U F P Industries Earns Composite Rating Upgrade

On Thursday, U F P Industries (UFPI) got an upgrade for its IBD SmartSelect Composite Rating from 94 to 96.


The new score means the company is now outperforming 96% of all stocks in terms of the most important fundamental and technical stock-picking criteria. The best stocks tend to have a 95 or better grade as they begin to launch a significant move so be sure to keep that in mind when looking for the best stocks to buy and watch.

U F P Industries is currently extended beyond a proper buy zone after clearing the 64.30 entry in a consolidation.

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The stock has a 98 EPS Rating, meaning its recent quarterly and longer-term annual earnings growth tops 98% of all stocks.

Its Accumulation/Distribution Rating of B shows moderate buying by institutional investors over the last 13 weeks.

In Q4, the company reported 67% EPS growth. That means it’s now delivered three straight quarters of rising EPS growth. Revenue growth increased 40%, up from 28% in the prior report. The company has now posted increasing growth in each of the last two quarters.

U F P Industries earns the No. 3 rank among its peers in the Building-Wood Products industry group. Boise Cascade (BCC) is the top-ranked stock within the group.


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