QUOTE AND NEWS
Forbes  6 hrs ago  Comment 
As the saying goes, there are many possible reasons for an insider to sell a stock, but only one reason to buy -- they expect to make money.  So let's look at one noteworthy recent insider buy.
SeekingAlpha  Oct 16  Comment 
By SA Transcripts: Universal Forest Products, Inc. (NASDAQ:UFPI) Q3 2014 Earnings Conference Call October 16, 2014 08:30 am ET Executives Lynn Afendoulis – Director of Corporate Communications Matthew Missad – Chief...
Market Intelligence Center  Sep 18  Comment 
A covered call identified by MarketIntelligececenter.com's patented algorithm on Universal Forest (UFPI) could yield about 2.30% (6.93% annualized, for comparison purposes only) in 121 days. Pair a long position in the stock with the Jan. '15...
Market Intelligence Center  Aug 21  Comment 
After Wednesday’s trading in Universal Forest (UFPI) the algorithms behind MarketIntelligenceCenter.com's Artifical Intelligence Center picked out a trade that offers a 5.04% or 12.35% (for comparison purposes only), while providing 10.26%...
Market Intelligence Center  Aug 18  Comment 
The patented option trade-picking algorithms behind MarketIntelligenceCenter.com's Artificial Intelligence Center have selected a covered call trade on Universal Forest (UFPI) that includes 6.44% downside protection. Sell one contract of the Jan....
DailyFinance  Aug 13  Comment 
Universal Forest Products (Nasdaq: UFPI) is proud to award Amy Spoonhower of Gordonsville, Va., the Grand Prize in the 2014 ProWood Desperate Deck Contest. Amy and her fiancé took a leap of faith when they made an ambitious...
SeekingAlpha  Jul 29  Comment 
ByMarshall Hargrave: Universal Forest Products (NASDAQ:UFPI) posted earnings that missed consensus on both earnings and revenues. Its earnings for 2Q came in at $$1.08 (missing consensus of $1.34) and revenues were $772 million (missing consensus...
Market Intelligence Center  Jul 29  Comment 
Option-trade picking algorithms patented by MarketIntelligenceCenter.com found a trading opportunity with Universal Forest (UFPI) that should provide a 2.38% return in just 172 days. Sell one Jan. '15 call at the $40.00 level for each 100 shares...
Market Intelligence Center  Jul 22  Comment 
MarketIntelligenceCenter.com's patented trade-picking algorithms have identified an attractive covered-call trade on Universal Forest (UFPI). Look at the Jan. '15 $40.00 covered call for a net debit in the $38.19 area. This trade has a duration...
SeekingAlpha  Jul 17  Comment 
Universal Forest Products, Inc. (NASDAQ:UFPI) Q2 2014 Earnings Conference Call July 17, 2014 08:30 am ET Executives Lynn Afendoulis - Director, Corporate Communications Matt Missad - Chief Executive Officer, Director Mike Cole -...




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Headquartered in Grand Rapids, Michigan, Universal Forest Products, Inc. (UFPI) engineers, manufacturers, treats, distributes, and installs lumber, composite wood, plastic and other building products to the do-it-yourself (DIY), site-built construction (homebuilders), manufactured housing, and industrial markets. The company has approximately 8,000 employees across approximately 100 locations in North America. In the DIY market, the company sells dimensional lumber, composite wood, and plastic products to national home center retailers, such as Home Depot and Lowes, retail-oriented lumberyards, and contractor-oriented lumberyards. The proximity of its regional facilities to customers reduces lead times, increases turnarounds, and generates a competitive advantage relative to peers. By the end of the third quarter of 2007, sales to the DIY segment/market totaled 41% of net sales (39% of Q307 sales), up from 37% in the same period a year ago (35% of Q306 sales).

Universal Forest Products manufactures building products for the site-built construction market as well. The company sells engineered wood components, such as roof and floor trusses, wall panels, and I-joists and lumber packages to small and large residential homebuilders as well as multi-family and commercial builders. Management plans to expand manufacturing capacity, increase framing capabilities, and develop a national presence. By the end of the third quarter of 2007, sales to this segment/market totaled 22% of net sales (23% of Q307 sales), down from 29% in the same period a year ago (30% of Q306 sales). Site built revenue made up a lower percentage of total revenue on account of the plunge in U.S housing starts. We expect other business units, such as Industrial, to pick-up the slack.

The Industrial segment sells products to industrial manufacturers that use pallets, crates, and wooden boxes for shipping, packaging, and material handling purposes. By the end of the third quarter of 2007, sales to this segment/market totaled 22% of net sales (22% of Q307 sales), up from 20% in the same period a year ago (21% of Q306 sales). The Manufactured Housing market segment comprises the mobile, modular, and prefrabricated builders. The company sells roof trusses, plywood, particle board, and dimensional lumber to its customers. By the end of the third quarter of 2007, sales to this segment/market totaled 15% of net sales (16% of Q307 sales), up from 14% in the same period a year ago (14% of Q306 sales).




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