synalloy corporation operates chemical factories in cleveland, tn and fountain inn, sc near greenville. the facilities offer similar capabilities, each providing back up of critical production processes for the other. the two factories comprise over 300,000 square feet, plus additional off campus warehousing. synalloy produces chemical intermediates that are sold to chemical distributors and formulators, and offers an extensive array of contract manufacturing services. each site has its’ own laboratories to allow the fastest lab development projects in the business. synalloy serves the chemical industry and only solicits direct sales in carefully defined markets. synalloy’s cleveland and fountain inn facilities use common managers, procurement, technical team, engineering, logistics, and sales and marketing. sharing these supporting services controls overhead costs while keeping synalloy’s vision and values consistent.
Company profile
Ticker
ACNT
Exchange
Website
CEO
craig Bram
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
SYNALLOY CORP
SEC CIK
Corporate docs
Subsidiaries
Synalloy Metals, Inc. • Bristol Metals, LLC • Manufacturers Soap and Chemicals Company • Manufacturers Chemicals, LLC • Synalloy Fabrication, LLC • Palmer of Texas Tanks, LLC. • CRI Tolling, LLC • American Stainless Tubing, LLC • DanChem Technologies, Inc. ...
IRS number
570426694
ACNT stock data
Latest filings (excl ownership)
10-K
2023 FY
Annual report
1 Apr 24
8-K
Ascent Industries Reports Fourth Quarter and Full Year 2023 Results
28 Mar 24
NT 10-K
Notice of late annual filing
18 Mar 24
8-K
Departure of Directors or Certain Officers
15 Feb 24
8-K
Ascent Industries Announces Sale of Specialty Pipe & Tube for $55 Million
29 Dec 23
8-K
Other Events
19 Dec 23
10-Q
2023 Q3
Quarterly report
8 Nov 23
8-K
Ascent Industries Reports Third Quarter 2023 Results
8 Nov 23
8-K
Other Events
25 Sep 23
10-Q
2023 Q2
Quarterly report
8 Aug 23
Transcripts
ACNT
Earnings call transcript
2023 Q4
28 Mar 24
ACNT
Earnings call transcript
2023 Q3
8 Nov 23
ACNT
Earnings call transcript
2023 Q2
8 Aug 23
ACNT
Earnings call transcript
2023 Q1
9 May 23
ACNT
Earnings call transcript
2022 Q4
31 Mar 23
ACNT
Earnings call transcript
2022 Q3
8 Nov 22
ACNT
Earnings call transcript
2022 Q2
13 Aug 22
ACNT
Earnings call transcript
2022 Q2
9 Aug 22
ACNT
Earnings call transcript
2022 Q1
13 May 22
ACNT
Earnings call transcript
2022 Q1
10 May 22
Latest ownership filings
4
Christopher Gerald Hutter
21 Mar 24
4
Ryan Kavalauskas
15 Feb 24
4
John Bryan Kitchen
15 Feb 24
3
Ryan Kavalauskas
15 Feb 24
3
John Bryan Kitchen
15 Feb 24
SC 13G/A
Mink Brook Partners LP
14 Feb 24
4
Henry L Guy
28 Jun 23
4
John P. Schauerman
20 Jun 23
4
Benjamin L Rosenzweig
20 Jun 23
4
Aldo John Mazzaferro Jr
20 Jun 23
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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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) | 730.00 k | 730.00 k | 730.00 k | 730.00 k | 730.00 k | 730.00 k |
Cash burn (monthly) | (no burn) | (no burn) | 4.58 mm | 2.93 mm | (no burn) | (no burn) |
Cash used (since last report) | n/a | n/a | 31.19 mm | 19.95 mm | n/a | n/a |
Cash remaining | n/a | n/a | -30.46 mm | -19.22 mm | n/a | n/a |
Runway (months of cash) | n/a | n/a | -6.7 | -6.6 | n/a | n/a |
Institutional ownership, Q3 2023
42.7% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 29 |
Opened positions | 2 |
Closed positions | 5 |
Increased positions | 6 |
Reduced positions | 9 |
13F shares | Current |
---|---|
Total value | 15.87 bn |
Total shares | 4.33 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Privet Fund | 1.85 mm | $27.70 mm |
Mink Brook Capital | 517.32 k | $0.00 |
Dimensional Fund Advisors | 426.60 k | $3.78 bn |
WFC Wells Fargo & Co. | 270.66 k | $2.40 bn |
Vanguard | 237.26 k | $2.10 bn |
BLK Blackrock | 149.85 k | $1.33 bn |
Bridgeway Capital Management | 143.32 k | $1.27 bn |
Boothbay Fund Management | 140.28 k | $1.24 bn |
Renaissance Technologies | 109.60 k | $972.00 k |
Geode Capital Management | 85.13 k | $755.34 mm |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
10 Feb 24 | Christopher Gerald Hutter | Common Stock | Grant | Acquire A | No | No | 9.74 | 3,432 | 33.43 k | 218,600 |
20 Jun 23 | John Robert Zuppo III | Common Stock | Sell | Dispose S | No | No | 9.28 | 957 | 8.88 k | 3,503 |
13 Jun 23 | Aldo John Mazzaferro Jr | Common Stock | Grant | Acquire A | No | No | 10.025 | 2,993 | 30.00 k | 10,305 |
13 Jun 23 | Rosenzweig Benjamin L | Common Stock | Grant | Acquire A | No | No | 10.025 | 11,471 | 115.00 k | 86,855 |
13 Jun 23 | Schauerman John P. | Common Stock | Grant | Acquire A | No | No | 10.025 | 9,975 | 100.00 k | 88,717 |
News
Proxy Advisors Recommend Sale Of US Steel; Ascent Reports Financial Results; Materion Expects 10% Sales Decline And More: Monday's Top Mining Stories
1 Apr 24
Ascent Industries: Q4 Earnings Insights
28 Mar 24
Ascent Industries Q4 2023 GAAP EPS $(0.73), Sales $41.216M Miss $63.500M Estimate
28 Mar 24
Earnings Scheduled For March 28, 2024
28 Mar 24
Earnings Outlook For Ascent Industries
27 Mar 24