United Natural Foods, Inc. (NYSE:UNFI) Receives $25.20 Consensus Price Target from Brokerages

Shares of United Natural Foods, Inc. (NYSE:UNFI - Get Free Report) have earned a consensus rating of "Hold" from the seven brokerages that are presently covering the stock, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell rating, five have given a hold rating and one has assigned a buy rating to the company. The average 12-month price target among analysts that have updated their coverage on the stock in the last year is $25.20.

A number of research firms have weighed in on UNFI. Guggenheim restated a "neutral" rating on shares of United Natural Foods in a research note on Thursday, December 12th. Roth Mkm raised their price target on shares of United Natural Foods from $20.00 to $26.00 and gave the company a "neutral" rating in a research report on Thursday, December 12th. BMO Capital Markets upped their price objective on United Natural Foods from $23.00 to $32.00 and gave the company a "market perform" rating in a research report on Wednesday, December 11th. Finally, Wells Fargo & Company lifted their target price on United Natural Foods from $23.00 to $25.00 and gave the stock an "underweight" rating in a report on Friday, January 10th.

Institutional Investors Weigh In On United Natural Foods

A number of large investors have recently added to or reduced their stakes in the stock. Versant Capital Management Inc boosted its stake in shares of United Natural Foods by 66.5% in the 4th quarter. Versant Capital Management Inc now owns 931 shares of the company's stock worth $25,000 after buying an additional 372 shares during the last quarter. GAMMA Investing LLC boosted its position in United Natural Foods by 46.0% in the fourth quarter. GAMMA Investing LLC now owns 2,027 shares of the company's stock worth $55,000 after purchasing an additional 639 shares during the last quarter. Smartleaf Asset Management LLC boosted its position in United Natural Foods by 186.7% in the fourth quarter. Smartleaf Asset Management LLC now owns 2,391 shares of the company's stock worth $65,000 after purchasing an additional 1,557 shares during the last quarter. Blue Trust Inc. grew its stake in shares of United Natural Foods by 200.2% during the 4th quarter. Blue Trust Inc. now owns 3,191 shares of the company's stock valued at $87,000 after purchasing an additional 2,128 shares during the period. Finally, nVerses Capital LLC increased its position in shares of United Natural Foods by 85.7% during the 3rd quarter. nVerses Capital LLC now owns 3,900 shares of the company's stock valued at $66,000 after purchasing an additional 1,800 shares during the last quarter. Institutional investors own 87.63% of the company's stock.

United Natural Foods Stock Up 1.7 %

Shares of UNFI traded up $0.51 during mid-day trading on Tuesday, reaching $30.30. The company had a trading volume of 433,097 shares, compared to its average volume of 556,800. The company has a debt-to-equity ratio of 1.39, a quick ratio of 0.53 and a current ratio of 1.48. The company has a market capitalization of $1.82 billion, a price-to-earnings ratio of -19.30 and a beta of 0.62. The firm has a 50-day moving average price of $27.95 and a 200 day moving average price of $21.52. United Natural Foods has a 52 week low of $8.58 and a 52 week high of $32.20.

United Natural Foods (NYSE:UNFI - Get Free Report) last released its earnings results on Tuesday, December 10th. The company reported $0.16 EPS for the quarter, topping the consensus estimate of ($0.02) by $0.18. United Natural Foods had a positive return on equity of 1.27% and a negative net margin of 0.30%. The business had revenue of $7.90 billion for the quarter, compared to the consensus estimate of $7.61 billion. During the same period in the previous year, the company posted ($0.04) earnings per share. The company's revenue for the quarter was up 4.6% compared to the same quarter last year. On average, sell-side analysts forecast that United Natural Foods will post 0.76 EPS for the current year.

United Natural Foods Company Profile

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.