universal forest products
(UFPI:NASDAQ GS)
universal forest products (UFPI) Snapshot
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Open
$39.07
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Previous Close
$39.14
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Day High
$39.57
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Day Low
$39.07
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52 Week High
09/25/12 - $43.36
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52 Week Low
08/16/12 - $30.76
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Market Cap
779.1M
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Average Volume 10 Days
51.7K
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EPS TTM
$1.12
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Shares Outstanding
19.8M
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EX-Date
05/29/13
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P/E TM
35.1x
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Dividend
$0.40
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Dividend Yield
1.02%
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Related News
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No Related Businessweek News Founduniversal forest products (UFPI) Details
Universal Forest Products, Inc., through its subsidiaries, primarily designs, manufactures, and markets wood and wood-alternative products for retail building home centers and other retailers. Its products comprise dimensional lumber, such as preserved and unpreserved lumber, and various value-added products; conventional lumber products; composite wood and plastic products; and engineered wood products that comprise roof and floor trusses, wall panels, engineered floor systems, I-joists, and lumber packages. The company also offers structural lumber and other products, such as roof trusses, cut and shaped lumber, plywood, particle board, and dimensional lumber for the manufactured housing industry; engineered wood components for the residential construction market; and specialty wood packaging, and components and packing materials consisting of pallets, specialty crates, and wooden boxes for various industries. In addition, it provides outdoor living products, including wood composite decking, decorative balusters, post caps, and plastic lattice; lawn and garden products, such as trellises and arches, as well as offers framing services for the residential market and forming products for concrete construction. The company sells its products in the United States and internationally. Universal Forest Products, Inc. was founded in 1955 and is headquartered in Grand Rapids, Michigan.
universal forest products (UFPI) Top Compensated Officers
universal forest products (UFPI) Key Developments
Universal Forest Products Inc. announced that the company's Board of Directors approved a semiannual dividend payment of $0.20 per share at their April 17, 2013 meeting. The dividend is payable on June 15, 2013, to shareholders of record on June 1, 2013.
Universal Forest Products Inc. announced earnings results for the first quarter of 2013. For the quarter, net sales of $554.5 million, up 21.3% over net sales for the same period of 2012. Net earnings were $5.2 million, up 25.7% over the same period of last year. Diluted earnings per share were $0.26, compared to $0.21 for the first quarter of 2012. Cash flow used in operating activities in 2013 is comprised of net earnings of $6 million and $8 million of noncash expenses, offset by a $79 million increase in working capital since last December. Capital expenditures totaled $8.1 million, which includes $2.2 million related to expanding capacity for new products and industrial business. Overall sales increased 21% due to a 19% increase in prices and a 2% increase in units. Unit sales increased as a result of business acquisitions and results vary quite a bit by market.
Universal Forest Products Inc., Annual General Meeting, Apr 17, 2013., at 08:30 US Eastern Standard Time. Location: Technology and Training Building. Agenda: To elect three directors for three year terms expiring in 2016; to ratify the appointment of Ernst & Young LLP as independent registered public accounting firm for fiscal 2013; to consider an advisory vote on executive compensation; to consider a shareholder proposal to amend equal employment opportunity policy; and to approve the transaction of such other business as may properly come before the meeting or any adjournment thereof.
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Industry Analysis
UFPI
Industry Average
| Valuation | UFPI | Industry Range |
| Price/Earnings | 31.1x |
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| Price/Sales | 0.4x |
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| Price/Book | 1.3x |
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| Price/Cash Flow | 31.2x |
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| TEV/Sales | -- | Not Meaningful |
Post a JobJobs
- Parker, PA | Universal Forest ProductsPosted: May 22
- Pearisburg, VA | Universal Forest ProductsPosted: May 21
- Burlington, NC | Universal Forest ProductsPosted: May 21
- San Antonio, TX | Universal Forest ProductsPosted: May 19
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To contact UNIVERSAL FOREST PRODUCTS, please visit www.ufpi.com. Company data is provided by Capital IQ. Please use this form to report any data issues.
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