NYSE:UNF - UniFirst Stock Price, Forecast & News

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

UniFirst announced a quarterly dividend on Wednesday, January 15th. Stockholders of record on Monday, March 9th will be paid a dividend of $0.25 per share on Monday, March 30th. This represents a $1.00 annualized dividend and a dividend yield of 0.48%. The ex-dividend date is Friday, March 6th. View UniFirst's Dividend History.

UniFirst announced that its Board of Directors has initiated a share repurchase plan on Thursday, January 3rd 2019, which authorizes the company to buyback $100,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to purchase up to 3.9% of its stock through open market purchases. Stock buyback plans are usually a sign that the company's board of directors believes its stock is undervalued.

UniFirst Corp (NYSE:UNF) released its earnings results on Wednesday, January, 8th. The textile maker reported $2.52 EPS for the quarter, beating analysts' consensus estimates of $2.01 by $0.51. The textile maker earned $465.40 million during the quarter, compared to the consensus estimate of $459.19 million. UniFirst's revenue was up 6.1% on a year-over-year basis. During the same period in the prior year, the business earned $2.10 EPS. View UniFirst's Earnings History.

UniFirst is scheduled to release their next quarterly earnings announcement on Wednesday, March 25th 2020. View Earnings Estimates for UniFirst.

UniFirst updated its FY20 earnings guidance on Wednesday, January, 8th. The company provided EPS guidance of $7.60-7.92 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $8.13. The company issued revenue guidance of $1.86-1.87 billion, compared to the consensus revenue estimate of $1.87 billion.

2 analysts have issued 12-month price objectives for UniFirst's shares. Their forecasts range from $183.00 to $183.00. On average, they anticipate UniFirst's share price to reach $183.00 in the next year. This suggests that the stock has a possible downside of 12.3%. 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 2 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for UniFirst.

News articles about UNF stock have trended neutral recently, InfoTrie reports. The research group identifies negative and positive media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. UniFirst earned a media sentiment score of 0.2 on InfoTrie's scale. They also assigned news articles about the textile maker a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the company's share price in the near term. View News Stories for UniFirst.

UniFirst saw a increase in short interest in the month of January. As of January 31st, there was short interest totalling 296,300 shares, an increase of 11.9% from the January 15th total of 264,900 shares. Based on an average daily volume of 80,400 shares, the days-to-cover ratio is presently 3.7 days. Approximately 2.0% of the shares of the company are sold short. View UniFirst's Current Options Chain.

Some companies that are related to UniFirst include Cintas (CTAS), Copart (CPRT), Healthcare Services Group (HCSG), Iron Mountain (IRM), KAR Auction Services (KAR), McGrath RentCorp (MGRC), Mobile Mini (MINI), Performant Financial (PFMT) and Viad (VVI).

Based on aggregate information from My MarketBeat watchlists, some companies that other UniFirst investors own include Booking (BKNG), Tesla (TSLA), AbbVie (ABBV), Accenture (ACN), Carnival (CCL), Walt Disney (DIS), Invesco (IVZ), Southern (SO), Teladoc Health (TDOC) and UnitedHealth Group (UNH).

UniFirst's stock is owned by a number of of retail and institutional investors. Top institutional investors include State Street Corp (2.41%), Victory Capital Management Inc. (2.17%), Victory Capital Management Inc. (2.15%), River Road Asset Management LLC (1.41%), Boston Trust Walden Corp (1.23%) and Prudential Financial Inc. (1.10%). 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 AJO LP, Renaissance Technologies LLC, Echo Street Capital Management LLC, UBS Group AG, Victory Capital Management Inc., Royce & Associates LP, Victory Capital Management Inc. and Great Lakes Advisors LLC. Company insiders that have sold UniFirst company stock in the last year 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 Insider Buying and Selling for UniFirst.

UNF stock was bought by a variety of institutional investors in the last quarter, including Rothschild & Co. Asset Management US Inc., William Blair Investment Management LLC, Assenagon Asset Management S.A., Sei Investments Co., River Road Asset Management LLC, WCM Investment Management LLC, Great West Life Assurance Co. Can and Bank of America Corp DE. 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 $208.76.