NYSE:UNFI

United Natural Foods (UNFI) Stock Forecast, Price & News

$14.69

+0.96 (+6.99%)

(As of 09/27/2023 ET)

Compare

Today's Range: $13.60
▼
$14.76
50-Day Range: $13.73
▼
$21.14
52-Week Range: $13.57
▼
$47.88

Volume: 2.24 million shs
Average Volume: 777,064 shs
Market Capitalization: $860.83 million

P/E Ratio: 41.97
Dividend Yield: N/A
Price Target: $29.00

United Natural Foods MarketRank™ Forecast

Analyst Rating: Hold
2.11 Rating Score
Upside/Downside: 58.8% Upside
$23.33 Price Target
Short Interest: Healthy
4.81% of Shares Sold Short
Dividend Strength: N/A
Sustainability: -2.76
Upright™ Environmental Score
News Sentiment: 0.86
Based on 35 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 38.31%
From $2.01 to $2.78 Per Share

Overall MarketRank^™

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

2.69 out of 5 stars

Consumer Staples Sector

36th out of 133 stocks

Groceries, General Line Industry

3rd out of 5 stocks

3.0

Analyst's Opinion

Consensus Rating
United Natural Foods has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 7 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $23.33, United Natural Foods has a forecasted upside of 58.8% from its current price of $14.69.
Amount of Analyst Coverage
United Natural Foods has only been the subject of 2 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
4.81% of the outstanding shares of United Natural Foods have been sold short.
Short Interest Ratio / Days to Cover
United Natural Foods has a short interest ratio ("days to cover") of 4.5.
Change versus previous month
Short interest in United Natural Foods has recently decreased by 1.05%, indicating that investor sentiment is improving.

0.0

Dividend Strength

Dividend Yield
United Natural Foods does not currently pay a dividend.
Dividend Growth
United Natural Foods does not have a long track record of dividend growth.

2.4

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
United Natural Foods has received a 12.32% net impact score from Upright. The largest positive contribution comes from its "Nutrition" impact, which is mostly driven by its "Wholesale of vegetables", "Wholesale of fruits", "Wholesale of cereal products", and "Wholesale of ready meals" products. See details.
Environmental Sustainability
The Environmental Impact score for United Natural Foods is -2.76.

3.3

News and Social Media Coverage

News Sentiment
United Natural Foods has a news sentiment score of 0.86. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.67 average news sentiment score of Consumer Staples companies.
News Coverage This Week
MarketBeat has tracked 35 news articles for United Natural Foods this week, compared to 5 articles on an average week.
Search Interest
Only 7 people have searched for UNFI on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
MarketBeat Follows
5 people have added United Natural Foods to their MarketBeat watchlist in the last 30 days. This is an increase of 25% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, United Natural Foods insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 1.40% of the stock of United Natural Foods is held by insiders.
Percentage Held by Institutions
88.85% of the stock of United Natural Foods is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.8

Earnings and Valuation

Earnings Growth
Earnings for United Natural Foods are expected to grow by 38.31% in the coming year, from $2.01 to $2.78 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of United Natural Foods is 6.90, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 123.58.
Price to Earnings Ratio vs. Sector
The P/E ratio of United Natural Foods is 6.90, which means that it is trading at a less expensive P/E ratio than the Consumer Staples sector average P/E ratio of about 22.75.
Price to Book Value per Share Ratio
United Natural Foods has a P/B Ratio of 0.48. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About United Natural Foods (NYSE:UNFI) Stock

