United Natural Foods (NYSE:UNFI) Share Price Crosses Above 200 Day Moving Average – Time to Sell?

United Natural Foods, Inc. (NYSE:UNFIGet Free Report)’s stock price passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $33.11 and traded as high as $39.26. United Natural Foods shares last traded at $39.0530, with a volume of 913,955 shares trading hands.

Analyst Ratings Changes

UNFI has been the subject of a number of research reports. Wells Fargo & Company dropped their target price on shares of United Natural Foods from $37.00 to $35.00 and set an “equal weight” rating for the company in a report on Friday, December 19th. Zacks Research upgraded shares of United Natural Foods from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, December 30th. The Goldman Sachs Group increased their price objective on shares of United Natural Foods from $29.00 to $40.00 and gave the company a “neutral” rating in a research note on Wednesday, October 1st. Roth Mkm reaffirmed a “neutral” rating and set a $35.00 target price on shares of United Natural Foods in a research note on Thursday, December 11th. Finally, Jefferies Financial Group upped their price target 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. One research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, United Natural Foods has a consensus rating of “Hold” and an average price target of $38.78.

View Our Latest Stock Analysis on United Natural Foods

United Natural Foods Trading Up 7.8%

The company has a current ratio of 1.38, a quick ratio of 0.50 and a debt-to-equity ratio of 1.25. The firm has a market capitalization of $2.38 billion, a price-to-earnings ratio of -23.53 and a beta of 0.86. The firm’s 50-day moving average is $34.33 and its 200 day moving average is $33.11.

United Natural Foods (NYSE:UNFIGet Free Report) last released its quarterly earnings results on Tuesday, December 2nd. The company reported $0.56 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.39 by $0.17. The firm had revenue of $7.84 billion during the quarter, compared to the consensus estimate of $7.91 billion. United Natural Foods had a negative net margin of 0.32% and a positive return on equity of 4.35%. The company’s revenue for the quarter was down .4% on a year-over-year basis. During the same quarter last year, the firm earned $0.16 earnings per share. United Natural Foods has set its FY 2026 guidance at 1.500-2.300 EPS. On average, equities analysts predict that United Natural Foods, Inc. will post 0.76 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, Director James C. Pappas acquired 15,000 shares of the stock in a transaction dated Friday, January 2nd. The stock was bought at an average cost of $33.76 per share, for a total transaction of $506,400.00. Following the completion of the transaction, the director directly owned 192,178 shares of the company’s stock, valued at $6,487,929.28. The trade was a 8.47% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Louis Anthony Martin sold 9,439 shares of United Natural Foods stock in a transaction that occurred on Monday, December 22nd. The stock was sold at an average price of $34.67, for a total value of $327,250.13. Following the completion of the transaction, the insider directly owned 81,234 shares in the company, valued at approximately $2,816,382.78. This represents a 10.41% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 2.40% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the company. Brighton Jones LLC acquired a new stake in United Natural Foods in the fourth quarter worth $656,000. Highland Capital Management LLC bought a new position in shares of United Natural Foods during the 2nd quarter worth about $228,000. Wedge Capital Management L L P NC acquired a new stake in shares of United Natural Foods in the 3rd quarter valued at about $2,588,000. Jefferies Financial Group Inc. bought a new stake in United Natural Foods in the 2nd quarter valued at about $442,000. Finally, Los Angeles Capital Management LLC acquired a new position in United Natural Foods during the 2nd quarter worth approximately $364,000. Institutional investors own 87.63% of the company’s stock.

About United Natural Foods

(Get Free Report)

United Natural Foods, Inc (NYSE: UNFI) is a leading distributor of natural, organic and specialty foods in North America. Founded in 1976 and headquartered in Providence, Rhode Island, the company has grown through strategic acquisitions and organic expansion to become one of the largest food distributors serving retail, foodservice and e-commerce customers.

UNFI’s core business centers on the procurement, warehousing and distribution of a broad portfolio of products, including fresh produce, groceries, frozen foods, dairy, bakery items, beverages, supplements and household essentials.

Recommended Stories

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