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Is UFP Industries (UFPI) Stock Undervalued Right Now?
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The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks.
Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors rely on traditional forms of analysis on key valuation metrics to find stocks that they believe are undervalued, leaving room for profits.
Zacks has developed the innovative Style Scores system to highlight stocks with specific traits. For example, value investors will be interested in stocks with great grades in the "Value" category. When paired with a high Zacks Rank, "A" grades in the Value category are among the strongest value stocks on the market today.
One company to watch right now is UFP Industries (UFPI - Free Report) . UFPI is currently holding a Zacks Rank of #2 (Buy) and a Value grade of A. The stock holds a P/E ratio of 10.63, while its industry has an average P/E of 24.18. UFPI's Forward P/E has been as high as 12.28 and as low as 7, with a median of 9.62, all within the past year.
Investors should also recognize that UFPI has a P/B ratio of 2.08. Investors use the P/B ratio to look at a stock's market value versus its book value, which is defined as total assets minus total liabilities. This company's current P/B looks solid when compared to its industry's average P/B of 3.12. Over the past 12 months, UFPI's P/B has been as high as 2.44 and as low as 1.68, with a median of 1.95.
Value investors also use the P/S ratio. The P/S ratio is is calculated as price divided by sales. This is a popular metric because sales are harder to manipulate on an income statement, so they are often considered a better performance indicator. UFPI has a P/S ratio of 0.62. This compares to its industry's average P/S of 1.13.
Finally, we should also recognize that UFPI has a P/CF ratio of 7.74. This figure highlights a company's operating cash flow and can be used to find firms that are undervalued when considering their impressive cash outlook. UFPI's current P/CF looks attractive when compared to its industry's average P/CF of 17.06. Over the past 52 weeks, UFPI's P/CF has been as high as 7.74 and as low as 5.24, with a median of 6.48.
These are just a handful of the figures considered in UFP Industries's great Value grade. Still, they help show that the stock is likely being undervalued at the moment. Add this to the strength of its earnings outlook, and we can clearly see that UFPI is an impressive value stock right now.
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Is UFP Industries (UFPI) Stock Undervalued Right Now?
The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks.
Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors rely on traditional forms of analysis on key valuation metrics to find stocks that they believe are undervalued, leaving room for profits.
Zacks has developed the innovative Style Scores system to highlight stocks with specific traits. For example, value investors will be interested in stocks with great grades in the "Value" category. When paired with a high Zacks Rank, "A" grades in the Value category are among the strongest value stocks on the market today.
One company to watch right now is UFP Industries (UFPI - Free Report) . UFPI is currently holding a Zacks Rank of #2 (Buy) and a Value grade of A. The stock holds a P/E ratio of 10.63, while its industry has an average P/E of 24.18. UFPI's Forward P/E has been as high as 12.28 and as low as 7, with a median of 9.62, all within the past year.
Investors should also recognize that UFPI has a P/B ratio of 2.08. Investors use the P/B ratio to look at a stock's market value versus its book value, which is defined as total assets minus total liabilities. This company's current P/B looks solid when compared to its industry's average P/B of 3.12. Over the past 12 months, UFPI's P/B has been as high as 2.44 and as low as 1.68, with a median of 1.95.
Value investors also use the P/S ratio. The P/S ratio is is calculated as price divided by sales. This is a popular metric because sales are harder to manipulate on an income statement, so they are often considered a better performance indicator. UFPI has a P/S ratio of 0.62. This compares to its industry's average P/S of 1.13.
Finally, we should also recognize that UFPI has a P/CF ratio of 7.74. This figure highlights a company's operating cash flow and can be used to find firms that are undervalued when considering their impressive cash outlook. UFPI's current P/CF looks attractive when compared to its industry's average P/CF of 17.06. Over the past 52 weeks, UFPI's P/CF has been as high as 7.74 and as low as 5.24, with a median of 6.48.
These are just a handful of the figures considered in UFP Industries's great Value grade. Still, they help show that the stock is likely being undervalued at the moment. Add this to the strength of its earnings outlook, and we can clearly see that UFPI is an impressive value stock right now.