<div id="readability-page-1" class="page"><p><span>UFP Industries (NASDAQ:UFPI - Get Free Report)</span>'s stock had its &#34;hold (c-)&#34; rating reissued by investment analysts at Weiss Ratings in a research note issued to investors on Thursday,Weiss Ratings reports.</p><ul><li>These 3 Wood Stocks are about to go on Discount</li></ul><p>UFPI has been the subject of several other reports. Loop Capital initiated coverage on UFP Industries in a research note on Wednesday, July 23rd. They issued a &#34;hold&#34; rating and a $112.00 price objective for the company. Zacks Research upgraded UFP Industries from a &#34;strong sell&#34; rating to a &#34;hold&#34; rating in a research note on Friday, October 17th. Finally, Stifel Nicolaus  set a $95.00 price objective on UFP Industries and gave the stock a &#34;hold&#34; rating in a research note on Wednesday, October 8th. Two research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat, UFP Industries currently has a consensus rating of &#34;Hold&#34; and a consensus price target of $124.25.</p><div><p><span></span><span>Get <strong>UFP Industries</strong> alerts:</span></p></div><p><b>View Our Latest Stock Report on UFP Industries</b></p><h2>UFP Industries Stock Performance</h2><p>Shares of NASDAQ UFPI traded up $2.40 during midday trading on Thursday, hitting $92.43. 190,851 shares of the stock traded hands, compared to its average volume of 416,420. 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 firm has a market capitalization of $5.41 billion, a P/E ratio of 16.07 and a beta of 1.45. UFP Industries has a one year low of $88.78 and a one year high of $141.33. The firm has a 50-day moving average of $95.91 and a two-hundred day moving average of $99.23. </p><p>UFP Industries (NASDAQ:UFPI - Get Free Report) last posted its quarterly earnings data on Wednesday, October 29th. The construction company reported $1.29 EPS for the quarter, missing the consensus estimate of $1.37 by ($0.08). The company had revenue of $1.56 billion during the quarter, compared to analysts' expectations of $1.61 billion. UFP Industries had a return on equity of 10.95% and a net margin of 5.31%.The company's revenue for the quarter was down 5.4% on a year-over-year basis. During the same quarter last year, the company earned $1.64 earnings per share.  On average, equities analysts forecast that  UFP Industries will post 7.08 EPS for the current fiscal year. </p><h2>Institutional Inflows and Outflows</h2><p>A number of institutional investors have recently made changes to their positions in the business. Geneos Wealth Management Inc. lifted its stake in  UFP Industries by 54.8% in the second quarter. Geneos Wealth Management Inc. now owns 322 shares of the construction company's stock worth $32,000 after purchasing an additional 114 shares during the last quarter.  Migdal Insurance &amp; Financial Holdings Ltd. purchased a new position in shares of  UFP Industries during the first quarter worth approximately $36,000.  Caitong International Asset Management Co. Ltd raised its stake in  UFP Industries by 39.9% in the first quarter. Caitong International Asset Management Co. Ltd now owns 417 shares of the construction company's stock worth $45,000 after buying an additional 119 shares in the last quarter.  EverSource Wealth Advisors LLC raised its stake in  UFP Industries by 90.9% in the second quarter. EverSource Wealth Advisors LLC now owns 544 shares of the construction company's stock worth $54,000 after buying an additional 259 shares in the last quarter.  Finally, Ameritas Advisory Services LLC bought a new position in  UFP Industries in the second quarter worth approximately $59,000. Institutional investors own  81.81% of the company's stock. </p><h2>About UFP Industries</h2> (Get Free Report)<p>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.</p><h2>Read More</h2><ul><li>Five stocks we like better than UFP Industries</li><li>Conference Calls and Individual Investors</li><li>Alphabet Crushes Q3 Earnings, Reports First $100 Billion Quarter</li><li>3 Stocks to Protect Your Portfolio from the Coronavirus Contagion </li><li>Rocket Lab Stock Dips 14%—Buying Opportunity Ahead?</li><li>Golden Cross Stocks: Pattern, Examples and Charts </li><li>CrowdStrike at All-Time High: Still a Buy, or Time to Trim?</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9VUZQSQ?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="600" height="385" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9VUZQSQ"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in UFP Industries Right Now?</h2><p>Before you consider UFP Industries, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and UFP Industries wasn't on the list.</p><p>While UFP Industries currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

UFPI

<p>Weiss Ratings has reiterated a "hold (C-)" rating for UFP Industries (NASDAQ:UFPI) in a recent research report. The stock is currently trading at $92.43, with a consensus rating of "Hold" and a price target of $124.25. UFP Industries reported a quarterly EPS of $1.29, missing estimates, and a revenue of $1.56 billion, down 5.4% year-over-year. Institutional investors hold 81.81% of the company's stock, reflecting significant interest in the construction firm, which operates in various segments including Retail, Packaging, and Construction.</p>

Weiss Ratings Reiterates "Hold (C-)" Rating for UFP Industries (NASDAQ:UFPI)