UFP Technologies Inc (NASDAQ: UFPT) has reported earnings for its second fiscal quarter (ending June 30) of $1.77 versus $1.56 for the same period a year ago. For the latest four quarters through June 30, E.P.S. were $6.48 versus $6.54 for the same period a year ago.
Recent Price Action
UFP Technologies Inc (NASDAQ: UFPT) stock closed at $321.59 on 7/31/24 after an increase of 1.5%. Moreover, above average trading volume at 122% of normal accompanied the advance. The stock has been exceptionally strong relative to the market over the last nine months but has declined -3.3% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, UFPT is expected to continue to be a Value Builder.
UFP Technologies has a current Value Trend Rating of C (High Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. UFP Technologies has a poor Appreciation Score of 18 but a very high Power Rating of 96, resulting in the High Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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