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. Stockholders 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 dividend yield of 0.22%. The ex-dividend date is Thursday, September 5th. View UniFirst's Dividend History.

UniFirst announced that its board has initiated a share repurchase program on Thursday, January 3rd 2019, which permits the company to repurchase $100,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to buy up to 3.9% of its shares through open market purchases. Shares repurchase programs are generally an indication that the company's board believes its stock is undervalued.

UniFirst Corp (NYSE:UNF) released its earnings results on Wednesday, June, 26th. The textile maker reported $2.46 earnings per share for the quarter, topping the consensus estimate of $1.70 by $0.76. The textile maker had revenue of $453.72 million for the quarter, compared to analysts' expectations of $441.70 million. UniFirst had a net margin of 9.21% and a return on equity of 9.67%. The company's revenue for the quarter was up 6.2% compared to the same quarter last year. During the same period in the previous year, the company earned $1.85 earnings per share. 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 earnings per share guidance of $8.75-8.85 for the period, compared to the Thomson Reuters consensus 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 anticipate UniFirst's share price to reach $167.50 in the next year. This suggests that the stock has a possible downside of 16.4%. 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.

Media coverage about UNF stock has been trending negative recently, according to InfoTrie Sentiment Analysis. The research group identifies positive and negative media coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. UniFirst earned a news impact score of -2.3 on InfoTrie's scale. They also assigned news stories about the textile maker a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the near term. View News Stories for UniFirst.

UniFirst saw a decrease in short interest in the month of July. As of July 31st, there was short interest totalling 203,500 shares, a decrease of 9.8% from the June 30th total of 225,600 shares. Based on an average daily trading volume, of 117,900 shares, the short-interest ratio is currently 1.7 days. Currently, 1.4% of the shares of the company are short sold. 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), Regis (RGS), CVS Group (CVSG), CEWE Stiftung & Co KGaA (CWC), Park Lawn (PLC), Carriage Services (CSV), EVI Industries (EVI), Care.com (CRCM) and AA (AA).

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 a number of of institutional and retail investors. Top institutional investors include BlackRock Inc. (11.67%), Vanguard Group Inc. (8.38%), Janus Henderson Group PLC (3.78%), Janus Henderson Group PLC (3.78%), Victory Capital Management Inc. (2.68%) and Northern Trust Corp (1.95%). 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 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 bought by a variety of institutional investors in the last quarter, including Man Group plc, Prudential Financial Inc., Nuveen Asset Management LLC, Bessemer Group Inc., Dalton Greiner Hartman Maher & Co., Bank of America Corp DE, Price T Rowe Associates Inc. MD and Northern Trust Corp. 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, Scottrade, Fidelity and Charles Schwab.

One share of UNF stock can currently be purchased for approximately $200.32.

UniFirst has a market capitalization of $3.81 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]