Ultralife (ULBI) Set to Announce Quarterly Earnings on Thursday

Ultralife (NASDAQ:ULBI) is set to release its earnings data before the market opens on Thursday, April 25th. Individual that are interested in registering for the company’s earnings conference call can do so using this link.

Ultralife (NASDAQ:ULBI) last released its quarterly earnings results on Thursday, February 15th. The technology company reported $0.18 earnings per share for the quarter. Ultralife had a net margin of 4.54% and a return on equity of 7.36%. The firm had revenue of $44.55 million for the quarter.

Ultralife Trading Down 3.2 %

Shares of NASDAQ:ULBI opened at $8.41 on Wednesday. Ultralife has a 12-month low of $3.92 and a 12-month high of $11.85. The business has a 50 day moving average of $9.09 and a 200-day moving average of $8.19. The company has a quick ratio of 2.02, a current ratio of 3.80 and a debt-to-equity ratio of 0.19. The stock has a market cap of $138.35 million, a PE ratio of 19.11 and a beta of 1.26.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on the company. Benchmark boosted their price target on Ultralife from $12.00 to $13.00 and gave the company a “buy” rating in a research note on Tuesday, March 5th. StockNews.com cut shares of Ultralife from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, March 26th.

About Ultralife

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.