United Natural Foods Company Profile (NASDAQ:UNFI)

About United Natural Foods

United Natural Foods logoUnited Natural Foods, Inc. is a distributor and retailer of natural, organic and specialty products. The Company's segments include Wholesale and Other. The Wholesale segment is engaged in the national distribution of natural, organic and specialty foods, produce and related products in the United States and Canada. The Other segment includes a retail division, which engages in the sale of natural foods and related products to the general public through retail storefronts on the east coast of the United States; a manufacturing division, which engages in importing, roasting and packaging of nuts, seeds, dried fruit and snack items, and its branded product lines. Its operations consist of three operating divisions: Wholesale Division, Retail Division, and Manufacturing and Branded Products divisions. As of July 30, 2016, the Company had offered 100,000 natural, organic and specialty foods, and non-food products, consisting of national, regional and private-label brands.

Industry, Sector and Symbol:
  • Sector: Consumer Staples
  • Industry: Food Wholesale
  • Sub-Industry: Food Distributors
  • Exchange: NASDAQ
  • Symbol: UNFI
  • CUSIP: 91116310
Key Metrics:
  • Previous Close: $44.25
  • 50 Day Moving Average: $46.16
  • 200 Day Moving Average: $45.03
  • 52-Week Range: $50,584,000.00 - $29.75
  • Trailing P/E Ratio: 17.86
  • Foreward P/E Ratio: 16.33
  • P/E Growth: 3.81
  • Market Cap: $2.24B
  • Outstanding Shares: 50,584,000
  • Beta: 1.24
Profitability:
  • Net Margins: 1.44%
  • Return on Equity: 8.48%
  • Return on Assets: 4.66%
Debt:
  • Debt-to-Equity Ratio: 0.38%
  • Current Ratio: 2.50%
  • Quick Ratio: 0.92%
Additional Links:
Companies Related to United Natural Foods:

Analyst Ratings

Consensus Ratings for United Natural Foods (NASDAQ:UNFI) (?)
Ratings Breakdown: 3 Sell Ratings, 12 Hold Ratings, 2 Buy Ratings
Consensus Rating:Hold (Score: 1.94)
Consensus Price Target: $39.50 (10.73% downside)

Analysts' Ratings History for United Natural Foods (NASDAQ:UNFI)
Show:
DateFirmActionRatingPrice TargetDetails
1/31/2017Goldman Sachs Group, Inc. (The)Initiated CoverageNeutral$49.00View Rating Details
12/13/2016RBC Capital MarketsReiterated RatingSector Perform$34.00View Rating Details
12/9/2016BMO Capital MarketsSet Price TargetHold$45.00View Rating Details
12/9/2016GuggenheimReiterated RatingBuy$47.00 -> $52.00View Rating Details
11/28/2016Northcoast ResearchReiterated RatingNeutralView Rating Details
9/29/2016Jefferies Group LLCSet Price TargetHold$45.00View Rating Details
9/23/2016Barclays PLCReiterated RatingSell$40.00View Rating Details
9/14/2016Royal Bank of CanadaBoost Price TargetSector Perform$33.00 -> $34.00View Rating Details
9/13/2016Morgan StanleySet Price TargetSell$36.00View Rating Details
9/13/2016Deutsche Bank AGSet Price TargetHold$40.00 -> $43.00View Rating Details
8/16/2016Piper Jaffray CompaniesReiterated RatingNeutral$45.00 -> $40.00View Rating Details
6/7/2016Standpoint ResearchDowngradeBuy -> HoldView Rating Details
6/7/2016Oppenheimer Holdings, Inc.Reiterated RatingHoldView Rating Details
4/15/2016Wells Fargo & CoInitiated CoverageMarket PerformView Rating Details
4/5/2016WedbushReiterated RatingNeutral$32.00 -> $35.00View Rating Details
3/8/2016Canaccord GenuityReiterated RatingBuy$36.00 -> $40.00View Rating Details
3/1/2016Pivotal ResearchLower Price TargetSell$34.00 -> $25.00View Rating Details
2/5/2016Bank of America CorpDowngradeNeutral -> Underperform$35.00 -> $85.00View Rating Details
12/29/2015Tigress FinancialDowngradeHoldView Rating Details
12/8/2015BB&T Co.Lower Price TargetBuy$65.00 -> $58.00View Rating Details
10/19/2015Buckingham ResearchInitiated CoverageBuy$61.00View Rating Details
10/2/2015Citigroup Inc.Lower Price TargetBuy$58.00 -> $57.00View Rating Details
8/22/2015StephensReiterated RatingOverweight$72.00View Rating Details
7/28/2015Cleveland ResearchReiterated RatingNeutralView Rating Details
7/23/2015Imperial CapitalLower Price TargetIn -> line$82.00 -> $65.00View Rating Details
6/16/2015ArgusDowngradeBuy -> HoldView Rating Details
(Data available from 2/26/2015 forward)

