United Natural Foods Company Profile (NASDAQ:UNFI)

About United Natural Foods (NASDAQ:UNFI)

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 Retail & Distribution
  • Sub-Industry: Food Distributors
  • Symbol: NASDAQ:UNFI
  • CUSIP: 91116310
  • Web: www.unfi.com
Capitalization:
  • Market Cap: $1.99813 billion
  • Outstanding Shares: 50,623,000
Average Prices:
  • 50 Day Moving Avg: $39.87
  • 200 Day Moving Avg: $38.84
  • 52 Week Range: $29.53 - $49.74
P/E:
  • Trailing P/E Ratio: 15.42
  • Foreward P/E Ratio: 13.70
  • P/E Growth: 3.76
Sales & Book Value:
  • Annual Revenue: $9.27 billion
  • Price / Sales: 0.22
  • Book Value: $33.22 per share
  • Price / Book: 1.19
Profitability:
  • EBITDA: $318.94 million
  • Net Margins: 1.40%
  • Return on Equity: 8.10%
  • Return on Assets: 4.50%
Debt:
  • Debt-to-Equity Ratio: 0.22%
  • Current Ratio: 2.36%
  • Quick Ratio: 0.90%
Misc:
  • Average Volume: 842,931 shs.
  • Beta: 1.43
  • Short Ratio: 13.51
 

Frequently Asked Questions for United Natural Foods (NASDAQ:UNFI)

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 approved a stock buyback program on Saturday, October 7th 2017, which authorizes the company to repurchase $200,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to purchase shares of its stock through open market purchases. Stock repurchase programs are often a sign 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 quarterly earnings data on Wednesday, September, 13th. The company reported $0.72 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.70 by $0.02. The firm earned $2.34 billion during the quarter, compared to analyst estimates of $2.36 billion. United Natural Foods had a net margin of 1.40% and a return on equity of 8.10%. The company's quarterly revenue was up 5.7% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.70 earnings per share. View United Natural Foods' Earnings History.

When will United Natural Foods make its next earnings announcement?

United Natural Foods is scheduled to release their next quarterly earnings announcement on Tuesday, December, 5th 2017. 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, September, 13th. The company provided earnings per share guidance of $2.67-2.77 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.68. The company issued revenue guidance of ~$9.63-9.81 billion, compared to the consensus revenue estimate of $9.75 billion.

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

19 equities research analysts have issued 12-month price objectives for United Natural Foods' stock. Their predictions range from $32.00 to $52.00. On average, they expect United Natural Foods' share price to reach $42.18 in the next twelve months. View Analyst Ratings for United Natural Foods.

What are 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, "Shares of United Natural have outpaced the industry in the past three months, primarily backed by its growth initiatives. In the recently reported fourth-quarter fiscal 2017, the company’s earnings benefited from the sale of its stake holdings in Kicking Horse coffee. This indicates that the company has been making solid progress with its rationalizing efforts. Additionally, acquisition-related benefits have been aiding the United Natural’s top-line growth for a while now. Evidently, in the reported quarter, its top line depicted a year-on-year gain of 5.7% owing to Gourmet Guru and Haddon House acquisitions. Also, the company has been gaining from increased consumer preference for natural and organic brands, in spite of the ongoing industry challenges. We also note that United Natural has a murky sales surprise history as the company’s top line has lagged estimates for 11 straight quarters now." (10/10/2017)
  • 2. 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)
  • 3. Pivotal Research analysts commented, "Wed., 9/13. We also expect some preliminary commentary on FY18 guidance. Notably, the Amazon buyout of Whole Foods was announced after UNFI’s 3Q results on 6/6. We think the potential for Whole Foods to source directly will be greatly enhanced under Amazon’s stewardship. For 4Q17, the impact of recently announced restructuring activities should be offset by the gain related to UNFI’s equity stake in Kicking Horse Coffee. Despite two consecutive restructurings announced by UNFI in FY17, core earnings are still to decline in 4Q. The FY18 guidance should better reflect organic revenue trends following the heavy wave of acquisition activity in FY16. We estimate organic revenue growth at UNFI is around 4% (below category growth of around 8%)." (9/12/2017)
  • 4. Royal Bank Of Canada analysts commented, " In the quarter, UNFI's organic growth further decelerated. With each segment facing its own set of challenges, we still believe it's too early to expect an inflation. While we are encouraged by the UNFI Next program (focus on emerging innovation), we believe it is a bit early to count on it as an offset to pressures. Reiterate Sector Perform rating and $34 Price Target." (3/14/2017)
  • 5. Wells Fargo & Company analysts commented, "We are lowering our FY17/18 EPS estimates by $0.02/$0.03 to $2.53/$2.65 (or -2.4%/+4.9% y/y). Reiterate Market Perform.  We model sales below FY17 guidance. UNFI’s Q2 sales growth of +11.6% (vs. our +13.3%) was comprised of roughly +2% organic growth and a +9.5% contribution from M&A. While UNFI no longer provides the organic growth vs. M&A breakdown, we estimate UNFI’s sales to WFM grew +3.5% (vs. our +5% estimate), independent customers grew +9.6% (including 8 points from M&A), and conventional supermarkets grew +26.2% (nearly all M&A). Assuming a 7% contribution from M&A for FY17, UNFI’s revised sales guidance of +11.2% (midpoint) implies +4% organic growth (or +4.5% in 2H vs. 2% in 1H). While UNFI has discussed a +120bps annual impact from new customer wins, we believe the operating environment warrants caution, and continue to model 10% FY17 sales growth (unchanged vs. prior), or 70bps below the low end of UNFI’s range." (3/8/2017)

