Somewhat Critical Press Coverage Somewhat Unlikely to Affect UFP Technologies (UFPT) Stock Price
Headlines about UFP Technologies (NASDAQ:UFPT) have trended somewhat negative recently, according to Accern Sentiment Analysis. Accern rates the sentiment of press coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. UFP Technologies earned a media sentiment score of -0.11 on Accern’s scale. Accern also assigned media coverage about the industrial products company an impact score of 46.5750464369488 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
These are some of the headlines that may have effected Accern’s scoring:
- Zacks: UFP Technologies, Inc. (UFPT) Receives Average Rating of “Strong Buy” from Brokerages (americanbankingnews.com)
- UFP Technologies, Inc. (UFPT) Announces Earnings Results, Misses Expectations By $0.13 EPS (americanbankingnews.com)
- UFP Technologies (UFPT) vs. Celanese Corporation (CE) Financial Comparison (americanbankingnews.com)
- UFP Technologies Announces Q3 Results, Adds New General Counsel/Senior VP (nasdaq.com)
- Reviewing CSW Industrials (CSWI) & UFP Technologies (UFPT) (americanbankingnews.com)
Shares of UFP Technologies (UFPT) traded down $0.35 during trading hours on Monday, hitting $26.70. The stock had a trading volume of 50,527 shares, compared to its average volume of 17,746. The firm has a market capitalization of $196.59, a price-to-earnings ratio of 24.82 and a beta of 0.18. UFP Technologies has a 52 week low of $22.95 and a 52 week high of $31.50.
UFP Technologies (NASDAQ:UFPT) last released its earnings results on Thursday, November 2nd. The industrial products company reported $0.23 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.36 by ($0.13). The firm had revenue of $35.68 million during the quarter, compared to the consensus estimate of $38.70 million. UFP Technologies had a net margin of 5.43% and a return on equity of 6.90%. sell-side analysts forecast that UFP Technologies will post 1.41 EPS for the current fiscal year.
Separately, Zacks Investment Research lowered UFP Technologies from a “buy” rating to a “hold” rating in a research note on Friday, September 22nd.
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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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