A month has passed by for the reason that final earnings report for UFP Industries (UFPI). Shares have misplaced about 6% in that time-frame, outperforming the S&P 500.
Will the current unfavourable development proceed main as much as its subsequent earnings launch, or is UFP Industries due for a breakout? Earlier than we dive into how buyers and analysts have reacted as of late, let’s take a fast have a look at the newest earnings report as a way to get a greater deal with on the essential catalysts.
How Have Estimates Been Transferring Since Then?
It seems, estimates revision have trended downward through the previous month.
The consensus estimate has shifted -6.67% because of these adjustments.
VGM Scores
At the moment, UFP Industries has a median Progress Rating of C, although it’s lagging loads on the Momentum Rating entrance with an F. Nonetheless, the inventory was allotted a grade of B on the worth facet, placing it within the high 40% for this funding technique.
General, the inventory has an mixture VGM Rating of B. If you happen to aren’t targeted on one technique, this rating is the one you have to be all for.
Outlook
Estimates have been broadly trending downward for the inventory, and the magnitude of those revisions signifies a downward shift. Notably, UFP Industries has a Zacks Rank #3 (Maintain). We count on an in-line return from the inventory within the subsequent few months.
Efficiency of an Trade Participant
UFP Industries belongs to the Zacks Constructing Merchandise – Wooden business. One other inventory from the identical business, Rayonier (RYN), has gained 7.9% over the previous month. Greater than a month has handed for the reason that firm reported outcomes for the quarter ended December 2024.
Rayonier reported revenues of $726.3 million within the final reported quarter, representing a year-over-year change of +222.5%. EPS of $0.27 for a similar interval compares with $0.17 a yr in the past.
For the present quarter, Rayonier is predicted to put up earnings of $0.05 per share, indicating no change from the year-ago quarter. The Zacks Consensus Estimate has modified -30% during the last 30 days.
The general course and magnitude of estimate revisions translate right into a Zacks Rank #3 (Maintain) for Rayonier. Additionally, the inventory has a VGM Rating of F.
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UFP Industries, Inc. (UFPI) : Free Stock Analysis Report
Rayonier Inc. (RYN) : Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).
The views and opinions expressed herein are the views and opinions of the creator and don’t essentially mirror these of Nasdaq, Inc.
