Ampco-Pittsburgh Board Members Resign Ahead of May 15

Ampco-Pittsburgh ( (AP) ) has issued an announcement.

On May 8, 2025, Frederick D. DiSanto and Stephen E. Paul announced their resignation from the Ampco-Pittsburgh Corporation’s Board of Directors, effective May 15, 2025, leading to a reduction in the Board’s size from ten to eight members. Additionally, on March 6, 2025, the Board approved an amendment to the 2016 Omnibus Incentive Plan, increasing the shares available for equity-based awards by 500,000, which was subsequently approved by shareholders on May 8, 2025. This move is expected to enhance the company’s ability to offer competitive compensation packages.

Spark’s Take on AP Stock

According to Spark, TipRanks’ AI Analyst, AP is a Neutral.

Ampco-Pittsburgh’s overall stock score reflects a mixed financial performance with some positive trends in profitability and cash flow but offset by high leverage and low net profit margins. The technical analysis suggests a neutral outlook, while the high P/E ratio raises valuation concerns. The earnings call provided a slightly positive sentiment, highlighting strengths in certain segments but also noting operational challenges.

To see Spark’s full report on AP stock, click here.

More about Ampco-Pittsburgh

Ampco-Pittsburgh Corporation operates in the industrial sector, focusing on the production of forged and cast engineered products and air and liquid processing equipment. The company serves a variety of markets, including steel, aluminum, and other metal industries, as well as the energy and transportation sectors.

Average Trading Volume: 30,624

Technical Sentiment Signal: Buy

Current Market Cap: $46.02M

For a thorough assessment of AP stock, go to TipRanks’ Stock Analysis page.