The stock of Unique Fabricating Inc. (AMEX:UFAB) increased by $0.01 on Wednesday to $0.24, up 8.40 percent. The last five days have seen an average of 304,374 shares of common stock traded. 13 times new highs were reached in the current year, with a fall of -$0.3032. The average number of shares traded over the last 20 days was 8,971,024, while the average volume over the last 50 days totaled 3,822,622.
UFAB stock appreciated 15.09% since last month. On 07/25/23, the company’s shares reached a one-month low of $0.1765. The stock touched a high of $1.15 on 02/02/23, after rallying from a low of $0.14 in 52 weeks. The price of UFAB stock has declined by -55.76% or -$0.3032 this year, reaching a new high 13 times. Still, the stock price is down -78.78% from the 52-week high.
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Valuation Metrics
Beta for the stock is 1.45. There are also a few other valuation ratios worth considering, including the trailing price-to-sales (P/S) ratio of 0.02, the price-to-book (PB) ratio of 0.31.
Financial Health
For the three months ended September 29, Unique Fabricating Inc.’s quick ratio was 0.50, while its current ratio was 0.70, indicating its inability to pay off its debt. As far as profitability goes, gross margin for the trailing twelve months is 11.90% percent. Unique Fabricating Inc.’s EBITDA margin for the year ended September 29 was -0.20%, whereas its operating margin stood at -14.50% for the same period. Based on annual data, it had gross profit of $16.72 million and revenue of $125.67 million.
Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. UFAB’s return on assets (ROA) during the last 12 months has been -24.00%. There was a -12.70% return on investment (ROI) in the past year. In the meantime, the return on equity (ROE) for the last 12 months was -102.60%.
Earnings Surprise
According to Unique Fabricating Inc.’s quarterly financial report for the quarter that ended September 29. A lower net income was reported in the quarter under review than the previous quarter. Net income for the quarter came in at $34.5 million, while revenues rose by 13.3% to $35.03 million. It was predicted that Unique Fabricating Inc.’s quarterly earnings would be -$0.54, but it ended up being -$0.04. EBITDA was -$0.23 million for the quarter. At the end of Unique Fabricating Inc.’s most recent quarter ended September 29, its liabilities totaled 74.7 million, while its total debt was $58.32 million. Equity owned by shareholders amounts to $11.73 million.
Technical Picture
Here’s a quick look at Unique Fabricating Inc.’s (UFAB) price momentum from a technical perspective. As of 15 August, the RSI 9-day stood at 53.33%, suggesting the stock is Neutral, with a 106.66% historical volatility rate.
The stochastic %K and %D were 10.72% and 11.56% respectively, while the average true range (ATR) was 0.0370. Based on the 14-day stochastic reading of 11.59%, the RSI (14) reading is 52.34%. On the 9-day MACD Oscillator, the stock is at -0.0042, and the 14-day reading is at -0.0248.
Analyst Ratings
In a note to investors, ROTH Capital maintained its a Buy rating on Unique Fabricating Inc. (AMEX: UFAB). However, the firm raised their price target to $15, indicating a possible increase of 98.5% in the stock price. Analysts have assigned Unique Fabricating Inc. (UFAB) an Buy rating. UFAB is a stock that is recommended for selling by 0 brokerage firms, while 0 companies recommend holding. The stock is underweighted by 0 analysts. Among the analysts who rate the stock, 0 rates it overweight and 1 other recommend it as a buy.
What is UFAB’s price target for the next 12 months?
The current consensus forecast for the stock is between $2.00 and $2.00, with a median target price of $2.00. In analyzing these forecasts, the average price target given by analysts for Unique Fabricating Inc. (UFAB) is $2.00.
