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

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$13.68 -1.20 (-8.06 %)
(As of 12/10/2018 04:00 PM ET)
Previous Close$14.88
Today's Range$13.64 - $14.91
52-Week Range$13.64 - $52.55
Volume7.11 million shs
Average Volume895,847 shs
Market Capitalization$756.11 million
P/E Ratio4.40
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 Ratio4.40
Forward P/E Ratio7.64
P/E Growth1.15

Sales & Book Value

Annual Sales$10.23 billion
Price / Sales0.07
Cash Flow$4.6216 per share
Price / Cash Flow2.96
Book Value$36.58 per share
Price / Book0.37

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 Shares51,310,000
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 declared that its Board of Directors has authorized a share repurchase program on Saturday, October 7th 2017, which allows the company to repurchase $200,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to purchase shares of its stock through open market purchases. Stock repurchase programs are generally a sign that the company's leadership believes its shares are undervalued.

How were United Natural Foods' earnings last quarter?

United Natural Foods Inc (NASDAQ:UNFI) released its quarterly earnings results on Thursday, December, 6th. The company reported $0.59 earnings per share (EPS) for the quarter, missing analysts' consensus estimates 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%. United Natural Foods's revenue for the quarter was up 16.7% compared to the same quarter last year. During the same period in the previous year, the business posted $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 earnings per share (EPS) guidance of $1.69-$1.89 for the period, compared to the Thomson Reuters consensus 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 analysts have issued 1 year price objectives for United Natural Foods' stock. Their predictions range from $14.00 to $53.00. On average, they expect United Natural Foods' share price to reach $30.7773 in the next year. This suggests a possible upside of 125.0% 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 4 sell ratings, 12 hold ratings and 3 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 reiterate our price target of $18 which remains highly sensitive based on target debt and EBITDA levels. The recent operational missteps reflected in Supervalu’s latest financials need to be better accounted for in guidance. Based on UNFI’s high leverage and earnings volatility, we estimate $25 million of variability in annual EBITDA has a $3/share corresponding impact on the price target. Consensus estimates remain way too high for FY19 – Based on the close of the stock market on Dec. 5, UNFI is now set to report 1Q19 results after the close on Thu., 12/6 followed by an earnings call at 5 pm EST (dial in #: 877.682.3423 and conf. ID: 6861809). Ahead of the print, UNFI has announced the sale of Hornbacher’s retail banner in Fargo ND. The sale includes a long-term supply agreement with Supervalu." (12/4/2018)
  • 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?

Media stories about UNFI stock have trended somewhat positive recently, according to InfoTrie. The research firm ranks the sentiment of press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. United Natural Foods earned a news impact score of 1.9 on InfoTrie's scale. They also assigned media coverage about the company a news buzz of 7.0 out of 10, meaning that recent press coverage is likely to have an effect on the company's share price in the next few days.

Are investors shorting United Natural Foods?

United Natural Foods saw a increase in short interest during the month of October. As of October 31st, there was short interest totalling 8,468,884 shares, an increase of 50.9% from the October 15th total of 5,610,405 shares. Based on an average trading volume of 1,354,247 shares, the days-to-cover ratio is presently 6.3 days. Approximately 16.9% of the company's shares are sold short. View United Natural Foods' Current Options Chain.

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 institutional and retail investors. Top institutional investors 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 major 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 major investors are buying United Natural Foods stock?

UNFI stock was acquired 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 $13.68.

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:  730 (Vote Underperform)
Total Votes:  1,259
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 12/10/2018 by MarketBeat.com Staff

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