SVT - Servotronics, Inc.

NYSE American - Nasdaq Real Time Price. Currency in USD
12.11
+0.86 (+7.65%)
As of 9:34AM EST. Market open.
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Previous Close11.60
Open11.49
Bid11.62 x 200
Ask12.50 x 100
Day's Range12.11 - 12.11
52 Week Range8.49 - 12.80
Volume2,397
Avg. Volume6,603
Market Cap27.783M
Beta-0.70
PE Ratio (TTM)44.52
EPS (TTM)0.27
Earnings DateNov 9, 2017 - Nov 13, 2017
Forward Dividend & Yield0.15 (1.33%)
Ex-Dividend Date2017-06-28
1y Target EstN/A
Trade prices are not sourced from all markets
  • PR Newswire8 days ago

    Servotronics, Inc. Promotes Kenneth D. Trbovich To Chairman & Chief Executive Officer

    ELMA, N.Y., Nov. 16, 2017 /PRNewswire/ -- Servotronics, Inc. (NYSE American: SVT), a designer and manufacturer of servo-control components and other advanced technology products, announced today that Kenneth D. Trbovich, the Company's President, has been promoted to the positions of Chairman of the Board of Directors and Chief Executive Officer. Mr. Trbovich succeeds his late father & mentor, Company founder Dr. Nicholas D. Trbovich. "On behalf of the Board of Directors, I would like to congratulate Ken on his promotion to Chairman & CEO," said Edward C. Cosgrove, Esq.

  • PR Newswire8 days ago

    Servotronics, Inc. Announces Third Quarter 2017 Results

    ELMA, N.Y., Nov. 16, 2017 /PRNewswire/ -- Servotronics, Inc. (NYSE American: SVT) a designer and manufacturer of servo-control components and other advanced technology products announced financial results for the three and nine months ended September 30, 2017. For the third quarter, cost of goods sold (exclusive of depreciation and amortization) increased approximately $993,000 or 14.1%, however, as a percentage of revenue, cost of goods sold decreased for the quarter showing improvement over the first half of 2017.  Selling, general and administrative (SG&A) expenses increased approximately $422,000 or 25.5%.  The increase is primarily driven by the reserve established in the quarter for the death benefit owed pursuant to the Company's employment contract with its former Chairman of the Board and Chief Executive Officer.  This non-recurring expense totals approximately $449,000 and will be paid ratably over the remainder of the term of his employment agreement, or December 31, 2018.

  • Capital Cube9 days ago

    ETFs with exposure to Servotronics, Inc. : November 15, 2017

    Categories: ETFs Yahoo FinanceClick here to see latest analysis ETFs with exposure to Servotronics, Inc. Here are 5 ETFs with the largest exposure to SVT-US. Comparing the performance and risk of Servotronics, Inc. with the ETFs that have exposure to it gives us some ETF choices that could give us similar returns with lower volatility. Ticker Fund Name ... Read more (Read more...)

  • PR Newswire9 days ago

    Servotronics, Inc. Announces Third Quarter 2017 Results

    ELMA, N.Y., Nov. 15, 2017 /PRNewswire/ -- Servotronics, Inc. (NYSE American: SVT) a designer and manufacturer of servo-control components and other advanced technology products announced financial results for the three and nine months ended September 30, 2017. For the third quarter, cost of goods sold (exclusive of depreciation and amortization) increased approximately $993,000 or 14.1%, however, as a percentage of revenue, cost of goods sold decreased for the quarter showing improvement over the first half of 2017.  Selling, general and administrative (SG&A) expenses increased approximately $422,000 or 25.5%. The increase is primarily driven by the reserve established in the quarter for the death benefit owed pursuant to the Company's employment contract with its former Chairman of the Board and Chief Executive Officer.  This non-recurring expense totals approximately $449,000 and will be paid ratably over the remainder of the term of his employment agreement, or December 31, 2018.

  • Capital Cubelast month

    ETFs with exposure to Servotronics, Inc. : October 11, 2017

    Categories: ETFs Yahoo FinanceClick here to see latest analysis ETFs with exposure to Servotronics, Inc. Here are 5 ETFs with the largest exposure to SVT-US. Comparing the performance and risk of Servotronics, Inc. with the ETFs that have exposure to it gives us some ETF choices that could give us similar returns with lower volatility. Ticker Fund Name ... Read more (Read more...)

  • Servotronics, Inc. :SVT-US: Earnings Analysis: Q2, 2017 By the Numbers : October 10, 2017
    Capital Cubelast month

    Servotronics, Inc. :SVT-US: Earnings Analysis: Q2, 2017 By the Numbers : October 10, 2017

    Categories: Yahoo FinanceGet free summary analysis Servotronics, Inc. reports financial results for the quarter ended June 30, 2017. Highlights Summary numbers: Revenues of USD 9.62 million, Net Earnings of USD 0.11 million. Gross margins narrowed from 28.77% to 18.41% compared to the same period last year, operating (EBITDA) margins now 3.92% from 15.99%. Change in operating cash ... Read more (Read more...)

  • PR Newswire3 months ago

    Servotronics, Inc. Hosts Job Fair To Support New Hiring Initiative

    ELMA, N.Y., Aug. 14, 2017 /PRNewswire/ -- Servotronics, Inc. (NYSE American: SVT), a designer and manufacturer of servo-control components and other advanced technology products, announces a major new staffing program to hire at least an additional 30 new employees at its Elma, New York headquarters. The Company seeks qualified applicants for a wide range of positions on 1st, 2nd, and office shifts, including entry level, skilled labor, and professional candidates. "Servotronics is aggressively adding to its workforce to support increased demand from our customers," said Kenneth D. Trbovich, President of Servotronics.

  • PR Newswire3 months ago

    Servotronics, Inc. Announces Second Quarter Results For The Period Ended June 30, 2017

    ELMA, N.Y., Aug. 11, 2017 /PRNewswire/ -- Servotronics, Inc. (NYSE American: SVT) a designer and manufacturer of servo-control components and other advanced technology products announced financial results for the period ended June 30, 2017. The decrease in revenue is the result of decreases in commercial shipments at the Advanced Technology Group ("ATG") and Consumer Products Group ("CPG") offset by increases in revenue from government shipments at both business segments, ATG and CPG.

  • PR Newswire3 months ago

    Servotronics, Inc. Announces the Passing of its Distinguished Founder, Chairman, and CEO

    ELMA, N.Y., Aug. 10, 2017 /PRNewswire/ -- The management team of Servotronics, Inc. (NYSE American: SVT), a designer and manufacturer of servo-control components and other advanced technology products, is saddened to announce that the Company's Founder, Chairman, and CEO, Dr. Nicholas D. Trbovich, has died. Dr. Trbovich passed away peacefully in the presence of his family and loved ones on August 8, 2017. "All of us at Servotronics are deeply saddened by the passing of our friend and colleague, Dr. Nicholas D. Trbovich.

  • Capital Cube4 months ago

    ETFs with exposure to Servotronics, Inc. : July 31, 2017

    Categories: ETFs Yahoo FinanceClick here to see latest analysis ETFs with exposure to Servotronics, Inc. Here are 5 ETFs with the largest exposure to SVT-US. Comparing the performance and risk of Servotronics, Inc. with the ETFs that have exposure to it gives us some ETF choices that could give us similar returns with lower volatility. Ticker Fund Name ... Read more (Read more...)

  • Servotronics, Inc. :SVT-US: Earnings Analysis: Q1, 2017 By the Numbers : June 21, 2017
    Capital Cube5 months ago

    Servotronics, Inc. :SVT-US: Earnings Analysis: Q1, 2017 By the Numbers : June 21, 2017

    Categories: Yahoo FinanceGet free summary analysis Servotronics, Inc. reports financial results for the quarter ended March 31, 2017. We analyze the earnings along side the following peers of Servotronics, Inc. – Lifetime Brands, Inc., Allied Motion Technologies Inc., Sevcon, Inc., Regal Beloit Corp, Generac Holdings Inc., Nidec Corporation Sponsored ADR and UQM Technologies, Inc. (LCUT-US, AMOT-US, SEV-US, ... Read more (Read more...)

