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Transdigm reaches new all-time high and adjusts takeover offer for Servotronics
Shares of Transdigm Group Inc. reached a new all-time high of $1,617.89, supported by strong financial metrics and robust revenue growth. The company announced changes in its management team and raised its takeover offer for Servotronics to $47.00 per share. Analysts remain positive about the outlook, but note short-term financial challenges due to a bond refinancing. » More on de.investing.com
Servotronics delisted after merger with TransDigm
Servotronics has completed its merger with TransDigm and is now a wholly owned subsidiary. As part of the acquisition, shareholders will receive $47.00 per share in cash, and the company's listing on the NYSE American will be discontinued. The previous management team of Servotronics has been replaced, and the company is applying to terminate its reporting obligations with the SEC. » More on de.investing.com
Historical dividends Dividends
All dividend metrics All metricsFinancials
| (EUR) | 2024 | YoY |
|---|---|---|
| Revenue | 43.17M | 9.37% |
| Gross profit | 7.94M | 12.51% |
| Net profit | -1.56M | 84.02% |
| EBITDA | -35.56K | 96.18% |
Fundamentals
| Metric | Value |
|---|---|
Market capitalization | €106.89M |
Number of shares | 2.56M |
52-week high/low | €42.29 - €8.61 |
| Dividends | No |
Beta | 1.53 |
P/E ratio | -72.22 |
PEG ratio | 0.06 |
P/B ratio | 5.01 |
P/S ratio | 2.67 |
Company profile
Servotronics, Inc. designs, manufactures, and markets control components and consumer products in the United States and internationally. It operates in two segments, Advanced Technology Group (ATG) and Consumer Products Group (CPG). The ATG segment provides servo-control components to the commercial aerospace, aircraft, and government related industries; and medical and industrial markets. This segment's principal components include torque motors, electromagnetic actuators, hydraulic and pneumatic valves, and related devices that convert an electrical current into a mechanical force or movement, and other products. It also offers metallic seals of various cross-sectional configurations to close tolerances from standard and special alloy steels. This segment markets and sells its products to the United States Government, government prime contractors, government subcontractors, commercial manufacturers, and end-users. The CPG segment provides cutlery products, including steak, carving, bread, butcher, and paring knives for household use, as well as for use in restaurants, institutions, and the private industry; fixed and folding knives for hunting, fishing, and camping; and machetes, bayonets, axes, strap cutters, and other tools primarily for military and rescue/first-responder use, as well as for commercial markets. It also offers various specialty tools, putty knives, linoleum sheet cutters, field knives, scalpels, and micro-spatulas; and plastic and metal fabrication, as well as engineering, design, and OEM/white-label manufacturing services to customers in the consumer and commercial industries. This segment markets its products through its sales resources and independent manufacturers' representatives to big box, hardware, supermarket, variety, department, discount, gift, drug, outdoor, and sporting stores, as well as through electronic commerce. The company was incorporated in 1959 and is headquartered in Elma, New York.
| Name | SERVOTRONICS INC. DL-,20 |
| CEO | Robert A Fraass |
| Headquarters | Elma,
ny USA |
| Website | |
| Sector | Industrials |
| Industry | Building Products |
| IPO | 05/03/1973 |
| Employees | 254 |
Ticker symbols
| Exchange | Symbol |
|---|---|
AMEX | SVT |
Frankfurt | SVX.F |