Analysts’ Recent Ratings Updates for Unique Fabricating (UFAB)

A number of research firms have changed their ratings and price targets for Unique Fabricating (NYSEAMERICAN: UFAB):

  • 11/29/2019 – Unique Fabricating was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “strong-buy” rating. They now have a $3.50 price target on the stock. According to Zacks, “Unique Fabricating, Inc. is a supplier of components in the automotive and industrial appliance market. The Company’s solutions comprised of multi-material foam, rubber and plastic components for noise, vibration and harshness management, acoustical management, water and air sealing, decorative and other functional applications. Its processes include die cutting, thermoforming, compression molding, fusion molding and assembly. The company operates primarily in Auburn Hills, Michigan, LaFayette, Georgia and Monterrey, Mexico. Unique Fabricating, Inc. is headquartered in Auburn Hills, Michigan. “
  • 11/25/2019 – Unique Fabricating had its “speculative buy” rating reaffirmed by analysts at Taglich Brothers.
  • 11/16/2019 – Unique Fabricating was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Unique Fabricating, Inc. is a supplier of components in the automotive and industrial appliance market. The Company’s solutions comprised of multi-material foam, rubber and plastic components for noise, vibration and harshness management, acoustical management, water and air sealing, decorative and other functional applications. Its processes include die cutting, thermoforming, compression molding, fusion molding and assembly. The company operates primarily in Auburn Hills, Michigan, LaFayette, Georgia and Monterrey, Mexico. Unique Fabricating, Inc. is headquartered in Auburn Hills, Michigan. “
  • 11/15/2019 – Unique Fabricating was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $3.25 price target on the stock. According to Zacks, “Unique Fabricating, Inc. is a supplier of components in the automotive and industrial appliance market. The Company’s solutions comprised of multi-material foam, rubber and plastic components for noise, vibration and harshness management, acoustical management, water and air sealing, decorative and other functional applications. Its processes include die cutting, thermoforming, compression molding, fusion molding and assembly. The company operates primarily in Auburn Hills, Michigan, LaFayette, Georgia and Monterrey, Mexico. Unique Fabricating, Inc. is headquartered in Auburn Hills, Michigan. “
  • 11/9/2019 – Unique Fabricating was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $3.00 price target on the stock. According to Zacks, “Unique Fabricating, Inc. is a supplier of components in the automotive and industrial appliance market. The Company’s solutions comprised of multi-material foam, rubber and plastic components for noise, vibration and harshness management, acoustical management, water and air sealing, decorative and other functional applications. Its processes include die cutting, thermoforming, compression molding, fusion molding and assembly. The company operates primarily in Auburn Hills, Michigan, LaFayette, Georgia and Monterrey, Mexico. Unique Fabricating, Inc. is headquartered in Auburn Hills, Michigan. “

UFAB stock traded down $0.37 during midday trading on Thursday, reaching $4.20. The stock had a trading volume of 290 shares, compared to its average volume of 13,262. The company’s fifty day simple moving average is $2.71 and its 200 day simple moving average is $3.23. Unique Fabricating Inc has a 52-week low of $2.27 and a 52-week high of $6.68.

Unique Fabricating (NYSEAMERICAN:UFAB) last released its earnings results on Thursday, November 7th. The auto parts company reported ($0.03) earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of ($0.08) by $0.05. The business had revenue of $38.55 million for the quarter, compared to analysts’ expectations of $39.50 million.

Several institutional investors have recently modified their holdings of UFAB. JFS Wealth Advisors LLC acquired a new stake in Unique Fabricating during the second quarter worth about $73,000. Pacific Ridge Capital Partners LLC increased its holdings in shares of Unique Fabricating by 1.3% during the 2nd quarter. Pacific Ridge Capital Partners LLC now owns 621,849 shares of the auto parts company’s stock worth $1,685,000 after buying an additional 7,795 shares during the last quarter. Vanguard Group Inc. increased its holdings in shares of Unique Fabricating by 42.4% during the 2nd quarter. Vanguard Group Inc. now owns 85,246 shares of the auto parts company’s stock worth $231,000 after buying an additional 25,400 shares during the last quarter. Finally, Susquehanna International Group LLP purchased a new stake in shares of Unique Fabricating during the 2nd quarter valued at approximately $34,000.

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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