Paul Corr - Espey Mfg Independent Director

ESP Stock  USD 28.94  0.71  2.39%   

Director

Mr. Paul J. Corr is Independent Director of the Company. He is Certified Public Accountant who was a Principal at Capital Financial Advisors of New York, LLC, Clifton Park, NY since 2003. Mr. Corr is currently Visiting Professor of Management and Business at Skidmore College where he teaches financial accounting theory and financial analysis. In May 2007, he had retired from Skidmore College where he had taught since 1981. Mr. Corr was also a shareholder in the Clifton Park, NY accounting firm of Rutnik Corr, P.C. from July 1999 through August 2011, and he had practiced as a certified public accountant for many years prior to 1999. since 1992.
Age 74
Tenure 32 years
Address 233 Ballston Avenue, Saratoga Springs, NY, United States, 12866-4755
Phone518 584 4100
Webhttps://www.espey.com

Paul Corr Latest Insider Activity

Tracking and analyzing the buying and selling activities of Paul Corr against Espey Mfg stock is an integral part of due diligence when investing in Espey Mfg. Paul Corr insider activity provides valuable insight into whether Espey Mfg is net buyers or sellers over its current business cycle. Note, Espey Mfg insiders must abide by specific rules, including filing SEC forms every time they buy or sell Espey Mfg'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

Espey Mfg Management Efficiency

The company has Return on Asset of 0.0786 % which means that on every $100 spent on assets, it made $0.0786 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1507 %, implying that it generated $0.1507 on every 100 dollars invested. Espey Mfg's management efficiency ratios could be used to measure how well Espey Mfg manages its routine affairs as well as how well it operates its assets and liabilities. As of 11/22/2024, Return On Tangible Assets is likely to grow to 0.11. Also, Return On Capital Employed is likely to grow to 0.17. At this time, Espey Mfg's Total Current Liabilities is relatively stable compared to the past year. As of 11/22/2024, Change To Liabilities is likely to grow to about 4.6 M, while Liabilities And Stockholders Equity is likely to drop slightly above 34 M.
Espey Mfg Electronics has 15.27 M in debt with debt to equity (D/E) ratio of 0.29, which may show that the company is not taking advantage of profits from borrowing. Espey Mfg Electronics has a current ratio of 4.77, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Note however, debt could still be an excellent tool for Espey to invest in growth at high rates of return.

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Espey Mfg. Electronics Corp., a power electronics design and original equipment manufacturing company, designs, manufactures, and tests electronic equipment primarily for use in military and industrial applications in the United States and internationally. Espey Mfg. Electronics Corp. was incorporated in 1928 and is based in Saratoga Springs, New York. Espey Mfg operates under Electrical Equipment Parts classification in the United States and is traded on AMEX Exchange. It employs 150 people. Espey Mfg Electronics (ESP) is traded on NYSE MKT Exchange in USA. It is located in 233 Ballston Avenue, Saratoga Springs, NY, United States, 12866-4755 and employs 148 people. Espey Mfg is listed under Electrical Components & Equipment category by Fama And French industry classification.

Management Performance

Espey Mfg Electronics Leadership Team

Elected by the shareholders, the Espey Mfg's board of directors comprises two types of representatives: Espey Mfg inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Espey. The board's role is to monitor Espey Mfg's management team and ensure that shareholders' interests are well served. Espey Mfg's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Espey Mfg's outside directors are responsible for providing unbiased perspectives on the board's policies.
Michael Wool, Independent Director
Howard Pinsley, Non-Executive Chairman of the Board
Peggy Murphy, Secretary, Director - Human Resources and Facility Security Officer
Barry Potoker, Director Relations
Patrick Enright, President, Chief Executive Officer, Director
Alan Winslow, Chief officer
Jennifer Pickering, Chief Secretary
Alvin Sabo, Independent Director
Katrina Sparano, Chief Accounting Officer, Assistant Treasurer
Barry Pinsley, Independent Director
Paul Corr, Independent Director
Carl Helmetag, Independent Director
Roger Sexauer, Independent Director
David ONeil, Chief Financial Officer, Executive Vice President, Treasurer, Director

Espey Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Espey Mfg a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Espey Mfg

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Espey Mfg position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Espey Mfg will appreciate offsetting losses from the drop in the long position's value.

Moving together with Espey Stock

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Moving against Espey Stock

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The ability to find closely correlated positions to Espey Mfg could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Espey Mfg when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Espey Mfg - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Espey Mfg Electronics to buy it.
The correlation of Espey Mfg is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Espey Mfg moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Espey Mfg Electronics moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Espey Mfg can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Espey Stock Analysis

When running Espey Mfg's price analysis, check to measure Espey Mfg's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Espey Mfg is operating at the current time. Most of Espey Mfg's value examination focuses on studying past and present price action to predict the probability of Espey Mfg's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Espey Mfg's price. Additionally, you may evaluate how the addition of Espey Mfg to your portfolios can decrease your overall portfolio volatility.