United Natural Foods (NYSE:UNFI) Issues Earnings Results, Beats Estimates By $0.18 EPS

United Natural Foods (NYSE:UNFI) announced its earnings results on Tuesday. The company reported $0.16 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.02) by $0.18, Zacks reports. The firm had revenue of $7.90 billion during the quarter, compared to analyst estimates of $7.61 billion. United Natural Foods had a negative net margin of 0.36% and a positive return on equity of 0.54%. The company’s revenue for the quarter was up 4.6% compared to the same quarter last year. During the same period in the prior year, the business earned ($0.04) EPS. United Natural Foods updated its FY 2025 guidance to 0.400-0.800 EPS and its FY25 guidance to $0.40-$0.80 EPS.

United Natural Foods Trading Up 20.1 %

Shares of NYSE:UNFI opened at $29.64 on Wednesday. United Natural Foods has a 52-week low of $8.58 and a 52-week high of $32.20. The company has a market capitalization of $1.78 billion, a P/E ratio of -15.68 and a beta of 0.64. The company has a 50-day simple moving average of $21.93 and a 200 day simple moving average of $16.84. The company has a debt-to-equity ratio of 1.28, a quick ratio of 0.52 and a current ratio of 1.44.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on UNFI shares. BMO Capital Markets raised their price objective on United Natural Foods from $14.00 to $23.00 and gave the company a “market perform” rating in a report on Wednesday, October 2nd. UBS Group raised their price objective on United Natural Foods from $16.00 to $21.00 and gave the company a “neutral” rating in a report on Wednesday, October 2nd. Northcoast Research upgraded United Natural Foods from a “neutral” rating to a “buy” rating in a report on Friday, October 11th. Finally, The Goldman Sachs Group raised their price objective on United Natural Foods from $15.00 to $22.00 and gave the company a “neutral” rating in a report on Monday, October 7th. One research analyst has rated the stock with a sell rating, five have given a hold rating and one has assigned a buy rating to the company. According to data from MarketBeat.com, United Natural Foods presently has a consensus rating of “Hold” and an average target price of $18.40.

Insider Activity at United Natural Foods

In other news, insider Danielle Benedict sold 15,152 shares of the firm’s stock in a transaction dated Friday, October 4th. The shares were sold at an average price of $19.78, for a total transaction of $299,706.56. Following the completion of the sale, the insider now owns 100,423 shares in the company, valued at approximately $1,986,366.94. This trade represents a 13.11 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. 2.10% of the stock is currently owned by company insiders.

United Natural Foods Company Profile

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, wellness and personal care items, and bulk and foodservice products.