SNHY Sun Hydraulics Corporation featured news, full reports, and detailed charts
Sun Hydraulics Corporation (SNHY) Wrap Up:
The Company is a leading designer and manufacturer of high-performance screw-in hydraulic cartridge valves and manifolds, which control force, speed, and motion as integral components in fluid power systems. The innovative floating construction of the Company’s screw-in cartridge valves and the design of the cavities in which they are installed provide demonstrable performance and reliability advantages compared to other available screw-in cartridge valves. The Company designs and manufactures one of the most comprehensive lines of screw-in hydraulic cartridge valves and manifolds in the world. The Company has generated a profit every year since 1972 and has paid a dividend every quarter since its initial public offering of securities in 1997. The Company believes that its success is primarily a result of its innovative product design, consistent high quality, superior product performance and the breadth of the markets it serves. ... More..."http://secfilings.nasdaq.com/edgar_conv_html%2f2008%2f03%2f12%2f0001193125-08-053713.html#FIS_BUSINESS"www.sunhydraulics.com
838 Employees
Founded in 1970
Sun Hydraulics Corp. (SNHY:NASDAQ)
LAST $23.49 USD
CHANGE TODAY -0.10 -0.42%
VOLUME 43.6K
As of 4:00 PM 11/20/09 All times are local (Market data by Reuters is delayed by at least 15 minutes).
Snapshot of Sun Hydraulics Corp. (SNHY)
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OPEN
$23.27
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PREVIOUS CLOSE
$23.59
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DAY HIGH
$23.73
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DAY LOW
$23.16
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52 WEEK HIGH
11/17/09 - $24.57
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52 WEEK LOW
03/9/09 - $10.30
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MARKET CAP
397.7M
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AVERAGE VOLUME 3 mo
67.9K
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DILUTED EPS TTM
$0.18
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SHARES OUTSTANDING
16.9M
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EX-DATE
09/28/09
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P/E TTM
128.5x
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DIVIDEND
$0.36
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DIVIDEND YIELD
1.53%
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| K = Thousands M = Millions B = Billions | ||
SNHY Top Compensated Officers
Mr. Allen J. Carlson
Chief Executive Officer, President and Direct...
Age: 58
Total Annual Compensation: $373.0K
Ms. Tricia L. Fulton
Chief Financial Officer, Principal Accounting...
Age: 42
Total Annual Compensation: $140.0K
Mr. Peter G. Robson
General Manager of Sun Hydraulics Limited
Age: 64
Total Annual Compensation: $176.2K
Mr. Jeffrey Cooper
Officer of Engineering
Age: 68
Total Annual Compensation: $161.0K
Mr. Tim A. Twitty
Officer of Manufacturing
Age: 42
Total Annual Compensation: $142.0K
Executives, Board Directors
Compensation as of Fiscal Year 2008.
Key developments for Sun Hydraulics Corp. (SNHY)
Sun Hydraulics Corp. - Conference Presentation Call
11/2/2009
Sun Hydraulics Corp. - Conference Presentation Calls
Sun Hydraulics Corp. Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 26, 2009 ; Provides Earnings Guidance for the Fourth Quarter and Full Year of 2009
11/2/2009
Sun Hydraulics Corp. reported unaudited consolidated earnings results for the third quarter and nine months ended September 26, 2009. For the quarter, the company reported net income of $554,000 or $0.03 per basic and diluted share on net sales of $23.316 million compared to net income of $6.657 million or $0.40 per basic and diluted share on net sales of $44.771 million for the same period of last year. The company reported income before income tax of $570,000 and income from operations of $423,000 compared to income before income tax of $9.768 million and income from operations of $9.281 million for the same period of last year. The company reported CapEx of $1.043 million compared to CapEx of $2.368 million for the same period of last year. For the nine months, the company reported net income of $559,000 or $0.03 per basic and diluted share on net sales of $70.131 million compared to net income of $23.255 million or $1.40 per basic and diluted share on net sales of $145.342 million for the same period of last year. The company reported income before income tax of $390,000 and income from operations of $593,000 compared to income before income tax of $34.574 million and income from operations of $33.703 million for the same period of last year. The company reported net cash provided by operating activities of $11.300 million and CapEx of $4.549 million compared to net cash provided by operating activities of $30.846 million and CapEx of $9.229 million for the same period of last year. Fourth quarter 2009 revenues are expected to be approximately $26 million, down 21% from the fourth quarter of 2008. Earnings per share are estimated to be $0.05 to 0.07 compared to $0.15 in the same period a year ago. 2009 year-end sales are estimated to be approximately $96 million, a 46% decrease compared to 2008. Earnings per share for 2009 are estimated to be $0.08 to $0.10, compared to $1.55 in 2008.
