Buckingham Research set a $41.00 price target on United Natural Foods (NASDAQ:UNFI) in a report issued on Thursday. The brokerage currently has a buy rating on the stock.

Several other research analysts also recently commented on UNFI. Citigroup reduced their price target on shares of United Natural Foods from $53.00 to $49.00 and set a buy rating on the stock in a research note on Thursday, June 21st. ValuEngine raised shares of United Natural Foods from a sell rating to a hold rating in a research note on Monday, June 18th. Loop Capital set a $55.00 price target on shares of United Natural Foods and gave the stock a buy rating in a research note on Wednesday, September 12th. Zacks Investment Research cut shares of United Natural Foods from a buy rating to a hold rating in a report on Thursday, July 19th. Finally, Pivotal Research dropped their target price on shares of United Natural Foods from $34.00 to $33.00 and set a sell rating on the stock in a report on Wednesday, June 13th. Five equities research analysts have rated the stock with a sell rating, eleven have given a hold rating and four have given a buy rating to the company’s stock. United Natural Foods presently has an average rating of Hold and an average price target of $41.78.

UNFI stock opened at $30.97 on Thursday. The stock has a market capitalization of $1.71 billion, a P/E ratio of 9.96, a P/E/G ratio of 1.19 and a beta of 1.38. United Natural Foods has a 12 month low of $28.25 and a 12 month high of $52.69. The company has a current ratio of 2.59, a quick ratio of 0.95 and a debt-to-equity ratio of 0.26.

United Natural Foods (NASDAQ:UNFI) last posted its quarterly earnings results on Thursday, September 20th. The company reported $0.76 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.85 by ($0.09). The company had revenue of $2.59 billion during the quarter, compared to analysts’ expectations of $2.61 billion. United Natural Foods had a return on equity of 9.05% and a net margin of 1.62%. The company’s quarterly revenue was up 10.7% on a year-over-year basis. During the same period in the prior year, the business earned $0.72 EPS. equities research analysts expect that United Natural Foods will post 3.54 EPS for the current fiscal year.

Institutional investors have recently modified their holdings of the business. Mainstay Capital Management LLC ADV boosted its holdings in shares of United Natural Foods by 4,166.2% in the 2nd quarter. Mainstay Capital Management LLC ADV now owns 6,058 shares of the company’s stock valued at $142,000 after buying an additional 5,916 shares in the last quarter. Summit Trail Advisors LLC boosted its holdings in shares of United Natural Foods by 3,013.3% in the 1st quarter. Summit Trail Advisors LLC now owns 144,518 shares of the company’s stock valued at $145,000 after buying an additional 139,876 shares in the last quarter. Argus Investors Counsel Inc. bought a new stake in shares of United Natural Foods in the 2nd quarter valued at about $207,000. Campbell & CO Investment Adviser LLC bought a new stake in shares of United Natural Foods in the 2nd quarter valued at about $209,000. Finally, HPM Partners LLC bought a new stake in shares of United Natural Foods in the 2nd quarter valued at about $223,000.

About United Natural Foods

United Natural Foods, Inc, together with its subsidiaries, distributes natural, organic, and specialty foods and non-food products in the United States and Canada. The company operates through three divisions: Wholesale, Retail, and Manufacturing and Branded Products. The Wholesale division offers grocery and general merchandise, produce, perishables and frozen foods, nutritional supplements and sports nutrition, bulk and foodservice products, and personal care products.

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Analyst Recommendations for United Natural Foods (NASDAQ:UNFI)

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