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NASDAQ:UFPI

UFP Industries (UFPI) Stock Price, News & Analysis

UFP Industries logo
$113.02 -0.49 (-0.43%)
(As of 03:15 PM ET)

About UFP Industries Stock (NASDAQ:UFPI)

Key Stats

Today's Range
$112.49
$114.06
50-Day Range
$113.51
$139.02
52-Week Range
$107.49
$141.33
Volume
101,161 shs
Average Volume
282,605 shs
Market Capitalization
$6.86 billion
P/E Ratio
15.55
Dividend Yield
1.17%
Price Target
$148.00
Consensus Rating
Moderate Buy

Company Overview

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. This segment also offers wood plastic composites, composite decking, and related decking accessories, including non- aluminum railing systems, balusters, post caps, and other products, as well as pre-painted and primed shiplap and project boards. The Packaging segment provides custom and structural packaging products, pallets, corrugate, foam, labels, strapping, and films. The construction segment offers roof trusses, cut-to-size dimensional and board lumber, plywoods, and oriented strand boards; engineered wood components, including roof and floor trusses, wall panels, I-joists, and lumber packages; and alternate materials components, such as metal trusses, sheathed and pre-finished light gauge metal wall panels, aluminum decks, and rail accessories, as well as distributes siding, electrical, and plumbing products. This segment also engages in the manufacture of components; design, manufacture, and supply of wood forms and related products to set or form concrete for structures, such as parking garages, stadiums, and other infrastructure projects. It also offers interior fixtures, millwork, and casework for retail and commercial structures. The company was formerly known as Universal Forest Products, Inc. and changed its name to UFP Industries, Inc. in April 2020. UFP Industries, Inc. was incorporated in 1955 and is headquartered in Grand Rapids, Michigan.

UFP Industries Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
98th Percentile Overall Score

UFPI MarketRank™: 

UFP Industries scored higher than 98% of companies evaluated by MarketBeat, and ranked 6th out of 100 stocks in the construction sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    UFP Industries has received a consensus rating of Moderate Buy. The company's average rating score is 2.75, and is based on 3 buy ratings, 1 hold rating, and no sell ratings.

  • Amount of Analyst Coverage

    UFP Industries has only been the subject of 1 research reports in the past 90 days.

  • Read more about UFP Industries' stock forecast and price target.
  • Earnings Growth

    Earnings for UFP Industries are expected to grow by 7.85% in the coming year, from $6.88 to $7.42 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of UFP Industries is 15.56, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 112.48.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of UFP Industries is 15.56, which means that it is trading at a less expensive P/E ratio than the Construction sector average P/E ratio of about 27.79.

  • Price to Book Value per Share Ratio

    UFP Industries has a P/B Ratio of 2.30. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    1.26% of the float of UFP Industries has been sold short.
  • Short Interest Ratio / Days to Cover

    UFP Industries has a short interest ratio ("days to cover") of 2.9, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in UFP Industries has recently decreased by 8.73%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    UFP Industries pays a meaningful dividend of 1.08%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    UFP Industries does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of UFP Industries is 18.16%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, UFP Industries will have a dividend payout ratio of 17.79% next year. This indicates that UFP Industries will be able to sustain or increase its dividend.

  • Read more about UFP Industries' dividend.
  • Percentage of Shares Shorted

    1.26% of the float of UFP Industries has been sold short.
  • Short Interest Ratio / Days to Cover

    UFP Industries has a short interest ratio ("days to cover") of 2.9, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in UFP Industries has recently decreased by 8.73%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    UFP Industries has a news sentiment score of 1.13. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.79 average news sentiment score of Construction companies.
  • News Coverage This Week

    MarketBeat has tracked 3 news articles for UFP Industries this week, compared to 6 articles on an average week.
  • Search Interest

    4 people have searched for UFPI on MarketBeat in the last 30 days. This is an increase of 300% compared to the previous 30 days.
  • MarketBeat Follows

    Only 4 people have added UFP Industries to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, UFP Industries insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $2,687,013.00 in company stock.

  • Percentage Held by Insiders

    Only 2.58% of the stock of UFP Industries is held by insiders.

  • Percentage Held by Institutions

    81.81% of the stock of UFP Industries is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about UFP Industries' insider trading history.
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UFPI Stock News Headlines

Why I'm telling friends to avoid gold stocks
Back in November, gold made a tiny move of 1.6%. But according to my backtesting by using a special type of gold trade, I would have seen a 141% gain in just a week. It happened again in March. Gold nudged up 1.2%. This time? A 104% overnight gain. And in June? A 1% gold move turned into a 74% gain in two weeks. Granted, there would have been smaller wins and those that did not work out, but you see, there's a reason I'm telling all my friends to hold off from buying gold or regular gold stocks right now. There's a more lucrative way to play the gold market as we enter a new breakout period. It's all about catching what I call "Acceleration Cycles."
Return Trends At UFP Industries (NASDAQ:UFPI) Aren't Appealing
UFP Industries: A Hard Pass
3 Reasons to Sell UFPI and 1 Stock to Buy Instead
See More Headlines

UFPI Stock Analysis - Frequently Asked Questions

UFP Industries' stock was trading at $125.55 at the start of the year. Since then, UFPI stock has decreased by 9.9% and is now trading at $113.14.
View the best growth stocks for 2024 here
.

UFP Industries, Inc. (NASDAQ:UFPI) posted its quarterly earnings data on Monday, October, 28th. The construction company reported $1.64 earnings per share for the quarter, missing analysts' consensus estimates of $1.89 by $0.25. UFP Industries's quarterly revenue was down 9.8% compared to the same quarter last year.

UFP Industries shares split before market open on Wednesday, November 15th 2017. The 3-1 split was announced on Wednesday, October 18th 2017. The newly created shares were issued to shareholders after the market closes on Tuesday, November 14th 2017. An investor that had 100 shares of stock prior to the split would have 300 shares after the split.

Top institutional shareholders of UFP Industries include State Street Corp (3.62%), FMR LLC (2.69%), Geode Capital Management LLC (2.52%) and Franklin Resources Inc. (2.02%). Insiders that own company stock include Matthew J Missad, Patrick M Webster, Michael R Cole, Allen T Peters, Patrick M Benton, William G Currie, David A Tutas, Kuras Mary Tuuk and Bruce A Merino.
View institutional ownership trends
.

Shares of UFPI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that UFP Industries investors own include NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), Tesla (TSLA), Broadcom (AVGO), Adobe (ADBE) and Netflix (NFLX).

Company Calendar

Last Earnings
10/28/2024
Ex-Dividend for 12/16 Dividend
12/02/2024
Dividend Payable
12/16/2024
Today
12/23/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Sawmills & planing mills, general
Sub-Industry
Building Products
Current Symbol
NASDAQ:UFPI
CUSIP
91354310
Employees
15,800
Year Founded
1955

Price Target and Rating

Average Stock Price Target
$148.00
High Stock Price Target
$157.00
Low Stock Price Target
$125.00
Potential Upside/Downside
+31.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.75
Research Coverage
4 Analysts

Profitability

Net Income
$514.31 million
Pretax Margin
8.71%

Debt

Sales & Book Value

Annual Sales
$6.71 billion
Cash Flow
$9.31 per share
Book Value
$49.12 per share

Miscellaneous

Free Float
59,158,000
Market Cap
$6.84 billion
Optionable
Optionable
Beta
1.41

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This page (NASDAQ:UFPI) was last updated on 12/23/2024 by MarketBeat.com Staff
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