SCI Engineered Materials, Inc. (SCIA) May 2024 Earnings Report
SCI Engineered Materials, Inc.: Investment Report
Overview
SCI Engineered Materials, Inc. is a tech company operating in the semiconductor industry, providing materials for physical vapor deposition thin film applications. With a market capitalization of $24.92 million, SCIA is an attractive investment opportunity for those seeking exposure to the growing semiconductor industry. In this report, we will delve into the company's financial performance, growth prospects, and recent news to provide a comprehensive overview of the investment potential of SCIA.
Core Metrics
- Current price: $5.49
- 52-week high: $5.65
- 52-week low: $3.59
- Market Cap: $24.92 million
- P/E Ratio: 11.44
- Earnings per Share: $0.48
- 50-day average: $5.27
- 200-day average: $4.83
- Analyst Recommendations: None
Financial Performance
SCI Engineered Materials, Inc. has demonstrated stable revenue growth, with a revenue growth rate of 0.45. The company's gross margins stand at 0.17464, with an EBITDA margin of 0.09631. With a total cash balance of $5,965,327, the company has a solid foundation for future growth. The operating cash flow and free cash flow are $1,549,821 and $254,767, respectively, indicating a stable financial position.
Growth Prospects
The semiconductor industry is expected to continue growing, driven by increasing demand for advanced technologies. SCIA, as a supplier of materials for physical vapor deposition thin film applications, is well-positioned to benefit from this growth trend. The company's focus on research and development, combined with its solid financial position, puts it in a strong position to capitalize on emerging opportunities in the industry.
News and Updates
Recent news has been largely unrelated to the company's operations, with articles discussing a range of topics, including a meteor sighting in Italy and a minor earthquake in Salerno, Italy. However, SCIA has announced that it will host its 2024 Annual Awards Banquet, featuring an evening with Charlotte Bollinger.
Upgrades and Downgrades
There have been no recent upgrades or downgrades for SCIA.
Summary
In conclusion, SCI Engineered Materials, Inc. presents an attractive investment opportunity in the semiconductor industry. With a solid financial position, stable revenue growth, and a growing market, SCIA is well-positioned for future success. While analyst recommendations are currently lacking, the company's fundamental performance suggests a strong potential for long-term growth.
Disclosures
The information on this website should not be construed as or relied upon in any manner as investment, legal, tax, or other advice. You should consult your own advisers as to legal, business, tax, and other related matters concerning any investment. Any projections, estimates, forecasts, targets, prospects and/or opinions expressed in these materials are subject to change without notice and may differ or be contrary to opinions expressed by others. Any charts provided here or on other content distribution outlets are for informational purposes only, and should not be relied upon when making any investment decision. Under no circumstances should any information provided on this website or social media platforms be construed as an offer soliciting the purchase or sale of any security, nor should it be construed as an offer to provide investment advisory services.