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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 11/1/2023 | $122.00 → $106.00 | Buy → Neutral | DA Davidson |
| 7/26/2021 | $76.00 → $82.00 | Market Perform | BMO Capital |
| 7/19/2021 | $93.00 | Neutral → Buy | Sidoti |
10-Q - UFP INDUSTRIES INC (0000912767) (Filer)
8-K - UFP INDUSTRIES INC (0000912767) (Filer)
8-K - UFP INDUSTRIES INC (0000912767) (Filer)
UFP Industries (NASDAQ:UFPI) today announced that management will participate in the 54th annual Global Industrial Conference hosted by Baird at the Ritz-Carlton in Chicago on November 12-14, 2024. To find additional information about UFP Industries, including the most recent investor presentation, please visit ufpinvestor.com. UFP Industries, Inc. UFP Industries, Inc. is a holding company whose operating subsidiaries – UFP Packaging, UFP Construction and UFP Retail Solutions – manufacture, distribute and sell a wide variety of value-added products used in residential and commercial construction, packaging and other industrial applications worldwide. Founded in 1955, the company is headq
UFP Industries, Inc. (NASDAQ:UFPI) today announced third quarter 2024 results including net sales of $1.65 billion, net earnings attributable to controlling interest of $100 million, and earnings per diluted share of $1.64. "Our third quarter results were impacted by softer demand and broad-based pricing pressure which reduced our revenue and profit margins. We are managing through these ongoing challenges by operating more efficiently, aligning our overhead with lower demand levels and eliminating unnecessary costs. I am confident our teammates will respond appropriately to the changing economy while enhancing the pursuit of our strategic priorities. While we expect conditions to remain c
Replaces Will Schwartz, who was recently named CEO of UFP Industries UFP Industries, Inc. (NASDAQ:UFPI) today announced that Landon Tarvin has been selected to replace Will Schwartz as president of UFP Retail Solutions, effective December 29, 2024. UFP Retail Solutions is a business segment of UFP Industries that produces ProWood pressure-treated lumber, Deckorators composite decking and accessories, UFP-Edge siding and trim products, and Outdoor Essentials fence and garden products. Landon currently serves as vice president of Deckorators. "We had many internal candidates who were qualified for this role, making it a difficult decision," said Will Schwartz, who will replace Matt Missad a
UFP Industries, Inc. (NASDAQ:UFPI) today announced third quarter 2024 results including net sales of $1.65 billion, net earnings attributable to controlling interest of $100 million, and earnings per diluted share of $1.64. "Our third quarter results were impacted by softer demand and broad-based pricing pressure which reduced our revenue and profit margins. We are managing through these ongoing challenges by operating more efficiently, aligning our overhead with lower demand levels and eliminating unnecessary costs. I am confident our teammates will respond appropriately to the changing economy while enhancing the pursuit of our strategic priorities. While we expect conditions to remain c
UFP Industries, Inc. (NASDAQ:UFPI) today announced second quarter 2024 results including net sales of $1.9 billion, net earnings attributable to controlling interest of $126 million, and earnings per diluted share of $2.05. "Our second quarter results were in line with expectations in a more challenging business cycle, and I am grateful for the efforts of all of our UFP teammates to adapt to this environment and adjust capacity to meet demand," said Chairman and CEO Matthew J. Missad. "The weaker environment and expected near-term softness in demand have enabled us to more aggressively pursue our long-term expansion plans and improvement strategies. These efforts include investments in au
UFP Industries, Inc. (NASDAQ:UFPI) today announced first quarter 2024 results including net sales of $1.64 billion, net earnings attributable to controlling interests of $121 million, and earnings per diluted share of $1.96. "We would like to credit our hard-working team and our balanced business model for allowing us to achieve first-quarter results that were in line with expectations," said Chairman and CEO Matthew J. Missad. "As demand returns to more normalized levels, we are increasingly focused on improving our operational efficiencies by investing in automation and technology while consolidating operations where opportunities exist. We are also investing in growth through new produ
DA Davidson downgraded UFP Industries from Buy to Neutral and set a new price target of $106.00 from $122.00 previously
BMO Capital reiterated coverage of UFP Industries with a rating of Market Perform and set a new price target of $82.00 from $76.00 previously
Sidoti upgraded UFP Industries from Neutral to Buy and set a new price target of $93.00
4 - UFP INDUSTRIES INC (0000912767) (Issuer)
4 - UFP INDUSTRIES INC (0000912767) (Issuer)
4 - UFP INDUSTRIES INC (0000912767) (Issuer)
UFP Industries's (NYSE:UFPI) short percent of float has fallen 18.18% since its last report. The company recently reported that it has 646 thousand shares sold short, which is 1.44% of all regular shares that are available for trading. Based on its trading volume, it would take traders 2.95 days to cover their short positions on average. Why Short Interest Matters Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises. Short intere
MICHIGAN CITY, Ind., July 17, 2024 (GLOBE NEWSWIRE) -- (NASDAQ GS: HBNC) Horizon Bancorp, Inc. ("Horizon" or the "Company") announced the appointments on June 18, 2024 of Michele A. Samuels and Brian C. Walker to serve as independent directors on the Board of its wholly owned subsidiary, Horizon Bank. Samuels is Senior Vice President, General Auditor & Compliance Officer at Blue Cross Blue Shield of Michigan (BCBSM), headquartered in Detroit. She joined BCBSM in 1990 and has served in her current role since 2009, leading a team of over 100 audit, compliance, and investigative assurance and advisory services at one of the largest Blues affiliates in the United States with more than $30 bil
UFP Global Holdings Ltd., a subsidiary of UFP Industries, Inc. (NASDAQ:UFPI), has acquired 80 percent of the equity in a newly formed company, UFP Palets y Embalajes SL, for approximately $52 million USD. UFP Palets is comprised of the former pallet manufacturing operations of Palets Suller SL, Serrería y Palets Chiva SL and Drevex Castellón SL, collectively known as Palets Suller Group. The company had trailing 12-month sales of approximately $38 million USD through August 2023. Headquartered in Castellón, Spain, Palets Suller is the market leader in machine-built wood pallets, serving the region's ceramic tile industry as well as other industries. Spain is one of the largest ceramic til
GRAND RAPIDS, Mich., Sept. 06, 2022 (GLOBE NEWSWIRE) -- UFP Industries (NASDAQ:UFPI) today announced the appointment of Allen Peters to executive vice president of innovation, effective January 1, 2023. Allen's new duties will include leading UFP's Innovation Accelerator and Innov8 Fund teams. He will also use his unique experience as president of UFP Retail Solutions to drive the ambitious new products and technology push necessary for rapid iterative changes through the organization. "After 24 years of managing operations and sales, I am excited to use my experience to discover new opportunities and execute the strategies of our innovation teams," said Allen. "I am ready to help shape t
SC 13G/A - UFP INDUSTRIES INC (0000912767) (Subject)
SC 13G - UFP INDUSTRIES INC (0000912767) (Subject)
SC 13G/A - UFP INDUSTRIES INC (0000912767) (Subject)