Equities Analysts Issue Forecasts for Unifi FY2027 Earnings

Key Points

• Sidoti cut Unifi’s FY2027 EPS forecast to $0.00 from $0.06, reflecting expectations for no earnings growth in the textile maker’s 2027 fiscal year.
• Analyst sentiment remains weak: Unifi has an average “Sell” rating, with one analyst covering the stock. The company reported a quarterly loss of $0.06 per share, in line with estimates, while revenue of $144.22 million exceeded expectations.
• Unifi shares opened at $7.99, near their 52-week high of $8.47, despite a negative P/E ratio and negative profitability metrics. Institutional investors and hedge funds own approximately 67.67% of the company.

Unifi, Inc. (NYSE:UFI - Free Report) - Equities researchers at Sidoti dropped their FY2027 earnings per share estimates for Unifi in a report released on Thursday, August 20th. Sidoti analyst A. Lebiedzinski now forecasts that the textile maker will post earnings of $0.00 per share for the year, down from their previous estimate of $0.06.

Other research analysts have also recently issued research reports about the company. Weiss Ratings raised Unifi from a "sell (e+)" rating to a "sell (d-)" rating in a research note on Friday, July 10th. Wall Street Zen upgraded shares of Unifi to a "hold" rating in a research note on Sunday, July 12th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Unifi has an average rating of "Sell".

Unifi Stock Down 0.5%

Shares of Unifi stock opened at $7.99 on Monday. The company has a debt-to-equity ratio of 0.34, a current ratio of 3.33 and a quick ratio of 1.74. Unifi has a 1-year low of $2.96 and a 1-year high of $8.47. The business's fifty day moving average price is $5.92 and its two-hundred day moving average price is $4.60. The company has a market capitalization of $148.53 million, a P/E ratio of -6.01 and a beta of 0.69.

Unifi (NYSE:UFI - Get Free Report) last issued its quarterly earnings data on Wednesday, August 19th. The textile maker reported ($0.06) earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of ($0.06). Unifi had a negative return on equity of 10.32% and a negative net margin of 4.62%.The business had revenue of $144.22 million during the quarter, compared to analyst estimates of $139.75 million.

Hedge Funds Weigh In On Unifi

Several hedge funds have recently made changes to their positions in UFI. Goldman Sachs Group Inc. acquired a new stake in Unifi during the first quarter valued at approximately $96,000. Jane Street Group LLC bought a new stake in Unifi during the first quarter worth approximately $64,000. XTX Topco Ltd bought a new stake in Unifi during the second quarter worth approximately $80,000. Vanguard Group Inc. grew its position in Unifi by 3.0% in the third quarter. Vanguard Group Inc. now owns 730,812 shares of the textile maker's stock worth $3,479,000 after buying an additional 21,195 shares during the last quarter. Finally, Squarepoint Ops LLC acquired a new position in Unifi in the third quarter worth approximately $54,000. Institutional investors and hedge funds own 67.67% of the company's stock.

Unifi Company Profile

Unifi, Inc NYSE: UFI is a global manufacturer of polyester and nylon textured yarns and fibers, specializing in both virgin and recycled synthetic materials. Headquartered in Greensboro, North Carolina, the company serves a diverse range of end markets including apparel, athleisure, home furnishings, automotive and industrial applications. Unifi's vertically integrated operations encompass polymer extrusion, spinning, texturing, and finishing processes designed to meet the performance and aesthetic requirements of its customers.

A key differentiator for Unifi is its REPREVE® brand, a family of certified recycled performance fibers made from post‐consumer plastic bottles and other waste streams.

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