SCI Engineered Materials, Inc. (SCIA) May 2024 Earnings Report
SCI Engineered Materials, Inc. (SCIA): Investment Report
Overview
SCI Engineered Materials, Inc. is a leading manufacturer and supplier of materials for physical vapor deposition thin film applications. With a strong presence in the technology sector, particularly in the semiconductor equipment and materials industry, SCI Engineered Materials has established itself as a reliable partner for top-tier companies, universities, and research institutions. As we delve into the company's financial performance, growth prospects, and recent news, this report aims to provide a comprehensive overview of SCIA's investment potential.
Core Metrics
- Current price: $5.175
- 52-week high: $5.65
- 52-week low: $3.59
- Market Cap: $23.49 million
- P/E Ratio: 10.781251
- Earnings per Share: $0.48
- 50-day average: $5.3014
- 200-day average: $4.78725
- Analyst Recommendations: None (no recommendations from analysts)
Financial Performance
SCI Engineered Materials has demonstrated steady revenue growth, with a rate of 0.208. The company's gross margins stand at 0.18767, and EBITDA margins are at 0.10592. With a total cash balance of $6,739,994 and an operating cash flow of $2,281,279, the company appears to have a solid financial foundation. The EBITDA figure of $2,964,038 is also a positive indicator.
Growth Prospects
The company's position in the growing semiconductor equipment and materials industry, coupled with its established relationships with prominent corporations, universities, and research institutions, provides a solid foundation for long-term growth. SCI Engineered Materials' focus on supplying high-quality materials for advanced material systems and decorative coatings also positions it for future success.
News and Updates
Recent news articles do not appear to have a direct impact on SCI Engineered Materials' stock price. However, the article from Yahoo Finance, "SCI Engineered Materials, Inc. (SCIA)", suggests that investor sentiment and stock portfolio shifts may be worth monitoring.
Upgrades and Downgrades
There have been no recent upgrades or downgrades from analysts.
Summary
In conclusion, SCI Engineered Materials, Inc. presents an attractive investment opportunity, given its strong financial performance, solid market position, and growth prospects. While the lack of analyst recommendations and recent news impacting the stock price may be concerning, the company's established presence in the industry and steady revenue growth provide a solid foundation for investors. As with any investment, it is essential to conduct thorough research and consider multiple perspectives before making a decision.