ZOLT Zoltek Companies Inc. featured news, full reports, and detailed charts
Zoltek Companies Inc. (ZOLT) Wrap Up:
Zoltek Companies, Inc. through its subsidiaries, develops, manufactures, and markets carbon fibers and technical fibers in the United States. Its carbon fibers are used in a range of commercial products, as well as in reinforcement material in composites, carbon fiber composite products, and filament winding equipment used in the composite industry. The company’s technical fiber is a stabilized and oxidized acrylic fiber used in flame and heat-resistant applications; and oxidized acrylic fibers are used to manufacture aircraft brake pads for heat/fire barrier applications. In addition, it sells filament winding and pultrusion equipment used in the production of large volume composite parts. ...Zoltek Companies Inc. (ZOLT:NASDAQ)
Snapshot of Zoltek Companies Inc. (ZOLT)
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OPEN
$9.21
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PREVIOUS CLOSE
$9.36
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DAY HIGH
$9.60
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DAY LOW
$9.21
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52 WEEK HIGH
06/5/09 - $12.63
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52 WEEK LOW
11/21/08 - $4.29
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MARKET CAP
325.4M
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AVERAGE VOLUME 3 mo
178.1K
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DILUTED EPS TTM
$-0.06
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SHARES OUTSTANDING
34.4M
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ZOLT Does Not Pay Dividends
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P/E TTM
NM
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| K = Thousands M = Millions B = Billions | ||
related news
ZOLT Top Compensated Officers
Executives, Board Directors
Key developments for Zoltek Companies Inc. (ZOLT)
Zoltek Companies Inc. announced that they will report Q4, 2009 results on November 30, 2009.
Zoltek Companies Inc. announced that it has entered into a technology and marketing agreement with Global Blade Technology. Zoltek and GBT are joining forces to accelerate the design and manufacture of advanced wind turbine blades utilizing Zoltek carbon fibers. GBT offers design, engineering, prototype development, testing and manufacturing assistance for new and existing wind turbine and independent turbine blade manufacturers. The combination of GBT's expertise as the first fully integrated rotor blade designer, and Zoltek's ability to offer reliable low-cost carbon fiber supplies in high volumes, will accelerate adoption of carbon fibers as wind turbine blade lengths continue to increase. Under the agreement, GBT has agreed to actively promote Zoltek carbon fibers in the development of blade designs when the performance parameters require the superior properties of carbon fibers. Zoltek has agreed to offer its low-cost assured supply of high-performance carbon fibers to GBT's clients who seek design assistance or other technical support in the development and production of the super-long blades used in the most advanced and powerful wind turbines.
Zoltek Companies Inc. reported unaudited earnings results for the third quarter and nine months ended June 30, 2009. For the quarter, the company reported net loss of $1,429,000 or $0.04 per basic and diluted share on net sales of $30,306,000 compared to net income of $2,309,000 or $0.07 per basic and diluted share on net sales of $44,950,000 in the same period of previous year. Operating loss was $225,000 against operating income of $7,271,000 in the same period of previous year. Loss from operations before income taxes was $756,000 against income from operations before income taxes of $3,774,000 in the same period of previous year. Capital expenditures were $2,421,000 against $32,425,000 in the same period of previous year. For the nine months ended June 30, 2009, the company reported net loss of $421,000 or $0.01 per basic and diluted share on net sales of $104,941,000 compared to net income of $9,231,000 or $0.27 per basic and diluted share on net sales of $134,603,000 in the same period of previous year. Operating income was $5,300,000 against $20,380,000 in the same period of previous year. Income from operations before income taxes was $1,382,000 against $14,105,000 in the same period of previous year. Capital expenditures were $15,475,000 against $57,130,000 in the same period of previous year. The company have generated positive operating cash flow both for the quarter and the year.
ZOLT Competitors
| Company | Last | Change |
| Cytec Industries Inc | $34.75 USD | -0.11 |
| Hexcel Corp | $10.90 USD | +0.03 |
| Mitsubishi Rayon Co Ltd | ¥368.00 JPY | +17.00 |
| SGL Carbon | €22.69 EUR | -0.46 |
| Toray Industries Inc | ¥470.00 JPY | +10.00 |
| Market data is delayed at least 20 minutes. | ||
Industry Analysis
| Valuation | ZOLT | Industry Range |
| Price/Earnings | NM | Not Meaningful |
| Price/Sales | 2.1x |
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| Price/Book | 1.0x |
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| Price/Cash Flow | NM | Not Meaningful |
| TEV/Sales | 1.8x |
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ZOLT |
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ZOLT transactions
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| No transactions in the last 6 months. | ||
More Recent News About Zoltek Companies Inc.
