UFP Technologies (UFPT) Expected to Announce Quarterly Earnings on Wednesday

UFP Technologies (NASDAQ:UFPT) is projected to announce its earnings results before the market opens on Wednesday, February 19th. Analysts expect the company to announce earnings of $2.01 per share and revenue of $141.67 million for the quarter.

UFP Technologies Trading Up 1.4 %

NASDAQ UFPT opened at $257.52 on Tuesday. The stock has a market capitalization of $1.98 billion, a P/E ratio of 36.74 and a beta of 1.04. UFP Technologies has a 52-week low of $185.58 and a 52-week high of $366.41. The firm has a 50-day moving average price of $259.40 and a 200 day moving average price of $293.52. The company has a quick ratio of 1.43, a current ratio of 2.57 and a debt-to-equity ratio of 0.64.

Analysts Set New Price Targets

Separately, StockNews.com cut shares of UFP Technologies from a “hold” rating to a “sell” rating in a report on Thursday, January 23rd.

UFP Technologies Company Profile

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.