Unifirst (UNF) Earns Coverage Optimism Score of 0.08
Press coverage about Unifirst (NYSE:UNF) has been trending somewhat positive recently, Accern Sentiment Analysis reports. Accern identifies negative and positive news coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Unifirst earned a news impact score of 0.08 on Accern’s scale. Accern also assigned media headlines about the textile maker an impact score of 47.1717253928016 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
Unifirst (NYSE UNF) traded up $1.05 on Friday, reaching $157.55. The company’s stock had a trading volume of 21,028 shares, compared to its average volume of 58,096. The stock has a market capitalization of $3,173.04, a P/E ratio of 29.64, a price-to-earnings-growth ratio of 2.97 and a beta of 0.74. Unifirst has a one year low of $124.85 and a one year high of $162.40.
Unifirst (NYSE:UNF) last posted its earnings results on Wednesday, October 18th. The textile maker reported $1.44 EPS for the quarter, topping the Zacks’ consensus estimate of $1.24 by $0.20. The company had revenue of $403.60 million for the quarter, compared to the consensus estimate of $392.15 million. Unifirst had a return on equity of 7.53% and a net margin of 4.40%. Unifirst’s quarterly revenue was up 10.9% compared to the same quarter last year. During the same period in the previous year, the business earned $1.27 earnings per share. research analysts predict that Unifirst will post 5.26 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which will be paid on Friday, January 5th. Shareholders of record on Friday, December 8th will be given a dividend of $0.0375 per share. The ex-dividend date of this dividend is Thursday, December 7th. This represents a $0.15 dividend on an annualized basis and a yield of 0.10%. Unifirst’s payout ratio is 4.37%.
A number of research analysts recently weighed in on the company. Zacks Investment Research lowered Unifirst from a “hold” rating to a “strong sell” rating in a report on Saturday, October 21st. Northcoast Research reaffirmed a “neutral” rating on shares of Unifirst in a report on Thursday, October 19th. Finally, Robert W. Baird upped their price objective on Unifirst from $163.00 to $171.00 and gave the stock an “outperform” rating in a report on Thursday, October 19th. Two research analysts have rated the stock with a sell rating, two have given a hold rating and one has issued a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $165.00.
Unifirst Company Profile
UniFirst Corporation is a provider of workplace uniforms and protective work wear clothing in the United States. The Company designs, manufactures, personalizes, rents, cleans, delivers, and sells a range of uniforms and protective clothing, including shirts, pants, jackets, coveralls, lab coats, smocks, aprons and specialized protective wear, such as flame resistant and high visibility garments.
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