United Natural Foods (NASDAQ:UNFI) has been assigned a $51.00 price objective by investment analysts at Susquehanna Bancshares in a research note issued to investors on Thursday. The firm currently has a “hold” rating on the stock. Susquehanna Bancshares’ price target would indicate a potential upside of 11.40% from the stock’s current price.

A number of other research analysts have also recently weighed in on UNFI. Loop Capital reaffirmed a “buy” rating and set a $50.00 price objective (up from $44.00) on shares of United Natural Foods in a research report on Thursday, September 14th. Jefferies Group reaffirmed a “hold” rating and set a $39.00 price objective (up from $38.00) on shares of United Natural Foods in a research report on Thursday, September 14th. Wells Fargo & Co reaffirmed a “hold” rating and set a $38.00 price objective on shares of United Natural Foods in a research report on Thursday, September 14th. Bank of America reaffirmed an “underperform” rating and set a $36.00 price objective (up from $35.00) on shares of United Natural Foods in a research report on Thursday, September 14th. Finally, Buckingham Research lowered their price objective on United Natural Foods from $53.00 to $51.00 and set a “buy” rating on the stock in a research report on Thursday, September 14th. Five research analysts have rated the stock with a sell rating, ten have issued a hold rating and seven have given a buy rating to the company. The stock has an average rating of “Hold” and a consensus price target of $44.00.

United Natural Foods (NASDAQ:UNFI) opened at $45.78 on Thursday. United Natural Foods has a 12-month low of $29.53 and a 12-month high of $52.69. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.82 and a current ratio of 2.25. The firm has a market capitalization of $2,310.00, a PE ratio of 17.74, a PEG ratio of 2.81 and a beta of 1.46.

United Natural Foods (NASDAQ:UNFI) last posted its quarterly earnings data on Thursday, December 7th. The company reported $0.60 earnings per share for the quarter, meeting the Zacks’ consensus estimate of $0.60. United Natural Foods had a return on equity of 8.04% and a net margin of 1.39%. The firm had revenue of $2.46 billion for the quarter, compared to analysts’ expectations of $2.39 billion. During the same period in the previous year, the firm earned $0.58 EPS. sell-side analysts predict that United Natural Foods will post 2.74 earnings per share for the current year.

United Natural Foods declared that its board has approved a share buyback program on Friday, October 6th that allows the company to repurchase $200.00 million in outstanding shares. This repurchase authorization allows the company to repurchase shares of its stock through open market purchases. Shares repurchase programs are generally an indication that the company’s management believes its shares are undervalued.

In other United Natural Foods news, Director James P. Heffernan sold 7,580 shares of United Natural Foods stock in a transaction that occurred on Monday, December 18th. The stock was sold at an average price of $52.01, for a total value of $394,235.80. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, COO Sean Griffin sold 12,351 shares of United Natural Foods stock in a transaction that occurred on Tuesday, January 2nd. The stock was sold at an average price of $49.41, for a total value of $610,262.91. The disclosure for this sale can be found here. Over the last three months, insiders sold 103,191 shares of company stock worth $5,140,875. 1.40% of the stock is owned by insiders.

Large investors have recently added to or reduced their stakes in the business. Riverhead Capital Management LLC increased its stake in United Natural Foods by 80.6% in the 2nd quarter. Riverhead Capital Management LLC now owns 4,695 shares of the company’s stock worth $172,000 after acquiring an additional 2,095 shares during the last quarter. Balasa Dinverno & Foltz LLC bought a new stake in United Natural Foods in the 3rd quarter worth approximately $208,000. Bell Bank bought a new stake in United Natural Foods in the 3rd quarter worth approximately $210,000. Flinton Capital Management LLC increased its stake in United Natural Foods by 76.9% in the 2nd quarter. Flinton Capital Management LLC now owns 5,152 shares of the company’s stock worth $189,000 after acquiring an additional 2,240 shares during the last quarter. Finally, First Republic Investment Management Inc. bought a new stake in United Natural Foods in the 3rd quarter worth approximately $218,000.

ILLEGAL ACTIVITY WARNING: This piece of content was posted by Watch List News and is owned by of Watch List News. If you are reading this piece of content on another site, it was illegally stolen and republished in violation of United States & international copyright and trademark laws. The legal version of this piece of content can be read at https://www.watchlistnews.com/united-natural-foods-unfi-given-a-51-00-price-target-by-susquehanna-bancshares-analysts/1802877.html.

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)

Receive News & Ratings for United Natural Foods Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for United Natural Foods and related companies with Analyst Ratings Network's FREE daily email newsletter.