universal stainless & alloy products, inc., together with its subsidiaries, manufactures and markets semi-finished and finished specialty steel products in the united states and internationally. its products include stainless steel, nickel alloys, tool steel, and various other alloyed steels. the company offers semi-finished and finished long products in the form of ingots, blooms, billets, and bars; flat rolled products, such as slabs and plates; and customized shapes primarily for original equipment manufacturers (oems), which are cold rolled from purchased coiled strip, flat bar, or extruded bar. its semi-finished long products are primarily used to produce finished bars and rods; and finished bar products that are principally used by oems and by service center customers for distribution to various end users. the company also offers conversion services on materials supplied by its customers. its products are also used in aerospace, power generation, oil and gas, heavy equipment, gen
Company profile
Ticker
USAP
Exchange
Website
CEO
Dennis Oates
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
Dunkirk Specialty Steel, LLC • North Jackson Specialty Steel, LLC ...
IRS number
251724540
USAP stock data
Latest filings (excl ownership)
SD
Conflict minerals disclosure
24 May 24
8-K
Submission of Matters to a Vote of Security Holders
14 May 24
10-Q
2024 Q1
Quarterly report
1 May 24
8-K
Universal Stainless Reports Near-Record Sales and Profitability in First Quarter of 2024
1 May 24
DEF 14A
Definitive proxy
10 Apr 24
ARS
2023 FY
Annual report to shareholders
10 Apr 24
10-K
2023 FY
Annual report
29 Mar 24
8-K
Results of Operations and Financial Condition
28 Mar 24
NT 10-K
Notice of late annual filing
15 Mar 24
8-K
Departure of Directors or Certain Officers
6 Feb 24
Transcripts
USAP
Earnings call transcript
2024 Q1
1 May 24
USAP
Earnings call transcript
2023 Q4
28 Mar 24
USAP
Earnings call transcript
2023 Q3
25 Oct 23
USAP
Earnings call transcript
2023 Q2
26 Jul 23
USAP
Earnings call transcript
2023 Q1
26 Apr 23
USAP
Earnings call transcript
2022 Q4
25 Jan 23
USAP
Earnings call transcript
2022 Q3
26 Oct 22
USAP
Earnings call transcript
2022 Q2
30 Jul 22
USAP
Earnings call transcript
2022 Q1
20 Apr 22
USAP
Earnings call transcript
2021 Q4
26 Jan 22
Latest ownership filings
Financial summary
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Diluted EPS |
Annual (USD) | Dec 23 | Dec 22 | Dec 21 | Dec 20 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 866.00 k | 866.00 k | 866.00 k | 866.00 k | 866.00 k | 866.00 k |
Cash burn (monthly) | (no burn) | 53.67 k | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | n/a | 141.65 k | n/a | n/a | n/a | n/a |
Cash remaining | n/a | 724.35 k | n/a | n/a | n/a | n/a |
Runway (months of cash) | n/a | 13.5 | n/a | n/a | n/a | n/a |
Institutional ownership, Q4 2023
7.1% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 2 |
Opened positions | 0 |
Closed positions | 58 |
Increased positions | 0 |
Reduced positions | 0 |
13F shares | Current |
---|---|
Total value | 5.20 mm |
Total shares | 652.95 k |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Privet Fund | 436.26 k | $3.58 mm |
RBC Global Asset Management | 216.69 k | $1.62 mm |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
31 May 24 | Christopher L Ayers | Common Stock | Payment of exercise | Dispose F | No | No | 33.63 | 2,241 | 75.36 k | 48,131 |
31 May 24 | Christopher L Ayers | Common Stock | Option exercise | Acquire M | No | No | 0 | 2,500 | 0.00 | 50,372 |
31 May 24 | M. David Kornblatt | Common Stock | Payment of exercise | Dispose F | No | No | 33.63 | 2,241 | 75.36 k | 50,131 |
31 May 24 | M. David Kornblatt | Common Stock | Option exercise | Acquire M | No | No | 0 | 2,500 | 0.00 | 52,372 |
31 May 24 | Udi Toledano | Common Stock | Payment of exercise | Dispose F | No | No | 33.63 | 2,241 | 75.36 k | 93,957 |
31 May 24 | Udi Toledano | Common Stock | Option exercise | Acquire M | No | No | 0 | 2,500 | 0.00 | 96,198 |
31 May 24 | Udi Toledano | Stock Option Common Stock | Option exercise | Acquire M | No | No | 30.14 | 2,500 | 75.35 k | 0 |
31 May 24 | Christopher L Ayers | Stock Option Common Stock | Option exercise | Acquire M | No | No | 30.14 | 2,500 | 75.35 k | 0 |
31 May 24 | M. David Kornblatt | Stock Option Common Stock | Option exercise | Acquire M | No | No | 30.14 | 2,500 | 75.35 k | 0 |
News
Keybanc Maintains Overweight on Universal Stainless, Raises Price Target to $36
28 May 24
Top 3 Materials Stocks You May Want To Dump In May
14 May 24
IperionX Partners With Vegas Fastener; Universal Stainless Hits Record Margins; Century Aluminum's Sales Downturn And More: Wednesday's Top Mining Stories
1 May 24
Universal Stainless Q1 2024 GAAP EPS $0.43 Beats $0.32 Estimate, Sales $77.637M Miss $79.125M Estimate
1 May 24
Keybanc Maintains Overweight on Universal Stainless, Raises Price Target to $30
22 Apr 24
Press releases
Universal Stainless Reports Near-Record Sales and Profitability in First Quarter of 2024
1 May 24
Universal Stainless Reports Record Sales; Full Year 2023 Net Income Highest Since 2018
28 Mar 24
Universal Stainless to Webcast Fourth Quarter and Full Year 2023 Results Conference Call on March 28th
27 Mar 24