How Analysts Feel About UFP Technologies, Inc. (UFPT) After Touching 52-Week High?

April 16, 2018 - By Richard Conner

UFP Technologies, Inc. (NASDAQ:UFPT) Logo

Investors sentiment decreased to 1.5 in Q4 2017. Its down 0.20, from 1.7 in 2017Q3. It worsened, as 4 investors sold UFP Technologies, Inc. shares while 22 reduced holdings. 14 funds opened positions while 25 raised stakes. 4.95 million shares or 1.37% more from 4.88 million shares in 2017Q3 were reported.
Los Angeles Capital Management Equity Rech Inc holds 7,596 shares. Eagle Ridge Management owns 10,679 shares or 0.05% of their US portfolio. Barclays Public Limited Co has invested 0% of its portfolio in UFP Technologies, Inc. (NASDAQ:UFPT). Stone Ridge Asset Mgmt Ltd Liability reported 0.01% in UFP Technologies, Inc. (NASDAQ:UFPT). Acadian Asset Ltd invested 0% of its portfolio in UFP Technologies, Inc. (NASDAQ:UFPT). California State Teachers Retirement Sys holds 10,238 shares or 0% of its portfolio. Stratos Wealth Ltd reported 2,675 shares. Oppenheimer Asset holds 0.02% or 20,809 shares. Bank & Trust Of Ny Mellon Corporation holds 0% or 49,923 shares in its portfolio. Blackrock Incorporated reported 0% stake. Prelude Capital Management stated it has 0.01% in UFP Technologies, Inc. (NASDAQ:UFPT). Moreover, Northern Corporation has 0% invested in UFP Technologies, Inc. (NASDAQ:UFPT). Ledyard Commercial Bank holds 0% in UFP Technologies, Inc. (NASDAQ:UFPT) or 800 shares. Dimensional Fund Ltd Partnership has invested 0% of its portfolio in UFP Technologies, Inc. (NASDAQ:UFPT). National Bank & Trust Of America De invested 0% of its portfolio in UFP Technologies, Inc. (NASDAQ:UFPT).

Since April 5, 2018, it had 0 buys, and 2 sales for $57,856 activity.

The stock of UFP Technologies, Inc. (NASDAQ:UFPT) hit a new 52-week high and has $33.44 target or 4.00 % above today’s $32.15 share price. The 9 months bullish chart indicates low risk for the $235.19 million company. The 1-year high was reported on Apr, 16 by Barchart.com. If the $33.44 price target is reached, the company will be worth $9.41 million more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock.

The stock increased 0.78% or $0.25 during the last trading session, reaching $32.15. About 2,582 shares traded. UFP Technologies, Inc. (NASDAQ:UFPT) has risen 18.18% since April 16, 2017 and is uptrending. It has outperformed by 6.63% the S&P500.

Analysts await UFP Technologies, Inc. (NASDAQ:UFPT) to report earnings on May, 2. They expect $0.40 EPS, up 33.33 % or $0.10 from last year’s $0.3 per share. UFPT’s profit will be $2.93M for 20.09 P/E if the $0.40 EPS becomes a reality. After $0.37 actual EPS reported by UFP Technologies, Inc. for the previous quarter, Wall Street now forecasts 8.11 % EPS growth.

UFP Technologies, Inc. designs and converts foams, plastics, composites, and natural fiber materials and provides solutions to medical, automotive, consumer, electronics, industrial, aerospace, and defense markets in the United States. The company has market cap of $235.19 million. It offers medical device components, disposable wound care components, automotive interior trims, athletic padding, abrasive nail files and other beauty aids, air filtration, high-temperature insulation, military uniform and gear components, and cushion packaging products. It has a 25.52 P/E ratio. The firm also provides wine shipping solutions made from molded fiber under the Wine Packs brand name; tube and pipe insulation for clean room environments under the T-Tubes brand; pharmaceutical bag protection system under the BioShell brand name; sanitary solution for nail care services under the Pro-Sticks brand; medical device pouch for protecting small instruments and tools under the FlexShield brand name; and multi-purpose cleaning eraser under the Erasables brand, as well as various products under the Spot Eraser, Tri-Covers, Design Nail, and Mambo names.

UFP Technologies, Inc. (NASDAQ:UFPT) Institutional Positions Chart

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