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UFP Technologies, Inc. (NASDAQ:UFPT) just released its quarterly report and things are looking bullish. It was overall a positive result, with revenues beating expectations by 9.6% to hit US$145m. UFP Technologies reported statutory earnings per share (EPS) US$2.11, which was a notable 17% above what the analysts had forecast. The analysts typically update their forecasts at each earnings report, and we can judge from their estimates whether their view of the company has changed or if there are any new concerns to be aware of. We thought readers would find it interesting to see the analysts latest (statutory) post-earnings forecasts for next year.
View our latest analysis for UFP Technologies
Following the latest results, UFP Technologies' three analysts are now forecasting revenues of US$595.0m in 2025. This would be a major 29% improvement in revenue compared to the last 12 months. Statutory earnings per share are predicted to surge 21% to US$8.58. In the lead-up to this report, the analysts had been modelling revenues of US$574.5m and earnings per share (EPS) of US$8.26 in 2025. It looks like there's been a modest increase in sentiment following the latest results, withthe analysts becoming a bit more optimistic in their predictions for both revenues and earnings.
Despite these upgrades,the analysts have not made any major changes to their price target of US$381, suggesting that the higher estimates are not likely to have a long term impact on what the stock is worth. There's another way to think about price targets though, and that's to look at the range of price targets put forward by analysts, because a wide range of estimates could suggest a diverse view on possible outcomes for the business. The most optimistic UFP Technologies analyst has a price target of US$392 per share, while the most pessimistic values it at US$370. This is a very narrow spread of estimates, implying either that UFP Technologies is an easy company to value, or - more likely - the analysts are relying heavily on some key assumptions.
One way to get more context on these forecasts is to look at how they compare to both past performance, and how other companies in the same industry are performing. The period to the end of 2025 brings more of the same, according to the analysts, with revenue forecast to display 22% growth on an annualised basis. That is in line with its 21% annual growth over the past five years. By contrast, our data suggests that other companies (with analyst coverage) in a similar industry are forecast to see their revenues grow 8.3% per year. So it's pretty clear that UFP Technologies is forecast to grow substantially faster than its industry.