AHPI stock: buy or sell?

AHPI stock price: $1.39 8.59% At close on October 16th, 2019

Updated on:
October 16th, 2019

0

After sliding a hair-raising -5.47% on Monday, Allied Healthcare Products closed on Wednesday at $1.39 and climbed an extraordinary 8.59%.

Allied Healthcare Products, Inc. manufactures and markets respiratory products for use in the health care industry in a range of hospitals and alternate site settings worldwide.

Should I buy AHPI stock?

Trading stocks requires experience and discipline, and your buying and selling decisions must come following a methodology. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best moment to buy them. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.

Currently, Allied Healthcare Products stock doesn't match any of these trading strategies, so our recommendation is not to buy.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This doesn't mean AHPI will slide in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems.

Is Allied Healthcare Products stock a buy?

Financial institutions and banks post stock ratings everyday. Unfortunately, we couldn't detect any rating for AHPI stock for the last month.

AHPI stock analysis

Daily outlook

After sliding a hair-raising -5.47% on Monday, Allied Healthcare Products closed on Wednesday at $1.39 and climbed an extraordinary 8.59%.

After sliding a hair-raising -5.47% on Monday, Allied Healthcare Products closed on Wednesday at $1.39 and climbed an extraordinary 8.59%. AHPI marked a lower low and a lower high in the short term, defining a downward trend. Climbing above $1.51 would break this short term down trend and open possibilities for reversing this situation.

AHPI stock chart (daily)

Weekly outlook

Allied Healthcare Products closed this week at $1.39 and rose an excellent 2.96%. By mid September AHPI plunged a spooky -12.60% in just one week. Late September AHPI climbed an amazing 8.63% in just one week.

Since early July, when AHPI stock price broke down the 40-weeks moving avarage line, it slid $-0.49 per share (-26.06%). Stocks under the 40w moving average line are usually not recommended for average traders.

AHPI stock chart (weekly)

AHPI stock price history

AHPI IPO was on January 14th, 1992 at $16.80 per share1. Since then, AHPI stock sliced a -91.70%, with a yearly average of -3.40%.

1: Adjusted price after possible price splits or reverse-splits.

AHPI stock historical price chart

AHPI stock reached 52-week highs at $2.87, and all-time highs 1995-11-08 with a price of 38.32.

AHPI stock price target

Nobody can reliably foresee how stock prices may evolve in the future. However, financial institutions invest time and resources to provide the most accurated estimations to help investors to make their decisions. We do not recommend to follow these stock price predictions without a critical thinking from your side, as their accuracy is usually low. For the last month we have not found any price prediction for Allied Healthcare Products stock by any trusted analyst.

Financials and fundamental analysis

Earnings date and Earnings per Share

After presenting its last earnings report on April, Allied Healthcare Products plunged a dreadful -21.47%. As soon as we get its posted EPS from the earnings report, we will update this review.
AHPI earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q1-n/a-0.1n/a
2017-Q2-n/a-0.12n/a
2017-Q3-n/a-0.19n/a
2017-Q42018-04-03n/an/an/a
2018-Q12018-05-15n/a-0.22n/a
2018-Q22018-09-28n/a-0.04n/a
2018-Q32018-11-14n/a-0.31n/a
2018-Q42019-04-03n/an/an/a
2019-Q1-n/an/an/a
2019-Q2-n/an/an/a

Annual financial results

Compared to 2017, last anual turnover report draw a slightly good move of 0.74% to $33.76 million dollars. In the same way, its earnings margin (compared to sales) stayed steady to -6.49%, that is $-2.19 million.

To have an updated picture of the financial situation of Allied Healthcare Products, we have calculated the trailing twelve month (TTM) sales and income figures. TTM values are the sum of the last 4 quarters and aproximate to an annual fiscal report ending in 2018-Q4 that can be compared to 2018 fiscal year results. Annual Allied Healthcare Products TTM sales up to December 2018 were $32.52 and income was $-3.06 M dollars. When comparing this TTM figures with the last reported annuality, we can esteem Allied Healthcare Products business evolution since June 2018: Annual sales up to December, compared to lastest yearly report, declined an ugly -3.67%. Similarly, profit margin (net income/sales) depreciated at -6.49%.

