United Natural Foods (NYSE:UNFI) Stock Price Down 8.6% – Should You Sell?

United Natural Foods, Inc. (NYSE:UNFIGet Free Report)’s stock price traded down 8.6% during trading on Wednesday . The stock traded as low as $32.65 and last traded at $32.8750. 303,840 shares traded hands during mid-day trading, a decline of 67% from the average session volume of 926,244 shares. The stock had previously closed at $35.95.

Analyst Ratings Changes

Several analysts have recently commented on the company. Weiss Ratings restated a “sell (d-)” rating on shares of United Natural Foods in a report on Tuesday, October 14th. BMO Capital Markets raised their price objective on shares of United Natural Foods from $36.00 to $48.00 and gave the company an “outperform” rating in a research report on Wednesday, October 1st. Jefferies Financial Group upped their target price on shares of United Natural Foods from $27.00 to $40.00 and gave the stock a “hold” rating in a research report on Wednesday, October 1st. UBS Group raised their price target on shares of United Natural Foods from $29.00 to $42.00 and gave the company a “buy” rating in a report on Wednesday, October 1st. Finally, Roth Capital boosted their price objective on shares of United Natural Foods from $25.00 to $35.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 1st. Three analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, United Natural Foods has an average rating of “Hold” and an average price target of $36.10.

Get Our Latest Analysis on UNFI

United Natural Foods Stock Performance

The company has a current ratio of 1.38, a quick ratio of 0.51 and a debt-to-equity ratio of 1.25. The stock has a 50 day moving average price of $38.33 and a two-hundred day moving average price of $30.71. The company has a market cap of $2.07 billion, a price-to-earnings ratio of -20.47 and a beta of 0.82.

United Natural Foods (NYSE:UNFIGet Free Report) last issued its earnings results on Tuesday, December 2nd. The company reported $0.56 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.39 by $0.17. The firm had revenue of $7.84 billion for the quarter, compared to analysts’ expectations of $7.91 billion. United Natural Foods had a positive return on equity of 4.35% and a negative net margin of 0.32%.The company’s revenue was down .4% compared to the same quarter last year. During the same quarter last year, the business earned $0.16 earnings per share. United Natural Foods has set its FY 2026 guidance at 1.500-2.300 EPS. Analysts predict that United Natural Foods, Inc. will post 0.76 EPS for the current year.

Insider Transactions at United Natural Foods

In related news, insider Danielle Benedict sold 11,655 shares of the company’s stock in a transaction on Tuesday, September 30th. The shares were sold at an average price of $35.31, for a total value of $411,538.05. Following the completion of the sale, the insider owned 89,544 shares in the company, valued at $3,161,798.64. This represents a 11.52% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 2.40% of the company’s stock.

Institutional Investors Weigh In On United Natural Foods

Several large investors have recently modified their holdings of UNFI. Quarry LP purchased a new stake in shares of United Natural Foods during the third quarter worth about $29,000. Larson Financial Group LLC increased its holdings in United Natural Foods by 4,266.7% during the 3rd quarter. Larson Financial Group LLC now owns 786 shares of the company’s stock valued at $30,000 after purchasing an additional 768 shares during the period. Caitong International Asset Management Co. Ltd raised its position in United Natural Foods by 1,672.7% during the 1st quarter. Caitong International Asset Management Co. Ltd now owns 975 shares of the company’s stock valued at $27,000 after purchasing an additional 920 shares during the last quarter. Farther Finance Advisors LLC raised its position in United Natural Foods by 88.3% during the 2nd quarter. Farther Finance Advisors LLC now owns 1,077 shares of the company’s stock valued at $25,000 after purchasing an additional 505 shares during the last quarter. Finally, EverSource Wealth Advisors LLC lifted its holdings in United Natural Foods by 84.2% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,332 shares of the company’s stock worth $31,000 after buying an additional 609 shares during the period. 87.63% of the stock is currently owned by institutional investors.

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.

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