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

Key Points

• United Natural Foods has updated its FY 2025 earnings guidance, projecting earnings per share between 0.400 and 0.800, below the consensus estimate of 0.82.
• The company issued revenue guidance of $31.6 billion to $31.8 billion, matching the consensus revenue estimate of $31.6 billion.
• Institutional investors hold a significant stake of 87.63% in United Natural Foods, indicating strong institutional support for the company's stock.

United Natural Foods (NYSE:UNFI - Get Free Report) updated its FY 2025 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 0.400-0.800 for the period, compared to the consensus estimate of 0.82. The company issued revenue guidance of $31.6 billion-$31.8 billion, compared to the consensus revenue estimate of $31.6 billion.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on the company. Deutsche Bank Aktiengesellschaft set a $24.00 target price on United Natural Foods and gave the company a "hold" rating in a research note on Thursday, June 12th. The Goldman Sachs Group lowered 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 Thursday, June 12th. Wall Street Zen upgraded United Natural Foods from a "hold" rating to a "buy" rating in a research note on Tuesday, April 15th. BMO Capital Markets lowered their target price on United Natural Foods from $32.00 to $25.00 and set a "market perform" rating on the stock in a research note on Thursday, June 12th. Finally, Northcoast Research upgraded United Natural Foods from a "neutral" rating to a "buy" rating and set a $36.00 price objective on the stock in a research note on Tuesday, July 22nd. Seven research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and an average price target of $28.13.

United Natural Foods Stock Performance

Shares of NYSE:UNFI traded down $0.62 during midday trading on Friday, reaching $27.02. 962,679 shares of the company traded hands, compared to its average volume of 1,175,275. The company has a quick ratio of 0.51, a current ratio of 1.41 and a debt-to-equity ratio of 1.21. United Natural Foods has a 12 month low of $12.00 and a 12 month high of $34.76. The firm has a market capitalization of $1.64 billion, a price-to-earnings ratio of -23.50 and a beta of 0.82. The firm's fifty day moving average price is $25.28 and its two-hundred day moving average price is $27.09.

United Natural Foods (NYSE:UNFI - Get Free Report) last announced its earnings results on Tuesday, June 10th. The company reported $0.44 earnings per share for the quarter, topping analysts' consensus estimates of $0.22 by $0.22. The business had revenue of $8.06 billion for the quarter, compared to analyst estimates of $7.78 billion. United Natural Foods had a positive return on equity of 3.13% and a negative net margin of 0.21%. The company's quarterly revenue was up 7.5% compared to the same quarter last year. During the same period in the prior year, the company earned $0.10 EPS. On average, equities analysts expect that United Natural Foods will post 0.76 earnings per share for the current year.

Hedge Funds Weigh In On United Natural Foods

A number of institutional investors have recently added to or reduced their stakes in UNFI. Brighton Jones LLC purchased a new position in shares of United Natural Foods during the 4th quarter valued at about $656,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in shares of United Natural Foods by 5.1% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 35,117 shares of the company's stock valued at $962,000 after buying an additional 1,703 shares in the last quarter. AQR Capital Management LLC raised its holdings in shares of United Natural Foods by 52.5% during the 1st quarter. AQR Capital Management LLC now owns 111,854 shares of the company's stock valued at $3,064,000 after buying an additional 38,504 shares in the last quarter. Millennium Management LLC raised its holdings 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 valued at $9,120,000 after buying an additional 122,412 shares in the last quarter. Finally, Goldman Sachs Group Inc. raised its holdings 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 valued at $17,132,000 after buying an additional 58,705 shares in the last quarter. 87.63% of the stock is currently owned by institutional investors.

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.