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.

Several price targets were given for UTEK by the analysts covering the stock. The most optimistic analyst gave a price target of 30, which equates to a potential upside of -0.76 percent. The most pessimistic price target was 28, which equates to a potential downside of -7.38 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.

Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is 6.5 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 0 percent. If we look at the last 90 days instead, we find a net average change of 14.79 percent in FY estimates.

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, while 0 analysts revised their estimates downwards. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 0 analysts decreased their estimates.

UTEK has an estimated earnings growth rate of 55 percent as forecasted by analysts. The PEG ratio of a stock is another value frequently studied by investors. Investors like to see smaller values for the PEG ratio, because people typically see that as an indicator of higher growth relative to stock price. People often look for the PEG ratio to be under 1, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of UTEK is 0.96.

In the trailing 52-weeks, UTEK hit 30.94 at the highest peak, while it's lowest trading point was 20.56. Currently the stock is 47.03 percent higher than its low, and 2.29 percent below the high. UTEK has a price/earnings 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.