United Natural Foods (UNFI) Expected to Announce Earnings on Tuesday

United Natural Foods (NYSE:UNFI - Get Free Report) is expected to be issuing its quarterly earnings data before the market opens on Tuesday, March 11th. Analysts expect the company to announce earnings of $0.18 per share and revenue of $7.96 billion for the quarter. United Natural Foods has set its FY 2025 guidance at 0.400-0.800 EPS and its FY25 guidance at $0.40-$0.80 EPS.Persons that wish to register for the company's earnings conference call can do so using this link.

United Natural Foods (NYSE:UNFI - Get Free Report) last released its quarterly earnings data on Tuesday, December 10th. The company reported $0.16 EPS for the quarter, beating 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 company had revenue of $7.90 billion for the quarter, compared to analysts' expectations of $7.61 billion. During the same period last year, the firm posted ($0.04) earnings per share. United Natural Foods's revenue was up 4.6% compared to the same quarter last year. On average, analysts expect United Natural Foods to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

United Natural Foods Stock Performance

NYSE:UNFI traded down $0.36 during trading hours on Friday, reaching $27.03. The company had a trading volume of 407,888 shares, compared to its average volume of 602,488. The company has a current ratio of 1.48, a quick ratio of 0.53 and a debt-to-equity ratio of 1.39. United Natural Foods has a 52 week low of $8.58 and a 52 week high of $34.76. The firm has a market cap of $1.62 billion, a price-to-earnings ratio of -17.20 and a beta of 0.62. The firm's 50 day moving average price is $29.71 and its 200-day moving average price is $23.60.

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Analyst Ratings Changes

A number of equities research analysts have recently issued reports on the stock. BMO Capital Markets boosted their price objective on shares of 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. Guggenheim reiterated a "neutral" rating on shares of United Natural Foods in a research report on Thursday, December 12th. Roth Mkm raised their target price on shares of United Natural Foods from $20.00 to $26.00 and gave the stock a "neutral" rating in a report on Thursday, December 12th. 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 research report on Friday, January 10th. Finally, The Goldman Sachs Group raised their price target 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. One research analyst has rated the stock with a sell rating, six have issued a hold rating and one has issued a buy rating to the company's stock. According to MarketBeat, the stock presently has an average rating of "Hold" and a consensus target price of $26.40.

Institutional Investors Weigh In On United Natural Foods

A hedge fund recently bought a new stake in United Natural Foods stock. Brighton Jones LLC bought a new stake in United Natural Foods, Inc. (NYSE:UNFI - Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm 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.

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.