- API has underperformed the S&P 500 Index, declining 21.32% from its price level of one year ago. The fact that the stock is now selling for less than others in its industry in relation to its current earnings is not reason enough to justify a buy rating at this time.
- Net operating cash flow has decreased to -$0.51 million or 10.36% when compared to the same quarter last year. Despite a decrease in cash flow ADVANCED PHOTONIX INC is still fairing well by exceeding its industry average cash flow growth rate of -24.29%.
- The return on equity has improved slightly when compared to the same quarter one year prior. This can be construed as a modest strength in the organization. Compared to other companies in the Electronic Equipment, Instruments & Components industry and the overall market, ADVANCED PHOTONIX INC's return on equity significantly trails that of both the industry average and the S&P 500.
- ADVANCED PHOTONIX INC reported significant earnings per share improvement in the most recent quarter compared to the same quarter a year ago. Stable earnings per share over the past year indicate the company has sound management over its earnings and share float. However, the consensus estimates suggest that there will be an upward trend in the coming year. During the past fiscal year, ADVANCED PHOTONIX INC reported poor results of -$0.14 versus -$0.13 in the prior year. This year, the market expects an improvement in earnings ($0.02 versus -$0.14).
- 40.36% is the gross profit margin for ADVANCED PHOTONIX INC which we consider to be strong. Regardless of API's high profit margin, it has managed to decrease from the same period last year. Despite the mixed results of the gross profit margin, the net profit margin of -3.49% trails the industry average.
Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link. The Electronics industry as a whole closed the day down 1.8% versus the S&P 500, which was down 0.7%. Laggards within the Electronics industry included LGL Group ( LGL), down 1.6%, Electro-Sensors ( ELSE), down 2.6%, Wells-Gardner Electronic ( WGA), down 2.6%, Data I/O ( DAIO), down 7.0% and Advanced Photonix ( API), down 7.5%. TheStreet Ratings Group would like to highlight 3 stocks that pushed the industry lower today: Advanced Photonix ( API) is one of the companies that pushed the Electronics industry lower today. Advanced Photonix was down $0.04 (7.5%) to $0.47 on average volume. Throughout the day, 95,518 shares of Advanced Photonix exchanged hands as compared to its average daily volume of 77,000 shares. The stock ranged in price between $0.46-$0.52 after having opened the day at $0.52 as compared to the previous trading day's close of $0.51. Advanced Photonix, Inc. develops, manufactures, and sells optoelectronic devices, and value-added sub-systems and systems to various original equipment manufacturers primarily in North America, Asia, Europe, and Australia. Advanced Photonix has a market cap of $19.1 million and is part of the technology sector. Shares are down 26.1% year-to-date as of the close of trading on Tuesday. Currently there is 1 analyst who rates Advanced Photonix a buy, no analysts rate it a sell, and none rate it a hold. STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more. TheStreet Ratings rates Advanced Photonix as a sell. The company's weaknesses can be seen in multiple areas, such as its generally disappointing historical performance in the stock itself and weak operating cash flow. Highlights from TheStreet Ratings analysis on API go as follows: