United Natural Foods (UNFI) Updates FY13 Earnings Guidance
United Natural Foods (UNFI) updated its FY13 earnings guidance on Tuesday. The company provided earnings per share guidance of $2.15-2.21 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.21.
A number of analysts have recently weighed in on UNFI shares. Analysts at Zacks reiterated a neutral rating on shares of United Natural Foods in a research note to investors on Friday, February 15th. They now have a $57.00 price target on the stock. Finally, analysts at Canaccord Genuity reiterated a buy rating on shares of United Natural Foods in a research note to investors on Tuesday, December 4th.
Nine equities research analysts have rated the stock with a buy rating, one has given an overweight rating, six have given a hold rating, and one has issued a sell rating to the company’s stock. The stock has a consensus rating of overweight and a consensus target price of $59.13.
United Natural Foods (UNFI) opened at 53.00 on Tuesday. United Natural Foods (UNFI) has a 1-year low of $44.08 and a 1-year high of $61.26. The stock’s 50-day moving average is currently $53.4. The company has a market cap of $2.612 billion and a price-to-earnings ratio of 26.78.
United Natural Foods last released its earnings data on Tuesday, February 26th. The company reported $0.46 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.50 by $0.04. The company had revenue of $1.45 billion for the quarter, compared to the consensus estimate of $1.45 billion. During the same quarter in the prior year, the company posted $0.45 earnings per share. The company’s quarterly revenue was up 12.4% on a year-over-year basis. United Natural Foods has set its FY13 guidance at $2.15-2.21 EPS. On average, analysts predict that United Natural Foods (UNFI) will post $2.22 earnings per share for the current fiscal year.
United Natural Foods, Inc. is a distributor of natural, organic and specialty foods and non-food products in the United States and Canada.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.