AHPI annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$39 M-$-1.26 M-3.3%-
2014$36 M-5.65%$-2.81 M-7.7%123.02%
2015$35 M-2.50%$-1.78 M-5.0%-36.75%
2016$36 M1.38%$-2.30 M-6.4%29.68%
2017$34 M-6.79%$-2.09 M-6.2%-9.38%
2018$34 M0.74%$-2.19 M-6.5%4.96%
TTM $33 M-3.67%$-3.06 M-9.4%39.51%

Quarterly financial results

Allied Healthcare Products posted $8.11 M in sales for 2018-Q4, a 11.53% up compared to previous quarter. Reported quarter earnings marked $-0.78 M with a profit margin of -9.61%. Profit margin soared a 7.37% compared to previous quarter when profit margin was -16.98%. When comparing turnover to same quarter last year, Allied Healthcare Products sales marked a rough drop down and fell a -7.01%.
AHPI quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q1$9 M-$-0.40 M-4.7%-
2017-Q2$8 M-4.20%$-0.49 M-6.0%22.60%
2017-Q3$8 M-3.93%$-0.77 M-9.7%55.19%
2017-Q4$9 M10.41%$-0.38 M-4.4%-50.38%
2018-Q1$8 M-2.89%$-0.90 M-10.6%136.68%
2018-Q2$9 M2.49%$-0.14 M-1.7%-84.11%
2018-Q3$7 M-16.23%$-1.23 M-17.0%762.11%
2018-Q4$8 M11.53%$-0.78 M-9.6%-36.87%

Allied Healthcare Products ownership

When you are planning to buy shares of a company, it's always worth to overview its ownership structure.

Allied Healthcare Products shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 62.88% of all shares.

In case of Allied Healthcare Products stock, 11.25% of its shares are held by institutions (mutual funds, pension funds, big banks and other large financial institutions). Bearish positions for AHPI stock account 0.00%, no big difference from last month.

For a better understanding, the following table shows ownership data compared to other related companies:

AHPICAHDYNTELMDGE
Market cap$5.6 M$15.1 B$7.8 M$57.9 M$78.2 B
Total shares4.0 M292.4 M8.7 M8.5 M8,730.0 M
Float shares3.4 M297.7 M3.4 M6.6 M8,710.0 M
  - Institutional holdings (%)11.2%92.4%13.2%25.9%58.6%
  - Insider holdings (%)62.9%0.3%41.4%18.5%0.2%
Shares in short selling0.0%0.0%0.0%0.0%0.0%

AHPI summary

Wednesday, October 16th, 2019
Open$1.28
Close$1.39
Day range$1.28 - $1.44
Previous close$1.28
Session gain8.59%
Average true range$0.07
50d mov avg$1.55
100d mov avg$1.65
200d mov avg$1.79
Daily patternlb06a
Weekly pattern lb06a

Allied Healthcare Products performance

Performance as an absolute value is never valid if it's not benchmarked against competitors or related stocks in the industry. In the following table, we compare Allied Healthcare Products to Cardinal Health, Dynatronics, Electromed, General Electric, Inogen, Masimo, ResMed, Teleflex and Thermo Fisher Scientific:
Stock3m6m12m
AHPIAllied Healthcare...-19.19%-19.65%-36.82%
CAHCardinal Health15.72%14.38%0.98%
DYNTDynatronics-48.86%-56.94%-67.86%
ELMDElectromed29.00%20.18%2.70%
GEGeneral Electric-10.67%-3.97%-25.46%
INGNInogen-16.52%-37.76%-74.93%
MASIMasimo-3.60%20.74%27.51%
RMDResMed6.59%33.06%29.16%
TFXTeleflex-1.92%18.75%35.51%
TMOThermo Fisher Sci...-2.84%8.47%24.23%

Allied Healthcare Products competitors

One check before investing in any stock is to review a list of its competitors, in this case for Allied Healthcare Products. We selected 9 companies as Allied Healthcare Products competitors as they are in the same industry or have similar market objectives.