UFP Industries Inc (NASDAQ: UFPI) is -2.41% lower on its value in year-to-date trading and has touched a low of $107.49 and a high of $141.33 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The UFPI stock was last observed hovering at around $109.47 in the last trading session, with the day’s gains setting it 0.46%.
Currently trading at $109.93, the stock is -6.00% and -12.42% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.42 million and changing 0.42% at the moment leaves the stock -9.65% off its SMA200. UFPI registered -8.80% loss for a year compared to 6-month gain of -0.05%. The firm has a 50-day simple moving average (SMA 50) of $125.5236 and a 200-day simple moving average (SMA200) of $121.6696.
The stock witnessed a -17.37% loss in the last 1 month and extending the period to 3 months gives it a -18.57%, and is -2.41% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.39% over the week and 2.41% over the month.
UFP Industries Inc (UFPI) has around 15800 employees, a market worth around $6.68B and $6.71B in sales. Current P/E ratio is 15.19 and Fwd P/E is 15.03. Profit margin for the company is 6.42%. Distance from 52-week low is 2.27% and -22.22% from its 52-week high. The company has generated returns on investments over the last 12 months (12.29%).
The EPS is expected to shrink by -14.71% this year
583.0 institutions hold shares in UFP Industries Inc (UFPI), with institutional investors hold 86.63% of the company’s shares. The shares outstanding are 60.72M, and float is at 59.56M with Short Float at 1.33%. Institutions hold 84.88% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 8.4 million shares valued at $941.1 million. The investor’s holdings represent 14.1995 of the UFPI Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 6.94 million shares valued at $777.36 million to account for 11.729 of the shares outstanding. The other top investors are KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC which holds 3.22 million shares representing 5.4492 and valued at over $361.15 million, while STATE STREET CORP holds 3.7175 of the shares totaling 2.2 million with a market value of $246.39 million.
UFP Industries Inc (UFPI) Insider Activity
The most recent transaction is an insider sale by CURRIE WILLIAM G, the company’s Director. SEC filings show that CURRIE WILLIAM G sold 5,700 shares of the company’s common stock on Dec 13 ’24 at a price of $126.59 per share for a total of $0.72 million. Following the sale, the insider now owns 61140.0 shares.
Still, SEC filings show that on Nov 22 ’24, MISSAD MATTHEW J (Chief Executive Officer) disposed off 15,000 shares at an average price of $131.03 for $1.97 million. The insider now directly holds 314,450 shares of UFP Industries Inc (UFPI).
