NASDAQ:UNFI - United Natural Foods Stock Price, News, & Analysis

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$11.90 -0.03 (-0.25 %)
(As of 05/21/2019 04:25 AM ET)
Previous Close$11.93
Today's Range$11.90 - $11.90
52-Week Range$9.23 - $47.36
Volume664,498 shs
Average Volume1.37 million shs
Market Capitalization$604.76 million
P/E Ratio3.83
Dividend YieldN/A
Beta2.15
United Natural Foods, Inc., together with its subsidiaries, distributes natural, organic, and specialty foods and non-food products in the United States and Canada. The company operates through three divisions: Wholesale, Retail, and Manufacturing and Branded Products. The Wholesale division offers grocery and general merchandise, produce, perishables and frozen foods, nutritional supplements and sports nutrition, bulk and foodservice products, and personal care products. This segment also distributes an array of specialty protein, cheese, deli, food service, and bakery goods; and organic and conventional produce and non-produce perishable items, and natural and organic specialty and gourmet ethnic products, as well as vitamins and minerals. The Retail division operates one retail stores in Rhode Island. The Manufacturing and Branded Products division is involved in importing, roasting, packaging, and distributing nuts, dried fruits, seeds, trail mixes, granola, natural and organic snack items, and confections. This segment also provides Blue Marble Brands products on wholesale basis through third-party distributors in organic, natural, and specialty food brands, as well as directly to retailers; and Field Day brand products primarily to customers through its independent channel. The company serves independently retailers, supernatural chains, conventional supermarkets, and mass market chains, as well as foodservice, e-commerce, and international customers outside Canada. United Natural Foods, Inc. was founded in 1976 and is headquartered in Providence, Rhode Island.

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Industry, Sector and Symbol

Industry Groceries, general line
Sub-IndustryFood Distributors
SectorConsumer Staples
Current SymbolNASDAQ:UNFI
CUSIP91116310
Phone401-528-8634

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$10.23 billion
Cash Flow$5.6398 per share
Book Value$36.02 per share

Profitability

Net Income$165.67 million

Miscellaneous

EmployeesN/A
Market Cap$604.76 million
Next Earnings Date6/5/2019 (Estimated)
OptionableOptionable

United Natural Foods (NASDAQ:UNFI) Frequently Asked Questions

What is United Natural Foods' stock symbol?

United Natural Foods trades on the NASDAQ under the ticker symbol "UNFI."

How will United Natural Foods' stock buyback program work?

United Natural Foods declared that its board has initiated a stock buyback plan on Saturday, October 7th 2017, which allows the company to buyback $200,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to purchase shares of its stock through open market purchases. Stock buyback plans are typically a sign that the company's board believes its shares are undervalued.

How were United Natural Foods' earnings last quarter?

United Natural Foods Inc (NASDAQ:UNFI) issued its quarterly earnings data on Tuesday, March, 5th. The company reported $0.44 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.23 by $0.21. The firm had revenue of $6.15 billion for the quarter, compared to analyst estimates of $6.01 billion. United Natural Foods had a net margin of 1.09% and a return on equity of 8.58%. During the same quarter in the previous year, the business earned $0.71 EPS. View United Natural Foods' Earnings History.

When is United Natural Foods' next earnings date?

United Natural Foods is scheduled to release their next quarterly earnings announcement on Wednesday, June 5th 2019. View Earnings Estimates for United Natural Foods.

What guidance has United Natural Foods issued on next quarter's earnings?

United Natural Foods updated its FY 2019 earnings guidance on Tuesday, March, 5th. The company provided earnings per share guidance of $2.00-2.40 for the period, compared to the Thomson Reuters consensus estimate of $1.71. The company issued revenue guidance of $21.5-22 billion, compared to the consensus revenue estimate of $21.48 billion.

What price target have analysts set for UNFI?

17 brokerages have issued 12-month price targets for United Natural Foods' stock. Their forecasts range from $8.00 to $35.00. On average, they anticipate United Natural Foods' share price to reach $21.5575 in the next year. This suggests a possible upside of 81.2% from the stock's current price. View Analyst Price Targets for United Natural Foods.

What is the consensus analysts' recommendation for United Natural Foods?

17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for United Natural Foods in the last year. There are currently 5 sell ratings, 10 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for United Natural Foods.

What are Wall Street analysts saying about United Natural Foods stock?

