Summary
321.82 -4.89(-1.50%)09/06/2024
UFP Technologies Inc. (UFPT)
UFP Technologies Inc. (UFPT)
Key Facts
| 1 Day | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 5 Years | All Time |
| -1.42 | -5.69 | 4.07 | 27.88 | 55.77 | 88.03 | 704.35 | 5,496.87 |
Last 730 data points are shown. To view all data, Upgrade to PRO plan with only $1
| Trading Data | ||
| Close | 321.82 | |
| Open | 328.46 | |
| High | 329.71 | |
| Low | 319.35 | |
| Volume | 36,183 | |
| Change | -4.62 | |
| Change % | -1.42 | |
| Avg Volume (20 Days) | 32,341 | |
| Volume/Avg Volume (20 Days) Ratio | 1.12 | |
| 52 Week Range | 127.29 - 341.23 | |
| Price vs 52 Week High | -5.69% | |
| Price vs 52 Week Low | 152.82% | |
| Range | -2.02 | |
| Gap Up/Down | -2.25 | |
Fundamentals | ||
| Market Capitalization (Mln) | 2,465 | |
| EBIDTA | 72,743,000 | |
| PE Ratio | 43.3682 | |
| PEG Ratio | 0.0000 | |
| WallStreet Target Price | 243.00 | |
| Book Value | 37.4480 | |
| Earnings Per Share | 5.8400 | |
| EPS Estimate Current Quarter | 1.1300 | |
| EPS Estimate Next Quarter | 1.2600 | |
| EPS Estimate Current Year | 5.9300 | |
| EPS Estimate Next Year | 6.7700 | |
| Diluted EPS (TTM) | 5.8400 | |
| Revenues | ||
| Profit Marging | 0.1123 | |
| Operating Marging (TTM) | 0.1282 | |
| Return on asset (TTM) | 0.0980 | |
| Return on equity (TTM) | 0.1716 | |
| Revenue TTM | 400,072,000 | |
| Revenue per share TTM | 52.4750 | |
| Quarterly Revenue Growth (YOY) | 0.1120 | |
| Quarterly Earnings Growth (YOY) | 0.3690 | |
| Gross Profit (TTM) | 90,260,000 | |
| Dividends | ||
| Dividend Share | 0.0000 | |
| Dividend Yield | ||
| Valuations | ||
| Trailing PE | 43.3682 | |
| Forward PE | 22.1729 | |
| Price Sales (TTM) | 0.0000 | |
| Price Book (MRQ) | 6.7532 | |
| Revenue Enterprise Value | 4.9311 | |
| EBITDA Enterprise Value | 28.6103 | |
| Shares | ||
| Shares Outstanding | 7,641,880 | |
| Shares Float | 7,219,516 | |
| Shares Short | 0 | |
| Shares Short (Prior Month) | 0 | |
| Shares Ratio | 0.00 | |
| Short Outstanding (%) | 0.00 | |
| Short Float (%) | 0.00 | |
| Insider (%) | 6.76 | |
| Institutions (%) | 94.57 | |
08/26 09:00 EST - globenewswire.com
UFP Technologies to Present and Host 1x1 Investor Meetings at the 15th Annual Midwest IDEAS Investor Conference on August 28th & 29th in Chicago, IL
NEWBURYPORT, Mass., Aug. 26, 2024 (GLOBE NEWSWIRE) -- UFP Technologies (UFPT), today announced Jeffrey Bailly, Chairman and CEO, and Ron Lataille, Vice President and Chief Financial Officer, will present at the Midwest IDEAS Investor Conference on Wednesday, August 28, 2024 at The Gwen in Chicago, IL. UFP's presentation is scheduled to begin at 7:55 AM CT. The presentation is webcast and can be accessed through the conference host's main website: https://www.threepartadvisors.com/midwest and in the investor relations section of the company's website: http://www.ufpt.com.
