UNIQUE FABRICATING, INC.
Unique Fabricating Email List: Click to Subscribe
View Company Website: Click to View
Report Link: Updated Research Report (Dated 11/25/2019)
Analyst: John Nobile
Taglich Rating: Speculative Buy
Price Target: $4.50
Time Horizon: 12 Months
Rating Established: July 26, 2017
Price When Established: $8.93
Most Recent Report: November 25, 2019
Price When Issued: $2.87
Unique Fabricating Announces Q4 Results
On March 26, 2020, Unique Fabricating, Inc. (NYSE MKT: UFAB) announced results for its fourth quarter ended December 29, 2019.
For the quarter, the company reported that sales decreased 10% to $35.6 million from $39.8 million in the comparable period in 2018. The company reported that it broke even on the bottom line compared to a net loss of $191,000 or $(0.02) per share in 4Q18. The net loss for 4Q19 included $1 million of restructuring charges.
Taglich Brothers estimates were for 4Q19 sales of $38 million and net income of $437,000 or $0.04 per share.
Headquartered in Auburn Hills, MI, Unique Fabricating (UFAB) is engaged in the engineering and manufacture of multi-material foam, rubber, and plastic components. These components are utilized for reducing noise, vibration and harshness, acoustical management, water and air sealing, decorative and other functional applications.
Company ReportsResearch Update Released (Dated November 25, 2019)
Research Update Released (Dated September 3, 2019)
Research Update Released (Dated May 15, 2019)
Research Update Released (Dated March 15, 2019)
Research Update Released (Dated November 26, 2018)
Research Update Released (Dated September 12, 2018)
Research Update Released (Dated June 8, 2018)
Research Update Released (Dated April 9, 2018)
Research Update Released (Dated December 1, 2017)
Research Update Released (Dated August 15, 2017)
Initial Research Report (Dated July 26, 2017)
Please view our current disclosure and disclaimer on our most recent research report.