United Natural Foods, Inc., together with its subsidiaries, distributes natural, organic, specialty, produce, and conventional grocery and non-food products in the United States and Canada. It operates in two segments, Wholesale and Retail. The company offers grocery and general merchandise, produce, perishables and frozen foods, nutritional supplements and sports nutrition, bulk and foodservice products, and personal care items. It also provides nuts, dried fruit, seeds, trail mixes, granola, natural and organic snack items, and confections under the Woodstock Farms Manufacturing name; organic, non-GMO project verified, and specialty food and non-food items under the Blue Marble brand; pet food under the WILD HARVEST brand; and imported Greek feta cheese and organic ramen under the MT.VIKOS, KOYO, ASIAN GOURMET, MEDITERRANEAN ORGANIC, and NATURAL SEA brands, as well as various products under the TUMARO'S, ESSENTIAL EVERYDAY, SHOPPERS VALUE, Field Day, EQUALINE, CULINARY CIRCLE, ARCTIC SHORES SEAFOOD COMPANY, STONE RIDGE CREAMERY, and SUPER CHILL brands. In addition, the company provides home, health and beauty care, and pharmacy products, as well as private label products through a network of 73 Cub Foods and Shoppers retail grocery stores; and retail store support, pricing strategy, shelf and planogram management, advertising, couponing, ecommerce, consumer convenience, store design, equipment sourcing, electronic payments processing, network and data hosting, point-of-sale hardware and software, automation tools, sustainability, and administrative back-office solution services. Further, it offers consumer and trade marketing programs, and programs to support suppliers in understanding its markets. The company serves chains, independent retailers, and supernatural chains, as well as foodservice, ecommerce, conventional military business, and other sales customers. United Natural Foods, Inc. was founded in 1976 and is headquartered in Providence, Rhode Island.

UNFI Price History

30 days | 90 days | 365 days | Advanced Chart

UNFI Stock News Headlines

September 26, 2023 | marketbeat.com

Cintas, United Natural Foods fall; Ferguson rises, Tuesday, 9/26/2023

Stocks that are trading heavily or have substantial price changes on Tuesday: Cintas, United Natural Foods fall; Ferguson rises

September 28, 2023 | americanbankingnews.com

United Natural Foods (NYSE:UNFI) PT Lowered to $15.00

September 28, 2023 | Behind the Markets (Ad)

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September 28, 2023 | americanbankingnews.com

United Natural Foods (NYSE:UNFI) Price Target Lowered to $13.00 at BMO Capital Markets

September 28, 2023 | americanbankingnews.com

United Natural Foods (NYSE:UNFI) Sees Strong Trading Volume After Earnings Beat

September 27, 2023 | finance.yahoo.com

United Natural (UNFI) Reports Q4 Loss, Lags Sales Estimate

September 27, 2023 | finance.yahoo.com

United Natural Foods, Inc. (NYSE:UNFI) Q4 2023 Earnings Call Transcript

September 27, 2023 | finance.yahoo.com

Q4 2023 United Natural Foods Inc Earnings Call

September 28, 2023 | Stansberry Research (Ad)

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September 26, 2023 | finance.yahoo.com

United Natural Foods Shares Crater After Posting a Loss and Its Guidance Misses Estimates

September 26, 2023 | msn.com

United Natural Foods Stock Tumbles on Weak Guidance

September 26, 2023 | finance.yahoo.com

United Natural Foods, Inc. Reports Fourth Quarter and Full Year Fiscal 2023 Results

September 26, 2023 | nasdaq.com

United Natural Foods (UNFI) Reports Q4 Loss, Misses Revenue Estimates

September 26, 2023 | markets.businessinsider.com

Why Grocery Wholesaler United Natural Foods Shares Are Tumbling Today

September 26, 2023 | barrons.com

United Natural Foods Stock Tumbles. What’s Behind the Move.

September 26, 2023 | msn.com

United Natural Foods Stock Falls on Weak Guidance

September 26, 2023 | finance.yahoo.com

Here's Why United Natural Foods Stock Crashed Today

September 26, 2023 | proactiveinvestors.com

United Natural Foods shares fall on quarterly loss and disappointing guidance

September 26, 2023 | finance.yahoo.com

Are These 2 Stocks Pointing to a Tough Earnings Season Ahead?

