United Natural Foods (NYSE:UNFI) Sets New 12-Month Low at $11.37

United Natural Foods, Inc. (NYSE:UNFI - Get Free Report)'s stock price reached a new 52-week low on Monday . The company traded as low as $11.37 and last traded at $11.42, with a volume of 25985 shares trading hands. The stock had previously closed at $11.49.

Analyst Ratings Changes

A number of equities research analysts have recently commented on the stock. StockNews.com cut shares of United Natural Foods from a "hold" rating to a "sell" rating in a report on Thursday, March 14th. UBS Group upped their price objective on United Natural Foods from $15.00 to $16.00 and gave the stock a "neutral" rating in a research note on Thursday, December 7th. Roth Mkm reaffirmed a "neutral" rating and set a $13.00 price target (down previously from $15.00) on shares of United Natural Foods in a report on Thursday, March 7th. The Goldman Sachs Group decreased their price target on United Natural Foods from $15.00 to $13.00 and set a "neutral" rating on the stock in a report on Thursday, December 7th. Finally, Wells Fargo & Company dropped their price objective on United Natural Foods from $15.00 to $12.00 and set an "underweight" rating for the company in a research note on Thursday, March 7th. Two equities research analysts have rated the stock with a sell rating and four have given a hold rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus target price of $13.40.

United Natural Foods Trading Down 2.5 %

The stock has a fifty day moving average price of $14.32 and a 200 day moving average price of $15.08. The stock has a market cap of $666.03 million, a PE ratio of -5.88 and a beta of 0.56. The company has a debt-to-equity ratio of 1.29, a quick ratio of 0.54 and a current ratio of 1.53.

United Natural Foods (NYSE:UNFI - Get Free Report) last posted its quarterly earnings data on Wednesday, March 6th. The company reported $0.07 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.02) by $0.09. United Natural Foods had a positive return on equity of 1.20% and a negative net margin of 0.38%. The company had revenue of $7.78 billion during the quarter, compared to analysts' expectations of $7.87 billion. During the same quarter in the previous year, the business earned $0.78 EPS. United Natural Foods's revenue was down .5% compared to the same quarter last year. Equities analysts expect that United Natural Foods, Inc. will post 0.03 EPS for the current year.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. Quarry LP lifted its stake in shares of United Natural Foods by 976.1% during the 1st quarter. Quarry LP now owns 990 shares of the company's stock worth $26,000 after purchasing an additional 898 shares during the last quarter. Headlands Technologies LLC bought a new position in United Natural Foods in the fourth quarter worth about $32,000. Quest Partners LLC purchased a new stake in shares of United Natural Foods during the fourth quarter valued at about $35,000. Tower Research Capital LLC TRC grew its position in shares of United Natural Foods by 66.3% in the 3rd quarter. Tower Research Capital LLC TRC now owns 3,531 shares of the company's stock worth $50,000 after buying an additional 1,408 shares during the last quarter. Finally, State of Wyoming grew its position in shares of United Natural Foods by 116.2% in the 2nd quarter. State of Wyoming now owns 3,113 shares of the company's stock worth $61,000 after buying an additional 1,673 shares during the last quarter. Hedge funds and other institutional investors own 87.63% of the company's stock.

United Natural Foods Company Profile

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.