News articles about UFP Technologies (NASDAQ:UFPT) have been trending somewhat positive this week, Accern reports. The research group identifies positive and negative press coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. UFP Technologies earned a media sentiment score of 0.08 on Accern’s scale. Accern also assigned media headlines about the industrial products company an impact score of 46.297767374895 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
UFP Technologies (UFPT) opened at 27.70 on Friday. The firm’s 50-day moving average is $27.98 and its 200 day moving average is $26.43. The firm has a market cap of $201.30 million, a PE ratio of 22.52 and a beta of 0.18. UFP Technologies has a 12-month low of $22.79 and a 12-month high of $29.00.
UFP Technologies (NASDAQ:UFPT) last released its quarterly earnings results on Wednesday, August 2nd. The industrial products company reported $0.36 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.36. UFP Technologies had a net margin of 6.03% and a return on equity of 6.86%. The business had revenue of $37.89 million during the quarter, compared to the consensus estimate of $40 million. Equities research analysts predict that UFP Technologies will post $1.39 EPS for the current year.
UFPT has been the subject of several analyst reports. TheStreet upgraded shares of UFP Technologies from a “c+” rating to a “b” rating in a report on Monday, May 1st. Zacks Investment Research upgraded shares of UFP Technologies from a “strong sell” rating to a “hold” rating in a report on Wednesday, May 17th.
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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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