Should I buy or sell Ultralife stock right now?

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Ultralife in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" ULBI shares. View ULBI analyst ratings or view top-rated stocks .

What is Ultralife's stock price target for 2024?

1 equities research analysts have issued twelve-month target prices for Ultralife's shares. Their ULBI share price targets range from $13.00 to $13.00. On average, they expect the company's stock price to reach $13.00 in the next twelve months. This suggests a possible upside of 48.6% from the stock's current price. View analysts price targets for ULBI or view top-rated stocks among Wall Street analysts .

How have ULBI shares performed in 2024?

Ultralife's stock was trading at $6.82 on January 1st, 2024. Since then, ULBI shares have increased by 28.3% and is now trading at $8.75. View the best growth stocks for 2024 here .

Are investors shorting Ultralife?

Ultralife saw a decrease in short interest in the month of March. As of March 31st, there was short interest totaling 105,600 shares, a decrease of 18.1% from the March 15th total of 128,900 shares. Based on an average trading volume of 62,100 shares, the days-to-cover ratio is presently 1.7 days. Approximately 1.1% of the company's shares are short sold. View Ultralife's Short Interest .

When is Ultralife's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, April 25th 2024. View our ULBI earnings forecast .

How can I listen to Ultralife's earnings call?

Ultralife will be holding an earnings conference call on Thursday, April 25th at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link .

How were Ultralife's earnings last quarter?

Ultralife Co. (NASDAQ:ULBI) issued its quarterly earnings data on Thursday, February, 15th. The technology company reported $0.18 earnings per share for the quarter. The technology company had revenue of $44.55 million for the quarter. Ultralife had a trailing twelve-month return on equity of 7.36% and a net margin of 4.54%.

What other stocks do shareholders of Ultralife own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Ultralife investors own include Sociedad Química y Minera de Chile (SQM) , Aurora Cannabis (ACBFF) , OPKO Health (OPK) , Arotech (ARTX) , Antares Pharma (ATRS) , Enterprise Products Partners (EPD) , Verizon Communications (VZ) and Teva Pharmaceutical Industries (TEVA) .

How do I buy shares of Ultralife?

Shares of ULBI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

Does Ultralife have any subsidiaries?

The following companies are subsidiares of Ultralife: ABLE New Energy Co. Limited, Accutronics Ltd., CLB Inc., Southwest Electronic Energy Corporation, Ultralife Batteries (UK) LTD, Ultralife Batteries India Private Limited, Ultralife Energy Services Corporation, and Ultralife UK LTD. Read More

NASDAQ:ULBI

Ultralife (ULBI) Stock Price, News & Analysis

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$8.75

-0.06 (-0.68%)

(As of 12:40 PM ET)

Compare

Today's Range: $8.63
▼
$8.84
50-Day Range: $7.38
▼
$9.96
52-Week Range: $3.92
▼
$11.85

Volume: 9,519 shs
Average Volume: 58,580 shs
Market Capitalization: $143.94 million

P/E Ratio: 19.89
Dividend Yield: N/A
Price Target: $13.00

Get Ultralife alerts:

Ultralife MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 48.6% Upside
$13.00 Price Target
Short Interest: Healthy
1.10% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.48
Based on 4 Articles This Week
Insider Trading: Acquiring Shares
$8,600 Bought Last Quarter
Proj. Earnings Growth: N/A

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.53 out of 5 stars

Computer And Technology Sector

230th out of 582 stocks

Miscellaneous Electrical Machinery, Equipment, & Supplies Industry

5th out of 25 stocks

3.5

Analyst's Opinion

Consensus Rating
Ultralife has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.
Amount of Analyst Coverage
Ultralife has only been the subject of 1 research reports in the past 90 days.

5.0

Short Interest

Percentage of Shares Shorted
1.10% of the float of Ultralife has been sold short.
Short Interest Ratio / Days to Cover
Ultralife has a short interest ratio ("days to cover") of 1.7, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Ultralife has recently decreased by 18.08%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
Ultralife does not currently pay a dividend.
Dividend Growth
Ultralife does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for ULBI.

1.9

News and Social Media Coverage

News Sentiment
Ultralife has a news sentiment score of 0.48. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 4 news articles for Ultralife this week, compared to 1 article on an average week.
MarketBeat Follows
Only 4 people have added Ultralife to their MarketBeat watchlist in the last 30 days. This is a decrease of -33% compared to the previous 30 days.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Ultralife insiders have bought more of their company's stock than they have sold. Specifically, they have bought $8,600.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
42.70% of the stock of Ultralife is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 30.68% of the stock of Ultralife is held by institutions.

