Accuride Corp.

Company Details:

Company Symbol: ACW
Sector: Heavy Trucks & Equipment
Company Rating:

Related Research

  • 11/22/16 Morning Note B. Riley AM Note: ACW (discontinuing), GDDY (upgrade), MCS, MRVL, VSAT
  • 11/22/16 Update ACW ($1.27; Not Rated): Discontinuing Coverage Following Completed Acquisition By Crestview
  • 09/06/16 Morning Note B. Riley AM Note: ACW, DRAD, FNSR, IDCC, ROVI
  • 09/06/16 Update ACW ($2.58, Neutral; $2.58 PT): Divests Brillion to MPG; Receives $2.58/sh Bid From PE; Deal Price Strikes Us As Low For a Pure Play CV Supplier, Particularly Given ACW’s Int’l Optionality
  • 07/27/16 Morning Note B. Riley AM Note: ACLS, ACW, ADI, AKAM, AMAT, AVGO, BOOT, CL, COLM, CTG, DECK, DMRC, DORM, FORM, HZO, IDCC, KTCC, LLTC, LRCX, NTRI, NWL, PRGX, RCKY, RGC, RLH, RNWK, SWKS, UA, VVI, WWW
  • 07/27/16 Update ACW ($1.27, Neutral; $1.50 PT): Reports Mixed Q2; Lowers 2016 Sales Guidance and Negatively Narrows AEBITDA Guidance; External Headwinds Persist; Maintain Neutral, PT to $1.50
  • 05/05/16 Morning Note B. Riley AM Note: ACW, AOSL, CLX, CSOD, DTSI, EL, EMKR, GDDY, HDSN, III, KE, KLIC, KTOS, LITE, MBUU, MCHP, NCMI, NSSC, OCLR, PCOM, PFSW, SPA, SRI, TACT, TST, VSAT, WEYS, XOXO, ZUMZ
  • 05/05/16 Update ACW ($1.58, Neutral; $1.90 PT): Reports Q1 Miss and Lowers CV Expectations; Maintains Reiterates 2016 Guidance While Lowering Class 8 & Aftermarket Expectations; Maintain Neutral
  • 02/29/16 Morning Note B. Riley AM Note: ACW, CVU, DCO, DRAD, FL, JCP, LGF, PBH, PRGX, SMTC, UFAB, WMAR; Internet (DMD, PCOM, XOXO)
  • 02/29/16 Update ACW ($1.07, Neutral; $1.90 PT): Reports Mildly Disappointing 4Q15 Results; Reiterates 2016 Guidance; 3 Steps Needed to Unlock Sustainable Value; Maintain Neutral
  • 02/10/16 Morning Note B. Riley AM Note: ACW, AKAM, AMRK, APPS, BHE, BLKB, CALD, ELNK, EVOL, KIRK, LLNW, MPAA, MTSN, MXIM, RGC, RNWK, SKX, TXN, UTEK, VSAT; Boardsports (DECK, NKE, VFC), Semi. Cap. Equipment (CSCD, FORM), Shoes (COLM, DECK, RCKY, VFC, WWW)
  • 01/04/16 Update ACW ($1.66, Neutral; $1.90 PT): Gianetti Opportunity is Intriguing, But N. Am. Softness & High Yield Inaccessibility Rule the Day; Lowering PT to $1.90; Reiterate Neutral
  • 01/04/16 Morning Note B. Riley AM Note: ACW, BOOT, COLM, DECK, DWA, IMAX, RCKY, SRI, UA, VFC, WWW; Box Office, January Focus List Update (CHKE, DMRC, EMKR, FTD, GUID, IMAX, ISIL, KTOS, MWW, RUBI)
  • 11/03/15 Morning Note B. Riley AM Note: ACW, AMC, CKEC, COTY, EL, ELNK, FC, FN, GUID, HEAR, IVAC, KTOS, NLS, P, PBH, RTEC, TROX, TST, VIAV
  • 11/03/15 Update ACW ($2.61, Neutral; $3.00 PT): Severe Brillion Deterioration & Peaking North American CV Cycle Leave a Dearth of Catalysts to Unlock Value; Downgrading to Neutral
