United Natural Foods (NYSE:UNFI) Issues Quarterly Earnings Results

United Natural Foods (NYSE:UNFIGet Free Report) posted its quarterly earnings results on Tuesday. The company reported $0.22 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.18 by $0.04, Zacks reports. United Natural Foods had a negative net margin of 0.30% and a positive return on equity of 1.27%. The firm had revenue of $8.16 billion for the quarter, compared to analyst estimates of $7.96 billion. During the same period in the prior year, the firm posted $0.07 earnings per share. The company’s quarterly revenue was up 4.9% compared to the same quarter last year. United Natural Foods updated its FY 2025 guidance to 0.700-0.900 EPS and its FY25 guidance to $0.70-$0.90 EPS.

United Natural Foods Stock Down 5.3 %

Shares of NYSE UNFI opened at $24.47 on Wednesday. The company has a 50 day simple moving average of $29.63 and a 200 day simple moving average of $24.03. The firm has a market cap of $1.47 billion, a PE ratio of -15.58 and a beta of 0.56. United Natural Foods has a 1 year low of $8.58 and a 1 year high of $34.76. The company has a debt-to-equity ratio of 1.39, a current ratio of 1.48 and a quick ratio of 0.53.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in United Natural Foods stock. Brighton Jones LLC purchased a new position in shares of United Natural Foods, Inc. (NYSE:UNFIFree Report) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 24,022 shares of the company’s stock, valued at approximately $656,000. 87.63% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities analysts recently commented on the stock. Roth Mkm upped their price target on shares of United Natural Foods from $20.00 to $26.00 and gave the company a “neutral” rating in a research note on Thursday, December 12th. The Goldman Sachs Group upped their price target on shares of United Natural Foods from $25.00 to $28.00 and gave the company a “neutral” rating in a research note on Thursday, February 13th. Wells Fargo & Company upped their price target on shares of United Natural Foods from $23.00 to $25.00 and gave the company an “underweight” rating in a research note on Friday, January 10th. BMO Capital Markets upped their price target on shares of United Natural Foods from $23.00 to $32.00 and gave the company a “market perform” rating in a research note on Wednesday, December 11th. Finally, Guggenheim reiterated a “neutral” rating on shares of United Natural Foods in a research note on Thursday, December 12th. One analyst has rated the stock with a sell rating, six have given a hold rating and one has issued a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $26.40.

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United Natural Foods Company Profile

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United Natural Foods, Inc, together with its subsidiaries, distributes natural, organic, specialty, produce, and conventional grocery and non-food products in the United States and Canada. It operates in two segments, Wholesale and Retail. The company offers grocery and general merchandise, produce, perishables and frozen foods, wellness and personal care items, and bulk and foodservice products.

See Also

Earnings History for United Natural Foods (NYSE:UNFI)

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