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NYSE:UNF

UniFirst (UNF) Stock Price, News & Analysis

$191.81
-4.93 (-2.51%)
(As of 10:07 AM ET)

About UniFirst Stock (NYSE:UNF)

Key Stats

Today's Range
$191.75
$195.20
50-Day Range
$179.21
$199.83
52-Week Range
$149.58
$200.07
Volume
8,747 shs
Average Volume
86,969 shs
Market Capitalization
$3.58 billion
P/E Ratio
28.00
Dividend Yield
0.69%
Price Target
$186.00
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™

See Top Rated MarketRank™ Stocks
67th Percentile Overall Score

UNF MarketRank™: 

UniFirst scored higher than 67% of companies evaluated by MarketBeat, and ranked 103rd out of 173 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 received no research coverage 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 6.00% in the coming year, from $7.83 to $8.30 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of UniFirst is 28.72, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 129.01.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of UniFirst is 28.72, which means that it is trading at a more expensive P/E ratio than the Industrial Products sector average P/E ratio of about 18.01.

  • Price to Book Value per Share Ratio

    UniFirst has a P/B Ratio of 1.84. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about UniFirst's valuation and earnings.
  • Percentage of Shares Shorted

    1.30% 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 2.3, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in UniFirst has recently increased by 6.25%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    UniFirst has a dividend yield of 0.66%, 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 19.27%. 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 15.90% 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

    1.30% 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 2.3, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in UniFirst has recently increased by 6.25%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    UniFirst has a news sentiment score of 0.22. 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 lower news sentiment than the 0.68 average news sentiment score of Industrial Products companies.
  • News Coverage This Week

    MarketBeat has tracked 16 news articles for UniFirst this week, compared to 3 articles on an average week.
  • MarketBeat Follows

    1 people have added UniFirst to their MarketBeat watchlist in the last 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 $269,413.00 in company stock.

  • Percentage Held by Insiders

    Only 0.74% 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.

UNF Stock News Headlines

UniFirst ends talks with Elis, focuses on internal growth
Has Trump Finally Gone Too Far?
Lately, there's been a lot of buzz around a secret loophole executive insiders are using to make millions buying and selling their own stocks. It's so powerful ... so profitable ... that most people immediately assume this is just another example of Trump doing what's best for business executives. But surprisingly, this loophole has been on the books for many years and executives have been using it to make HUNDREDS of millions of dollars. And here's the good news.
UniFirst (NYSE:UNF) Trading Down 2.8% - Time to Sell?
See More Headlines

UNF Stock Analysis - Frequently Asked Questions

UniFirst's stock was trading at $182.91 at the start of the year. Since then, UNF stock has increased by 7.6% and is now trading at $196.74.
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, beating the consensus estimate of $2.18 by $0.20. The firm's quarterly revenue was up 9.5% on a year-over-year basis.

Top institutional shareholders of UniFirst include Handelsbanken Fonder AB (0.02%), Park Avenue Securities LLC (0.01%) and SG Americas Securities LLC (0.01%). Insiders that own company stock include Cecelia Levenstein, Steven S Sintros, Matthew Croatti, David A Difillippo, David Martin Katz, Michael A Croatti, 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 Tesla (TSLA), Walt Disney (DIS), Abbott Laboratories (ABT), Netflix (NFLX), Teladoc Health (TDOC), Carnival Co. & (CCL) and Lululemon Athletica (LULU).

Company Calendar

Last Earnings
1/03/2024
Ex-Dividend for 9/27 Dividend
9/06/2024
Dividend Payable
9/27/2024
Today
10/07/2024
Next Earnings (Confirmed)
10/23/2024
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
$186.00
High Stock Price Target
$199.00
Low Stock Price Target
$175.00
Potential Upside/Downside
-5.5%
Consensus Rating
Reduce
Rating Score (0-4)
1.75
Research Coverage
4 Analysts

Profitability

Net Income
$103.67 million
Pretax Margin
7.15%

Debt

Sales & Book Value

Annual Sales
$2.36 billion
Cash Flow
$14.09 per share
Book Value
$107.19 per share

Miscellaneous

Free Float
18,520,000
Market Cap
$3.67 billion
Optionable
Optionable
Beta
0.81

Social Links


This page (NYSE:UNF) was last updated on 10/7/2024 by MarketBeat.com Staff
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