United Natural Foods, Inc. (UNFI) Research Coverage Started at Stephens

Stephens began coverage on shares of United Natural Foods, Inc. (NASDAQ:UNFI) in a research report sent to investors on Friday, MarketBeat reports. The brokerage issued an equal weight rating and a $50.00 price objective on the stock.

A number of other equities research analysts also recently weighed in on UNFI. Citigroup Inc. reiterated a buy rating and issued a $49.00 target price (down from $54.00) on shares of United Natural Foods in a report on Saturday, April 22nd. Zacks Investment Research upgraded United Natural Foods from a sell rating to a hold rating in a report on Monday, April 24th. Loop Capital started coverage on United Natural Foods in a report on Monday, May 15th. They issued a buy rating and a $48.00 target price for the company. Jefferies Group LLC set a $44.00 target price on United Natural Foods and gave the stock a hold rating in a report on Friday, May 26th. Finally, Royal Bank Of Canada reiterated a hold rating and issued a $34.00 target price on shares of United Natural Foods in a report on Wednesday, May 31st. Five investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating and three have given a buy rating to the company’s stock. The stock presently has a consensus rating of Hold and a consensus target price of $41.47.

Shares of United Natural Foods (NASDAQ UNFI) opened at 36.55 on Friday. The company has a market capitalization of $1.85 billion, a PE ratio of 14.68 and a beta of 1.39. United Natural Foods has a 1-year low of $29.53 and a 1-year high of $49.74. The company’s 50-day moving average price is $36.61 and its 200-day moving average price is $40.71.

United Natural Foods (NASDAQ:UNFI) last issued its earnings results on Tuesday, June 6th. The company reported $0.77 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.76 by $0.01. The business had revenue of $2.37 billion during the quarter, compared to the consensus estimate of $2.42 billion. United Natural Foods had a return on equity of 8.21% and a net margin of 1.38%. The firm’s revenue for the quarter was up 11.1% on a year-over-year basis. During the same period in the previous year, the company posted $0.76 earnings per share. On average, equities analysts expect that United Natural Foods will post $2.55 earnings per share for the current fiscal year.

ILLEGAL ACTIVITY NOTICE: This story was first published by Community Financial News and is owned by of Community Financial News. If you are reading this story on another website, it was stolen and reposted in violation of US and international copyright and trademark legislation. The legal version of this story can be read at https://www.com-unik.info/2017/08/15/united-natural-foods-inc-unfi-research-coverage-started-at-stephens.html.

A number of large investors have recently made changes to their positions in UNFI. Flinton Capital Management LLC increased its stake in shares of United Natural Foods by 9.5% in the first quarter. Flinton Capital Management LLC now owns 2,912 shares of the company’s stock valued at $126,000 after buying an additional 252 shares during the period. Sei Investments Co. increased its stake in shares of United Natural Foods by 47.2% in the second quarter. Sei Investments Co. now owns 3,622 shares of the company’s stock valued at $133,000 after buying an additional 1,162 shares during the period. Neuburgh Advisers LLC increased its stake in shares of United Natural Foods by 9.5% in the first quarter. Neuburgh Advisers LLC now owns 3,536 shares of the company’s stock valued at $153,000 after buying an additional 306 shares during the period. LS Investment Advisors LLC increased its stake in shares of United Natural Foods by 20.5% in the second quarter. LS Investment Advisors LLC now owns 4,171 shares of the company’s stock valued at $153,000 after buying an additional 711 shares during the period. Finally, Northwestern Mutual Wealth Management Co. increased its stake in shares of United Natural Foods by 18.3% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 3,550 shares of the company’s stock valued at $154,000 after buying an additional 548 shares during the period.

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)

What are top analysts saying about United Natural Foods Inc.? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for United Natural Foods Inc. and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit