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

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$15.05 +0.10 (+0.67 %)
(As of 02/21/2019 04:35 AM ET)
Previous Close$14.95
Today's Range$14.7425 - $15.17
52-Week Range$9.23 - $49.40
Volume825,419 shs
Average Volume1.80 million shs
Market Capitalization$764.75 million
P/E Ratio4.84
Dividend YieldN/A
Beta2.15
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

Industry Groceries, general line
Sub-IndustryFood Distributors
SectorConsumer Staples
Current SymbolNASDAQ:UNFI
CUSIP91116310
Phone401-528-8634

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$10.23 billion
Cash Flow$7.1327 per share
Book Value$36.02 per share

Profitability

Net Income$165.67 million

Miscellaneous

Employees10,000
Market Cap$764.75 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 has initiated a stock buyback program on Saturday, October 7th 2017, which allows the company to repurchase $200,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to buy shares of its stock through open market purchases. Stock repurchase programs are usually a sign that the company's board believes its stock is undervalued.

How were United Natural Foods' earnings last quarter?

United Natural Foods Inc (NASDAQ:UNFI) posted its quarterly earnings results on Thursday, December, 6th. The company reported $0.59 EPS for the quarter, missing the consensus estimate of $0.73 by $0.14. The firm earned $2.87 billion during the quarter, compared to analysts' expectations of $2.70 billion. United Natural Foods had a return on equity of 8.58% and a net margin of 1.09%. The firm's quarterly revenue was up 16.7% compared to the same quarter last year. During the same period in the prior 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 guidance of $1.69-$1.89 for the period, compared to the Thomson Reuters consensus earnings per share 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?

18 brokerages have issued 1 year price objectives for United Natural Foods' stock. Their forecasts range from $13.69 to $53.00. On average, they expect United Natural Foods' stock price to reach $26.7636 in the next twelve months. This suggests a possible upside of 77.8% from the stock's current price. View Analyst Price Targets for United Natural Foods.

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

18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for United Natural Foods in the last year. There are currently 3 sell ratings, 13 hold ratings and 2 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’s shares have declined and lagged the industry in the past three months. The downside was caused by dismal gross margin trends stemming from unfavorable shift in consumer mix and higher inbound freight costs. High fuel costs are a major reason for increased fright expenses. Moreover, supplier’s inability to meet demand conditions has been putting pressure on the company’s supply chain. Additionally, the company has also been bearing high labor expenses across several distribution centers. Nevertheless, the company is gaining from rising consumer demand. In fact, during the first quarter of fiscal 2019, top line increased year on year buoyed by solid demand across most sales channels. Further, well-chalked acquisitions have boosted portfolio strength, and enhanced revenue opportunities. In this respect, management expects significant gains from the buyout of SUPERVALU in the forthcoming periods." (2/8/2019)
  • 2. Pivotal Research analysts commented, "We’ve reduced our price target accordingly to $14 (from $18) and move to a HOLD. Worse case scenarios still exist, however. If the supply agreement for Whole Foods doesn’t get renewed in 2025 (or significant pricing concessions are made), UNFI could be a potentially un-investable stock. In relation to the Supervalu transaction, there is still a great deal of variability around the price target based on rapidly shrinking levels of EBITDA and very high debt levels. Relative to our FY19 estimates, leverage is 5.8x EBITDA. Based on comparable assumptions, FY19 EBITDA guidance has already been reduced by at least 15% from the initial range that was provided just a few months ago. A further 10% hit to FY19 EBITDA would result in a $6 price target based on a target multiple of 7.0x EV/EBITDA." (12/11/2018)

Has United Natural Foods been receiving favorable news coverage?

News articles about UNFI stock have been trending somewhat positive recently, according to InfoTrie Sentiment Analysis. InfoTrie identifies negative and positive media coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. United Natural Foods earned a news impact score of 1.7 on InfoTrie's scale. They also gave headlines about the company a news buzz of 5.0 out of 10, meaning that recent media coverage is somewhat likely to have an effect on the company's share price in the next several days.

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. & Information Officer and Pres of Bus. Strategic Units (Age 57)
  • Mr. Paul Scott Green, Chief Supply Chain Officer (Age 56)
  • Mr. Sean F. Griffin, Chief Exec. Officer of SUPERVALU Inc. (Age 59)

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. (14.81%), Kiltearn Partners LLP (9.30%), Dimensional Fund Advisors LP (8.27%), Towle & Co. (3.00%), Two Sigma Investments LP (2.20%) and Two Sigma Advisers LP (1.62%). 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 Nordea Investment Management AB, Bank of America Corp DE, Gamco Investors INC. ET AL, Trillium Asset Management LLC, Gabelli Funds LLC, Northern Trust Corp, American International Group Inc. and KBC Group NV. Company insiders that have sold United Natural Foods company stock in the last year include James P Heffernan, Joseph J Traficanti, Peter Roy 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 Towle & Co., BlackRock Inc., Two Sigma Investments LP, Two Sigma Advisers LP, Prudential Financial Inc., Oregon Public Employees Retirement Fund, Kiltearn Partners LLP and Principal Financial Group Inc.. 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 $15.05.

How big of a company is United Natural Foods?

United Natural Foods has a market capitalization of $764.75 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:  542 (Vote Outperform)
Underperform Votes:  759 (Vote Underperform)
Total Votes:  1,301
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 2/21/2019 by MarketBeat.com Staff

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