United Natural Foods (UNFI) Earning Somewhat Favorable Press Coverage, Analysis Finds
News stories about United Natural Foods (NASDAQ:UNFI) have trended somewhat positive on Saturday, according to Accern Sentiment. The research firm identifies positive and negative media coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. United Natural Foods earned a coverage optimism score of 0.22 on Accern’s scale. Accern also gave headlines about the company an impact score of 45.939183063001 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
These are some of the headlines that may have impacted Accern Sentiment Analysis’s scoring:
- Head-To-Head Analysis: United Natural Foods (UNFI) versus Its Peers (americanbankingnews.com)
- Analyzing United Natural Foods (UNFI) & Its Peers (americanbankingnews.com)
- United Natural Foods, Inc. (UNFI) Earns Sector Perform Rating from Royal Bank Of Canada (americanbankingnews.com)
- Earnings Review and Free Research Report: Hain Celestial Reported Better Than Expected Results (finance.yahoo.com)
- Oppenheimer Holdings, Inc. Reaffirms Hold Rating for United Natural Foods, Inc. (UNFI) (americanbankingnews.com)
Several equities analysts have recently issued reports on UNFI shares. BMO Capital Markets set a $38.00 price objective on United Natural Foods and gave the company a “hold” rating in a research note on Tuesday, June 27th. Royal Bank Of Canada set a $34.00 price objective on United Natural Foods and gave the company a “hold” rating in a research note on Tuesday, August 29th. Jefferies Group LLC reiterated a “hold” rating and issued a $38.00 price objective (down previously from $44.00) on shares of United Natural Foods in a research note on Sunday, June 25th. Pivotal Research reiterated a “sell” rating and issued a $32.00 price objective on shares of United Natural Foods in a research note on Tuesday, September 12th. Finally, Morgan Stanley reiterated an “underweight” rating and issued a $33.00 price objective (down previously from $36.00) on shares of United Natural Foods in a research note on Monday, June 19th. Five analysts have rated the stock with a sell rating, eleven have given a hold rating and four have given a buy rating to the stock. United Natural Foods currently has an average rating of “Hold” and a consensus target price of $42.69.
United Natural Foods (NASDAQ:UNFI) traded up 1.01% on Friday, reaching $43.03. The company’s stock had a trading volume of 1,203,822 shares. The firm’s 50 day moving average price is $36.25 and its 200-day moving average price is $39.08. The company has a market capitalization of $2.18 billion, a price-to-earnings ratio of 16.81 and a beta of 1.39. United Natural Foods has a 52 week low of $29.53 and a 52 week high of $49.74.
United Natural Foods (NASDAQ:UNFI) last released its earnings results on Wednesday, September 13th. The company reported $0.72 EPS for the quarter, topping analysts’ consensus estimates of $0.70 by $0.02. United Natural Foods had a return on equity of 8.10% and a net margin of 1.40%. The company had revenue of $2.34 billion for the quarter, compared to the consensus estimate of $2.36 billion. During the same quarter last year, the business posted $0.70 EPS. United Natural Foods’s quarterly revenue was up 5.7% compared to the same quarter last year. On average, equities analysts predict that United Natural Foods will post $2.71 EPS for the current year.
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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.
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