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Fastenal, CarMax fall; Alpine Immune Sciences, Arvinas rise, Thursday, 4/11/2024
Stock market today: Global markets mixed after Wall St rebound led by Big Tech
3 High-Yield Stocks In Rebound Mode: How High Can They Go?
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NVIDIA Enters Correction: Worry or Opportunity?
How major US stock indexes fared Thursday, 4/11/2024
Blackstone’s $10 Billion Bet on Property Prices Going Up
S&P 500   5,199.06
DOW   38,459.08
QQQ   445.37
Fastenal, CarMax fall; Alpine Immune Sciences, Arvinas rise, Thursday, 4/11/2024
Stock market today: Global markets mixed after Wall St rebound led by Big Tech
3 High-Yield Stocks In Rebound Mode: How High Can They Go?
Dividend Aristocrat Fastenal Goes on Sale: Buy It While It’s Down
NVIDIA Enters Correction: Worry or Opportunity?
How major US stock indexes fared Thursday, 4/11/2024
Blackstone’s $10 Billion Bet on Property Prices Going Up
S&P 500   5,199.06
DOW   38,459.08
QQQ   445.37
Fastenal, CarMax fall; Alpine Immune Sciences, Arvinas rise, Thursday, 4/11/2024
Stock market today: Global markets mixed after Wall St rebound led by Big Tech
3 High-Yield Stocks In Rebound Mode: How High Can They Go?
Dividend Aristocrat Fastenal Goes on Sale: Buy It While It’s Down
NVIDIA Enters Correction: Worry or Opportunity?
How major US stock indexes fared Thursday, 4/11/2024
Blackstone’s $10 Billion Bet on Property Prices Going Up
S&P 500   5,199.06
DOW   38,459.08
QQQ   445.37
Fastenal, CarMax fall; Alpine Immune Sciences, Arvinas rise, Thursday, 4/11/2024
Stock market today: Global markets mixed after Wall St rebound led by Big Tech
3 High-Yield Stocks In Rebound Mode: How High Can They Go?
Dividend Aristocrat Fastenal Goes on Sale: Buy It While It’s Down
NVIDIA Enters Correction: Worry or Opportunity?
How major US stock indexes fared Thursday, 4/11/2024
Blackstone’s $10 Billion Bet on Property Prices Going Up
NASDAQ:UFPT

UFP Technologies (UFPT) Stock Price, News & Analysis

$227.86
-9.07 (-3.83%)
(As of 04/11/2024 ET)
Today's Range
$226.84
$240.56
50-Day Range
$170.66
$253.27
52-Week Range
$127.29
$257.29
Volume
72,318 shs
Average Volume
73,495 shs
Market Capitalization
$1.74 billion
P/E Ratio
38.95
Dividend Yield
N/A
Price Target
$238.50

UFP Technologies MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
4.7% Upside
$238.50 Price Target
Short Interest
Healthy
2.92% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
1.30mentions of UFP Technologies in the last 14 days
Based on 6 Articles This Week
Insider Trading
Selling Shares
$6.51 M Sold Last Quarter
Proj. Earnings Growth
9.53%
From $6.19 to $6.78 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.18 out of 5 stars

Industrial Products Sector

364th out of 501 stocks

Surgical & Medical Instruments Industry

163rd out of 273 stocks

UFPT stock logo

About UFP Technologies Stock (NASDAQ:UFPT)

UFP Technologies, Inc. is a leading designer and custom manufacturer of specialized foam, film, and plastic solutions. Founded in 1963 as United Packaging Corporation, the company has established itself as a key player in the market, catering to various industries with innovative products and services. Headquartered in Newburyport, Massachusetts, UFP Technologies operates multiple manufacturing facilities to effectively serve its diverse customer base.

UFP Technologies primarily focuses on the medical market, providing various components, sub-assemblies, products, and packaging solutions. The company's mission is to deliver high-quality, customized solutions that meet the unique needs of its customers. Its offerings include protective drapes for robotic surgery, advanced wound care products, infection prevention solutions, disposable items for surgical procedures, orthopedic implant packaging, and much more.

With a commitment to innovation and advanced manufacturing techniques, such as molding, laminating, fabricating, and radio frequency welding, UFP Technologies converts raw materials into finished products that exceed industry standards. The company's expertise extends beyond the medical sector to serve the aerospace, defense, automotive, consumer goods, electronics, and industrial markets.