Earnings

Earnings History for United Natural Foods (NASDAQ:UNFI)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
3/6/2017        
12/7/2016Q117$0.62$0.58$2.33 billion$2.28 billionViewN/AView Earnings Details
9/12/2016Q416$0.63$0.70$2.21 billionViewN/AView Earnings Details
6/6/2016Q316$0.66$0.76$2.16 billion$2.13 billionViewN/AView Earnings Details
3/7/2016Q216$0.49$0.49$2.07 billion$2.05 billionViewN/AView Earnings Details
12/7/2015Q116$0.68$0.63$2.09 billion$2.08 billionViewN/AView Earnings Details
9/15/2015$0.72$0.72$2.06 billionViewN/AView Earnings Details
6/8/2015Q315$0.85$0.83$2.15 billion$2.11 billionViewN/AView Earnings Details
3/9/2015Q215$0.67$0.65$2.02 billionViewN/AView Earnings Details
12/4/2014Q115$0.63$0.66$1.96 billion$1.99 billionViewN/AView Earnings Details
9/17/2014Q414$0.65$0.67$1.76 billionViewN/AView Earnings Details
6/10/2014Q3 14$0.73$0.73$1.78 billion$1.78 billionViewN/AView Earnings Details
3/10/2014Q214$0.56$0.56$1.64 billion$1.65 billionViewN/AView Earnings Details
12/3/2013Q1$0.54$0.56$1.61 million$1.60 millionViewListenView Earnings Details
9/12/2013Q4 2013$0.60$0.65$1.63 billion$1.64 billionViewListenView Earnings Details
5/28/2013Q3 2013$0.64$0.64$1.56 billion$1.57 billionViewListenView Earnings Details
2/26/2013Q2 2013$0.50$0.46$1.45 billion$1.45 billionViewListenView Earnings Details
11/30/20120.46$0.46$1.41 billionViewListenView Earnings Details
9/11/2012Q412$0.51$0.51$1.32 billion$1.34 billionViewN/AView Earnings Details
6/5/2012$0.56$0.59ViewN/AView Earnings Details
3/6/2012$0.44$0.45ViewN/AView Earnings Details
11/30/2011$0.40$0.40ViewN/AView Earnings Details
9/8/2011$0.42$0.43ViewN/AView Earnings Details
6/2/2011$0.48$0.48ViewN/AView Earnings Details
3/3/2011$0.39$0.39ViewN/AView Earnings Details
12/8/2010$0.39$0.39$1.05 billion$1.05 billionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for United Natural Foods (NASDAQ:UNFI)
Current Year EPS Consensus Estimate: $2.56 EPS
Next Year EPS Consensus Estimate: $2.71 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20169$0.47$0.64$0.56
Q2 201610$0.63$0.84$0.73
Q3 201612$0.59$0.77$0.67
Q4 20166$0.60$0.75$0.65
Q1 20174$0.62$0.69$0.64
Q2 20174$0.48$0.73$0.55
Q3 20174$0.70$0.78$0.75
Q4 20174$0.62$0.72$0.68
Q1 20181$0.64$0.64$0.64
Q2 20181$0.53$0.53$0.53
Q3 20181$0.83$0.83$0.83
Q4 20181$0.74$0.74$0.74
(Data provided by Zacks Investment Research)

