Q4 2021 Earnings Estimate for United Natural Foods, Inc. (NYSE:UNFI) Issued By Northcoast Research


Share on StockTwits

United Natural Foods, Inc. (NYSE:UNFI) – Investment analysts at Northcoast Research decreased their Q4 2021 EPS estimates for United Natural Foods in a research note issued to investors on Friday, April 9th. Northcoast Research analyst C. Cerankosky now forecasts that the company will earn $0.91 per share for the quarter, down from their prior estimate of $1.00. Northcoast Research has a “Neutral” rating on the stock.

Other research analysts also recently issued research reports about the stock. Deutsche Bank Aktiengesellschaft boosted their price objective on shares of United Natural Foods from $20.00 to $33.00 and gave the stock a “hold” rating in a report on Thursday, March 11th. Seaport Global Securities began coverage on shares of United Natural Foods in a research note on Thursday, February 25th. They issued a “neutral” rating on the stock. Wells Fargo & Company cut shares of United Natural Foods from an “equal weight” rating to an “underweight” rating and set a $17.00 target price on the stock. in a research note on Wednesday, January 27th. MKM Partners upped their target price on shares of United Natural Foods from $36.00 to $46.00 in a research note on Thursday, March 11th. Finally, Barclays cut shares of United Natural Foods from an “equal weight” rating to an “underweight” rating and set a $17.00 target price on the stock. in a research note on Thursday, January 7th. Two investment analysts have rated the stock with a sell rating, nine have issued a hold rating and two have given a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus target price of $25.40.

NYSE:UNFI opened at $37.32 on Monday. The firm’s 50-day moving average is $32.95 and its 200-day moving average is $22.64. United Natural Foods has a 52-week low of $9.42 and a 52-week high of $41.37. The company has a debt-to-equity ratio of 2.40, a quick ratio of 0.63 and a current ratio of 1.66. The company has a market cap of $2.10 billion, a price-to-earnings ratio of 19.64 and a beta of 1.51.

United Natural Foods (NYSE:UNFI) last posted its quarterly earnings data on Tuesday, March 9th. The company reported $1.25 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.81 by $0.44. United Natural Foods had a net margin of 0.41% and a return on equity of 15.85%. The company had revenue of $6.89 billion for the quarter, compared to the consensus estimate of $6.92 billion. During the same quarter in the previous year, the firm posted $0.32 EPS. The business’s revenue was up 12.2% compared to the same quarter last year.

In other United Natural Foods news, insider Danielle Benedict sold 15,152 shares of the company’s stock in a transaction dated Monday, March 15th. The shares were sold at an average price of $39.51, for a total transaction of $598,655.52. Following the sale, the insider now directly owns 8,912 shares of the company’s stock, valued at $352,113.12. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, President Christopher P. Testa sold 22,000 shares of the company’s stock in a transaction dated Monday, March 22nd. The stock was sold at an average price of $36.00, for a total transaction of $792,000.00. Following the sale, the president now directly owns 29,992 shares in the company, valued at $1,079,712. The disclosure for this sale can be found here. 2.00% of the stock is currently owned by corporate insiders.

Hedge funds have recently made changes to their positions in the company. Veriti Management LLC acquired a new position in shares of United Natural Foods during the fourth quarter worth approximately $43,000. Vantage Consulting Group Inc acquired a new position in shares of United Natural Foods during the fourth quarter worth approximately $51,000. DekaBank Deutsche Girozentrale acquired a new position in shares of United Natural Foods during the fourth quarter worth approximately $66,000. Baldwin Brothers Inc. MA lifted its position in shares of United Natural Foods by 22.5% during the fourth quarter. Baldwin Brothers Inc. MA now owns 5,937 shares of the company’s stock worth $95,000 after purchasing an additional 1,089 shares in the last quarter. Finally, Amundi Pioneer Asset Management Inc. lifted its position in shares of United Natural Foods by 170.6% during the first quarter. Amundi Pioneer Asset Management Inc. now owns 13,800 shares of the company’s stock worth $182,000 after purchasing an additional 8,700 shares in the last quarter. Institutional investors own 81.77% 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, nutritional supplements and sports nutrition, bulk and foodservice products, and personal care items.

Recommended Story: What is the definition of arbitrage?

Earnings History and Estimates for United Natural Foods (NYSE:UNFI)

Receive News & Ratings for United Natural Foods Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for United Natural Foods and related companies with MarketBeat.com's FREE daily email newsletter.