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GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength

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GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth

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» LVB's 10-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades

Q1 2013

LVB Guru Trades in Q1 2013

Chuck Royce 484,934 sh (+6%)
Joel Greenblatt 25,300 sh (+1.01%)
Jean-Marie Eveillard Sold Out
Jim Simons 10,300 sh (-21.37%)
» More
Q2 2013

LVB Guru Trades in Q2 2013

Mario Gabelli 15,516 sh (New)
Joel Greenblatt 32,035 sh (+26.62%)
Chuck Royce 444,603 sh (-8.32%)
Jim Simons 7,200 sh (-30.1%)
» More
Q3 2013

LVB Guru Trades in Q3 2013

Jim Simons 94,400 sh (+1211.11%)
Mario Gabelli Sold Out
Joel Greenblatt Sold Out
Chuck Royce Sold Out
» More
Q4 2013

LVB Guru Trades in Q4 2013

Jim Simons Sold Out
» More
» Details

Insider Trades

Latest Guru Trades with LVB

(List those with share number changes of more than 20%, or impact to portfolio more than 0.1%)

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
Joel Greenblatt 2013-09-30 Sold Out 0.04%$35.32 - $41.29 $ 39.955%0
Mario Gabelli 2013-09-30 Sold Out $35.32 - $41.29 $ 39.955%0
Joel Greenblatt 2013-06-30 Add 26.62%0.01%$23.92 - $30.43 $ 39.9552%32035
Mario Gabelli 2013-06-30 New Buy$23.92 - $30.43 $ 39.9552%15516
Jean-Marie Eveillard 2013-03-31 Sold Out 0.0036%$21.15 - $24.02 $ 39.9578%0
Joel Greenblatt 2012-09-30 Add 37.3%0.01%$23.06 - $25.97 $ 39.9562%22625
Jean-Marie Eveillard 2012-09-30 New Buy$23.06 - $25.97 $ 39.9562%43288
Joel Greenblatt 2012-03-31 New Buy0.03%$24.61 - $26.19 $ 39.9568%15631
Premium More recent guru trades are included for Premium Members only!!
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Peter Lynch Chart ( What is Peter Lynch Charts )

Ratios

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Valuation & Return

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Business Description

Industry: Travel & Leisure » Leisure
Compare:SIX, PCLN, CCL, RCL, FUN » details
Steinway Musical Instruments, Inc. is a Delaware corporation incorporated in 1993. The Company designs, manufactures and distributes musical instruments. The Family of Steinway-Designed Pianos is an offering pianos at three distinct price points to suit every buyer looking to purchase a quality piano. The family is comprised of its three brands: Steinway & Sons, Boston and Essex. The Company also offers Steinway & Sons upright pianos as well as two mid-priced lines of pianos under the Boston and Essex brand names. The Company offers two premium-priced product lines under the Steinway & Sons brand: grand pianos and upright pianos. The Company offers seven sizes of the grand piano ranging from the 5'1' baby grand to the largest 9' concert grand. The Company's upright pianos offer dealers a complete line of pianos to satisfy the needs of institutions and other customers who are constrained by space limitations. The Company also provides services such as repair, replacement part sales, tuning and regulation of pianos and restoration. Restoration services include repairs of minor damage to complete restorations of vintage pianos. The Family of Steinway-Designed Pianos increases the Company's business with its dealers, making it their primary supplier in many instances. The Company manufactures piccolos, flutes, clarinets, oboes, bassoons, trumpets, French horns, tubas, and trombones in its manufacturing facilities in Indiana and Ohio. The Company sells student level instruments in three distinct product groupings: 'good' entry-level imported instruments, 'better' mid-priced instruments, which are either imported or manufactured by it, and 'best' instruments, which are manufactured by the company. In addition, the Company also manufactures intermediate and professional level woodwind and brass instruments. The Company sells its woodwind and brass products under the names Bach, Selmer, Selmer Paris, C.G. Conn, Leblanc, King, Armstrong, Holton, Yanagisawa, Vito, Emerson, Avanti, Noblet, Artley and Benge. The Company manufactures sources and distributes acoustical and tuned percussion instruments, including outfit drums, marching drums, concert drums, marimbas, xylophones, vibraphones, orchestra bells and chimes. The Company manufactures percussion products in North Carolina and Illinois under the Ludwig and Musser names. The Company manufactures mouthpieces and distributes accessories such as music stands, batons, mallets, straps, mutes, reeds, pads, chin rests, strings, bows, cases and instrument care products. The Company sells piano's to individuals, both professional artists and amateur pianists. The Company's mid-priced pianos compete with brands such as Schimmel, Kawai, Yamaha, Young Chang and Pearl River.
» More Articles for LVB

Headlines

Articles On GuruFocus.com
Steinway Musical Instruments Inc. Ordina Reports Operating Results (10-K) Mar 15 2011 
Two sources of downside protection Apr 05 2010 
Paul Sonkin on Finding Micro-Cap Value: Steinway Musical Instruments Inc., Fortress International Gr Dec 19 2009 
My interview with Paul Sonkin of Hummingbird Value Aug 10 2009 
Steinway Musical Instruments Inc. Ordina Reports Operating Results (10-Q) Aug 07 2009 

More From Other Websites
STEINWAY MUSICAL INSTRUMENTS INC Files SEC form 8-K, Entry into a Material Definitive Agreement,... Sep 19 2013
Paulson & Co. Announces Completion of Acquisition of Steinway Musical Instruments Sep 19 2013
Sotheby’s Extends Guarantees to $166 Million Before Sales Sep 06 2013
Steinway Announces Early Termination of HSR Waiting Period Sep 05 2013
Pianissimo Acquisition Corp. -- Moody's assigns B2 CFR to Pianissimo Acquisition Corp, acquirer of... Sep 03 2013
Steinway Musical Instruments Director Sells 20K Shares and 4 Insider Sales to Note Sep 03 2013
J.C. Penney Company Part Owner Sells 39M Shares and 4 Insider Sales to Note Aug 29 2013
STEINWAY MUSICAL INSTRUMENTS INC Files SEC form 8-K, Entry into a Material Definitive Agreement,... Aug 14 2013
Kohlberg exits Steinway acquisition hunt Aug 13 2013
US stocks close mixed ahead of US data Aug 12 2013
Steinway shares jump on expected bidding war Aug 12 2013
STEINWAY MUSICAL INSTRUMENTS INC Files SEC form 10-Q, Quarterly Report Aug 09 2013
STEINWAY MUSICAL INSTRUMENTS INC Files SEC form 8-K, Results of Operations and Financial Condition,... Aug 06 2013
Steinway Musical Instruments Sued in $438 Million Buyout Jul 10 2013
Steinway to Be Bought by Kohlberg for $438 Million Jul 01 2013
Steinway, piano-maker for the stars, going private Jul 01 2013
NYC Tallest Condo Corridor Gets New Entrant With Steinway May 07 2013

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