Unifirst Corporation (UNF) Receives News Impact Rating of 0.09
Media coverage about Unifirst Corporation (NYSE:UNF) has trended somewhat positive recently, Accern Sentiment Analysis reports. The research group identifies positive and negative press coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Unifirst Corporation earned a daily sentiment score of 0.09 on Accern’s scale. Accern also assigned headlines about the textile maker an impact score of 46.902256806409 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
UNF has been the subject of several recent analyst reports. Zacks Investment Research cut shares of Unifirst Corporation from a “hold” rating to a “strong sell” rating in a research note on Saturday, October 21st. Northcoast Research restated a “neutral” rating on shares of Unifirst Corporation in a research note on Thursday, October 19th. Finally, Robert W. Baird raised their target price on shares of Unifirst Corporation from $163.00 to $171.00 and gave the stock an “outperform” rating in a research note on Thursday, October 19th. Two investment analysts have rated the stock with a sell rating, two have assigned a hold rating and one has given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $165.00.
Shares of Unifirst Corporation (NYSE UNF) traded up $0.90 during midday trading on Tuesday, hitting $155.00. 84,104 shares of the company traded hands, compared to its average volume of 56,505. Unifirst Corporation has a 12-month low of $124.85 and a 12-month high of $162.40. The firm has a market capitalization of $3,100.00, a PE ratio of 29.11, a price-to-earnings-growth ratio of 2.92 and a beta of 0.74.
Unifirst Corporation (NYSE:UNF) last announced its quarterly earnings data on Wednesday, October 18th. The textile maker reported $1.44 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.24 by $0.20. Unifirst Corporation had a net margin of 4.40% and a return on equity of 7.53%. The firm had revenue of $403.60 million during the quarter, compared to analysts’ expectations of $392.15 million. During the same quarter last year, the business earned $1.27 earnings per share. The business’s revenue for the quarter was up 10.9% compared to the same quarter last year. sell-side analysts predict that Unifirst Corporation will post 5.26 earnings per share for the current year.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, January 5th. Investors of record on Friday, December 8th will be paid a $0.0375 dividend. This represents a $0.15 annualized dividend and a dividend yield of 0.10%. The ex-dividend date is Thursday, December 7th. Unifirst Corporation’s dividend payout ratio (DPR) is 4.35%.
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About Unifirst Corporation
UniFirst Corporation is a provider of workplace uniforms and protective work wear clothing in the United States. The Company designs, manufactures, personalizes, rents, cleans, delivers, and sells a range of uniforms and protective clothing, including shirts, pants, jackets, coveralls, lab coats, smocks, aprons and specialized protective wear, such as flame resistant and high visibility garments.
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