- Net operating cash flow has significantly increased by 137.11% to $0.23 million when compared to the same quarter last year. In addition, ARTS WAY MFG INC has also vastly surpassed the industry average cash flow growth rate of -10.33%.
- The current debt-to-equity ratio, 0.51, is low and is below the industry average, implying that there has been successful management of debt levels. Even though the company has a strong debt-to-equity ratio, the quick ratio of 0.45 is very weak and demonstrates a lack of ability to pay short-term obligations.
- ARTW has underperformed the S&P 500 Index, declining 19.64% from its price level of one year ago. Turning toward the future, the fact that the stock has come down in price over the past year should not necessarily be interpreted as a negative; it could be one of the factors that may help make the stock attractive down the road. Right now, however, we believe that it is too soon to buy.
- ARTS WAY MFG INC reported flat earnings per share in the most recent quarter. The company has reported a trend of declining earnings per share over the past two years. During the past fiscal year, ARTS WAY MFG INC reported lower earnings of $0.23 versus $0.38 in the prior year.
All three major indices are trading down today with the Dow Jones Industrial Average ( ^DJI) trading down 15.93 points (-0.1%) at 17,529 as of Tuesday, Aug. 18, 2015, 12:55 PM ET. The NYSE advances/declines ratio sits at 984 issues advancing vs. 2,001 declining with 166 unchanged. The Industrial industry as a whole closed the day down 0.7% versus the S&P 500, which was down 0.2%. Top gainers within the Industrial industry included American DG Energy ( ADGE), up 4.3%, WSI Industries ( WSCI), up 8.2%, UQM Technologies ( UQM), up 15.3%, GreenHunter Resources ( GRH), up 7.4% and Art's-Way Manufacturing ( ARTW), up 1.8%. TheStreet Ratings Group would like to highlight 3 stocks pushing the industry higher today: Art's-Way Manufacturing ( ARTW) is one of the companies that pushed the Industrial industry higher today. Art's-Way Manufacturing was up $0.08 (1.8%) to $4.49 on light volume. Throughout the day, 2,934 shares of Art's-Way Manufacturing exchanged hands as compared to its average daily volume of 17,700 shares. The stock ranged in a price between $4.44-$4.52 after having opened the day at $4.46 as compared to the previous trading day's close of $4.41. Art's-Way Manufacturing Co., Inc. manufactures and sells agricultural equipment, specialized modular science buildings, pressurized steel vessels, and steel cutting tools worldwide. Art's-Way Manufacturing has a market cap of $18.4 million and is part of the industrial goods sector. Shares are down 15.3% year-to-date as of the close of trading on Monday. Currently there are no analysts who rate Art's-Way Manufacturing a buy, no analysts rate it a sell, and none rate it a hold. EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE. TheStreet Ratings rates Art's-Way Manufacturing as a hold. The company's strengths can be seen in multiple areas, such as its attractive valuation levels, good cash flow from operations and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including feeble growth in the company's earnings per share, a generally disappointing performance in the stock itself and poor profit margins. Highlights from TheStreet Ratings analysis on ARTW go as follows: