S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
China July exports rise, with trade surplus at record-high
pixel
Demand for grocery delivery cools as food costs rise
Shift in war's front seen as ships cleared to leave Ukraine
Dems push Biden climate, health priorities toward Senate OK
pixel
Transit woes mount for Boston's beleaguered subway riders
Dems' climate, energy, tax bill clears initial Senate hurdle
Shift in war's front seen as grain leaves Ukraine; plant hit
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
China July exports rise, with trade surplus at record-high
pixel
Demand for grocery delivery cools as food costs rise
Shift in war's front seen as ships cleared to leave Ukraine
Dems push Biden climate, health priorities toward Senate OK
pixel
Transit woes mount for Boston's beleaguered subway riders
Dems' climate, energy, tax bill clears initial Senate hurdle
Shift in war's front seen as grain leaves Ukraine; plant hit
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
China July exports rise, with trade surplus at record-high
pixel
Demand for grocery delivery cools as food costs rise
Shift in war's front seen as ships cleared to leave Ukraine
Dems push Biden climate, health priorities toward Senate OK
pixel
Transit woes mount for Boston's beleaguered subway riders
Dems' climate, energy, tax bill clears initial Senate hurdle
Shift in war's front seen as grain leaves Ukraine; plant hit
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
China July exports rise, with trade surplus at record-high
pixel
Demand for grocery delivery cools as food costs rise
Shift in war's front seen as ships cleared to leave Ukraine
Dems push Biden climate, health priorities toward Senate OK
pixel
Transit woes mount for Boston's beleaguered subway riders
Dems' climate, energy, tax bill clears initial Senate hurdle
Shift in war's front seen as grain leaves Ukraine; plant hit
NYSE:UNF

UniFirst - UNF Stock Forecast, Price & News

$192.41
+0.03 (+0.02%)
(As of 08/5/2022 12:00 AM ET)
Add
Compare
Today's Range
$190.69
$192.88
50-Day Range
$155.70
$197.27
52-Week Range
$154.72
$232.75
Volume
45,861 shs
Average Volume
80,120 shs
Market Capitalization
$3.60 billion
P/E Ratio
32.67
Dividend Yield
0.62%
Price Target
$195.00

UniFirst MarketRank™ Forecast

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
1.3% Upside
$195.00 Price Target
Short Interest
Healthy
1.76% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-2.16
Upright™ Environmental Score
News Sentiment
0.10mentions of UniFirst in the last 14 days
Based on 4 Articles This Week
Insider Trading
Selling Shares
$246,675 Sold Last Quarter
Proj. Earnings Growth
18.79%
From $6.76 to $8.03 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.01 out of 5 stars

Industrial Products Sector

127th out of 210 stocks

Personal Services Industry

5th out of 16 stocks

UNF stock logo

About UniFirst (NYSE:UNF) Stock

UniFirst Corporation provides workplace uniforms and protective work wear clothing in the United States, Europe, and Canada. The company operates through U.S. and Canadian Rental and Cleaning, Manufacturing, Specialty Garments Rental and Cleaning, and First Aid segments. It designs, manufactures, personalizes, rents, cleans, delivers, and sells a range of uniforms and protective clothing, including shirts, pants, jackets, coveralls, lab coats, smocks, and aprons; and specialized protective wear, such as flame resistant and high visibility garments. The company also rents and sells industrial wiping products, floor mats, facility service products, and dry and wet mops; restroom and cleaning supplies comprising air fresheners, paper products, gloves, masks, sanitizers, and hand soaps; and other textile products. In addition, it provides first aid cabinet services and other safety supplies; decontaminates and cleans work clothes, and other items that is exposed to radioactive materials; and services special cleanroom protective wear and facilities. Further, it offers a range of garment service options, including full-service rental programs in which garments are cleaned and serviced; lease programs in which garments are cleaned and maintained by individual employees; and purchase programs to buy garments and related items directly. The company serves automobile service centers and dealers, delivery services, food and general merchandise retailers, food processors and service operations, light manufacturers, maintenance facilities, restaurants, service companies, soft and durable goods wholesalers, transportation companies, healthcare providers, government agencies, research and development laboratories, high technology companies, and utilities operating nuclear reactors, as well as others who require employee clothing for image, identification, protection, or utility purposes. UniFirst Corporation was founded in 1936 and is headquartered in Wilmington, Massachusetts.

UniFirst Stock Performance

UniFirst stock opened at $192.41 on Friday. The firm has a market cap of $3.60 billion, a price-to-earnings ratio of 32.67 and a beta of 0.93. The firm has a 50 day moving average price of $174.49 and a two-hundred day moving average price of $175.43. UniFirst has a 52-week low of $154.72 and a 52-week high of $232.75.

UniFirst (NYSE:UNF - Get Rating) last issued its quarterly earnings data on Wednesday, June 29th. The textile maker reported $1.77 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.93 by ($0.16). The business had revenue of $511.50 million for the quarter, compared to analyst estimates of $500.61 million. UniFirst had a net margin of 5.74% and a return on equity of 6.86%. The firm's quarterly revenue was up 10.2% compared to the same quarter last year. During the same quarter in the prior year, the business earned $2.21 earnings per share. As a group, equities research analysts predict that UniFirst will post 6.76 EPS for the current fiscal year.

UniFirst Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 28th. Shareholders of record on Wednesday, September 7th will be issued a dividend of $0.30 per share. The ex-dividend date of this dividend is Tuesday, September 6th. This represents a $1.20 dividend on an annualized basis and a yield of 0.62%. UniFirst's payout ratio is 20.37%.

Analysts Set New Price Targets

Several research firms have issued reports on UNF. StockNews.com lowered shares of UniFirst from a "buy" rating to a "hold" rating in a research report on Saturday, May 21st. Robert W. Baird dropped their target price on UniFirst from $213.00 to $195.00 in a report on Wednesday, May 18th.

Insider Buying and Selling

In other news, VP David Martin Katz sold 1,265 shares of UniFirst stock in a transaction dated Friday, July 29th. The stock was sold at an average price of $195.00, for a total transaction of $246,675.00. Following the completion of the sale, the vice president now owns 3,713 shares in the company, valued at approximately $724,035. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. 1.20% of the stock is currently owned by insiders.

Receive UNF Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for UniFirst and its competitors with MarketBeat's FREE daily newsletter.

UNF Stock News Headlines

UniFirst Co. (NYSE:UNF) to Issue $0.30 Quarterly Dividend
Read How UniFirst Fared In Q3
See More Headlines
Receive UNF Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for UniFirst and its competitors with MarketBeat's FREE daily newsletter.

UNF Company Calendar

Ex-Dividend for 6/29 Dividend
6/07/2022
Last Earnings
6/29/2022
Dividend Payable
6/29/2022
Today
8/07/2022
Fiscal Year End
8/31/2022
Ex-Dividend for 9/28 Dividend
9/06/2022
Dividend Payable
9/28/2022
Next Earnings (Estimated)
10/19/2022

Industry, Sector and Symbol

Industry
Personal services
Sub-Industry
Diversified Support Services
CUSIP
90470810
Employees
14,000
Year Founded
1936

Price Target and Rating

Average Stock Price Forecast
$195.00
High Stock Price Forecast
$195.00
Low Stock Price Forecast
$195.00
Forecasted Upside/Downside
+1.3%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
2 Analysts

Profitability

Net Income
$151.11 million
Pretax Margin
7.46%

Debt

Sales & Book Value

Annual Sales
$1.83 billion
Cash Flow
$13.63 per share
Book Value
$99.21 per share

Miscellaneous

Free Float
18,494,000
Market Cap
$3.60 billion
Optionable
Optionable
Beta
0.93

Social Links















UNF Stock - Frequently Asked Questions

Should I buy or sell UniFirst stock right now?

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for UniFirst in the last year. There are currently 1 sell rating and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" UniFirst stock. 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 analyst ratings for UniFirst
or view top-rated stocks.

What is UniFirst's stock price forecast for 2022?

2 brokers have issued 12-month price targets for UniFirst's shares. Their UNF stock forecasts range from $195.00 to $195.00. On average, they anticipate UniFirst's share price to reach $195.00 in the next twelve months. This suggests a possible upside of 1.3% from the stock's current price.
View analysts' price targets for UniFirst
or view top-rated stocks among Wall Street analysts.

How has UniFirst's stock price performed in 2022?

UniFirst's stock was trading at $210.40 at the start of the year. Since then, UNF stock has decreased by 8.6% and is now trading at $192.41.
View the best growth stocks for 2022 here
.

Are investors shorting UniFirst?