  • 07/28/15 Morning Note B. Riley & Co. Morning Notes: ACW, AKAM, AMC, AVP, CKEC, CL, DECK, FORM, GIG, GPX, IMMR, MTSN, MWW, NTCT, NTRI, OUTR, PCMI, PG, SIMO, SONS, SHOO, Semi Cap Eqp (CSCD, LRCX, COHU, KLAC), Semiconductors (SLAB, ISIL, BRCM, ON)
  • 07/28/15 Update ACW ($3.70, Buy; $5.00 PT): Despite Brillion Weakness, ACW Beats Bottom-Line and Maintains FY 2015 EBITDA & FCF Guidance
  • 07/24/15 Morning Note B. Riley & Co. Morning Notes: ACW, AMZN, BHE, CHKE, GIG, HEAR, IMAX, KMB, MCS, MXIM, P, PLXS, SWKS, TRUE, TYL, UTEK
  • 07/24/15 Update ACW ($3.71, Buy; $5.00 PT): Focus Remains On Pending Refi as CV Cycle Thesis Unfolds; Reducing PT to $5 on Cautious Brillion View & Potentially Higher Refi Rate
  • 04/29/15 Morning Note B. Riley & Co. Morning Notes: ACW, AKAM, AXTI, BCOV, CLX, CTG, DORM, FLWS, IIVI, IMAX, IMMR, LLNW, PCMI, PRGX, SIMO
  • 04/28/15 Update ACW ($4.40, Buy; $6.40 PT): Accuride Beats Again, Reaffirming FY Outlook; Announces New Business Wins at Wheels & Gunite; Reiterate Buy and $6.40 PT Ahead of Refi
  • 03/31/15 Morning Note B. Riley & Co. Morning Notes: ADI, FC, IMMR, OUTR, TUP; Commercial Vehicle (ACW, REMY), Internet (AMZN, ANGI, GRPN, YELP)
  • 03/30/15 Update B. Riley & Co. Industry Update - Commercial Vehicle (ACW, REMY)
  • 03/04/15 Morning Note B. Riley & Co. Morning Notes: ACW, ATNY, BBY, BV, FNSR, MEI, NPTN, PCOM, PRGX, SSI, TIVO
  • 03/04/15 Update ACW ($4.86, Buy; $6.40 PT): Reports Q4 In line With Preannouncement; Reaffirms 2015 Outlook; Raising Estimates Slightly (Again); Reiterate Buy & $6.40 PT
  • 02/12/15 Morning Note B. Riley & Co. Morning Notes: ACW, AMAT, CSOD, IMMR, LGF, NVDA, RLD, RNWK, SKX, STMP
  • 02/12/15 Update ACW ($4.88, Buy; $6.40 PT): Let the Good Times Roll; Raising Estimates & PT to $6.40 Following Stronger Than Expected 2015 Guidance
  • 11/04/14 Morning Note B. Riley & Co. Morning Notes: ABTL, ACW, AVP, CKEC, CSOD, CTP, ELNK, FN, GSM, GUID, IDSY, NCMI, NLS, NTRI, OCLR, RLD, RNWK, RTEC, SNDK, SUP, TROX, TST, WWWW
  • 11/04/14 Update ACW ($4.74, Buy; $6.00 PT): Beat and Raise Solidifies Upgrade Thesis, But Best is Yet to Come; Refi Likely to be Coupled with TAM Expansion; Reiterate Buy & 6.00 PT
  • 10/27/14 Update ACW ($4.28, Buy; $6.00 PT): Upgrading to Buy with $6.00 Price Target; As ACW Approaches Massively Accretive Refi, This $200MM MCap Could Generate $40MM+ in FCF
  • 10/27/14 Morning Note B. Riley & Co. Morning Notes: ACW, CL, GIG, IIVI, PG, PRGX, REIS; Optical Components (EMKR, FN, FNSR, IIVI, JDSU, NPTN, OCLR, OPLK)
