United Natural Foods, Inc. (NYSE:UNFI) Given Consensus Rating of “Hold” by Brokerages

Shares of United Natural Foods, Inc. (NYSE:UNFI) have been assigned an average recommendation of “Hold” from the ten brokerages that are covering the company, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, five have assigned a hold recommendation, three have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average twelve-month price target among brokers that have updated their coverage on the stock in the last year is $46.3750.

A number of equities analysts recently issued reports on UNFI shares. Wall Street Zen downgraded United Natural Foods from a “buy” rating to a “hold” rating in a report on Sunday. Wells Fargo & Company raised shares of United Natural Foods from an “equal weight” rating to an “overweight” rating and raised their price objective for the stock from $40.00 to $56.00 in a report on Thursday, March 26th. UBS Group boosted their price objective on shares of United Natural Foods from $44.00 to $47.00 and gave the stock a “neutral” rating in a research report on Wednesday, June 10th. Weiss Ratings restated a “sell (d-)” rating on shares of United Natural Foods in a report on Monday, July 6th. Finally, Roth Capital reaffirmed a “neutral” rating and issued a $43.00 target price on shares of United Natural Foods in a research report on Wednesday, June 10th.

United Natural Foods Stock Up 0.3%

Shares of NYSE UNFI opened at $48.99 on Tuesday. The company has a market capitalization of $2.97 billion, a price-to-earnings ratio of -74.23 and a beta of 0.83. The company has a debt-to-equity ratio of 1.04, a current ratio of 1.33 and a quick ratio of 0.51. The business has a 50-day moving average of $50.08 and a two-hundred day moving average of $43.56. United Natural Foods has a 1 year low of $23.36 and a 1 year high of $57.02.

United Natural Foods (NYSE:UNFI) last released its quarterly earnings data on Tuesday, June 9th. The company reported $0.77 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.81 by ($0.04). United Natural Foods had a positive return on equity of 7.42% and a negative net margin of 0.12%.The business had revenue of $7.72 billion for the quarter, compared to analyst estimates of $7.79 billion. During the same period in the prior year, the company posted $0.44 earnings per share. The company’s revenue was down 4.2% compared to the same quarter last year. United Natural Foods has set its FY 2026 guidance at 2.400-2.600 EPS. On average, analysts forecast that United Natural Foods will post 2.52 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other United Natural Foods news, insider Danielle Benedict sold 4,807 shares of the firm’s stock in a transaction dated Wednesday, May 6th. The stock was sold at an average price of $52.00, for a total transaction of $249,964.00. Following the transaction, the insider owned 98,470 shares of the company’s stock, valued at approximately $5,120,440. This trade represents a 4.65% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Mark Bushway sold 10,000 shares of United Natural Foods stock in a transaction dated Tuesday, June 23rd. The stock was sold at an average price of $51.56, for a total value of $515,600.00. Following the sale, the insider owned 51,119 shares in the company, valued at $2,635,695.64. This trade represents a 16.36% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 2.40% of the stock is owned by insiders.

Institutional Trading of United Natural Foods

A number of large investors have recently made changes to their positions in the company. Revisor Wealth Management LLC grew its stake in United Natural Foods by 4.7% during the 1st quarter. Revisor Wealth Management LLC now owns 6,188 shares of the company’s stock worth $279,000 after buying an additional 278 shares during the last quarter. PNC Financial Services Group Inc. lifted its stake in United Natural Foods by 4.0% in the fourth quarter. PNC Financial Services Group Inc. now owns 7,485 shares of the company’s stock valued at $252,000 after buying an additional 285 shares during the last quarter. Oregon Public Employees Retirement Fund lifted its stake in United Natural Foods by 2.1% in the fourth quarter. Oregon Public Employees Retirement Fund now owns 13,894 shares of the company’s stock valued at $468,000 after buying an additional 289 shares during the last quarter. Optimize Financial Inc boosted its holdings in shares of United Natural Foods by 1.5% in the fourth quarter. Optimize Financial Inc now owns 20,963 shares of the company’s stock valued at $706,000 after acquiring an additional 300 shares during the period. Finally, Arax Advisory Partners boosted its holdings in shares of United Natural Foods by 37.4% in the fourth quarter. Arax Advisory Partners now owns 1,102 shares of the company’s stock valued at $37,000 after acquiring an additional 300 shares during the period. 87.63% of the stock is owned by institutional investors and hedge funds.

United Natural Foods Company Profile

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.