UFP Technologies to Present and Host 1x1 Investor Meetings at the 15th Annual Midwest IDEAS Investor Conference on August 28th & 29th in Chicago, IL
NEWBURYPORT, Mass., Aug. 26, 2024 (GLOBE NEWSWIRE) -- UFP Technologies (UFPT), today announced Jeffrey Bailly, Chairman and CEO, and Ron Lataille, Vice President and Chief Financial Officer, will present at the Midwest IDEAS Investor Conference on Wednesday, August 28, 2024 at The Gwen in Chicago, IL. UFP's presentation is scheduled to begin at 7:55 AM CT. The presentation is webcast and can be accessed through the conference host's main website: https://www.threepartadvisors.com/midwest and in the investor relations section of the company's website: http://www.ufpt.com.
08/14 07:40 EST - investorplace.com
Market Meltdown or Massive Opportunity? 7 Stocks to Watch
Every investor is well aware of the volatility sweeping the markets over the past few weeks. The same investors are trying to understand whether a market meltdown or massive opportunity is ahead.
Market Meltdown or Massive Opportunity? 7 Stocks to Watch
Every investor is well aware of the volatility sweeping the markets over the past few weeks. The same investors are trying to understand whether a market meltdown or massive opportunity is ahead.
08/08 08:00 EST - investorplace.com
3 Small-Cap Stocks to Buy Amid the Great Rotation
It remains to be seen how long the great rotation into small-cap stocks that began in July of this year will last. Since the start of August, the Russell 2000 index that is home to most small-cap securities that trade in the U.S. has declined 8%.
3 Small-Cap Stocks to Buy Amid the Great Rotation
It remains to be seen how long the great rotation into small-cap stocks that began in July of this year will last. Since the start of August, the Russell 2000 index that is home to most small-cap securities that trade in the U.S. has declined 8%.
07/16 16:05 EST - globenewswire.com
UFP Technologies Acquires Marble Medical
NEWBURYPORT, Mass., July 16, 2024 (GLOBE NEWSWIRE) -- UFP Technologies, Inc. (Nasdaq: UFPT), a designer and custom manufacturer of comprehensive solutions for medical devices, sterile packaging, and other highly engineered custom products, today announced the acquisition of Marble Medical. Founded in 1988 and headquartered in Tallahassee, FL, Marble Medical develops and manufactures adhesive based medical components and single-use devices.
UFP Technologies Acquires Marble Medical
NEWBURYPORT, Mass., July 16, 2024 (GLOBE NEWSWIRE) -- UFP Technologies, Inc. (Nasdaq: UFPT), a designer and custom manufacturer of comprehensive solutions for medical devices, sterile packaging, and other highly engineered custom products, today announced the acquisition of Marble Medical. Founded in 1988 and headquartered in Tallahassee, FL, Marble Medical develops and manufactures adhesive based medical components and single-use devices.
07/16 16:00 EST - globenewswire.com
UFP Technologies Acquires Welch Fluorocarbon
NEWBURYPORT, Mass., July 16, 2024 (GLOBE NEWSWIRE) -- UFP Technologies, Inc. (Nasdaq: UFPT), a designer and custom manufacturer of comprehensive solutions for medical devices, sterile packaging, and other highly engineered custom products, today announced the acquisition of Welch Fluorocarbon Inc. Founded in 1985 and headquartered in Dover, New Hampshire, Welch Fluorocarbon develops and manufactures thermoformed, and heat sealed implantable medical device components utilizing thin, high-performance films.
UFP Technologies Acquires Welch Fluorocarbon
NEWBURYPORT, Mass., July 16, 2024 (GLOBE NEWSWIRE) -- UFP Technologies, Inc. (Nasdaq: UFPT), a designer and custom manufacturer of comprehensive solutions for medical devices, sterile packaging, and other highly engineered custom products, today announced the acquisition of Welch Fluorocarbon Inc. Founded in 1985 and headquartered in Dover, New Hampshire, Welch Fluorocarbon develops and manufactures thermoformed, and heat sealed implantable medical device components utilizing thin, high-performance films.
07/08 09:00 EST - globenewswire.com
UFP Technologies to Present at the CJS Securities 24th Annual New Ideas Summer Conference
NEWBURYPORT, Mass., July 08, 2024 (GLOBE NEWSWIRE) -- UFP Technologies, Inc. (Nasdaq: UFPT) an Innovative designer and custom manufacturer of components, subassemblies, products, and packaging primarily for the medical market today announced that Chairman and Chief Executive Officer R. Jeffrey Bailly and Chief Financial Officer Ron Lataille will present and host 1 x 1 meetings at the upcoming CJS Securities 24th Annual New Ideas Summer Conference to be held on July 10, 2024 at the Metropolis Country Club in White Plains, NY.
UFP Technologies to Present at the CJS Securities 24th Annual New Ideas Summer Conference
NEWBURYPORT, Mass., July 08, 2024 (GLOBE NEWSWIRE) -- UFP Technologies, Inc. (Nasdaq: UFPT) an Innovative designer and custom manufacturer of components, subassemblies, products, and packaging primarily for the medical market today announced that Chairman and Chief Executive Officer R. Jeffrey Bailly and Chief Financial Officer Ron Lataille will present and host 1 x 1 meetings at the upcoming CJS Securities 24th Annual New Ideas Summer Conference to be held on July 10, 2024 at the Metropolis Country Club in White Plains, NY.
07/01 09:15 EST - globenewswire.com
UFP Technologies Acquires AJR Enterprises
NEWBURYPORT, Mass., July 01, 2024 (GLOBE NEWSWIRE) -- UFP Technologies, Inc. (Nasdaq: UFPT), a designer and custom manufacturer of comprehensive solutions for medical devices, sterile packaging, and other highly engineered custom products, today announced the acquisition of AJR Enterprises, LLC. Headquartered in St. Charles, Illinois, with additional manufacturing in the Dominican Republic, AJR Enterprises develops and manufactures single use safe patient handling systems.
UFP Technologies Acquires AJR Enterprises
NEWBURYPORT, Mass., July 01, 2024 (GLOBE NEWSWIRE) -- UFP Technologies, Inc. (Nasdaq: UFPT), a designer and custom manufacturer of comprehensive solutions for medical devices, sterile packaging, and other highly engineered custom products, today announced the acquisition of AJR Enterprises, LLC. Headquartered in St. Charles, Illinois, with additional manufacturing in the Dominican Republic, AJR Enterprises develops and manufactures single use safe patient handling systems.
06/10 09:00 EST - globenewswire.com
UFP Technologies, Inc. to Present and Host 1x1 Investor Meetings at the 14th Annual East Coast IDEAS Investor Conference on June 12th & 13th in New York, NY
NEWBURYPORT, Mass., June 10, 2024 (GLOBE NEWSWIRE) -- UFP Technologies (UFPT), today announced that Jeffrey Bailly, Chairman & CEO, and Ron Lataille, Sr. Vice President & CFO, will present at the East Coast IDEAS Investor Conference on Wednesday, June 12, 2024, at Jay Conference – Bryant Park in New York, NY.
UFP Technologies, Inc. to Present and Host 1x1 Investor Meetings at the 14th Annual East Coast IDEAS Investor Conference on June 12th & 13th in New York, NY
NEWBURYPORT, Mass., June 10, 2024 (GLOBE NEWSWIRE) -- UFP Technologies (UFPT), today announced that Jeffrey Bailly, Chairman & CEO, and Ron Lataille, Sr. Vice President & CFO, will present at the East Coast IDEAS Investor Conference on Wednesday, June 12, 2024, at Jay Conference – Bryant Park in New York, NY.
06/04 10:54 EST - businesswire.com
UFP Industries on the FORTUNE 500 for Third Consecutive Year
GRAND RAPIDS, Mich.--(BUSINESS WIRE)--For the third consecutive year, UFP Industries was named to the FORTUNE 500 list of largest U.S. companies, landing at 493 with $7.2 bil. in revenue.
UFP Industries on the FORTUNE 500 for Third Consecutive Year
GRAND RAPIDS, Mich.--(BUSINESS WIRE)--For the third consecutive year, UFP Industries was named to the FORTUNE 500 list of largest U.S. companies, landing at 493 with $7.2 bil. in revenue.
05/28 09:18 EST - businesswire.com
UFP Industries to Participate in the Stifel 2024 Cross Sector Insight Conference
GRAND RAPIDS, Mich.--(BUSINESS WIRE)--UFP Industries (Nasdaq: UFPI) today announced that management will participate in the Stifel Cross Sector Insight Conference at the InterContinental Boston in Boston, Massachusetts, on June 4-5, 2024. To find additional information about UFP Industries, including the most recent investor presentation, please visit ufpinvestor.com. UFP Industries, Inc. UFP Industries, Inc. is a holding company whose operating subsidiaries – UFP Packaging, UFP Construction an.
UFP Industries to Participate in the Stifel 2024 Cross Sector Insight Conference
GRAND RAPIDS, Mich.--(BUSINESS WIRE)--UFP Industries (Nasdaq: UFPI) today announced that management will participate in the Stifel Cross Sector Insight Conference at the InterContinental Boston in Boston, Massachusetts, on June 4-5, 2024. To find additional information about UFP Industries, including the most recent investor presentation, please visit ufpinvestor.com. UFP Industries, Inc. UFP Industries, Inc. is a holding company whose operating subsidiaries – UFP Packaging, UFP Construction an.
05/20 04:58 EST - https://www.defenseworld.net
Amalgamated Bank Reduces Holdings in UFP Technologies, Inc. (NASDAQ:UFPT)
Amalgamated Bank lowered its stake in shares of UFP Technologies, Inc. (NASDAQ:UFPT – Free Report) by 7.1% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 2,966 shares of the industrial products company’s stock after selling 227 shares during the quarter. Amalgamated Bank’s holdings in UFP Technologies were worth $510,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Other institutional investors also recently bought and sold shares of the company. Mountain Pacific Investment Advisers Inc. ID increased its stake in shares of UFP Technologies by 46.0% during the fourth quarter. Mountain Pacific Investment Advisers Inc. ID now owns 70,360 shares of the industrial products company’s stock valued at $12,105,000 after purchasing an additional 22,163 shares in the last quarter. Peterson Wealth Services purchased a new position in UFP Technologies during the fourth quarter valued at $204,000. Charles Schwab Investment Management Inc. grew its stake in shares of UFP Technologies by 193.0% in the third quarter. Charles Schwab Investment Management Inc. now owns 57,070 shares of the industrial products company’s stock worth $9,214,000 after acquiring an additional 37,590 shares during the last quarter. EFG Asset Management North America Corp. bought a new position in shares of UFP Technologies during the third quarter valued at $1,196,000. Finally, Teachers Retirement System of The State of Kentucky boosted its stake in UFP Technologies by 112.7% in the 3rd quarter. Teachers Retirement System of The State of Kentucky now owns 2,340 shares of the industrial products company’s stock worth $378,000 after purchasing an additional 1,240 shares in the last quarter. 87.28% of the stock is owned by institutional investors. UFP Technologies Stock Performance UFPT stock opened at $259.75 on Monday. The company has a debt-to-equity ratio of 0.14, a current ratio of 2.87 and a quick ratio of 1.28. UFP Technologies, Inc. has a 1 year low of $127.29 and a 1 year high of $268.34. The company has a market cap of $1.99 billion, a P/E ratio of 41.76 and a beta of 0.90. The stock’s fifty day moving average price is $234.08 and its 200-day moving average price is $195.22. UFP Technologies (NASDAQ:UFPT – Get Free Report) last released its quarterly earnings results on Wednesday, February 21st. The industrial products company reported $1.53 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.12 by $0.41. The business had revenue of $101.50 million during the quarter, compared to the consensus estimate of $94.80 million. UFP Technologies had a return on equity of 17.40% and a net margin of 11.75%. On average, equities analysts forecast that UFP Technologies, Inc. will post 6.19 earnings per share for the current year. Insiders Place Their Bets In related news, VP Steve Cardin sold 311 shares of the firm’s stock in a transaction on Wednesday, March 13th. The stock was sold at an average price of $196.50, for a total value of $61,111.50. Following the transaction, the vice president now directly owns 5,643 shares of the company’s stock, valued at approximately $1,108,849.50. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. In related news, CEO R Jeffrey Bailly sold 27,090 shares of the company’s stock in a transaction on Friday, February 23rd. The shares were sold at an average price of $209.48, for a total value of $5,674,813.20. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, VP Steve Cardin sold 311 shares of the business’s stock in a transaction dated Wednesday, March 13th. The shares were sold at an average price of $196.50, for a total value of $61,111.50. Following the completion of the transaction, the vice president now owns 5,643 shares in the company, valued at $1,108,849.50. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 31,125 shares of company stock worth $6,511,420. Company insiders own 7.80% of the company’s stock. Analyst Upgrades and Downgrades Several research analysts have issued reports on UFPT shares. StockNews.com raised shares of UFP Technologies from a “sell” rating to a “hold” rating in a report on Thursday, February 22nd. CJS Securities assumed coverage on UFP Technologies in a research note on Wednesday, March 20th. They issued an “outperform” rating and a $255.00 price target for the company. Finally, KeyCorp began coverage on UFP Technologies in a research report on Tuesday, February 6th. They issued a “sector weight” rating for the company. Check Out Our Latest Research Report on UFPT About UFP Technologies (Free Report) UFP Technologies, Inc designs and manufactures solutions for medical devices, sterile packaging, and other highly engineered custom products. The company offers protective drapes for robotic surgery, single patient use surfaces, advanced wound care, infection prevention, disposables for surgical and endoscopic procedures, packaging for medical devices, orthopedic implants, biopharma drug manufacturing, and coils for catheters; and molded components for applications in acoustic insulation, interior trim, load floors, sunshades, SUV cargo cover handles, driveshaft damping, engine and manifold covers, quarter panels, and wheel liners.
Amalgamated Bank Reduces Holdings in UFP Technologies, Inc. (NASDAQ:UFPT)
Amalgamated Bank lowered its stake in shares of UFP Technologies, Inc. (NASDAQ:UFPT – Free Report) by 7.1% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 2,966 shares of the industrial products company’s stock after selling 227 shares during the quarter. Amalgamated Bank’s holdings in UFP Technologies were worth $510,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Other institutional investors also recently bought and sold shares of the company. Mountain Pacific Investment Advisers Inc. ID increased its stake in shares of UFP Technologies by 46.0% during the fourth quarter. Mountain Pacific Investment Advisers Inc. ID now owns 70,360 shares of the industrial products company’s stock valued at $12,105,000 after purchasing an additional 22,163 shares in the last quarter. Peterson Wealth Services purchased a new position in UFP Technologies during the fourth quarter valued at $204,000. Charles Schwab Investment Management Inc. grew its stake in shares of UFP Technologies by 193.0% in the third quarter. Charles Schwab Investment Management Inc. now owns 57,070 shares of the industrial products company’s stock worth $9,214,000 after acquiring an additional 37,590 shares during the last quarter. EFG Asset Management North America Corp. bought a new position in shares of UFP Technologies during the third quarter valued at $1,196,000. Finally, Teachers Retirement System of The State of Kentucky boosted its stake in UFP Technologies by 112.7% in the 3rd quarter. Teachers Retirement System of The State of Kentucky now owns 2,340 shares of the industrial products company’s stock worth $378,000 after purchasing an additional 1,240 shares in the last quarter. 87.28% of the stock is owned by institutional investors. UFP Technologies Stock Performance UFPT stock opened at $259.75 on Monday. The company has a debt-to-equity ratio of 0.14, a current ratio of 2.87 and a quick ratio of 1.28. UFP Technologies, Inc. has a 1 year low of $127.29 and a 1 year high of $268.34. The company has a market cap of $1.99 billion, a P/E ratio of 41.76 and a beta of 0.90. The stock’s fifty day moving average price is $234.08 and its 200-day moving average price is $195.22. UFP Technologies (NASDAQ:UFPT – Get Free Report) last released its quarterly earnings results on Wednesday, February 21st. The industrial products company reported $1.53 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.12 by $0.41. The business had revenue of $101.50 million during the quarter, compared to the consensus estimate of $94.80 million. UFP Technologies had a return on equity of 17.40% and a net margin of 11.75%. On average, equities analysts forecast that UFP Technologies, Inc. will post 6.19 earnings per share for the current year. Insiders Place Their Bets In related news, VP Steve Cardin sold 311 shares of the firm’s stock in a transaction on Wednesday, March 13th. The stock was sold at an average price of $196.50, for a total value of $61,111.50. Following the transaction, the vice president now directly owns 5,643 shares of the company’s stock, valued at approximately $1,108,849.50. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. In related news, CEO R Jeffrey Bailly sold 27,090 shares of the company’s stock in a transaction on Friday, February 23rd. The shares were sold at an average price of $209.48, for a total value of $5,674,813.20. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, VP Steve Cardin sold 311 shares of the business’s stock in a transaction dated Wednesday, March 13th. The shares were sold at an average price of $196.50, for a total value of $61,111.50. Following the completion of the transaction, the vice president now owns 5,643 shares in the company, valued at $1,108,849.50. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 31,125 shares of company stock worth $6,511,420. Company insiders own 7.80% of the company’s stock. Analyst Upgrades and Downgrades Several research analysts have issued reports on UFPT shares. StockNews.com raised shares of UFP Technologies from a “sell” rating to a “hold” rating in a report on Thursday, February 22nd. CJS Securities assumed coverage on UFP Technologies in a research note on Wednesday, March 20th. They issued an “outperform” rating and a $255.00 price target for the company. Finally, KeyCorp began coverage on UFP Technologies in a research report on Tuesday, February 6th. They issued a “sector weight” rating for the company. Check Out Our Latest Research Report on UFPT About UFP Technologies (Free Report) UFP Technologies, Inc designs and manufactures solutions for medical devices, sterile packaging, and other highly engineered custom products. The company offers protective drapes for robotic surgery, single patient use surfaces, advanced wound care, infection prevention, disposables for surgical and endoscopic procedures, packaging for medical devices, orthopedic implants, biopharma drug manufacturing, and coils for catheters; and molded components for applications in acoustic insulation, interior trim, load floors, sunshades, SUV cargo cover handles, driveshaft damping, engine and manifold covers, quarter panels, and wheel liners.
05/04 12:00 EST - investorplace.com
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05/01 09:00 EST - globenewswire.com
UFP Technologies Announces Record Q1 Results
NEWBURYPORT, Mass., May 01, 2024 (GLOBE NEWSWIRE) -- UFP Technologies, Inc. (Nasdaq: UFPT), a designer and custom manufacturer of comprehensive solutions primarily for the medical market, today reported net income of $12.7 million or $1.64 per diluted common share outstanding for its first quarter ended March 31, 2024, compared to net income of $9.7 million or $1.27 per diluted common share outstanding for the first quarter of 2023. Net Sales for the first quarter were $105.0 million compared to 2023 first quarter sales of $97.8 million.
UFP Technologies Announces Record Q1 Results
NEWBURYPORT, Mass., May 01, 2024 (GLOBE NEWSWIRE) -- UFP Technologies, Inc. (Nasdaq: UFPT), a designer and custom manufacturer of comprehensive solutions primarily for the medical market, today reported net income of $12.7 million or $1.64 per diluted common share outstanding for its first quarter ended March 31, 2024, compared to net income of $9.7 million or $1.27 per diluted common share outstanding for the first quarter of 2023. Net Sales for the first quarter were $105.0 million compared to 2023 first quarter sales of $97.8 million.
03/19 09:00 EST - globenewswire.com
UFP Technologies to Present and Host 1X1 Investor Meetings at the KeyBanc Capital Markets 4th Annual Life Sciences and MedTech Investor Forum
NEWBURYPORT, Mass., March 19, 2024 (GLOBE NEWSWIRE) -- UFP Technologies, Inc. (Nasdaq: UFPT) an Innovative designer and custom manufacturer of components, subassemblies, products, and packaging primarily for the medical market today announced that Chairman and Chief Executive Officer R. Jeffrey Bailly and Chief Financial Officer Ron Lataille will participate in the upcoming KeyBanc Capital Markets 4th Annual Life Sciences and MedTech Investor Forum to be held virtually on March 19 and 20, 2024. UFP's presentation is scheduled to begin at 9:45 AM ET on Wednesday, March 20, 2024.
UFP Technologies to Present and Host 1X1 Investor Meetings at the KeyBanc Capital Markets 4th Annual Life Sciences and MedTech Investor Forum
NEWBURYPORT, Mass., March 19, 2024 (GLOBE NEWSWIRE) -- UFP Technologies, Inc. (Nasdaq: UFPT) an Innovative designer and custom manufacturer of components, subassemblies, products, and packaging primarily for the medical market today announced that Chairman and Chief Executive Officer R. Jeffrey Bailly and Chief Financial Officer Ron Lataille will participate in the upcoming KeyBanc Capital Markets 4th Annual Life Sciences and MedTech Investor Forum to be held virtually on March 19 and 20, 2024. UFP's presentation is scheduled to begin at 9:45 AM ET on Wednesday, March 20, 2024.
02/21 09:00 EST - globenewswire.com
UFP Technologies Announces Record 2023 Results
NEWBURYPORT, Mass., Feb. 21, 2024 (GLOBE NEWSWIRE) -- UFP Technologies, Inc. (Nasdaq: UFPT), a designer and custom manufacturer of engineered solutions primarily for the medical market, today reported net income of $44.9 million or $5.83 per diluted common share outstanding for its year ended December 31, 2023, compared to net income of $41.8 million or $5.45 per diluted common share outstanding for 2022. Net sales for 2023 were $400.1 million, 13.1% higher than 2022 sales of $353.8 million.
UFP Technologies Announces Record 2023 Results
NEWBURYPORT, Mass., Feb. 21, 2024 (GLOBE NEWSWIRE) -- UFP Technologies, Inc. (Nasdaq: UFPT), a designer and custom manufacturer of engineered solutions primarily for the medical market, today reported net income of $44.9 million or $5.83 per diluted common share outstanding for its year ended December 31, 2023, compared to net income of $41.8 million or $5.45 per diluted common share outstanding for 2022. Net sales for 2023 were $400.1 million, 13.1% higher than 2022 sales of $353.8 million.
02/06 09:15 EST - globenewswire.com
Mitchell Rock Named President of UFP Technologies
NEWBURYPORT, Mass., Feb. 06, 2024 (GLOBE NEWSWIRE) -- UFP Technologies, Inc. (Nasdaq: UFPT), an innovative designer and custom manufacturer of components, subassemblies, products, and packaging primarily for the medical market, today announced the appointment of Mitchell Rock as President of the Company. Rock has been serving as President of the Company's MedTech business. R. Jeffrey Bailly will continue in his capacity as Chairman and Chief Executive Officer.
Mitchell Rock Named President of UFP Technologies
NEWBURYPORT, Mass., Feb. 06, 2024 (GLOBE NEWSWIRE) -- UFP Technologies, Inc. (Nasdaq: UFPT), an innovative designer and custom manufacturer of components, subassemblies, products, and packaging primarily for the medical market, today announced the appointment of Mitchell Rock as President of the Company. Rock has been serving as President of the Company's MedTech business. R. Jeffrey Bailly will continue in his capacity as Chairman and Chief Executive Officer.
01/09 09:06 EST - globenewswire.com
UFP Technologies to Present and Host 1X1 Investor Meetings at the CJS Securities 24th Annual “New Ideas for the New Year” Virtual Conference
NEWBURYPORT, Mass., Jan. 09, 2024 (GLOBE NEWSWIRE) -- UFP Technologies, Inc. (Nasdaq: UFPT) an Innovative designer and custom manufacturer of components, subassemblies, products, and packaging primarily for the medical market today announced that Chairman and Chief Executive Officer R. Jeffrey Bailly and Chief Financial Officer Ron Lataille will participate in the upcoming CJS Securities 24th Annual “New Ideas for the New Year” Conference to be held virtually on January 10, 2024. UFP's presentation is scheduled to begin at 11:45 AM ET on Wednesday, January 10, 2024.