More news for ZOLT
Zoltek Reports Third Quarter Results
ST. LOUIS, Aug. 10, 2009 (GLOBE NEWSWIRE) -- Zoltek Companies, Inc. (Nasdaq:ZOLT - News) today reported results for the third quarter of its 2009 fiscal year. Zoltek's net sales for the third quarter of fiscal 2009, ended June 30, totaled $30.3 million, compared to $45.0 million in the third quarter of fiscal 2008, a decrease of 32.6%. Zoltek's operating income for the quarter was essentially break-even (an operating loss of approximately $0.2 million), which compares with operating income of $7.3 million in the third quarter of fiscal 2008. Zoltek reported a net loss of $1.4 million in the third quarter of fiscal 2009, compared to net income of $2.3 million in the third quarter of fiscal 2008. For the first nine months of fiscal 2009, Zoltek's net sales decreased 22.1% at $104.9 million, from $134.6 million in the first nine months of fiscal 2008. Operating income was $5.3 million for the first nine months of fiscal 2009, compared to $20.4 million in the first nine months of fiscal 2008. Zoltek reported a slight net loss (approximately $0.4 million) for the first nine months of fiscal 2009, compared to net income of $9.2 million in the first nine months of fiscal 2008. "Our short-term results have been severely affected by a sudden combination of unfavorable events -- truly, a perfect storm," said Zsolt Rumy, Zoltek's Chairman and Chief Executive Officer. "The good news is that we have generated positive operating cash flow -- both for the quarter and the year. That should position us to ride out the storm. More t...Click here to read the whole Article (external link)
ZOLTEK COMPANIES INC Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Exhi
Show all filings for ZOLTEK COMPANIES INC | Request a Trial to NEW EDGAR Online Pro Form 8-K for ZOLTEK COMPANIES INC 12-Aug-2009Results of Operations and Financial Condition, Financial Statements and Exhi 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 provi...Click here to read the whole Article (external link)
ZOLTEK COMPANIES INC Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits
Show all filings for ZOLTEK COMPANIES INC | Request a Trial to NEW EDGAR Online Pro Form 8-K for ZOLTEK COMPANIES INC 11-Sep-2009Regulation FD Disclosure, Financial Statements and Exhibits 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 ...Click here to read the whole Article (external link)
Zoltek Announces New Wind Energy Development Alliance
ST. LOUIS, Sept. 9, 2009 (GLOBE NEWSWIRE) -- Zoltek Companies, Inc. (Nasdaq:ZOLT - News) today announced that it has entered into a technology and marketing agreement with Global Blade Technology (GBT), of Utrecht, the Netherlands. Zoltek and GBT are joining forces to accelerate the design and manufacture of advanced wind turbine blades utilizing Zoltek carbon fibers. GBT offers design, engineering, prototype development, testing and manufacturing assistance for new and existing wind turbine and independent turbine blade manufacturers. We expect the combination of GBT's expertise as the first fully integrated rotor blade designer, and Zoltek's ability to offer reliable low-cost carbon fiber supplies in high volumes, will accelerate adoption of carbon fibers as wind turbine blade lengths continue to increase. "We are pleased to announce this alliance with GBT, which we believe can have strategic value to Zoltek by playing a key role in facilitating and speeding up the whole process of design and development at the leading edge of the wind turbine business," said Zsolt Rumy, Zoltek's Chairman and Chief Executive Officer. "GBT's founders are highly regarded in the industry for their expertise in the design and production of advanced wind turbine blades. GBT will be serving original equipment manufacturers in a variety of ways -- from design and engineering through various stages of manufacture, including supply of molds and production of prototype blades. We are gratified that GBT has recognized Zoltek's commercial carbon fiber...Click here to read the whole Article (external link)
Coverage initiated on Zoltek by Deutsche Securities
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