UFP Technologies Inc. (NASDAQ: UFPT) has a higher price-to-earnings ratio of 40.42x compared to its average ratio, The 36-month beta value for UFPT is at 0.90. Analysts have varying views on the stock, with 0 analysts rating it as a “buy,” 1 rating it as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for UFPT is 7.18M, and currently, shorts hold a 3.26% of that float. The average trading volume for UFPT on May 02, 2024 was 64.51K shares.
UFPT) stock’s latest price update
The stock price of UFP Technologies Inc. (NASDAQ: UFPT) has jumped by 14.52 compared to previous close of 205.94. Despite this, the company has seen a gain of 10.01% in its stock price over the last five trading days. GlobeNewsWire reported 2024-03-19 that NEWBURYPORT, Mass., March 19, 2024 (GLOBE NEWSWIRE) — UFP Technologies, Inc. (Nasdaq: UFPT) an Innovative designer and custom manufacturer of components, subassemblies, products, and packaging primarily for the medical market today announced that Chairman and Chief Executive Officer R. Jeffrey Bailly and Chief Financial Officer Ron Lataille will participate in the upcoming KeyBanc Capital Markets 4th Annual Life Sciences and MedTech Investor Forum to be held virtually on March 19 and 20, 2024. UFP’s presentation is scheduled to begin at 9:45 AM ET on Wednesday, March 20, 2024.
UFPT’s Market Performance
UFP Technologies Inc. (UFPT) has seen a 10.01% rise in stock performance for the week, with a -4.75% decline in the past month and a 39.96% surge in the past quarter. The volatility ratio for the week is 6.74%, and the volatility levels for the past 30 days are at 4.71% for UFPT. The simple moving average for the past 20 days is 3.78% for UFPT’s stock, with a 30.28% simple moving average for the past 200 days.
Analysts’ Opinion of UFPT
Lake Street gave a rating of “Buy” to UFPT, setting the target price at $124 in the report published on December 21st of the previous year.
UFPT Trading at 6.93% from the 50-Day Moving Average
After a stumble in the market that brought UFPT to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -8.34% of loss for the given period.
Volatility was left at 4.71%, however, over the last 30 days, the volatility rate increased by 6.74%, as shares sank -5.00% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +21.69% upper at present.
During the last 5 trading sessions, UFPT rose by +10.01%, which changed the moving average for the period of 200-days by +20.85% in comparison to the 20-day moving average, which settled at $226.63. In addition, UFP Technologies Inc. saw 37.08% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at UFPT starting from Cardin Steve, who sale 604 shares at the price of $198.00 back on Mar 13 ’24. After this action, Cardin Steve now owns 5,039 shares of UFP Technologies Inc., valued at $119,592 using the latest closing price.
BAILLY R JEFFREY, the CEO of UFP Technologies Inc., sale 27,090 shares at $209.48 during a trade that took place back on Feb 23 ’24, which means that BAILLY R JEFFREY is holding 0 shares at $5,674,682 based on the most recent closing price.
Stock Fundamentals for UFPT
Current profitability levels for the company are sitting at:
- 0.14 for the present operating margin
- 0.28 for the gross margin
The net margin for UFP Technologies Inc. stands at 0.11. The total capital return value is set at 0.17. Equity return is now at value 17.16, with 11.48 for asset returns.
Based on UFP Technologies Inc. (UFPT), the company’s capital structure generated 0.11 points at debt to capital in total, while cash flow to debt ratio is standing at 1.17. The debt to equity ratio resting at 0.12. The interest coverage ratio of the stock is 15.56.
Currently, EBITDA for the company is 72.74 million with net debt to EBITDA at 0.58. When we switch over and look at the enterprise to sales, we see a ratio of 4.61. The receivables turnover for the company is 6.09for trailing twelve months and the total asset turnover is 0.99. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.48.
Conclusion
In conclusion, UFP Technologies Inc. (UFPT) has had a better performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
