Profile
Sector:
IndustrialsIndustry:
Building Products & EquipmentCountry:
CanadaIPO:
16 February 1999Website:
http://www.alphaprotech.comNext earnings report:
13 March 2025Last dividends:
N/ANext dividends:
N/APrice
after hours | Mon, 18 Nov 2024 22:05:00 GMTDividend
Analysts recommendations
Institutional Ownership
APT Latest News
Overall sales decreased by 11.2% to $14.3 million compared to $16.1 million for the third quarter of 2023 Disposable Protective Apparel segment sales increased by 18.4% to $5.5 million compared to $4.6 million for the prior year period Building Supply segment sales decreased by 23.2% to $8.8 million compared to a record $11.4 million for the third quarter of 2023 Net sales for the third quarter of 2024 were $14.3 million, down 11.2%, compared to $16.1 million for the third quarter of 2023 Building Supply segment sales decreased by $2.7 million, or 23.2%, to $8.8 million compared to a record $11.4 million for the three months ended September 30, 2023 Disposable Protective Apparel segment sales increased by 18.4% to $5.5 million, compared to $4.6 million for the same period of 2023 Net income for the third quarter of 2024 was $862,000, or $0.08 per diluted share, compared to $1.4 million, or $0.12 per diluted share, for the third quarter of 2023 Cash and cash equivalents of $18.4 million and working capital of $48.7 million with no debt, as of September 30, 2024 NOGALES, Ariz., Nov. 06, 2024 (GLOBE NEWSWIRE) -- Alpha Pro Tech, Ltd.
Meta has taken action against a small cluster of WhatsApp accounts linked to an Iranian hacking group, APT42, which was allegedly targeting officials associated with both President Joe Biden and former President Donald Trump.
Alpha Pro Tech is financially secure for the long term, due to accumulating large cash balances as a result of high demand for its products during the COVID pandemic. However, as well as falling demand for COVID related products, its Building Supply segment is now under pressure due a reduction in new building starts that is forecast to worsen. After due consideration, the previous Buy recommendation is now downgraded to Hold.
What type of business is Alpha Pro Tech?
Alpha Pro Tech, Ltd., together with its subsidiaries, develops, manufactures, and markets a range of disposable protective apparel, infection control, and building supply products in the United States and internationally. The company operates through Disposable Protective Apparel and Building Supply segments. The Disposable Protective Apparel segment provides shoe covers, bouffant caps, coveralls, frocks, lab coats, and gowns, hoods, as well as face masks and shields. The Building Supply segment offers construction weatherization products, such as housewrap and housewrap accessories, including window and door flashing, and seam tape, synthetic roof underlayment, and self-adhered roof underlayment, as well as other woven material. The company markets its products under the Alpha Pro Tech brand name, as well as under private labels. Its products are used primarily in cleanrooms; industrial safety manufacturing environments; health care facilities, such as hospitals, laboratories, and dental offices; building and re-roofing sites. The company distributes its products through a network of purchasing groups, distributors, and independent sales representatives, as well as through its sales and marketing force. Alpha Pro Tech, Ltd. was founded in 1983 and is headquartered in Markham, Canada.
What sector is Alpha Pro Tech in?
Alpha Pro Tech is in the Industrials sector
What industry is Alpha Pro Tech in?
Alpha Pro Tech is in the Building Products & Equipment industry
What country is Alpha Pro Tech from?
Alpha Pro Tech is headquartered in Canada
When did Alpha Pro Tech go public?
Alpha Pro Tech initial public offering (IPO) was on 16 February 1999
What is Alpha Pro Tech website?
https://www.alphaprotech.com
Is Alpha Pro Tech in the S&P 500?
No, Alpha Pro Tech is not included in the S&P 500 index
Is Alpha Pro Tech in the NASDAQ 100?
No, Alpha Pro Tech is not included in the NASDAQ 100 index
Is Alpha Pro Tech in the Dow Jones?
No, Alpha Pro Tech is not included in the Dow Jones index
When was Alpha Pro Tech the previous earnings report?
No data
When does Alpha Pro Tech earnings report?
The next expected earnings date for Alpha Pro Tech is 13 March 2025