Universal Stainless & Alloy Products (NASDAQ: USAP) posted its quarterly earnings results on Wednesday. The company reported $0.45 EPS for the quarter, meeting the Thomson Reuters consensus estimate of $0.45. The company’s quarterly revenue was down 7.4% on a year-over-year basis.
On the ratings front, analysts at Topeka Capital initiated coverage on shares of Universal Stainless & Alloy Products in a research note to investors on Wednesday, September 26th. They set a “buy” rating and a $48.00 price target on the stock.
Shares of Universal Stainless & Alloy Products (USAP) opened at 34.79 on Wednesday. Universal Stainless & Alloy Products (USAP) has a one year low of $29.83 and a one year high of $48.10. The company has a market cap of $239.2 million and a P/E ratio of 13.31.
Universal Stainless & Alloy Products, Inc. manufactures and markets semi-finished and finished specialty steel products, including stainless steel, tool steel and certain other alloyed steels together with its wholly owned subsidiaries.
On the ratings front, analysts at Topeka Capital initiated coverage on shares of Universal Stainless & Alloy Products in a research note to investors on Wednesday, September 26th. They set a “buy” rating and a $48.00 price target on the stock.
Shares of Universal Stainless & Alloy Products (USAP) opened at 34.79 on Wednesday. Universal Stainless & Alloy Products (USAP) has a one year low of $29.83 and a one year high of $48.10. The company has a market cap of $239.2 million and a P/E ratio of 13.31.
Universal Stainless & Alloy Products, Inc. manufactures and markets semi-finished and finished specialty steel products, including stainless steel, tool steel and certain other alloyed steels together with its wholly owned subsidiaries.
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