Sidoti Csr Brokers Decrease Earnings Estimates for Unifi

Unifi, Inc. (NYSE:UFI - Free Report) - Equities research analysts at Sidoti Csr lowered their Q3 2026 EPS estimates for Unifi in a report issued on Thursday, May 1st. Sidoti Csr analyst A. Lebiedzinski now forecasts that the textile maker will post earnings of $0.25 per share for the quarter, down from their previous forecast of $0.36. The consensus estimate for Unifi's current full-year earnings is ($2.25) per share. Sidoti Csr also issued estimates for Unifi's Q4 2026 earnings at $0.36 EPS and FY2027 earnings at $0.68 EPS.

Separately, StockNews.com lowered Unifi from a "hold" rating to a "sell" rating in a research report on Tuesday, April 29th.

Unifi Stock Down 8.8 %

Unifi stock traded down $0.45 during trading hours on Friday, hitting $4.69. 401,801 shares of the stock traded hands, compared to its average volume of 60,255. Unifi has a one year low of $4.25 and a one year high of $7.91. The company has a market cap of $86.03 million, a PE ratio of -2.56 and a beta of 0.50. The firm's 50-day moving average price is $5.03 and its two-hundred day moving average price is $5.61. The company has a current ratio of 3.44, a quick ratio of 1.46 and a debt-to-equity ratio of 0.52.

Unifi (NYSE:UFI - Get Free Report) last posted its earnings results on Wednesday, April 30th. The textile maker reported ($0.76) earnings per share for the quarter, topping analysts' consensus estimates of ($0.83) by $0.07. The company had revenue of $146.56 million during the quarter, compared to analyst estimates of $145.28 million. Unifi had a negative net margin of 5.62% and a negative return on equity of 14.49%.

Insider Buying and Selling

In other news, Director Kenneth G. Langone acquired 16,097 shares of Unifi stock in a transaction on Monday, February 10th. The stock was acquired at an average cost of $5.55 per share, for a total transaction of $89,338.35. Following the purchase, the director now owns 2,352,000 shares in the company, valued at $13,053,600. This trade represents a 0.69 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 17.85% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of UFI. State Street Corp boosted its position in shares of Unifi by 5.7% in the third quarter. State Street Corp now owns 58,922 shares of the textile maker's stock worth $432,000 after purchasing an additional 3,200 shares during the period. Barclays PLC lifted its holdings in shares of Unifi by 778.3% during the 3rd quarter. Barclays PLC now owns 11,479 shares of the textile maker's stock valued at $85,000 after purchasing an additional 10,172 shares during the last quarter. Virtu Financial LLC acquired a new stake in Unifi during the 3rd quarter worth about $128,000. JPMorgan Chase & Co. boosted its stake in shares of Unifi by 5,775.3% in the third quarter. JPMorgan Chase & Co. now owns 11,163 shares of the textile maker's stock worth $82,000 after buying an additional 10,973 shares during the last quarter. Finally, Peapod Lane Capital LLC purchased a new stake in shares of Unifi in the fourth quarter valued at approximately $3,191,000. Hedge funds and other institutional investors own 67.67% of the company's stock.

About Unifi

Unifi, Inc, together with its subsidiaries, engages in the manufacture and sale of recycled and synthetic products in North America, Central America, South America, Asia, and Europe. Its polyester products include partially oriented yarn, textured, solution and package dyed, twisted, beamed, and draw wound yarns in virgin or recycled varieties; and nylon products comprise virgin or recycled textured, solution dyed, and spandex covered yarns.