Sypris Solutions (NASDAQ:SYPR) Issues Quarterly Earnings Results, Misses Expectations By $0.15 EPS

Sypris Solutions (NASDAQ:SYPR) posted its quarterly earnings results on Tuesday. The auto parts company reported ($0.14) EPS for the quarter, missing analysts’ consensus estimates of $0.01 by ($0.15), FiscalAI reports. Sypris Solutions had a negative return on equity of 54.45% and a negative net margin of 8.23%.The company had revenue of $30.34 million during the quarter, compared to analyst estimates of $24.80 million.

Sypris Solutions Stock Down 1.0%

Shares of Sypris Solutions stock opened at $2.04 on Tuesday. Sypris Solutions has a 52-week low of $1.78 and a 52-week high of $4.74. The firm has a market cap of $46.94 million, a price-to-earnings ratio of -4.86 and a beta of 0.92. The stock has a 50-day simple moving average of $2.18 and a 200-day simple moving average of $2.88. The company has a debt-to-equity ratio of 1.07, a current ratio of 1.20 and a quick ratio of 0.39.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of Sypris Solutions in a report on Friday, July 17th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company presently has an average rating of “Sell”.

Institutional Inflows and Outflows

An institutional investor recently bought a new stake in Sypris Solutions stock. XTX Topco Ltd acquired a new stake in shares of Sypris Solutions, Inc. (NASDAQ:SYPR) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm acquired 10,133 shares of the auto parts company’s stock, valued at approximately $25,000. 44.66% of the stock is currently owned by institutional investors.

About Sypris Solutions

Sypris Solutions, Inc (NASDAQ: SYPR) is an engineering and manufacturing company headquartered in Tampa, Florida. The firm operates through two primary business segments—Contract Manufacturing and Power Solutions—delivering precision components, subassemblies, and service solutions to original equipment manufacturers (OEMs) and aftermarket customers. Sypris Solutions caters to a diverse range of end markets, including heavy truck, automotive, defense, and industrial power generation.

Within its Contract Manufacturing segment, Sypris Solutions offers end-to-end capabilities from design and prototyping to toolmaking and final assembly.