United Natural Foods, Inc. (NYSE:UNFI) Receives $47.86 Average Price Target from Brokerages

Shares of United Natural Foods, Inc. (NYSE:UNFI) have been given an average recommendation of “Hold” by the nine ratings firms that are presently covering the stock, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, six have assigned a hold recommendation and two have issued a buy recommendation on the company. The average 1-year price target among brokers that have issued ratings on the stock in the last year is $47.8571.

UNFI has been the topic of a number of analyst reports. UBS Group increased their price objective on United Natural Foods from $44.00 to $47.00 and gave the company a “neutral” rating in a report on Wednesday, June 10th. BMO Capital Markets restated an “outperform” rating and issued a $56.00 target price on shares of United Natural Foods in a report on Wednesday, June 10th. Wall Street Zen cut United Natural Foods from a “buy” rating to a “hold” rating in a research report on Sunday, July 12th. The Goldman Sachs Group reiterated a “neutral” rating and set a $47.00 price target on shares of United Natural Foods in a report on Wednesday, June 10th. Finally, Roth Capital reissued a “neutral” rating and issued a $43.00 price target on shares of United Natural Foods in a research report on Wednesday, June 10th.

United Natural Foods Trading Down 0.4%

Shares of NYSE:UNFI opened at $48.38 on Friday. The stock has a market capitalization of $2.93 billion, a PE ratio of -73.30 and a beta of 0.84. United Natural Foods has a 1 year low of $25.97 and a 1 year high of $57.02. The firm has a fifty day moving average price of $48.85 and a 200 day moving average price of $46.01. The company has a current ratio of 1.33, a quick ratio of 0.51 and a debt-to-equity ratio of 1.04.

United Natural Foods (NYSE:UNFI) last posted its earnings results on Tuesday, June 9th. The company reported $0.77 EPS for the quarter, missing the consensus estimate of $0.81 by ($0.04). United Natural Foods had a positive return on equity of 7.42% and a negative net margin of 0.12%.The business had revenue of $7.72 billion for the quarter, compared to analyst estimates of $7.79 billion. During the same period in the previous year, the company earned $0.44 earnings per share. The company’s quarterly revenue was down 4.2% compared to the same quarter last year. United Natural Foods has set its FY 2026 guidance at 2.400-2.600 EPS. Analysts expect that United Natural Foods will post 2.52 EPS for the current fiscal year.

Insider Transactions at United Natural Foods

In related news, insider Mark Bushway sold 10,000 shares of the firm’s stock in a transaction on Tuesday, June 23rd. The shares were sold at an average price of $51.56, for a total value of $515,600.00. Following the transaction, the insider directly owned 51,119 shares in the company, valued at approximately $2,635,695.64. This trade represents a 16.36% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Insiders own 2.40% of the company’s stock.

Institutional Investors Weigh In On United Natural Foods

A number of hedge funds have recently bought and sold shares of UNFI. BlackRock Inc. acquired a new stake in shares of United Natural Foods in the second quarter valued at about $477,650,000. State Street Corp lifted its position in shares of United Natural Foods by 1.0% during the 4th quarter. State Street Corp now owns 2,389,186 shares of the company’s stock worth $80,444,000 after purchasing an additional 23,967 shares during the last quarter. SG Americas Securities LLC boosted its stake in United Natural Foods by 155.1% during the 1st quarter. SG Americas Securities LLC now owns 1,732,060 shares of the company’s stock valued at $78,047,000 after purchasing an additional 1,053,081 shares during the period. Geode Capital Management LLC grew its holdings in United Natural Foods by 2.9% in the 4th quarter. Geode Capital Management LLC now owns 1,468,591 shares of the company’s stock valued at $49,456,000 after buying an additional 41,674 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership grew its holdings in United Natural Foods by 40.4% in the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 1,300,414 shares of the company’s stock valued at $48,922,000 after buying an additional 374,487 shares during the last quarter. 87.63% of the stock is currently owned by institutional investors.

About United Natural Foods

United Natural Foods, Inc (NYSE: UNFI) is a leading distributor of natural, organic and specialty foods in North America. Founded in 1976 and headquartered in Providence, Rhode Island, the company has grown through strategic acquisitions and organic expansion to become one of the largest food distributors serving retail, foodservice and e-commerce customers.

UNFI’s core business centers on the procurement, warehousing and distribution of a broad portfolio of products, including fresh produce, groceries, frozen foods, dairy, bakery items, beverages, supplements and household essentials.