  • 07/30/14 Morning Note B. Riley & Co. Morning Notes: ABTL, ACW, ADI, CALD, CAMT, DWA, EVOL, HGG, KLIC, MOVE, NTRI, OPLK, PCTI, PRGX, PSUN, REIS, REMY, SIMO, SNDK, UNTD, WWWW; Exhibitors
  • 07/29/14 Update ACW ($5.18, Neutral; $4.50 PT): Impressive Gunite Turnaround, But Upside Requires Market Share Gains
  • 04/29/14 Morning Note B. Riley & Co. Morning Notes: ACW, AKAM, AXTI, BCOV, DCO, EXAR, FORM, GPX, IEC, IIVI, IVAC, JDSU, NEWP, NOW, OPLK, PPC, PRGX, RTEC, SIMO, SSI, SWKS, TIBX, TYPE, VCRA; Consumer Products Weekly
  • 04/29/14 Update ACW ($4.97, Neutral; $4.00 PT): Margins Impress as the Cycle Ascends; Market Share Gains + Debt Reduction Likely Needed to Reach Meaningful, Sustainable Profitability
  • 04/25/14 Update ACW ($4.76, Neutral; $4.00 PT): Earnings Preview: Expect Q1 Beat and Potential Guidance Raise
  • 04/01/14 Morning Note B. Riley & Co. Morning Notes: ABTL, ACW, ARTX, CWTR, FC, REMY, WYY; Focus List Update
  • 04/01/14 Update ACW ($4.43, Neutral; $4.00 PT): Highlights From MATS Meetings; Stronger Class 8 Production and Harsh Winter Weather Should Help ACW Narrow 2014 Losses; Maintain Neutral
  • 03/04/14 Morning Note B. Riley & Co. Morning Notes: ACW, CACH, CSGP, FNSR, ODP, REIS, SWKS, WWWW; Consumer Products, Focus List Update
  • 03/04/14 Update ACW ($4.49, Neutral; $4.00 PT): 4Q13 Below Expectations; 2014 Guidance Suggests Profitability Unlikely Before 2015; Trimming Estimates, PT to $4.00; Maintain Neutral
  • 11/04/13 Update B. Riley & Co. Morning Notes: ACW, CBS, CPSI, CVU, EL, ELNK, JMBA, Media (BTN, CKEC, CIDM, CNK, DCIN, IMAX, MCS, NCMI, RLD, RGC), MSG, SUP
  • 11/04/13 Update ACW ($3.64, Neutral; $4.25 PT): Déjà Vu; Q3 Shortfall and Lowered Guidance Send Shares in Free Fall; Downgrading to Neutral and Cutting PT From $7.00 to $4.25
  • 10/31/13 Morning Note B. Riley & Co. Morning Notes: ACCL, AOSL, AXTI, BIRT, DRCO, GLUU, GSM, GUID, ISIL, JDSU, KONA, MCHP, MDAS, MRGE, MSG, NCMI, PCTI, RDEN, REMY, ROVI, SWKS, WWWW
  • 10/07/13 Morning Note B. Riley & Co. Morning Notes: ABTL, ACW, BC, DCIN, FINL, HZO, Media (BTN, CKEC, CIDM, CNK, DCIN, IMAX, MCS, NCMI, RLD, RGC), NVDA, OUTR, SRI
  • 10/04/13 Update ACW ($5.05, Buy; $7.00 PT): Trimming Estimates on Lower NAFTA CV Expectations, Continued Brillion Softness; PT from $7.25 to $7.00; Expect In Line 3Q13; Reiterate Buy
  • 08/05/13 Morning Note B. Riley & Co. Morning Notes: ACW, AVP, CBS, CLX, DCO, DIS, Media (BTN, CKEC, CNK, DCIN, IMAX, NCMI, MCS, RLD, RGC), NVDA, OMX, PBH, PG, SRI, SUP, TROX, VIAB
  • 08/02/13 Update ACW ($5.14, Buy; $7.25 PT): Favorable Imperial Divestiture to Help Unlock Value in Wheels Asset; ACW Looks Fixed & Ready to Grow; Raising PT to $7.25; Reiterate Buy
