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 research note issued to investors on Friday. The brokerage issued a buy rating on the stock.

SIFCO Industries Price Performance

Shares of SIF stock opened at $3.10 on Friday. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.72 and a current ratio of 0.98. The firm’s 50-day moving average is $3.21 and its 200-day moving average is $3.24. The stock has a market cap of $19.19 million, a price-to-earnings ratio of -2.11 and a beta of 1.16. SIFCO Industries has a 52-week low of $2.34 and a 52-week high of $4.95.

SIFCO Industries (NYSE:SIF) last announced its quarterly earnings results on Thursday, May 9th. The company reported ($0.26) EPS for the quarter. SIFCO Industries had a negative net margin of 9.30% and a negative return on equity of 26.65%. The company had revenue of $26.54 million during the quarter.

SIFCO Industries Company Profile

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.