NYSE:UNF - UniFirst Stock Price, News & Analysis

UniFirst trades on the New York Stock Exchange (NYSE) under the ticker symbol "UNF."

UniFirst declared a quarterly dividend on Thursday, June 27th. Investors of record on Friday, September 6th will be given a dividend of $0.1125 per share on Friday, September 27th. This represents a $0.45 annualized dividend and a yield of 0.23%. The ex-dividend date is Thursday, September 5th. View UniFirst's Dividend History.

UniFirst declared that its Board of Directors has approved a stock repurchase plan on Thursday, January 3rd 2019, which allows the company to repurchase $100,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to reacquire up to 3.9% of its shares through open market purchases. Shares repurchase plans are usually a sign that the company's management believes its shares are undervalued.

UniFirst Corp (NYSE:UNF) issued its earnings results on Wednesday, June, 26th. The textile maker reported $2.46 EPS for the quarter, beating the Zacks' consensus estimate of $1.70 by $0.76. The textile maker had revenue of $453.72 million for the quarter, compared to analyst estimates of $441.70 million. UniFirst had a net margin of 9.21% and a return on equity of 9.67%. The firm's quarterly revenue was up 6.2% compared to the same quarter last year. During the same period in the prior year, the business earned $1.85 EPS. View UniFirst's Earnings History.

UniFirst is scheduled to release their next quarterly earnings announcement on Wednesday, October 16th 2019. View Earnings Estimates for UniFirst.

UniFirst updated its FY19 earnings guidance on Wednesday, June, 26th. The company provided EPS guidance of $8.75-8.85 for the period, compared to the Thomson Reuters consensus EPS estimate of $7.95. The company issued revenue guidance of $1.802-1.809 billion, compared to the consensus revenue estimate of $1.79 billion.

2 brokerages have issued 1 year price targets for UniFirst's shares. Their predictions range from $152.00 to $183.00. On average, they expect UniFirst's share price to reach $167.50 in the next year. This suggests that the stock has a possible downside of 14.5%. View Analyst Price Targets for UniFirst.

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for UniFirst in the last year. There are currently 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for UniFirst.

News articles about UNF stock have trended negative recently, InfoTrie Sentiment reports. The research group identifies negative and positive press coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. UniFirst earned a news impact score of -2.9 on InfoTrie's scale. They also gave news coverage about the textile maker a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the stock's share price in the next several days. View News Stories for UniFirst.

UniFirst saw a decrease in short interest in August. As of August 31st, there was short interest totalling 191,200 shares, a decrease of 6.0% from the July 31st total of 203,500 shares. Based on an average trading volume of 121,000 shares, the days-to-cover ratio is presently 1.6 days. Approximately 1.3% of the company's stock are sold short. View UniFirst's Current Options Chain.

Some companies that are related to UniFirst include Service Co. International (SCI), H & R Block (HRB), Boyd Group Income Fund (BYD.UN), Yelp (YELP), Weight Watchers International (WW), InvoCare (IVC), Weight Watchers International (WTW), Park Lawn (PLC), Regis (RGS), CVS Group (CVSG), CEWE Stiftung & Co KGaA (CWC), AA (AA), Carriage Services (CSV), EVI Industries (EVI) and Care.com (CRCM).

Based on aggregate information from My MarketBeat watchlists, some companies that other UniFirst investors own include Coca-Cola European Partners (CCEP), Diplomat Pharmacy (DPLO), UnitedHealth Group (UNH), Costco Wholesale (COST), Netflix (NFLX), xG Technology (XGTI), Abbott Laboratories (ABT), Domino's Pizza (DPZ), Universal Health Services (UHS) and Booking (BKNG).

UniFirst's stock is owned by many different of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (11.67%), BlackRock Inc. (11.67%), Vanguard Group Inc. (8.38%), Janus Henderson Group PLC (3.78%), Janus Henderson Group PLC (3.78%) and Victory Capital Management Inc. (2.68%). Company insiders that own UniFirst stock include Cecelia Levenstein, Cynthia Croatti, David A Difillippo, David Martin Katz, Kathleen M Camilli, Michael A Croatti, Michael Iandoli, Steven S Sintros, The Ronald D Croatti Trust - 1 and William Masters Ross. View Institutional Ownership Trends for UniFirst.

UNF stock was sold by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Westwood Holdings Group Inc., Citadel Advisors LLC, Victory Capital Management Inc., Ellis Investment Partners LLC, Echo Street Capital Management LLC, Atlanta Capital Management Co. L L C and BlackRock Inc.. Company insiders that have sold UniFirst company stock in the last year include Cecelia Levenstein, Cynthia Croatti, David A Difillippo, David Martin Katz, Michael A Croatti, Michael Iandoli, The Ronald D Croatti Trust - 1 and William Masters Ross. View Insider Buying and Selling for UniFirst.

UNF stock was acquired by a variety of institutional investors in the last quarter, including Man Group plc, Prudential Financial Inc., Dalton Greiner Hartman Maher & Co., Nuveen Asset Management LLC, Bessemer Group Inc., Dalton Greiner Hartman Maher & Co., Bank of America Corp DE and Price T Rowe Associates Inc. MD. View Insider Buying and Selling for UniFirst.

Shares of UNF 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, Robinhood, Fidelity and Charles Schwab.

One share of UNF stock can currently be purchased for approximately $195.82.

UniFirst has a market capitalization of $3.72 billion and generates $1.70 billion in revenue each year. The textile maker earns $163.89 million in net income (profit) each year or $7.45 on an earnings per share basis. UniFirst employs 14,000 workers across the globe.View Additional Information About UniFirst.

The official website for UniFirst is http://www.unifirst.com/.

UniFirst's mailing address is 68 JONSPIN RD, WILMINGTON MA, 01887. The textile maker can be reached via phone at 978-658-8888 or via email at [email protected]