UFP Technologies has developed strong relationships with key customers across various industries. It serves medical device manufacturers, automotive companies, consumer brands, and defense contractors. By understanding the specific requirements of its customers, UFP Technologies consistently delivers tailored solutions that meet their needs and exceed expectations.

UFP Technologies is led by a highly skilled and experienced management team dedicated to driving the company's success. Chairman and Chief Executive Officer (CEO) R. Jeffrey Bailly has been with UFP Technologies for over three decades and has been the CEO since 1995. He has played a pivotal role in the company's strategic growth, expanding into new markets and product lines.

Ronald J. Lataille joined UFP Technologies in 2002 and has held various leadership positions. As the President and Chief Operating Officer, he oversees daily operations, drives operational excellence, and ensures customer satisfaction.

UFP Technologies has demonstrated solid financial performance over the years. The company's revenue has shown consistent growth. UFP Technologies has maintained healthy profit margins of over 10% with a focus on operational efficiency. 

The company has a strong balance sheet with a low debt-to-equity ratio, indicating a favorable debt position. The company's financial metrics position the company well for sustainable growth and investment opportunities.

It is crucial to consider the factors driving the company's valuation. UFP Technologies' consistent revenue growth, solid profit margins, and strong market presence in various industries contribute to its attractiveness to investors. The company's focus on customized solutions and its ability to meet customers' unique needs further enhance its value proposition. Additionally, UFP Technologies' reputation for innovation, quality, and customer satisfaction positions it favorably in the market.

UFP Technologies operates in the surgical and medical instruments industry, catering to a diverse range of sectors such as healthcare, automotive, aerospace, defense, and consumer goods. The broader industry is driven by technological advancements, evolving healthcare needs, and increasing demand for customized solutions.

The company faces competition from established players and emerging companies within the industry. It is essential for UFP Technologies to continuously innovate, develop new solutions, and adapt to changing market trends to maintain a competitive edge. The company's strong expertise in specialized foam, film, and plastic solutions positions it well within the industry.

UFP Technologies has several growth opportunities that can drive its future success. The company can capitalize on the increasing demand for advanced wound care products, infection prevention solutions, and disposable items in the medical market. Expanding its product offerings and penetrating new markets, such as biopharma drug manufacturing or commercial aviation, can contribute to revenue growth.

Furthermore, strategic acquisitions and partnerships can provide UFP Technologies access to new technologies, expanded customer bases, and increased market share. The company's emphasis on research and development and its ability to provide innovative and customized solutions position it favorably to pursue growth opportunities in the evolving market landscape.

UFP Technologies, like any company, faces potential risks and challenges. Changes in consumer preferences, market trends, or regulatory landscapes can impact the demand for its products and services. The industry's highly competitive nature also poses a challenge, requiring UFP Technologies to differentiate itself and continuously adapt to evolving customer needs.

The company must maintain effective risk management strategies to mitigate potential challenges. This includes closely monitoring market dynamics, diversifying its customer base, investing in research and development, and staying ahead of technological advancements. UFP Technologies' strong track record, customer relationships, and commitment to quality and innovation contribute to its ability to overcome these challenges.

UFPT Stock Price History

UFPT Stock News Headlines

IRS Loophole Gives Americans An Escape From Inflation
In the years immediately following 2008-09, as the economy stagnated, gold exploded in value. Today, Goldman Sachs is telling its clients that gold may reach $2,250 within the next few years. Don't miss your chance to diversify your savings.
Chimerix Appoints Marc D. Kozin to Board of Directors
UFP Technologies Inc.
IRS Loophole Gives Americans An Escape From Inflation
In the years immediately following 2008-09, as the economy stagnated, gold exploded in value. Today, Goldman Sachs is telling its clients that gold may reach $2,250 within the next few years. Don't miss your chance to diversify your savings.
UFPT Apr 2024 150.000 put
UFPT Jul 2024 150.000 call
UFP: Q4 Earnings Snapshot
UFP Technologies Announces Record 2023 Results
UFP Technologies Announces Record 2023 Results
UFPT Mar 2024 170.000 call
UFPT Mar 2024 165.000 put
Mitchell Rock Named President of UFP Technologies
See More Headlines
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Company Calendar

Last Earnings
2/21/2024
Today
4/11/2024
Next Earnings (Estimated)
5/07/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Surgical & medical instruments
Sub-Industry
Paper Packaging
Current Symbol
NASDAQ:UFPT
CUSIP
90267310
Employees
3,293
Year Founded
1963

