UFP Technologies, Inc. ( UFPT ) NASDAQ Capital Market

Cena: 252.97 ( 2.19% )

Aktualizacja 07-10 21:58
NASDAQ Capital Market
Branża: Medical - Devices

Notowania:


Informacje o spółce:
Sektor: Zdrowie
Branża: Medical - Devices
Zatrudnienie: 3 093
Giełda: NASDAQ Capital Market
Ilość akcji w obrocie: 94%
Ilość akcji: 7 638 810
Debiut giełdowy: 1993-12-17
WWW: https://www.ufpt.com
CEO: Mr. R. Jeffrey Bailly CPA
Adres: 100 Hale Street
Siedziba: 01950-3504 Newburyport
ISIN: US9026731029
Opis firmy:

UFP Technologies, Inc. Projekty i niestandardowe produkuje komponenty, podzespoły, produkty i opakowania z wykorzystaniem wyspecjalizowanych pianek, filmów i tworzyw sztucznych przede wszystkim na rynku medycznym. Jego urządzenia i komponenty jednonoszienne i jednoosobowe są stosowane w szeregu urządzeń medycznych, produktach opieki nad ranami jednorazowej, zapobieganiu zakażeniom, minimalnie inwazyjnej operacji, urządzeniach do noszenia, miękkich towarach ortopedycznych oraz opakowaniu implantów ortopedycznych. Firma dostarcza również zaprojektowane produkty i komponenty klientom na rynkach motoryzacyjnych, lotniczych i obronnych, konsumenckich, elektronicznych i przemysłowych, które są stosowane w mundurach wojskowych i komponentach przekładni, sprawach samochodowych, wyściółce sportowej, pakowaniu ochrony środowiska, filtracji powietrza, plikach do paznokci ściernej oraz wskaźnikach ochronnych. Rynkuje i sprzedaje swoje produkty w Stanach Zjednoczonych głównie za pośrednictwem sprzedaży bezpośredniej, a także niezależnych przedstawicieli producenta. Firma została założona w 1963 roku i ma siedzibę w Newburyport w stanie Massachusetts.

Wskaźniki finansowe
Kapitalizacja (USD) 1 949 596 785
Aktywa: 638 508 000
Cena: 252.97
Wskaźnik Altman Z-Score: 6.2
Stabilny (niskie ryzyko bankructwa)
Dywidenda: 0
P/E: 31.0
Ilość akcji w obrocie: 94%
Średni wolumen: 177 128
Ilość akcji 7 706 830
Wskaźniki finansowe
Przychody TTM 461 849 000
Zobowiązania: 309 362 000
Przedział 52 tyg.: 178.26 - 366.41
Piotroski F-Score: 7
Silny (dobra jakość finansowa)
EPS: 8.2
P/E branży: 26.8
Beta: 0.955
Raport okresowy: 2025-07-30
WWW: https://www.ufpt.com
Zarząd
Imie i Nazwisko Stanowisko Wynagrodzenie Rok urodzenia
Mr. Ronald J. Lataille Chief Financial Officer, Senior Vice President & Treasurer 852 470 1962
Mr. Mitchell Caplan Rock President 846 095 1968
Mr. Christopher P. Litterio Esq. General Counsel, Secretary & Senior Vice President of Human Resources 639 517 1964
Mr. Jason Holt Vice President & Chief Commercial Officer 542 785 1974
Mr. Steven G. Cardin Vice President & Chief Operating Officer of MedTech 438 133 0
Mr. R. Jeffrey Bailly Chief Executive Officer & Chairman 2 170 107 1962
Ms. Daniella Mehalik Vice President of Finance 0 1990
Wiadomości dla UFP Technologies, Inc.
Tytuł Treść Źródło Aktualizacja Link
UFP Technologies: A Steady Performer UFP Technologies has shown strong growth through M&A and organic growth, with a defensive business model in an uncertain economy, making it an appealing investment. The company reported a solid first quarter with a 41% sales increase, despite a slowdown in organic growth due to one-offs and inventory de-stocking. Trading at 21-22 times earnings with manageable leverage, UFP has room for further M&A, enhancing its growth prospects and making shares attractive. seekingalpha.com 2025-05-08 07:30:34 Czytaj oryginał (ang.)