  • 07/15/13 Update ACW ($5.49, Buy; $6.75 PT): Raising Q2 & 2013 Estimates on Stronger NAFTA Class 8 Production; Accuride Poised to Double EBITDA Q/Q in Q2; Reiterate Buy & $6.75 PT
  • 07/15/13 Morning Note B. Riley & Co. Morning Notes: ACW, ATHN, BRCM, CREE, DWA, FSLR, LEDS, Media (CKEC, CNK, DCIN, IMAX, MCS, RLD, RGC), PRGO, SIX, SLAB, SPWR, SRI, WFR, YHOO
  • 04/25/13 Morning Note B. Riley & Co. Morning Notes: ACW, AMZN, ANGI, BIRT, CAKE, CLRO, COHR, DAVE, GFN, HSKA, ISIL, LOV, LRCX, MTSN, PG, RLD, SKX, SLAB, STMP, SYMM, TUP
  • 04/25/13 Update ACW ($4.75, Buy; $6.75 PT): Q1 Beat Driven By Share Gains and Sequential Margin Improvement
  • 04/15/13 Update ACW ($4.76, Buy; $6.75 PT): Highlights From Investor Meetings: 2011-’12 Investments Form Foundation For Improved Financial Performance as CV Cycle Turns in ‘13
  • 04/15/13 Morning Note B. Riley & Co. Morning Notes: ACW, ASML, BRCM, LAMR, MAT, Media (CKEC, CIDM, CNK, DCIN, IMAX, RLD, RGC), NFLX, PII
  • 03/26/13 Morning Note B. Riley & Co. Morning Notes: ACW, AFOP, BBY, BC, BJRI, CL, GME, PCTI, TIVO, TROX
  • 03/25/13 Morning Note B. Riley & Co. Morning Notes: ACW, CSTR, DWA, LGF, Media (CKEC, CIDM, CNK, DCIN, IMAX, RGC), ONNN, RLD, TUP
  • 03/22/13 Update ACW ($5.48, Buy; $6.75 PT): MATS Supports View of NT Class 8 Bottom and Breadth of Recovery Across Class 5-8; VIPAR Win Incremental Positive; Raising PT to $6.75 from $6.00
  • 03/08/13 Morning Note B. Riley Caris Morning Notes: ACW, CSTR, DIS, EVOL, FNSR, HOTT, Media (CKEC, CNK, DCIN, IMAX, RLD, RGC), Medical Technology (ATHN, CERN, GWAY, MCK, MDRX, QSII), REIS, TXN, WFR, XOXO, ZQK
  • 03/08/13 Update ACW ($4.40, Buy; $6.00 PT): Guides 2013 In Line; Q1 Shaping Up As Cyclical Bottom; Raising Estimates and Price Target to $6.00 from $5.50
  • 02/14/13 Morning Note B. Riley Caris Morning Notes: ACW, AMAT, ANGI, ATNY, CIDM, GFN, LIOX, MPAA, NVDA, ROVI, SKX, SPRT, STMP, TTGT, TWX, VCLK, WFR
  • 02/13/13 Update ACW ($4.21, Buy; $5.50 PT): Pre-Announces 4Q12 Upside; Management Remains Confident in DD% Gunite EBITDA% By 1Q14, Possibly Earlier; Reiterate Buy and $5.50 PT
  • 02/13/13 Morning Note B. Riley Caris Morning Notes: ACW, AVP, BRCM, BWLD, HOTT, PPC, SKX
  • 02/08/13 Morning Note B. Riley Caris Morning Notes: ACW, API, CALD, CSTR, IMPV, LGF, MCHP, NLS, ONNN, Retail Apparel (HOTT, SSI, WTSLA, ZUMZ), RGC, SBH, SPWR, SRI, WWWW
  • 02/08/13 Update ACW ($3.74, Buy; $5.50 PT): Model Maintenance – Lowering 2013 Class 8, Raising 5-7 Assumptions Slightly and Incorporating Previously Announced Aluminum Share Gains
  • 12/10/12 Morning Note B. Riley & Co. Morning Notes: ACW, CSTR, EVOL, Industry Update: Exhibitors (CKEC, CNK, IMAX, RGC, RLD)
