United Natural Foods (NYSE:UNFI) Issues Earnings Results

United Natural Foods (NYSE:UNFI - Get Free Report) posted its quarterly earnings data on Tuesday. The company reported $0.16 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.02) by $0.18, Zacks reports. The company had revenue of $7.90 billion for the quarter, compared to analyst estimates of $7.61 billion. United Natural Foods had a negative net margin of 0.36% and a positive return on equity of 0.54%. The business's quarterly revenue was up 4.6% on a year-over-year basis. During the same quarter last year, the firm posted ($0.04) earnings per share. United Natural Foods updated its FY 2025 guidance to 0.400-0.800 EPS and its FY25 guidance to $0.40-$0.80 EPS.

United Natural Foods Stock Performance

Shares of NYSE:UNFI traded up $4.96 during trading on Tuesday, reaching $29.64. 2,751,039 shares of the company's stock traded hands, compared to its average volume of 690,199. The company has a debt-to-equity ratio of 1.28, a current ratio of 1.44 and a quick ratio of 0.52. The company has a 50 day moving average of $21.78 and a 200-day moving average of $16.71. United Natural Foods has a 12 month low of $8.58 and a 12 month high of $32.20. The stock has a market capitalization of $1.78 billion, a P/E ratio of -16.54 and a beta of 0.64.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on the company. UBS Group lifted their price objective on United Natural Foods from $16.00 to $21.00 and gave the stock a "neutral" rating in a report on Wednesday, October 2nd. Northcoast Research upgraded shares of United Natural Foods from a "neutral" rating to a "buy" rating in a research note on Friday, October 11th. The Goldman Sachs Group upped their price target on shares of United Natural Foods from $15.00 to $22.00 and gave the company a "neutral" rating in a report on Monday, October 7th. Finally, BMO Capital Markets raised their price objective on shares of United Natural Foods from $14.00 to $23.00 and gave the stock a "market perform" rating in a report on Wednesday, October 2nd. One analyst has rated the stock with a sell rating, five have assigned a hold rating and one has issued a buy rating to the company. According to data from MarketBeat, United Natural Foods has a consensus rating of "Hold" and a consensus price target of $18.40.

Insider Buying and Selling at United Natural Foods

In other United Natural Foods news, insider Danielle Benedict sold 15,152 shares of the firm's stock in a transaction on Friday, October 4th. The stock was sold at an average price of $19.78, for a total value of $299,706.56. Following the sale, the insider now directly owns 100,423 shares in the company, valued at approximately $1,986,366.94. This trade represents a 13.11 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. 2.10% of the stock is currently owned by insiders.

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.