Q2 Earnings Forecast for Unifi Issued By Sidoti (NYSE:UFI)

Key Points

• Sidoti lowered Unifi’s Q2 2027 EPS estimate to a loss of $0.19 per share from a prior loss estimate of $0.11, and forecasts a $0.02 loss for FY2027.
• Unifi recently reported a quarterly loss of $0.09 per share, beating the $0.15 loss analysts expected, while revenue of $127.92 million fell short of the $129.91 million consensus estimate.
• The stock opened at $5.86, and analyst sentiment remains negative with a consensus “Sell” rating; institutional investors own 67.67% of the company, including a new 26,494-share position purchased by NewEdge Advisors.

Unifi, Inc. (NYSE:UFI - Free Report) - Equities researchers at Sidoti decreased their Q2 2027 earnings per share estimates for shares of Unifi in a research note issued to investors on Friday, October 30th. Sidoti analyst A. Lebiedzinski now expects that the textile maker will post earnings of ($0.19) per share for the quarter, down from their previous estimate of ($0.11). Sidoti also issued estimates for Unifi's FY2027 earnings at ($0.02) EPS.

UFI has been the topic of a number of other research reports. Wall Street Zen upgraded shares of Unifi from a "hold" rating to a "buy" rating in a report on Saturday, September 19th. Weiss Ratings reaffirmed a "sell (d-)" rating on shares of Unifi in a research note on Tuesday, October 6th. One equities research analyst has rated the stock with a Sell rating. According to data from MarketBeat, the company currently has a consensus rating of "Sell".

Unifi Stock Down 0.7%

Shares of UFI stock opened at $5.86 on Tuesday. The company has a quick ratio of 1.74, a current ratio of 3.33 and a debt-to-equity ratio of 0.34. The business's fifty day moving average is $6.47 and its 200 day moving average is $5.04. Unifi has a twelve month low of $2.96 and a twelve month high of $8.47.

Unifi (NYSE:UFI - Get Free Report) last posted its earnings results on Thursday, October 29th. The textile maker reported ($0.09) earnings per share for the quarter, topping analysts' consensus estimates of ($0.15) by $0.06. The firm had revenue of $127.92 million for the quarter, compared to the consensus estimate of $129.91 million. Unifi had a negative return on equity of 10.32% and a negative net margin of 4.62%.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Unifi stock. NewEdge Advisors LLC acquired a new stake in shares of Unifi, Inc. (NYSE:UFI - Free Report) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 26,494 shares of the textile maker's stock, valued at approximately $126,000. NewEdge Advisors LLC owned about 0.14% of Unifi at the end of the most recent reporting period. Institutional investors own 67.67% of the company's stock.

About Unifi

Unifi, Inc is a textile manufacturing company that produces synthetic and recycled yarns for customers in the apparel, hosiery, home furnishings, automotive, industrial and other consumer markets. Its products include polyester and nylon textured yarns, staple fiber and related value-added textile materials used in fabrics and finished goods.

The company is best known for its REPREVE brand, which transforms recycled plastic bottles and other materials into performance fibers. REPREVE fibers are used in products designed to offer attributes such as moisture management, stretch, softness, thermal performance and enhanced durability.

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