Synalloy Corp (SYNL) Scheduled to Post Quarterly Earnings on Monday
Synalloy Corp (NASDAQ:SYNL) will be announcing its Q313 earnings results on Monday, October 21st. Analysts expect the company to announce earnings of $0.41 per share and revenue of $70.00 million for the quarter.
Synalloy Corp (NASDAQ:SYNL) opened at 16.59 on Friday. Synalloy Corp has a one year low of $12.26 and a one year high of $17.38. The stock has a 50-day moving average of $16.22 and a 200-day moving average of $15.21. The company has a market cap of $105.9 million and a price-to-earnings ratio of 20.18.
A number of research firms have recently commented on SYNL. Analysts at Sterne Agee initiated coverage on shares of Synalloy Corp in a research note to investors on Thursday. They set a “buy” rating and a $22.00 price target on the stock. On the ratings front, analysts at Stifel Nicolaus initiated coverage on shares of Synalloy Corp in a research note to investors on Wednesday. They set a “buy” rating on the stock. Finally, analysts at BB&T Corp. initiated coverage on shares of Synalloy Corp in a research note to investors on Thursday, October 10th. They set a “buy” rating and a $23.00 price target on the stock. One investment analyst has rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average target price of $22.50.
Synalloy Corporation operates in two segments: the Metals Segment and the Specialty Chemicals Segment.
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