Analyzing Colfax Corporation (CFX) & Ampco-Pittsburgh Corporation (AP)
Colfax Corporation (NYSE: CFX) and Ampco-Pittsburgh Corporation (NYSE:AP) are both industrial products companies, but which is the better stock? We will compare the two businesses based on the strength of their risk, earnings, valuation, profitabiliy, dividends, institutional ownership and analyst recommendations.
Earnings and Valuation
This table compares Colfax Corporation and Ampco-Pittsburgh Corporation’s revenue, earnings per share and valuation.
|Gross Revenue||Price/Sales Ratio||EBITDA||Earnings Per Share||Price/Earnings Ratio|
|Colfax Corporation||$3.62 billion||1.41||$446.48 million||$1.28||32.40|
|Ampco-Pittsburgh Corporation||$371.80 million||0.44||$3.04 million||($6.31)||-2.12|
Colfax Corporation has higher revenue and earnings than Ampco-Pittsburgh Corporation. Ampco-Pittsburgh Corporation is trading at a lower price-to-earnings ratio than Colfax Corporation, indicating that it is currently the more affordable of the two stocks.
This table compares Colfax Corporation and Ampco-Pittsburgh Corporation’s net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
Institutional & Insider Ownership
77.3% of Colfax Corporation shares are held by institutional investors. Comparatively, 56.5% of Ampco-Pittsburgh Corporation shares are held by institutional investors. 10.6% of Colfax Corporation shares are held by insiders. Comparatively, 29.9% of Ampco-Pittsburgh Corporation shares are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.
Volatility & Risk
Colfax Corporation has a beta of 1.37, suggesting that its share price is 37% more volatile than the S&P 500. Comparatively, Ampco-Pittsburgh Corporation has a beta of 1.55, suggesting that its share price is 55% more volatile than the S&P 500.
This is a summary of recent ratings and price targets for Colfax Corporation and Ampco-Pittsburgh Corporation, as provided by MarketBeat.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
Colfax Corporation currently has a consensus target price of $46.00, suggesting a potential upside of 10.92%. Ampco-Pittsburgh Corporation has a consensus target price of $16.00, suggesting a potential upside of 19.40%. Given Ampco-Pittsburgh Corporation’s higher probable upside, analysts plainly believe Ampco-Pittsburgh Corporation is more favorable than Colfax Corporation.
Ampco-Pittsburgh Corporation pays an annual dividend of $0.36 per share and has a dividend yield of 2.7%. Colfax Corporation does not pay a dividend. Ampco-Pittsburgh Corporation pays out -5.7% of its earnings in the form of a dividend.
Colfax Corporation beats Ampco-Pittsburgh Corporation on 10 of the 15 factors compared between the two stocks.
About Colfax Corporation
Colfax Corporation is an industrial manufacturing and engineering company. The Company provides gas and fluid handling and fabrication technology products and services to customers around the world. The Company’s segments include Gas and Fluid Handling, and Fabrication Technology. The Gas and Fluid Handling segment supplies a range of gas and fluid handling products, including heavy-duty centrifugal and axial fans, rotary heat exchangers, gas compressors, pumps and certain related products, as well as aftermarket and lubrication-related services, which serves customers in the power generation, oil, gas and petrochemical, mining, marine (including defense) and general industrial and other end markets. The Fabrication Technology segment supplies welding equipment and consumables, cutting equipment and consumables, and automated welding and cutting systems. It formulates, develops, manufactures and supplies consumable products and equipment.
About Ampco-Pittsburgh Corporation
Ampco-Pittsburgh Corporation is engaged in manufacturing and selling specialty metal products and customized equipment utilized by industry throughout the world. The Company operates through two segments: the Forged and Cast Engineered Products segment, and the Air and Liquid Processing segment. The Forged and Cast Engineered Products segment consists of Union Electric Steel Corporation (Union Electric Steel or UES) and Union Electric Steel UK Limited (UES-UK). The Air and Liquid Processing segment includes Aerofin, Buffalo Air Handling and Buffalo Pumps, all divisions of Air & Liquid Systems Corporation (Air and Liquid), a subsidiary of the Company. Union Electric Steel produces ingot and forged products that service a range of industries across the globe. UES-UK produces cast rolls for hot and cold strip mills, medium/heavy section mills and plate mills in a range of iron and steel qualities.
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