$1.85 EPS Expected for Universal Forest Products, Inc. (UFPI)

July 18, 2017 - By Richard Conner

 $1.85 EPS Expected for Universal Forest Products, Inc. (UFPI)
Investors sentiment decreased to 0.98 in Q4 2016. Its down 0.28, from 1.26 in 2016Q3. It turned negative, as 28 investors sold Universal Forest Products, Inc. shares while 64 reduced holdings. 25 funds opened positions while 65 raised stakes. 16.05 million shares or 0.26% less from 16.09 million shares in 2016Q3 were reported.
Moreover, Strs Ohio has 0% invested in Universal Forest Products, Inc. (NASDAQ:UFPI). Parametric Associate Limited Co invested in 61,400 shares or 0.01% of the stock. Victory Capital Management Inc reported 22,478 shares stake. Tudor Investment Corporation Et Al accumulated 3,400 shares or 0.01% of the stock. Walleye Trading Lc stated it has 0% in Universal Forest Products, Inc. (NASDAQ:UFPI). Jpmorgan Chase Communications invested in 0.01% or 353,821 shares. First Advisors Limited Partnership has 23,252 shares for 0.01% of their portfolio. Arizona State Retirement, a Arizona-based fund reported 10,423 shares. 102,052 were reported by Blackrock Limited Liability Corporation. Voya Invest Ltd Liability Corporation has invested 0.03% of its portfolio in Universal Forest Products, Inc. (NASDAQ:UFPI). Shell Asset Mngmt Com has 3,668 shares. Us Bancshares De invested in 0% or 285 shares. Wellington Management Grp Incorporated Limited Liability Partnership reported 0% of its portfolio in Universal Forest Products, Inc. (NASDAQ:UFPI). Mutual Of America Capital Management Ltd owns 27,141 shares for 0.05% of their portfolio. Numeric Investors Limited Liability holds 0.02% in Universal Forest Products, Inc. (NASDAQ:UFPI) or 21,700 shares.

Since March 2, 2017, it had 1 buying transaction, and 1 sale for $196,618 activity. $49,620 worth of stock was bought by Wooldridge Michael G. on Thursday, March 2. 2,475 Universal Forest Products, Inc. (NASDAQ:UFPI) shares with value of $246,238 were sold by GREENE CHARLES SCOTT.

Investors wait Universal Forest Products, Inc. (NASDAQ:UFPI) to report on July, 19. its quarterly earnings Wall Street analysts expect $1.85 earnings per share, up $0.21 or 12.80 % from last year’s $1.64 same quarter earnings. This translates into $38.36 million profit for UFPI giving the stock a 12.12 P/E. This is assuming the current $1.85 EPS is accurate. Universal Forest Products, Inc.’s Wall Street analysts see 79.61 % EPS growth, taking into account the $1.03 EPS reproted in the previous quarter, It closed at $89.71 lastly. It is down 12.86% since July 18, 2016 and is uptrending. It has underperformed by 3.84% the S&P500.

Universal Forest Products, Inc. is a holding company. The company has market cap of $1.86 billion. The Company, through its subsidiaries, supplies wood, wood composite and other products to three primary markets, such as retail, construction and industrial. It has a 17.8 P/E ratio. The Company’s divisions include North, South, West, Alternative Materials, International, idX Holdings, Inc. and Corporate divisions. idX is a designer, maker and installer of in-store environments.

More notable recent Universal Forest Products, Inc. (NASDAQ:UFPI) news were published by: Seekingalpha.com which released: “Universal Forest Products: Post-Earnings Analysis” on May 22, 2017, also Zacks.com with their article: “Universal Forest’s Long-Term Prospects Solid, Runs Risks” published on June 21, 2017, Seekingalpha.com published: “Universal Forest Products’ (UFPI) CEO Matt Missad on Q1 2017 Results …” on April 19, 2017. More interesting news about Universal Forest Products, Inc. (NASDAQ:UFPI) were released by: Seekingalpha.com and their article: “Under The Hood, Universal Forest Products’ Q1 Looks Even Worse” published on May 08, 2017 as well as Seekingalpha.com‘s news article titled: “Universal Forest Products Is Still Too Expensive After A Tough Q4” with publication date: February 27, 2017.

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