United-Guardian (NASDAQ:UG) Posts Earnings Results

United-Guardian (NASDAQ:UG) posted its quarterly earnings results on Friday. The company reported $0.18 EPS for the quarter, FiscalAI reports. United-Guardian had a return on equity of 19.10% and a net margin of 19.97%.The firm had revenue of $2.87 million during the quarter.

United-Guardian Stock Performance

NASDAQ:UG opened at $6.94 on Friday. United-Guardian has a one year low of $5.58 and a one year high of $9.88. The stock has a market cap of $31.84 million, a PE ratio of 13.34 and a beta of 0.97. The stock has a 50 day moving average price of $6.63 and a 200 day moving average price of $6.52.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in UG. Hikari Tsushin Inc. purchased a new position in shares of United-Guardian during the third quarter worth $75,000. Geode Capital Management LLC boosted its position in shares of United-Guardian by 8.2% during the fourth quarter. Geode Capital Management LLC now owns 35,560 shares of the company’s stock worth $219,000 after buying an additional 2,691 shares during the period. Teton Advisors LLC purchased a new position in shares of United-Guardian during the third quarter worth $424,000. Gamco Investors INC. ET AL boosted its position in shares of United-Guardian by 1.9% during the fourth quarter. Gamco Investors INC. ET AL now owns 162,500 shares of the company’s stock worth $1,001,000 after buying an additional 3,000 shares during the period. Finally, Renaissance Technologies LLC boosted its position in shares of United-Guardian by 1.0% during the fourth quarter. Renaissance Technologies LLC now owns 186,645 shares of the company’s stock worth $1,150,000 after buying an additional 1,882 shares during the period. 23.16% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings raised United-Guardian from a “sell (d)” rating to a “hold (c-)” rating in a report on Friday, April 10th. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Hold”.

United-Guardian Company Profile

United-Guardian, Inc, headquartered in Hauppauge, New York, develops and supplies specialty ingredients and finished products for the personal care, cosmetic and esthetic markets. Its Specialty Ingredients segment offers antimicrobial preservatives, conditioning polymers, emulsifiers, UV filters and other functional actives that are incorporated into lotions, creams, shampoos and professional esthetic formulations.

The company’s Finished Products segment markets a range of skin and hair care items under the Guardian brand, providing private-label and contract manufacturing services to spas, salons and dermatology clinics.