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 highest price target was 30, implying potential capital gains of -0.76 percent. The most pessimistic analyst gave a price target of 28, which equates to a potential downside of -7.38 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.

Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. That number becomes 6.5 percent if we expand the time horizon to include the past 3 months instead of just one. Meanwhile, fiscal year estimates have been revised upwards by 0 percent, compared to last month. 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. Over the past month, 0 analysts increased their quarterly estimates, while 0 analysts revised their estimates downwards. Also over the last month, 0 analysts increased their estimates for the FY earnings, compared to 0 analysts that revised their FY estimates downwards.

The growth rate of UTEK's earnings is estimated by analysts to be 55 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Smaller PEG ratios are desirable, as that can indicate whether the high price level of a stock is warranted by high growth. People often look for the PEG ratio to be under 1, even though it may be more relevant to compare the ratio to that of a firm's competitors. 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. Today's price is 47.03 percent above the 52-week 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's next earnings release will be on 0000-00-00, which is days away.