Analysts Set United Natural Foods, Inc. (NYSE:UNFI) PT at $38.78

Shares of United Natural Foods, Inc. (NYSE:UNFI) have been given a consensus rating of “Hold” by the ten research firms that are covering the stock, Marketbeat reports. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and two have issued a buy rating on the company. The average 12 month price objective among analysts that have issued ratings on the stock in the last year is $41.6250.

UNFI has been the subject of a number of recent analyst reports. Wall Street Zen upgraded shares of United Natural Foods from a “hold” rating to a “buy” rating in a research note on Saturday. Zacks Research lowered shares of United Natural Foods from a “strong-buy” rating to a “hold” rating in a research note on Monday, February 2nd. Roth Mkm reissued a “neutral” rating and set a $35.00 price objective on shares of United Natural Foods in a report on Thursday, December 11th. Deutsche Bank Aktiengesellschaft increased their price objective on shares of United Natural Foods from $40.00 to $46.00 and gave the company a “hold” rating in a research report on Thursday. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of United Natural Foods in a report on Friday, January 9th.

United Natural Foods Stock Performance

Shares of UNFI opened at $41.67 on Wednesday. The business’s fifty day simple moving average is $37.46 and its two-hundred day simple moving average is $35.92. The company has a current ratio of 1.33, a quick ratio of 0.52 and a debt-to-equity ratio of 1.11. United Natural Foods has a 12 month low of $20.78 and a 12 month high of $43.29. The company has a market cap of $2.53 billion, a price-to-earnings ratio of -32.05 and a beta of 1.00.

United Natural Foods (NYSE:UNFI) last posted its quarterly earnings results on Tuesday, March 10th. The company reported $0.62 earnings per share for the quarter, topping the consensus estimate of $0.51 by $0.11. The firm had revenue of $7.95 billion during the quarter, compared to analysts’ expectations of $8.11 billion. United Natural Foods had a positive return on equity of 6.05% and a negative net margin of 0.25%.The company’s revenue was down 2.6% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.22 earnings per share. United Natural Foods has set its FY 2026 guidance at 2.300-2.700 EPS. Research analysts anticipate that United Natural Foods will post 0.76 earnings per share for the current fiscal year.

Insider Activity

In other news, CAO Richard Eric Esper sold 4,261 shares of the firm’s stock in a transaction on Thursday, December 18th. The stock was sold at an average price of $33.08, for a total value of $140,953.88. Following the transaction, the chief accounting officer directly owned 37,369 shares in the company, valued at $1,236,166.52. This trade represents a 10.24% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, insider Louis Anthony Martin sold 9,439 shares of United Natural Foods stock in a transaction on Monday, December 22nd. The stock was sold at an average price of $34.67, for a total value of $327,250.13. Following the completion of the sale, the insider directly owned 81,234 shares of the company’s stock, valued at $2,816,382.78. The trade was a 10.41% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders own 2.40% of the company’s stock.

Institutional Investors Weigh In On United Natural Foods

A number of large investors have recently made changes to their positions in the company. Cullen Frost Bankers Inc. bought a new position in shares of United Natural Foods in the 4th quarter worth approximately $26,000. Quarry LP bought a new stake in United Natural Foods during the third quarter valued at approximately $29,000. Larson Financial Group LLC grew its position in United Natural Foods by 4,266.7% during the third quarter. Larson Financial Group LLC now owns 786 shares of the company’s stock valued at $30,000 after buying an additional 768 shares during the period. International Assets Investment Management LLC purchased a new stake in United Natural Foods during the fourth quarter valued at approximately $31,000. Finally, Farther Finance Advisors LLC raised its position in United Natural Foods by 60.7% in the fourth quarter. Farther Finance Advisors LLC now owns 993 shares of the company’s stock worth $33,000 after acquiring an additional 375 shares during the period. 87.63% of the stock is currently owned by institutional investors.

United Natural Foods Company Profile

United Natural Foods, Inc (NYSE: UNFI) is a leading distributor of natural, organic and specialty foods in North America. Founded in 1976 and headquartered in Providence, Rhode Island, the company has grown through strategic acquisitions and organic expansion to become one of the largest food distributors serving retail, foodservice and e-commerce customers.

UNFI’s core business centers on the procurement, warehousing and distribution of a broad portfolio of products, including fresh produce, groceries, frozen foods, dairy, bakery items, beverages, supplements and household essentials.