  • 12/07/12 Update ACW (Buy; $5.50 PT): Gunite Analyst Day Suggests a Long and Challenging Road to DD% EBITDA Absent NAV and PCAR; NT Upside Driven by Volume; Aluminum Share Gains Loom
  • 11/16/12 Morning Note B. Riley & Co. Morning Notes: ACW, CKEC, CLRO, FCS, KKD, NEWP, SSI, WTSLA, Optical Component Industry
  • 11/16/12 Update ACW (Buy; $5.50 PT): Highlights From Our Weekly Management Call With Accuride’s CEO & CFO
  • 11/05/12 Morning Note B. Riley & Co. Morning Notes: ACW, BANC, BOFI, CNK, DMD, HAFC, Industry Update: Exhibitors, PCTI, Q3 '12 Earnings Preview, RBCN, VSAT
  • 11/05/12 Update ACW (Buy; $5.50 PT): Reports Awful Q3 Coupled with Cautious Outlook; Underlying Assets Now Severely Undervalued as Unwarranted Liquidity Fears & Investor Frustration Pressure Shares
  • 11/01/12 Morning Note B. Riley & Co. Morning Notes: ACCL, ACW, CALD, COHR, CWTR, DRCO, GSM, HOTT, IVAC, NEWP, NGNM, NLS, OFG, OPNT, PPC, SALM, UNTD, VCLK, ZUMZ, Focus List for the Month of November: AEO, ARAY, BBRG, BC, DRL, EMKR, KTOS, LIOX, PHH, SIX, TIVO, VECO, WWWW
  • 10/11/12 Morning Note B. Riley & Co. Morning Notes: ACW, ATNY, CAMP, CREE, PPC, TIVO
  • 10/11/12 Update ACW (Buy; $6.00 PT): Accuride Warns and Withdraws Guidance; NAV & PCAR Dropping Gunite
  • 10/08/12 Morning Note B. Riley & Co. Morning Notes: ACW, Industry Update: Exhibitors (CKEC, CNK, IMAX, RLD, RGC), IVAC, OCLR, SRI, WTSLA
  • 10/08/12 Update ACW (Buy; $6.00 PT): Reducing Estimates (Again) to Reflect Lower 2013 CV Volume; ACW Now Tasked With Executing Its Turnaround in a Deteriorating/Low Visibility Environment
  • 08/31/12 Morning Note B. Riley & Co. Morning Notes: ACW, CVBF, FNSR, SIMO, SIX, SSI, UMPQ, WTSLA, ZUMZ
  • 08/31/12 Update ACW (Buy; $9.00 PT): Demand Weakening at Brillion; Cutting PT From $12 to $9 on Near-term Concerns; Sum of the Parts Analysis Shows Potential to Unlock Additional Upside
  • 08/28/12 Morning Note B. Riley & Co. Morning Notes: ACW, Industry Update: Retail (SSI, WTSLA, ZUMZ), PPC, RLD, SABA, SUPX, VCLK
  • 07/30/12 Morning Note B. Riley & Co. Morning Notes: ACW, ANH, Exhibitors and Related Technology (CKEC, CNK, IMAX, RGC, RLD), GBCI, GPX, KEYN, PPC, Q2 '12 Earnings Preview, SIMO, SNAK
  • 07/30/12 Update ACW (Buy; $12.00 PT): Accuride Delivers Brilliont Q2; Outlook Provides Incremental Validation of Turnaround Thesis; Reiterate “Buy” and $12 PT
  • 07/27/12 Morning Note B. Riley & Co. Morning Notes: ACW, AIXA, BJRI, BC, COHR, CMO, CPF, CSGP, CSTR, DAVE, DRCO, FCAL, GSIT, HZO, IMAX, ITI, RGC, SHOO, SIMO, VECO, WWWW
