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Is UFP Industries (UFPI) a Great Value Stock Right Now?
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While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies.
Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. Value investors use a variety of methods, including tried-and-true valuation metrics, to find these stocks.
Luckily, Zacks has developed its own Style Scores system in an effort to find stocks with specific traits. Value investors will be interested in the system's "Value" category. Stocks with both "A" grades in the Value category and high Zacks Ranks are among the strongest value stocks on the market right now.
UFP Industries (UFPI - Free Report) is a stock many investors are watching right now. UFPI is currently sporting a Zacks Rank of #1 (Strong Buy), as well as a Value grade of A. The stock holds a P/E ratio of 8.06, while its industry has an average P/E of 14.97. Over the past 52 weeks, UFPI's Forward P/E has been as high as 13.44 and as low as 7, with a median of 10.05.
We should also highlight that UFPI has a P/B ratio of 2.08. The P/B ratio pits a stock's market value against 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 3.03. Within the past 52 weeks, UFPI's P/B has been as high as 3.08 and as low as 1.81, with a median of 2.41.
Finally, investors will want to recognize that UFPI has a P/CF ratio of 6.51. 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. This stock's P/CF looks attractive against its industry's average P/CF of 10.76. Within the past 12 months, UFPI's P/CF has been as high as 10.57 and as low as 5.66, with a median of 7.84.
These are only a few of the key metrics included in UFP Industries's strong Value grade, but they help show that the stock is likely undervalued right now. When factoring in the strength of its earnings outlook, UFPI looks like an impressive value stock at the moment.
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Is UFP Industries (UFPI) a Great Value Stock Right Now?
While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies.
Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. Value investors use a variety of methods, including tried-and-true valuation metrics, to find these stocks.
Luckily, Zacks has developed its own Style Scores system in an effort to find stocks with specific traits. Value investors will be interested in the system's "Value" category. Stocks with both "A" grades in the Value category and high Zacks Ranks are among the strongest value stocks on the market right now.
UFP Industries (UFPI - Free Report) is a stock many investors are watching right now. UFPI is currently sporting a Zacks Rank of #1 (Strong Buy), as well as a Value grade of A. The stock holds a P/E ratio of 8.06, while its industry has an average P/E of 14.97. Over the past 52 weeks, UFPI's Forward P/E has been as high as 13.44 and as low as 7, with a median of 10.05.
We should also highlight that UFPI has a P/B ratio of 2.08. The P/B ratio pits a stock's market value against 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 3.03. Within the past 52 weeks, UFPI's P/B has been as high as 3.08 and as low as 1.81, with a median of 2.41.
Finally, investors will want to recognize that UFPI has a P/CF ratio of 6.51. 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. This stock's P/CF looks attractive against its industry's average P/CF of 10.76. Within the past 12 months, UFPI's P/CF has been as high as 10.57 and as low as 5.66, with a median of 7.84.
These are only a few of the key metrics included in UFP Industries's strong Value grade, but they help show that the stock is likely undervalued right now. When factoring in the strength of its earnings outlook, UFPI looks like an impressive value stock at the moment.