UFP Industries (UFPI) Expected to Announce Quarterly Earnings on Monday

UFP Industries (NASDAQ:UFPI - Get Free Report) will likely be posting its quarterly earnings results after the market closes on Monday, February 17th. Analysts expect UFP Industries to post earnings of $1.24 per share and revenue of $1.43 billion for the quarter. Individual interested in listening to the company's earnings conference call can do so using this link.

UFP Industries Stock Up 1.3 %

Shares of NASDAQ UFPI traded up $1.49 during mid-day trading on Thursday, reaching $114.27. 192,598 shares of the company traded hands, compared to its average volume of 280,272. The company has a debt-to-equity ratio of 0.07, a quick ratio of 3.25 and a current ratio of 4.31. The stock has a market cap of $6.94 billion, a PE ratio of 15.72 and a beta of 1.45. The company's fifty day moving average is $116.84 and its two-hundred day moving average is $123.59. UFP Industries has a fifty-two week low of $107.25 and a fifty-two week high of $141.33.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on the company. StockNews.com raised UFP Industries from a "hold" rating to a "buy" rating in a report on Tuesday, December 3rd. Wedbush reaffirmed an "outperform" rating and issued a $155.00 target price on shares of UFP Industries in a report on Monday, November 4th. One research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company's stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of $148.00.

Insider Transactions at UFP Industries

In other news, Director William G. Currie sold 5,700 shares of UFP Industries stock in a transaction that occurred on Friday, December 13th. The stock was sold at an average price of $126.59, for a total transaction of $721,563.00. Following the sale, the director now owns 61,140 shares of the company's stock, valued at approximately $7,739,712.60. This trade represents a 8.53 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Matthew J. Missad sold 15,000 shares of UFP Industries stock in a transaction that occurred on Friday, November 22nd. The stock was sold at an average price of $131.03, for a total value of $1,965,450.00. Following the sale, the chief executive officer now directly owns 314,450 shares in the company, valued at $41,202,383.50. The trade was a 4.55 % decrease in their position. The disclosure for this sale can be found here. 2.58% of the stock is owned by insiders.

About UFP Industries

UFP Industries, Inc, through its subsidiaries, designs, manufactures, and markets wood and non-wood composites, and other materials in North America, Europe, Asia, and Australia. It operates through Retail, Packaging, and Construction segments. The Retail segment offers treated lumber products, including decking, fencing, lattice, and other products; pressure-treated and fire-retardant products used primarily for outdoor decking environments; and lawn and garden products, consisting of wood and vinyl fencing options, garden beds and planters, pergolas, picnic tables, and other landscaping products.