UniFirst (UNF) Stock Price, News & Analysis

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for UniFirst in the last year. There are currently 1 sell rating, 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" UNF shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in UNF, but not buy additional shares or sell existing shares.
View UNF analyst ratings or view top-rated stocks.

4 Wall Street analysts have issued twelve-month price targets for UniFirst's stock. Their UNF share price targets range from $160.00 to $203.00. On average, they expect the company's share price to reach $177.00 in the next twelve months. This suggests that the stock has a possible downside of 0.8%.
View analysts price targets for UNF or view top-rated stocks among Wall Street analysts.

UniFirst's stock was trading at $192.99 at the beginning of the year. Since then, UNF shares have decreased by 7.5% and is now trading at $178.46.
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UniFirst saw a increase in short interest during the month of October. As of October 31st, there was short interest totaling 170,900 shares, an increase of 20.1% from the October 15th total of 142,300 shares. Based on an average trading volume of 68,300 shares, the short-interest ratio is presently 2.5 days. Approximately 1.2% of the company's shares are sold short.
View UniFirst's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, January 3rd 2024.
View our UNF earnings forecast.

UniFirst Co. (NYSE:UNF) issued its quarterly earnings data on Wednesday, October, 18th. The textile maker reported $1.75 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.63 by $0.12. The textile maker earned $571.90 million during the quarter, compared to the consensus estimate of $568.22 million. UniFirst had a trailing twelve-month return on equity of 5.92% and a net margin of 4.64%. The business's quarterly revenue was up 10.7% compared to the same quarter last year. During the same period in the prior year, the company earned $1.79 EPS.

UniFirst announced a quarterly dividend on Tuesday, October 24th. Investors of record on Thursday, December 7th will be given a dividend of $0.33 per share on Thursday, January 4th. This represents a $1.32 annualized dividend and a yield of 0.74%. The ex-dividend date is Wednesday, December 6th. This is an increase from the stock's previous quarterly dividend of $0.31.
Read our dividend analysis for UNF.

UniFirst (NYSE:UNF) pays an annual dividend of $1.32 per share and currently has a dividend yield of 0.75%. The company has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 23.91%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, UNF will have a dividend payout ratio of 15.87% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for UNF.

ETFs with the largest weight of UniFirst (NYSE:UNF) stock in their portfolio include Qraft AI-Enhanced Next Value ETF (NVQ) and Invesco S&P SmallCap Industrials ETF (PSCI).SPDR S&P 600 Small Cap ETF (SLY).

UniFirst issued an update on its FY 2024 earnings guidance on Wednesday, October, 18th. The company provided earnings per share (EPS) guidance of $6.52-$7.16 for the period, compared to the consensus earnings per share estimate of $7.50. The company issued revenue guidance of $2.42 billion-$2.44 billion, compared to the consensus revenue estimate of $2.39 billion.

193 employees have rated UniFirst Chief Executive Officer Steven S. Sintros on Glassdoor.com. Steven S. Sintros has an approval rating of 95% among the company's employees. This puts Steven S. Sintros in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other UniFirst investors own include Tesla (TSLA), Walt Disney (DIS), Abbott Laboratories (ABT), Netflix (NFLX), Teladoc Health (TDOC), Carnival Co. & (CCL), Lululemon Athletica (LULU), AbbVie (ABBV), Alibaba Group (BABA) and Booking (BKNG).

UniFirst's stock is owned by a number of institutional and retail investors. Top institutional investors include London Co. of Virginia (5.02%), River Road Asset Management LLC (4.52%), Kayne Anderson Rudnick Investment Management LLC (3.67%), JPMorgan Chase & Co. (2.83%), Victory Capital Management Inc. (2.27%) and Copeland Capital Management LLC (1.59%). Insiders that own company stock include Cynthia Croatti, David A Difillippo, David Martin Katz, Kathleen M Camilli, Kathleen M Camilli, Matthew Croatti, Michael Iandoli, Shane O'connor, Steven S Sintros and William Masters Ross.
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Shares of UNF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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