Unifirst Corporation (NYSE:UNF) – Stock analysts at KeyCorp issued their Q1 2018 earnings per share (EPS) estimates for Unifirst Corporation in a report issued on Wednesday. KeyCorp analyst J. Box expects that the textile maker will earn $1.45 per share for the quarter. KeyCorp also issued estimates for Unifirst Corporation’s Q2 2018 earnings at $1.14 EPS, Q3 2018 earnings at $1.37 EPS and Q4 2018 earnings at $1.38 EPS.

A number of other research analysts have also issued reports on UNF. Zacks Investment Research lowered shares of Unifirst Corporation from a “hold” rating to a “strong sell” rating in a research report on Saturday. Northcoast Research restated a “neutral” rating on shares of Unifirst Corporation in a research report on Thursday. Robert W. Baird increased their target price on shares of Unifirst Corporation from $163.00 to $171.00 and gave the stock an “outperform” rating in a research report on Thursday. Finally, BidaskClub lowered shares of Unifirst Corporation from a “hold” rating to a “sell” rating in a research report on Wednesday, July 12th. Two investment analysts have rated the stock with a sell rating, two have assigned a hold rating and one has issued a buy rating to the company’s stock. Unifirst Corporation currently has a consensus rating of “Hold” and an average target price of $165.00.

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

Unifirst Corporation (NYSE:UNF) last announced its quarterly earnings results on Wednesday, October 18th. The textile maker reported $1.44 EPS for the quarter, topping analysts’ consensus estimates of $1.24 by $0.20. The firm had revenue of $403.60 million during the quarter, compared to analysts’ expectations of $392.15 million. Unifirst Corporation had a net margin of 4.40% and a return on equity of 7.53%. The company’s revenue for the quarter was up 10.9% compared to the same quarter last year. During the same quarter last year, the company earned $1.27 earnings per share.

Institutional investors have recently modified their holdings of the company. Trust Co. of Vermont bought a new stake in shares of Unifirst Corporation during the 2nd quarter worth approximately $149,000. Riverhead Capital Management LLC lifted its holdings in shares of Unifirst Corporation by 83.2% during the 2nd quarter. Riverhead Capital Management LLC now owns 1,099 shares of the textile maker’s stock worth $155,000 after acquiring an additional 499 shares during the period. Huntington National Bank lifted its holdings in shares of Unifirst Corporation by 6.4% during the 2nd quarter. Huntington National Bank now owns 1,285 shares of the textile maker’s stock worth $181,000 after acquiring an additional 77 shares during the period. Citadel Advisors LLC bought a new stake in shares of Unifirst Corporation during the 1st quarter worth approximately $213,000. Finally, Shelton Capital Management bought a new stake in shares of Unifirst Corporation during the 2nd quarter worth approximately $216,000. 73.47% of the stock is owned by institutional investors.

About Unifirst Corporation

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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