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.

Disclaimer
Please view our current disclosure and disclaimer on our most recent research report.