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Investing.com - DA Davidson maintained its Neutral rating and $110.00 price target on Universal Forest Products (NASDAQ:UFPI), currently trading at $103.17, following the company’s second-quarter 2025 results. According to InvestingPro analysis, the stock appears slightly undervalued based on its Fair Value estimates.
The company’s Q2 performance fell short of DA Davidson’s forecasts, with the primary weakness coming from lower-than-expected Retail volume and gross margin. According to the firm, these results partially reflect immediate headwinds from certain shelf-space losses, while benefits from shelf-space gains have been slower to materialize.
Despite the disappointing quarterly results, DA Davidson characterized the weakness in the Retail segment as "more of a timing issue than anything," suggesting the firm views these challenges as temporary rather than structural.
The report highlighted Universal Forest Products’ share repurchase activity as a positive development. The company bought back $191 million worth of shares during the quarter, which DA Davidson noted represents a record amount for UFPI.
The firm also pointed out that Universal Forest Products maintains a "significant net cash balance" even after the record share repurchases, indicating the company’s continued financial flexibility.
In other recent news, UFP Industries announced its second-quarter earnings for 2025, which did not meet analysts’ expectations. The company reported earnings per share (EPS) of $1.70, falling short of the anticipated $1.86. Revenue also came in slightly below projections, with the company posting $1.84 billion compared to the expected $1.85 billion. This earnings miss has been a significant development for investors monitoring the company’s financial performance. The market’s reaction was noted, although specific stock price movements are not detailed here. These recent developments highlight the challenges UFP Industries faces in aligning with market forecasts. Investors and analysts will likely keep a close watch on the company’s future financial reports.
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