Unique Fabricating, Inc. (UFAB) Receives Average Recommendation of “Strong Buy” from Brokerages

Shares of Unique Fabricating, Inc. (NASDAQ:UFAB) have been given an average broker rating score of 1.33 (Strong Buy) from the three analysts that provide coverage for the stock, Zacks Investment Research reports. One analyst has rated the stock with a buy rating and two have assigned a strong buy rating to the company.

Analysts have set a one year consensus price target of $5.58 for the company and are forecasting that the company will post $0.08 earnings per share for the current quarter, according to Zacks. Zacks has also given Unique Fabricating an industry rank of 181 out of 256 based on the ratings given to related companies.

Shares of UFAB traded down $0.10 during midday trading on Tuesday, reaching $3.19. The stock had a trading volume of 4,773 shares, compared to its average volume of 12,843. Unique Fabricating has a 52 week low of $3.13 and a 52 week high of $9.70.

Unique Fabricating (NASDAQ:UFAB) last posted its quarterly earnings data on Thursday, May 9th. The company reported $0.01 EPS for the quarter, missing the Zacks’ consensus estimate of $0.14 by ($0.13). The firm had revenue of $39.47 million during the quarter, compared to the consensus estimate of $44.14 million.

Unique Fabricating Company Profile

Unique Fabricating, Inc engineers and manufactures multi-material foam, rubber, and plastic components utilized in noise, vibration, harshness, acoustical management, water and air sealing, decorative, and other functional applications. It offers die cut products, such as trim insulation, headliner insulation, fender acoustical pad, A/B/C pillar cover, dashboard seal, cup holder base, and under hood insulation products, as well as heating, ventilation, and air conditioning (HVAC) seals; thermoformed and compression molded products, including HVAC air ducts, door water shields, evaporator liners, console bin mats and fender insulators, and others; and fusion molded products comprising interior mirror, body-in-white, cowl to hood, and cowl to fender seals.

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