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

UFP Technologies (NASDAQ:UFPT - Get Free Report) is projected to issue its quarterly earnings data 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 Price Performance

UFPT traded up $3.48 on Friday, hitting $257.52. 68,871 shares of the company's stock were exchanged, compared to its average volume of 96,907. UFP Technologies has a fifty-two week low of $185.58 and a fifty-two week high of $366.41. The stock has a market cap of $1.98 billion, a price-to-earnings ratio of 36.74 and a beta of 1.04. The firm has a 50-day moving average price of $260.00 and a 200-day moving average price of $294.19. The company has a current ratio of 2.57, a quick ratio of 1.43 and a debt-to-equity ratio of 0.64.

Analyst Upgrades and Downgrades

Separately, StockNews.com cut shares of UFP Technologies from a "hold" rating to a "sell" rating in a research note 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.