Dividends

Dividend History for United Natural Foods (NASDAQ:UNFI)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading History for United Natural Foods (NASDAQ:UNFI)
Insider Ownership Percentage: 1.30%
Institutional Ownership Percentage: 99.29%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
10/16/2015Thomas A. DzikiinsiderSell19,195$53.94$1,035,378.30View SEC Filing  
10/7/2015Donald P McintyreSVPSell1,200$52.94$63,528.00View SEC Filing  
8/24/2015Donald P McintyreSVPSell1,500$46.39$69,585.00View SEC Filing  
8/24/2015Sean GriffinCOOBuy6,521$46.10$300,618.10View SEC Filing  
8/24/2015Steven SpinnerCEOBuy5,500$45.24$248,820.00View SEC Filing  
1/16/2015Mark ShamberCFOSell2,449$77.27$189,234.23View SEC Filing  
1/15/2015Joseph J TraficantiSVPSell9,208$77.07$709,660.56View SEC Filing  
1/14/2015Thomas A DzikiInsiderSell9,200$77.21$710,332.00View SEC Filing  
1/12/2015Mark ShamberCFOSell11,045$76.62$846,267.90View SEC Filing  
1/9/2015Christopher P TestaInsiderSell2,200$77.42$170,324.00View SEC Filing  
1/8/2015Steven SpinnerCEOSell21,872$76.88$1,681,519.36View SEC Filing  
1/5/2015Craig Harder SmithSVPSell2,596$75.51$196,023.96View SEC Filing  
1/2/2015Gail A GrahamDirectorSell1,064$76.92$81,842.88View SEC Filing  
1/2/2015Sean GriffinCOOSell18,586$76.00$1,412,536.00View SEC Filing  
1/2/2015Steven SpinnerCEOSell3,128$76.49$239,260.72View SEC Filing  
12/22/2014Michael S FunkDirectorSell15,000$77.03$1,155,450.00View SEC Filing  
10/6/2014Craig Harder SmithSVPSell9,836$60.71$597,143.56View SEC Filing  
9/19/2014Eric A DorneSVPSell3,081$63.86$196,752.66View SEC Filing  
7/18/2014Thomas A DzikiInsiderSell1,396$61.98$86,524.08View SEC Filing  
7/3/2014Gail A GrahamDirectorSell2,264$66.85$151,348.40View SEC Filing  
6/24/2014Christopher P TestaInsiderSell1,875$63.73$119,493.75View SEC Filing  
10/17/2013Craig Harder SmithInsiderSell5,093$68.82$350,500.26View SEC Filing  
10/16/2013Joseph J TraficantiSVPSell8,730$68.94$601,846.20View SEC Filing  
10/11/2013James HeffernanDirectorSell1,064$67.45$71,766.80View SEC Filing  
9/24/2013David Allen MatthewsInsiderSell1,130$67.46$76,229.80View SEC Filing  
9/24/2013Eric DorneSVPSell1,281$66.98$85,801.38View SEC Filing  
9/19/2013Thomas John GrilleaInsiderSell10,399$67.75$704,532.25View SEC Filing  
9/17/2013David Allen MatthewsInsiderSell5,802$68.06$394,884.12View SEC Filing  
9/17/2013Eric DorneSVPSell2,573$68.04$175,066.92View SEC Filing  
7/12/2013Peter RoyDirectorSell6,000$58.19$349,140.00View SEC Filing  
7/10/2013Thomas John GrilleaInsiderSell1,767$56.74$100,259.58View SEC Filing  
7/9/2013Gail A GrahamDirectorSell2,128$55.07$117,188.96View SEC Filing  
7/8/2013Thomas A DzikiInsiderSell2,141$54.97$117,690.77View SEC Filing  
6/28/2013David Allen MatthewsInsiderSell3,140$54.10$169,874.00View SEC Filing  
6/19/2013Joseph J TraficantiSVPSell1,000$55.26$55,260.00View SEC Filing  
6/13/2013James P HeffernanDirectorSell1,064$53.00$56,392.00View SEC Filing  
6/13/2013Joseph J TraficantiSVPSell1,000$53.38$53,380.00View SEC Filing  
4/2/2013Gordon BarkerDirectorSell3,500$48.05$168,175.00View SEC Filing  
9/13/2012David Allen MatthewsInsiderSell3,068$58.63$179,876.84View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for United Natural Foods (NASDAQ:UNFI)
DateHeadline
News IconTechnical Levels in Focus: United Natural Foods Inc (UNFI) - Baldwin Journal (NASDAQ:UNFI)
baldwinjournal.com - February 24 at 9:49 AM
News IconEquity Review: Looking Closer at Shares of United Natural Foods, Inc. (NASDAQ:UNFI) - Rives Journal (NASDAQ:UNFI)
rivesjournal.com - February 24 at 9:49 AM
News IconUnited Natural Foods To Expand In Providence, R.I. (NASDAQ:UNFI)
www.gourmetretailer.com - February 23 at 11:17 PM
News IconUnited Natural expands in Rhode Island (NASDAQ:UNFI)
www.thepacker.com - February 23 at 2:58 AM
finance.yahoo.com logoUnited Natural Foods to Release Fiscal 2017 Second Quarter Results on March 8, 2017 (NASDAQ:UNFI)
finance.yahoo.com - February 22 at 10:44 AM
bizjournals.com logoResearch Reports Initiation on Food Wholesale Stocks -- Sysco, Hain Celestial, US Foods, and United Natural Foods (NASDAQ:UNFI)
www.bizjournals.com - February 21 at 4:27 PM
News IconNatural and Organic Food Distributor Expands in RI (NASDAQ:UNFI)
www.specialtyfood.com - February 21 at 4:27 PM
4-traders.com logoUnited Natural Foods : Research Reports Initiation on Food Wholesale Stocks -- Sysco, Hain Celestial, US Foods, and United Natural Foods (NASDAQ:UNFI)
www.4-traders.com - February 21 at 4:27 PM
News IconUnited Natural Foods Plans Rhode Island Expansion (NASDAQ:UNFI)
www.usnews.com - February 18 at 11:33 AM
News IconUnited Natural Foods Inc. Expanding in Rhode Island (NASDAQ:UNFI)
www.bevnet.com - February 18 at 11:33 AM
News IconUnited Natural Foods Inc.: 100 New Full-Time Jobs In RI By 2018 (NASDAQ:UNFI)
mundoaguaysaneamiento.net - February 18 at 11:33 AM
nasdaq.com logoUnited Natural Foods is Now Oversold (UNFI) - Nasdaq (NASDAQ:UNFI)
www.nasdaq.com - February 17 at 4:57 PM
News IconInvestor Gauge: Looking at the Levels for United Natural Foods, Inc. (NASDAQ:UNFI) - The Standard (NASDAQ:UNFI)
6milestandard.com - February 17 at 5:21 AM
prnewswire.com logoUnited Natural Foods Inc. Expanding in Rhode Island - PR Newswire (press release) (NASDAQ:UNFI)
www.prnewswire.com - February 17 at 5:21 AM
News IconMarket Focus: Checking Up on Shares of United Natural Foods, Inc. (NASDAQ:UNFI) - The Standard (NASDAQ:UNFI)
6milestandard.com - February 7 at 3:45 PM
News IconPekin Singer Strauss Asset Management Il Cuts Position in United Natural Foods (UNFI) by $22384089 - Highland Mirror (NASDAQ:UNFI)
www.highlandmirror.com - February 7 at 3:45 PM
finance.yahoo.com logoCoverage initiated on United Natural Foods by Goldman (NASDAQ:UNFI)
finance.yahoo.com - February 1 at 7:11 AM
News IconStock Tracker: Looking at the Numbers for United Natural Foods, Inc. (NASDAQ:UNFI) - The Tribune (NASDAQ:UNFI)
lakecitytribune.com - January 28 at 7:30 AM
News IconEarnings in Full Force, Analysts Take Aim at United Natural Foods, Inc. (NASDAQ:UNFI) - Wall Street Beacon (NASDAQ:UNFI)
wsbeacon.com - January 28 at 7:30 AM
News IconTrillium Asset Management LLC Holding in United Nat Foods INC (UNFI) Cut by $3.34 Million - The Randolph Guide (NASDAQ:UNFI)
randolphguide.com - January 28 at 7:30 AM
investornewswire.com logoStrong Sell Recommendations Of United Natural Foods, Inc. (NASDAQ:UNFI) At 2 - Investor Newswire (NASDAQ:UNFI)
www.investornewswire.com - January 24 at 1:48 AM
News IconWhat are Research Firms Saying About United Natural Foods, Inc. (NASDAQ:UNFI)? - Aiken Advocate (NASDAQ:UNFI)
aikenadvocate.com - January 20 at 2:15 AM
capitalcube.com logoUnited Natural Foods, Inc. – Value Analysis (NASDAQ:UNFI) : January 19, 2017 (NASDAQ:UNFI)
www.capitalcube.com - January 19 at 4:11 PM
capitalcube.com logoUnited Natural Foods, Inc. breached its 50 day moving average in a Bearish Manner : UNFI-US : January 18, 2017 (NASDAQ:UNFI)
www.capitalcube.com - January 19 at 6:32 AM
News IconFood & Power: The Walmart of Organics? Whole Foods Moves to Centralized Purchasing (NASDAQ:UNFI)
www.cornucopia.org - January 14 at 6:47 AM
News IconUNFI eyes potential benefits from tax reforms - Supermarket News (NASDAQ:UNFI)
www.supermarketnews.com - January 11 at 8:10 AM
News IconLooking at the Levels for United Natural Foods, Inc. (NASDAQ:UNFI) - Wall Street Beacon (NASDAQ:UNFI)