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:

  • Steven L. Spinner, Chairman of the Board, President, Chief Executive Officer
  • Michael P. Zechmeister, Chief Financial Officer, Senior Vice President, Treasurer
  • Paul S. Green, President, Pacific Region
  • John M. Hummel, President, Central Region
  • Christopher P. Testa, President, Atlantic Region
  • Sean F. Griffin, Chief Operating Officer
  • Joseph J. Traficanti, Senior Vice President, Chief Compliance Officer, General Counsel, Corporate Secretary
  • Danielle Benedict, Senior Vice President - Human Resources
  • Craig H. Smith, Senior Vice President - Fresh Sales
  • Eric A. Dorne, Chief Administrative Officer, Chief Information Officer

Who owns United Natural Foods stock?

United Natural Foods' stock is owned by many different of institutional and retail investors. Top institutional shareholders include Fisher Asset Management LLC (1.39%), Mutual of America Capital Management LLC (0.08%), State Treasurer State of Michigan (0.04%), Moloney Securities Asset Management LLC (0.01%) and Balasa Dinverno & Foltz LLC (0.01%). Company insiders that own United Natural Foods stock include Bates Ann Torre, Eric A Dorne, James P Heffernan, John Michael Hummel, Joseph J Traficanti, Michael Paul Zechmeister, Paul Scott Green, Peter Roy and Sean Griffin. View Institutional Ownership Trends for United Natural Foods.

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 State Treasurer State of Michigan and Mutual of America Capital Management LLC. Company insiders that have sold United Natural Foods stock in the last year include Bates Ann Torre, Eric A Dorne, James P Heffernan, John Michael Hummel, Joseph J Traficanti, Michael Paul Zechmeister, Paul Scott Green, Peter Roy and Sean Griffin. View Insider Buying and Selling for United Natural Foods.

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

United Natural Foods' stock was purchased by a variety of institutional investors in the last quarter, including Moloney Securities Asset Management LLC, Balasa Dinverno & Foltz LLC and Fisher Asset Management LLC. View Insider Buying and Selling for United Natural Foods.

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.

What is United Natural Foods' stock price today?

One share of United Natural Foods stock can currently be purchased for approximately $39.47.


