Wall Street brokerages expect Unique Fabricating, Inc. (NASDAQ:UFAB) to report sales of $40.44 million for the current fiscal quarter, Zacks Investment Research reports. Three analysts have made estimates for Unique Fabricating’s earnings, with the lowest sales estimate coming in at $37.90 million and the highest estimate coming in at $44.70 million. Unique Fabricating posted sales of $41.68 million in the same quarter last year, which would indicate a negative year-over-year growth rate of 3%. The firm is expected to issue its next earnings results on Thursday, March 14th.
According to Zacks, analysts expect that Unique Fabricating will report full-year sales of $176.46 million for the current fiscal year, with estimates ranging from $173.00 million to $182.55 million. For the next year, analysts forecast that the business will post sales of $185.97 million, with estimates ranging from $177.30 million to $200.00 million. Zacks Investment Research’s sales calculations are an average based on a survey of research analysts that that provide coverage for Unique Fabricating.
Separately, Taglich Brothers reiterated a “speculative buy” rating on shares of Unique Fabricating in a report on Wednesday, September 12th.
NASDAQ UFAB traded up $0.18 during mid-day trading on Friday, reaching $6.32. 6 shares of the stock were exchanged, compared to its average volume of 11,741. Unique Fabricating has a 1-year low of $6.06 and a 1-year high of $9.70.
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.
Featured Story: How Investors Use a Balance Sheet
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for Unique Fabricating Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Unique Fabricating and related companies with MarketBeat.com's FREE daily email newsletter.