Jefferies Group LLC reaffirmed their hold rating on shares of United Natural Foods, Inc. (NASDAQ:UNFI) in a research report report published on Thursday. The firm currently has a $39.00 price objective on the stock, up from their previous price objective of $38.00. Jefferies Group also issued estimates for United Natural Foods’ Q1 2018 earnings at $0.58 EPS, Q3 2018 earnings at $0.82 EPS, Q4 2018 earnings at $0.78 EPS, FY2020 earnings at $3.00 EPS, FY2021 earnings at $3.12 EPS and FY2022 earnings at $3.25 EPS.

Several other research firms also recently issued reports on UNFI. BMO Capital Markets set a $38.00 price target on shares of United Natural Foods and gave the company a hold rating in a research report on Tuesday, June 27th. Stephens began coverage on shares of United Natural Foods in a research report on Friday, August 11th. They issued an equal weight rating and a $50.00 price target for the company. Loop Capital reaffirmed a buy rating and set a $50.00 price objective (up from $44.00) on shares of United Natural Foods in a report on Thursday. Zacks Investment Research raised shares of United Natural Foods from a sell rating to a hold rating in a report on Thursday, June 8th. Finally, Deutsche Bank AG cut their price objective on shares of United Natural Foods from $46.00 to $43.00 and set a hold rating on the stock in a report on Wednesday, June 7th. Five investment analysts have rated the stock with a sell rating, ten have issued a hold rating and four have assigned a buy rating to the company’s stock. The company currently has an average rating of Hold and a consensus price target of $42.56.

Shares of United Natural Foods (NASDAQ UNFI) traded up 0.82% on Thursday, reaching $39.50. 1,805,809 shares of the company traded hands. United Natural Foods has a one year low of $29.53 and a one year high of $49.74. The firm has a 50-day moving average price of $36.08 and a 200 day moving average price of $39.21. The company has a market capitalization of $2.00 billion, a PE ratio of 15.86 and a beta of 1.39.

United Natural Foods (NASDAQ:UNFI) last posted its quarterly earnings results on Wednesday, September 13th. The company reported $0.72 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.70 by $0.02. United Natural Foods had a net margin of 1.40% and a return on equity of 8.21%. The business had revenue of $2.34 billion during the quarter, compared to the consensus estimate of $2.36 billion. During the same quarter last year, the firm posted $0.70 EPS. United Natural Foods’s revenue was up 5.7% compared to the same quarter last year. Equities analysts forecast that United Natural Foods will post $2.69 EPS for the current fiscal year.

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Large investors have recently modified their holdings of the stock. Flinton Capital Management LLC boosted its holdings in shares of United Natural Foods by 9.5% in the 1st quarter. Flinton Capital Management LLC now owns 2,912 shares of the company’s stock worth $126,000 after buying an additional 252 shares during the last quarter. Neuburgh Advisers LLC boosted its holdings in shares of United Natural Foods by 9.5% in the 1st quarter. Neuburgh Advisers LLC now owns 3,536 shares of the company’s stock worth $153,000 after buying an additional 306 shares during the last quarter. Sei Investments Co. boosted its holdings in shares of United Natural Foods by 47.2% in the 2nd quarter. Sei Investments Co. now owns 3,622 shares of the company’s stock worth $133,000 after buying an additional 1,162 shares during the last quarter. LS Investment Advisors LLC boosted its holdings in shares of United Natural Foods by 20.5% in the 2nd quarter. LS Investment Advisors LLC now owns 4,171 shares of the company’s stock worth $153,000 after buying an additional 711 shares during the last quarter. Finally, Riverhead Capital Management LLC boosted its holdings in shares of United Natural Foods by 80.6% in the 2nd quarter. Riverhead Capital Management LLC now owns 4,695 shares of the company’s stock worth $172,000 after buying an additional 2,095 shares during the last quarter.

United Natural Foods Company Profile

United Natural Foods, Inc is a distributor and retailer of natural, organic and specialty products. The Company’s segments include Wholesale and Other. The Wholesale segment is engaged in the national distribution of natural, organic and specialty foods, produce and related products in the United States and Canada.

Analyst Recommendations for United Natural Foods (NASDAQ:UNFI)

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