SIFCO Industries (NYSE:SIF) Earns Buy Rating from Analysts at StockNews.com

StockNews.com initiated coverage on shares of SIFCO Industries (NYSE:SIF) in a report published on Friday. The firm issued a buy rating on the stock.

SIFCO Industries Stock Performance

Shares of NYSE SIF opened at $5.13 on Friday. SIFCO Industries has a 12-month low of $2.82 and a 12-month high of $5.21. The company has a market cap of $31.70 million, a PE ratio of -3.49 and a beta of 1.16. The stock has a 50 day simple moving average of $3.43 and a 200-day simple moving average of $3.26. The company has a current ratio of 0.99, a quick ratio of 0.75 and a debt-to-equity ratio of 0.12.

SIFCO Industries (NYSE:SIF) last announced its quarterly earnings results on Monday, August 12th. The company reported $0.01 earnings per share (EPS) for the quarter. SIFCO Industries had a negative return on equity of 25.72% and a negative net margin of 7.92%. The company had revenue of $29.26 million during the quarter.

About SIFCO Industries

SIFCO Industries, Inc, together with its subsidiaries, produces and sells forgings and machined components primarily for the aerospace and energy markets in North America and Europe. The company’s processes and services include forging, heat-treating, chemical processing, and machining. It also offers original equipment manufacturer and aftermarket components for aircraft and industrial gas turbine engines; steam turbine blades; structural airframe components; aircraft landing gear components; aircraft wheels and brakes; rotating components for helicopters; and commercial/industrial products.