UFP Technologies, Inc. (UFPT) Stock Price Hits All-Time High Today

April 17, 2018 - By Kenneth Lin

UFP Technologies, Inc. (NASDAQ:UFPT) Logo

Investors sentiment decreased to 1.5 in 2017 Q4. Its down 0.20, from 1.7 in 2017Q3. It fall, 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.
Macquarie Grp holds 0% or 2,757 shares. Bnp Paribas Arbitrage reported 1,923 shares or 0% of all its holdings. Ledyard Financial Bank invested in 0% or 800 shares. California Public Employees Retirement invested in 35,000 shares. Envestnet Asset Mngmt accumulated 105 shares or 0% of the stock. Citigroup Inc has invested 0% in UFP Technologies, Inc. (NASDAQ:UFPT). Wcm Ca accumulated 280,926 shares. Stone Ridge Asset Limited Liability Corp reported 0.01% stake. Strs Ohio invested in 600 shares. California State Teachers Retirement System has invested 0% in UFP Technologies, Inc. (NASDAQ:UFPT). 2,675 were reported by Stratos Wealth Prtn Ltd. Caprock Group Inc Inc, a Idaho-based fund reported 8,655 shares. Wellington Mgmt Group Incorporated Llp stated it has 358,554 shares. Moreover, Fmr Limited Liability has 0% invested in UFP Technologies, Inc. (NASDAQ:UFPT). Huber Capital Mngmt Limited Liability Corporation holds 0.18% or 121,990 shares.

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

The stock of UFP Technologies, Inc. (NASDAQ:UFPT) reached all time high today, Apr, 17 and still has $33.07 target or 4.00 % above today’s $31.80 share price. This indicates more upside for the $232.63M company. This technical setup was reported by Barchart.com. If the $33.07 PT is reached, the company will be worth $9.31M more.
Trading stocks at an all time highs is usually a winning strategy. An all time high points to a stock which has the most positive fundamentals ever. Even thought the pullback rate is high, if correct risk management is utilized, investors can trade very well such events.

The stock increased 0.47% or $0.15 during the last trading session, reaching $31.8. About 16,686 shares traded. UFP Technologies, Inc. (NASDAQ:UFPT) has risen 18.18% since April 17, 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 earnings per share, up 33.33 % or $0.10 from last year’s $0.3 per share. UFPT’s profit will be $2.93M for 19.88 P/E if the $0.40 EPS becomes a reality. After $0.37 actual earnings per share 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 $232.63 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 25.24 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

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: