About United Natural Foods
United 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
- Previous Close: $43.72
- 50 Day Moving Average: $46.16
- 200 Day Moving Average: $45.03
- 52-Week Range: $29.75 - $52.18
- Trailing P/E Ratio: 17.64
- Foreward P/E Ratio: 16.13
- P/E Growth: 3.81
- Market Cap: $2.21B
- Outstanding Shares: 50,584,000
- Beta: 1.24
- Net Margins: 1.44%
- Return on Equity: 8.48%
- Return on Assets: 4.66%
Companies Related to United Natural Foods:
- Debt-to-Equity Ratio: 0.38%
- Current Ratio: 2.50%
- Quick Ratio: 0.92%
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 brokers have issued 12-month price targets for United Natural Foods' stock. Their predictions range from $25.00 to $52.00. On average, they anticipate United Natural Foods' stock price to reach $39.50 in the next year.
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 retail and institutional 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 acquired 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 $43.72.