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

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$13.24 +0.14 (+1.07 %)
(As of 03/26/2019 10:10 AM ET)
Previous Close$13.10
Today's Range$13.12 - $13.34
52-Week Range$9.23 - $47.73
Volume60,404 shs
Average Volume1.69 million shs
Market Capitalization$672.86 million
P/E Ratio4.26
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$6.2749 per share
Book Value$36.02 per share

Profitability

Net Income$165.67 million

Miscellaneous

EmployeesN/A
Market Cap$672.86 million
Next Earnings Date6/5/2019 (Estimated)
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 announced that its board has initiated a stock buyback program on Saturday, October 7th 2017, which permits the company to buyback $200,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to reacquire shares of its stock through open market purchases. Stock buyback programs are often a sign that the company's management believes its stock is undervalued.

How were United Natural Foods' earnings last quarter?

United Natural Foods Inc (NASDAQ:UNFI) issued its quarterly earnings results on Tuesday, March, 5th. The company reported $0.44 EPS for the quarter, topping the consensus estimate of $0.23 by $0.21. United Natural Foods had a return on equity of 8.58% and a net margin of 1.09%. During the same quarter in the prior year, the company earned $0.71 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, June 5th 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 FY 2019 earnings guidance on Tuesday, March, 5th. The company provided EPS guidance of $2.00-2.40 for the period, compared to the Thomson Reuters consensus estimate of $1.71. The company issued revenue guidance of $21.5-22 billion, compared to the consensus revenue estimate of $21.48 billion.

What price target have analysts set for UNFI?

17 equities research analysts have issued 12-month price targets for United Natural Foods' shares. Their forecasts range from $8.00 to $35.00. On average, they expect United Natural Foods' stock price to reach $21.5575 in the next twelve months. This suggests a possible upside of 62.6% 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 5 sell ratings, 10 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 gained in the past three months. Notably, the company is witnessing growth across sales channels, supported by strong brands, efficient strategies and solid consumer demand. Speaking of strategies, the buyout of SUPERVALU is contributing significantly to the top line.  We note that management is on track with the integration of legacy SUPERVALU, which is expected to generate synergies worth more than $185 million in the fourth year of the deal. However, the company’s gross margin performance has been dismal for a while. During second-quarter fiscal 2019, gross margin was weighed by adverse shift in consumer mix and lower gross profit rate at SUPERVALU. Moreover, challenges across the company’s distribution centers have been a drag on performance.  Such headwinds have also led to enhanced transportation, labor and shrink costs. Persistence of these challenges is a worry." (3/19/2019)
  • 2. Pivotal Research analysts commented, "We’ve lowered our FY19 EBITDA est. from $598 million to $527 million. The latest operational challenges are specific to several acquired facilities in the legacy Supervalu distribution network. There were some positives in 2Q including $200 million of new business and $165 million in debt reduction. Still, the rapid succession of the recent guidance cuts confirms many of our initial concerns about Supervalu, including the fact that UNFI has acquired a business that was itself undergoing major transitional issues following several recent acquisitions with unfinished integration work." (3/7/2019)

Has United Natural Foods been receiving favorable news coverage?

News stories about UNFI stock have trended somewhat negative this week, according to InfoTrie. The research firm scores the sentiment of press coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. United Natural Foods earned a media sentiment score of -1.4 on InfoTrie's scale. They also gave news coverage about the company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the stock's share price in the next several days.

Who are some of United Natural Foods' key competitors?

What other stocks do shareholders of United Natural Foods own?

Based on aggregate information from My MarketBeat watchlists, some companies that other United Natural Foods investors own include Hawkins (HWKN), Micron Technology (MU), Starbucks (SBUX), Whole Foods Market (WFM), Tesla (TSLA), CA (CA), First Data (FDC), Constellation Brands (STZ), Intel (INTC) and Celgene (CELG).

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 a number of 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%), FMR LLC (2.30%) and Two Sigma Investments LP (2.20%). 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 FMR LLC, Nordea Investment Management AB, Bank of America Corp DE, Gamco Investors INC. ET AL, Trillium Asset Management LLC, Gabelli Funds LLC, Northern Trust Corp and American International Group Inc.. Company insiders that have sold United Natural Foods company stock in the last year include James P Heffernan, Joseph J Traficanti 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 Towle & Co., BlackRock Inc., Norges Bank, Two Sigma Investments LP, Two Sigma Advisers LP, Prudential Financial Inc., Valueworks LLC and Oregon Public Employees Retirement Fund. 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 $13.26.

How big of a company is United Natural Foods?

United Natural Foods has a market capitalization of $673.87 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.

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:  551 (Vote Outperform)
Underperform Votes:  769 (Vote Underperform)
Total Votes:  1,320
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 3/26/2019 by MarketBeat.com Staff

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