From what 0 stock analysts predict, the share price for Alpha Pro Tech Ltd (APT) might decrease by 100% in the next year. This is based on a 12-month average estimation for APT. Price targets go from $ to $. The majority of stock analysts believe APT is a sell. Please note analyst price targets are not guaranteed and could be missed completely.
About 0 Wall Street analysts have assigned APT 0 buy ratings, 0 hold ratings, and 0 sell ratings. This means that analysts expect Alpha Pro Tech Ltd to perform worse than the market. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on APT. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of APT.
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When did it IPO
1999
Staff Count
124
Country
Canada
Sector/Industry
Industrials/Building Products & Equipment
CEO
Mr. Lloyd Hoffman
Market Cap
$59.2M
In 2023, APT generated $61.2M in revenue, which was a decrease of -1.21% from the previous year. This can be seen as a signal that APT's business is declining, and its share price could be worth less in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - Alpha Pro Tech reported Q3 2024 net sales of $14.3 million, down 11.2% YoY. Disposable Protective Apparel sales rose 18.4%, while Building Supply decreased 23.2%. Net income was $862,000. Cash reserves stand at $18.4 million.
Why It Matters - Sales decline signals potential challenges for Alpha Pro Tech, while growth in disposable apparel may offset some losses. Decreased net income raises concerns about profitability and future performance.
Summary - Alpha Pro Tech, Ltd. announced a $1.0 million expansion of its share repurchase program, as authorized by its Board of Directors.
Why It Matters - Alpha Pro Tech's $1 million share repurchase signals confidence in its financial health and can boost share value by reducing supply, benefiting existing shareholders.
Summary - For Q2 2024, net income rose to $1.6 million ($0.15/share), up 43.5% from $1.1 million ($0.10/share) in Q2 2023.
Why It Matters - The 43.5% increase in net income signals strong financial performance, enhancing investor confidence and potentially leading to stock price appreciation.
Summary - In Q1 2024, total sales fell 2.3% to $13.5 million, with building supply sales down 4.5% to $8.2 million. However, housewrap and accessory sales rose by 24.3%.
Why It Matters - Total sales decline signals potential weakness in overall demand, while strong growth in housewrap and accessories suggests a shift in product preference, impacting future revenue strategies.
Summary - Alpha Pro Tech, Ltd. (NYSE American: APT) has authorized a $2.0 million expansion of its share repurchase program, strengthening its capital management strategy.
Why It Matters - Alpha Pro Tech's $2 million share repurchase signals confidence in its value and may boost share price, reflecting positive outlook and commitment to returning capital to shareholders.
Summary - Fourth quarter sales rose 24.9% to $15.3 million, up from $12.2 million in the same period last year.
Why It Matters - A 24.9% increase in fourth-quarter sales signals strong growth, potentially boosting investor confidence and impacting stock prices positively.