How to Buy Ufp Technologies Stock
Ufp Technologies Inc
UFP Technologies, Inc. designs and custom manufactures components, subassemblies, products, and packaging utilizing specialized foams, films, and plastics primarily for the medical market.
Ufp Technologies stock last closed at $154.67, up 1.25% from the previous day, and has increased 82.91% in one year. It has overperformed other stocks in the Medical Devices industry by 0.99 percentage points. Ufp Technologies stock is currently +93.34% from its 52-week low of $80.00, and -24.58% from its 52-week high of $205.08.
At the moment, there are 7.64M UFPT shares outstanding. The market value of UFPT is $1.18B. In the last 24 hours, 38,610 UFPT shares were traded.
How to Buy Ufp Technologies Stock
Not sure how to invest in Ufp Technologies stock? Here's how.
- Choose where to buy Ufp Technologies stock: You need to pick an online brokerage, but don't worry - we've analyzed dozens of stock brokerages and apps to help you figure out where to buy Ufp Technologies stock.
- Open your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Deposit funds into your investment account: Pick your method of payment and add your details.
- Evaluate Ufp Technologies stock: The Ufp Technologies ticker symbol is UFPT. Is Ufp Technologies stock a good investment? Should you buy shares of UFPT? How do UFPT's underlying business fundamentals look? Do top analysts think Ufp Technologies is a good buy? Why has UFPT's stock price moved recently? (Hint: Our stock market analysis tools can help you decide if UFPT is a good stock to buy).
- Execute your UFPT buy order: Decide if you will purchase UFPT shares at the current market price or use a limit order to purchase UFPT stock at a specific price.
- Get updates on your UFPT position: Create a watchlist to important notifications about your investment in Ufp Technologies shares.
Step 1: Choose where to buy Ufp Technologies stock
You will need a brokerage account in order to access the NASDAQ market and buy UFPT shares.
Our preferred brokerage: eToro
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Get $10 towards your share purchase by signing up for an account with eToro now.
Open eToro AccountStep 2: Open your brokerage account
Now that you've picked your brokerage, it's time to fill out some personal details so you can buy UFPT today.
How to Create a New Account on eToro
- Click here to get started.
- Enter your personal data to open your new trading account.
- Submit your info by clicking the "Create Account" button.
Step 3: Deposit funds into your investment account
Now that you have filled out your info on app for stock, you need to deposit funds:
Watch the video below to see the process of transferring money into your new brokerage account.
Step 4: Evaluate Ufp Technologies stock
After you have figured out the best place to buy Ufp Technologies stock, it's absolutely critical to analyze their stock before you invest, so you can wrap your head around the risk and upside.
Ufp Technologies shares at a glance
UFPT Fundamentals
WallStreetZen was built to help part-time investors do better fundamental analysis.
You can view all of the due diligence checks on UFPT's stock page.
Is UFPT stock properly valued?
Analysts use many financial metrics, analyses, models, and charts to gauge UFPT's fair value.
Using relative valuations methods:
- UFPT could be undervalued based on its P/E ratio of 23.69x, relative to Medical Devices industry P/E ratio of 48.72x
- UFPT could be overvalued based on its P/B ratio of 4.54x, relative to Medical Devices industry P/B ratio of 3.48x
- UFPT could be undervalued based on its PEG ratio of 0.89x
You can access more valuation analysis on UFPT's stock here.
UFPT Financial Health Overview
Positive Financial Indicators:
- There are more short-term assets than long-term liabilities on the UFPT balance sheet.
- UFPT profit margin has gone up from 7.6% to 12.9% in the past year.
- UFPT's operating cash flow of $28.38M allows it to safely service it's debt of $71.28M.
- There are more short-term assets than short-term liabilities on the UFPT balance sheet.
- UFPT earnings of $66.52M is not sufficient to cover its interest payments.
Negative Financial Indicators:
- Total UFPT debt is higher than 5 years ago, relative to shareholder equity.
- UFPT has a relatively high debt to equity ratio of 0.53.
Is UFPT stock a Buy, Hold, or Sell, according to analysts?
Out of 1 Equities analysts who give ratings on UFPT, the consensus analyst rating on UFPT is a Strong Buy
Please note that analyst ratings are not recommendations, nor are they financial advice.
Most Recent UFPT Analyst Recommendations
Jaeson Schmidt, a bottom 9% analyst from Lake Street maintains UFPT with a strong buy rating and raises their UFPT price target from $171.00 to $222.00, on Jun 26, 2023.
Maintaining his Strong Buy rating, Schmidt raised his price target on UFP Technologies, Inc. by 29.8% ahead of the release of the company's Q2 2023 earnings report, expected on 2023/08/01.
Q2 is probably tracking "in line or better than" analysts' expectations, Schmidt continued.
URP Technologies will deliver "solid" Q2 results, the analyst predicted.
He bumped up his estimates because the momentum UFP has seen over the past year has not shown signs of abating, the analyst told his readers.
TipRanks reports that the current consensus EPS estimate for Q2 is $1.42 which, if achieved, would represent a 21.4% gain over Q2 2022's $1.17.
You can dive deeper into what analysts are projecting on the Ufp Technologies stock forecast page.
UFPT Technicals
UFPT Performance Metrics
Last year, UFPT earnings were $49.62M. Over the last 5 year, UFPT's earnings have increased by 36.46% per year. This was faster than the Medical Devices industry average of 20.8%.
Last year, UFPT revenue was $386.00M. Over the last five year, UFPT's revenue has gone up by 18.55% per year. This was faster than the Medical Devices industry average of 13.17%.
Dig into UFPT's earnings and revenue performance here.
Are UFPT insiders buying or selling the stock?
In the past year, insiders at UFPT have sold more shares than they have bought.
R. Jeffrey Bailly, President and CEO of UFPT, was the latest UFPT insider to sell. They sold $329,936.44 worth of UFPT stock on Sep 1, 2023.
Learn more about who owns UFPT shares here.
Does UFPT stock generate passive income?
No, Ufp Technologies doesn't provide an income stream by paying out dividends.
UFPT Social Trading Data
One of the major reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to see what other traders have to say.
Step 5: Execute your UFPT buy order
You have two primary options:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are generally the easiest way to buy. - Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
If you want to be certain you're buying or selling at a given price limit, place a limit order.
Press the Open button and eToro will execute the order.
If you require additional info about investing in stocks on eToro, watch the helpful video below:
Step 6: Get updates on your UFPT position
Now that you own some UFPT stock, you'll want to stay up-to-date on your new stock purchase.
Add UFPT to a watchlist to monitor your UFPT stock.
UFPT Feed
How to Buy Stock in Ufp Technologies
To summarize, here are the 6 steps you need to take to buy Ufp Technologies stock right now:
- Choose where to buy Ufp Technologies stock
- Open your brokerage account
- Deposit funds into your investment account
- Evaluate Ufp Technologies stock
- Execute your UFPT buy order
- Get updates on your UFPT position
If you require a place to buy stocks, eToro is our recommended venue.
Get Started with eToro TodayIf you want to watch your investment in Ufp Technologies, create a watchlist today.
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