UFP Industries to Hold Investor Meetings At Upcoming Conferences in June GRAND RAPIDS, Mich.--(BUSINESS WIRE)--UFP Industries, Inc. (Nasdaq: UFPI), a leading provider of wood and wood-alternative products, today announced that members of its executive team will participate in two upcoming investor conferences in June 2025. UFP will attend the Bank of America Housing Symposium on Tuesday, June 3, 2025, in New York, NY, and the Stifel Cross Sector Insight (CSI) Conference on Wednesday, June 4, 2025. The UFP Industries team will be represented by Mike Cole, Chief Finan. businesswire.com 2025-05-06 16:19:00 Czytaj oryginał (ang.)
UFP Technologies, Inc. (UFPT) Q1 2025 Earnings Call Transcript UFP Technologies, Inc. (NASDAQ:UFPT ) Q1 2025 Earnings Conference Call May 6, 2025 10:00 AM ET Company Participants Ron Lataille - Chief Financial Officer Jeff Bailly - Chief Executive Officer & Chairman Conference Call Participants Jaeson Schmidt - Lake Street Brett Fishbin - KeyBanc Justin Ages - CJS Securities Andrew Cooper - Raymond James Operator Good day, and welcome to the UFP Technologies First Quarter of 2025 Earnings Call. All participants will be in a listen-only mode. seekingalpha.com 2025-05-06 16:07:32 Czytaj oryginał (ang.)
UFP Technologies Announces Record Q1 Results NEWBURYPORT, Mass., May 06, 2025 (GLOBE NEWSWIRE) -- UFP Technologies, Inc. (Nasdaq: UFPT), a designer and custom manufacturer of comprehensive solutions primarily for the medical market, today reported net income of $17.2 million or $2.21 per diluted common share outstanding for its first quarter ended March 31, 2025, compared to net income of $12.7 million or $1.64 per diluted common share outstanding for the first quarter of 2024. globenewswire.com 2025-05-06 13:00:00 Czytaj oryginał (ang.)
UFP Technologies to Report First Quarter 2025 Financial Results on May 6, 2025 NEWBURYPORT, Mass., April 30, 2025 (GLOBE NEWSWIRE) -- UFP Technologies, Inc. (NASDAQ: UFPT), an innovative designer and custom manufacturer of components for medical devices, sterile packaging, and other highly engineered products, today announced the Company plans to report financial results for the first quarter ended March 31, 2025 on May 6, 2025 prior to market open. globenewswire.com 2025-04-30 13:00:00 Czytaj oryginał (ang.)
UFP Industries Q1 Earnings & Sales Miss Estimates, Down Y/Y UFPI's first-quarter 2025 results are hurt by softer demand and broad-based pricing pressures. zacks.com 2025-04-29 18:40:37 Czytaj oryginał (ang.)
UFP Industries Announces First Quarter 2025 Results GRAND RAPIDS, Mich.--(BUSINESS WIRE)--UFP Industries Announces First Quarter 2025 Results. businesswire.com 2025-04-28 20:28:00 Czytaj oryginał (ang.)
UFP Industries to Report First Quarter 2025 Results on Monday, April 28, 2025 GRAND RAPIDS, Mich.--(BUSINESS WIRE)--UFP Industries (Nasdaq: UFPI) will announce first quarter 2025 results on Monday, April 28, 2025. The company will host a conference call to discuss these results on Tuesday, April 29, 2025, at 9 a.m. Eastern Time. A live audio webcast of the call along with supporting materials will be available on the UFP Industries Investor Relations website at www.ufpinvestor.com/news-filings-reports#events---presentations. A webcast replay will be available on the comp. businesswire.com 2025-04-14 17:47:00 Czytaj oryginał (ang.)
UFP Industries Expands in New York, Gears to Open New Facility UFPI's Deckorators brand expands the production capacity of its Surestone composite-decking product. Know more here. zacks.com 2025-04-01 13:50:52 Czytaj oryginał (ang.)