UFP Technologies to Present and Host 1X1 Investor Meetings at the CJS Securities 24th Annual “New Ideas for the New Year” Virtual Conference
NEWBURYPORT, Mass., Jan. 09, 2024 (GLOBE NEWSWIRE) -- UFP Technologies, Inc. (Nasdaq: UFPT) an Innovative designer and custom manufacturer of components, subassemblies, products, and packaging primarily for the medical market today announced that Chairman and Chief Executive Officer R. Jeffrey Bailly and Chief Financial Officer Ron Lataille will participate in the upcoming CJS Securities 24th Annual “New Ideas for the New Year” Conference to be held virtually on January 10, 2024. UFP's presentation is scheduled to begin at 11:45 AM ET on Wednesday, January 10, 2024.
11/21 16:15 EST - globenewswire.com
UFP Technologies to Present and Host 1X1 Investor Meetings at the Piper Sandler 35th Annual Healthcare Conference
NEWBURYPORT, Mass., Nov. 21, 2023 (GLOBE NEWSWIRE) -- UFP Technologies, Inc. (Nasdaq: UFPT) an Innovative designer and custom manufacturer of components, subassemblies, products, and packaging primarily for the medical market today announced that Chairman and Chief Executive Officer R.
UFP Technologies to Present and Host 1X1 Investor Meetings at the Piper Sandler 35th Annual Healthcare Conference
NEWBURYPORT, Mass., Nov. 21, 2023 (GLOBE NEWSWIRE) -- UFP Technologies, Inc. (Nasdaq: UFPT) an Innovative designer and custom manufacturer of components, subassemblies, products, and packaging primarily for the medical market today announced that Chairman and Chief Executive Officer R.
11/13 14:51 EST - seekingalpha.com
A First Look At UFP Technologies
UFP Technologies, Inc., a niche manufacturer in the healthcare space, has seen its stock decline by 30% from its recent highs. The company has transformed itself into a more focused firm via a series of small acquisitions and one divesture. There was some heavy insider selling in the stock in May and August of this year, but last week an insider made a small purchase in the stock.
A First Look At UFP Technologies
UFP Technologies, Inc., a niche manufacturer in the healthcare space, has seen its stock decline by 30% from its recent highs. The company has transformed itself into a more focused firm via a series of small acquisitions and one divesture. There was some heavy insider selling in the stock in May and August of this year, but last week an insider made a small purchase in the stock.
11/01 09:00 EST - globenewswire.com
UFP Technologies Announces Strong Q3 2023 Results
NEWBURYPORT, Mass., Nov. 01, 2023 (GLOBE NEWSWIRE) -- UFP Technologies, Inc. (Nasdaq: UFPT), an innovative designer and custom manufacturer of comprehensive solutions for medical devices, sterile packaging and other highly engineered custom products, today reported that adjusted net income increased 13.8% to $11.9 million in the third quarter of 2023 from $10.4 million in the third quarter of 2022. Sales for the third quarter were $100.8 million compared to 2022 third quarter sales of $97.0 million. Adjusted net income increased 44.4% to $35.8 million for the nine-month period ended September 30, 2023 from $24.8 million in the same period of 2022. Sales for the nine-month period ended September 30, 2023 were $298.6 million compared to sales of $262.6 million in the same period in 2022. Adjusted net income is a non-GAAP term. Please see “Non-GAAP Financial Information” at the end of this news release.
UFP Technologies Announces Strong Q3 2023 Results
NEWBURYPORT, Mass., Nov. 01, 2023 (GLOBE NEWSWIRE) -- UFP Technologies, Inc. (Nasdaq: UFPT), an innovative designer and custom manufacturer of comprehensive solutions for medical devices, sterile packaging and other highly engineered custom products, today reported that adjusted net income increased 13.8% to $11.9 million in the third quarter of 2023 from $10.4 million in the third quarter of 2022. Sales for the third quarter were $100.8 million compared to 2022 third quarter sales of $97.0 million. Adjusted net income increased 44.4% to $35.8 million for the nine-month period ended September 30, 2023 from $24.8 million in the same period of 2022. Sales for the nine-month period ended September 30, 2023 were $298.6 million compared to sales of $262.6 million in the same period in 2022. Adjusted net income is a non-GAAP term. Please see “Non-GAAP Financial Information” at the end of this news release.