UFP Industries FY2027 EPS Estimate Boosted by Zacks Research

UFP Industries, Inc. (NASDAQ:UFPI - Free Report) - Equities researchers at Zacks Research raised their FY2027 earnings per share estimates for shares of UFP Industries in a research note issued on Tuesday, October 21st. Zacks Research analyst Team now forecasts that the construction company will post earnings of $7.16 per share for the year, up from their previous forecast of $7.14. Zacks Research has a "Hold" rating on the stock. The consensus estimate for UFP Industries' current full-year earnings is $7.08 per share.

UFPI has been the subject of a number of other research reports. Weiss Ratings reissued a "hold (c)" rating on shares of UFP Industries in a research report on Wednesday, October 8th. Loop Capital assumed coverage on UFP Industries in a report on Wednesday, July 23rd. They set a "hold" rating and a $112.00 price target for the company. Finally, Stifel Nicolaus set a $95.00 price target on UFP Industries and gave the company a "hold" rating in a research note on Wednesday, October 8th. Two investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and an average target price of $124.25.

UFP Industries Trading Down 1.6%

UFP Industries stock opened at $91.78 on Thursday. UFP Industries has a 12 month low of $88.99 and a 12 month high of $141.33. The company has a quick ratio of 3.16, a current ratio of 4.54 and a debt-to-equity ratio of 0.07. The stock has a market cap of $5.38 billion, a P/E ratio of 15.93 and a beta of 1.45. The company's fifty day simple moving average is $96.89 and its 200-day simple moving average is $99.77.

UFP Industries (NASDAQ:UFPI - Get Free Report) last posted its quarterly earnings results on Monday, July 28th. The construction company reported $1.70 EPS for the quarter, missing the consensus estimate of $1.95 by ($0.25). The company had revenue of $1.84 billion for the quarter, compared to analyst estimates of $1.85 billion. UFP Industries had a return on equity of 10.95% and a net margin of 5.31%.The business's revenue for the quarter was down 3.5% compared to the same quarter last year. During the same quarter in the prior year, the business posted $2.05 earnings per share.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the company. Geneos Wealth Management Inc. lifted its holdings in shares of UFP Industries by 54.8% during the second quarter. Geneos Wealth Management Inc. now owns 322 shares of the construction company's stock worth $32,000 after buying an additional 114 shares during the last quarter. Migdal Insurance & Financial Holdings Ltd. acquired a new position in UFP Industries during the 1st quarter valued at $36,000. Caitong International Asset Management Co. Ltd raised its stake in UFP Industries by 39.9% during the 1st quarter. Caitong International Asset Management Co. Ltd now owns 417 shares of the construction company's stock valued at $45,000 after purchasing an additional 119 shares during the last quarter. EverSource Wealth Advisors LLC grew its position in UFP Industries by 90.9% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 544 shares of the construction company's stock worth $54,000 after purchasing an additional 259 shares during the last quarter. Finally, Ameritas Advisory Services LLC bought a new position in shares of UFP Industries during the 2nd quarter worth about $59,000. Institutional investors own 81.81% of the company's stock.

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.

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