UniFirst (NYSE:UNF) Releases FY 2025 Earnings Guidance

UniFirst (NYSE:UNF - Get Free Report) updated its FY 2025 earnings guidance on Wednesday. The company provided earnings per share guidance of 6.790-7.190 for the period, compared to the consensus earnings per share estimate of 7.940. The company issued revenue guidance of $2.4 billion-$2.4 billion, compared to the consensus revenue estimate of $2.5 billion.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on the stock. StockNews.com upgraded shares of UniFirst from a "hold" rating to a "buy" rating in a research note on Monday, August 12th. UBS Group lifted their price objective on shares of UniFirst from $186.00 to $190.00 and gave the company a "neutral" rating in a research note on Thursday, June 27th. JPMorgan Chase & Co. lifted their price objective on shares of UniFirst from $170.00 to $175.00 and gave the company an "underweight" rating in a research note on Thursday, June 27th. Finally, Robert W. Baird lifted their price objective on shares of UniFirst from $185.00 to $199.00 and gave the company a "neutral" rating in a research note on Thursday, June 27th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and one has assigned a buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus target price of $186.00.

UniFirst Trading Down 3.1 %

NYSE:UNF traded down $5.93 during mid-day trading on Wednesday, reaching $184.00. 94,667 shares of the stock were exchanged, compared to its average volume of 85,880. The business has a fifty day moving average price of $188.67 and a 200 day moving average price of $175.11. The firm has a market capitalization of $3.43 billion, a PE ratio of 26.20 and a beta of 0.81. UniFirst has a 1-year low of $149.58 and a 1-year high of $200.07.

Insider Buying and Selling

In other UniFirst news, Director Michael Iandoli sold 682 shares of the company's stock in a transaction that occurred on 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 sale, the director now owns 4,744 shares of the company's stock, valued at $921,759.20. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.74% of the stock is currently owned by company insiders.

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.