Ultralife (ULBI) to Release Earnings on Thursday

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

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

Ultralife Stock Up 0.2 %

ULBI opened at $8.69 on Tuesday. The company has a debt-to-equity ratio of 0.19, a current ratio of 3.80 and a quick ratio of 2.02. Ultralife has a 12 month low of $3.92 and a 12 month high of $11.85. The stock’s 50 day moving average price is $9.09 and its 200 day moving average price is $8.19. The stock has a market cap of $142.95 million, a P/E ratio of 19.75 and a beta of 1.26.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on the stock. Benchmark lifted their price objective on shares of Ultralife from $12.00 to $13.00 and gave the company a “buy” rating in a research note on Tuesday, March 5th. StockNews.com downgraded shares of Ultralife from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, March 26th.

Ultralife Company Profile

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.