UniFirst (UNF) Stock Price, News & Analysis

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for UniFirst in the last year. There are currently 1 sell rating and 3 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "reduce" UNF shares.
View UNF analyst ratings or view top-rated stocks.

4 brokerages have issued 1-year price targets for UniFirst's stock. Their UNF share price targets range from $160.00 to $186.00. On average, they expect the company's stock price to reach $177.75 in the next twelve months. This suggests a possible upside of 13.8% from the stock's current price.
View analysts price targets for UNF or view top-rated stocks among Wall Street analysts.

UniFirst's stock was trading at $182.91 on January 1st, 2024. Since then, UNF shares have decreased by 14.6% and is now trading at $156.15.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, June 26th 2024.
View our UNF earnings forecast.

UniFirst Co. (NYSE:UNF) announced its quarterly earnings data on Wednesday, January, 3rd. The textile maker reported $2.38 EPS for the quarter, beating analysts' consensus estimates of $2.18 by $0.20. The textile maker had revenue of $593.50 million for the quarter, compared to the consensus estimate of $589.64 million. UniFirst had a net margin of 4.92% and a trailing twelve-month return on equity of 6.19%. The firm's revenue was up 9.5% on a year-over-year basis. During the same period in the prior year, the firm earned $2.21 earnings per share.

UniFirst announced a quarterly dividend on Thursday, April 11th. Stockholders of record on Friday, June 7th will be paid a dividend of $0.33 per share on Friday, June 28th. This represents a $1.32 annualized dividend and a yield of 0.85%. The ex-dividend date of this dividend is Friday, June 7th.
Read our dividend analysis for UNF.

UniFirst (NYSE:UNF) pays an annual dividend of $1.32 per share and currently has a dividend yield of 0.82%. The company has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 21.60%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, UNF will have a dividend payout ratio of 16.22% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for UNF.

ETFs with the largest weight of UniFirst (NYSE:UNF) stock in their portfolio include QRAFT AI-Enhanced U.S. Next Value ETF (NVQ) and Invesco S&P SmallCap Industrials ETF (PSCI).SPDR S&P 600 Small Cap ETF (SLY).

UniFirst updated its FY 2024 earnings guidance on Wednesday, March, 27th. The company provided earnings per share guidance of 6.800-7.160 for the period, compared to the consensus earnings per share estimate of 7.540. The company issued revenue guidance of $2.4 billion-$2.4 billion, compared to the consensus revenue estimate of $2.4 billion.

193 employees have rated UniFirst Chief Executive Officer Steven S. Sintros on Glassdoor.com. Steven S. Sintros has an approval rating of 95% among the company's employees. This puts Steven S. Sintros in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other UniFirst investors own include Tesla (TSLA), Walt Disney (DIS), Abbott Laboratories (ABT), Netflix (NFLX), Teladoc Health (TDOC), Carnival Co. & (CCL), Lululemon Athletica (LULU), AbbVie (ABBV), Alibaba Group (BABA) and Booking (BKNG).

Shares of UNF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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