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Universal Forest Products Inc. (UFPI): Today's Featured Materials & Construction Loser

The materials & construction industry closed the day up 3.2%. Nobility Homes Inc ( NOBH), India Globalization Capital Inc ( IGC), US Concrete Inc ( USCR), and Real Goods Solar Inc ( RSOL) were all decliners today within the materials & construction industry with Universal Forest Products Inc ( UFPI) being today's featured materials & construction loser. Universal Forest Products Inc fell $1.82 (-7.9%) to $24.95 on average volume. Throughout the day, 116,666 shares of Universal Forest Products Inc exchanged hands as compared to its average daily volume of 155,200 shares.

Universal Forest Products, Inc. engineers, manufactures, treats, distributes, and installs lumber, composite wood, plastic, and other building products for the DIY/retail, site-built construction, manufactured housing, and industrial markets. Universal Forest Products Inc has a market cap of $469.6 million and is part of the industrial goods sector. The company has a P/E ratio of 141.5, below the average materials & construction industry P/E ratio of 150.3 and above the S&P 500 P/E ratio of 17.7. Shares are down 40.5% year to date as of the close of trading on Monday.

TheStreet Ratings rates Universal Forest as a hold. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, feeble growth in the company's earnings per share and deteriorating net income.

On the positive front, Apogee ( APOG), Argan Inc ( AGX), Great Lakes Dredge & Dock Corporation ( GLDD), and Skyline Corporation ( SKY) were all gainers within the materials & construction industry with Waste Management Inc ( WM) being today's featured materials & construction industry winner.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the materials & construction industry could consider SPDR S&P Homebuilders ETF ( XHB) while those bearish on the materials & construction industry could consider ProShares Short Basic Materials Fd ( SBM).

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