Alpha Pro Tech Stock Price, News & Analysis
Company Description
Alpha Pro Tech, Ltd. (APT) is a manufacturing company focused on products that protect people, products and environments. The company develops, manufactures and markets disposable and limited-use protective apparel, as well as construction weatherization products that are used in building applications. Alpha Pro Tech, Ltd. is the parent company of Alpha Pro Tech, Inc. and Alpha ProTech Engineered Products, Inc., and its common stock trades on the NYSE American exchange under the symbol APT.
According to company disclosures, Alpha Pro Tech operates through two primary business segments: Building Supply and Disposable Protective Apparel. This structure is also reflected in its reported net sales, which are regularly broken out by segment in its financial results and SEC filings.
Building Supply Segment
The Building Supply segment centers on construction weatherization products sold under the Alpha Pro Tech brand name. Company materials describe this segment as manufacturing and marketing a line of construction weatherization products, including building wrap and roof underlayment. In its financial news releases, Alpha Pro Tech frequently refers to its core building products as housewrap and synthetic roof underlayment, and also reports sales of other woven material within this segment.
Housewrap and synthetic roof underlayment are highlighted by management as core products in the Building Supply segment. The company discusses sales trends in these categories in relation to U.S. single-family and multi-family housing starts, and notes that housing market conditions, economic uncertainty, tariffs and building code developments can influence demand for these products. The company also refers to accessories related to housewrap and to self-adhered roofing and flashing categories within its broader roof underlayment offering.
In multiple earnings releases, Alpha Pro Tech comments on its relationships with builders, contractors and distributors in the Building Supply segment. Management attributes performance in a weak housing environment in part to national builder partnerships and programs with builders and contractors. The company also notes that it is pursuing new opportunities for other woven material and exploring additional products such as roof and deck flashing, while acknowledging that other woven material is not expected to be a near-term growth driver based on current disclosures.
Disposable Protective Apparel Segment
The Disposable Protective Apparel segment develops, manufactures and markets disposable and limited-use protective apparel products. Company descriptions state that these products serve the industrial, clean room, medical and dental markets. Within this segment, Alpha Pro Tech regularly reports sales of disposable protective garments, face masks and face shields.
In its news releases, the company provides detail on product categories within disposable protective garments, noting sales of items such as shoe covers, coveralls, lab coats, caps and gowns. Management commentary discusses demand patterns for these garments across regional, national and international distribution partners, and notes that tariffs, inventory strategies at channel partners and economic conditions can affect order timing and sales levels. The company also reports that face mask and face shield sales have been influenced by post COVID-19 residual excess inventories at distributors and by purchasing patterns tied to flu and COVID seasons.
Alpha Pro Tech states that it has distribution partnerships across multiple distribution channels for its disposable protective apparel. It also refers to regional and national distributors, as well as a major international supply chain partner and international channel partners, in describing its sales mix and growth initiatives. Company commentary highlights efforts to uncover new growth opportunities with customers and to work with select regional players and channel partners.
Corporate Structure and Operations
Alpha Pro Tech, Ltd. identifies itself as the parent company of Alpha Pro Tech, Inc. and Alpha ProTech Engineered Products, Inc. Alpha Pro Tech, Inc. is described in company releases as developing, manufacturing and marketing disposable and limited-use protective apparel products for industrial, clean room, medical and dental markets. Alpha ProTech Engineered Products, Inc. is described as manufacturing and marketing construction weatherization products, including building wrap and roof underlayment.
The company reports that it has manufacturing facilities in Nogales, Arizona and Valdosta, Georgia, and in some releases also references a manufacturing facility in Salt Lake City, Utah. In addition, Alpha Pro Tech discloses an equity investment in an unconsolidated affiliate and a joint venture in India, which is associated with its manufacturing and sourcing activities. The company notes exposure to foreign currency exchange risks related to its unconsolidated affiliate operations in India and references tariffs on products sourced from different countries.
Alpha Pro Tech’s public filings and press releases emphasize that it has no debt, along with working capital and cash balances, and that it maintains a stock repurchase program authorized by its Board of Directors. The company states that it has repurchased and retired shares of its common stock over time, with future repurchases expected to be funded from cash on hand and cash flows from operating activities, subject to authorizations and market conditions.
Financial Reporting and Market Context
Alpha Pro Tech regularly issues quarterly and annual financial results, which are furnished to the U.S. Securities and Exchange Commission on Form 8-K under Item 2.02 (Results of Operations and Financial Condition). These releases provide segment-level net sales, gross profit, income from operations, other income, net income and balance sheet data, including cash, inventories, accounts receivable, lease liabilities and shareholders’ equity. The company also discusses gross profit margins by segment and the impact of tariffs, freight rates, rebates and other factors on profitability.
