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

StockNews.com began coverage on shares of SIFCO Industries (NYSE:SIF) in a research note issued to investors on Tuesday. The brokerage issued a buy rating on the stock.

SIFCO Industries Stock Down 0.1 %

NYSE SIF opened at $4.42 on Tuesday. The stock’s 50 day simple moving average is $4.23 and its 200 day simple moving average is $3.55. SIFCO Industries has a one year low of $2.87 and a one year high of $5.96. The firm has a market cap of $27.36 million, a PE ratio of -3.01 and a beta of 1.20. The company has a debt-to-equity ratio of 0.12, a current ratio of 0.99 and a quick ratio of 0.75.

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