Somewhat Favorable Press Coverage Somewhat Unlikely to Affect United Natural Foods (UNFI) Share Price
News coverage about United Natural Foods (NASDAQ:UNFI) has trended somewhat positive this week, Accern Sentiment Analysis reports. The research firm ranks the sentiment of news coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. United Natural Foods earned a coverage optimism score of 0.11 on Accern’s scale. Accern also gave media stories about the company an impact score of 45.3077572266815 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
UNFI stock opened at $35.10 on Friday. The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.95 and a current ratio of 2.59. The stock has a market cap of $1.75 billion, a price-to-earnings ratio of 13.66, a price-to-earnings-growth ratio of 1.23 and a beta of 1.27. United Natural Foods has a 1-year low of $31.84 and a 1-year high of $52.69.
United Natural Foods (NASDAQ:UNFI) last posted its earnings results on Wednesday, June 6th. The company reported $1.04 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.93 by $0.11. The firm had revenue of $2.65 billion for the quarter, compared to analyst estimates of $2.58 billion. United Natural Foods had a return on equity of 9.06% and a net margin of 1.72%. The company’s revenue for the quarter was up 11.8% on a year-over-year basis. During the same period in the previous year, the company posted $0.77 earnings per share. analysts predict that United Natural Foods will post 3.21 earnings per share for the current year.
United Natural Foods Company Profile
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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