UltralifeULBI
About: Ultralife Corp provides products and services ranging from power solutions to communications and electronics systems to customers across the globe in the government and defense, medical, safety and security, energy, and industrial sectors. The company designs, manufactures, installs, and maintains power and communications systems including rechargeable and non-rechargeable batteries, charging systems, communications and electronics systems and accessories, and custom-engineered systems. The company's segments include Battery and Energy Products, and Communications Systems. It generates maximum revenue from the Battery and Energy Products segment, and from the U.S. The Battery & Energy Products segment includes Lithium 9-volt, cylindrical, and various other non-rechargeable batteries.
Employees: 536
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
15,000% more call options, than puts
Call options by funds: $151K | Put options by funds: $1K
17% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 12
3% more funds holding
Funds holding: 72 [Q2] → 74 (+2) [Q3]
10% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 21
0.28% less ownership
Funds ownership: 36.97% [Q2] → 36.69% (-0.28%) [Q3]
15% less capital invested
Capital invested by funds: $64.6M [Q2] → $54.7M (-$9.9M) [Q3]
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
Benchmark Josh Sullivan 75% 1-year accuracy 42 / 56 met price target | 92%upside $14 | Buy Reiterated | 15 Nov 2024 |