AHPI stock: buy or sell?
October 16th, 2019
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.
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
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
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.
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 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 targetNobody 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 ShareAfter 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.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsCompared 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%.
|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||$36 M||1.38%||$-2.30 M-6.4%||29.68%|
|2017||$34 M||-6.79%||$-2.09 M-6.2%||-9.38%|
|2018||$34 M||0.74%||$-2.19 M-6.5%||4.96%|
|TTM||$33 M||-3.67%||$-3.06 M-9.4%||39.51%|
Quarterly financial resultsAllied 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%.
|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||$9 M||10.41%||$-0.38 M-4.4%||-50.38%|
|2018-Q1||$8 M||-2.89%||$-0.90 M-10.6%||136.68%|
|2018-Q2||$9 M||2.49%||$-0.14 M-1.7%||-84.11%|
|2018-Q3||$7 M||-16.23%||$-1.23 M-17.0%||762.11%|
|2018-Q4||$8 M||11.53%||$-0.78 M-9.6%||-36.87%|
Allied Healthcare Products ownershipWhen 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:
|Market cap||$5.6 M||$15.1 B||$7.8 M||$57.9 M||$78.2 B|
|Total shares||4.0 M||292.4 M||8.7 M||8.5 M||8,730.0 M|
|Float shares||3.4 M||297.7 M||3.4 M||6.6 M||8,710.0 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 selling||0.0%||0.0%||0.0%||0.0%||0.0%|
|Wednesday, October 16th, 2019|
|Day range||$1.28 - $1.44|
|Average true range||$0.07|
|50d mov avg||$1.55|
|100d mov avg||$1.65|
|200d mov avg||$1.79|
Allied Healthcare Products performancePerformance 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:
|TMOThermo Fisher Sci...||-2.84%||8.47%||24.23%|