UFP Technologies, Inc. (NASDAQ:UFPT) has received an average broker rating score of 1.00 (Strong Buy) from the one brokers that provide coverage for the company, Zacks Investment Research reports. One analyst has rated the stock with a strong buy recommendation.
Brokers have set a 1 year consensus target price of $30.00 for the company and are anticipating that the company will post $0.23 earnings per share for the current quarter, according to Zacks. Zacks has also assigned UFP Technologies an industry rank of 196 out of 265 based on the ratings given to related companies.
Separately, Zacks Investment Research lowered shares of UFP Technologies from a “buy” rating to a “hold” rating in a research note on Friday, September 22nd.
UFP Technologies (NASDAQ:UFPT) opened at $27.95 on Thursday. UFP Technologies has a 52-week low of $22.95 and a 52-week high of $31.50. The stock has a market cap of $200.22, a PE ratio of 25.64 and a beta of 0.13.
UFP Technologies (NASDAQ:UFPT) last posted its quarterly earnings data on Thursday, November 2nd. The industrial products company reported $0.23 EPS for the quarter, missing the consensus estimate of $0.36 by ($0.13). UFP Technologies had a return on equity of 6.83% and a net margin of 5.43%. The business had revenue of $35.68 million for the quarter, compared to the consensus estimate of $38.70 million. analysts expect that UFP Technologies will post 1.12 earnings per share for the current fiscal year.
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About UFP Technologies
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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