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

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$34.84 +0.15 (+0.43 %)
(As of 08/17/2018 04:00 PM ET)
Previous Close$34.84
Today's Range$34.61 - $35.28
52-Week Range$31.84 - $52.69
Volume496,162 shs
Average Volume621,780 shs
Market Capitalization$1.71 billion
P/E Ratio13.56
Dividend YieldN/A
Beta1.27
United Natural Foods logoUnited 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 12 natural products retail stores in Florida, Maryland, Massachusetts, and 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 natural products retailer channel. The company serves independently owned natural products 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
SymbolNASDAQ:UNFI
CUSIP91116310
Phone401-528-8634

Debt

Debt-to-Equity Ratio0.26
Current Ratio2.59
Quick Ratio0.95

Price-To-Earnings

Trailing P/E Ratio13.56
Forward P/E Ratio10.85
P/E Growth1.2

Sales & Book Value

Annual Sales$9.27 billion
Price / Sales0.19
Cash Flow$4.3934 per share
Price / Cash7.93
Book Value$33.23 per share
Price / Book1.05

Profitability

EPS (Most Recent Fiscal Year)$2.57
Net Income$130.15 million
Net Margins1.72%
Return on Equity9.06%
Return on Assets5.22%

Miscellaneous

Employees9,700
Outstanding Shares50,460,000
Market Cap$1.71 billion

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 has authorized a stock repurchase plan on Saturday, October 7th 2017, which permits the company to repurchase $200,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to reacquire shares of its stock through open market purchases. Shares repurchase plans are generally 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 earnings results on Wednesday, June, 6th. The company reported $1.04 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.93 by $0.11. The company had revenue of $2.65 billion for the quarter, compared to analysts' expectations of $2.58 billion. United Natural Foods had a return on equity of 9.06% and a net margin of 1.72%. United Natural Foods's revenue for the quarter was up 11.8% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.77 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 Wednesday, September, 12th 2018. 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 FY18 earnings guidance on Wednesday, June, 6th. The company provided earnings per share (EPS) guidance of $3.18-3.23 for the period, compared to the Thomson Reuters consensus EPS estimate of $3.10. The company issued revenue guidance of $10.2-10.3 billion, compared to the consensus revenue estimate of $10.10 billion.

What price target have analysts set for UNFI?

17 equities research analysts have issued twelve-month price targets for United Natural Foods' shares. Their forecasts range from $25.00 to $55.00. On average, they anticipate United Natural Foods' stock price to reach $44.0471 in the next twelve months. This suggests a possible upside of 26.4% 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 3 sell ratings, 10 hold ratings and 4 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 boasts of an impressive earnings surprise history, backed by its impressive strategies. Notably, the company is committed toward achieving core targets for 2018, which includes plans to enhance customer base, improve gross margin and expand e-commerce. These factors and solid consumer demand fueled United Foods’ third-quarter fiscal 2018 results. Supernatural sales also marked its highest growth rate in the quarter. Also, the company has been considering plans to buy SUPERVALU to widen its portfolio. However, higher-than-expected demand has been pressurizing the company’s supply chain, leading to unfavorable fill-rates. Additionally, dismal gross margin trends stemming from unfavorable shift in consumer mix and higher inbound freight costs pose significant worries. Owing to such headwinds shares of the company underperformed the industry in the past year." (8/2/2018)
  • 2. Pivotal Research analysts commented, "We think that UNFI investors have some justification to be concerned following the acquisition announcement for Supervalu. The subsequent sell-off for UNFI is not an over-reaction, in our view. latest results, earnings at both companies are already under incremental pressure heading into the merger. The combined company will be 5x levered. We have not updated our model yet to reflect consolidated pro forma estimates. In relation to UNFI, however, we have viewed its financial performance with some degree of alarm over the past year (particularly following the non-cash related accounting gain of $21 million which was included in the company’s reported EBITDA figure for 3Q18). 17% decline in adj." (7/30/2018)

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)

Has United Natural Foods been receiving favorable news coverage?

Media headlines about UNFI stock have been trending somewhat positive on Saturday, Accern reports. Accern identifies positive and negative news coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. United Natural Foods earned a news impact score of 0.10 on Accern's scale. They also gave media coverage about the company an impact score of 46.69 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the next few days. View Recent Headlines for United Natural Foods.

Who are United Natural Foods' major shareholders?

United Natural Foods' stock is owned by many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (11.67%), Dimensional Fund Advisors LP (8.19%), FMR LLC (3.98%), Bank of New York Mellon Corp (3.64%), Earnest Partners LLC (3.48%) and Riverbridge Partners LLC (2.88%). 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 FMR LLC, Bank of New York Mellon Corp, Riverbridge Partners LLC, Dimensional Fund Advisors LP, Thompson Siegel & Walmsley LLC, Loring Wolcott & Coolidge Fiduciary Advisors LLP MA, Voya Investment Management LLC and American Century Companies Inc.. Company insiders that have sold United Natural Foods company stock in the last year 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 Insider Buying and Selling for United Natural Foods.

Which institutional investors are buying United Natural Foods stock?

UNFI stock was purchased by a variety of institutional investors in the last quarter, including Dalton Greiner Hartman Maher & Co., Millennium Management LLC, BlackRock Inc., Hood River Capital Management LLC, Federated Investors Inc. PA, Handelsbanken Fonder AB, Wells Fargo & Company MN 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 $34.84.

How big of a company is United Natural Foods?

United Natural Foods has a market capitalization of $1.71 billion and generates $9.27 billion in revenue each year. The company earns $130.15 million in net income (profit) each year or $2.57 on an earnings per share basis. United Natural Foods employs 9,700 workers across the globe.

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:  486 (Vote Outperform)
Underperform Votes:  662 (Vote Underperform)
Total Votes:  1,148
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 8/18/2018 by MarketBeat.com Staff

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