Somewhat Positive Media Coverage Somewhat Unlikely to Affect United Natural Foods (UNFI) Share Price
News articles about United Natural Foods (NASDAQ:UNFI) have been trending somewhat positive on Thursday, according to Accern Sentiment. The research firm identifies negative and positive news coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. United Natural Foods earned a news sentiment score of 0.18 on Accern’s scale. Accern also assigned news stories about the company an impact score of 44.9280542178361 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
These are some of the news headlines that may have effected Accern Sentiment Analysis’s scoring:
- United Natural Foods, Inc. (UNFI) Director James P. Heffernan Sells 2,970 Shares (americanbankingnews.com)
- Why United Natural Foods Inc. Stock Jumped 20% in September (fool.com)
- Pro-Trader Daily: Earnings Review and Free Research Report: United Natural Foods’ Net Sales Gained 5.7%, Earnings Jumped 12.1% (finanznachrichten.de)
- Earnings Review and Free Research Report: United Natural Foods’ Net Sales Gained 5.7%, Earnings Jumped 12.1% (finance.yahoo.com)
- United Natural Foods, Inc. (UNFI) moves -14.39% away from 52-Week High = Technical Facts – Voice Of Analysts (analystsbuzz.com)
Shares of United Natural Foods (UNFI) traded up 1.46% during midday trading on Thursday, reaching $41.11. The company’s stock had a trading volume of 116,133 shares. The stock’s 50 day moving average price is $37.94 and its 200 day moving average price is $39.04. The firm has a market cap of $2.08 billion, a price-to-earnings ratio of 16.06 and a beta of 1.43. United Natural Foods has a one year low of $29.53 and a one year high of $49.74.
United Natural Foods (NASDAQ:UNFI) last issued its earnings results on Wednesday, September 13th. The company reported $0.72 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.70 by $0.02. The business had revenue of $2.34 billion for the quarter, compared to analysts’ expectations of $2.36 billion. United Natural Foods had a return on equity of 8.10% and a net margin of 1.40%. The business’s revenue for the quarter was up 5.7% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.70 EPS. Analysts predict that United Natural Foods will post $2.71 earnings per share for the current year.
A number of equities analysts have recently weighed in on UNFI shares. BMO Capital Markets set a $38.00 price objective on United Natural Foods and gave the stock a “hold” rating in a research note on Tuesday, June 27th. Royal Bank Of Canada set a $34.00 price objective on United Natural Foods and gave the stock a “hold” rating in a research note on Tuesday, August 29th. Jefferies Group LLC reaffirmed a “hold” rating and issued a $38.00 price objective (down previously from $44.00) on shares of United Natural Foods in a research note on Sunday, June 25th. Pivotal Research reaffirmed a “sell” rating and issued a $32.00 price objective on shares of United Natural Foods in a research note on Tuesday, September 12th. Finally, Morgan Stanley reaffirmed an “underweight” rating and issued a $33.00 price objective (down previously from $36.00) on shares of United Natural Foods in a research note on Monday, June 19th. Five investment analysts have rated the stock with a sell rating, eleven have issued a hold rating and five have given a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus target price of $42.25.
In other news, Director James P. Heffernan sold 2,660 shares of United Natural Foods stock in a transaction that occurred on Tuesday, September 26th. The shares were sold at an average price of $44.28, for a total transaction of $117,784.80. Following the sale, the director now owns 29,724 shares of the company’s stock, valued at approximately $1,316,178.72. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director James P. Heffernan sold 2,970 shares of United Natural Foods stock in a transaction that occurred on Thursday, September 28th. The shares were sold at an average price of $42.45, for a total transaction of $126,076.50. Following the sale, the director now directly owns 24,094 shares in the company, valued at approximately $1,022,790.30. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 50,241 shares of company stock worth $2,205,951. Insiders own 1.30% of the company’s stock.
United Natural Foods Company Profile
United Natural Foods, Inc is a distributor and retailer of natural, organic and specialty products. The Company’s segments include Wholesale and Other. The Wholesale segment is engaged in the national distribution of natural, organic and specialty foods, produce and related products in the United States and Canada.
Receive News & Ratings for United Natural Foods Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for United Natural Foods Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.