UniFirst Corp. Director Michael Iandoli Unloads 2,636 Shares (UNF)
UniFirst Corp. (NYSE:UNF) Director Michael Iandoli unloaded 2,636 shares of UniFirst Corp. stock on the open market in a transaction dated Wednesday, July 16th. The shares were sold at an average price of $101.81, for a total value of $268,371.16. Following the completion of the sale, the director now directly owns 5,000 shares of the company’s stock, valued at approximately $509,050. The transaction was disclosed in a document filed with the SEC, which is available at this link.
Shares of UniFirst Corp. (NYSE:UNF) traded down 1.59% during mid-day trading on Thursday, hitting $101.20. 38,474 shares of the company’s stock traded hands. UniFirst Corp. has a 1-year low of $91.59 and a 1-year high of $117.91. The stock’s 50-day moving average is $102.7 and its 200-day moving average is $103.. The company has a market cap of $2.028 billion and a P/E ratio of 17.04.
UniFirst Corp. (NYSE:UNF) last announced its earnings results on Wednesday, July 2nd. The company reported $1.53 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.42 by $0.11. The company had revenue of $352.20 million for the quarter, compared to the consensus estimate of $349.24 million. During the same quarter in the previous year, the company posted $1.43 earnings per share. The company’s revenue for the quarter was up 4.9% on a year-over-year basis. On average, analysts predict that UniFirst Corp. will post $5.82 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which is scheduled for Wednesday, October 1st. Stockholders of record on Wednesday, September 10th will be paid a dividend of $0.0375 per share. This represents a $0.15 annualized dividend and a dividend yield of 0.15%. The ex-dividend date is Monday, September 8th.
UniFirst Corporation (NYSE:UNF) is a provider of workplace uniforms and protective work wear clothing in the United States.
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