Sun Hydraulics Corp., Q3 2009 Earnings Call, Nov--03-2009
11/2/2009
Sun Hydraulics Corp., Q3 2009 Earnings Call, Nov-03-2009
SNHY Competitors
| Company | Last | Change |
| Sauer-Danfoss Inc | $9.09 USD | +0.09 |
| Market data is delayed at least 20 minutes. | ||
Industry Analysis
| Valuation | SNHY | Industry Range |
| Price/Earnings | 100.0x |
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| Price/Sales | 3.8x |
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| Price/Book | 3.7x |
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| Price/Cash Flow | 130.4x |
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| TEV/Sales | 3.5x |
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SNHY |
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SNHY transactions
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| No transactions in the last 6 months. | ||
More Recent News About Sun Hydraulics Corporation
More news for SNHY
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SUN HYDRAULICS CORP Files SEC form 8-K, Change in Directors or Principal Officers
Show all filings for SUN HYDRAULICS CORP | Request a Trial to NEW EDGAR Online Pro Form 8-K for SUN HYDRAULICS CORP 14-Oct-2009Change in Directors or Principal Officers Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information provided "as is" for informational purposes ...Click here to read the whole Article (external link)
Q3 2009 Sun Hydraulics Earnings Release - 5:00 pm ET
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SUN HYDRAULICS CORP Files SEC form 10-Q, Quarterly Report
Item 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS OVERVIEW Sun Hydraulics Corporation is a leading designer and manufacturer of high-performance screw-in hydraulic cartridge valves and manifolds, which control force, speed and motion as integral components in fluid power systems. The Company sells its products globally through wholly-owned subsidiaries and independent distributors. Sales outside the United States for the year ended December 27, 2008, were approximately 58% of total net sales. Approximately two-thirds of product sales are used by the mobile market, which is characterized by applications where the equipment is not fixed in place, the operating environment is often unpredictable, and duty cycles are generally moderate to low. Some examples of the mobile market include equipment used in off-road construction, agriculture, fire and rescue, utilities, oil fields, and mining. The remaining one-third of sales are used by industrial markets, which are characterized by equipment that is fixed in place, typically in a controlled environment, and which operates at higher pressures and duty cycles. Power units, automation machinery, metal cutting machine tools and plastics machinery are some examples of industrial equipment. The Company sells to both markets with a single product line. Industry conditions Demand for the Company's products is dependent on demand for the capital goods into which the products are incorporated. The capital goods industries in general, and the fluid power industry specifically, are subject to economic cycles. According to the National Fluid Power Association (the fluid power industry's trade association in the United States), the United States index of shipments of hydraulic products increased 8% and 1% in 2008 and 2007, respectively. The index of shipments of hydraulic products is down 47% for the three-month period ending September 2009, compared to the same period of the p...Click here to read the whole Article (external link)
SUN HYDRAULICS CORP Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Exhib
Show all filings for SUN HYDRAULICS CORP | Request a Trial to NEW EDGAR Online Pro Form 8-K for SUN HYDRAULICS CORP 2-Nov-2009Results of Operations and Financial Condition, Financial Statements and Exhib Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information provid...Click here to read the whole Article (external link)
Sun Hydraulics Earns $0.03 on Third Quarter Sales of $23 Million; Fourth Quarter Sales Forecast to Be $26 Million
SARASOTA, FL--(Marketwire - 11/02/09) - Sun Hydraulics Corporation (NASDAQ:SNHY - News) today reported financial results for the third quarter 2009 as follows: � (Dollars in millions except net income per share) September 26 September 27 2009 2008 Decrease Three Months Ended Net Sales $23.3 $44.8 -48% Net Income $0.6 $6.7 -91% Net Income per share: Basic $0.03 $0.40 -93% Diluted $0.03 $0.40 -93% Nine Months Ended Net Sales $70.1 $145.3 -52% Net Income $0.6 $23.3 -97% Net Income per share: Basic $0.03 $1.40 -98% Fully Diluted $0.03 $1.40 -98% "We are encouraged by the modest rebound in sales and incoming order activity that began in the third quarter," said Allen Carlson, Sun's president and CEO. "The sequential revenue increase and recognition of the full benefit of our employee furlough programs helped earnings turn positive for the quarter.""Like many others in the industrial sector, we are cautiously optimistic," Carlson acknowledged. "Our fourth quarter forecast represents a 12% sequential sales increase in what is historically the weakest quarter of the year. We be...Click here to read the whole Article (external link)
SUN HYDRAULICS CORP Financials
PERIOD ENDING26-Sep-0927-Jun-0928-Mar-0927-Dec-08Total Revenue23,316 21,607 25,208 32,936 Cost of Revenue17,965 17,374 19,629 24,725 Gross Profit5,351 4,233 5,579 8,211 Operating ExpensesResearch Development - - - - Selling General and Administrative4,928 4,867 4,775 5,537 Non Recurring - - - - Others - - - - Total Operating Expenses - - - - Operating Income or Loss423 (634)804 2,674 Income from Continuing OperationsTotal Other Income/Expenses Net146 (268)(81)481 Earnings Before Interest And Taxes569 (902)723 3,155 Interest Expense - - - - Income Before Tax569 (902)723 3,155 Income Tax Expense15 (365)171 675 Minority Interest - - - - Net Income From Continuing Ops554 (537)552 2,480 Non-recurring EventsDiscontinued Operations - - - - Extraordinary Items - - - - Effect Of Accounting Changes -...Click here to read the whole Article (external link)
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