UFP Industries Acquires 30-Acre Site, Announces First Northeast Region Deckorators® Facility to Open by Year-End GRAND RAPIDS, Mich.--(BUSINESS WIRE)--UFP Industries, Inc. (Nasdaq: UFPI) today announced its Deckorators® brand continues to expand market presence with the acquisition of a 30-acre site in Lackawanna, a suburb of Buffalo, New York. The site will be transformed into a new, state-of-the-art facility that will double production capacity for Deckorators'® industry-leading Surestone® composite-decking product. The $77 million investment includes a 30-acre campus with approximately 240,000 square f. businesswire.com 2025-03-31 12:30:00 Czytaj oryginał (ang.)
UFP Technologies to Present and Host Investor Meetings at the KeyBanc Capital Healthcare Forum NEWBURYPORT, Mass., March 17, 2025 (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 Healthcare Forum to be held virtually on March 18, 2025. UFP's presentation is scheduled to begin at 10:30 AM ET. globenewswire.com 2025-03-17 11:00:00 Czytaj oryginał (ang.)
UFP Industries Expands in Indiana With New Corrugated Facility UFPI expands its market reach in Indiana by opening a new manufacturing facility. Read on to learn more about the new opening. zacks.com 2025-03-04 15:50:31 Czytaj oryginał (ang.)
UFP Technologies Announces Record 2024 Results NEWBURYPORT, Mass., Feb. 25, 2025 (GLOBE NEWSWIRE) -- UFP Technologies, Inc. (Nasdaq: UFPT), a designer and custom manufacturer of engineered solutions primarily for the medical market, today reported 2024 net income of $59.0 million, 31.3% higher than net income of $44.9 million for 2023. Adjusted net income grew 32.5% to $67.6 million. Net sales for 2024 were $504.4 million, 26.1% higher than 2023 sales of $400.1 million. GAAP and adjusted earnings per diluted common share outstanding (EPS) were $7.58 and $8.68 respectively. globenewswire.com 2025-02-25 10:45:00 Czytaj oryginał (ang.)
UFP Technologies to Report Fourth Quarter and Year-end 2024 Results on February 25, 2025 NEWBURYPORT, Mass., Feb. 19, 2025 (GLOBE NEWSWIRE) -- UFP Technologies, Inc. (Nasdaq: UFPT), an innovative designer and custom manufacturer of comprehensive solutions for medical devices, sterile packaging and other highly engineered custom products, today announced that the Company plans to report results for the fourth quarter and year-ended December 31, 2024, on Tuesday, February 25th. globenewswire.com 2025-02-19 11:00:00 Czytaj oryginał (ang.)
UFP Industries Q4 Earnings Miss, Sales Surpass Estimates UFPI's fourth-quarter 2024 results are hurt by softer demand and broad-based pricing pressures. zacks.com 2025-02-18 13:30:19 Czytaj oryginał (ang.)
UFP Industries Announces Fourth Quarter and Fiscal 2024 Results GRAND RAPIDS, Mich.--(BUSINESS WIRE)--UFP Industries Announces Fourth Quarter and Fiscal 2024 Results. businesswire.com 2025-02-17 18:05:00 Czytaj oryginał (ang.)
UFP Industries: A Downgrade After An Excellent Run UFP Industries has seen significant stock growth but recent performance has fallen a bit short of expectations. The company's revenue and profitability have declined due to falling lumber prices and reduced demand, impacting financial performance. Despite a strong net cash position and relative valuation advantages, the stock is no longer as cheap, warranting a cautious approach. seekingalpha.com 2025-02-14 11:20:42 Czytaj oryginał (ang.)
UFP Industries Gears Up for Q4 Earnings: Things to Keep in Mind UFPI's fourth-quarter 2024 results are likely to reflect softer demand and lumber market swings. zacks.com 2025-02-13 13:11:16 Czytaj oryginał (ang.)
UFP Industries Celebrates 70 Profitable Years, CEO Says Employees, Culture Keys to Success GRAND RAPIDS, Mich.--(BUSINESS WIRE)--UFP Industries (Nasdaq: UFPI) marks 70 years in business on February 9, never failing to turn a profit in each of them. Founded in 1955, its leaders say the keys to success in all these years are its ability to recruit and retain high-achieving employees, its down-to-earth company culture and its unique incentive system that aligns employee interests with shareholders. “Our company's motto is, ‘No mission statement; just people on a mission.'™ Every day, ou. businesswire.com 2025-02-07 18:00:00 Czytaj oryginał (ang.)
UFP Industries to Report Fourth Quarter and Full Year 2024 Results on Monday, February 17, 2025 GRAND RAPIDS, Mich.--(BUSINESS WIRE)--UFP Industries (Nasdaq: UFPI) will announce fourth quarter 2024 results on Monday, February 17, 2025. The company will host a conference call to discuss these results on Tuesday, February 18, 2025, at 9 a.m. Eastern Time. A live audio webcast of the call along with supporting materials will be available on the UFP Industries Investor Relations website at www.ufpinvestor.com/news-filings-reports#events---presentations. A webcast replay will be available on t. businesswire.com 2025-02-05 18:37:00 Czytaj oryginał (ang.)
Meet the Little-Known Growth Stock I'm Buying Hand Over Fist in 2025 After a Recent Dip in Price UFP Technologies (UFPT -0.47%) has seen its share price grow by 12,040% over the last 25 years, making it a 121-bagger. Had investors held their shares throughout that time, they would have turned a $10,000 investment into more than $1.2 million. fool.com 2025-02-02 07:45:00 Czytaj oryginał (ang.)
UFP Technologies to Present and Host 1X1 Investor Meetings at the CJS Securities 25th Annual “New Ideas for the New Year” Virtual Conference NEWBURYPORT, Mass., Jan. 10, 2025 (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 CJS Securities 25th Annual “New Ideas for the New Year” Conference to be held virtually on January 14, 2025. UFP's presentation is scheduled to begin at 8:45 AM ET on Tuesday, January 14, 2025. globenewswire.com 2025-01-10 18:49:00 Czytaj oryginał (ang.)
UFP Industries Expands in Alabama by Acquiring C&L Wood Products UFPI's PalletOne business will receive a boost from the C&L Wood Products acquisition, which was closed under UFP Packaging. zacks.com 2025-01-07 12:16:21 Czytaj oryginał (ang.)
UFP Industries acquires C&L Wood Products, Inc. GRAND RAPIDS, Mich.--(BUSINESS WIRE)--UFP Industries (Nasdaq: UFPI) today announced that its affiliate, UFP Packaging, LLC, has acquired the assets of C&L Wood Products, Inc. (C&L), a manufacturer of pallets and mulch based in Hartselle, Alabama. The company had trailing 12-month sales through November 2024 of $24.8 million. C&L will operate as part of UFP Packaging's PalletOne business unit, a top manufacturer of machine-built pallets in the U.S. C&L's leadership team, includin. businesswire.com 2025-01-06 09:29:00 Czytaj oryginał (ang.)
UFP Packaging Expands with New Packaging Design and Development Center in Newnan, Georgia GRAND RAPIDS, Mich.--(BUSINESS WIRE)--UFP Packaging today announced the opening of its 10,000-square-foot Packaging Design and Development Center (DDC) in Newnan, Ga. businesswire.com 2024-11-25 10:30:00 Czytaj oryginał (ang.)
UFP Technologies Announces Record Q3 2024 Results NEWBURYPORT, Mass., Nov. 05, 2024 (GLOBE NEWSWIRE) -- UFP Technologies, Inc. (Nasdaq: UFPT), an innovative designer and custom manufacturer of comprehensive solutions for medical devices, sterile packaging and other highly engineered custom products, today reported that net income increased 40% to $16.4 million in the third quarter of 2024 from $11.7 million in the third quarter of 2023. Sales for the third quarter increased 44% to $145.2 million compared to 2023 third quarter sales of $100.8 million. Net income increased 28% to $42.6 million for the nine-month period ended September 30, 2024 from $33.3 million in the same period of 2023. Sales for the nine-month period ended September 30, 2024 increased 21% to $360.4 million compared to sales of $298.6 million in the same period in 2023. Throughout this news release, reference is made to Non-GAAP measures including adjusted operating income, adjusted SG&A, adjusted net income, and adjusted EBITDA. Please see “Non-GAAP Financial Information” at the end of this news release. globenewswire.com 2024-11-05 11:00:00 Czytaj oryginał (ang.)
