United Natural Foods, Inc. (NASDAQ:UNFI) – Investment analysts at Oppenheimer Holdings issued their Q1 2018 earnings per share (EPS) estimates for shares of United Natural Foods in a report issued on Wednesday. Oppenheimer Holdings analyst R. Parikh expects that the company will post earnings per share of $0.61 for the quarter. Oppenheimer Holdings also issued estimates for United Natural Foods’ Q2 2018 earnings at $0.54 EPS, Q3 2018 earnings at $0.81 EPS, Q4 2018 earnings at $0.75 EPS, FY2018 earnings at $2.72 EPS and FY2019 earnings at $2.85 EPS.

United Natural Foods (NASDAQ:UNFI) last announced its earnings results on Wednesday, September 13th. The company reported $0.72 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.70 by $0.02. United Natural Foods had a net margin of 1.40% and a return on equity of 8.21%. The firm had revenue of $2.34 billion for the quarter, compared to analyst estimates of $2.36 billion. During the same quarter last year, the business earned $0.70 earnings per share. United Natural Foods’s revenue was up 5.7% compared to the same quarter last year.

WARNING: “Brokers Offer Predictions for United Natural Foods, Inc.’s Q1 2018 Earnings (UNFI)” was reported by American Banking News and is the sole property of of American Banking News. If you are reading this article on another publication, it was illegally stolen and republished in violation of US & international trademark and copyright law. The correct version of this article can be viewed at https://www.americanbankingnews.com/2017/09/15/brokers-offer-predictions-for-united-natural-foods-inc-s-q1-2018-earnings-unfi.html.

UNFI has been the topic of several other reports. BMO Capital Markets set a $38.00 target price on shares of United Natural Foods and gave the stock a “hold” rating in a research report on Tuesday, June 27th. Royal Bank Of Canada set a $34.00 target price on shares of United Natural Foods and gave the stock a “hold” rating in a research report on Tuesday, August 29th. Jefferies Group LLC reissued a “hold” rating and issued a $38.00 target price (down from $44.00) on shares of United Natural Foods in a research report on Sunday, June 25th. Morgan Stanley reissued an “underweight” rating and issued a $33.00 target price (down from $36.00) on shares of United Natural Foods in a research report on Monday, June 19th. Finally, BidaskClub raised shares of United Natural Foods from a “sell” rating to a “hold” rating in a research report on Saturday, July 1st. Six research analysts have rated the stock with a sell rating, nine have given a hold rating and four have issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average price target of $42.56.

Shares of United Natural Foods (NASDAQ UNFI) traded up 1.53% during mid-day trading on Friday, reaching $39.78. 488,806 shares of the company were exchanged. The company’s 50 day moving average price is $36.08 and its 200 day moving average price is $39.21. United Natural Foods has a 12 month low of $29.53 and a 12 month high of $49.74. The firm has a market capitalization of $2.01 billion, a PE ratio of 15.98 and a beta of 1.39.

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Robecosam AG grew its position in United Natural Foods by 83.4% during the second quarter. Robecosam AG now owns 63,044 shares of the company’s stock valued at $2,274,000 after purchasing an additional 28,668 shares in the last quarter. CS Mckee LP grew its position in United Natural Foods by 0.4% during the second quarter. CS Mckee LP now owns 24,700 shares of the company’s stock valued at $906,000 after purchasing an additional 100 shares in the last quarter. Rowland & Co. Investment Counsel ADV grew its position in United Natural Foods by 89.1% during the second quarter. Rowland & Co. Investment Counsel ADV now owns 9,700 shares of the company’s stock valued at $357,000 after purchasing an additional 4,570 shares in the last quarter. The Manufacturers Life Insurance Company grew its position in United Natural Foods by 3.6% during the second quarter. The Manufacturers Life Insurance Company now owns 159,431 shares of the company’s stock valued at $5,852,000 after purchasing an additional 5,475 shares in the last quarter. Finally, Earnest Partners LLC grew its position in United Natural Foods by 2.1% during the second quarter. Earnest Partners LLC now owns 1,286,088 shares of the company’s stock valued at $47,199,000 after purchasing an additional 26,895 shares in the last quarter.

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.

Earnings History and Estimates for United Natural Foods (NASDAQ:UNFI)

Receive News & Ratings for United Natural Foods Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for United Natural Foods Inc. and related companies with MarketBeat.com's FREE daily email newsletter.