NASDAQ:ULBI

Ultralife - ULBI Stock Forecast, Price & News

$4.02

-0.02 (-0.50%)

(As of 03/22/2023 02:48 PM ET)

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Today's Range: $4.02
▼
$4.10
50-Day Range: $3.90
▼
$4.20
52-Week Range: $3.67
▼
$5.78

Volume: 8,621 shs
Average Volume: 22,268 shs
Market Capitalization: $64.86 million

P/E Ratio: 58.00
Dividend Yield: N/A
Price Target: N/A

Institutional Ownership

Ultralife MarketRank™ Forecast

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: Healthy
0.18% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.71
Based on 2 Articles This Week
Insider Trading: Acquiring Shares
$30,575 Bought Last Quarter
Proj. Earnings Growth: N/A

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.45 out of 5 stars

Computer And Technology Sector

184th out of 601 stocks

Miscellaneous Electrical Machinery, Equipment, & Supplies Industry

3rd out of 24 stocks

N/A

Analyst's Opinion

Consensus Rating
There is not enough analysis data for Ultralife.

5.0

Short Interest

Percentage of Shares Shorted
0.18% of the float of Ultralife has been sold short.
Short Interest Ratio / Days to Cover
Ultralife has a short interest ratio ("days to cover") of 0.6, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Ultralife has recently decreased by 11.28%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
Ultralife does not currently pay a dividend.
Dividend Growth
Ultralife does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for ULBI.

2.6

News and Social Media Coverage

News Sentiment
Ultralife has a news sentiment score of 0.71. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.37 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for Ultralife this week, compared to 1 article on an average week.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Ultralife insiders have bought more of their company's stock than they have sold. Specifically, they have bought $30,575.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
40.20% of the stock of Ultralife is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 25.67% of the stock of Ultralife is held by institutions.

1.9

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Ultralife is 58.00, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 119.27.
Price to Earnings Ratio vs. Sector
The P/E ratio of Ultralife is 58.00, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 327.64.
Price to Book Value per Share Ratio
Ultralife has a P/B Ratio of 0.55. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Ultralife (NASDAQ:ULBI) Stock

Ultralife Corp. engages in the manufacture and sale of products for power solutions. It operates through the Battery & Energy Products and Communications System segments. The Battery & Energy Products segment includes Lithium 9-volt, cylindrical, thin cell and various other non-rechargeable batteries, in addition to rechargeable batteries, uninterruptable power supplies, charging systems, and accessories such as cables. The Communications System segment comprises radio frequency amplifiers, power supplies, cable and connector assemblies, amplified speakers, equipment mounts, case equipment, integrated communication systems for fixed or vehicle applications, and communications and electronics systems design. The company was founded by Arthur M. Liberman in December 1990 and is headquartered in Newark, NY.

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ULBI Stock News Headlines

March 19, 2023 | finance.yahoo.com

Insider Buying: The Ultralife Corporation (NASDAQ:ULBI) Independent Chairman Just Bought US$122k Worth Of Shares

March 19, 2023 | americanbankingnews.com

Ultralife (NASDAQ:ULBI) Receives New Coverage from Analysts at StockNews.com

March 22, 2023 | Investing Daily (Ad)

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March 15, 2023 | americanbankingnews.com

Ultralife Co. (NASDAQ:ULBI) Sees Significant Drop in Short Interest

March 4, 2023 | finance.yahoo.com

Ultralife Full Year 2022 Earnings: US$0.007 loss per share (vs US$0.015 loss in FY 2021)

February 26, 2023 | finance.yahoo.com

The past five years for Ultralife (NASDAQ:ULBI) investors has not been profitable

February 21, 2023 | finance.yahoo.com

Ultralife Corporation to Report Fourth Quarter Results on March 2, 2023

January 15, 2023 | finance.yahoo.com

Bullish insiders bet US$1.6m on Ultralife Corporation (NASDAQ:ULBI)

March 22, 2023 | Stansberry Research (Ad)