UFP Industries Q3 Earnings & Sales Miss Estimates, Decline Y/Y UFPI's third-quarter 2024 results reflect weak demand trends and pressures from the ongoing macroeconomic challenges. zacks.com 2024-10-29 16:45:16 Czytaj oryginał (ang.)
UFP Industries Announces Third Quarter Results GRAND RAPIDS, Mich.--(BUSINESS WIRE)--UFP Industries Announces Third Quarter Results. businesswire.com 2024-10-28 18:05:00 Czytaj oryginał (ang.)
1 Unstoppable Multibagger Up 10,200% Since 2000 to Buy and Hold Forever After a Recent Dip Here's why I'm planning to add to UFP Technologies in October even though it has already soared. fool.com 2024-10-12 11:23:00 Czytaj oryginał (ang.)
Landon Tarvin named President of UFP Retail Solutions GRAND RAPIDS, Mich.--(BUSINESS WIRE)--Landon Tarvin named President of UFP Retail Solutions. businesswire.com 2024-09-23 21:34:00 Czytaj oryginał (ang.)
Stanley Elliott named Director of Investor Relations at UFP Industries, replacing the retiring Dick Gauthier GRAND RAPIDS, Mich.--(BUSINESS WIRE)--UFP Industries, Inc. (Nasdaq: UFPI) today announced that Stanley Elliott has joined the company as director of investor relations. businesswire.com 2024-09-16 17:56:00 Czytaj oryginał (ang.)
UFP Technologies to Present and Host 1x1 Investor Meetings at the 15th Annual Midwest IDEAS Investor Conference on August 28th & 29th in Chicago, IL NEWBURYPORT, Mass., Aug. 26, 2024 (GLOBE NEWSWIRE) -- UFP Technologies (UFPT), today announced Jeffrey Bailly, Chairman and CEO, and Ron Lataille, Vice President and Chief Financial Officer, will present at the Midwest IDEAS Investor Conference on Wednesday, August 28, 2024 at The Gwen in Chicago, IL. UFP's presentation is scheduled to begin at 7:55 AM CT. The presentation is webcast and can be accessed through the conference host's main website: https://www.threepartadvisors.com/midwest and in the investor relations section of the company's website: http://www.ufpt.com. globenewswire.com 2024-08-26 13:00:00 Czytaj oryginał (ang.)
Market Meltdown or Massive Opportunity? 7 Stocks to Watch Every investor is well aware of the volatility sweeping the markets over the past few weeks. The same investors are trying to understand whether a market meltdown or massive opportunity is ahead. investorplace.com 2024-08-14 11:40:00 Czytaj oryginał (ang.)
3 Small-Cap Stocks to Buy Amid the Great Rotation It remains to be seen how long the great rotation into small-cap stocks that began in July of this year will last. Since the start of August, the Russell 2000 index that is home to most small-cap securities that trade in the U.S. has declined 8%. investorplace.com 2024-08-08 12:00:00 Czytaj oryginał (ang.)
UFP Technologies Acquires Marble Medical NEWBURYPORT, Mass., July 16, 2024 (GLOBE NEWSWIRE) -- UFP Technologies, Inc. (Nasdaq: UFPT), a designer and custom manufacturer of comprehensive solutions for medical devices, sterile packaging, and other highly engineered custom products, today announced the acquisition of Marble Medical. Founded in 1988 and headquartered in Tallahassee, FL, Marble Medical develops and manufactures adhesive based medical components and single-use devices. globenewswire.com 2024-07-16 20:05:00 Czytaj oryginał (ang.)
UFP Technologies Acquires Welch Fluorocarbon NEWBURYPORT, Mass., July 16, 2024 (GLOBE NEWSWIRE) -- UFP Technologies, Inc. (Nasdaq: UFPT), a designer and custom manufacturer of comprehensive solutions for medical devices, sterile packaging, and other highly engineered custom products, today announced the acquisition of Welch Fluorocarbon Inc. Founded in 1985 and headquartered in Dover, New Hampshire, Welch Fluorocarbon develops and manufactures thermoformed, and heat sealed implantable medical device components utilizing thin, high-performance films. globenewswire.com 2024-07-16 20:00:00 Czytaj oryginał (ang.)