1.3

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Ultralife is 19.89, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 137.39.
Price to Earnings Ratio vs. Sector
The P/E ratio of Ultralife is 19.89, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 228.45.
Price to Book Value per Share Ratio
Ultralife has a P/B Ratio of 1.14. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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About Ultralife Stock (NASDAQ:ULBI)

Ultralife Corporation, together with its subsidiaries, designs, manufactures, installs, and maintains power, and communication and electronics systems worldwide. The company operates in two segments, Battery & Energy Products and Communications Systems. The Battery & Energy Products segment offers lithium 9-volt, cylindrical, thin lithium manganese dioxide, rechargeable, and other non-rechargeable batteries; lithium-ion cells, multi-kilowatt module lithium-ion battery systems, and uninterruptable power supplies; and rugged military and commercial battery charging systems and accessories, including smart chargers, multi-bay charging systems, and various cables. The Communications Systems segment provides communications systems and accessories to support military communications systems, such as radio frequency amplifiers, power supplies and cables, connector assemblies, amplified speakers, equipment mounts, case equipment, man-portable systems, and integrated communication systems for fixed or vehicle applications comprising vehicle adapters, vehicle installed power enhanced rifleman appliqué systems, and SATCOM systems. This segment's military communications systems and accessories are designed to enhance and extend the operation of communications equipment, such as vehicle-mounted, manpack, and handheld transceivers. The company sells its products under the Ultralife, Ultralife HiRate, Ultralife Thin Cell, Ultralife Batteries, Lithium Power, McDowell Research, AMTITM, ABLETM, ACCUTRONICS, ACCUPRO, ENTELLION, SWE Southwest Electronic Energy Group, SWE SEASAFE, Excell Battery Group, and Criterion Gauge brands through original equipment manufacturers, and industrial and defense supply distributors. In addition, it sells its 9-volt battery to the broader consumer market through national and regional retail chains and online retailers. It serves government, defense, and commercial sectors. The company was incorporated in 1990 and is headquartered in Newark, New York.

ULBI Stock Price History

30 days | 90 days | 365 days | Advanced Chart

ULBI Stock News Headlines

April 18, 2024 | americanbankingnews.com

Ultralife (ULBI) Scheduled to Post Earnings on Thursday

April 16, 2024 | finance.yahoo.com

Ultralife Corporation (ULBI) Stock Historical Prices & Data - Yahoo Finance

April 19, 2024 | DTI (Ad)

Biden’s $374B Giveaway Into This Sector

Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here

April 15, 2024 | americanbankingnews.com

Ultralife Co. (NASDAQ:ULBI) Sees Large Decline in Short Interest

April 11, 2024 | globenewswire.com

Ultralife Corporation to Report First Quarter Results on April 25, 2024

April 9, 2024 | americanbankingnews.com

Ultralife (NASDAQ:ULBI) Shares Pass Above 200-Day Moving Average of $8.27

March 25, 2024 | finance.yahoo.com

Here's What To Make Of Ultralife's (NASDAQ:ULBI) Decelerating Rates Of Return

March 16, 2024 | finance.yahoo.com

ULBI Apr 2024 5.000 put

April 19, 2024 | DTI (Ad)

Biden’s $374B Giveaway Into This Sector

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February 22, 2024 | money.usnews.com

Ultralife Corp

February 20, 2024 | finance.yahoo.com

Insiders of Ultralife Corporation (NASDAQ:ULBI) were rewarded after last week’s 25% gain

February 16, 2024 | finance.yahoo.com

Ultralife Corporation (NASDAQ:ULBI) Q4 2023 Earnings Call Transcript

February 15, 2024 | marketwatch.com

Ultralife Shares Rise 14% After Posting 4Q Profit on Rising Sales

February 15, 2024 | markets.businessinsider.com

What Wall Street expects from Ultralife Batteries's earnings

February 15, 2024 | finance.yahoo.com

Ultralife Corporation Reports Fourth Quarter Results

February 15, 2024 | finance.yahoo.com

Ultralife Corp (ULBI) Reports Strong Q4 and Full Year 2023 Financial Results

February 15, 2024 | globenewswire.com

Ultralife Corporation Reports Fourth Quarter Results

January 31, 2024 | finance.yahoo.com

Investors in Ultralife (NASDAQ:ULBI) have seen respectable returns of 80% over the past year

January 29, 2024 | finance.yahoo.com

Ultralife Corporation to Report Fourth Quarter Results on February 15, 2024

January 5, 2024 | finance.yahoo.com

At US$6.57, Is Ultralife Corporation (NASDAQ:ULBI) Worth Looking At Closely?

