United Natural Foods (NYSE:UNFI - Get Free Report) is scheduled to be announcing its earnings results before the market opens on Tuesday, December 10th. Analysts expect the company to announce earnings of $0.01 per share for the quarter. United Natural Foods has set its FY 2025 guidance at 0.200-0.800 EPS and its FY25 guidance at $0.20-$0.80 EPS.Investors that are interested in registering for the company's conference call can do so using this link.
United Natural Foods (NYSE:UNFI - Get Free Report) last issued its earnings results on Tuesday, October 1st. The company reported $0.01 earnings per share for the quarter, beating the consensus estimate of ($0.08) by $0.09. United Natural Foods had a negative net margin of 0.36% and a positive return on equity of 0.54%. The business had revenue of $8.16 billion for the quarter, compared to analyst estimates of $7.94 billion. During the same period in the previous year, the business earned ($0.25) EPS. The firm's revenue was up 10.0% on a year-over-year basis. 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 Down 0.6 %
Shares of United Natural Foods stock traded down $0.16 during trading on Tuesday, hitting $25.09. 655,039 shares of the company's stock traded hands, compared to its average volume of 680,834. 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 firm's fifty day moving average price is $20.99 and its 200 day moving average price is $16.26. United Natural Foods has a twelve month low of $8.58 and a twelve month high of $25.48.
Wall Street Analysts Forecast Growth
Several analysts have recently weighed in on UNFI shares. Northcoast Research upgraded shares of United Natural Foods from a "neutral" rating to a "buy" rating in a research report on Friday, October 11th. BMO Capital Markets boosted their price target on shares of United Natural Foods from $14.00 to $23.00 and gave the company a "market perform" rating in a research report on Wednesday, October 2nd. The Goldman Sachs Group boosted their price target on shares of United Natural Foods from $15.00 to $22.00 and gave the company a "neutral" rating in a research report on Monday, October 7th. Finally, UBS Group boosted their price target on shares of United Natural Foods from $16.00 to $21.00 and gave the company a "neutral" rating in a research report on Wednesday, October 2nd. One research analyst has rated the stock with a sell rating, five have issued a hold rating and one has assigned a buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of "Hold" and an average target price of $18.40.
Check Out Our Latest Analysis on UNFI
Insider Transactions at United Natural Foods
In other news, insider Danielle Benedict sold 15,152 shares of the company's stock in a transaction that occurred on Friday, October 4th. The shares were sold at an average price of $19.78, for a total transaction of $299,706.56. Following the transaction, the insider now directly owns 100,423 shares in the company, valued at approximately $1,986,366.94. This represents a 13.11 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 2.10% of the stock is owned by company insiders.
United Natural Foods Company Profile
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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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