United Natural Foods (NYSE:UNFI) Releases Quarterly Earnings Results, Beats Expectations By $0.04 EPS

United Natural Foods (NYSE:UNFIGet Free Report) released its quarterly earnings data on Tuesday. The company reported $0.22 earnings per share for the quarter, beating the consensus estimate of $0.18 by $0.04, Zacks reports. The company had revenue of $8.16 billion during the quarter, compared to analyst estimates of $7.96 billion. United Natural Foods had a negative net margin of 0.30% and a positive return on equity of 1.27%. United Natural Foods’s revenue for the quarter was up 4.9% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.07 EPS. United Natural Foods updated its FY 2025 guidance to 0.700-0.900 EPS and its FY25 guidance to $0.70-$0.90 EPS.

United Natural Foods Trading Down 5.3 %

Shares of UNFI opened at $24.47 on Wednesday. The stock has a market cap of $1.47 billion, a PE ratio of -15.58 and a beta of 0.56. The business’s 50-day moving average price is $29.63 and its 200-day moving average price is $24.03. The company has a quick ratio of 0.53, a current ratio of 1.48 and a debt-to-equity ratio of 1.39. United Natural Foods has a twelve month low of $8.58 and a twelve month high of $34.76.

Institutional Trading of United Natural Foods

A hedge fund recently bought a new stake in United Natural Foods stock. Brighton Jones LLC bought a new position in United Natural Foods, Inc. (NYSE:UNFIFree Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 24,022 shares of the company’s stock, valued at approximately $656,000. Institutional investors own 87.63% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on UNFI shares. Guggenheim reiterated a “neutral” rating on shares of United Natural Foods in a research note on Thursday, December 12th. BMO Capital Markets lifted their price target on shares of United Natural Foods from $23.00 to $32.00 and gave the company a “market perform” rating in a research report on Wednesday, December 11th. Wells Fargo & Company lifted their price target on shares of United Natural Foods from $23.00 to $25.00 and gave the company an “underweight” rating in a research report on Friday, January 10th. The Goldman Sachs Group lifted their price objective on shares of United Natural Foods from $25.00 to $28.00 and gave the stock a “neutral” rating in a report on Thursday, February 13th. Finally, Roth Mkm lifted their price objective on shares of United Natural Foods from $20.00 to $26.00 and gave the stock a “neutral” rating in a report on Thursday, December 12th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and one has issued a buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $26.40.

View Our Latest Research Report on UNFI

About United Natural Foods

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United Natural Foods, Inc, together with its subsidiaries, distributes natural, organic, specialty, produce, and conventional grocery and non-food products in the United States and Canada. It operates in two segments, Wholesale and Retail. The company offers grocery and general merchandise, produce, perishables and frozen foods, wellness and personal care items, and bulk and foodservice products.

See Also

Earnings History for United Natural Foods (NYSE:UNFI)

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