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Last $4.10 USD
Change Today +0.06 / 1.49%
Volume 233.9K
ACW On Other Exchanges
Symbol
Exchange
Frankfurt
As of 8:04 PM 07/30/15 All times are local (Market data is delayed by at least 15 minutes).

accuride corp (ACW) Snapshot

Open
$3.98
Previous Close
$4.04
Day High
$4.12
Day Low
$3.96
52 Week High
03/2/15 - $5.47
52 Week Low
07/27/15 - $3.39
Market Cap
196.6M
Average Volume 10 Days
215.4K
EPS TTM
$0.05
Shares Outstanding
48.0M
EX-Date
--
P/E TM
79.1x
Dividend
--
Dividend Yield
--
Current Stock Chart for ACCURIDE CORP (ACW)

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accuride corp (ACW) Details

Accuride Corporation, together with its subsidiaries, designs, manufactures, and distributes commercial vehicle components in North America. It operates through three segments: Wheels, Gunite, and Brillion Iron Works. The company offers steel and aluminum wheels for the heavy- and medium-duty trucks, commercial trailer markets, and related aftermarket channels; light truck steel wheels; and military wheels, as well as wheel-end components and assemblies, such as brake drums, disc wheel hubs, spoke wheels, disc brake rotors, and automatic slack adjusters. It also provides ductile, austempered ductile, and gray iron castings, including transmission and engine-related components that include flywheels, and transmission and engine-related housings and brackets, as well as industrial components comprising flywheels, pump housings, valve body housings, small engine components, and other industrial components. The company markets its products under the Accuride, Accuride Wheel End Solutions, Gunite, and Brillion brand names. It serves heavy- and medium-duty truck, and commercial trailer original equipment manufacturers (OEMs), as well as aftermarket customers, including OEM dealer networks, wholesale distributors, and aftermarket buying groups. The company was founded in 1986 and is headquartered in Evansville, Indiana.

2,186 Employees
Last Reported Date: 07/27/15
Founded in 1986

accuride corp (ACW) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $675.0K
Chief Financial Officer and Senior Vice Presi...
Total Annual Compensation: $257.5K
Senior Vice President of Operations
Total Annual Compensation: $380.0K
President of Brillion Iron Works
Total Annual Compensation: $285.0K
Senior Vice President of Human Resources, Gen...
Total Annual Compensation: $265.0K
Compensation as of Fiscal Year 2014.

accuride corp (ACW) Key Developments

Accuride Corporation Announces Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2015; Provides Earnings Guidance for 2015

Accuride Corporation announced unaudited consolidated earnings results for the second quarter and six months ended June 30, 2015. Second quarter 2015 net sales were $185.4 million, compared with $181.6 million in the same period in 2014, an increase of 2.1%, primarily reflecting the impact of stronger industry conditions in the Company's Wheels segment during the quarter. Operating income was $14.2 million for the quarter, compared to operating income of $12.3 million in the second quarter of 2014. The company reported net income of $6.339 million, or $0.13 per share, during the quarter, compared to net income of $5.295 million, or $0.11 per share, in 2014. Second quarter Adjusted EBITDA increased by 11.5% year-over-year to $25.9 million, or 14.0% of net sales, compared to $23.2 million, or 12.8% of net sales, in the same quarter of 2014. Income from continuing operations was $6.124 million or $0.13 per diluted share against $5.109 million or $0.11 per diluted share a year ago. The company generated $23.9 million of free cash flow in the second quarter this year. This is much improved over the prior year's results of $11.8 million. For the six months, the company reported total net sales of $369.039 million against $348.359 million a year ago. Income from operations was $23.512 million against $18.873 million a year ago. Net income was $5.751 million against $1.722 million a year ago. Adjusted EBITDA from continuing operations was $47.188 million against $41.190 million a year ago. Income from continuing operations was $5.544 million or $0.12 per diluted share against $1.824 million or $0.04 per diluted share a year ago. Management expects the company's 2015 net sales to be in the range of $700 million to $750 million, and Adjusted EBITDA to be in the range of $85 million to $95 million. The midpoints of the company's revenue and Adjusted EBITDA ranges represent increases of 3% and 15%, respectively, over company's 2014 results. The company has based its 2015 guidance on the following projections for the North American commercial vehicle industry: Class 8 production in the range of 310,000 to 330,000 units, Class 5-7 production in the range of 220,000 to 225,000 units and Trailer segment production in the range of 280,000 to 300,000 units. In addition, management expects net sales for the Brillion business unit to be down by 15% to 20% versus 2014 due to continued softness in its oil and gas, agricultural and mining end markets. The company's expectation remains that free cash flow will approve to be between positive $15 million and $25 million. It had adjusted revenue range downward to reflect pass-through pricing of lower raw material costs as well as reduced demand from Brillion's end markets.

Accuride Corp., Q2 2015 Earnings Call, Jul 27, 2015

Accuride Corp., Q2 2015 Earnings Call, Jul 27, 2015

Accuride Corp. to Report Q2, 2015 Results on Jul 27, 2015

Accuride Corp. announced that they will report Q2, 2015 results at 9:00 AM, Eastern Standard Time on Jul 27, 2015

 

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Industry Analysis

ACW

Industry Average

Valuation ACW Industry Range
Price/Earnings 100.0x
Price/Sales 0.3x
Price/Book 3.4x
Price/Cash Flow 19.6x
TEV/Sales NM Not Meaningful
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