wsbeacon.com - January 7 at 6:19 AM
4-traders.com logoUnited Natural Foods : UNFI) Gains Ahead of Orlando Conference (NASDAQ:UNFI)
www.4-traders.com - December 30 at 2:25 AM
investornewswire.com logoUnited Natural Foods, Inc. (NASDAQ:UNFI) Records An Impact Score Of 0 - Investor Newswire (NASDAQ:UNFI)
www.investornewswire.com - December 29 at 9:23 PM
finance.yahoo.com logoUnited Natural Foods, Inc. to Participate in the 19th Annual ICR Conference (NASDAQ:UNFI)
finance.yahoo.com - December 29 at 9:23 PM
businesswire.com logoUnited Natural Foods, Inc. to Participate in the 19 th Annual ICR Conference - Business Wire (press release) (NASDAQ:UNFI)
www.businesswire.com - December 29 at 8:02 AM
biz.yahoo.com logoUNITED NATURAL FOODS INC Files SEC form 8-K, Change in Directors or Principal Officers, Financial Statements and Exhi (NASDAQ:UNFI)
biz.yahoo.com - December 23 at 3:27 AM
News IconCan United Natural's (UNFI) Rally Continue Amid Headwinds? - Yahoo Sports (NASDAQ:UNFI)
sports.yahoo.com - December 21 at 3:18 PM
marketexclusive.com logoUNITED NATURAL FOODS, INC. (NASDAQ:UNFI) Files An 8-K Submission of Matters to a Vote of Security Holders - Market Exclusive (NASDAQ:UNFI)
marketexclusive.com - December 21 at 10:31 AM
4-traders.com logoUNITED NATURAL FOODS INC : Submission of Matters to a Vote of Security Holders, Other Events (form 8-K) (NASDAQ:UNFI)
www.4-traders.com - December 20 at 5:46 PM
biz.yahoo.com logoUNITED NATURAL FOODS INC Files SEC form 8-K, Submission of Matters to a Vote of Security Holders, Other Events (NASDAQ:UNFI)
us.rd.yahoo.com - December 20 at 5:46 PM
News IconTrading Scout: Watching Shares of United Natural Foods Inc. (UNFI ... - StockTalk Daily (NASDAQ:UNFI)
stocktalkdaily.com - December 16 at 6:12 AM
News IconF-Score in Focus for United Natural Foods, Inc. (NASDAQ:UNFI) - The Business Journal (NASDAQ:UNFI)
belmontbusinessjournal.com - December 16 at 6:12 AM
finance.yahoo.com logoUNITED NATURAL FOODS INC Financials (NASDAQ:UNFI)
finance.yahoo.com - December 15 at 7:01 AM
seekingalpha.com logoCorporate events for Pinnacle Foods, United Natural Foods and Delta Air Lines (NASDAQ:UNFI)
seekingalpha.com - December 15 at 6:42 AM
News IconFree Cash Flow Score in Focus for United Natural Foods, Inc. (NASDAQ:UNFI) - Marion Business Daily (NASDAQ:UNFI)
marionbusinessdaily.com - December 14 at 7:49 AM
capitalcube.com logoETFs with exposure to United Natural Foods, Inc. : December 13, 2016 (NASDAQ:UNFI)
www.capitalcube.com - December 14 at 7:49 AM
News IconShares in View: United Natural Foods Inc. (UNFI) - Yankee Analysts (NASDAQ:UNFI)
yankeeanalysts.com - December 12 at 8:28 AM
capitalcube.com logoUnited Natural Foods, Inc. :UNFI-US: Earnings Analysis: Q1, 2017 By the Numbers : December 12, 2016 (NASDAQ:UNFI)
www.capitalcube.com - December 12 at 8:27 AM
marketwatch.com logo10-Q: UNITED NATURAL FOODS INC (NASDAQ:UNFI)
www.marketwatch.com - December 9 at 9:38 PM
us.rd.yahoo.com logoEdited Transcript of UNFI earnings conference call or presentation 7-Dec-16 10:00pm GMT (NASDAQ:UNFI)
us.rd.yahoo.com - December 9 at 9:38 PM
barrons.com logo[$$] United Natural: Healthy Food, Healthy Growth (NASDAQ:UNFI)
www.barrons.com - December 9 at 9:38 PM
nasdaq.com logoEarnings Reaction History: United Natural Foods Inc., 42.9% Follow-Through Indicator, 5.7% Sensitive - Nasdaq (NASDAQ:UNFI)
www.nasdaq.com - December 9 at 2:21 AM
News IconUnited Natural Foods, Inc. (NASDAQ:UNFI) Shares Are Downgraded - Stock Market Daily (blog) (NASDAQ:UNFI)
stockmarketdaily.co - December 9 at 2:21 AM
nasdaq.com logoUnited Natural (UNFI) Falls on Q1 Earnings and Sales Miss - Nasdaq - Nasdaq (NASDAQ:UNFI)
www.nasdaq.com - December 9 at 2:21 AM

