United Natural Foods (NYSE:UNFI – Get Free Report) issued its earnings results on Tuesday. The company reported $0.01 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.08) by $0.09, Briefing.com reports. The business had revenue of $8.16 billion for the quarter, compared to analyst estimates of $7.94 billion. United Natural Foods had a negative net margin of 0.47% and a negative return on equity of 0.35%. The company’s revenue for the quarter was up 10.0% on a year-over-year basis. During the same quarter in the prior year, the business posted ($0.25) EPS. United Natural Foods updated its FY 2025 guidance to 0.200-0.800 EPS and its FY25 guidance to $0.20-$0.80 EPS.
United Natural Foods Trading Up 30.6 %
Shares of NYSE:UNFI opened at $21.96 on Wednesday. The stock has a market capitalization of $1.31 billion, a price-to-earnings ratio of -9.11 and a beta of 0.64. United Natural Foods has a 1-year low of $8.58 and a 1-year high of $22.33. The company has a debt-to-equity ratio of 1.28, a quick ratio of 0.55 and a current ratio of 1.51. The company has a 50 day moving average price of $14.88 and a 200 day moving average price of $12.79.
Analyst Upgrades and Downgrades
Several equities research analysts have commented on the stock. Roth Mkm raised their price target on shares of United Natural Foods from $13.00 to $14.00 and gave the company a “neutral” rating in a research note on Thursday, June 6th. StockNews.com upgraded shares of United Natural Foods from a “sell” rating to a “hold” rating in a research note on Thursday, June 13th. Finally, UBS Group raised their price target on shares of United Natural Foods from $14.00 to $16.00 and gave the company a “neutral” rating in a research note on Thursday, June 6th. One research analyst has rated the stock with a sell rating and four have given a hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $13.75.
United Natural Foods Company Profile
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.
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