United Natural Foods, Inc. (NYSE:UNFI) Stock Has Consensus Target Price of $52.00 According to Analysts

Shares of United Natural Foods, Inc. (NYSE:UNFI) have been assigned an average recommendation of “Hold” from the nine analysts that are currently covering the company, Marketbeat.com reports. Seven analysts have rated the stock with a hold recommendation and two have given a buy recommendation to the company. The average twelve-month target price among brokers that have updated their coverage on the stock in the last year is $52.00.

A number of brokerages have issued reports on UNFI. Roth Capital reaffirmed a “neutral” rating and set a $45.00 target price (up from $43.00) on shares of United Natural Foods in a research report on Thursday, September 10th. BMO Capital Markets reissued an “outperform” rating and issued a $61.00 price target on shares of United Natural Foods in a research report on Wednesday, September 9th. Weiss Ratings raised shares of United Natural Foods from a “sell (d-)” rating to a “hold (c)” rating in a research report on Tuesday, September 22nd. Deutsche Bank Aktiengesellschaft boosted their price objective on shares of United Natural Foods from $46.00 to $53.00 and gave the stock a “hold” rating in a research note on Friday, September 11th. Finally, UBS Group upped their price objective on shares of United Natural Foods from $47.00 to $50.00 and gave the stock a “neutral” rating in a report on Wednesday, September 9th.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of UNFI. Global Retirement Partners LLC acquired a new stake in shares of United Natural Foods in the second quarter valued at about $26,000. Integrated Wealth Concepts LLC bought a new position in shares of United Natural Foods in the second quarter worth about $27,000. Core Capital Management & Research inc. bought a new position in shares of United Natural Foods in the second quarter worth about $46,000. C M Bidwell & Associates Ltd. acquired a new position in shares of United Natural Foods during the 2nd quarter worth about $76,000. Finally, CoreCap Advisors LLC acquired a new position in shares of United Natural Foods during the 2nd quarter worth about $82,000. Institutional investors own 87.63% of the company’s stock.

United Natural Foods Stock Performance

UNFI opened at $46.96 on Thursday. The company has a market cap of $2.83 billion, a PE ratio of 35.05 and a beta of 0.97. The stock has a 50-day moving average of $45.75 and a 200-day moving average of $48.01. United Natural Foods has a 52-week low of $30.91 and a 52-week high of $57.02. The company has a debt-to-equity ratio of 0.97, a quick ratio of 0.49 and a current ratio of 1.29.

United Natural Foods (NYSE:UNFI) last issued its quarterly earnings data on Tuesday, September 8th. The company reported $0.69 EPS for the quarter, beating analysts’ consensus estimates of $0.62 by $0.07. United Natural Foods had a return on equity of 10.51% and a net margin of 0.27%. The business had revenue of $7.64 billion for the quarter, compared to analyst estimates of $7.71 billion. During the same quarter in the prior year, the firm posted ($0.11) EPS. The firm’s revenue for the quarter was down .7% on a year-over-year basis. United Natural Foods has set its FY 2027 guidance at 3.000-3.500 EPS. As a group, equities research analysts forecast that United Natural Foods will post 3.30 earnings per share for the current fiscal year.

United Natural Foods Company Profile

United Natural Foods, Inc (NYSE:UNFI) is a major grocery wholesaler and distributor serving food retailers and other customers across the United States and Canada. The company supplies natural, organic, specialty, fresh, and conventional grocery products to supermarkets, independent retailers, food cooperatives, and other businesses.

UNFI’s product offerings include fresh produce, dairy, meat and seafood, grocery and packaged foods, beverages, supplements, and personal-care products. In addition to distributing products from numerous manufacturers and brands, the company offers private-label products and provides services such as merchandising, marketing, category management, professional support, and supply-chain solutions.

Founded in 1976, UNFI expanded significantly through acquisitions, including its 2018 acquisition of Supervalu, which strengthened its conventional grocery distribution operations and customer network.