United Natural Foods (NYSE:UNFI) Sets New 1-Year High – What’s Next?

United Natural Foods, Inc. (NYSE:UNFI) reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as $49.89 and last traded at $49.55, with a volume of 66183 shares. The stock had previously closed at $48.92.

Wall Street Analyst Weigh In

Several research firms have issued reports on UNFI. BMO Capital Markets boosted their price objective on United Natural Foods from $48.00 to $52.00 and gave the stock an “outperform” rating in a report on Wednesday, March 11th. UBS Group boosted their price objective on United Natural Foods from $42.00 to $44.00 and gave the stock a “neutral” rating in a report on Wednesday, March 11th. Zacks Research downgraded United Natural Foods from a “strong-buy” rating to a “hold” rating in a report on Monday, February 2nd. Wall Street Zen upgraded United Natural Foods from a “hold” rating to a “buy” rating in a report on Sunday, April 26th. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of United Natural Foods in a report on Wednesday, April 8th. Three analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, United Natural Foods has a consensus rating of “Hold” and a consensus target price of $43.63.

United Natural Foods Trading Up 2.3%

The stock has a market cap of $3.11 billion, a price-to-earnings ratio of -39.37 and a beta of 0.83. The company has a debt-to-equity ratio of 1.11, a quick ratio of 0.52 and a current ratio of 1.33. The company’s 50 day simple moving average is $43.21 and its two-hundred day simple moving average is $38.89.

United Natural Foods (NYSE:UNFI) last released its quarterly earnings data on Tuesday, March 10th. The company reported $0.62 earnings per share for the quarter, beating the consensus estimate of $0.51 by $0.11. The firm had revenue of $7.95 billion for the quarter, compared to analyst estimates of $8.11 billion. United Natural Foods had a negative net margin of 0.25% and a positive return on equity of 6.05%. The company’s revenue for the quarter was down 2.6% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.22 EPS. United Natural Foods has set its FY 2026 guidance at 2.300-2.700 EPS. Research analysts expect that United Natural Foods, Inc. will post 2.52 EPS for the current fiscal year.

Institutional Investors Weigh In On United Natural Foods

Several large investors have recently made changes to their positions in the company. Fifth Third Bancorp grew its stake in shares of United Natural Foods by 3,182.1% in the 1st quarter. Fifth Third Bancorp now owns 34,265 shares of the company’s stock valued at $1,544,000 after buying an additional 33,221 shares in the last quarter. Hsbc Holdings PLC grew its stake in shares of United Natural Foods by 137.1% in the 1st quarter. Hsbc Holdings PLC now owns 87,297 shares of the company’s stock valued at $3,909,000 after buying an additional 50,483 shares in the last quarter. Kestra Advisory Services LLC grew its stake in shares of United Natural Foods by 167.9% in the 1st quarter. Kestra Advisory Services LLC now owns 5,131 shares of the company’s stock valued at $231,000 after buying an additional 3,216 shares in the last quarter. Swedbank AB bought a new stake in shares of United Natural Foods in the 1st quarter valued at approximately $9,733,000. Finally, Revisor Wealth Management LLC grew its stake in shares of United Natural Foods by 4.7% in the 1st quarter. Revisor Wealth Management LLC now owns 6,188 shares of the company’s stock valued at $279,000 after buying an additional 278 shares in the last quarter. Institutional investors own 87.63% of the company’s stock.

United Natural Foods Company Profile

United Natural Foods, Inc (NYSE: UNFI) is a leading distributor of natural, organic and specialty foods in North America. Founded in 1976 and headquartered in Providence, Rhode Island, the company has grown through strategic acquisitions and organic expansion to become one of the largest food distributors serving retail, foodservice and e-commerce customers.

UNFI’s core business centers on the procurement, warehousing and distribution of a broad portfolio of products, including fresh produce, groceries, frozen foods, dairy, bakery items, beverages, supplements and household essentials.