Here are some recent quotes from research analysts about United Natural Foods stock:
  • 1. According to Zacks Investment Research, "United Natural’s shares have declined in the past three months. We note that the company’s gross margin performance has been dismal for a while. During second-quarter fiscal 2019, gross margin was weighed by adverse shift in consumer mix and lower gross profit rate at SUPERVALU. Moreover, challenges across the company’s distribution centers have been a drag on performance.  Such headwinds have also led to enhanced transportation, labor and shrink costs. However, the company is witnessing growth across sales channels, supported by strong brands, efficient strategies and solid consumer demand. Speaking of strategies, the buyout of SUPERVALU is contributing significantly to the top line.  We note that management is on track with the integration of legacy SUPERVALU, which is expected to generate synergies worth more than $185 million in the fourth year of the deal." (5/9/2019)
  • 2. Pivotal Research analysts commented, "We’ve lowered our FY19 EBITDA est. from $598 million to $527 million. The latest operational challenges are specific to several acquired facilities in the legacy Supervalu distribution network. There were some positives in 2Q including $200 million of new business and $165 million in debt reduction. Still, the rapid succession of the recent guidance cuts confirms many of our initial concerns about Supervalu, including the fact that UNFI has acquired a business that was itself undergoing major transitional issues following several recent acquisitions with unfinished integration work." (3/7/2019)

Has United Natural Foods been receiving favorable news coverage?

News headlines about UNFI stock have trended somewhat negative this week, according to InfoTrie. InfoTrie scores the sentiment of media coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. United Natural Foods earned a news impact score of -1.3 on InfoTrie's scale. They also assigned news headlines about the company a news buzz of 4.0 out of 10, meaning that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the immediate future.

Who are some of United Natural Foods' key competitors?

What other stocks do shareholders of United Natural Foods own?

Based on aggregate information from My MarketBeat watchlists, some companies that other United Natural Foods investors own include Hawkins (HWKN), Micron Technology (MU), Starbucks (SBUX), CA (CA), Universal Display (OLED), First Data (FDC), Intel (INTC), Tesla (TSLA), Whole Foods Market (WFM) and Celgene (CELG).

Who are United Natural Foods' key executives?

United Natural Foods' management team includes the folowing people:
  • Mr. Steven L. Spinner, Chairman & CEO (Age 58)
  • Mr. Michael Paul Zechmeister, Chief Financial Officer (Age 51)
  • Mr. Eric A. Dorne, Chief Admin. & Information Officer and Pres of Bus. Strategic Units (Age 57)
  • Mr. Paul Scott Green, Chief Supply Chain Officer (Age 56)
  • Mr. Sean F. Griffin, Chief Exec. Officer of SUPERVALU Inc. (Age 59)

Who are United Natural Foods' major shareholders?

United Natural Foods' stock is owned by a number of of institutional and retail investors. Top institutional investors include BlackRock Inc. (14.77%), Dimensional Fund Advisors LP (8.47%), Goldman Sachs Group Inc. (2.37%), Royce & Associates LP (1.57%), Thompson Siegel & Walmsley LLC (1.45%) and Geode Capital Management LLC (1.44%). Company insiders that own United Natural Foods stock include Bates Ann Torre, Christopher P Testa, Craig Harder Smith, Eric A Dorne, James P Heffernan, John Michael Hummel, Joseph J Traficanti, Michael Paul Zechmeister, Paul Scott Green, Peter Roy, Sean Griffin and Steven Spinner. View Institutional Ownership Trends for United Natural Foods.

Which institutional investors are selling United Natural Foods stock?

UNFI stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, Renaissance Technologies LLC, Wells Fargo & Company MN, Nordea Investment Management AB, Charles Schwab Investment Management Inc., Trillium Asset Management LLC, New York State Common Retirement Fund and OppenheimerFunds Inc.. View Insider Buying and Selling for United Natural Foods.

Which institutional investors are buying United Natural Foods stock?

UNFI stock was acquired by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., Janney Montgomery Scott LLC, Maverick Capital Ltd., Parametric Portfolio Associates LLC, South Dakota Investment Council, Blueshift Asset Management LLC, First Trust Advisors LP and Royce & Associates LP. View Insider Buying and Selling for United Natural Foods.

How do I buy shares of United Natural Foods?

Shares of UNFI can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is United Natural Foods' stock price today?

One share of UNFI stock can currently be purchased for approximately $11.90.

How big of a company is United Natural Foods?

United Natural Foods has a market capitalization of $604.76 million and generates $10.23 billion in revenue each year. The company earns $165.67 million in net income (profit) each year or $3.11 on an earnings per share basis.

What is United Natural Foods' official website?

The official website for United Natural Foods is http://www.unfi.com.

How can I contact United Natural Foods?

United Natural Foods' mailing address is 313 IRON HORSE WAY, PROVIDENCE RI, 02908. The company can be reached via phone at 401-528-8634 or via email at [email protected]


MarketBeat Community Rating for United Natural Foods (NASDAQ UNFI)

Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  561 (Vote Outperform)
Underperform Votes:  785 (Vote Underperform)
Total Votes:  1,346
MarketBeat's community ratings are surveys of what our community members think about United Natural Foods and other stocks. Vote "Outperform" if you believe UNFI will outperform the S&P 500 over the long term. Vote "Underperform" if you believe UNFI will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 5/21/2019 by MarketBeat.com Staff

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