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Last $17.96 USD
Change Today -0.57 / -3.08%
Volume 91.0K
MPG On Other Exchanges
Symbol
Exchange
New York
Munich
As of 8:04 PM 03/27/15 All times are local (Market data is delayed by at least 15 minutes).

metaldyne performance group (MPG) Snapshot

Open
$18.44
Previous Close
$18.53
Day High
$18.60
Day Low
$17.89
52 Week High
02/23/15 - $20.72
52 Week Low
12/12/14 - $14.57
Market Cap
1.2B
Average Volume 10 Days
302.4K
EPS TTM
--
Shares Outstanding
67.1M
EX-Date
05/8/15
P/E TM
--
Dividend
$0.36
Dividend Yield
--
Current Stock Chart for METALDYNE PERFORMANCE GROUP (MPG)

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metaldyne performance group (MPG) Details

Metaldyne Performance Group Inc. manufactures and sells components for use in powertrain and safety-critical platforms in the United States, Europe, and internationally. The company’s powertrain products include components for engine, transmission, and driveline applications; and safety-critical products comprise components for chassis, suspension, steering, and brake applications. It operates in three segments, HHI, Metaldyne, and Grede. The HHI segment offers engineered forgings, including transmission components, drive line components, wheel hubs, axle ring and pinion gears, sprockets, balance shaft gears, timing drive systems, variable valve timing (VVT) components, transfer case components, and wheel bearings. The Metaldyne segment manufactures engineered metal-based powertrain products comprising connecting rods, VVT components, balance shaft systems, engine crankshaft dampers, differential gears and pinions, differential assemblies, valve bodies, hollow and solid shafts, clutch modules, and assembled end covers. The Grede segment manufactures cast, machined, and assembled components, such as turbocharger housings, differential carriers and cases, scrolls and covers, brake calipers and housings, knuckles, control arms, and axle components. The company serves vehicle original equipment manufacturers and tier I suppliers in the light, commercial, and industrial vehicle markets. Metaldyne Performance Group Inc. was founded in 2010 and is headquartered in Plymouth, Michigan.

12,000 Employees
Last Reported Date: 03/16/15
Founded in 2010

metaldyne performance group (MPG) Top Compensated Officers

Chief Executive Officer, Director, Chief Exec...
Total Annual Compensation: $857.6K
Co-President, Chief Executive Officer of Gred...
Total Annual Compensation: $670.0K
Co-President, Chief Executive Officer of Meta...
Total Annual Compensation: $658.5K
Chief Financial Officer and Treasurer
Total Annual Compensation: $468.8K
Compensation as of Fiscal Year 2014.

metaldyne performance group (MPG) Key Developments

Metaldyne Performance Group Inc. Declares Quarterly Cash Dividend, Payable on May 26, 2015; Announces Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2014; Provides Earnings Guidance for Full Year of 2015; Reports Goodwill Impairment for the Fourth Quarter Ended December 31, 2014

The board of Metaldyne Performance Group Inc. declared a quarterly cash dividend of $0.09 per share of common stock, payable on May 26, 2015 for those stockholders of record as of May 12, 2015. The company announced unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2014. For the year, the company reported net sales of $2,717 million against $2,017.3 million a year ago. Operating profit was $203.5 million against $185.4 million a year ago. Income before income tax was $54.2 million against $92.9 million a year ago. Net income attributable to stockholders was $72.9 million against $57.6 million a year ago. Basic and diluted earnings per share were $1.06 against $0.86 per share a year ago. Net cash provided by operating activities was $305.4 million against $234.3 million a year ago. Capital expenditures were $156.4 million against $122.3 million a year ago. Unadjusted EBITDA was $425.6 million against $331 million a year ago. Adjusted EBITDA was $478.6 million against $363.1 million a year ago. Adjusted free cash flow was $322.2 million against $240.8 million a year ago. Non-GAAP diluted EPS was $1.06 against $0.86 a year ago. The primary driver for the increase in Net Sales were the acquisition of Grede in June 2014 along with the impact of net new programs and higher market volumes. Similar to net sales, the primary driver for the increase in adjusted EBITDA was also the Grede acquisition in mid-2014. For the quarter, the company reported net sales of $762.2 million against $511.4 million a year ago. Net income attributable to stockholders was $10.2 million against $4 million a year ago. Unadjusted EBITDA was $108.6 million against $76.6 million a year ago. Adjusted EBITDA was $125.7 million against $92 million a year ago. Adjusted free cash flow was $71.5 million against $56.6 million a year ago. Capital expenditures were $54.2 million against $35.4 million a year ago. Non-GAAP diluted EPS was $0.40 against $0.06 a year ago. GAAP diluted EPS was $0.15 against $0.06 per share a year ago. The increase in the year-over-year performance was primarily driven by the inclusion of the Grede results. The decrease in adjusted free cash flow was driven by the increase in CapEx. For the fourth quarter, the company reported goodwill impairment of $0.17 million. For the year of 2015, the company expects net income attributable to stockholders in the range of $102.5 million to $127.8 million, net income to be in the range of $102.9 million to $128.3 million, unadjusted EBITDA to be in the range of $504.9 million to $544.9 million, adjusted EBITDA to be in the range of $520 million to $560 million, net sales expected to be between $3 billion and $3.15 billion, capital expenditures expected to range between $210 million to $225 million. For adjusted free cash flow, using the consistent points of the ranges above, the company is providing guidance of $310 million to $335 million.

Metaldyne Performance Group Inc. to Report Q4, 2014 Results on Mar 12, 2015

Metaldyne Performance Group Inc. announced that they will report Q4, 2014 results Pre-Market on Mar 12, 2015

Metaldyne Performance Group Inc., Q4 2014 Earnings Call, Mar 12, 2015

Metaldyne Performance Group Inc., Q4 2014 Earnings Call, Mar 12, 2015

 

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Industry Analysis

MPG

Industry Average

Valuation MPG Industry Range
Price/Earnings 16.9x
Price/Sales 0.4x
Price/Book 2.3x
Price/Cash Flow 16.5x
TEV/Sales NM Not Meaningful
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