Shiloh Industries, Inc. (NASDAQ: SHLO) on February 26, 2014 reported financial results for its first quarter ended January 31, 2014. First Quarter Fiscal Year 2014 vs. 2013 Highlights: Sales revenue for the quarter was $183.5 million, an improvement of 26.2 percent. Gross profit for the quarter improved over 66 percent and was $17.8 million, or 9.7 percent of sales revenue. Operating income for the quarter improved 94 percent to $8.0 million. Net income per share diluted improved 93 percent to $0.29 for the quarter, compared to net income of $0.15 per share diluted. Shiloh Industries, Inc. (NASDAQ:SHLO) weekly performance is 787%. On last trading day company shares ended up $57. Shiloh Industries, Inc. (NASDAQ:SHLO) distance from 50-day simple moving average (SMA50) is 7.10%.
India Globalization Capital, Inc. (NYSE MKT: IGC), announced that it has commenced a comprehensive review of potential acquisition candidates as part of its previously stated diversification mandate. IGC’s Board has approved several efforts to increase shareholder value including: IGC intends to change its corporate name from India Globalization Capital to IGC Inc. to more accurately reflect its expanded focus, IGC plans to become an “umbrella” of diverse businesses where mining, materials and the acquisition of distressed mining assets will be just one of several expected business lines, and IGC is reviewing opportunities in other targeted areas including technology, logistics and specialty pharmaceuticals, with a focus on capitalizing on specific niches within these areas such as solar energy, medical marijuana and cleantech. India Globalization Capital, Inc. (NYSEMKT:IGC) shares after opening at $0.77 on last trade day and at the end of the day closed at $0.740. Company price to sales ratio in past twelve months was calculated as 1.51 and price to cash ratio as 14.31. India Globalization Capital, Inc. (NYSEMKT:IGC) showed a negative weekly performance of -13.95%.
Ameresco Inc (NYSE:AMRC), announced financial results for the fiscal quarter and year ended December 31, 2013. Fourth Quarter 2013 Financial Highlights: Revenues of $176.1 million, Net income of $1.6 million, Net income per diluted share of $0.03: Full Year 2013 Financial Highlights: Revenues of $574.2 million , Net income of $2.4 million, and Net income per diluted share of $0.05 Ameresco Inc (NYSE:AMRC) weekly performance is 787%. On last trading day company shares ended up $7.52. Ameresco Inc (NYSE:AMRC) distance from 50-day simple moving average (SMA50) is -24.00%. Analysts mean target price for the company is $9.75.
Ply Gem Holdings Inc (NYSE:PGEM) reports Q4 (Dec) loss of $0.26 per share, $0.02 worse than the Capital IQ Consensus Estimate of ($0.24); revenues rose 23.9% year/year to $332.9 mln vs the $332.61 mln consensus. Net sales in Windows and Doors segment increased 31.5% while the Siding, Fencing and Stone segment increased 17.7%. Excluding the impact of the acquisitions of Gienow and Mitten, net sales increased $8.9 million or 3.3%. Our organic sales were relatively stable for the fourth quarter despite all businesses experiencing a decline in demand during the last five weeks of the year. We believe the decrease in demand was largely driven by severe winter weather and a pull-back in the new construction housing market. Co issues downside guidance for Q1, sees Q1 revs of -15-20% QoQ to ~$266.3-283.0 mln vs. $318.88 mln Capital IQ Consensus Estimate. Ply Gem Holdings Inc (NYSE:PGEM) shares advanced -3.99% in last trading session and ended the day on $11.55. PGEM return on equity ratio is recorded as 40.30% and its return on assets is -7.80%.