United Natural Foods (NYSE:UNFI - Get Free Report) issued an update on its FY25 earnings guidance on Tuesday morning. The company provided earnings per share guidance of $0.70-$0.90 for the period, compared to the consensus earnings per share estimate of $0.74. The company issued revenue guidance of $31.3-$31.7 billion, compared to the consensus revenue estimate of $31.10 billion. United Natural Foods also updated its FY 2025 guidance to 0.700-0.900 EPS.
Wall Street Analysts Forecast Growth
Several research analysts have commented on UNFI shares. Wells Fargo & Company lifted their price target on shares of United Natural Foods from $23.00 to $25.00 and gave the stock an "underweight" rating in a research note on Friday, January 10th. Guggenheim reissued a "neutral" rating on shares of United Natural Foods in a research note on Thursday, December 12th. The Goldman Sachs Group raised their price objective on United Natural Foods from $25.00 to $28.00 and gave the company a "neutral" rating in a research note on Thursday, February 13th. BMO Capital Markets boosted their target price on United Natural Foods from $23.00 to $32.00 and gave the company a "market perform" rating in a research note on Wednesday, December 11th. Finally, Roth Mkm raised their price target on United Natural Foods from $20.00 to $26.00 and gave the stock a "neutral" rating in a research report on Thursday, December 12th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and one has given a buy rating to the company. According to MarketBeat, the stock currently has an average rating of "Hold" and a consensus price target of $26.40.
Read Our Latest Research Report on UNFI
United Natural Foods Stock Down 4.4 %
NYSE:UNFI opened at $25.73 on Tuesday. The company has a debt-to-equity ratio of 1.39, a current ratio of 1.48 and a quick ratio of 0.53. The firm's 50-day moving average price is $29.69 and its 200-day moving average price is $23.95. The company has a market capitalization of $1.54 billion, a PE ratio of -16.39 and a beta of 0.56. United Natural Foods has a 1-year low of $8.58 and a 1-year high of $34.76.
United Natural Foods (NYSE:UNFI - Get Free Report) last announced its quarterly earnings data on Tuesday, March 11th. The company reported $0.22 earnings per share for the quarter, topping analysts' consensus estimates of $0.18 by $0.04. United Natural Foods had a negative net margin of 0.30% and a positive return on equity of 1.27%. The business had revenue of $8.16 billion for the quarter, compared to analysts' expectations of $7.96 billion. During the same quarter in the prior year, the company earned $0.07 earnings per share. The business's revenue was up 4.9% compared to the same quarter last year. On average, equities analysts predict that United Natural Foods will post 0.76 EPS for the current fiscal year.
Hedge Funds Weigh In On United Natural Foods
An institutional investor recently bought a new position in United Natural Foods stock. Brighton Jones LLC bought a new position in United Natural Foods, Inc. (NYSE:UNFI - Free Report) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 24,022 shares of the company's stock, valued at approximately $656,000. Hedge funds and other institutional investors own 87.63% of the company's stock.
About United Natural Foods
(
Get Free Report)
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.
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