$0.09 EPS Expected for Ampco-Pittsburgh Corporation (AP)

July 14, 2018 - By Tamara Reed

Investors sentiment decreased to 1.04 in 2018 Q1. Its down 0.37, from 1.41 in 2017Q4. It fall, as 6 investors sold Ampco-Pittsburgh Corporation shares while 19 reduced holdings. 6 funds opened positions while 20 raised stakes. 7.10 million shares or 3.06% more from 6.89 million shares in 2017Q4 were reported.
California State Teachers Retirement Systems holds 0% in Ampco-Pittsburgh Corporation (NYSE:AP) or 13,852 shares. Legal General Grp Public Ltd Company holds 1,324 shares or 0% of its portfolio. Geode Mgmt Lc has 68,931 shares. Barclays Public Limited Liability Com holds 9,588 shares. Vanguard Gp owns 472,076 shares or 0% of their US portfolio. Schwab Charles Invest Mngmt reported 0% stake. Invesco reported 24,296 shares. New York-based Clearbridge Invs Llc has invested 0% in Ampco-Pittsburgh Corporation (NYSE:AP). State Common Retirement Fund accumulated 8,800 shares or 0% of the stock. Ancora Advisors Limited Liability Corporation has 74,090 shares for 0.03% of their portfolio. Gamco Investors Et Al, New York-based fund reported 1.44 million shares. Us National Bank De stated it has 0% of its portfolio in Ampco-Pittsburgh Corporation (NYSE:AP). 531,208 are held by Gabelli Funds Limited Liability Company. 42,000 were reported by California Pub Employees Retirement Systems. Bridgeway Capital Mgmt has invested 0% in Ampco-Pittsburgh Corporation (NYSE:AP).

Since January 29, 2018, it had 0 insider purchases, and 35 sales for $1.57 million activity.

Analysts expect Ampco-Pittsburgh Corporation (NYSE:AP) to report $0.09 EPS on August, 14.They anticipate $0.25 EPS change or 156.25 % from last quarter’s $-0.16 EPS. AP’s profit would be $1.11M giving it 27.78 P/E if the $0.09 EPS is correct. After having $0.08 EPS previously, Ampco-Pittsburgh Corporation’s analysts see 12.50 % EPS growth. The stock increased 0.50% or $0.05 during the last trading session, reaching $10. About 11,629 shares traded. Ampco-Pittsburgh Corporation (NYSE:AP) has declined 38.94% since July 14, 2017 and is downtrending. It has underperformed by 51.51% the S&P500.

Ampco-Pittsburgh Corporation, together with its subsidiaries, makes and sells custom designed engineering products to commercial and industrial users worldwide. The company has market cap of $123.62 million. It operates in two divisions, Forged and Cast Engineered Products, and Air and Liquid Processing. It currently has negative earnings. The Forged and Cast Engineered Products segment produces forged hardened steel rolls that are used in cold rolling by producers of steel, aluminum, and other metals; ingot and open die forged products for use in the gas and oil, and the aluminum and plastic extrusion industries; and cast rolls for hot and cold strip mills, medium/heavy section mills, and plate mills in various iron and steel qualities.

Another recent and important Ampco-Pittsburgh Corporation (NYSE:AP) news was published by Streetinsider.com which published an article titled: “Ampco-Pittsburgh (AP) Names J. Brett McBrayer as CEO” on June 25, 2018.

Ampco-Pittsburgh Corporation (NYSE:AP) Institutional Positions Chart

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