UniFirst saw a increase in short interest during the month of July. As of July 15th, there was short interest totaling 261,700 shares, an increase of 49.7% from the June 30th total of 174,800 shares. Based on an average daily trading volume, of 77,500 shares, the days-to-cover ratio is currently 3.4 days. Currently, 1.8% of the shares of the company are sold short.
View UniFirst's Short Interest
.

When is UniFirst's next earnings date?

UniFirst is scheduled to release its next quarterly earnings announcement on Wednesday, October 19th 2022.
View our earnings forecast for UniFirst
.

How were UniFirst's earnings last quarter?

UniFirst Co. (NYSE:UNF) released its quarterly earnings data on Wednesday, June, 29th. The textile maker reported $1.77 earnings per share for the quarter, missing analysts' consensus estimates of $1.93 by $0.16. The textile maker earned $511.50 million during the quarter, compared to analysts' expectations of $500.61 million. UniFirst had a trailing twelve-month return on equity of 6.86% and a net margin of 5.74%. The firm's revenue for the quarter was up 10.2% compared to the same quarter last year. During the same period in the previous year, the company posted $2.21 EPS.

How often does UniFirst pay dividends? What is the dividend yield for UniFirst?

UniFirst announced a quarterly dividend on Wednesday, July 13th. Investors of record on Wednesday, September 7th will be given a dividend of $0.30 per share on Wednesday, September 28th. This represents a $1.20 annualized dividend and a dividend yield of 0.62%. The ex-dividend date of this dividend is Tuesday, September 6th.
View UniFirst's dividend history
.

Is UniFirst a good dividend stock?

UniFirst(NYSE:UNF) pays an annual dividend of $1.20 per share and currently has a dividend yield of 0.62%. UniFirst does not yet have a strong track record of dividend growth. The dividend payout ratio of UniFirst is 20.37%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, UniFirst will have a dividend payout ratio of 14.94% next year. This indicates that UniFirst will be able to sustain or increase its dividend.
View UniFirst's dividend history.

What guidance has UniFirst issued on next quarter's earnings?

UniFirst issued an update on its FY 2022 earnings guidance on Wednesday, July, 27th. The company provided EPS guidance of $6.65-$6.85 for the period, compared to the consensus earnings per share estimate of $6.91. The company issued revenue guidance of $1.99 billion-$2.00 billion, compared to the consensus revenue estimate of $1.97 billion.

What is Steven S. Sintros' approval rating as UniFirst's CEO?

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

What other stocks do shareholders of UniFirst own?

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).

What is UniFirst's stock symbol?

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

Who are UniFirst's major shareholders?

UniFirst's stock is owned by many different institutional and retail investors. Top institutional investors include River Road Asset Management LLC (4.52%), Victory Capital Management Inc. (2.30%), Copeland Capital Management LLC (1.05%), Boston Trust Walden Corp (0.95%), Envestnet Asset Management Inc. (0.39%) and Chartwell Investment Partners LLC (0.32%). Company insiders that own UniFirst stock include Cecelia Levenstein, Cynthia Croatti, David A Difillippo, David Martin Katz, Kathleen M Camilli, Kathleen M Camilli, Matthew Croatti, Michael A Croatti, Michael Iandoli, Phillip L Cohen, Steven S Sintros and William Masters Ross.
View institutional ownership trends for UniFirst
.

How do I buy shares of UniFirst?

Shares of UNF 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.
Compare Top Brokerages Here.

What is UniFirst's stock price today?

One share of UNF stock can currently be purchased for approximately $192.41.

How much money does UniFirst make?

UniFirst (NYSE:UNF) has a market capitalization of $3.60 billion and generates $1.83 billion in revenue each year. The textile maker earns $151.11 million in net income (profit) each year or $5.89 on an earnings per share basis.

How many employees does UniFirst have?

UniFirst employs 14,000 workers across the globe.

When was UniFirst founded?

UniFirst was founded in 1936.

How can I contact UniFirst?

UniFirst's mailing address is 68 JONSPIN RD, WILMINGTON MA, 01887. The official website for UniFirst is www.unifirst.com. The textile maker can be reached via phone at (978) 658-8888, via email at ssintros@unifirst.com, or via fax at 978-988-0659.

This page (NYSE:UNF) was last updated on 8/7/2022 by MarketBeat.com Staff

MarketBeat Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau MarketBeat is rated as Great on TrustPilot

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | contact@marketbeat.com | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Privacy Policy | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart's disclaimer.