United Natural Foods, Inc. (NYSE:UNFI) Receives $46.38 Average PT from Brokerages

Shares of United Natural Foods, Inc. (NYSE:UNFI) have received a consensus rating of “Hold” from the ten analysts that are covering the stock, Marketbeat reports. One analyst has rated the stock with a sell recommendation, six have issued a hold recommendation and three have given a buy recommendation to the company. The average 12 month price objective among analysts that have issued ratings on the stock in the last year is $46.3750.

A number of equities analysts have weighed in on the company. BMO Capital Markets restated an “outperform” rating and issued a $56.00 target price on shares of United Natural Foods in a research note on Wednesday, June 10th. Wall Street Zen downgraded shares of United Natural Foods from a “buy” rating to a “hold” rating in a report on Monday, May 4th. Weiss Ratings reiterated a “sell (d-)” rating on shares of United Natural Foods in a report on Wednesday, April 8th. Roth Mkm reiterated a “neutral” rating and set a $43.00 price target on shares of United Natural Foods in a research report on Wednesday, June 10th. Finally, UBS Group boosted their price objective on shares of United Natural Foods from $44.00 to $47.00 and gave the stock a “neutral” rating in a report on Wednesday, June 10th.

United Natural Foods Price Performance

UNFI opened at $50.41 on Friday. The firm has a 50-day moving average price of $50.33 and a 200-day moving average price of $42.40. United Natural Foods has a twelve month low of $21.28 and a twelve month high of $57.02. The company has a quick ratio of 0.51, a current ratio of 1.33 and a debt-to-equity ratio of 1.04. The company has a market capitalization of $3.05 billion, a price-to-earnings ratio of -76.38 and a beta of 0.81.

United Natural Foods (NYSE:UNFI) last issued its earnings results on Tuesday, June 9th. The company reported $0.77 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.81 by ($0.04). The business had revenue of $7.72 billion for the quarter, compared to the consensus estimate of $7.79 billion. United Natural Foods had a negative net margin of 0.12% and a positive return on equity of 7.42%. The company’s revenue was down 4.2% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.44 EPS. United Natural Foods has set its FY 2026 guidance at 2.400-2.600 EPS. Equities analysts expect that United Natural Foods will post 2.52 EPS for the current year.

Insider Activity at United Natural Foods

In other United Natural Foods news, insider Mark Bushway sold 10,000 shares of the business’s stock in a transaction on Tuesday, June 23rd. The shares were sold at an average price of $51.56, for a total transaction of $515,600.00. Following the transaction, the insider directly owned 51,119 shares of the company’s stock, valued at approximately $2,635,695.64. The trade was a 16.36% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Danielle Benedict sold 4,807 shares of the firm’s stock in a transaction on Wednesday, May 6th. The shares were sold at an average price of $52.00, for a total value of $249,964.00. Following the transaction, the insider directly owned 98,470 shares of the company’s stock, valued at $5,120,440. This represents a 4.65% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 2.40% of the stock is currently owned by company insiders.

Institutional Trading of United Natural Foods

Institutional investors have recently bought and sold shares of the company. Brighton Jones LLC purchased a new position in United Natural Foods in the 4th quarter worth about $656,000. AQR Capital Management LLC raised its holdings in shares of United Natural Foods by 52.5% during the first quarter. AQR Capital Management LLC now owns 111,854 shares of the company’s stock valued at $3,064,000 after purchasing an additional 38,504 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in United Natural Foods by 5.1% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 35,117 shares of the company’s stock valued at $962,000 after purchasing an additional 1,703 shares during the period. Millennium Management LLC boosted its holdings in United Natural Foods by 58.1% in the first quarter. Millennium Management LLC now owns 332,973 shares of the company’s stock worth $9,120,000 after purchasing an additional 122,412 shares during the last quarter. Finally, Goldman Sachs Group Inc. grew its position in United Natural Foods by 10.4% in the 1st quarter. Goldman Sachs Group Inc. now owns 625,481 shares of the company’s stock worth $17,132,000 after purchasing an additional 58,705 shares during the period. 87.63% of the stock is owned by hedge funds and other institutional investors.

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.