November 22, 2023 | seekingalpha.com

Ultralife: Buy The Dip

November 10, 2023 | morningstar.com

Ultralife Corp ULBI

October 30, 2023 | gurufocus.com

The Ultralife Corp (ULBI) Company: A Short SWOT Analysis

October 26, 2023 | msn.com

FTI Consulting, ParaZero Technologies, Ultralife among industrial movers

October 26, 2023 | finance.yahoo.com

Ultralife Corp (ULBI) Reports Q3 2023 Earnings: Revenue and Gross Profit Rise

October 26, 2023 | msn.com

Ultralife Non-GAAP EPS of $0.10 in-line, revenue of $39.5M in-line

October 26, 2023 | sfgate.com

Ultralife: Q3 Earnings Snapshot

See More Headlines

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Company Calendar

Last Earnings: 2/15/2024
Today: 4/19/2024
Next Earnings (Confirmed): 4/25/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Computer and Technology
Industry: Miscellaneous electrical machinery, equipment, & supplies
Sub-Industry: N/A
Current Symbol: NASDAQ:ULBI
CUSIP: N/A
CIK: 875657
Web: www.ultralifecorporation.com
Phone: (315) 332-7100
Fax: 315-331-7800
Employees: 536
Year Founded: 1990

Price Target and Rating

Average Stock Price Target: $13.00
High Stock Price Target: $13.00
Low Stock Price Target: $13.00
Potential Upside/Downside: +48.6%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.44
Trailing P/E Ratio: 19.89
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $7.20 million
Net Margins: 4.54%
Pretax Margin: 5.75%
Return on Equity: 7.36%
Return on Assets: 5.07%

Debt

Debt-to-Equity Ratio: 0.19
Current Ratio: 3.80
Quick Ratio: 2.02

Sales & Book Value

Annual Sales: $158.64 million
Price / Sales: 0.91
Cash Flow: $0.76 per share
Price / Cash Flow: 11.50
Book Value: $7.68 per share
Price / Book: 1.14

Miscellaneous

Outstanding Shares: 16,450,000
Free Float: 9,426,000
Market Cap: $143.94 million
Optionable: Optionable
Beta: 1.26

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Key Executives

Mr. Michael E. Manna (Age 53)
President, CEO & Director
Comp: $286.52k
Mr. Philip A. Fain (Age 69)
CFO, Treasurer & Corporate Secretary
Comp: $393.69k
Mr. James J. Rasmussen
President of Communication System

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

ULBI Stock Analysis - Frequently Asked Questions

Should I buy or sell Ultralife stock right now?: 1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Ultralife in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" ULBI shares.
View ULBI analyst ratings or view top-rated stocks.
What is Ultralife's stock price target for 2024?: 1 equities research analysts have issued twelve-month target prices for Ultralife's shares. Their ULBI share price targets range from $13.00 to $13.00. On average, they expect the company's stock price to reach $13.00 in the next twelve months. This suggests a possible upside of 48.6% from the stock's current price.
View analysts price targets for ULBI or view top-rated stocks among Wall Street analysts.
How have ULBI shares performed in 2024?: Ultralife's stock was trading at $6.82 on January 1st, 2024. Since then, ULBI shares have increased by 28.3% and is now trading at $8.75.
View the best growth stocks for 2024 here.
Are investors shorting Ultralife?: Ultralife saw a decrease in short interest in the month of March. As of March 31st, there was short interest totaling 105,600 shares, a decrease of 18.1% from the March 15th total of 128,900 shares. Based on an average trading volume of 62,100 shares, the days-to-cover ratio is presently 1.7 days. Approximately 1.1% of the company's shares are short sold.
View Ultralife's Short Interest.
When is Ultralife's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, April 25th 2024.
View our ULBI earnings forecast.
How can I listen to Ultralife's earnings call?: Ultralife will be holding an earnings conference call on Thursday, April 25th at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link.

How were Ultralife's earnings last quarter?: Ultralife Co. (NASDAQ:ULBI) issued its quarterly earnings data on Thursday, February, 15th. The technology company reported $0.18 earnings per share for the quarter. The technology company had revenue of $44.55 million for the quarter. Ultralife had a trailing twelve-month return on equity of 7.36% and a net margin of 4.54%.
What other stocks do shareholders of Ultralife own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Ultralife investors own include Sociedad Química y Minera de Chile (SQM), Aurora Cannabis (ACBFF), OPKO Health (OPK), Arotech (ARTX), Antares Pharma (ATRS), Enterprise Products Partners (EPD), Verizon Communications (VZ) and Teva Pharmaceutical Industries (TEVA).
How do I buy shares of Ultralife?: Shares of ULBI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.
Does Ultralife have any subsidiaries?: The following companies are subsidiares of Ultralife: ABLE New Energy Co. Limited, Accutronics Ltd., CLB Inc., Southwest Electronic Energy Corporation, Ultralife Batteries (UK) LTD, Ultralife Batteries India Private Limited, Ultralife Energy Services Corporation, and Ultralife UK LTD.
Read More

This page (NASDAQ:ULBI) was last updated on 4/19/2024 by MarketBeat.com Staff

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Ultralife (ULBI) Stock Price, News & Analysis

Ultralife MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Ultralife Stock (NASDAQ:ULBI)

ULBI Stock Price History

ULBI Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

Key Executives

Key Competitors

Insiders & Institutions

ULBI Stock Analysis - Frequently Asked Questions

Overall MarketRank^™