United Natural Foods, Inc. (NYSE:UNFI) Receives $46.38 Consensus Price Target from Analysts

Shares of United Natural Foods, Inc. (NYSE:UNFI) have been assigned a consensus recommendation of “Hold” from the ten analysts that are currently covering the firm, Marketbeat reports. One investment analyst has rated the stock with a sell recommendation, five have issued a hold recommendation, three have given a buy recommendation and one has given a strong buy recommendation to the company. The average 12 month price objective among brokers that have issued a report on the stock in the last year is $46.3750.

Several brokerages have commented on UNFI. Roth Capital reaffirmed a “neutral” rating and issued a $43.00 price target on shares of United Natural Foods in a research report on Wednesday, June 10th. UBS Group boosted their target price on shares of United Natural Foods from $44.00 to $47.00 and gave the stock a “neutral” rating in a research report on Wednesday, June 10th. Zacks Research upgraded shares of United Natural Foods from a “hold” rating to a “strong-buy” rating in a research note on Friday, July 3rd. BMO Capital Markets reissued an “outperform” rating and issued a $56.00 price target on shares of United Natural Foods in a report on Wednesday, June 10th. Finally, Wells Fargo & Company upgraded shares of United Natural Foods from an “equal weight” rating to an “overweight” rating and raised their price target for the stock from $40.00 to $56.00 in a research report on Thursday, March 26th.

United Natural Foods Stock Down 2.3%

UNFI stock opened at $49.03 on Tuesday. The stock has a market capitalization of $2.97 billion, a price-to-earnings ratio of -74.29 and a beta of 0.83. The company has a 50-day moving average of $49.92 and a two-hundred day moving average of $43.94. United Natural Foods has a 52-week low of $24.88 and a 52-week high of $57.02. The company has a debt-to-equity ratio of 1.04, a current ratio of 1.33 and a quick ratio of 0.51.

United Natural Foods (NYSE:UNFI) last posted its quarterly earnings data on Tuesday, June 9th. The company reported $0.77 EPS for the quarter, missing analysts’ consensus estimates of $0.81 by ($0.04). United Natural Foods had a positive return on equity of 7.42% and a negative net margin of 0.12%.The business had revenue of $7.72 billion during the quarter, compared to the consensus estimate of $7.79 billion. During the same quarter in the previous year, the firm posted $0.44 earnings per share. The company’s revenue for the quarter was down 4.2% on a year-over-year basis. United Natural Foods has set its FY 2026 guidance at 2.400-2.600 EPS. As a group, equities research analysts anticipate that United Natural Foods will post 2.52 EPS for the current year.

Insider Activity

In other United Natural Foods news, insider Mark Bushway sold 10,000 shares of the company’s stock in a transaction that occurred on Tuesday, June 23rd. The stock was sold at an average price of $51.56, for a total value of $515,600.00. Following the completion of the transaction, the insider owned 51,119 shares of the company’s stock, valued at $2,635,695.64. This represents a 16.36% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Danielle Benedict sold 4,807 shares of the firm’s stock in a transaction that occurred on Wednesday, May 6th. The stock was sold at an average price of $52.00, for a total value of $249,964.00. Following the completion of the sale, the insider owned 98,470 shares of the company’s stock, valued at $5,120,440. This represents a 4.65% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 2.40% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. State Street Corp lifted its stake in United Natural Foods by 1.0% during the fourth quarter. State Street Corp now owns 2,389,186 shares of the company’s stock worth $80,444,000 after purchasing an additional 23,967 shares during the period. SG Americas Securities LLC grew its stake in shares of United Natural Foods by 155.1% in the 1st quarter. SG Americas Securities LLC now owns 1,732,060 shares of the company’s stock valued at $78,047,000 after purchasing an additional 1,053,081 shares during the period. Geode Capital Management LLC grew its stake in shares of United Natural Foods by 2.9% in the 4th quarter. Geode Capital Management LLC now owns 1,468,591 shares of the company’s stock valued at $49,456,000 after purchasing an additional 41,674 shares during the period. Arrowstreet Capital Limited Partnership raised its holdings in shares of United Natural Foods by 40.4% in the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 1,300,414 shares of the company’s stock worth $48,922,000 after buying an additional 374,487 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. raised its holdings in shares of United Natural Foods by 11.7% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,119,773 shares of the company’s stock worth $37,703,000 after buying an additional 117,717 shares in the last quarter. 87.63% of the stock is currently owned by institutional investors and hedge funds.

About United Natural Foods

United Natural Foods, Inc (NYSE: UNFI) is a leading distributor of natural, organic and specialty foods in North America. Founded in 1976 and headquartered in Providence, Rhode Island, the company has grown through strategic acquisitions and organic expansion to become one of the largest food distributors serving retail, foodservice and e-commerce customers.

UNFI’s core business centers on the procurement, warehousing and distribution of a broad portfolio of products, including fresh produce, groceries, frozen foods, dairy, bakery items, beverages, supplements and household essentials.