Price Target and Rating

Average Stock Price Target
$238.50
High Stock Price Target
$255.00
Low Stock Price Target
$222.00
Potential Upside/Downside
+4.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
2 Analysts

Profitability

Net Income
$44.92 million
Pretax Margin
13.47%

Debt

Sales & Book Value

Annual Sales
$400.07 million
Cash Flow
$6.96 per share
Book Value
$37.45 per share

Miscellaneous

Free Float
7,046,000
Market Cap
$1.74 billion
Optionable
Optionable
Beta
0.83

Social Links

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Key Executives

  • Mr. R. Jeffrey Bailly (Age 62)
    CEO & Chairman
    Comp: $2.32M
  • Mr. Mitchell Caplan Rock (Age 56)
    President
    Comp: $829.96k
  • Mr. Ronald J. Lataille (Age 62)
    CFO, Senior VP & Treasurer
    Comp: $828.02k
  • Mr. Christopher P. Litterio Esq. (Age 61)
    General Counsel, Secretary & Senior VP of Human Resources
    Comp: $607.24k
  • Mr. Steven G. Cardin
    VP & COO of MedTech
  • Mr. Jason Holt (Age 49)
    Chief Commercial Officer
  • Ms. Daniella Mehalik (Age 34)
    Vice President of Finance

UFPT Stock Analysis - Frequently Asked Questions

Should I buy or sell UFP Technologies stock right now?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for UFP Technologies in the last twelve months. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" UFPT shares.
View UFPT analyst ratings
or view top-rated stocks.

What is UFP Technologies' stock price target for 2024?

2 Wall Street research analysts have issued 12 month target prices for UFP Technologies' shares. Their UFPT share price targets range from $222.00 to $255.00. On average, they predict the company's share price to reach $238.50 in the next year. This suggests a possible upside of 4.7% from the stock's current price.
View analysts price targets for UFPT
or view top-rated stocks among Wall Street analysts.

How have UFPT shares performed in 2024?

UFP Technologies' stock was trading at $172.04 on January 1st, 2024. Since then, UFPT stock has increased by 32.4% and is now trading at $227.86.
View the best growth stocks for 2024 here
.

When is UFP Technologies' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 7th 2024.
View our UFPT earnings forecast
.

How were UFP Technologies' earnings last quarter?

UFP Technologies, Inc. (NASDAQ:UFPT) announced its quarterly earnings results on Wednesday, February, 21st. The industrial products company reported $1.53 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.12 by $0.41. The industrial products company had revenue of $101.50 million for the quarter, compared to analysts' expectations of $94.80 million. UFP Technologies had a net margin of 11.23% and a trailing twelve-month return on equity of 25.48%.

What is R. Jeffrey Bailly's approval rating as UFP Technologies' CEO?

18 employees have rated UFP Technologies Chief Executive Officer R. Jeffrey Bailly on Glassdoor.com. R. Jeffrey Bailly has an approval rating of 54% among the company's employees. This puts R. Jeffrey Bailly in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of UFP Technologies own?

Based on aggregate information from My MarketBeat watchlists, some companies that other UFP Technologies investors own include Verizon Communications (VZ), NextEra Energy (NEE), AT&T (T), Altria Group (MO), Southern (SO), British American Tobacco (BTI), Walt Disney (DIS), Home Depot (HD), Keysight Technologies (KEYS) and Paycom Software (PAYC).

Who are UFP Technologies' major shareholders?

UFP Technologies' stock is owned by many different retail and institutional investors. Top institutional shareholders include Congress Asset Management Co. MA (2.43%), Mountain Pacific Investment Advisers Inc. ID (1.18%), Confluence Investment Management LLC (0.25%) and Fragasso Group Inc. (0.01%). Insiders that own company stock include Christopher P Litterio, Cynthia L Feldmann, Daniel C Croteau, Jason Holt, Mitchell Rock, R Jeffrey Bailly, Ronald J Lataille, Steve Cardin and Thomas Oberdorf.
View institutional ownership trends
.

How do I buy shares of UFP Technologies?

Shares of UFPT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does UFP Technologies have any subsidiaries?
The following companies are subsidiares of UFP Technologies: Advanced Materials Group, Dielectrics Inc., E.N. Murray, FCE Industries, Foamade Industries, Moulded Fibre Technology Inc., Pacific Foam, Packaging Alternatives, Patterson Properties Corporation, Simco Industries Inc., and Stephenson & Lawyer Inc..
Read More
This page (NASDAQ:UFPT) was last updated on 4/12/2024 by MarketBeat.com Staff

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