A month has gone by since the last earnings report for UFP Industries (UFPI). Shares have lost about 6% in that time frame, outperforming the S&P 500.
Will the recent negative trend continue leading up to its next earnings release, or is UFP Industries due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts.
How Have Estimates Been Moving Since Then?
It turns out, estimates revision have trended downward during the past month.
The consensus estimate has shifted -6.67% due to these changes.
VGM Scores
At this time, UFP Industries has an average Growth Score of C, though it is lagging a lot on the Momentum Score front with an F. However, the stock was allocated a grade of B on the value side, putting it in the top 40% for this investment strategy.
Overall, the stock has an aggregate VGM Score of B. If you aren't focused on one strategy, this score is the one you should be interested in.
Outlook
Estimates have been broadly trending downward for the stock, and the magnitude of these revisions indicates a downward shift. Notably, UFP Industries has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months.
Performance of an Industry Player
UFP Industries belongs to the Zacks Building Products - Wood industry. Another stock from the same industry, Rayonier (RYN), has gained 7.9% over the past month. More than a month has passed since the company reported results for the quarter ended December 2024.
Rayonier reported revenues of $726.3 million in the last reported quarter, representing a year-over-year change of +222.5%. EPS of $0.27 for the same period compares with $0.17 a year ago.
For the current quarter, Rayonier is expected to post earnings of $0.05 per share, indicating no change from the year-ago quarter. The Zacks Consensus Estimate has changed -30% over the last 30 days.
The overall direction and magnitude of estimate revisions translate into a Zacks Rank #3 (Hold) for Rayonier. Also, the stock has a VGM Score 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 author and do not necessarily reflect those of Nasdaq, Inc.
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