Social

What is United Natural Foods' stock symbol?

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

Where is United Natural Foods' stock going? Where will United Natural Foods' stock price be in 2017?

17 brokerages have issued 12-month price targets for United Natural Foods' stock. Their forecasts range from $25.00 to $52.00. On average, they expect United Natural Foods' stock price to reach $39.50 in the next twelve months.

When will United Natural Foods announce their earnings?

United Natural Foods is scheduled to release their next quarterly earnings announcement on Monday, March, 6th 2017.

What are analysts saying about United Natural Foods stock?

Here are some recent quotes from research analysts about United Natural Foods stock:

  • According to Zacks Investment Research, "Shares of United Natural has comfortably outperformed the Zacks categorized industry over the past one year. While United Natural posted weaker-than-expected first quarter fiscal 2017 results, sales climbed 9.7% driven by acquisitions. We believe the company’s focus on its acquisition strategies, efforts to increase its market share and improve operational efficiency is the reason for growth. However, earnings declined 3.3% in the quarter. Gross margin expanded in the quarter, but we note that gross margins continued to remain challenging due to competitive pricing pressure, moderated supplier promotional activity, and a reduction in fuel surcharges. Further, the company will face the pressure from food deflation, stiff competition, aggressive promotional environment and waning store traffic." (2/7/2017)

