Unique Fabricating (NYSEAMERICAN:UFAB) issued its quarterly earnings data on Friday. The auto parts company reported $0.11 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.18 by ($0.07), MarketWatch Earnings reports. The firm had revenue of $42.05 million during the quarter, compared to analyst estimates of $44.27 million. Unique Fabricating updated its FY 2018 guidance to $0.58-0.62 EPS.

NYSEAMERICAN UFAB traded down $1.30 during trading hours on Friday, reaching $6.76. The company’s stock had a trading volume of 32,812 shares, compared to its average volume of 11,945. Unique Fabricating has a 1-year low of $6.74 and a 1-year high of $9.70.

UFAB has been the subject of several analyst reports. Zacks Investment Research cut Unique Fabricating from a “buy” rating to a “hold” rating in a report on Thursday, August 9th. Taglich Brothers reissued a “speculative buy” rating on shares of Unique Fabricating in a report on Wednesday, September 12th.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. BlackRock Inc. increased its stake in Unique Fabricating by 65.1% during the 2nd quarter. BlackRock Inc. now owns 21,520 shares of the auto parts company’s stock worth $188,000 after buying an additional 8,489 shares in the last quarter. LSV Asset Management increased its stake in Unique Fabricating by 58.9% during the 3rd quarter. LSV Asset Management now owns 25,900 shares of the auto parts company’s stock worth $209,000 after buying an additional 9,600 shares in the last quarter. Dimensional Fund Advisors LP increased its stake in Unique Fabricating by 42.4% during the 1st quarter. Dimensional Fund Advisors LP now owns 34,918 shares of the auto parts company’s stock worth $295,000 after buying an additional 10,402 shares in the last quarter. Bailard Inc. purchased a new stake in Unique Fabricating during the 2nd quarter worth approximately $313,000. Finally, Renaissance Technologies LLC increased its stake in Unique Fabricating by 274.6% during the 2nd quarter. Renaissance Technologies LLC now owns 79,800 shares of the auto parts company’s stock worth $697,000 after buying an additional 58,500 shares in the last quarter.

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About Unique Fabricating

Unique Fabricating, Inc engineers and manufactures multi-material foam, rubber, and plastic components utilized in noise, vibration, harshness, acoustical management, water and air sealing, decorative, and other functional applications. It offers die cut products, such as trim insulation, headliner insulation, fender acoustical pad, A/B/C pillar cover, dashboard seal, cup holder base, and under hood insulation products, as well as heating, ventilation, and air conditioning (HVAC) seals; thermoformed and compression molded products, including HVAC air ducts, door water shields, evaporator liners, console bin mats and fender insulators, and others; and fusion molded products comprising interior mirror, body-in-white, cowl to hood, and cowl to fender seals.

See Also: Cost of Capital

Earnings History for Unique Fabricating (NYSEAMERICAN:UFAB)

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