U.S. Markets closed

Synalloy Corp (SYNL) Files 10-K for the Fiscal Year Ended on December 31, 2018

- By insider

Synalloy Corp (SYNL) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. Synalloy Corp manufactures dyes, metal pipes and systems, fiberglass, and steel tanks. Its products are widely used in the chemical, paper, mining, textiles and liquefied natural gas industries. Synalloy Corp has a market cap of $137.800 million; its shares were traded at around $15.43 with a P/E ratio of 10.50 and P/S ratio of 0.53. The dividend yield of Synalloy Corp stocks is 1.61%.


For the last quarter Synalloy Corp reported a revenue of $5.34 million, compared with the revenue of $52.84 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $31.8 million, a decrease of 84.2% from the previous year. For the last five years Synalloy Corp had an average revenue decline of 24.7% a year.

The reported diluted earnings per share was $1.48 for the year, compared with the loss per share of $0.63 in the previous year. The Synalloy Corp enjoyed an operating margin of 70.69%, compared with the operating margin of 1.59% a year before. The 10-year historical median operating margin of Synalloy Corp is 2.90%. The profitability rank of the company is 3 (out of 10).

At the end of the fiscal year, Synalloy Corp has the cash and cash equivalents of $2.22 million, compared with $0.02 million in the previous year. The long term debt was $76.4 million, compared with $25.9 million in the previous year. The interest coverage to the debt is at a comfortable level of 10.2. Synalloy Corp has a financial strength rank of 5 (out of 10).

At the current stock price of $15.43, Synalloy Corp is traded at close to its historical median P/S valuation band of $14.15. The P/S ratio of the stock is 0.53, while the historical median P/S ratio is 0.48. The stock gained 3.32% during the past 12 months.

CEO Recent Trades:

  • CEO & President Craig C Bram bought 1,100 shares of SYNL stock on 03/14/2019 at the average price of $14.95. The price of the stock has increased by 3.21% since.
  • CEO & President Craig C Bram bought 10,000 shares of SYNL stock on 03/07/2019 at the average price of $14.96. The price of the stock has increased by 3.14% since.

Directors and Officers Recent Trades:

  • VP Corporate Administration Sarah M Cunningham bought 1,000 shares of SYNL stock on 03/13/2019 at the average price of $15. The price of the stock has increased by 2.87% since.
  • President of subsidiary Kyle Pennington J. bought 4,000 shares of SYNL stock on 03/11/2019 at the average price of $15. The price of the stock has increased by 2.87% since.
  • Director James W Jr Terry bought 1,500 shares of SYNL stock on 03/08/2019 at the average price of $15.15. The price of the stock has increased by 1.85% since.
  • President, Specialty Pipe Steven Baroff bought 2,000 shares of SYNL stock on 03/07/2019 at the average price of $15. The price of the stock has increased by 2.87% since.
  • Director Murray H Wright bought 5,916 shares of SYNL stock on 03/07/2019 at the average price of $14.87. The price of the stock has increased by 3.77% since.

For the complete 20-year historical financial data of SYNL, click here.

This article first appeared on GuruFocus.