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November 22, 2022 | finance.yahoo.com

Ultralife Corporation Names Michael E. Manna President & CEO

October 13, 2022 | globenewswire.com

Ultralife Corporation to Report Third Quarter Results on October 27, 2022 - GlobeNewswire

October 13, 2022 | finance.yahoo.com

Ultralife Corporation to Report Third Quarter Results on October 27, 2022

October 8, 2022 | nasdaq.com

Ultralife (NASDAQ:ULBI) Is Carrying A Fair Bit Of Debt - Nasdaq

October 8, 2022 | globenewswire.com

Global Consumer Batteries Market to Reach $52.8 Billion by 2027 - GlobeNewswire

October 7, 2022 | finance.yahoo.com

Global Consumer Batteries Market to Reach $52.8 Billion by 2027 - Yahoo Finance

October 6, 2022 | nasdaq.com

Ultralife (NASDAQ:ULBI) Is Carrying A Fair Bit Of Debt

October 4, 2022 | reuters.com

ULBI.O - Ultralife Corp. | Stock Price & Latest News | Reuters

September 26, 2022 | uk.finance.yahoo.com

Ultralife Corporation (ULBI)

September 24, 2022 | benzinga.com

Ultralife Corporation Receives $7.5 Million Communications Systems Contract - Ultralife (NASDAQ:ULBI) - Benzinga

September 22, 2022 | seekingalpha.com

Ultralife secures $7.5M communications systems contract (NASDAQ:ULBI) - Seeking Alpha

September 22, 2022 | finance.yahoo.com

Ultralife Corporation Receives $7.5 Million Communications Systems Contract

September 18, 2022 | finance.yahoo.com

The past three years for Ultralife (NASDAQ:ULBI) investors has not been profitable - Yahoo Finance

September 18, 2022 | finance.yahoo.com

The past three years for Ultralife (NASDAQ:ULBI) investors has not been profitable

September 6, 2022 | benzinga.com

Thin Film And Printed Battery Market size worth $ 866.88 Million, Globally, by 2030 at 24.45% CAGR: Veri - Benzinga

August 24, 2022 | benzinga.com

Outlook on the Lithium Manganese Dioxide Battery Global Market to 2028 - Featuring Maxell, FDK, Energizer - Benzinga

August 23, 2022 | finance.yahoo.com

Flexible Batteries Market Top 10 Manufacturers Business Strategies Detailed Analysis Report 2022-2030 | MDC Research - Yahoo Finance

August 23, 2022 | businesswire.com

Global Lithium Manganese Dioxide Battery Market Report to 2028 - High Demand for Implantable Medical Devices is Driving Growth - ResearchAndMarkets.com - Business Wire

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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ULBI Company Calendar

Last Earnings: 10/28/2021
Today: 3/22/2023
Next Earnings (Estimated): 4/27/2023
Fiscal Year End: 12/31/2023

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Miscellaneous electrical machinery, equipment, & supplies
Sub-Industry: N/A
Sector: Computer and Technology
Current Symbol: NASDAQ:ULBI
CUSIP: N/A
CIK: 875657
Web: www.ultralifecorporation.com
Phone: (315) 332-7100
Fax: 315-331-7800
Employees: 560
Year Founded: 1990

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: 58.00
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-120,000.00
Net Margins: -0.09%
Pretax Margin: -1.18%
Return on Equity: 0.84%
Return on Assets: 0.60%

Debt

Debt-to-Equity Ratio: 0.18
Current Ratio: 2.81
Quick Ratio: 1.36

Sales & Book Value

Annual Sales: $131.84 million
Price / Sales: 0.49
Cash Flow: $0.20 per share
Price / Cash Flow: 19.87
Book Value: $7.32 per share
Price / Book: 0.55

Miscellaneous

Outstanding Shares: 16,134,000
Free Float: 9,648,000
Market Cap: $65.18 million
Optionable: Optionable
Beta: 1.24

