UFP Technologies, Inc. (UFPT)
NASDAQ: UFPT · IEX Real-Time Price · USD
208.02
-9.72 (-4.46%)
Apr 19, 2024, 3:57 PM EDT - Market open
UFP Technologies Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for UFP Technologies stock have an average target of 238.5, with a low estimate of 222 and a high estimate of 255. The average target predicts an increase of 14.65% from the current stock price of 208.02.
Analyst Consensus: Buy
* Price targets were last updated on Mar 20, 2024.
Analyst Ratings
The average analyst rating for UFPT stock from 3 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 0 | 0 | 0 | 0 | 1 | 1 |
| Hold | 0 | 0 | 0 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 1 | 1 | 1 | 2 | 3 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| CJS Securities | CJS Securities | Buy Initiates $255 | Buy | Initiates | $255 | +22.58% | Mar 20, 2024 |
| Keybanc | Keybanc | Hold Initiates n/a | Hold | Initiates | n/a | n/a | Feb 6, 2024 |
| Lake Street | Lake Street | Strong Buy Maintains $171 → $222 | Strong Buy | Maintains | $171 → $222 | +6.72% | Jun 26, 2023 |
| Lake Street | Lake Street | Strong Buy Maintains $131 → $171 | Strong Buy | Maintains | $131 → $171 | -17.80% | May 3, 2023 |
| Lake Street | Lake Street | Strong Buy Maintains $124 → $131 | Strong Buy | Maintains | $124 → $131 | -37.03% | Mar 8, 2023 |
Financial Forecast
Revenue This Year
440.30M
from 400.07M
Increased by 10.06%
Revenue Next Year
477.87M
from 440.30M
Increased by 8.53%
EPS This Year
6.05
from 5.83
Increased by 3.75%
EPS Next Year
6.90
from 6.05
Increased by 14.11%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 462.1M | 508.1M |
| Avg | 440.3M | 477.9M |
| Low | 415.3M | 445.6M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 15.5% | 15.4% |
| Avg | 10.1% | 8.5% |
| Low | 3.8% | 1.2% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 6.59 | 7.61 |
| Avg | 6.05 | 6.90 |
| Low | 5.15 | 5.71 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | 13.1% | 25.9% |
| Avg | 3.7% | 14.1% |
| Low | -11.6% | -5.5% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.