UFP Industries (UFPI) Competitors

$115.79
+2.15 (+1.89%)
(As of 04/29/2024 ET)

UFPI vs. ALTR, SUM, MTZ, FLR, AZEK, SSD, AAON, CHX, AYI, and TMHC

Should you be buying UFP Industries stock or one of its competitors? The main competitors of UFP Industries include Altair Engineering (ALTR), Summit Materials (SUM), MasTec (MTZ), Fluor (FLR), AZEK (AZEK), Simpson Manufacturing (SSD), AAON (AAON), ChampionX (CHX), Acuity Brands (AYI), and Taylor Morrison Home (TMHC). These companies are all part of the "construction" sector.

UFP Industries vs.

Altair Engineering (NASDAQ:ALTR) and UFP Industries (NASDAQ:UFPI) are both mid-cap construction companies, but which is the better business? We will compare the two businesses based on the strength of their dividends, media sentiment, profitability, community ranking, valuation, analyst recommendations, institutional ownership, earnings and risk.

Altair Engineering received 269 more outperform votes than UFP Industries when rated by MarketBeat users. However, 61.84% of users gave UFP Industries an outperform vote while only 58.57% of users gave Altair Engineering an outperform vote.

CompanyUnderperformOutperform
Altair EngineeringOutperform Votes
564
58.57%
Underperform Votes
399
41.43%
UFP IndustriesOutperform Votes
295
61.84%
Underperform Votes
182
38.16%

Altair Engineering presently has a consensus target price of $90.00, suggesting a potential upside of 9.14%. UFP Industries has a consensus target price of $114.00, suggesting a potential downside of 1.55%. Given UFP Industries' higher possible upside, analysts plainly believe Altair Engineering is more favorable than UFP Industries.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Altair Engineering
0 Sell rating(s)
3 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.50
UFP Industries
0 Sell rating(s)
2 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.50

UFP Industries has higher revenue and earnings than Altair Engineering. Altair Engineering is trading at a lower price-to-earnings ratio than UFP Industries, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Altair Engineering$612.70M11.10-$8.93M-$0.13-634.31
UFP Industries$7.22B0.99$514.31M$8.0614.37

Altair Engineering has a beta of 1.42, suggesting that its share price is 42% more volatile than the S&P 500. Comparatively, UFP Industries has a beta of 1.49, suggesting that its share price is 49% more volatile than the S&P 500.

In the previous week, Altair Engineering had 7 more articles in the media than UFP Industries. MarketBeat recorded 8 mentions for Altair Engineering and 1 mentions for UFP Industries. UFP Industries' average media sentiment score of 0.67 beat Altair Engineering's score of -0.33 indicating that Altair Engineering is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Altair Engineering
3 Very Positive mention(s)
0 Positive mention(s)
4 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
UFP Industries
0 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

UFP Industries has a net margin of 7.12% compared to UFP Industries' net margin of -1.46%. Altair Engineering's return on equity of 17.86% beat UFP Industries' return on equity.

Company Net Margins Return on Equity Return on Assets
Altair Engineering-1.46% 3.77% 1.90%
UFP Industries 7.12%17.86%13.22%

63.4% of Altair Engineering shares are owned by institutional investors. Comparatively, 81.8% of UFP Industries shares are owned by institutional investors. 21.8% of Altair Engineering shares are owned by insiders. Comparatively, 2.6% of UFP Industries shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.

Altair Engineering pays an annual dividend of $0.72 per share and has a dividend yield of 0.9%. UFP Industries pays an annual dividend of $1.32 per share and has a dividend yield of 1.1%. Altair Engineering pays out -553.8% of its earnings in the form of a dividend. UFP Industries pays out 16.4% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. UFP Industries has raised its dividend for 4 consecutive years. UFP Industries is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

Summary

UFP Industries beats Altair Engineering on 12 of the 20 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding UFPI and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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UFPI vs. The Competition

MetricUFP IndustriesSawmills & planing mills, general IndustryConstruction SectorNASDAQ Exchange
Market Cap$6.99B$6.62B$8.39B$7.59B
Dividend Yield1.16%0.96%2.00%3.95%
P/E Ratio14.377.1817.0415.49
Price / Sales0.990.973.1588.73
Price / Cash10.8510.3214.9627.95
Price / Book2.361.605.004.28
Net Income$514.31M$173.66M$503.39M$213.46M
7 Day Performance1.55%-0.39%1.08%0.69%
1 Month Performance-5.87%-8.52%-3.69%-5.13%
1 Year Performance47.47%26.77%30.01%7.25%

UFP Industries Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
ALTR
Altair Engineering
3.8221 of 5 stars
$83.78
+1.9%
$90.00
+7.4%
+19.4%$6.91B$612.70M-644.463,200Upcoming Earnings
Analyst Report
SUM
Summit Materials
3.7089 of 5 stars
$39.57
+2.0%
$46.09
+16.5%
+46.4%$6.89B$2.62B16.625,300Upcoming Earnings
Analyst Revision
News Coverage
MTZ
MasTec
3.2061 of 5 stars
$86.55
+3.3%
$96.85
+11.9%
+0.7%$6.88B$12.00B-131.1434,000Upcoming Earnings
FLR
Fluor
2.8 of 5 stars
$40.40
+2.4%
$43.17
+6.8%
+40.6%$6.87B$15.47B72.1430,187Upcoming Earnings
Short Interest ↓
AZEK
AZEK
3.1031 of 5 stars
$46.37
+3.0%
$44.11
-4.9%
+71.0%$6.85B$1.37B58.702,236Positive News
SSD
Simpson Manufacturing
2.9802 of 5 stars
$169.28
-8.6%
$195.00
+15.2%
+39.7%$7.19B$2.21B20.495,497Gap Down
High Trading Volume
AAON
AAON
2.4233 of 5 stars
$88.56
+2.1%
$51.11
-42.3%
+115.5%$7.27B$1.17B41.513,856Upcoming Earnings
Analyst Report
Short Interest ↑
News Coverage
Gap Up
CHX
ChampionX
4.2452 of 5 stars
$35.10
-0.4%
$40.33
+14.9%
+27.6%$6.71B$3.76B22.367,100Earnings Report
Positive News
AYI
Acuity Brands
4.004 of 5 stars
$255.19
+2.2%
$289.25
+13.3%
+61.4%$7.86B$3.95B21.3412,200Short Interest ↑
Positive News
TMHC
Taylor Morrison Home
1.6808 of 5 stars
$57.10
+3.7%
$57.20
+0.2%
+33.9%$6.08B$7.42B8.182,800Positive News

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This page (NASDAQ:UFPI) was last updated on 4/30/2024 by MarketBeat.com Staff

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