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 price target was 30, implying a possible profit of -0.76 percent. The lowest price target was 28, implying potential capital losses of -7.38 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is 6.5 percent. Meanwhile, fiscal year estimates have been revised upwards by 0 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of 14.79 percent in FY estimates.

Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts made negative revisions. 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.

UTEK has an estimated earnings growth rate of 55 percent as forecasted by analysts. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. 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. PEG ratios below 1 are often considered desirable, though it could be better to see where the ratio stands relative to peers in the industry. UTEK has a PEG ratio of 0.96.

UTEK has traded between a high of 30.94 and a low of 20.56 over the past year. Currently the stock is 47.03 percent higher than its low, and below the high by 2.29 percent. 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 is estimated to release their earnings results for the quarter on 0000-00-00, days from today.