Universal Forest Products (UFPI) to Release Earnings on Thursday
Universal Forest Products (NASDAQ:UFPI) will post its Q4 quarterly earnings results on Thursday, February 13th. Individual that wish to register for the company’s earnings conference call can do so using this link.
Shares of Universal Forest Products (NASDAQ:UFPI) opened at 49.22 on Wednesday. Universal Forest Products has a 52 week low of $33.23 and a 52 week high of $54.40. The stock has a 50-day moving average of $51.69 and a 200-day moving average of $46.76. The company has a market cap of $979.5 million and a price-to-earnings ratio of 29.33.
On the ratings front, analysts at Zacks downgraded shares of Universal Forest Products from an “outperform” rating to a “neutral” rating in a research note on Thursday, January 2nd. They now have a $55.00 price target on the stock.
Universal Forest Products, Inc is a holding company that provides capital, management and administrative resources to subsidiaries that design, manufacture and market wood and wood-alternative products for retail building home centers and other retailers, structural lumber and other products for the manufactured housing industry, engineered wood components for the residential construction market, and specialty wood packaging and components and packing materials for various industries.
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