UniFirst (NYSE:UNF) Issues FY 2025 Earnings Guidance

UniFirst (NYSE:UNF) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 6.790-7.190 for the period, compared to the consensus estimate of 7.940. The company issued revenue guidance of $2.4 billion-$2.4 billion, compared to the consensus revenue estimate of $2.5 billion.

UniFirst Trading Down 5.0 %

UNF stock traded down $9.48 during trading hours on Wednesday, hitting $180.45. 30,135 shares of the stock were exchanged, compared to its average volume of 85,566. The firm has a market capitalization of $3.37 billion, a P/E ratio of 26.20 and a beta of 0.81. The company has a 50-day simple moving average of $188.67 and a two-hundred day simple moving average of $175.11. UniFirst has a 12 month low of $149.58 and a 12 month high of $200.07.

Wall Street Analyst Weigh In

A number of brokerages recently commented on UNF. JPMorgan Chase & Co. raised their price target on UniFirst from $170.00 to $175.00 and gave the stock an “underweight” rating in a research report on Thursday, June 27th. Robert W. Baird raised their price target on UniFirst from $185.00 to $199.00 and gave the stock a “neutral” rating in a research report on Thursday, June 27th. StockNews.com upgraded UniFirst from a “hold” rating to a “buy” rating in a research report on Monday, August 12th. Finally, UBS Group raised their price target on UniFirst from $186.00 to $190.00 and gave the stock a “neutral” rating in a research report on Thursday, June 27th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and one has issued a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $186.00.

Insider Activity at UniFirst

In other news, Director Michael Iandoli sold 682 shares of UniFirst stock in a transaction dated Wednesday, July 31st. The stock was sold at an average price of $194.30, for a total transaction of $132,512.60. Following the sale, the director now directly owns 4,744 shares of the company’s stock, valued at approximately $921,759.20. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 0.74% of the stock is currently owned by insiders.

UniFirst Company Profile

UniFirst Corporation provides workplace uniforms and protective work wear clothing in the United States, Europe, and Canada. The company operates through U.S. and Canadian Rental and Cleaning, Manufacturing, Specialty Garments Rental and Cleaning, and First Aid segments. It designs, manufactures, personalizes, rents, cleans, delivers, and sells a range of uniforms and protective clothing, including shirts, pants, jackets, coveralls, lab coats, smocks, and aprons; and specialized protective wear, such as flame resistant and high visibility garments.