Unifi, Inc. (NYSE:UFI) Director Kenneth G. Langone acquired 18,317 shares of the stock in a transaction dated Friday, February 14th. The stock was bought at an average price of $24.24 per share, for a total transaction of $444,004.08.
UFI stock opened at $24.24 on Friday. Unifi, Inc. has a 1-year low of $15.90 and a 1-year high of $27.85. The firm has a market cap of $448.56 million, a P/E ratio of 127.58 and a beta of 0.77. The business’s 50 day moving average is $24.45 and its 200-day moving average is $22.96. The company has a current ratio of 3.95, a quick ratio of 2.01 and a debt-to-equity ratio of 0.30.
Unifi (NYSE:UFI) last released its quarterly earnings data on Wednesday, January 29th. The textile maker reported $0.02 earnings per share for the quarter, missing the consensus estimate of $0.16 by ($0.14). Unifi had a net margin of 0.51% and a return on equity of 1.24%. The company had revenue of $169.51 million during the quarter, compared to the consensus estimate of $176.60 million. Sell-side analysts forecast that Unifi, Inc. will post 0.71 EPS for the current year.
Several equities research analysts have recently weighed in on the company. ValuEngine lowered Unifi from a “buy” rating to a “hold” rating in a research note on Tuesday, January 14th. Zacks Investment Research lowered Unifi from a “hold” rating to a “sell” rating in a research note on Tuesday, February 4th. Finally, CJS Securities lowered Unifi to a “hold” rating in a research note on Wednesday, January 29th.
Unifi Company Profile
Unifi, Inc, together with its subsidiaries, manufactures and sells synthetic and recycled products made from polyester and nylon in the United States, Brazil, China, and internationally. The company operates in three segments: Polyester, Nylon, and International. The Polyester segment manufactures and sells polyester plastic bottle flakes, polymer beads, partially oriented yarns, textured, solution and package dyed, twisted, beamed, and draw wound yarns to other yarn manufacturers, and knitters and weavers that produce yarn and/or fabric for the apparel, hosiery, home furnishings, automotive, industrial, and other end-use markets.
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