UFP Technologies (UFPT) Given Daily News Impact Score of 0.06
News stories about UFP Technologies (NASDAQ:UFPT) have been trending somewhat positive this week, according to Accern. The research firm scores the sentiment of press coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. UFP Technologies earned a coverage optimism score of 0.06 on Accern’s scale. Accern also gave news stories about the industrial products company an impact score of 46.353027535134 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Shares of UFP Technologies (UFPT) opened at 28.10 on Friday. The stock has a market capitalization of $204.20 million, a price-to-earnings ratio of 22.85 and a beta of 0.20. UFP Technologies has a one year low of $22.95 and a one year high of $29.00. The firm’s 50-day moving average is $27.37 and its 200-day moving average is $26.88.
UFP Technologies (NASDAQ:UFPT) last posted its quarterly earnings data on Wednesday, August 2nd. The industrial products company reported $0.36 EPS for the quarter, meeting the Zacks’ consensus estimate of $0.36. The business had revenue of $37.89 million during the quarter, compared to analysts’ expectations of $40.00 million. UFP Technologies had a return on equity of 6.86% and a net margin of 6.03%. Equities research analysts forecast that UFP Technologies will post $1.41 EPS for the current year.
Separately, Zacks Investment Research raised shares of UFP Technologies from a “hold” rating to a “buy” rating and set a $31.00 price objective for the company in a report on Saturday, September 23rd.
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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