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NASDAQ:ULBI

Ultralife (ULBI) Stock Price, News & Analysis

Ultralife logo
$7.18 -0.13 (-1.78%)
(As of 11/20/2024 ET)

About Ultralife Stock (NASDAQ:ULBI)

Key Stats

Today's Range
$7.10
$7.39
50-Day Range
$7.18
$9.77
52-Week Range
$6.36
$13.39
Volume
78,641 shs
Average Volume
79,757 shs
Market Capitalization
$119.38 million
P/E Ratio
13.05
Dividend Yield
N/A
Price Target
$14.00
Consensus Rating
Buy

Company Overview

Ultralife Corporation, together with its subsidiaries, designs, manufactures, installs, and maintains power, and communication and electronics systems worldwide. The company operates in two segments, Battery & Energy Products and Communications Systems. The Battery & Energy Products segment offers lithium 9-volt, cylindrical, thin lithium manganese dioxide, rechargeable, and other non-rechargeable batteries; lithium-ion cells, multi-kilowatt module lithium-ion battery systems, and uninterruptable power supplies; and rugged military and commercial battery charging systems and accessories, including smart chargers, multi-bay charging systems, and various cables. The Communications Systems segment provides communications systems and accessories to support military communications systems, such as radio frequency amplifiers, power supplies and cables, connector assemblies, amplified speakers, equipment mounts, case equipment, man-portable systems, and integrated communication systems for fixed or vehicle applications comprising vehicle adapters, vehicle installed power enhanced rifleman appliqué systems, and SATCOM systems. This segment's military communications systems and accessories are designed to enhance and extend the operation of communications equipment, such as vehicle-mounted, manpack, and handheld transceivers. The company sells its products under the Ultralife, Ultralife HiRate, Ultralife Thin Cell, Ultralife Batteries, Lithium Power, McDowell Research, AMTITM, ABLETM, ACCUTRONICS, ACCUPRO, ENTELLION, SWE Southwest Electronic Energy Group, SWE SEASAFE, Excell Battery Group, and Criterion Gauge brands through original equipment manufacturers, and industrial and defense supply distributors. In addition, it sells its 9-volt battery to the broader consumer market through national and regional retail chains and online retailers. It serves government, defense, and commercial sectors. The company was incorporated in 1990 and is headquartered in Newark, New York.

Ultralife Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
77th Percentile Overall Score

ULBI MarketRank™: 

Ultralife scored higher than 77% of companies evaluated by MarketBeat, and ranked 222nd out of 648 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Ultralife has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Ultralife has only been the subject of 1 research reports in the past 90 days.

  • Read more about Ultralife's stock forecast and price target.
  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Ultralife is 13.05, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 134.38.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Ultralife is 13.05, 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 269.47.

  • Price to Book Value per Share Ratio

    Ultralife has a P/B Ratio of 0.93. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

  • Read more about Ultralife's valuation and earnings.
  • Percentage of Shares Shorted

    1.71% 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 2.9, 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 0.75%, indicating that investor sentiment is improving.
  • Dividend Yield

    Ultralife does not currently pay a dividend.

  • Dividend Growth

    Ultralife does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    1.71% 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 2.9, 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 0.75%, indicating that investor sentiment is improving.
  • News Sentiment

    Ultralife has a news sentiment score of 0.34. 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 lower news sentiment than the 0.58 average news sentiment score of Computer and Technology companies.
  • News Coverage This Week

    MarketBeat has tracked 5 news articles for Ultralife this week, compared to 1 article on an average week.
  • 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 $19,775.00 in company stock and sold $0.00 in company stock.

  • Percentage Held by Insiders

    39.90% 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 30.68% of the stock of Ultralife is held by institutions.

  • Read more about Ultralife's insider trading history.
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ULBI Stock News Headlines

Ultralife's (ULBI) "Buy" Rating Reiterated at Benchmark
When it comes to NVDA… “acceleration cycles” are the key
Expert options trader Graham Lindman has been working on a new way to tap into Nvidia’s options… By simply isolating outsized “acceleration cycles” within Nvidia stock (most investors don’t even know it exists)... And thanks to many months and late nights working out the kinks of the systems… They have finally found a way to target these cycles on Nvidia over and over again.
Ultralife (ULBI) Receives a Rating Update from a Top Analyst
Ultralife Corporation Reports Mixed Q3 Earnings
Ultralife reports Q3 adjusted EPS 1c vs 10c last year
See More Headlines

ULBI Stock Analysis - Frequently Asked Questions

Ultralife's stock was trading at $6.82 at the beginning of the year. Since then, ULBI shares have increased by 5.3% and is now trading at $7.18.
View the best growth stocks for 2024 here
.

Ultralife Co. (NASDAQ:ULBI) issued its quarterly earnings results on Thursday, July, 25th. The technology company reported $0.22 earnings per share for the quarter, beating analysts' consensus estimates of $0.14 by $0.08. The technology company had revenue of $42.98 million for the quarter. Ultralife had a net margin of 5.44% and a trailing twelve-month return on equity of 7.92%.

Ultralife subsidiaries include these companies: ABLE New Energy Co. Limited, Accutronics Ltd., CLB Inc., Southwest Electronic Energy Corporation, Ultralife Batteries India Private Limited, Ultralife Batteries (UK) LTD, Ultralife Energy Services Corporation, and Ultralife UK LTD.

Ultralife's top institutional investors include Janney Montgomery Scott LLC (2.67%), Geode Capital Management LLC (1.40%), Connor Clark & Lunn Investment Management Ltd. (0.95%) and State Street Corp (0.71%). Insiders that own company stock include Bradford T Whitmore, Thomas Louis Saeli, W Shaw Robert, Michael Edward Manna, Janie Goddard and Philip A Fain.
View institutional ownership trends
.

Shares of ULBI 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.

Based on aggregate information from My MarketBeat watchlists, some other companies that Ultralife investors own include NVIDIA (NVDA), Broadcom (AVGO), Meta Platforms (META), Arista Networks (ANET), e.l.f. Beauty (ELF), Jabil (JBL) and Adobe (ADBE).

Company Calendar

Last Earnings
7/25/2024
Today
11/20/2024
Fiscal Year End
12/31/2024
Next Earnings (Estimated)
2/20/2025

Industry, Sector and Symbol

Industry
Miscellaneous electrical machinery, equipment, & supplies
Sub-Industry
Electrical Equipment
Current Symbol
NASDAQ:ULBI
Employees
560
Year Founded
1990

Price Target and Rating

Average Stock Price Target
$14.00
High Stock Price Target
$14.00
Low Stock Price Target
$14.00
Potential Upside/Downside
+95.0%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$7.20 million
Pretax Margin
6.61%

Debt

Sales & Book Value

Annual Sales
$165.15 million
Cash Flow
$0.74 per share
Book Value
$7.68 per share

Miscellaneous

Free Float
9,993,000
Market Cap
$119.38 million
Optionable
Optionable
Beta
0.98

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This page (NASDAQ:ULBI) was last updated on 11/21/2024 by MarketBeat.com Staff
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