SIFCO Industries, Inc. (SIF) Has Surged 67% Since May. Here Is Why

SIFCO Industries, Inc. (NYSEAMERICAN:SIF) is among the 10 Best Low Priced Defense Stocks to Buy NowThe stock has surged nearly 67% since the announcement of second-quarter and first-half results for fiscal 2025 on May 16.

SIFCO Industries, Inc. (SIF) Has Surged 67% Since May. Here Is Why

Stock market data showing an upward trajectory. Photo by Burak The Weekender on Pexels

For the quarter ended March 31, the company reported net sales of $19 million, down 3% from last year, primarily due to raw material sourcing challenges. Despite the dip, SIFCO Industries, Inc. (NYSEAMERICAN:SIF) narrowed its net loss from continuing operations to $(0.22) per diluted share from $(0.38) in Q2 2024. Total net loss also declined to $1.4 million from $1.6 million in the prior year’s quarter.

The company’s half-yearly performance has also been impressive, with net sales growing 9% year-over-year to $39.9 million. Total net loss for the first six months of fiscal 2025 stood at $3.7 million, down from approximately $5 million during the same period last year. Moreover, SIFCO Industries, Inc. (NYSEAMERICAN:SIF)’s backlog continues to grow and was reported at $129.2 million, reflecting robust demand for the firm’s products.

SIFCO Industries, Inc. (NYSEAMERICAN:SIF) produces forgings and machined components for the aerospace, energy, defense, and commercial space markets. According to Insider Monkey’s database for Q1 2025, 3 hedge funds held a stake in the company.

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