Roth Capital Reiterates Neutral Rating for United Natural Foods (NYSE:UNFI)

United Natural Foods (NYSE:UNFI)‘s stock had its “neutral” rating reaffirmed by investment analysts at Roth Capital in a research note issued to investors on Thursday,Benzinga reports. They currently have a $35.00 price objective on the stock. Roth Capital’s price target would suggest a potential upside of 6.90% from the stock’s previous close.

A number of other equities analysts also recently issued reports on the company. UBS Group raised their price target on United Natural Foods from $29.00 to $42.00 and gave the stock a “buy” rating in a research note on Wednesday, October 1st. Weiss Ratings restated a “sell (d-)” rating on shares of United Natural Foods in a research note on Tuesday, October 14th. Zacks Research cut shares of United Natural Foods from a “strong-buy” rating to a “hold” rating in a research note on Monday, December 1st. The Goldman Sachs Group boosted their target price on shares of United Natural Foods from $29.00 to $40.00 and gave the company a “neutral” rating in a research report on Wednesday, October 1st. Finally, Wells Fargo & Company upped their target price on shares of United Natural Foods from $36.00 to $37.00 and gave the company an “equal weight” rating in a report on Wednesday, December 3rd. Three investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $37.22.

United Natural Foods Stock Performance

Shares of UNFI stock opened at $32.74 on Thursday. The company has a quick ratio of 0.50, a current ratio of 1.38 and a debt-to-equity ratio of 1.25. The company has a 50 day moving average price of $37.91 and a 200-day moving average price of $30.86. United Natural Foods has a 52 week low of $20.78 and a 52 week high of $43.29. The firm has a market capitalization of $1.99 billion, a PE ratio of -19.72 and a beta of 0.82.

United Natural Foods (NYSE:UNFI) last issued its quarterly earnings data on Tuesday, December 2nd. The company reported $0.56 earnings per share for the quarter, beating analysts’ consensus estimates of $0.39 by $0.17. United Natural Foods had a negative net margin of 0.32% and a positive return on equity of 4.35%. The company had revenue of $7.84 billion for the quarter, compared to the consensus estimate of $7.91 billion. During the same quarter in the prior year, the firm earned $0.16 earnings per share. The firm’s revenue for the quarter was down .4% compared to the same quarter last year. United Natural Foods has set its FY 2026 guidance at 1.500-2.300 EPS. As a group, equities research analysts expect that United Natural Foods will post 0.76 earnings per share for the current year.

Insider Buying and Selling at United Natural Foods

In other news, insider Danielle Benedict sold 11,655 shares of the stock in a transaction on Tuesday, September 30th. The shares were sold at an average price of $35.31, for a total value of $411,538.05. Following the completion of the sale, the insider directly owned 89,544 shares of the company’s stock, valued at $3,161,798.64. This represents a 11.52% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 2.40% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of UNFI. Farther Finance Advisors LLC increased its stake in United Natural Foods by 88.3% in the 2nd quarter. Farther Finance Advisors LLC now owns 1,077 shares of the company’s stock worth $25,000 after buying an additional 505 shares in the last quarter. Caitong International Asset Management Co. Ltd boosted its stake in shares of United Natural Foods by 1,672.7% in the first quarter. Caitong International Asset Management Co. Ltd now owns 975 shares of the company’s stock worth $27,000 after acquiring an additional 920 shares during the period. Quarry LP bought a new stake in United Natural Foods during the 3rd quarter valued at approximately $29,000. Larson Financial Group LLC lifted its holdings in United Natural Foods by 4,266.7% in the 3rd quarter. Larson Financial Group LLC now owns 786 shares of the company’s stock worth $30,000 after purchasing an additional 768 shares in the last quarter. Finally, EverSource Wealth Advisors LLC lifted its holdings in United Natural Foods by 84.2% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,332 shares of the company’s stock worth $31,000 after purchasing an additional 609 shares in the last quarter. Hedge funds and other institutional investors own 87.63% of the company’s stock.

About United Natural Foods

United Natural Foods, Inc, together with its subsidiaries, distributes natural, organic, specialty, produce, and conventional grocery and non-food products in the United States and Canada. It operates in two segments, Wholesale and Retail. The company offers grocery and general merchandise, produce, perishables and frozen foods, wellness and personal care items, and bulk and foodservice products.