Q1 Earnings Forecast for UniFirst Issued By William Blair

UniFirst Co. (NYSE:UNF - Free Report) - Research analysts at William Blair reduced their Q1 2025 earnings estimates for UniFirst in a report issued on Wednesday, October 23rd. William Blair analyst T. Mulrooney now expects that the textile maker will post earnings of $2.23 per share for the quarter, down from their previous forecast of $2.39. The consensus estimate for UniFirst's current full-year earnings is $7.83 per share. William Blair also issued estimates for UniFirst's Q2 2025 earnings at $1.31 EPS, Q3 2025 earnings at $2.08 EPS, Q4 2025 earnings at $1.94 EPS, FY2025 earnings at $7.57 EPS and FY2026 earnings at $8.82 EPS.

A number of other analysts have also weighed in on the stock. StockNews.com raised shares of UniFirst from a "hold" rating to a "buy" rating in a research note on Monday, August 12th. JPMorgan Chase & Co. upped their target price on UniFirst from $170.00 to $175.00 and gave the company an "underweight" rating in a research report on Thursday, June 27th. UBS Group lifted their price target on UniFirst from $186.00 to $190.00 and gave the stock a "neutral" rating in a research report on Thursday, June 27th. Finally, Robert W. Baird increased their price objective on UniFirst from $199.00 to $200.00 and gave the company a "neutral" rating in a report on Thursday. One research analyst has rated the stock with a sell rating, three have issued a hold rating and one has assigned a buy rating to the company's stock. Based on data from MarketBeat, UniFirst presently has an average rating of "Hold" and a consensus price target of $186.25.

UniFirst Trading Down 1.1 %

Shares of UNF stock traded down $2.10 during trading hours on Friday, reaching $187.01. 102,996 shares of the stock were exchanged, compared to its average volume of 86,124. The firm has a market capitalization of $3.49 billion, a price-to-earnings ratio of 27.30 and a beta of 0.81. The company's 50-day moving average price is $188.82 and its 200-day moving average price is $175.27. UniFirst has a 12-month low of $149.58 and a 12-month high of $200.07.

Insider Buying and Selling at UniFirst

In other UniFirst news, Director Michael Iandoli sold 682 shares of UniFirst stock in a transaction dated Wednesday, July 31st. The stock was sold at an average price of $194.30, for a total transaction of $132,512.60. Following the completion of the transaction, the director now owns 4,744 shares in the company, valued at approximately $921,759.20. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. 0.74% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On UniFirst

Institutional investors have recently modified their holdings of the business. Quarry LP boosted its position in UniFirst by 1,627.3% during the second quarter. Quarry LP now owns 190 shares of the textile maker's stock worth $33,000 after purchasing an additional 179 shares in the last quarter. GAMMA Investing LLC grew its stake in UniFirst by 60.5% in the 3rd quarter. GAMMA Investing LLC now owns 183 shares of the textile maker's stock valued at $36,000 after acquiring an additional 69 shares during the period. Covestor Ltd raised its position in UniFirst by 69.7% during the first quarter. Covestor Ltd now owns 414 shares of the textile maker's stock worth $72,000 after acquiring an additional 170 shares during the period. Innealta Capital LLC acquired a new position in UniFirst during the second quarter worth $92,000. Finally, Eastern Bank purchased a new position in UniFirst during the third quarter valued at $109,000. 78.17% of the stock is currently owned by institutional investors and hedge funds.

UniFirst Company Profile

UniFirst Corporation provides workplace uniforms and protective work wear clothing in the United States, Europe, and Canada. The company operates through U.S. and Canadian Rental and Cleaning, Manufacturing, Specialty Garments Rental and Cleaning, and First Aid segments. It designs, manufactures, personalizes, rents, cleans, delivers, and sells a range of uniforms and protective clothing, including shirts, pants, jackets, coveralls, lab coats, smocks, and aprons; and specialized protective wear, such as flame resistant and high visibility garments.