UFP Technologies (UFPT) Receiving Somewhat Favorable Media Coverage, Report Finds

News stories about UFP Technologies (NASDAQ:UFPT) have trended somewhat positive on Thursday, according to Accern Sentiment. Accern identifies positive and negative press coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. UFP Technologies earned a coverage optimism score of 0.14 on Accern’s scale. Accern also gave press coverage about the industrial products company an impact score of 46.2697963951187 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.

Separately, Zacks Investment Research cut UFP Technologies from a “buy” rating to a “hold” rating in a report on Friday, September 22nd.

UFP Technologies (UFPT) traded up $0.60 during trading hours on Thursday, hitting $28.40. The stock had a trading volume of 7,200 shares, compared to its average volume of 23,082. UFP Technologies has a fifty-two week low of $22.95 and a fifty-two week high of $31.50. The company has a market cap of $202.04, a PE ratio of 26.06 and a beta of 0.13.

UFP Technologies (NASDAQ:UFPT) last released its quarterly earnings data on Thursday, November 2nd. The industrial products company reported $0.23 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.36 by ($0.13). UFP Technologies had a net margin of 5.43% and a return on equity of 6.83%. The business had revenue of $35.68 million for the quarter, compared to the consensus estimate of $38.70 million. sell-side analysts expect that UFP Technologies will post 1.12 EPS for the current year.

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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.

Insider Buying and Selling by Quarter for UFP Technologies (NASDAQ:UFPT)

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