Universal Stainless & AlloyUSAP
Market Cap: $323M
About: Universal Stainless & Alloy Products Inc manufactures and markets semi-finished and finished specialty steel products, including stainless steel, nickel alloys, tool steel, and certain other alloyed steels. The company along with its subsidiaries involves melting, remelting, heat treating, hot and cold rolling, forging, machining and cold drawing of semi-finished and finished specialty steels. Its products are sold to service centers, forgers, rerollers, and original equipment manufacturers.
Employees: 678
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
133% more first-time investments, than exits
New positions opened: 35 | Existing positions closed: 15
26% more funds holding
Funds holding: 78 [Q1] → 98 (+20) [Q2]
15% more capital invested
Capital invested by funds: $141M [Q1] → $162M (+$20.7M) [Q2]
0% more funds holding in top 10
Funds holding in top 10: 1 [Q1] → 1 (+0) [Q2]
7% less repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 30
4.96% less ownership
Funds ownership: 69.24% [Q1] → 64.28% (-4.96%) [Q2]
88% less call options, than puts
Call options by funds: $13K | Put options by funds: $106K
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
Keybanc Philip Gibbs 64% 1-year accuracy 21 / 33 met price target | 32%upside $46 | Overweight Maintained | 1 Aug 2024 |