Social Links

Key Executives

Michael Edward Manna
President, Chief Executive Officer & Director

Philip A. Fain
Chief Financial Officer, Secretary & Treasurer

Jin Shu Zhang
Assistant General Manager & Sales Director

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

ULBI Stock - Frequently Asked Questions

How have ULBI shares performed in 2023?: Ultralife's stock was trading at $3.86 at the beginning of 2023. Since then, ULBI shares have increased by 4.7% and is now trading at $4.04.
View the best growth stocks for 2023 here.
Are investors shorting Ultralife?: Ultralife saw a decrease in short interest in the month of February. As of February 28th, there was short interest totaling 17,300 shares, a decrease of 11.3% from the February 13th total of 19,500 shares. Based on an average daily volume of 30,400 shares, the days-to-cover ratio is currently 0.6 days. Approximately 0.2% of the shares of the stock are short sold.
View Ultralife's Short Interest.
When is Ultralife's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, April 27th 2023.
View our ULBI earnings forecast.
How were Ultralife's earnings last quarter?: Ultralife Co. (NASDAQ:ULBI) issued its quarterly earnings results on Thursday, October, 28th. The technology company reported ($0.04) earnings per share for the quarter, missing the consensus estimate of $0.08 by $0.12. The technology company earned $21.76 million during the quarter. Ultralife had a positive trailing twelve-month return on equity of 0.84% and a negative net margin of 0.09%.
What other stocks do shareholders of Ultralife own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Ultralife investors own include Sociedad Química y Minera de Chile (SQM), Aurora Cannabis (ACBFF), OPKO Health (OPK), Aurora Cannabis (ACB), Arotech (ARTX), Antares Pharma (ATRS), Enterprise Products Partners (EPD), Verizon Communications (VZ) and Teva Pharmaceutical Industries (TEVA).
What is Ultralife's stock symbol?: Ultralife trades on the NASDAQ under the ticker symbol "ULBI."

Who are Ultralife's major shareholders?: Ultralife's stock is owned by many different institutional and retail investors. Top institutional shareholders include Janney Montgomery Scott LLC (3.38%), Morgan Stanley (1.14%), Renaissance Technologies LLC (1.04%), Teton Advisors Inc. (0.95%), Susquehanna International Group LLP (0.23%) and Millennium Management LLC (0.16%). Insiders that own company stock include Bradford T Whitmore, Michael Edward Manna, Philip A Fain, Thomas Louis Saeli and W Shaw Robert.
View institutional ownership trends.
How do I buy shares of Ultralife?: Shares of ULBI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Ultralife's stock price today?: One share of ULBI stock can currently be purchased for approximately $4.04.
How much money does Ultralife make?: Ultralife (NASDAQ:ULBI) has a market capitalization of $65.18 million and generates $131.84 million in revenue each year.
How many employees does Ultralife have?: The company employs 560 workers across the globe.
Does Ultralife have any subsidiaries?: The following companies are subsidiares of Ultralife: ABLE New Energy Co. Limited, Accutronics Ltd., CLB Inc., Southwest Electronic Energy Corporation, Ultralife Batteries (UK) LTD, Ultralife Batteries India Private Limited, Ultralife Energy Services Corporation, and Ultralife UK LTD.
Read More
How can I contact Ultralife?: Ultralife's mailing address is 2000 TECHNOLOGY PARKWAY, NEWARK NY, 14513. The official website for the company is www.ultralifecorporation.com. The technology company can be reached via phone at (315) 332-7100 or via fax at 315-331-7800.

This page (NASDAQ:ULBI) was last updated on 3/22/2023 by MarketBeat.com Staff

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Ultralife - ULBI Stock Forecast, Price & News

Ultralife MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Company Ownership

Earnings and Valuation

About Ultralife (NASDAQ:ULBI) Stock

ULBI Stock News Headlines

ULBI Company Calendar

Industry, Sector and Symbol

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

Key Executives

Key Competitors

Insiders & Institutions

ULBI Stock - Frequently Asked Questions

Overall MarketRank^™