NASDAQ:UNFI - United Natural Foods Stock Price, Price Target & More

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$43.80 +1.02 (+2.38 %)
(As of 07/16/2018 02:59 AM ET)
Previous Close$43.80
Today's Range$42.95 - $44.04
52-Week Range$32.52 - $52.69
Volume421,292 shs
Average Volume460,940 shs
Market Capitalization$2.21 billion
P/E Ratio14.17
Dividend YieldN/A
Beta1.45
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 Ratio14.17
Forward P/E Ratio13.64
P/E Growth1.67

Sales & Book Value

Annual Sales$9.27 billion
Price / Sales0.24
Cash Flow$4.2815 per share
Price / Cash10.23
Book Value$33.23 per share
Price / Book1.32

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$2,210.10

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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 authorized a share buyback 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 buy shares of its stock through open market purchases. Stock repurchase plans are usually an indication that the company's management believes its shares are undervalued.

How were United Natural Foods' earnings last quarter?

United Natural Foods Inc (NASDAQ:UNFI) posted its earnings results on Wednesday, June, 6th. The company reported $1.04 earnings per share (EPS) for the quarter, beating the 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 was up 11.8% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.77 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 Tuesday, September, 11th 2018. View Earnings Estimates for United Natural Foods.

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

United Natural Foods updated its FY18 earnings guidance on Wednesday, June, 6th. The company provided EPS guidance of $3.18-3.23 for the period, compared to the Thomson Reuters consensus 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?

16 analysts have issued 12-month price targets for United Natural Foods' shares. Their predictions range from $33.00 to $61.00. On average, they anticipate United Natural Foods' share price to reach $45.0471 in the next twelve months. This suggests a possible upside of 2.8% from the stock's current price. View Analyst Ratings for United Natural Foods.

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

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for United Natural Foods in the last year. There are currently 3 sell ratings, 8 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Hold."

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 impressive strategies have been driving its earnings surprise history. Notably, the company is committed toward achieving core targets for 2018, which includes plans to enhance customer base, improve gross margin, expand e-commerce operations and retain focus on mergers and buyouts. These factors and solid consumer demand fueled United Foods’ third-quarter fiscal 2018 results, wherein the top and bottom lines grew year over year and supernatural sales marked its highest growth rate. We expect such positives and management’s raised outlook to help uplift the stock that has dipped 2.1% in a year, though it fared better than the industry. Well, 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." (6/12/2018)
  • 2. Pivotal Research analysts commented, "We’ve now modeled capex at around 1.0% of sales for FY19-20 (from 0.6% previously). Despite surging revenue, guidance raise seems all tax cut driven – There is little substantive change in the pre-tax earnings range based on each recent guidance revision. After stripping out the impact of the tax rate changes, we estimate that the implied pre-tax income range for FY18 is around $229-$235 million (virtually unchanged from the prior range). The upside in the latest guidance appears to be driven almost entirely by the tax rate. The takeaway is that there is little or no flow through to earnings from the improving top-line outlook. We would infer that most of this incremental volume is coming from Amazon." (3/12/2018)
  • 3. Argus analysts commented, "strengthened" its balance sheet and offered investors "solid" guidance for the full-year in its fourth-quarter earnings report. The firm's David Coleman upgrades United Natural Foods' stock from Hold to Buy with a $49 price target.United Natural Foods guided its full year fiscal 2018 revenue to be higher by 3.8 to 5.8 percent, or $9.63 to $9.81 billion, the analyst highlighted in his upgrade note. The earnings report also demonstrated management's commitment to improving its balance sheet while not shying away from accretive M&A deals.Throughout fiscal 2017 the company oversaw four acquisitions and even more deals are "expected" (9/25/2017)

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 & Pres (Age 58)
  • Mr. Michael Paul Zechmeister, Chief Financial Officer (Age 51)
  • Mr. Sean F. Griffin, Chief Operating Officer (Age 59)
  • Mr. Eric A. Dorne, Chief Admin. & Information Officer (Age 57)
  • Mr. Paul Scott Green, Pres of Pacific Region (Age 56)

Has United Natural Foods been receiving favorable news coverage?

Media coverage about UNFI stock has trended positive this week, according to Accern Sentiment Analysis. The research group rates the sentiment of media coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. United Natural Foods earned a media sentiment score of 0.33 on Accern's scale. They also assigned media coverage about the company an impact score of 46.26 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the near term.

Who are United Natural Foods' major shareholders?

United Natural Foods' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Riverbridge Partners LLC (2.88%), Fisher Asset Management LLC (1.40%), Dalton Greiner Hartman Maher & Co. (0.81%), Winslow Asset Management Inc. (0.42%), Peregrine Capital Management LLC (0.25%) and Handelsbanken Fonder AB (0.17%). 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 major investors are selling United Natural Foods stock?

UNFI stock was sold by a variety of institutional investors in the last quarter, including Riverbridge Partners LLC, Peregrine Capital Management LLC and Fisher Asset Management LLC. 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 major investors are buying United Natural Foods stock?

UNFI stock was bought by a variety of institutional investors in the last quarter, including Dalton Greiner Hartman Maher & Co., Handelsbanken Fonder AB, Winslow Asset Management Inc., Rowland & Co. Investment Counsel ADV and Campbell & CO Investment Adviser LLC. 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 $43.80.

How big of a company is United Natural Foods?

United Natural Foods has a market capitalization of $2.21 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:  469 (Vote Outperform)
Underperform Votes:  637 (Vote Underperform)
Total Votes:  1,106
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 7/16/2018 by MarketBeat.com Staff

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