  • PR Newswire6 months ago

    Servotronics, Inc. (NYSE MKT-- SVT) Declares Cash Dividend Of $0.15 Per Share

    ELMA, N.Y. , May 16, 2017 /PRNewswire/ -- Servotronics, Inc. (NYSE MKT– SVT), today announced that its Board of Directors declared a $0.15 per share cash dividend.  The dividend will be paid on July 14, ...

  • PR Newswire6 months ago

    Servotronics, Inc. Announces First Quarter Results For The Period Ended March 31, 2017

    ELMA, N.Y., May 12, 2017 /PRNewswire/ -- Servotronics, Inc. (SVT) a designer and manufacturer of servo-control components and other advanced technology products announced financial results for the period ended March 31, 2017. "The increase in revenues for the first quarter were driven by our Advanced Technology Group (ATG), which saw a 4.4% increase compared to last year, offset by our Consumer Products Group (CPG), resulting is nearly a 2% increase overall," commented Kenneth Trbovich, President of Servotronics, Inc. "Our first quarter results were negatively impacted by higher labor costs and general inefficiencies associated with hiring and training employees to meet the demands of increased production.

  • Servotronics, Inc. :SVT-US: Earnings Analysis: Q4, 2016 By the Numbers : March 22, 2017
    Capital Cube8 months ago

    Servotronics, Inc. :SVT-US: Earnings Analysis: Q4, 2016 By the Numbers : March 22, 2017

    Categories: Yahoo Finance Get free summary analysis Servotronics, Inc. reports financial results for the quarter ended December 31, 2016. We analyze the earnings along side the following peers of Servotronics, Inc. – Lifetime Brands, Inc., Allied Motion Technologies Inc., Sevcon, Inc., Nidec Corporation Sponsored ADR, Regal Beloit Corp, Generac Holdings Inc. and Acme United Corporation (LCUT-US, AMOT-US, SEV-US, ... Read more (Read more...)

  • Servotronics, Inc. :SVT-US: Earnings Analysis: 2016 By the Numbers : March 20, 2017
    Capital Cube8 months ago

    Servotronics, Inc. :SVT-US: Earnings Analysis: 2016 By the Numbers : March 20, 2017

    Categories: Yahoo Finance Get free summary analysis Servotronics, Inc. reports financial results for the year ended December 31, 2016. We analyze the earnings along side the following peers of Servotronics, Inc. – Lifetime Brands, Inc., Allied Motion Technologies Inc., Sevcon, Inc., Nidec Corporation Sponsored ADR, Regal Beloit Corp, Generac Holdings Inc. and Acme United Corporation (LCUT-US, AMOT-US, SEV-US, ... Read more (Read more...)

  • PR Newswire8 months ago

    Servotronics, Inc. Announces 2016 Operating Results

    Net income for the twelve month period ended December 31, 2016 was $1,753,000 (or $0.79 per share Basic and $0.76 Diluted) on revenues of $38,587,000 as compared to net income for the same period of 2015 of $4,597,000 (or $2.11 per share Basic and $2.03 Diluted) on revenues of $36,729,000 which included a previously disclosed insurance settlement related to an arbitration award. Excluding the non-recurring items, the Company's adjusted net income increased approximately 6% from $1,660,000 for the twelve-month period ended December 31, 2015 to $1,753,000 for the same period of 2016. Gross profit for 2016 was $10.0 million, or 26.0% of revenue, compared with $9.1 million, or 24.7% of revenue for 2015.  The increase in gross profit in dollars and as a percentage of revenue is primarily due to the mix of product sold as well as the realization of certain expected operational efficiencies attributable to increased production volumes for in-house and outsourced operations.  Operating income for 2016 was $2.5 million, or 6.6% of revenue, compared to $2.2 million, or 6.0% of revenue for 2015.

  • PR Newswire10 months ago

    Servotronics, Inc. Announces Appointment Of Lisa Bencel As Chief Financial Officer

    ELMA, N.Y., Jan. 16, 2017 /PRNewswire/ -- Servotronics, Inc. (NYSE MKT: SVT), a designer and manufacturer of servo-control components and other advanced technology products, announces the hiring of industry veteran Lisa Bencel as Chief Financial Officer.  Ms. Bencel brings over 35 years of accounting and financial leadership experience in the defense and aerospace industry as well as other major manufacturing and technology companies.