Management commentary in these releases links Building Supply segment performance to trends in U.S. housing starts and multi-family construction, and notes that housing market weakness, economic uncertainty, builder confidence and hurricane seasons can affect demand for housewrap and synthetic roof underlayment. For the Disposable Protective Apparel segment, the company discusses how distributor inventory levels, international supply chain partners, tariffs, and residual post-pandemic inventory conditions influence demand for disposable garments, face masks and face shields.
Alpha Pro Tech’s disclosures also reference risks and uncertainties described in its Annual Report on Form 10-K and Quarterly Reports on Form 10-Q. These include foreign currency exchange risks related to operations in India, potential challenges related to international manufacturing, competition, customer preferences, tariff policies, environmental laws and regulations, climate and natural disaster risks, information technology security, legal and regulatory proceedings, and volatility in the company’s common stock price and investments.
Stock and Investor Considerations
Alpha Pro Tech’s common stock trades on the NYSE American under the ticker symbol APT. The company periodically announces expansions of its share repurchase program, specifying the dollar amount authorized and the remaining capacity under the program. Repurchases may be conducted through open market purchases or privately negotiated transactions, including through pre-arranged repurchase plans that operate in accordance with applicable SEC rules.
Investors following APT can review the company’s press releases for detailed financial and operational updates, and its SEC filings for formal disclosures about results, risk factors, governance and other regulatory information. The company cautions that forward-looking statements in its releases are subject to risks and uncertainties and directs readers to its SEC filings for a more complete description of those factors.
FAQs about Alpha Pro Tech, Ltd. (APT)
- What does Alpha Pro Tech, Ltd. do?
Alpha Pro Tech, Ltd. is a manufacturing company that develops, manufactures and markets disposable and limited-use protective apparel products and construction weatherization products. Its offerings include disposable protective garments, face masks, face shields, housewrap, synthetic roof underlayment and other woven materials, as described in its public disclosures. - How is Alpha Pro Tech’s business organized?
The company reports two main business segments: Building Supply and Disposable Protective Apparel. Building Supply focuses on construction weatherization products such as building wrap and roof underlayment, while Disposable Protective Apparel focuses on protective garments and related items for industrial, clean room, medical and dental markets. - What markets does Alpha Pro Tech serve?
According to company descriptions, Alpha Pro Tech serves industrial, clean room, medical and dental markets through its disposable protective apparel segment and participates in the construction market through its building weatherization products, including housewrap and roof underlayment. - Where does Alpha Pro Tech manufacture its products?
Company press releases state that Alpha Pro Tech has manufacturing facilities in Nogales, Arizona and Valdosta, Georgia, with some disclosures also referencing Salt Lake City, Utah. The company also reports a joint venture in India and an equity investment in an unconsolidated affiliate, which relate to its manufacturing and sourcing activities. - How does Alpha Pro Tech describe its Building Supply segment?
The Building Supply segment manufactures and markets construction weatherization products, including building wrap and roof underlayment. In its financial results, the company highlights housewrap, synthetic roof underlayment and other woven material as key product categories within this segment. - What products are included in the Disposable Protective Apparel segment?
In its public disclosures, Alpha Pro Tech identifies disposable protective garments, face masks and face shields as major product categories in the Disposable Protective Apparel segment. It also notes specific garment types such as shoe covers, coveralls, lab coats, caps and gowns. - How does the housing market affect Alpha Pro Tech?
Management commentary links Building Supply segment performance to U.S. single-family and multi-family housing starts. The company notes that weakness in housing starts, economic uncertainty, builder confidence and hurricane-related rebuilding activity can influence demand for housewrap and synthetic roof underlayment. - What role do tariffs and freight costs play in Alpha Pro Tech’s results?
The company reports that tariffs and ocean freight rates can affect its gross profit margins, particularly in both the Disposable Protective Apparel and Building Supply segments. It has noted volatility in freight rates and differences in tariff impacts depending on sourcing locations, including its joint venture in India. - Does Alpha Pro Tech have a share repurchase program?
Yes. Alpha Pro Tech has disclosed a share repurchase program authorized by its Board of Directors, with periodic expansions. The company reports the remaining dollar amount available for repurchases and notes that shares repurchased are retired, with purchases funded from cash on hand and cash flows from operating activities. - Where can investors find Alpha Pro Tech’s official financial information?
Investors can review the company’s earnings press releases, which are furnished on Form 8-K under Item 2.02, and its Annual Report on Form 10-K and Quarterly Reports on Form 10-Q filed with the U.S. Securities and Exchange Commission. These documents provide detailed financial statements, segment information, risk factors and other regulatory disclosures.