Last $6.82 USD
Change Today +0.17 / 2.56%
Volume 75.0K
CAS On Other Exchanges
Symbol
Exchange
New York
Frankfurt
As of 8:04 PM 10/20/14 All times are local (Market data is delayed by at least 15 minutes).

castle (a.m.) & co (CAS) Snapshot

Open
$6.63
Previous Close
$6.65
Day High
$6.82
Day Low
$6.63
52 Week High
02/18/14 - $15.64
52 Week Low
10/15/14 - $6.16
Market Cap
160.2M
Average Volume 10 Days
247.5K
EPS TTM
$-2.91
Shares Outstanding
23.5M
EX-Date
04/28/09
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for CASTLE (A.M.) & CO (CAS)

castle (a.m.) & co (CAS) Related Businessweek News

No Related Businessweek News Found

castle (a.m.) & co (CAS) Details

A.M. Castle & Co. is a specialty metals and plastics distribution company. Its Metals segment offers engineered specialty grades and alloys, as well as processing services. Core products include nickel alloys, aluminum, stainless steel, and carbon in various forms, such as plate, bars, tubing, and coil. It also performs specialized fabrications for its customers through a network of pre-qualified subcontractors. The company’s Plastics segment stocks and distributes plastics in forms including plate, rod, clear sheet, tape, and fittings. It can also cut to length, cut to shape, and bend. This segment offers its services to companies in the retail (point-of-purchase), marine, office furniture and fixtures, transportation, and general manufacturing industries. The company also operates in France and Britain. A.M. Castle was founded in 1890 and is headquartered in Franklin Park, Ill.

1,624 Employees
Last Reported Date: 03/7/14
Founded in 1890

castle (a.m.) & co (CAS) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $650.0K
Vice President and President of Total Plastic...
Total Annual Compensation: $243.9K
Vice President of Aerospace
Total Annual Compensation: $371.0K
Chief Commercial Officer
Total Annual Compensation: $166.5K
Compensation as of Fiscal Year 2013.

castle (a.m.) & co (CAS) Key Developments

A. M. Castle & Co. Announces Management Changes

On September 22, 2014, Scott F. Stephens informed A.M. Castle & Co. of his intention to resign from his position as Vice President, Chief Financial Officer and Treasurer of the Company, which will become effective September 26, 2014. The company has appointed Patrick R. Anderson, 42, to serve as interim Vice President, Chief Financial Officer and Treasurer, effective as of September 26, 2014. Mr. Anderson has served as Vice President, Corporate Controller and Chief Accounting Officer of the Company since August 2007 and will also continue in this role. Formerly, he served as a Senior Manager with Deloitte & Touche LLP from 1994.

A. M. Castle & Co. Presents at Topeka Capital Markets Industrials & Materials Conference, Sep-15-2014

A. M. Castle & Co. Presents at Topeka Capital Markets Industrials & Materials Conference, Sep-15-2014 . Venue: Chicago, Illinois, United States.

A. M. Castle & Co. Reports Unaudited Consolidated Financial Results for the Second Quarter and Six Months Ended June 30, 2014; Provides Tax Rate Guidance for the Year 2014; Reports Goodwill Impairment Charges for the Second Quarter Ended June 30, 2014; Provides Capital Expenditures Guidance for the Full Year 2014; Provides Financial Guidance for the Second Half of 2014

A. M. Castle & Co. reported unaudited consolidated financial results for the second quarter and six months ended June 30, 2014. For the quarter, the company reported net sales of $249,492,000 against $273,410,000 a year ago. Operating loss was $71,891,000 against $3,763,000 a year ago. Loss before income taxes and equity in earnings of joint venture was $80,189,000 against $13,108,000 a year ago. Net loss was $72,298,000 against $3,799,000 a year ago. Basic and diluted loss per share was $3.10 against $0.16 a year ago. LBITDA was $61,974,000 against EBITDA of $5,109,000 a year ago. Adjusted non-GAAP net loss was $22,945,000 or $0.98 per share basic and diluted against adjusted non-GAAP net income of $392,000 or $0.02 per share basic and diluted a year ago. Adjusted LBITDA was $5,564,000 against adjusted EBITDA of $11,585,000 a year ago. For the six months, the company reported net sales of $502,902,000 against $566,124,000 a year ago. Operating loss was $79,213,000 against $4,736,000 a year ago. Loss before income taxes and equity in earnings of joint venture was $98,145,000 against $26,568,000 a year ago. Net loss was $88,296,000 against $14,421,000 a year ago. Basic and diluted loss per share was $3.78 against $0.62 a year ago. LBITDA was $61,614,000 against EBITDA of $9,877,000 a year ago. Adjusted LBITDA was $4,673,000 against adjusted EBITDA of $20,366,000 a year ago. Adjusted non-GAAP net loss was $38,615,000 or $1.65 per share basic and diluted against $7,713,000 or $0.33 per share basic and diluted a year ago. Net debt as on June 30, 2014 was $253,794,000. Net cash used in operating activities was $32,519,000 against net cash from operating activities of $56,114,000 a year ago. Capital expenditures were $4,299,000 against $5,436,000 a year ago. Based on current estimates, the effective tax rate for 2014 is expected to be in the range of 11% to 12%. The company expects annual capital expenditures in the $10 million to $12 million range for the full year 2014. The company expects to deliver better results during the second half of 2014 from a combination of modest sales improvement, normalized gross margin level and operating cost in targeted range of $65 million to $67 million per quarter. For the quarter, the company reported goodwill impairment charges of $56,160,000.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
CAS:US $6.82 USD +0.17

CAS Competitors

Market data is delayed at least 15 minutes.

Company Last Change
AEP Industries Inc $41.40 USD +2.14
AMG Advanced Metallurgical Group NV €6.26 EUR +0.301
Gibraltar Industries Inc $14.47 USD +0.15
Olympic Steel Inc $19.07 USD +0.37
Quanex Building Products Corp $18.94 USD +0.43
View Industry Companies
 

Industry Analysis

CAS

Industry Average

Valuation CAS Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 0.2x
Price/Book 0.7x
Price/Cash Flow NM Not Meaningful
TEV/Sales NM Not Meaningful
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact CASTLE (A.M.) & CO, please visit www.amcastle.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.