought around 46k shares on-market at roughly €4.77 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €372k more in shares than they have sold in the last 12 months.
Reported Earnings • Oct 22Third quarter earnings releasedOver the last 12 months the company has reported total losses of US$11.5m, with earnings decreasing by US$16.2m from the prior year. Total revenue was US$203.6m over the last 12 months, down 17% from the prior year.
お知らせ • Oct 15Universal Stainless & Alloy Products, Inc. to Report Q3, 2020 Results on Oct 21, 2020Universal Stainless & Alloy Products, Inc. announced that they will report Q3, 2020 results at 11:00 AM, GMT Standard Time on Oct 21, 2020
お知らせ • Sep 21Universal Stainless & Alloy Products, Inc.(NasdaqGS:USAP) dropped from S&P Global BMI IndexUniversal Stainless & Alloy Products, Inc.(NasdaqGS:USAP) dropped from S&P Global BMI Index
お知らせ • Jul 25Universal Stainless & Alloy Products, Inc. to Report Q2, 2020 Results on Jul 29, 2020Universal Stainless & Alloy Products, Inc. announced that they will report Q2, 2020 results at 11:00 AM, GMT Standard Time on Jul 29, 2020