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NYSE:UNF

UniFirst (UNF) Stock Price, News & Analysis

UniFirst logo
$179.13 +1.86 (+1.05%)
(As of 12/20/2024 05:31 PM ET)

About UniFirst Stock (NYSE:UNF)

Key Stats

Today's Range
$174.13
$179.75
50-Day Range
$177.27
$206.22
52-Week Range
$149.58
$208.20
Volume
237,503 shs
Average Volume
84,302 shs
Market Capitalization
$3.33 billion
P/E Ratio
23.05
Dividend Yield
0.78%
Price Target
$186.25
Consensus Rating
Reduce

Company Overview

UniFirst Corporation provides workplace uniforms and protective work wear clothing in the United States, Europe, and Canada. The company operates through U.S. and Canadian Rental and Cleaning, Manufacturing, Specialty Garments Rental and Cleaning, and First Aid segments. It designs, manufactures, personalizes, rents, cleans, delivers, and sells a range of uniforms and protective clothing, including shirts, pants, jackets, coveralls, lab coats, smocks, and aprons; and specialized protective wear, such as flame resistant and high visibility garments. The company also rents and sells industrial wiping products, floor mats, facility service products, and dry and wet mops; restroom and cleaning supplies comprising air fresheners, paper products, gloves, masks, sanitizers, and hand soaps; and other textile products. In addition, it provides first aid cabinet services and other safety supplies; decontaminates and cleans work clothes, and other items that is exposed to radioactive materials; and services special cleanroom protective wear and facilities. Further, it offers a range of garment service options, including full-service rental programs in which garments are cleaned and serviced; lease programs in which garments are cleaned and maintained by individual employees; and purchase programs to buy garments and related items directly. The company serves automobile service centers and dealers, delivery services, food and general merchandise retailers, food processors and service operations, light manufacturers, maintenance facilities, restaurants, service companies, soft and durable goods wholesalers, transportation companies, healthcare providers, government agencies, research and development laboratories, high technology companies, and utilities operating nuclear reactors, as well as others who require employee clothing for image, identification, protection, or utility purposes. UniFirst Corporation was founded in 1936 and is headquartered in Wilmington, Massachusetts.

UniFirst Stock Analysis - MarketRank™

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77th Percentile Overall Score

UNF MarketRank™: 

UniFirst scored higher than 77% of companies evaluated by MarketBeat, and ranked 69th out of 178 stocks in the industrial products sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    UniFirst has received a consensus rating of Reduce. The company's average rating score is 1.75, and is based on no buy ratings, 3 hold ratings, and 1 sell rating.

  • Amount of Analyst Coverage

    UniFirst has only been the subject of 1 research reports in the past 90 days.

  • Read more about UniFirst's stock forecast and price target.
  • Earnings Growth

    Earnings for UniFirst are expected to grow by 12.63% in the coming year, from $7.68 to $8.65 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of UniFirst is 23.05, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 113.36.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of UniFirst is 23.05, which means that it is trading at a more expensive P/E ratio than the Industrial Products sector average P/E ratio of about 21.08.

  • Price to Book Value per Share Ratio

    UniFirst has a P/B Ratio of 1.58. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    1.04% of the float of UniFirst has been sold short.
  • Short Interest Ratio / Days to Cover

    UniFirst has a short interest ratio ("days to cover") of 1.9, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in UniFirst has recently decreased by 22.03%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    UniFirst has a dividend yield of 0.79%, which is in the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    UniFirst does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of UniFirst is 18.02%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, UniFirst will have a dividend payout ratio of 16.18% next year. This indicates that UniFirst will be able to sustain or increase its dividend.

  • Read more about UniFirst's dividend.
  • Percentage of Shares Shorted

    1.04% of the float of UniFirst has been sold short.
  • Short Interest Ratio / Days to Cover

    UniFirst has a short interest ratio ("days to cover") of 1.9, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in UniFirst has recently decreased by 22.03%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    UniFirst has a news sentiment score of 1.18. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.71 average news sentiment score of Industrial Products companies.
  • News Coverage This Week

    MarketBeat has tracked 2 news articles for UniFirst this week, compared to 4 articles on an average week.
  • MarketBeat Follows

    Only 4 people have added UniFirst to their MarketBeat watchlist in the last 30 days. This is a decrease of -20% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, UniFirst insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $2,546,632.00 in company stock.

  • Percentage Held by Insiders

    Only 0.86% of the stock of UniFirst is held by insiders.

  • Percentage Held by Institutions

    78.17% of the stock of UniFirst is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about UniFirst's insider trading history.
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UNF Stock News Headlines

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UNF Stock Analysis - Frequently Asked Questions

UniFirst's stock was trading at $182.91 on January 1st, 2024. Since then, UNF shares have decreased by 2.1% and is now trading at $179.13.
View the best growth stocks for 2024 here
.

UniFirst Co. (NYSE:UNF) released its quarterly earnings data on Wednesday, January, 3rd. The textile maker reported $2.38 EPS for the quarter, topping the consensus estimate of $2.18 by $0.20. UniFirst's revenue for the quarter was up 9.5% on a year-over-year basis.

Top institutional shareholders of UniFirst include River Road Asset Management LLC (4.60%), Victory Capital Management Inc. (3.52%), State Street Corp (3.14%) and Geode Capital Management LLC (1.88%). Insiders that own company stock include Cecelia Levenstein, Steven S Sintros, The Ronald D Croatti Trust - 1, Matthew Croatti, David A Difillippo, Michael A Croatti, David Martin Katz, Michael Iandoli, William Masters Ross, Shane O'connor, Kathleen M Camilli and Cynthia Croatti.
View institutional ownership trends
.

Shares of UNF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that UniFirst investors own include JPMorgan Chase & Co. (JPM), Tesla (TSLA), Advanced Micro Devices (AMD), Meta Platforms (META), Visa (V), NVIDIA (NVDA) and Alphabet (GOOG).

Company Calendar

Last Earnings
1/03/2024
Ex-Dividend for 9/27 Dividend
9/06/2024
Dividend Payable
9/27/2024
Ex-Dividend for 1/3 Dividend
12/06/2024
Today
12/21/2024
Dividend Payable
1/03/2025
Fiscal Year End
8/31/2025

Industry, Sector and Symbol

Industry
Personal services
Sub-Industry
Diversified Support Services
CUSIP
90470810
Employees
16,000
Year Founded
1936

Price Target and Rating

Average Stock Price Target
$186.25
High Stock Price Target
$200.00
Low Stock Price Target
$175.00
Potential Upside/Downside
+4.0%
Consensus Rating
Reduce
Rating Score (0-4)
1.75
Research Coverage
4 Analysts

Profitability

Net Income
$145.47 million
Pretax Margin
7.80%

Debt

Sales & Book Value

Annual Sales
$2.43 billion
Cash Flow
$14.54 per share
Book Value
$113.42 per share

Miscellaneous

Free Float
18,411,000
Market Cap
$3.33 billion
Optionable
Optionable
Beta
0.84

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This page (NYSE:UNF) was last updated on 12/21/2024 by MarketBeat.com Staff
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