UFP Technologies to Present at the CJS Securities 24th Annual New Ideas Summer Conference NEWBURYPORT, Mass., July 08, 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 present and host 1 x 1 meetings at the upcoming CJS Securities 24th Annual New Ideas Summer Conference to be held on July 10, 2024 at the Metropolis Country Club in White Plains, NY. globenewswire.com 2024-07-08 13:00:00 Czytaj oryginał (ang.)
UFP Technologies Acquires AJR Enterprises NEWBURYPORT, Mass., July 01, 2024 (GLOBE NEWSWIRE) -- UFP Technologies, Inc. (Nasdaq: UFPT), a designer and custom manufacturer of comprehensive solutions for medical devices, sterile packaging, and other highly engineered custom products, today announced the acquisition of AJR Enterprises, LLC. Headquartered in St. Charles, Illinois, with additional manufacturing in the Dominican Republic, AJR Enterprises develops and manufactures single use safe patient handling systems. globenewswire.com 2024-07-01 13:15:00 Czytaj oryginał (ang.)
UFP Technologies, Inc. to Present and Host 1x1 Investor Meetings at the 14th Annual East Coast IDEAS Investor Conference on June 12th & 13th in New York, NY NEWBURYPORT, Mass., June 10, 2024 (GLOBE NEWSWIRE) --  UFP Technologies (UFPT), today announced that Jeffrey Bailly, Chairman & CEO, and Ron Lataille, Sr. Vice President & CFO, will present at the East Coast IDEAS Investor Conference on Wednesday, June 12, 2024, at Jay Conference – Bryant Park in New York, NY. globenewswire.com 2024-06-10 13:00:00 Czytaj oryginał (ang.)
UFP Industries on the FORTUNE 500 for Third Consecutive Year GRAND RAPIDS, Mich.--(BUSINESS WIRE)--For the third consecutive year, UFP Industries was named to the FORTUNE 500 list of largest U.S. companies, landing at 493 with $7.2 bil. in revenue. businesswire.com 2024-06-04 14:54:00 Czytaj oryginał (ang.)
UFP Industries to Participate in the Stifel 2024 Cross Sector Insight Conference GRAND RAPIDS, Mich.--(BUSINESS WIRE)--UFP Industries (Nasdaq: UFPI) today announced that management will participate in the Stifel Cross Sector Insight Conference at the InterContinental Boston in Boston, Massachusetts, on June 4-5, 2024. To find additional information about UFP Industries, including the most recent investor presentation, please visit ufpinvestor.com. UFP Industries, Inc. UFP Industries, Inc. is a holding company whose operating subsidiaries – UFP Packaging, UFP Construction an. businesswire.com 2024-05-28 13:18:00 Czytaj oryginał (ang.)
