SIFCO Industries (NYSE:SIF) Now Covered by StockNews.com

Stock analysts at StockNews.com started coverage on shares of SIFCO Industries (NYSE:SIF) in a research report issued on Sunday. The firm set a “buy” rating on the stock.

SIFCO Industries Trading Down 5.4 %

Shares of SIF stock opened at $3.45 on Friday. SIFCO Industries has a 12-month low of $2.87 and a 12-month high of $5.96. The company has a market capitalization of $21.29 million, a P/E ratio of -2.55 and a beta of 1.23. The firm has a 50-day moving average price of $4.38 and a 200 day moving average price of $3.70. The company has a quick ratio of 0.75, a current ratio of 0.99 and a debt-to-equity ratio of 0.12.

SIFCO Industries (NYSE:SIF) last posted its quarterly earnings data on Monday, August 12th. The company reported $0.01 earnings per share for the quarter. The firm had revenue of $29.26 million during the quarter. SIFCO Industries had a negative net margin of 7.92% and a negative return on equity of 25.72%.

Institutional Investors Weigh In On SIFCO Industries

An institutional investor recently raised its position in SIFCO Industries stock. Minerva Advisors LLC lifted its holdings in shares of SIFCO Industries, Inc. (NYSE:SIF) by 12.0% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 423,889 shares of the company’s stock after buying an additional 45,281 shares during the quarter. SIFCO Industries comprises approximately 1.1% of Minerva Advisors LLC’s investment portfolio, making the stock its 22nd biggest holding. Minerva Advisors LLC owned about 6.86% of SIFCO Industries worth $1,971,000 at the end of the most recent quarter. Hedge funds and other 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.