Insider Selling: UniFirst Corp. VP Unloads 2,000 Shares of Stock (UNF)
UniFirst Corp. (NYSE:UNF) VP David Martin Katz sold 2,000 shares of the stock on the open market in a transaction dated Tuesday, May 27th. The stock was sold at an average price of $98.96, for a total transaction of $197,920.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
Separately, analysts at Ned Davis Research upgraded shares of UniFirst Corp. from a “neutral” rating to a “buy” rating in a research note on Monday, March 10th.
Shares of UniFirst Corp. (NYSE:UNF) traded up 1.48% on Tuesday, hitting $100.62. The stock had a trading volume of 33,167 shares. UniFirst Corp. has a 52-week low of $87.68 and a 52-week high of $117.91. The stock has a 50-day moving average of $95.87 and a 200-day moving average of $103.2. The company has a market cap of $2.020 billion and a price-to-earnings ratio of 16.73.
UniFirst Corp. (NYSE:UNF) last released its earnings data on Wednesday, April 2nd. The company reported $1.27 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.39 by $0.12. The company had revenue of $344.00 million for the quarter, compared to the consensus estimate of $347.49 million. During the same quarter in the previous year, the company posted $1.33 earnings per share. The company’s revenue for the quarter was up 2.9% on a year-over-year basis. Analysts expect that UniFirst Corp. will post $5.71 EPS for the current fiscal year.
UniFirst Corporation (NYSE:UNF) is a provider of workplace uniforms and protective work wear clothing in the United States.
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