ARTS WAY MANUFACTURING CO INC (ARTW)

Art's-Way Manufacturing Co., Inc. manufactures and distributes farm equipment products. It operates through the Agricultural Products, and Modular Buildings segments. The Agricultural Products segment manufactures a variety of specialized farm machinery under its own label including portable and stationary animal feed processing equipment and related attachments used to mill and mix feed grains into custom animal feed rations, a line of forage equipment consisting of forage boxes, bale processors, running gear, and dump boxes, a line of manure spreaders, sugar beet harvesting equipment, and a line of dirt work equipment. The Modular Buildings segment produces and sells modular buildings, which are custom designed to meet the specific research needs of its customers. It also provides services relating to the design, manufacturing, delivery, installation and renting of the building units that it produces. The company was founded by Arthur Luscombe in 1956 and is headquartered in Armstrong, IA.

Address

P O BOX 288
ARMSTRONG, IA 50514

Founded

1956

Number of Employees

93

Buyback

Buyback Data 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Average
$ Amount Purchased
($ in 000s)
- - - - - $13 $31 $30 $92 $64 $38 $45
Average Price - - - - - $1.97 $1.91 $3.23 $4.61 $2.30 $2.04 $2.72
# Shares Purchased - - - - - 6,460 16,255 9,435 20,042 27,774 18,458 16,404
Buyback Performance 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Average
Total Return to Date - - - - - 1.4% 4.9% -38.0% -56.6% -13.1% -2.0% -26.6%
S&P 500 Return to Date - - - - - 93.9% 75.5% 32.2% 37.8% 31.9% 8.1% 46.6%
Excess Total Return - - - - - -92.5% -70.7% -70.2% -94.4% -45.0% -10.1% -73.2%
Quartile Rank
Percentile Rank - - - - - 34% 31% 19% 9% 22% 32% 24%
Buyback returns calculated using weighted average buyback price over the last 10 years and comparing to current day stock price value. S&P 500 used as benchmark for excess return.