United Natural Foods, Inc. (NYSE:UNFI) Receives $46.38 Consensus Price Target from Analysts

United Natural Foods, Inc. (NYSE:UNFIGet Free Report) has been given an average rating of “Hold” by the ten ratings firms that are covering the company, Marketbeat reports. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company. The average 12-month price target among brokerages that have updated their coverage on the stock in the last year is $46.3750.

Several research firms have recently issued reports on UNFI. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of United Natural Foods in a research note on Monday, July 6th. Wall Street Zen cut United Natural Foods from a “buy” rating to a “hold” rating in a report on Sunday, July 12th. Wells Fargo & Company upgraded shares of United Natural Foods from an “equal weight” rating to an “overweight” rating and upped their target price for the stock from $40.00 to $56.00 in a research note on Thursday, March 26th. Zacks Research raised United Natural Foods from a “hold” rating to a “strong-buy” rating in a research report on Friday, July 3rd. Finally, Roth Capital reiterated a “neutral” rating and set a $43.00 price objective on shares of United Natural Foods in a research note on Wednesday, June 10th.

Check Out Our Latest Report on United Natural Foods

Insider Buying and Selling

In related news, insider Mark Bushway sold 10,000 shares of the business’s stock in a transaction on Tuesday, June 23rd. The stock was 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 in the company, valued at $2,635,695.64. The trade was a 16.36% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider Danielle Benedict sold 4,807 shares of the business’s stock in a transaction dated Wednesday, May 6th. The stock was sold at an average price of $52.00, for a total value of $249,964.00. Following the sale, the insider owned 98,470 shares in the company, valued at $5,120,440. The trade was a 4.65% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 2.40% of the stock is owned by insiders.

Institutional Trading of United Natural Foods

Several large investors have recently added to or reduced their stakes in UNFI. Cullen Frost Bankers Inc. acquired a new stake in shares of United Natural Foods during the fourth quarter worth about $26,000. Quarry LP acquired a new stake in United Natural Foods during the 3rd quarter worth about $29,000. Larson Financial Group LLC grew its position 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 worth $30,000 after purchasing an additional 768 shares during the period. International Assets Investment Management LLC purchased a new position in shares of United Natural Foods during the 4th quarter valued at about $31,000. Finally, EverSource Wealth Advisors LLC lifted its holdings in shares of United Natural Foods by 84.2% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,332 shares of the company’s stock valued at $31,000 after buying an additional 609 shares during the period. Hedge funds and other institutional investors own 87.63% of the company’s stock.

United Natural Foods Stock Performance

United Natural Foods stock opened at $48.56 on Tuesday. The company’s 50-day moving average price is $49.85 and its 200-day moving average price is $44.11. United Natural Foods has a twelve month low of $24.88 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 cap of $2.94 billion, a PE ratio of -73.57 and a beta of 0.83.

United Natural Foods (NYSE:UNFIGet Free Report) last announced its quarterly earnings results on Tuesday, June 9th. The company reported $0.77 EPS for the quarter, missing analysts’ consensus estimates of $0.81 by ($0.04). The business had revenue of $7.72 billion during 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 firm’s revenue was down 4.2% on a year-over-year basis. During the same period in the previous year, the business posted $0.44 EPS. United Natural Foods has set its FY 2026 guidance at 2.400-2.600 EPS. On average, equities research analysts forecast that United Natural Foods will post 2.52 EPS for the current fiscal year.

United Natural Foods Company Profile

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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.

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Analyst Recommendations for United Natural Foods (NYSE:UNFI)

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