United Natural Foods (NYSE:UNFI) Share Price Crosses Above 200 Day Moving Average – What’s Next?

United Natural Foods, Inc. (NYSE:UNFI)’s share price crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $30.92 and traded as high as $33.54. United Natural Foods shares last traded at $33.0040, with a volume of 803,450 shares changing hands.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on UNFI shares. UBS Group boosted their target price on shares of United Natural Foods from $29.00 to $42.00 and gave the company a “buy” rating in a report on Wednesday, October 1st. Weiss Ratings reissued a “sell (d-)” rating on shares of United Natural Foods in a research note on Tuesday, October 14th. Jefferies Financial Group upped their price objective on shares of United Natural Foods from $27.00 to $40.00 and gave the stock a “hold” rating in a report on Wednesday, October 1st. BMO Capital Markets reiterated an “outperform” rating on shares of United Natural Foods in a report on Thursday, December 11th. Finally, Zacks Research cut United Natural Foods from a “strong-buy” rating to a “hold” rating in a research report on Monday, December 1st. Three research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, United Natural Foods presently has a consensus rating of “Hold” and an average price target of $37.22.

United Natural Foods Stock Down 0.4%

The company has a market capitalization of $2.01 billion, a PE ratio of -19.88 and a beta of 0.82. The company has a debt-to-equity ratio of 1.25, a quick ratio of 0.50 and a current ratio of 1.38. The company’s 50-day moving average is $37.17 and its 200 day moving average is $30.92.

United Natural Foods (NYSE:UNFI) last issued its earnings results on Tuesday, December 2nd. The company reported $0.56 earnings per share (EPS) for the quarter, topping the consensus estimate 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 business had revenue of $7.84 billion during the quarter, compared to analysts’ expectations of $7.91 billion. During the same period in the previous year, the company earned $0.16 earnings per share. The business’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, analysts anticipate that United Natural Foods, Inc. will post 0.76 EPS for the current year.

Insider Transactions at United Natural Foods

In other United Natural Foods news, insider Danielle Benedict sold 11,655 shares of the stock in a transaction on Tuesday, September 30th. The stock was sold at an average price of $35.31, for a total transaction of $411,538.05. Following the sale, the insider directly owned 89,544 shares in the company, valued at approximately $3,161,798.64. This trade represents a 11.52% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 2.40% of the company’s stock.

Institutional Investors Weigh In On United Natural Foods

Institutional investors have recently modified their holdings of the business. Arrowstreet Capital Limited Partnership lifted its holdings in shares of United Natural Foods by 196.6% during the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 925,927 shares of the company’s stock valued at $21,583,000 after buying an additional 613,790 shares during the period. Victory Capital Management Inc. increased its position in United Natural Foods by 721.3% during the third quarter. Victory Capital Management Inc. now owns 615,889 shares of the company’s stock valued at $23,170,000 after acquiring an additional 540,897 shares during the last quarter. Invesco Ltd. lifted its holdings in United Natural Foods by 20.7% in the second quarter. Invesco Ltd. now owns 2,544,315 shares of the company’s stock valued at $59,308,000 after acquiring an additional 436,680 shares during the period. Towle & Co. bought a new position in United Natural Foods in the third quarter valued at about $13,724,000. Finally, Cubist Systematic Strategies LLC boosted its position in United Natural Foods by 428.7% in the first quarter. Cubist Systematic Strategies LLC now owns 270,262 shares of the company’s stock worth $7,402,000 after purchasing an additional 219,145 shares during the last quarter. 87.63% of the stock is owned by hedge funds and other institutional investors.

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.