Last $39.03 USD
Change Today +0.64 / 1.67%
Volume 51.8K
SNHY On Other Exchanges
Symbol
Exchange
Berlin
NASDAQ GS
As of 8:10 PM 09/17/14 All times are local (Market data is delayed by at least 15 minutes).

sun hydraulics corp (SNHY) Snapshot

Open
$38.51
Previous Close
$38.39
Day High
$39.35
Day Low
$38.42
52 Week High
03/4/14 - $46.28
52 Week Low
02/7/14 - $34.62
Market Cap
1.0B
Average Volume 10 Days
37.7K
EPS TTM
$1.52
Shares Outstanding
26.5M
EX-Date
06/26/14
P/E TM
25.7x
Dividend
$0.36
Dividend Yield
1.15%
Current Stock Chart for SUN HYDRAULICS CORP (SNHY)

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sun hydraulics corp (SNHY) Details

Sun Hydraulics Corp. designs and manufactures screw-in hydraulic cartridge valves and manifolds, components of fluid-power systems that control force, speed, and motion. Its products include electro-hydraulic cartridges; manifolds, which are solid blocks of metal machined to create threaded cavities and channels; and integrated packages, assemblies of cartridge valves that go into custom designed manifolds. These products are used in construction, agricultural, and utility equipment, as well as in a range of industrial applications, such as machine tools and material handling equipment. Founded in 1970, Sun Hydraulics is based in Sarasota, Fla.

876 Employees
Last Reported Date: 03/7/14
Founded in 1970

sun hydraulics corp (SNHY) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $494.2K
Chief Financial Officer and Principal Account...
Total Annual Compensation: $220.8K
Officer
Total Annual Compensation: $222.8K
Officer
Total Annual Compensation: $199.1K
Officer
Total Annual Compensation: $130.6K
Compensation as of Fiscal Year 2013.

sun hydraulics corp (SNHY) Key Developments

Sun Hydraulics Corporation Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 28, 2014; Provides Earnings Guidance for the Third Quarter of 2014; Provides Capital Expenditure Guidance for the Year 2014

Sun Hydraulics Corporation reported unaudited consolidated earnings results for the second quarter and six months ended June 28, 2014. For the quarter, the company reported net sales of $61,050,000 against $55,788,000 a year ago. Operating income was $18,377,000 against $16,761,000 a year ago. Income before income taxes was $18,424,000 against $17,516,000 a year ago. Net income was $12,186,000 or $0.46 per basic and diluted share against $11,790,000 or $0.45 per basic and diluted share a year ago. Net cash from operations was $17 million. Earnings were affected by the investments mentioned, as well as by additional expenses, including increased over time, losses on the disposal of assets and the change in state tax rate, which was retroactive that to the beginning of 2014. For the six months, the company reported net sales of $117,859,000 against $106,848,000 a year ago. Operating income was $35,103,000 against $30,693,000 a year ago. Income before income taxes was $35,371,000 against $31,670,000 a year ago. Net income was $23,571,000 or $0.89 per basic and diluted share against $21,365,000 or $0.82 per basic and diluted share a year ago. Net cash provided by operating activities was $26,672,000 against $23,455,000 a year ago. Capital expenditures were $5,057,000 against $9,518,000 a year ago. For the third quarter of 2014 revenues are expected to be approximately $55 million, up 11% from the third quarter of 2013. Earnings per share are estimated to be $0.36 to $0.38 compared to $0.32 in the same period a year ago. The company expects provision for income taxes rate in third quarter is to be approximately 33%. Capital expenditures for 2014 are expected to be $10 million. This includes approximately $2 million for improvements to and reconfiguration of its high-volume cartridge valve factory. This reconfiguration will result in operational efficiencies and productivity gains. The remaining expenditures consist of purchases on machinery and equipment.

Sun Hydraulics Corp., Q2 2014 Earnings Call, Aug 05, 2014

Sun Hydraulics Corp., Q2 2014 Earnings Call, Aug 05, 2014

Sun Hydraulics Corp. Approves Amendment to the Articles of Incorporation

Sun Hydraulics Corp. shareholders approved an amendment to the Amended and Restated Articles of Incorporation to increase the number of authorized shares of common stock, par value $0.001 per share to 50,000,000 shares at its AGM held on June 2, 2014.

 

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Valuation SNHY Industry Range
Price/Earnings 25.1x
Price/Sales 4.7x
Price/Book 4.7x
Price/Cash Flow 25.3x
TEV/Sales 4.2x
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