Analyst Ratings for Ultratech Inc. (UTEK)

Updated: 2017-05-29

Analysts covering Ultratech Inc. (NASDAQ:UTEK) have given it a consensus rating of Hold. A consensus rating of Hold was previously issued for UTEK last month.

3 analysts issued ratings on the stock, where 0 gave UTEK a buy rating, 0 gave an overweight rating, 3 gave a hold rating, 0 issued an underweight rating, and 0 gave a sell rating. Compared to three months ago, there has been an increase of 0 in the number of analysts with a positive outlook on the stock. Meanwhile, the number of analysts pessimistic about the company has increased by 0.

A number of analysts gave price targets for UTEK. The most optimistic price target was 30, implying potential capital gains of -0.76 percent. The minimum price target given was 28, implying a possible loss of -7.38 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is 6.5 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 14.79 percent.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, which can be compared to the 0 analysts that decreased their estimates. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts made negative revisions to their fiscal year's estimates.

Analysts estimate earnings of UTEK to grow at a rate of 55 percent. People on Wall Street often look at a company's PEG ratio. Smaller PEG ratios are desirable, because that is often interpreted as the company being fairly priced relative to its growth rate. Wall Street investors typically prefer a PEG ratio to be smaller than 1, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of UTEK is 0.96.

UTEK has a 52-week high of 30.94 and a 52-week low of 20.56. Currently the stock is 47.03 percent higher than its low, and 2.29 percent below the high. UTEK has a P/E ratio of 53.04. Investors typically compare the P/E ratio to a company's peers in the industry. The UTEK value stock report compares UTEK to some of its peers using value stock charts. The stock has a market capitalization of $0.82334 billion. UTEK's next earnings release will be on 0000-00-00, which is days away.