Amalgamated Bank Reduces Holdings in UFP Technologies, Inc. (NASDAQ:UFPT) Amalgamated Bank lowered its stake in shares of UFP Technologies, Inc. (NASDAQ:UFPT – Free Report) by 7.1% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 2,966 shares of the industrial products company’s stock after selling 227 shares during the quarter. Amalgamated Bank’s holdings in UFP Technologies were worth $510,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Other institutional investors also recently bought and sold shares of the company. Mountain Pacific Investment Advisers Inc. ID increased its stake in shares of UFP Technologies by 46.0% during the fourth quarter. Mountain Pacific Investment Advisers Inc. ID now owns 70,360 shares of the industrial products company’s stock valued at $12,105,000 after purchasing an additional 22,163 shares in the last quarter. Peterson Wealth Services purchased a new position in UFP Technologies during the fourth quarter valued at $204,000. Charles Schwab Investment Management Inc. grew its stake in shares of UFP Technologies by 193.0% in the third quarter. Charles Schwab Investment Management Inc. now owns 57,070 shares of the industrial products company’s stock worth $9,214,000 after acquiring an additional 37,590 shares during the last quarter. EFG Asset Management North America Corp. bought a new position in shares of UFP Technologies during the third quarter valued at $1,196,000. Finally, Teachers Retirement System of The State of Kentucky boosted its stake in UFP Technologies by 112.7% in the 3rd quarter. Teachers Retirement System of The State of Kentucky now owns 2,340 shares of the industrial products company’s stock worth $378,000 after purchasing an additional 1,240 shares in the last quarter. 87.28% of the stock is owned by institutional investors. UFP Technologies Stock Performance UFPT stock opened at $259.75 on Monday. The company has a debt-to-equity ratio of 0.14, a current ratio of 2.87 and a quick ratio of 1.28. UFP Technologies, Inc. has a 1 year low of $127.29 and a 1 year high of $268.34. The company has a market cap of $1.99 billion, a P/E ratio of 41.76 and a beta of 0.90. The stock’s fifty day moving average price is $234.08 and its 200-day moving average price is $195.22. UFP Technologies (NASDAQ:UFPT – Get Free Report) last released its quarterly earnings results on Wednesday, February 21st. The industrial products company reported $1.53 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.12 by $0.41. The business had revenue of $101.50 million during the quarter, compared to the consensus estimate of $94.80 million. UFP Technologies had a return on equity of 17.40% and a net margin of 11.75%. On average, equities analysts forecast that UFP Technologies, Inc. will post 6.19 earnings per share for the current year. Insiders Place Their Bets In related news, VP Steve Cardin sold 311 shares of the firm’s stock in a transaction on Wednesday, March 13th. The stock was sold at an average price of $196.50, for a total value of $61,111.50. Following the transaction, the vice president now directly owns 5,643 shares of the company’s stock, valued at approximately $1,108,849.50. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. In related news, CEO R Jeffrey Bailly sold 27,090 shares of the company’s stock in a transaction on Friday, February 23rd. The shares were sold at an average price of $209.48, for a total value of $5,674,813.20. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, VP Steve Cardin sold 311 shares of the business’s stock in a transaction dated Wednesday, March 13th. The shares were sold at an average price of $196.50, for a total value of $61,111.50. Following the completion of the transaction, the vice president now owns 5,643 shares in the company, valued at $1,108,849.50. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 31,125 shares of company stock worth $6,511,420. Company insiders own 7.80% of the company’s stock. Analyst Upgrades and Downgrades Several research analysts have issued reports on UFPT shares. StockNews.com raised shares of UFP Technologies from a “sell” rating to a “hold” rating in a report on Thursday, February 22nd. CJS Securities assumed coverage on UFP Technologies in a research note on Wednesday, March 20th. They issued an “outperform” rating and a $255.00 price target for the company. Finally, KeyCorp began coverage on UFP Technologies in a research report on Tuesday, February 6th. They issued a “sector weight” rating for the company. Check Out Our Latest Research Report on UFPT About UFP Technologies (Free Report) UFP Technologies, Inc designs and manufactures solutions for medical devices, sterile packaging, and other highly engineered custom products. The company offers protective drapes for robotic surgery, single patient use surfaces, advanced wound care, infection prevention, disposables for surgical and endoscopic procedures, packaging for medical devices, orthopedic implants, biopharma drug manufacturing, and coils for catheters; and molded components for applications in acoustic insulation, interior trim, load floors, sunshades, SUV cargo cover handles, driveshaft damping, engine and manifold covers, quarter panels, and wheel liners. https://www.defenseworld.net 2024-05-20 08:58:56 Czytaj oryginał (ang.)
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UFP Technologies Announces Record Q1 Results NEWBURYPORT, Mass., May 01, 2024 (GLOBE NEWSWIRE) -- UFP Technologies, Inc. (Nasdaq: UFPT), a designer and custom manufacturer of comprehensive solutions primarily for the medical market, today reported net income of $12.7 million or $1.64 per diluted common share outstanding for its first quarter ended March 31, 2024, compared to net income of $9.7 million or $1.27 per diluted common share outstanding for the first quarter of 2023. Net Sales for the first quarter were $105.0 million compared to 2023 first quarter sales of $97.8 million. globenewswire.com 2024-05-01 13:00:00 Czytaj oryginał (ang.)