United Natural Foods (NYSE:UNFI) Issues FY 2025 Earnings Guidance

United Natural Foods (NYSE:UNFI - Get Free Report) updated its FY 2025 earnings guidance on Tuesday. The company provided EPS guidance of 0.700-0.900 for the period, compared to the consensus EPS estimate of 0.820. The company issued revenue guidance of $31.3 billion-$31.7 billion, compared to the consensus revenue estimate of $31.6 billion.

Analysts Set New Price Targets

Several brokerages have issued reports on UNFI. Wall Street Zen raised shares of United Natural Foods from a "hold" rating to a "buy" rating in a research note on Tuesday, April 15th. BMO Capital Markets reduced their price target on United Natural Foods from $32.00 to $25.00 and set a "market perform" rating on the stock in a report on Thursday. Deutsche Bank Aktiengesellschaft decreased their price target on United Natural Foods from $33.00 to $24.00 and set a "hold" rating for the company in a research note on Thursday. Northcoast Research downgraded United Natural Foods from a "buy" rating to a "neutral" rating in a research report on Thursday. Finally, UBS Group reduced their target price on United Natural Foods from $30.00 to $26.00 and set a "neutral" rating on the stock in a research note on Wednesday. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and two have assigned a buy rating to the company. According to MarketBeat, the stock has an average rating of "Hold" and a consensus target price of $26.43.

United Natural Foods Stock Down 2.3%

NYSE UNFI traded down $0.52 on Thursday, reaching $21.61. 2,466,158 shares of the stock traded hands, compared to its average volume of 721,666. United Natural Foods has a 12 month low of $11.88 and a 12 month high of $34.76. The company has a market cap of $1.31 billion, a price-to-earnings ratio of -13.76 and a beta of 0.90. The company has a fifty day moving average price of $27.00 and a 200-day moving average price of $27.74. The company has a debt-to-equity ratio of 1.39, a quick ratio of 0.53 and a current ratio of 1.48.

United Natural Foods (NYSE:UNFI - Get Free Report) last released its quarterly earnings data on Tuesday, June 10th. The company reported $0.44 earnings per share for the quarter, beating the consensus estimate of $0.22 by $0.22. United Natural Foods had a positive return on equity of 1.27% and a negative net margin of 0.30%. The firm had revenue of $8.06 billion during the quarter, compared to the consensus estimate of $7.78 billion. During the same period in the previous year, the company posted $0.10 earnings per share. The firm's quarterly revenue was up 7.5% on a year-over-year basis. As a group, research analysts forecast that United Natural Foods will post 0.76 EPS for the current fiscal year.

Institutional Investors Weigh In On United Natural Foods

Hedge funds have recently modified their holdings of the business. Brighton Jones LLC purchased a new stake in United Natural Foods during the fourth quarter worth $656,000. AQR Capital Management LLC raised its position in shares of United Natural Foods by 52.5% in the 1st quarter. AQR Capital Management LLC now owns 111,854 shares of the company's stock worth $3,064,000 after acquiring an additional 38,504 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in shares of United Natural Foods by 5.1% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 35,117 shares of the company's stock worth $962,000 after acquiring an additional 1,703 shares in the last quarter. Millennium Management LLC lifted its stake in shares of United Natural Foods by 58.1% during the 1st quarter. Millennium Management LLC now owns 332,973 shares of the company's stock worth $9,120,000 after purchasing an additional 122,412 shares during the last quarter. Finally, Goldman Sachs Group Inc. lifted its stake in shares of United Natural Foods by 10.4% during the 1st quarter. Goldman Sachs Group Inc. now owns 625,481 shares of the company's stock worth $17,132,000 after purchasing an additional 58,705 shares during the last quarter. Hedge funds and other institutional investors own 87.63% of the company's stock.

About United Natural Foods

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.