Roth Capital Issues Positive Forecast for UNFI Earnings

Key Points

• Roth Capital has raised its Q3 2026 earnings estimates for United Natural Foods, forecasting earnings of $0.71 per share, an increase from a prior estimate of $0.52.
• Multiple analysts have recently upgraded their ratings and price targets for United Natural Foods, with UBS maintaining a "buy" rating and Goldman Sachs raising the price target to $40.00.
• United Natural Foods reported a revenue of $7.70 billion for the last quarter, surpassing analysts' expectations despite a 5.6% year-over-year decline in revenue.

United Natural Foods, Inc. (NYSE:UNFI - Free Report) - Roth Capital raised their Q3 2026 earnings estimates for shares of United Natural Foods in a research report issued to clients and investors on Wednesday, October 1st. Roth Capital analyst W. Kirk now forecasts that the company will earn $0.71 per share for the quarter, up from their prior estimate of $0.52. Roth Capital has a "Neutral" rating and a $35.00 price objective on the stock. The consensus estimate for United Natural Foods' current full-year earnings is $0.76 per share. Roth Capital also issued estimates for United Natural Foods' FY2026 earnings at $1.90 EPS.

A number of other analysts also recently weighed in on the company. Zacks Research upgraded United Natural Foods from a "hold" rating to a "strong-buy" rating in a report on Monday, September 15th. UBS Group restated a "buy" rating on shares of United Natural Foods in a research report on Wednesday. The Goldman Sachs Group lifted their target price on United Natural Foods from $29.00 to $40.00 and gave the stock a "neutral" rating in a report on Wednesday. Deutsche Bank Aktiengesellschaft set a $24.00 price target on United Natural Foods and gave the stock a "hold" rating in a report on Thursday, June 12th. Finally, Wells Fargo & Company lifted their price objective on shares of United Natural Foods from $26.00 to $36.00 and gave the company an "equal weight" rating in a research note on Wednesday. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and eight have assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, the company has an average rating of "Hold" and a consensus price target of $36.00.

United Natural Foods Price Performance

Shares of NYSE UNFI opened at $40.07 on Friday. The company has a market capitalization of $2.43 billion, a PE ratio of -20.55 and a beta of 0.88. The company has a quick ratio of 0.51, a current ratio of 1.32 and a debt-to-equity ratio of 1.20. United Natural Foods has a twelve month low of $18.81 and a twelve month high of $40.28. The firm has a fifty day simple moving average of $28.80 and a 200 day simple moving average of $26.86.

United Natural Foods (NYSE:UNFI - Get Free Report) last issued its quarterly earnings results on Tuesday, September 30th. The company reported ($0.11) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.18) by $0.07. United Natural Foods had a negative net margin of 0.37% and a positive return on equity of 2.74%. The firm had revenue of $7.70 billion for the quarter, compared to the consensus estimate of $7.61 billion. During the same quarter in the previous year, the company earned $0.01 EPS. The company's revenue for the quarter was down 5.6% on a year-over-year basis.

Insider Activity at United Natural Foods

In related news, insider Danielle Benedict sold 11,655 shares of the company's stock in a transaction dated Tuesday, September 30th. The shares were sold at an average price of $35.31, for a total value of $411,538.05. Following the sale, the insider owned 89,544 shares in the company, valued at $3,161,798.64. This represents a 11.52% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 2.10% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of UNFI. American Century Companies Inc. grew its stake in shares of United Natural Foods by 7.0% in the 2nd quarter. American Century Companies Inc. now owns 2,603,588 shares of the company's stock worth $60,690,000 after acquiring an additional 169,640 shares in the last quarter. Invesco Ltd. grew its holdings in shares of United Natural Foods by 20.7% in the second quarter. Invesco Ltd. now owns 2,544,315 shares of the company's stock valued at $59,308,000 after acquiring an additional 436,680 shares in the last quarter. Geode Capital Management LLC lifted its holdings in United Natural Foods by 2.0% during the second quarter. Geode Capital Management LLC now owns 1,424,195 shares of the company's stock worth $33,203,000 after acquiring an additional 27,943 shares during the period. Arrowstreet Capital Limited Partnership boosted its position in United Natural Foods by 196.6% in the second quarter. Arrowstreet Capital Limited Partnership now owns 925,927 shares of the company's stock worth $21,583,000 after purchasing an additional 613,790 shares during the last quarter. Finally, Prudential Financial Inc. grew its stake in United Natural Foods by 4.5% in the 2nd quarter. Prudential Financial Inc. now owns 902,416 shares of the company's stock valued at $21,035,000 after purchasing an additional 39,142 shares during the period. 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.

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