  • 07/26/12 Morning Note B. Riley & Co. Morning Notes: ACW, AKAM, ANGI, AXTI, CAKE, COHR, DRCO, EXAR, EXAS, HTS, ISSI, PCTI, PFBC, PPC, RMBS, SKX, STMP
  • 07/10/12 Morning Note B. Riley & Co. Morning Notes: ACW, BEBE, KTOS, PACW, PCTI, SRI, Clean Energy Semiconductors - LEDs (AIXA.DE, CREE, RBCN, VECO)
  • 07/10/12 Update ACW (Buy; $12.00 PT): Retooling Our Model for a Protracted Cycle with Lower 2013E Volume
  • 04/25/12 Morning Note B. Riley & Co. Morning Notes: ACW, BBCN, BC, BOH, BWLD, CTGX, ELNK, IIVI, Laser Industry, PCTI, PPC, PVSW, SIMO, SKX, WIBC
  • 04/25/12 Update ACW (Buy; $13.00 PT): Accuride Delivers Slight Q1 Beat; We Continue to See 2H12 as Margin Inflection Point
  • 04/23/12 Morning Note B. Riley & Co. Morning Notes: ACW, BC, BPOP, CSTR, CYN, DRCO, GBCI, HSKA, MPAA, NFLX, PPC, PVSW, SIX, STMP, VECO, Industry Update: Exhibitors and Related Technologies
  • 04/18/12 Morning Note B. Riley & Co. Morning Notes: ACW, ARR, BPOP, CATY, CHRS, CREE, CSGP, CYN, GBCI, HAFC, IMAX, KTOS, LOOP, RKN, RLD, YHOO
  • 03/26/12 Morning Note B. Riley & Co. Morning Notes: ACW, CHRS, CKEC, CNK, PCTI, RGC
  • 03/06/12 Morning Note B. Riley & Co. Morning Notes: ACW, AEO, GFN, HOTT, JMBA, MPAA, PCOM, RLD
  • 03/02/12 Morning Note B. Riley & Co. Morning Notes: ABTL, ACW, KCP, SNAK, VRML, WTSLA
  • 03/02/12 Update ACW (Buy; $13.00 PT): Reports Progress in Q4 and YTD; Guidance Looks Conservative; We See Upside Potential and Compelling Risk/Reward Profile
  • 03/01/12 Morning Note B. Riley & Co. Morning Notes: ACW, AXTI, BC, CKEC, DRL, EWBC, FNSR, GPX, GSM, HOTT, JMBA, KTOS, LIOX, MSPD, MYGN, PPC, TWO, WWWW, ZUMZ
  • 02/28/12 Morning Note B. Riley & Co. Morning Notes: ABTL, ACW, CAMP, FNSR, GPX, HSKA, PCOM, PCTI, SNAK
  • 02/07/12 Morning Note B. Riley & Co. Morning Notes: ACW, CALD, CSTR, GHDX, GSM, OCLR, OPXT, SABA, STMP, VSAT, VTSS
  • 02/07/12 Update ACW (Buy; $13.00 PT): Truck Orders and Outlook from Truck OEMs Tracking In Line; Trimming Margin Assumptions; Continue to See 2H12 as Margin Inflection Point
  • 11/18/11 Update ACW (Buy; $13.00): Takeaways from Gunite and Erie site visits; rated Buy w/ $13 target
  • 11/18/11 Morning Note B. Riley & Co. Morning Notes: ACW, GLUU, JACK, SIMG, TWO, WTSLA, Optical Components
  • 10/27/11 Morning Note B. Riley & Co. Morning Notes: ACW, AKAM, AXTI, CLFC, DAVE, HTS, ISSI, NARA, NEWP, OPLK, PCTI, PPC, SKX, SNAK, STMP, SYMM, TRMK
  • 10/26/11 Update ACW (Buy; $13): Q3 In Line; On Track for Growth and Massive Margin Expansion in 2012; Reiterate “Buy” Rating and $13 Target
  • 10/24/11 Morning Note B. Riley & Co. Morning Notes: ACW, CYN, EXAR, HAFC, IIVI, KONA, PACW, PFBC, PPC, PRGX, PRSP, PVSW, RNST, TBBK