Media headlines about Universal Stainless & Alloy Products (NASDAQ:USAP) have trended positive on Friday, according to Accern Sentiment Analysis. The research group rates the sentiment of media coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Universal Stainless & Alloy Products earned a daily sentiment score of 0.31 on Accern’s scale. Accern also assigned news stories about the basic materials company an impact score of 45.8745098168456 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
Universal Stainless & Alloy Products (NASDAQ:USAP) last announced its earnings results on Wednesday, July 26th. The basic materials company reported $0.17 earnings per share for the quarter, beating the consensus estimate of $0.11 by $0.06. The business had revenue of $52.60 million during the quarter, compared to the consensus estimate of $50.26 million. Universal Stainless & Alloy Products had a negative net margin of 1.20% and a negative return on equity of 0.91%. Universal Stainless & Alloy Products’s revenue for the quarter was up 28.3% compared to the same quarter last year.
A number of equities research analysts have recently weighed in on the stock. Zacks Investment Research lowered shares of Universal Stainless & Alloy Products from a “buy” rating to a “hold” rating in a report on Tuesday, September 26th. KeyCorp restated a “hold” rating on shares of Universal Stainless & Alloy Products in a report on Friday, September 1st.
COPYRIGHT VIOLATION NOTICE: “Universal Stainless & Alloy Products (USAP) Earns Media Sentiment Rating of 0.31” was first published by Ticker Report and is the property of of Ticker Report. If you are accessing this story on another site, it was stolen and reposted in violation of US & international trademark and copyright law. The original version of this story can be read at https://www.tickerreport.com/banking-finance/2958065/universal-stainless-alloy-products-usap-earns-media-sentiment-rating-of-0-31.html.
About Universal Stainless & Alloy Products
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’s manufacturing process involves melting, remelting, heat treating, hot and cold rolling, forging, machining and cold drawing of semi-finished and finished specialty steels.
Receive News & Ratings for Universal Stainless & Alloy Products Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Universal Stainless & Alloy Products Inc. and related companies with MarketBeat.com's FREE daily email newsletter.