United Natural Foods (NYSE:UNFI) Posts Quarterly Earnings Results, Beats Estimates By $0.04 EPS

United Natural Foods (NYSE:UNFI - Get Free Report) posted its quarterly earnings results on Tuesday. The company reported $0.22 earnings per share for the quarter, topping the consensus estimate of $0.18 by $0.04, Zacks reports. United Natural Foods had a positive return on equity of 1.27% and a negative net margin of 0.30%. The business had revenue of $8.16 billion during the quarter, compared to the consensus estimate of $7.96 billion. During the same period in the prior year, the company posted $0.07 EPS. The firm's revenue for the quarter was up 4.9% compared to the same quarter last year. United Natural Foods updated its FY 2025 guidance to 0.700-0.900 EPS and its FY25 guidance to $0.70-$0.90 EPS.

United Natural Foods Trading Up 0.5 %

UNFI stock traded up $0.14 during midday trading on Friday, reaching $26.73. The company's stock had a trading volume of 603,790 shares, compared to its average volume of 677,623. The company has a debt-to-equity ratio of 1.39, a quick ratio of 0.53 and a current ratio of 1.48. The stock has a fifty day simple moving average of $29.58 and a two-hundred day simple moving average of $24.23. United Natural Foods has a 1 year low of $8.58 and a 1 year high of $34.76. The firm has a market capitalization of $1.60 billion, a price-to-earnings ratio of -17.03 and a beta of 0.56.

Institutional Trading of United Natural Foods

A hedge fund recently bought a new stake in United Natural Foods stock. Brighton Jones LLC bought a new position in United Natural Foods, Inc. (NYSE:UNFI - Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 24,022 shares of the company's stock, valued at approximately $656,000. 87.63% of the stock is owned by institutional investors.

Analysts Set New Price Targets

UNFI has been the subject of a number of research reports. BMO Capital Markets increased their target price on United Natural Foods from $23.00 to $32.00 and gave the company a "market perform" rating in a research report on Wednesday, December 11th. CL King upgraded United Natural Foods from a "neutral" rating to a "buy" rating and set a $33.00 target price for the company in a research report on Wednesday. Guggenheim reiterated a "neutral" rating on shares of United Natural Foods in a research report on Thursday, December 12th. The Goldman Sachs Group increased their target price on United Natural Foods from $25.00 to $28.00 and gave the company a "neutral" rating in a research report on Thursday, February 13th. Finally, Roth Mkm increased their target price on United Natural Foods from $20.00 to $26.00 and gave the company a "neutral" rating in a research report on Thursday, December 12th. One research analyst has rated the stock with a sell rating, six have given a hold rating and two have given a buy rating to the stock. According to data from MarketBeat.com, United Natural Foods currently has a consensus rating of "Hold" and an average price target of $27.50.

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.