Brokerages Anticipate Unique Fabricating Inc (UFAB) to Post $0.23 Earnings Per Share

Shares of Unique Fabricating Inc (NASDAQ:UFAB) have been assigned a consensus broker rating score of 1.33 (Strong Buy) from the three brokers that provide coverage for the company, Zacks Investment Research reports. One equities research analyst has rated the stock with a buy rating and two have issued a strong buy rating on the company. Unique Fabricating’s rating score has declined by 33% in the last 90 days as a result of a number of analysts’ ratings changes.

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Brokers have set a 12 month consensus price target of $13.92 for the company and are forecasting that the company will post $0.23 EPS for the current quarter, according to Zacks. Zacks has also assigned Unique Fabricating an industry rank of 81 out of 265 based on the ratings given to its competitors.

A number of analysts have weighed in on UFAB shares. B. Riley reaffirmed a “buy” rating and set a $13.75 price objective on shares of Unique Fabricating in a research report on Wednesday, May 17th. Zacks Investment Research raised Unique Fabricating from a “strong sell” rating to a “hold” rating in a research report on Wednesday, April 19th.

Unique Fabricating (NASDAQ:UFAB) opened at 8.91 on Thursday. The company’s 50-day moving average price is $9.44 and its 200 day moving average price is $11.04. Unique Fabricating has a 12 month low of $8.50 and a 12 month high of $15.93. The stock has a market capitalization of $86.92 million and a PE ratio of 12.73.

Unique Fabricating (NASDAQ:UFAB) last posted its quarterly earnings data on Wednesday, May 10th. The company reported $0.23 earnings per share for the quarter, missing analysts’ consensus estimates of $0.25 by $0.02. Unique Fabricating had a return on equity of 16.29% and a net margin of 4.28%. The company had revenue of $47.86 million for the quarter, compared to analyst estimates of $46.89 million. On average, analysts forecast that Unique Fabricating will post $0.91 earnings per share for the current fiscal year.

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About Unique Fabricating

Unique Fabricating, Inc is a United States-based company, which is engaged in the engineering and manufacturing of components for customers in the automotive and industrial appliance market. The Company offers various solutions, which consist of multi-material foam, rubber and plastic components. The Company’s fabricating capabilities include foam fabricating; foam die cutting; multi-layer die cutting; precision high-speed cutting; kiss cutting; fusion molding; vacuum forming; twin-sheet thermoforming; compression molding precision original equipment manufacturing (OEM) parts; non-metallic materials die cutting/fabrication; sound control parts, and soundproofing materials.

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