Benzinga  Dec 26  Comment 
Below are the top small-cap general building materials stocks on the NYSE and the NASDAQ in terms of dividend yield. China Ceramics Co., Ltd. (NASDAQ: CCCL) has a dividend yield of 2.90%. China Ceramics' shares closed at $0.80 on Wednesday. ...
Benzinga  Nov 13  Comment 
Universal Forest Products, Inc. (NASDAQ: UFPI) today announced that one of its subsidiaries has closed on the acquisition of certain assets of Bigs Packaging and Lumber, LLC, a Dallas, Texas-based manufacturer of industrial wood and packaging...
SeekingAlpha  Oct 22  Comment 
By InvestAlike: Universal Forest Products (NASDAQ:UFPI) provides capital, management and administrative resources to its subsidiaries that sell wood and wood-alternative products. In the last 5 days, the company's share value has gone up by 13%....
Forbes  Oct 21  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...


Related Articles


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).


Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki