UFP Industries Inc (UFPI) stock expected to loss -14.25% in the coming months

UFP Industries Inc [UFPI] stock is trading at $136.45, up 8.24%. An important factor to consider is whether the stock is rising or falling in short-term value. The UFPI shares have gain 11.49% over the last week, with a monthly amount glided 1.07%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

UFP Industries Inc [NASDAQ: UFPI] stock has seen the most recent analyst activity on November 01, 2023, when DA Davidson downgraded its rating to a Neutral and also revised its price target to $106 from $122. Previously, Sidoti upgraded its rating to Buy on July 19, 2021, and kept the price target unchanged to $93. Stifel started tracking the stock assigning a Buy rating and suggested a price target of $55 on March 11, 2020. The Benchmark Company initiated its recommendation with a Buy and recommended $57 as its price target on March 05, 2020. In a note dated February 13, 2020, Wedbush initiated an Neutral rating.

UFP Industries Inc [UFPI] stock has fluctuated between $100.25 and $139.54 over the past year. Currently, Wall Street analysts expect the stock to reach $117 within the next 12 months. UFP Industries Inc [NASDAQ: UFPI] shares were valued at $136.45 at the most recent close of the market. An investor can expect a potential drop of -14.25% based on the average UFPI price forecast.

Analyzing the UFPI fundamentals

UFP Industries Inc [NASDAQ:UFPI] reported sales of 6.71B for the trailing twelve months, which represents a drop of -9.75%. Gross Profit Margin for this corporation currently stands at 0.19% with Operating Profit Margin at 0.08%, Pretax Profit Margin comes in at 0.09%, and Net Profit Margin reading is 0.07%. To continue investigating profitability, this company’s Return on Assets is posted at 0.11, Equity is 0.15 and Total Capital is 0.15. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.09.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 132.28 points at the first support level, and at 128.11 for the second support level. However, for the 1st resistance point, the stock is sitting at 139.01, and for the 2nd resistance point, it is at 141.58.

Ratios To Look Out For

For context, UFP Industries Inc’s Current Ratio is 4.31. On the other hand, the Quick Ratio is 3.25, and the Cash Ratio is 1.97. Considering the valuation of this stock, the price to sales ratio is 1.24, the price to book ratio is 2.68 and price to earnings (TTM) ratio is 18.86.

Transactions by insiders

Recent insider trading involved COLE MICHAEL R, Officer, that happened on Aug 30 ’24 when 1000.0 shares were purchased. Officer, CURRIE WILLIAM G completed a deal on Aug 23 ’24 to buy 9477.0 shares. Meanwhile, Officer CURRIE WILLIAM G bought 1650.0 shares on Aug 23 ’24.

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