United Natural Foods, Inc. (NYSE:UNFI) Receives $37.00 Consensus Target Price from Brokerages

United Natural Foods, Inc. (NYSE:UNFI) has received an average rating of “Hold” from the eleven brokerages that are covering the firm, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and three have issued a buy rating on the company. The average twelve-month price objective among brokers that have issued a report on the stock in the last year is $37.00.

Several brokerages recently issued reports on UNFI. BMO Capital Markets reaffirmed an “outperform” rating on shares of United Natural Foods in a research report on Thursday, December 11th. Roth Capital reaffirmed a “neutral” rating and set a $35.00 price objective on shares of United Natural Foods in a report on Thursday, December 11th. Wells Fargo & Company lowered their target price on shares of United Natural Foods from $37.00 to $35.00 and set an “equal weight” rating for the company in a report on Friday, December 19th. UBS Group boosted their price target on shares of United Natural Foods from $29.00 to $42.00 and gave the stock a “buy” rating in a report on Wednesday, October 1st. Finally, The Goldman Sachs Group increased their price objective on shares of United Natural Foods from $29.00 to $40.00 and gave the company a “neutral” rating in a research note on Wednesday, October 1st.

Insider Activity

In other United Natural Foods news, CAO Richard Eric Esper sold 4,261 shares of the business’s stock in a transaction on Thursday, December 18th. The stock was sold at an average price of $33.08, for a total value of $140,953.88. Following the transaction, the chief accounting officer owned 37,369 shares of the company’s stock, valued at approximately $1,236,166.52. The trade was a 10.24% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Louis Anthony Martin sold 9,439 shares of the company’s stock in a transaction on Monday, December 22nd. The shares were sold at an average price of $34.67, for a total value of $327,250.13. Following the completion of the transaction, the insider owned 81,234 shares of the company’s stock, valued at $2,816,382.78. This trade represents a 10.41% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 25,355 shares of company stock valued at $879,742 over the last three months. Corporate insiders own 2.40% of the company’s stock.

Hedge Funds Weigh In On United Natural Foods

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Farther Finance Advisors LLC grew its position in United Natural Foods by 88.3% during the second quarter. Farther Finance Advisors LLC now owns 1,077 shares of the company’s stock valued at $25,000 after buying an additional 505 shares during the period. Quarry LP purchased a new position in United Natural Foods in the third quarter valued at about $29,000. Larson Financial Group LLC grew its position in shares of United Natural Foods by 4,266.7% during the 3rd quarter. Larson Financial Group LLC now owns 786 shares of the company’s stock valued at $30,000 after acquiring an additional 768 shares during the period. EverSource Wealth Advisors LLC increased its stake in shares of United Natural Foods by 84.2% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,332 shares of the company’s stock worth $31,000 after purchasing an additional 609 shares during the last quarter. Finally, Smartleaf Asset Management LLC raised its holdings in shares of United Natural Foods by 32.0% in the 3rd quarter. Smartleaf Asset Management LLC now owns 1,563 shares of the company’s stock worth $59,000 after purchasing an additional 379 shares during the period. 87.63% of the stock is owned by hedge funds and other institutional investors.

United Natural Foods Trading Down 1.2%

UNFI opened at $33.41 on Friday. United Natural Foods has a fifty-two week low of $20.78 and a fifty-two week high of $43.29. The firm has a market capitalization of $2.04 billion, a PE ratio of -20.13 and a beta of 0.82. The company has a debt-to-equity ratio of 1.25, a current ratio of 1.38 and a quick ratio of 0.50. The company’s 50-day moving average is $36.18 and its 200 day moving average is $31.27.

United Natural Foods (NYSE:UNFI) last released its quarterly earnings results on Tuesday, December 2nd. The company reported $0.56 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.39 by $0.17. The business had revenue of $7.84 billion during the quarter, compared to the consensus estimate of $7.91 billion. United Natural Foods had a positive return on equity of 4.35% and a negative net margin of 0.32%.The company’s quarterly revenue was down .4% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.16 EPS. United Natural Foods has set its FY 2026 guidance at 1.500-2.300 EPS. As a group, research analysts predict that United Natural Foods will post 0.76 earnings per share for the current fiscal year.

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.