United Natural Foods (NYSE:UNFI) Trading Down 6.2% – Time to Sell?

United Natural Foods, Inc. (NYSE:UNFI)’s share price was down 6.2% during trading on Wednesday . The company traded as low as $31.66 and last traded at $32.3270. Approximately 376,787 shares changed hands during mid-day trading, a decline of 60% from the average daily volume of 932,950 shares. The stock had previously closed at $34.47.

Analyst Upgrades and Downgrades

Several research firms have issued reports on UNFI. Jefferies Financial Group boosted their price target on United Natural Foods from $27.00 to $40.00 and gave the company a “hold” rating in a report on Wednesday, October 1st. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of United Natural Foods in a research note on Tuesday, October 14th. Roth Capital boosted their price objective on United Natural Foods from $25.00 to $35.00 and gave the company a “neutral” rating in a research note on Wednesday, October 1st. UBS Group increased their target price on shares of United Natural Foods from $29.00 to $42.00 and gave the stock a “buy” rating in a report on Wednesday, October 1st. Finally, The Goldman Sachs Group raised their target price on shares of United Natural Foods from $29.00 to $40.00 and gave the stock a “neutral” rating in a research note on Wednesday, October 1st. Three analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $36.10.

United Natural Foods Price Performance

The firm has a 50 day moving average of $38.37 and a 200-day moving average of $30.82. The company has a current ratio of 1.38, a quick ratio of 0.50 and a debt-to-equity ratio of 1.25. The company has a market cap of $1.96 billion, a P/E ratio of -19.40 and a beta of 0.82.

United Natural Foods (NYSE:UNFI) last posted its quarterly earnings results on Tuesday, December 2nd. The company reported $0.56 earnings per share for the quarter, topping the consensus estimate of $0.39 by $0.17. The business had revenue of $7.84 billion during the quarter, compared to the consensus estimate of $7.91 billion. United Natural Foods had a positive return on equity of 4.35% and a negative net margin of 0.32%.The firm’s revenue for the quarter was down .4% compared to the same quarter last year. During the same period in the prior year, the company posted $0.16 EPS. United Natural Foods has set its FY 2026 guidance at 1.500-2.300 EPS. On average, equities research analysts predict that United Natural Foods, Inc. will post 0.76 EPS for the current year.

Insiders Place Their Bets

In other United Natural Foods news, insider Danielle Benedict sold 11,655 shares of United Natural Foods stock in a transaction on Tuesday, September 30th. The shares were sold at an average price of $35.31, for a total value of $411,538.05. Following the sale, the insider directly owned 89,544 shares in the company, valued at approximately $3,161,798.64. The trade was a 11.52% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 2.40% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the company. Quarry LP bought a new stake in shares of United Natural Foods in the third quarter worth about $29,000. Larson Financial Group LLC grew its holdings in United Natural Foods by 4,266.7% during the 3rd quarter. Larson Financial Group LLC now owns 786 shares of the company’s stock valued at $30,000 after buying an additional 768 shares in the last quarter. Caitong International Asset Management Co. Ltd increased its stake in United Natural Foods by 1,672.7% in the 1st quarter. Caitong International Asset Management Co. Ltd now owns 975 shares of the company’s stock worth $27,000 after acquiring an additional 920 shares during the last quarter. Farther Finance Advisors LLC increased its stake in United Natural Foods by 88.3% in the 2nd quarter. Farther Finance Advisors LLC now owns 1,077 shares of the company’s stock worth $25,000 after acquiring an additional 505 shares during the last quarter. Finally, EverSource Wealth Advisors LLC raised its holdings in shares of United Natural Foods by 84.2% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,332 shares of the company’s stock worth $31,000 after acquiring an additional 609 shares in the last quarter. Hedge funds and other institutional investors own 87.63% of the company’s stock.

About United Natural Foods

United Natural Foods, Inc, together with its subsidiaries, distributes natural, organic, specialty, produce, and conventional grocery and non-food products in the United States and Canada. It operates in two segments, Wholesale and Retail. The company offers grocery and general merchandise, produce, perishables and frozen foods, wellness and personal care items, and bulk and foodservice products.