Synalloy Corporation (NASDAQ:SYNL) To Release Earnings
Analysts await Synalloy Corporation (NASDAQ:SYNL) to report earnings on May, 09 for the fiscal quarter ending Mar 2016.
They expect $-0.09 EPS, down 477.78% or $0.43 from last year’s $0.34 per share.
At the moment 1 analyst is watching Synalloy Corporation (NASDAQ:SYNL), 1 rate it “Buy”, 0 “Outperform”, 0 “Underperform”, 0 “Sell”, while 0 “Hold”.
Looking forward, for the quarter ending Jun-16, 1 analyst has a mean sales target of 38.50 million. For the quarter ending Sep-16, 1 analyst has a mean sales target of 41.90 million whilst for the year ending Dec-16, 1 analyst has a mean target of 159.50 million.
In terms of earnings per share, 1 analyst has a -0.01 EPS mean target for the quarter ending Jun-16, for the quarter ending Sep-16, 1 analyst has a 0.07 EPS mean target and for the quarter ending Sep-16 there are 1 estimate of 0.04 EPS.
The biggest institutional shareholders in Synalloy Corporation include Markel Corporation which owns 785 K million shares in the company valued at $11.86 million. Markel Gayner Asset Management Corp is the second biggest holder with 785 K million shares currently valued at 5.40 million whilst Royce & Associates, LLC has 563 K million shares valued at 3.88 million.
Total shares held by institutions as of the most recent company filings are 5,598,284 with a reported 213,471 bought and 164,410 sold. These holdings make up 64.81% of the company’s outstanding shares.
Currently insiders hold 757,970 shares in the business which makes up 8.77% of shares. The biggest holder currently is Ralph Matera who owns 141,040 shares (1.63% of those outstanding), whilst Craig C. Bram holds 118,500 (1.37% of shares outstanding) and James G. Lane,Jr holds 101,253 (1.17% of shares outstanding).
The stock increased 1.335% or $0.103 during the last trading session, hitting $14.360. Synalloy Corporation (NASDAQ:SYNL) has risen 40.53% over the past 6 months and is uptrending.

