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

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$13.28 -0.40 (-2.92 %)
(As of 12/12/2018 04:14 AM ET)
Previous Close$13.68
Today's Range$12.91 - $14.07
52-Week Range$12.91 - $52.55
Volume3.65 million shs
Average Volume907,430 shs
Market Capitalization$756.11 million
P/E Ratio4.27
Dividend YieldN/A
Beta1.62
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

Stock Exchange NASDAQ
Industry Groceries, general line
Sub-IndustryFood Distributors
SectorConsumer Staples
Current SymbolNASDAQ:UNFI
Previous Symbol
CUSIP91116310
Phone401-528-8634

Debt

Debt-to-Equity Ratio1.77
Current Ratio1.59
Quick Ratio0.74

Price-To-Earnings

Trailing P/E Ratio4.27
Forward P/E Ratio7.42
P/E Growth1.15

Sales & Book Value

Annual Sales$10.23 billion
Price / Sales0.07
Cash Flow$4.4865 per share
Price / Cash Flow2.96
Book Value$36.58 per share
Price / Book0.36

Profitability

EPS (Most Recent Fiscal Year)$3.11
Net Income$165.67 million
Net Margins1.09%
Return on Equity8.58%
Return on Assets3.51%

Miscellaneous

Employees10,000
Outstanding Shares50,810,000
Market Cap$756.11 million
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 announced that its Board of Directors has approved a share repurchase plan on Saturday, October 7th 2017, which permits the company to repurchase $200,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to repurchase shares of its stock through open market purchases. Stock repurchase plans are typically an indication that the company's board of directors believes its stock is undervalued.

How were United Natural Foods' earnings last quarter?

United Natural Foods Inc (NASDAQ:UNFI) announced its quarterly earnings data on Thursday, December, 6th. The company reported $0.59 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.73 by $0.14. The business had revenue of $2.87 billion for the quarter, compared to the consensus estimate of $2.70 billion. United Natural Foods had a return on equity of 8.58% and a net margin of 1.09%. The company's revenue was up 16.7% compared to the same quarter last year. During the same period in the prior year, the company earned $0.60 earnings per share. 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 Thursday, March 14th 2019. View Earnings Estimates for United Natural Foods.

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

United Natural Foods issued an update on its FY19 earnings guidance on Thursday, December, 6th. The company provided EPS guidance of $1.69-$1.89 for the period, compared to the Thomson Reuters consensus EPS estimate of $3.32. The company issued revenue guidance of $21.5-$22.0 billion, compared to the consensus revenue estimate of $21.52 billion.United Natural Foods also updated its FY 2019 guidance to $1.69-1.89 EPS.

What price target have analysts set for UNFI?

19 equities research analysts have issued 12 month price targets for United Natural Foods' shares. Their forecasts range from $13.69 to $53.00. On average, they expect United Natural Foods' stock price to reach $28.3793 in the next year. This suggests a possible upside of 113.7% from the stock's current price. View Analyst Price Targets for United Natural Foods.

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

19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for United Natural Foods in the last year. There are currently 3 sell ratings, 14 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. Pivotal Research analysts commented, "We’ve reduced our price target accordingly to $14 (from $18) and move to a HOLD. Worse case scenarios still exist, however. If the supply agreement for Whole Foods doesn’t get renewed in 2025 (or significant pricing concessions are made), UNFI could be a potentially un-investable stock. In relation to the Supervalu transaction, there is still a great deal of variability around the price target based on rapidly shrinking levels of EBITDA and very high debt levels. Relative to our FY19 estimates, leverage is 5.8x EBITDA. Based on comparable assumptions, FY19 EBITDA guidance has already been reduced by at least 15% from the initial range that was provided just a few months ago. A further 10% hit to FY19 EBITDA would result in a $6 price target based on a target multiple of 7.0x EV/EBITDA." (12/11/2018)
  • 2. According to Zacks Investment Research, "United Natural has been persistently gaining from rising consumer demand, which indicates that the company’s growth efforts have been yielding well. In fact, during the fourth quarter of fiscal 2018 the company’s top-line increased year on year buoyed by solid demand witnessed across most sales channels. Also, the company’s food service channel has been performing well. Further, management predicts to continue reaping gains from robust customer services and enhanced demand for better-for-you products. Apart from these, the company has been focusing on strengthening its online business through improved assortments. We expect such upsides to aid a turnaround in the stock which has declined and lagged the industry in the past three months. This can be attributed to dismal gross margin trends, stemming from unfavorable shift in consumer mix and higher inbound freight costs. Unfavorable fill-rates also pose as significant worries." (11/29/2018)

Has United Natural Foods been receiving favorable news coverage?

Headlines about UNFI stock have been trending positive recently, InfoTrie Sentiment Analysis reports. The research firm identifies negative and positive news coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. United Natural Foods earned a coverage optimism score of 2.6 on InfoTrie's scale. They also gave news stories about the company a news buzz of 3.0 out of 10, meaning that recent news coverage is unlikely to have an impact on the company's share price in the near future.

Who are some of United Natural Foods' key competitors?

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. Officer, Chief Information Officer & Pres of Bus. Strategic Units (Age 57)
  • Mr. Sean F. Griffin, Head of Integration (Age 59)
  • Mr. Paul Scott Green, Chief Supply Chain Officer (Age 56)

Who are United Natural Foods' major shareholders?

United Natural Foods' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (12.16%), Vanguard Group Inc. (9.11%), Kiltearn Partners LLP (8.88%), Dimensional Fund Advisors LP (8.30%), FMR LLC (4.64%) and Thompson Siegel & Walmsley LLC (1.80%). 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 Fisher Asset Management LLC, JPMorgan Chase & Co., JPMorgan Chase & Co., AXA, Gamco Investors INC. ET AL, Prudential Financial Inc., Clean Yield Group and Gabelli Funds LLC. Company insiders that have sold United Natural Foods company stock in the last year include Christopher P Testa, Craig Harder Smith, James P Heffernan, John Michael Hummel, Joseph J Traficanti, Peter Roy, Sean Griffin and Steven Spinner. View Insider Buying and Selling for United Natural Foods.

Which institutional investors are buying United Natural Foods stock?

UNFI stock was bought by a variety of institutional investors in the last quarter, including Thompson Siegel & Walmsley LLC, Kiltearn Partners LLP, Royce & Associates LP, FMR LLC, Renaissance Technologies LLC, Morgan Stanley, BlackRock Inc. and Psagot Investment House Ltd.. 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 $13.28.

How big of a company is United Natural Foods?

United Natural Foods has a market capitalization of $756.11 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. United Natural Foods employs 10,000 workers across the globe.

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:  529 (Vote Outperform)
Underperform Votes:  733 (Vote Underperform)
Total Votes:  1,262
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 12/12/2018 by MarketBeat.com Staff

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