September 26, 2023 | finance.yahoo.com

United Natural Foods Announces the Appointment of New Independent Directors as Part of its Transformation Plan to Drive Shareholder Value Creation

September 26, 2023 | msn.com

Stocks making the biggest moves premarket: Fisker, Tesla, United Natural Foods and more

September 26, 2023 | markets.businessinsider.com

United Natural Foods Posts Loss In Q4; Announces Board-led Financial Review, Shares Plummet

September 26, 2023 | msn.com

United Natural Foods’ stock slides after company swings to loss amid lower inflation benefits

September 26, 2023 | seekingalpha.com

United Natural Foods sheds 20% after warning profit will fall further

September 26, 2023 | marketwatch.com

: United Natural Foods’ stock tanks after company swings to loss amid lower inflation benefits

September 25, 2023 | finance.yahoo.com

Costco earnings, United Natural Foods, new home sales: 3 things to watch

September 25, 2023 | msn.com

United Natural Foods Q4 2023 Earnings Preview

See More Headlines

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UNFI Company Calendar

Last Earnings: 9/26/2023
Today: 9/28/2023
Next Earnings (Estimated): 12/06/2023
Fiscal Year End: 7/31/2024

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Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Groceries, general line
Sub-Industry: Food Distributors
Sector: Consumer Staples
Current Symbol: NYSE:UNFI
CUSIP: 91116310
CIK: 1020859
Web: www.unfi.com
Phone: (401) 528-8634
Fax: 401-278-1896
Employees: 30,300
Year Founded: 1978

Price Target and Rating

Average Stock Price Forecast: $23.33
High Stock Price Forecast: $35.00
Low Stock Price Forecast: $13.00
Forecasted Upside/Downside: +97.4%
Consensus Rating: Hold
Rating Score (0-4): 2.11
Research Coverage: 7 Analysts

Profitability

EPS (Most Recent Fiscal Year): $2.13
Trailing P/E Ratio: 6.90
Forward P/E Ratio: 7.31
P/E Growth: N/A
Net Income: $248 million
Net Margins: 0.43%
Pretax Margin: 0.51%
Return on Equity: 12.48%
Return on Assets: 2.93%

Debt

Debt-to-Equity Ratio: 1.11
Current Ratio: 1.50
Quick Ratio: 0.50

Sales & Book Value

Annual Sales: $28.93 billion
Price / Sales: 0.03
Cash Flow: $7.73 per share
Price / Cash Flow: 1.90
Book Value: $30.74 per share
Price / Book: 0.48

Miscellaneous

Outstanding Shares: 58,600,000
Free Float: 57,781,000
Market Cap: $860.83 million
Optionable: Optionable
Beta: 0.99

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Key Executives

Mr. James Alexander Miller Douglas Jr. (Age 61)
CEO & Director
Comp: $2.85M

Mr. Christopher P. Testa (Age 53)
Pres
Comp: $2.4M

Mr. Michael S. Funk (Age 69)
Co-Founder & Independent Director
Comp: $118.32k

Mr. John W. Howard (Age 54)
Chief Financial Officer
Comp: $1.44M

Ms. Erin Horvath
Chief Operating Officer

Mr. Richard Eric Esper (Age 42)
Chief Accounting Officer & Controller

Mr. John L. Clare (Age 52)
Chief Information Officer

Mr. Steven J. Bloomquist
VP Investor Relations

Ms. Mahrukh Hussain (Age 51)
Gen. Counsel & Corp. Sec.

