Unifirst Corporation (NYSE:UNF) – Analysts at Northcoast Research issued their Q1 2018 earnings per share (EPS) estimates for Unifirst Corporation in a research report issued to clients and investors on Thursday. Northcoast Research analyst J. Healy forecasts that the textile maker will post earnings of $1.29 per share for the quarter. Northcoast Research has a “Neutral” rating on the stock.

Unifirst Corporation (NYSE:UNF) last posted its earnings results on Wednesday, October 18th. The textile maker reported $1.44 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.24 by $0.20. The firm had revenue of $403.60 million for the quarter, compared to the consensus estimate of $392.15 million. Unifirst Corporation had a net margin of 4.40% and a return on equity of 7.53%. The business’s quarterly revenue was up 10.9% on a year-over-year basis. During the same period in the prior year, the business posted $1.27 earnings per share.

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Several other equities research analysts have also recently commented on UNF. Robert W. Baird raised shares of Unifirst Corporation from a “neutral” rating to an “outperform” rating and boosted their price target for the stock from $145.00 to $163.00 in a research report on Thursday, June 29th. Zacks Investment Research lowered shares of Unifirst Corporation from a “buy” rating to a “hold” rating in a research note on Tuesday, July 4th. Finally, BidaskClub lowered shares of Unifirst Corporation from a “hold” rating to a “sell” rating in a research note on Wednesday, July 12th. Two investment analysts have rated the stock with a sell rating, two have given a hold rating and one has assigned a buy rating to the company. Unifirst Corporation currently has a consensus rating of “Hold” and an average price target of $165.00.

Unifirst Corporation (NYSE UNF) opened at 155.95 on Monday. The firm has a market capitalization of $3.16 billion, a P/E ratio of 28.74 and a beta of 0.70. Unifirst Corporation has a 52-week low of $116.90 and a 52-week high of $160.62. The firm’s 50-day moving average is $149.91 and its 200 day moving average is $142.11.

Several institutional investors have recently added to or reduced their stakes in the company. Public Employees Retirement System of Ohio increased its stake in shares of Unifirst Corporation by 3.6% during the 2nd quarter. Public Employees Retirement System of Ohio now owns 63,582 shares of the textile maker’s stock worth $8,946,000 after purchasing an additional 2,184 shares during the last quarter. Piedmont Investment Advisors LLC acquired a new position in shares of Unifirst Corporation during the 2nd quarter worth about $470,000. Martin & Co. Inc. TN increased its stake in shares of Unifirst Corporation by 1.2% during the 2nd quarter. Martin & Co. Inc. TN now owns 9,499 shares of the textile maker’s stock worth $1,337,000 after purchasing an additional 115 shares during the last quarter. Atlanta Capital Management Co. L L C increased its stake in shares of Unifirst Corporation by 11.1% during the 2nd quarter. Atlanta Capital Management Co. L L C now owns 254,924 shares of the textile maker’s stock worth $35,868,000 after purchasing an additional 25,386 shares during the last quarter. Finally, State Street Corp increased its stake in shares of Unifirst Corporation by 4.4% during the 2nd quarter. State Street Corp now owns 376,860 shares of the textile maker’s stock worth $53,020,000 after purchasing an additional 15,909 shares during the last quarter. Institutional investors own 73.47% of the company’s stock.

Unifirst Corporation Company Profile

UniFirst Corporation is a provider of workplace uniforms and protective work wear clothing in the United States. The Company designs, manufactures, personalizes, rents, cleans, delivers, and sells a range of uniforms and protective clothing, including shirts, pants, jackets, coveralls, lab coats, smocks, aprons and specialized protective wear, such as flame resistant and high visibility garments.

Earnings History and Estimates for Unifirst Corporation (NYSE:UNF)

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