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

United Natural Foods, Inc. (NYSE:UNFI) has been assigned an average recommendation of “Hold” from the nine brokerages that are covering the company, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, six have issued a hold recommendation and two have assigned a buy recommendation to the company. The average twelve-month target price among brokerages that have updated their coverage on the stock in the last year is $47.8571.

Several research analysts have weighed in on UNFI shares. UBS Group lifted their target price on United Natural Foods from $44.00 to $47.00 and gave the company a “neutral” rating in a research note on Wednesday, June 10th. Zacks Research downgraded United Natural Foods from a “strong-buy” rating to a “hold” rating in a report on Monday, August 3rd. Wall Street Zen cut shares of United Natural Foods from a “buy” rating to a “hold” rating in a research note on Sunday, July 12th. Weiss Ratings restated a “sell (d-)” rating on shares of United Natural Foods in a research note on Monday, July 6th. Finally, Roth Capital reiterated a “neutral” rating and set a $43.00 price target on shares of United Natural Foods in a research note on Wednesday, June 10th.

United Natural Foods Trading Down 0.4%

Shares of United Natural Foods stock opened at $43.74 on Wednesday. The company has a debt-to-equity ratio of 1.04, a quick ratio of 0.51 and a current ratio of 1.33. The company has a market capitalization of $2.65 billion, a P/E ratio of -66.27 and a beta of 0.80. United Natural Foods has a 1 year low of $27.97 and a 1 year high of $57.02. The company’s fifty day moving average is $47.65 and its two-hundred day moving average is $46.82.

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

Insider Transactions at United Natural Foods

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

Institutional Investors Weigh In On United Natural Foods

Several institutional investors have recently made changes to their positions in the stock. Cullen Frost Bankers Inc. purchased a new stake in United Natural Foods during the fourth quarter worth about $26,000. Global Retirement Partners LLC acquired a new stake in shares of United Natural Foods during the 2nd quarter valued at approximately $26,000. Quarry LP acquired a new stake in shares of United Natural Foods during the 3rd quarter valued at approximately $29,000. Larson Financial Group LLC boosted its stake in shares of United Natural Foods by 4,266.7% during the 3rd quarter. Larson Financial Group LLC now owns 786 shares of the company’s stock worth $30,000 after acquiring an additional 768 shares in the last quarter. Finally, International Assets Investment Management LLC acquired a new stake in shares of United Natural Foods in the 4th quarter worth approximately $31,000. 87.63% of the stock is currently owned by hedge funds and other institutional investors.

United Natural Foods Company Profile

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.