Unique Fabricating, Inc.

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Market Data: Yahoo Finance, Bloomberg, SEC Filings

Report Link: Updated Research Report (Dated April 1, 2022)

Symbol: UFAB
Analyst: John Nobile
Taglich Rating: Speculative Buy
Price Target: $4.00
Time Horizon: 12 Months
Rating Established: July 26, 2017
Price When Established: $8.93
Most Recent Report: November 22, 2021
Price When Issued: $1.90

What’s New

Unique Fabricating Reports 1Q22 Results

On May 12, 2022, Unique Fabricating, Inc. (NYSE MKT: UFAB) announced results for its first quarter ended March 31, 2022.

For 1Q22, the company reported that sales increased 1.5% to $35.3 million from $34.8 million in 1Q21. The company reported a net loss of $569,000 or $(0.05) per share compared to a loss of $1.1 million or $(0.11) per share in 1Q21.

We projected 1Q22 sales of $34.5 million and a net loss of $1.3 million or $(0.11) per share.

Company Description

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.