MarketBeat Community Rating for United Natural Foods (NASDAQ UNFI)
Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  411 (Vote Outperform)
Underperform Votes:  550 (Vote Underperform)
Total Votes:  961
MarketBeat's community ratings are surveys of what our community members think about United Natural Foods and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for United Natural Foods (NASDAQ:UNFI) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 5 Sell Ratings, 9 Hold Ratings, 5 Buy Ratings
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $42.18 (6.86% upside)
Consensus Price Target History for United Natural Foods (NASDAQ:UNFI)
Price Target History for United Natural Foods (NASDAQ:UNFI)
Analysts' Ratings History for United Natural Foods (NASDAQ:UNFI)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/17/2017Royal Bank Of CanadaDowngradeSector Perform -> Underperform$36.00 -> $34.00N/AView Rating Details
10/16/2017Susquehanna Bancshares IncInitiated CoverageNeutral$43.00N/AView Rating Details
10/16/2017Jefferies Group LLCReiterated RatingHoldN/AView Rating Details
9/28/2017Barclays PLCReiterated RatingSell$32.00MediumView Rating Details
9/25/2017ArgusUpgradeHold -> Buy$49.00HighView Rating Details
9/18/2017Oppenheimer Holdings, Inc.Reiterated RatingHoldLowView Rating Details
9/14/2017BMO Capital MarketsReiterated RatingMarket Perform$38.00 -> $40.00HighView Rating Details
9/14/2017Buckingham ResearchLower Price TargetBuy$53.00 -> $51.00HighView Rating Details
9/14/2017Bank of America CorporationReiterated RatingUnderperform$35.00 -> $36.00HighView Rating Details
9/14/2017Wells Fargo & CompanyReiterated RatingHold$38.00HighView Rating Details
9/14/2017Loop CapitalReiterated RatingBuy -> Buy$44.00 -> $50.00HighView Rating Details
9/12/2017Pivotal ResearchReiterated RatingSell$32.00MediumView Rating Details
8/11/2017StephensInitiated CoverageEqual -> Equal Weight$50.00LowView Rating Details
6/19/2017Morgan StanleyReiterated RatingUnderweight$36.00 -> $33.00LowView Rating Details
6/11/2017Citigroup Inc.Reiterated RatingBuy$49.00 -> $46.00LowView Rating Details
6/7/2017Deutsche Bank AGLower Price TargetHold$46.00 -> $43.00LowView Rating Details
3/11/2017GuggenheimReiterated RatingBuy$52.00N/AView Rating Details
1/31/2017Goldman Sachs Group, Inc. (The)Initiated CoverageNeutral$49.00N/AView Rating Details
11/28/2016Northcoast ResearchReiterated RatingNeutralN/AView Rating Details
8/16/2016Piper Jaffray CompaniesReiterated RatingNeutral$45.00 -> $40.00N/AView Rating Details
6/7/2016Standpoint ResearchDowngradeBuy -> HoldN/AView Rating Details
4/5/2016WedbushReiterated RatingNeutral$32.00 -> $35.00N/AView Rating Details
3/8/2016Canaccord GenuityReiterated RatingBuy$36.00 -> $40.00N/AView Rating Details
12/29/2015Tigress FinancialDowngradeHoldN/AView Rating Details
12/8/2015BB&T CorporationLower Price TargetBuy$65.00 -> $58.00N/AView Rating Details
(Data available from 10/23/2015 forward)

Earnings

Earnings History for United Natural Foods (NASDAQ:UNFI)
Earnings by Quarter for United Natural Foods (NASDAQ:UNFI)
Earnings History by Quarter for United Natural Foods (NASDAQ UNFI)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
12/5/2017$0.61N/AView Earnings Details
9/13/2017Q4 2017$0.70$0.72$2.36 billion$2.34 billionViewN/AView Earnings Details
6/6/2017Q3 17$0.76$0.77$2.42 billion$2.37 billionViewListenView Earnings Details
3/8/2017Q2 2017$0.50$0.50$2.33 billion$2.29 billionViewListenView Earnings Details
12/7/2016Q117$0.62$0.58$2.33 billion$2.28 billionViewN/AView Earnings Details
9/12/2016Q416$0.63$0.70$2.22 billion$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 billion$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 billion$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$1.74 billion$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)
2017 EPS Consensus Estimate: $2.61
2018 EPS Consensus Estimate: $2.73
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20174$0.62$0.69$0.64
Q2 20174$0.48$0.73$0.55
Q3 20174$0.70$0.76$0.74
Q4 20174$0.62$0.71$0.68
Q1 20183$0.58$0.63$0.61
Q2 20183$0.54$0.55$0.54
Q3 20183$0.81$0.82$0.81
Q4 20183$0.75$0.78$0.77
(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 and Institutional Ownership History for United Natural Foods (NASDAQ:UNFI)
Insider Ownership Percentage: 1.30%
Insider Trades by Quarter for United Natural Foods (NASDAQ:UNFI)
Institutional Ownership by Quarter for United Natural Foods (NASDAQ:UNFI)
Insider Trades by Quarter for United Natural Foods (NASDAQ:UNFI)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
10/12/2017John Michael HummelInsiderSell1,407$40.72$57,293.04View SEC Filing  
10/12/2017Peter RoyDirectorSell2,660$40.43$107,543.80View SEC Filing  
10/6/2017Bates Ann TorreDirectorSell7,190$40.16$288,750.40View SEC Filing  
9/28/2017James P HeffernanDirectorSell2,970$42.45$126,076.50View SEC Filing  
9/26/2017Eric A DorneSVPSell9,321$44.34$413,293.14View SEC Filing  
9/26/2017James P HeffernanDirectorSell2,660$44.28$117,784.80View SEC Filing  
9/26/2017Paul Scott GreenInsiderSell3,374$44.55$150,311.70View SEC Filing  
9/25/2017Michael Paul ZechmeisterCFOSell11,500$44.06$506,690.00View SEC Filing  
9/25/2017Sean GriffinCOOSell6,521$44.60$290,836.60View SEC Filing  
9/22/2017Joseph J TraficantiSVPSell5,800$43.25$250,850.00View SEC Filing  
9/22/2017Sean GriffinCOOSell8,095$43.25$350,108.75View SEC Filing  
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

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United Natural Foods (UNFI) Chart for Monday, October, 23, 2017

This page was last updated on 10/23/2017 by MarketBeat.com Staff

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