  • Morgan Stanley analysts commented, "UNFI faces top line headwinds across its business that we believe are unlikely to abate," Sinisi wrote in a note to clients."UNFI's core natural/organic packaged food distribution business faces pressure as segment growth shifts more to 'fresh' offerings. At WholeFoods (Whole Foods Market, Inc. (NASDAQ: WFM)), UNFI's largest customer (34 percent of sales), we forecast ~5 percent average sales growth in '16e–'19e, down from ~13 percent on average from '06–'15," Sinisi noted.Related Link: United Natural Foods Announces Acquisition Of An Organic Food Producer"For Independent Natural Retailers (32 percent of sales), competitive pressure from larger chains is unlikely to subside. For Conventional Supermarkets (26 percent of sales), a lost 5 percent customer pressures the segment outlook, and continued self-distribution risk remains," the analyst added.The Broader SectorSinisi expects organic (ex-acquisition) sales growth reaching 5 percent overtime, well below double digit growth levels in recent years.Meanwhile, Sinisi highlighted that "the sales deceleration comes right as United Natural Foods nears completion of an infrastructure investment cycle, driving a about 50bp EBIT (earnings before interest and taxes) margin decline."Sinisi elaborated, "To management's credit, UNFI recognized the shift to 'fresh' and significantly invested in distribution capacity at new and existing DCs in order to serve this segment. As this capacity came online right as sales have slowed (including the lost 5 percent customer), margins are poised to contract ~50bps in '16 by our estimates. Absent a material pick-up in sales, which would likely take time, we do not forecast margins recovering this lost ground."Sinisi's downgrade is also based on the share price move following the 2/29 pre-announcement, as he believes such a move is "unwarranted."What Happened In Late February?"On 2/29, UNFI pre-announced 2Q earnings and lowered its FY16 EPS guidance by 16 percent at the midpoint. Consensus estimates reflect ~8 percent EPS growth in '17/'18, implying 2016 setbacks are more of a blip; we see a fundamental reset and our maintained estimates reflect ~4 percent average growth over that time frame," the analyst said.Sinisi noted that since February 29, "consensus EPS is unchanged while UNFI's P/E multiple has expanded by 20 percent. Coupling recent multiple expansion with a growth reset and the potential for further negative earnings revisions, we see downside potential supporting an UW rating." The analyst sees full-year EPS of $2.35 and $2.40 for the next year."We believe the +20% share price move since 2/29 is unwarranted. We continue to see topline and margin headwinds, driving our '17eEPS ~7 percent below consensus. We downgrade to UW from EW, with 8 percent downside to our $34 PT," (4/11/2016)

Who owns United Natural Foods stock?

United Natural Foods' stock is owned by a number of of institutional and retail investors. Top institutional investors include FMR LLC (11.16%), Dimensional Fund Advisors LP (4.92%), State Street Corp (3.09%), Thompson Siegel & Walmsley LLC (0.90%), Gamco Investors INC. ET AL (0.85%) and Jupiter Asset Management Ltd. (0.82%). Company insiders that own United Natural Foods stock include Donald P Mcintyre, Sean Griffin, Steven Spinner and Thomas A Dziki.

Who sold United Natural Foods stock? Who is selling United Natural Foods stock?

United Natural Foods' stock was sold by a variety of institutional investors in the last quarter, including Jupiter Asset Management Ltd., Teton Advisors Inc., Century Capital Management LLC, State Street Corp, Gabelli Funds LLC, AQR Capital Management LLC, Fiera Capital Corp and Royce & Associates LP.

Who bought United Natural Foods stock? Who is buying United Natural Foods stock?

United Natural Foods' stock was bought by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP, FMR LLC, Thompson Siegel & Walmsley LLC, Russell Investments Group Ltd., Gamco Investors INC. ET AL, Envestnet Asset Management Inc., Cipher Capital LP and Symons Capital Management Inc.. Company insiders that have bought United Natural Foods stock in the last two years include Sean Griffin and Steven Spinner.

How do I buy United Natural Foods stock?

Shares of United Natural Foods can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of United Natural Foods stock cost?

One share of United Natural Foods stock can currently be purchased for approximately $44.25.

United Natural Foods (NASDAQ:UNFI) Chart for Sunday, February, 26, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for United Natural Foods (NASDAQ:UNFI)

Earnings History Chart

Earnings by Quarter for United Natural Foods (NASDAQ:UNFI)

Dividend History Chart

Dividend Payments by Quarter for United Natural Foods (NASDAQ:UNFI)

Last Updated on 2/26/2017 by MarketBeat.com Staff