United Natural Foods, Inc. (NASDAQ:UNFI) received a $38.00 target price from stock analysts at BMO Capital Markets in a note issued to investors on Tuesday. The brokerage currently has a “hold” rating on the stock. BMO Capital Markets’ price target would suggest a potential upside of 15.89% from the stock’s previous close.

A number of other research analysts also recently issued reports on UNFI. Zacks Investment Research downgraded shares of United Natural Foods from a “hold” rating to a “sell” rating in a research report on Wednesday, August 2nd. Stephens began coverage on shares of United Natural Foods in a research report on Friday, August 11th. They set an “equal weight” rating and a $50.00 target price on the stock. BidaskClub downgraded shares of United Natural Foods from a “hold” rating to a “sell” rating in a research report on Friday, August 11th. Royal Bank Of Canada restated a “hold” rating and set a $34.00 target price on shares of United Natural Foods in a research report on Wednesday, May 31st. Finally, Jefferies Group LLC set a $44.00 target price on shares of United Natural Foods and gave the company a “hold” rating in a research report on Friday, May 26th. Four research analysts have rated the stock with a sell rating, eleven have given a hold rating and three have given a buy rating to the stock. United Natural Foods currently has an average rating of “Hold” and a consensus price target of $41.57.

Shares of United Natural Foods (NASDAQ:UNFI) opened at 32.79 on Tuesday. United Natural Foods has a 52-week low of $29.53 and a 52-week high of $49.74. The firm has a market capitalization of $1.66 billion, a price-to-earnings ratio of 13.17 and a beta of 1.39. The stock has a 50 day moving average of $36.44 and a 200 day moving average of $40.11.

United Natural Foods (NASDAQ:UNFI) last released its earnings results on Tuesday, June 6th. The company reported $0.77 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.76 by $0.01. United Natural Foods had a net margin of 1.38% and a return on equity of 8.21%. The company had revenue of $2.37 billion for the quarter, compared to the consensus estimate of $2.42 billion. During the same period in the prior year, the company posted $0.76 EPS. The company’s revenue was up 11.1% compared to the same quarter last year. On average, analysts predict that United Natural Foods will post $2.55 EPS for the current fiscal year.

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A number of hedge funds have recently bought and sold shares of the company. Flinton Capital Management LLC boosted its stake in United Natural Foods by 9.5% in the first quarter. Flinton Capital Management LLC now owns 2,912 shares of the company’s stock worth $126,000 after buying an additional 252 shares during the last quarter. Sei Investments Co. boosted its stake in United Natural Foods by 47.2% in the second quarter. Sei Investments Co. now owns 3,622 shares of the company’s stock worth $133,000 after buying an additional 1,162 shares during the last quarter. Neuburgh Advisers LLC boosted its stake in United Natural Foods by 9.5% in the first quarter. Neuburgh Advisers LLC now owns 3,536 shares of the company’s stock worth $153,000 after buying an additional 306 shares during the last quarter. LS Investment Advisors LLC boosted its stake in United Natural Foods by 20.5% in the second quarter. LS Investment Advisors LLC now owns 4,171 shares of the company’s stock worth $153,000 after buying an additional 711 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. boosted its stake in United Natural Foods by 18.3% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 3,550 shares of the company’s stock worth $154,000 after buying an additional 548 shares during the last quarter.

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.

Analyst Recommendations for United Natural Foods (NASDAQ:UNFI)

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