NASDAQ$UFPT

UFP Technologies Inc · Q1 2021 earnings

Q1 2021 earnings · · Investor relations

Briefing

UFP Technologies reported record Q1 2021 results with increased sales and improved bottom line.

UFP Technologies reported a net income of $4.2 million, or $0.55 per diluted share, for Q1 2021, compared to $3.9 million, or $0.52 per diluted share, for the same quarter in 2020. Sales for the quarter were $48.6 million, slightly exceeding the $48.3 million reported in Q1 2020. The company saw strong growth in Aerospace & Defense and Consumer markets, with medical sales showing progress compared to the last two quarters of 2020.

  • Net income increased to $4.2 million, or $0.55 per diluted share, compared to $3.9 million, or $0.52 per diluted share, in Q1 2020.
  • Sales for the first quarter were $48.6 million, slightly above the $48.3 million reported in Q1 2020.
  • Medical market showed progress with a smaller decrease compared to Q4 2020, as elective procedures began to resume.
  • Aerospace & Defense and Consumer markets experienced strong growth, increasing by 68% and 62%, respectively.

Headline financials

Total Revenue

$48.6M

Previous: $48.3M+0.7%
EPS (adj)

$0.55

Previous: $0.52+5.8%
Capital Expenditures

-$1.45M

Previous: -$1.02M-42.1%
Free Cash Flow

$2.71M

Previous: $2.87M-5.5%
Net Income

$4.16M

Previous: $3.89M+7.0%
Operating Income

$5.3M

Previous: $5.08M+4.4%
Gross Profit

$12.6M

Previous: $12.8M-1.7%
Cash & Equivalents

$25.4M

Previous: $7.33M+246.0%
Total Assets

$209M

Previous: $194M+7.7%
Stock-Based Comp

$501K

Previous: $537K-6.7%

Revenue & EPS history

UFP Technologies · Revenue · Quarterly

$48.6M

Q1 2021+0.7%vs Q1 2020
Beat estimate in 14 of 16 quarters(88%)
ActualEstimate

Revenue by segment

UFP Technologies · $6.8M total across 1 segment · Q3 2023

  • Medical
    $6.8M

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2021

Historical avgQ1 2021

+2.7%

Avg return

Earnings day

+3.1%

Avg return

5 days after

+5.5%

Avg return

30 days after

66%

43 / 65 earnings

Positive

+24.0%

Q1 2024

Best reaction

-11.6%

Q3 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+4.2%-1.0%+1.1%
Q4 2025+0.3%-15.1%-21.2%
Q3 2025+12.2%+13.6%+8.6%
Q1 2025+11.2%+19.8%+23.6%
Q4 2024+9.4%-5.5%-15.7%
Q3 2024+23.8%+24.2%+4.5%
Q2 2024+2.8%-5.4%+7.7%
Q1 2024+24.0%+24.5%+26.4%
Q4 2023+10.5%+11.3%+26.2%
Q3 2023-11.6%-8.0%+6.9%
Q2 2023-5.5%-6.3%-9.7%
Q1 2023+5.8%+2.0%+13.9%
Q4 2022+10.8%+2.9%+16.5%
Q3 2022+16.4%+21.5%+31.6%
Q2 2022+11.2%+11.1%+14.1%
Q1 2022+5.9%+3.1%+14.2%
Q4 2021-1.0%-11.1%+1.3%
Q3 2021+4.1%+6.8%+7.6%
Q2 2021+9.6%+12.5%+14.8%
Q1 2021+8.1%+8.8%+15.4%
Q4 2020+1.4%-7.8%-0.7%
Q3 2020+13.2%+18.9%+25.0%
Q2 2020+3.7%+2.5%-6.4%
Q1 2020+1.3%+7.1%+10.0%
Q4 2019+3.0%-4.2%-28.6%
Q3 2019-0.2%+1.3%+7.7%
Q2 2019+2.6%-1.4%-2.2%
Q1 2019+2.8%+3.6%+5.0%
Q4 2018-1.4%-0.2%+8.6%
Q3 2018-0.8%-1.8%+5.1%
Q2 2018+2.7%+10.2%+7.6%
Q1 2018-0.6%-3.2%-6.2%
Q4 2017-3.3%-1.4%+3.7%
Q3 2017-10.1%-11.1%-9.0%
Q2 2017-3.3%-3.8%-8.0%
Q1 2017+1.7%+1.1%+4.9%
Q4 2016+0.4%+1.2%+5.7%
Q3 2016-4.6%-3.5%-4.6%
Q2 2016+3.3%+2.9%+7.5%
Q1 2016+1.3%
Q4 2015+5.6%
Q3 2015-0.6%
Q2 2015+12.7%
Q1 2015-2.7%
Q4 2014-7.5%
Q3 2014+0.9%
Q2 2014-2.1%
Q1 2014-1.2%
Q4 2013+0.1%
Q3 2013-0.9%
Q2 2013+1.4%
Q1 2013-3.4%
Q4 2012-0.6%
Q3 2012-2.5%
Q2 2012+1.3%
Q1 2011+2.5%
Q1 2012+0.6%
Q4 2009-3.0%
Q4 2011-3.0%
Q3 2010+2.6%
Q3 2011+2.6%
Q4 2010+1.3%
Q2 2010+1.3%
Q2 2011+1.3%
Q1 2010+0.5%

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