Jeffrey Swanson
VP of Corp. Communications & Media Relations

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

UNFI Stock - Frequently Asked Questions

Should I buy or sell United Natural Foods stock right now?: 7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for United Natural Foods in the last year. There are currently 7 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" UNFI shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in UNFI, but not buy additional shares or sell existing shares.
View UNFI analyst ratings or view top-rated stocks.
What is United Natural Foods' stock price forecast for 2023?: 7 brokerages have issued 12-month price targets for United Natural Foods' shares. Their UNFI share price forecasts range from $13.00 to $35.00. On average, they anticipate the company's share price to reach $23.33 in the next year. This suggests a possible upside of 58.8% from the stock's current price.
View analysts price targets for UNFI or view top-rated stocks among Wall Street analysts.
How have UNFI shares performed in 2023?: United Natural Foods' stock was trading at $38.71 at the start of the year. Since then, UNFI stock has decreased by 62.1% and is now trading at $14.69.
View the best growth stocks for 2023 here.
When is United Natural Foods' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, December 6th 2023.
View our UNFI earnings forecast.
How were United Natural Foods' earnings last quarter?: United Natural Foods, Inc. (NYSE:UNFI) posted its quarterly earnings results on Tuesday, September, 26th. The company reported ($0.25) earnings per share for the quarter, topping the consensus estimate of ($0.47) by $0.22. The business had revenue of $7.42 billion for the quarter, compared to the consensus estimate of $7.44 billion. United Natural Foods had a net margin of 0.43% and a trailing twelve-month return on equity of 12.48%. The company's revenue was up 2.0% compared to the same quarter last year. During the same quarter last year, the company earned $1.27 EPS.
What ETFs hold United Natural Foods' stock?: ETFs with the largest weight of United Natural Foods (NYSE:UNFI) stock in their portfolio include Invesco S&P SmallCap Consumer Staples ETF (PSCC), Invesco S&P SmallCap 600 Revenue ETF (RWJ) and Pacer US Small Cap Cash Cows 100 ETF (CALF).First Trust Small Cap Value AlphaDEX Fund (FYT).
How will United Natural Foods' stock buyback program work?: United Natural Foods declared that its Board of Directors has authorized a stock repurchase plan on Tuesday, September 27th 2022, which allows the company to repurchase $200,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to buy up to 9% of its shares through open market purchases. Shares repurchase plans are usually an indication that the company's management believes its stock is undervalued.
What guidance has United Natural Foods issued on next quarter's earnings?: United Natural Foods issued an update on its FY 2024 earnings guidance on Tuesday, September, 26th. The company provided earnings per share guidance of -$0.88-$0.38 for the period, compared to the consensus estimate of $2.56. The company issued revenue guidance of $30.90 billion-$31.50 billion, compared to the consensus revenue estimate of $31.03 billion.

