Q2 Earnings Estimate for Unifi Issued By Sidoti (NYSE:UFI)

Unifi, Inc. (NYSE:UFI) – Equities research analysts at Sidoti reduced their Q2 2027 EPS estimates for Unifi in a research note issued to investors on Friday, October 30th. Sidoti analyst A. Lebiedzinski now anticipates that the textile maker will post earnings per share of ($0.19) for the quarter, down from their previous estimate of ($0.11). Sidoti also issued estimates for Unifi’s FY2027 earnings at ($0.02) EPS.

UFI has been the topic of a number of other reports. Wall Street Zen upgraded Unifi from a “hold” rating to a “buy” rating in a research note on Saturday, September 19th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Unifi in a report on Tuesday, October 6th. One equities research analyst has rated the stock with a Sell rating. Based on data from MarketBeat, the stock has an average rating of “Sell”.

Unifi Stock Down 0.7%

NYSE UFI opened at $5.86 on Tuesday. The business’s fifty day moving average price is $6.47 and its 200-day moving average price is $5.04. The company has a debt-to-equity ratio of 0.34, a current ratio of 3.33 and a quick ratio of 1.74. Unifi has a 1-year low of $2.96 and a 1-year high of $8.47.

Unifi (NYSE:UFI) last posted its earnings results on Thursday, October 29th. The textile maker reported ($0.09) EPS for the quarter, topping analysts’ consensus estimates of ($0.15) by $0.06. The business had revenue of $127.92 million during the quarter, compared to the consensus estimate of $129.91 million. Unifi had a negative net margin of 4.62% and a negative return on equity of 10.32%.

Hedge Funds Weigh In On Unifi

An institutional investor recently bought a new stake in Unifi stock. NewEdge Advisors LLC acquired a new position in Unifi, Inc. (NYSE:UFI) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 26,494 shares of the textile maker’s stock, valued at approximately $126,000. NewEdge Advisors LLC owned approximately 0.14% of Unifi at the end of the most recent reporting period. 67.67% of the stock is currently owned by hedge funds and other institutional investors.

About Unifi

Unifi, Inc is a textile manufacturing company that produces synthetic and recycled yarns for customers in the apparel, hosiery, home furnishings, automotive, industrial and other consumer markets. Its products include polyester and nylon textured yarns, staple fiber and related value-added textile materials used in fabrics and finished goods.

The company is best known for its REPREVE brand, which transforms recycled plastic bottles and other materials into performance fibers. REPREVE fibers are used in products designed to offer attributes such as moisture management, stretch, softness, thermal performance and enhanced durability.