UFP Technologies, Inc. (UFPT) Scheduled to Post Quarterly Earnings on Tuesday
UFP Technologies, Inc. (NASDAQ:UFPT) is scheduled to announce its earnings results on Tuesday, October 31st. Analysts expect the company to announce earnings of $0.37 per share for the quarter.
UFP Technologies (NASDAQ:UFPT) last posted its quarterly earnings data on Wednesday, August 2nd. The industrial products company reported $0.36 earnings per share (EPS) for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.36. UFP Technologies had a net margin of 6.03% and a return on equity of 6.86%. The firm had revenue of $37.89 million for the quarter, compared to the consensus estimate of $40.00 million. On average, analysts expect UFP Technologies to post $1.41 EPS for the current fiscal year and $1.75 EPS for the next fiscal year.
UFP Technologies, Inc. (NASDAQ:UFPT) opened at 29.90 on Tuesday. UFP Technologies, Inc. has a 12-month low of $22.95 and a 12-month high of $30.80. The stock’s 50 day moving average is $28.17 and its 200 day moving average is $27.51. The firm has a market cap of $217.28 million, a P/E ratio of 24.31 and a beta of 0.19.
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Separately, Zacks Investment Research upgraded UFP Technologies from a “hold” rating to a “buy” rating and set a $31.00 target price for the company in a research note on Tuesday, August 29th.
UFP Technologies Company Profile
UFP Technologies, Inc is a designer and custom converter of foams, plastics, composites and natural fiber materials. The Company is engaged in providing solutions to customers primarily within the medical, automotive, consumer, electronics, industrial, and aerospace and defense markets. It converts these materials using laminating, molding, and fabricating manufacturing technologies.
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