Art's-Way Modular Backlog Surges to $19M from $1.3M on Major Project Wins
ARTW sits 41% above its 52-week low of $2.05 on elevated volume (60× avg).
Summary
Art's-Way Manufacturing announced its Modular Buildings backlog has surged to over $19 million, up from $1.3 million, following the award of major projects. The backlog provides strong revenue visibility through fiscal 2027.
Key Events · Earnings and Guidance · ARTW
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Backlog Surges to $19M+
Modular Buildings backlog increased from $1.3 million (as of May 31, 2026) to over $19.0 million following the award of major projects.
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Revenue Visibility Through FY2027
The backlog is expected to be substantially fulfilled by the end of fiscal 2027, providing extended production activity and revenue visibility.
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Margins Consistent with History
Projects are expected to be executed at margins generally consistent with historical performance for comparable Modular Buildings projects.
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Customer Details Confidential
Customer identities and project specifics are not disclosed due to contractual confidentiality obligations.
Analysis · ARTW · Technology
Driven by newly awarded major projects, the Modular Buildings segment's backlog jumped from $1.3 million to over $19 million — a more than 14-fold increase. This surge provides strong revenue visibility through fiscal 2027 and signals robust demand for the company's modular manufacturing capabilities. With the backlog expected to be executed at historical margins, future earnings should see a significant uplift without margin erosion.
At the time of this filing, ARTW was trading at $2.90 on NASDAQ in the Technology sector, with a market capitalization of approximately $15.1M. The 52-week trading range was $2.05 to $4.71. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.