Zacks: Unique Fabricating, Inc. (NASDAQ:UFAB) Given $4.50 Consensus Target Price by Brokerages

Unique Fabricating, Inc. (NASDAQ:UFAB) has received a consensus broker rating score of 2.00 (Buy) from the one brokers that cover the company, Zacks Investment Research reports. One analyst has rated the stock with a buy recommendation. Unique Fabricating’s rating score has declined by 33.3% in the last three months as a result of a number of analysts’ ratings changes.

Brokerages have set a twelve-month consensus price objective of $4.50 for the company and are expecting that the company will post $0.04 EPS for the current quarter, according to Zacks. Zacks has also assigned Unique Fabricating an industry rank of 175 out of 255 based on the ratings given to related companies.

Separately, Taglich Brothers restated a “speculative buy” rating on shares of Unique Fabricating in a report on Monday, November 25th.

Unique Fabricating stock traded up $0.45 during trading hours on Tuesday, hitting $3.98. The stock had a trading volume of 66,734 shares, compared to its average volume of 11,807. Unique Fabricating has a 1-year low of $2.27 and a 1-year high of $6.68.

Unique Fabricating (NASDAQ:UFAB) last released its quarterly earnings results on Thursday, November 7th. The company reported ($0.03) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.08) by $0.05. The firm had revenue of $38.55 million for the quarter, compared to analyst estimates of $39.50 million.

About Unique Fabricating

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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