Brokers Offer Predictions for UFP Industries FY2027 Earnings

UFP Industries, Inc. (NASDAQ:UFPI) – Stock analysts at Zacks Research increased their FY2027 earnings per share estimates for UFP Industries in a research report issued on Tuesday, October 21st. Zacks Research analyst Team now anticipates that the construction company will post earnings per share of $7.16 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.

Other analysts have also recently issued research reports about the company. Loop Capital initiated coverage on UFP Industries in a report on Wednesday, July 23rd. They set a “hold” rating and a $112.00 target price on the stock. Weiss Ratings reaffirmed a “hold (c)” rating on shares of UFP Industries in a research note on Wednesday, October 8th. Finally, Stifel Nicolaus set a $95.00 price objective on shares of UFP Industries and gave the stock a “hold” rating in a research report on Wednesday, October 8th. Two equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $124.25.

UFP Industries Stock Down 1.6%

Shares of NASDAQ UFPI opened at $91.78 on Thursday. UFP Industries has a 52-week low of $88.99 and a 52-week high of $141.33. The company has a debt-to-equity ratio of 0.07, a quick ratio of 3.16 and a current ratio of 4.54. The business has a fifty day moving average of $96.89 and a two-hundred day moving average of $99.77. The stock has a market cap of $5.38 billion, a PE ratio of 15.93 and a beta of 1.45.

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

Hedge Funds Weigh In On UFP Industries

Hedge funds and other institutional investors have recently made changes to their positions in the company. GAMMA Investing LLC grew its holdings in shares of UFP Industries by 107.5% during the 1st quarter. GAMMA Investing LLC now owns 1,500 shares of the construction company’s stock valued at $161,000 after purchasing an additional 777 shares during the last quarter. KBC Group NV lifted its stake in shares of UFP Industries by 15.8% in the 1st quarter. KBC Group NV now owns 2,836 shares of the construction company’s stock valued at $304,000 after acquiring an additional 386 shares during the last quarter. Oppenheimer Asset Management Inc. acquired a new stake in shares of UFP Industries during the 1st quarter valued at $1,534,000. Mutual of America Capital Management LLC grew its position in UFP Industries by 4.4% during the 2nd quarter. Mutual of America Capital Management LLC now owns 166,340 shares of the construction company’s stock worth $16,528,000 after acquiring an additional 7,063 shares during the last quarter. Finally, Allianz Asset Management GmbH increased its holdings in UFP Industries by 10.2% in the 2nd quarter. Allianz Asset Management GmbH now owns 249,261 shares of the construction company’s stock worth $24,767,000 after purchasing an additional 23,152 shares in the last quarter. 81.81% of the stock is currently owned by institutional investors and hedge funds.

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.