What other stocks do shareholders of United Natural Foods own?: Based on aggregate information from My MarketBeat watchlists, some companies that other United Natural Foods investors own include NVIDIA (NVDA), Intel (INTC), Advanced Micro Devices (AMD), Micron Technology (MU), Alibaba Group (BABA), Pfizer (PFE), QUALCOMM (QCOM), Tesla (TSLA), Cisco Systems (CSCO) and AT&T (T).
What is United Natural Foods' stock symbol?: United Natural Foods trades on the New York Stock Exchange (NYSE) under the ticker symbol "UNFI."
Who are United Natural Foods' major shareholders?: United Natural Foods' stock is owned by many different retail and institutional investors. Top institutional investors include BlackRock Inc. (16.33%), Dimensional Fund Advisors LP (6.46%), State Street Corp (3.91%), Pacer Advisors Inc. (3.61%), Kiltearn Partners LLP (2.98%) and Mackenzie Financial Corp (2.89%). Insiders that own company stock include Ann Torre Bates, Christopher P Testa, Danielle Benedict, Eric A Dorne, J Alexander Douglas Jr, John W Howard, Michael C Stigers, Michael S Funk, Paul Scott Green, Peter Roy, Richard Eric Esper and Steven Spinner.
View institutional ownership trends.
How do I buy shares of United Natural Foods?: Shares of UNFI 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.
Compare Top Brokerages Here.
What is United Natural Foods' stock price today?: One share of UNFI stock can currently be purchased for approximately $14.69.
How much money does United Natural Foods make?: United Natural Foods (NYSE:UNFI) has a market capitalization of $860.83 million and generates $28.93 billion in revenue each year. The company earns $248 million in net income (profit) each year or $2.13 on an earnings per share basis.
How many employees does United Natural Foods have?: The company employs 30,300 workers across the globe.
Does United Natural Foods have any subsidiaries?: The following companies are subsidiares of United Natural Foods: Advantage Logistics Southwest Inc., Advantage Logistics USA East L.L.C., Advantage Logistics USA West L.L.C., Albert's Organics, Albert’s Organics Inc., American Commerce Centers Inc., Arden Hills 2003 LLC, Associated Grocers Acquisition Company, Associated Grocers of Florida Inc., Blaine North 1996 L.L.C., Blooming Prairie Cooperative Warehouse, Bloomington 1998 L.L.C., Blue Marble Brands LLC, Blue Nile Advertising Inc., Burnsville 1998 L.L.C., Butson Enterprises of Vermont Inc., Butson's Enterprises Inc., Butson's Enterprises of Massachusetts Inc., Cambridge 2006 L.L.C., Centralia Holdings LLC, Champlin 2005 L.L.C., Coon Rapids 2002 L.L.C., Crown Grocers Inc., Cub Foods Inc., Cub Stores Holdings LLC, Cub Stores LLC, DS & DJ Realty LLC, Eagan 2008 L.L.C., Eagan 2014 L.L.C., Eastern Beverages Inc., FF Acquisition L.L.C., Foodarama LLC, Forest Lake 2000 L.L.C., Fridley 1998 L.L.C., Fromages De France Inc., Gourmet Guru, Gourmet Guru Inc., Grocers Capital Company, Haddon House Food Products, Hastings 2002 L.L.C., Hazelwood Distribution Company Inc., Hazelwood Distribution Holdings Inc., Hershey Import Co, Hopkins Distribution Company LLC, Hornbacher’s Inc., International Distributors Grand Bahama Limited, Inver Grove Heights 2001 L.L.C., Keatherly Inc., Keltsch Bros Inc, Lakeville 2014 L.L.C., Lithia Springs Holdings LLC, Maplewood East 1996 L.L.C., Market Improvement Company, Millbrook Distribution Services, Monticello 1998 L.L.C., NAFTA Industries Consolidated Inc., NAFTA Industries Ltd., NC&T Supermarkets Inc., Natural Retail Group Inc., Nevada Bond Investment Corp. I, Nor-Cal Produce, Nor-Cal Produce Inc., Northeast Cooperatives, Northfield 2002 L.L.C., Organic Brands LLC, Plymouth 1998 L.L.C., SCTC LLC, SFW Holding Corp., SUPERVALU Enterprise Services Inc., SUPERVALU Gold LLC, SUPERVALU Holdco Inc., SUPERVALU INC., SUPERVALU India Inc., SUPERVALU Licensing LLC, SUPERVALU Pharmacies Inc., SUPERVALU Receivables Funding Corporation, SUPERVALU Services USA Inc., SUPERVALU Transportation Inc., SUPERVALU WA L.L.C., SUPERVALU Wholesale Operations Inc., SV Markets Inc., SVU Legacy LLC, Savage 2002 L.L.C., Select Nutrition, Shakopee 1997 L.L.C., Shop 'N Save St. Louis Inc., Shop 'N Save Warehouse Foods Inc., Shop ‘N Save East LLC, Shop ‘N Save East Prop LLC, Shop ‘N Save Prop LLC, Shoppers Food Warehouse Corp., Shorewood 2001 L.L.C., Silver Lake 1996 L.L.C., Southstar LLC, Stow Mills, Sunflower Markets LLC, Supervalu, TC Michigan LLC, TTSJ Aviation Inc., Tony's Fine Foods, Tony’s Fine Foods, Trent River Solar Mile Fund LLC, Trent River Solar Mile Lessee LLC, Trudeau Foods, Tutto Pronte, UNFI Canada Inc., UNFI Distribution Company LLC, UNFI Transport LLC, Ultra Foods Inc., Unified Grocers Inc., Unified International Inc., United Natural Foods West Inc., United Natural Trading LLC, W. Newell & Co. LLC, WSI Satellite Inc., Wetterau Insurance Co. Ltd., and Woodford Square Associates Limited Partnership.
Read More
How can I contact United Natural Foods?: United Natural Foods' mailing address is 313 IRON HORSE WAY, PROVIDENCE RI, 02908. The official website for the company is www.unfi.com. The company can be reached via phone at (401) 528-8634, via email at investorrelations@unfi.com, or via fax at 401-278-1896.

This page (NYSE:UNFI) was last updated on 9/28/2023 by MarketBeat.com Staff

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United Natural Foods (UNFI) Stock Forecast, Price & News

United Natural Foods MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About United Natural Foods (NYSE:UNFI) Stock

UNFI Price History

UNFI Stock News Headlines

UNFI Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

Key Executives

Key Competitors

Insiders & Institutions

UNFI Stock - Frequently Asked Questions

Overall MarketRank^™