United Natural Foods (NYSE:UNFI) Releases Earnings Results

United Natural Foods (NYSE:UNFI) issued its quarterly earnings data on Tuesday. The company reported $0.16 EPS for the quarter, beating the consensus estimate of ($0.02) by $0.18, Zacks reports. The firm had revenue of $7.90 billion during the quarter, compared to the consensus estimate 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 quarterly revenue was up 4.6% compared to the same quarter last year. During the same period in the prior year, the firm posted ($0.04) earnings per share. 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 2.5 %

NYSE UNFI opened at $24.68 on Tuesday. The firm has a market capitalization of $1.48 billion, a PE ratio of -13.06 and a beta of 0.64. The stock’s 50 day moving average is $21.78 and its 200 day moving average is $16.71. United Natural Foods has a twelve month low of $8.58 and a twelve month high of $25.48. The company has a quick ratio of 0.52, a current ratio of 1.44 and a debt-to-equity ratio of 1.28.

Analyst Upgrades and Downgrades

A number of research firms have commented on UNFI. The Goldman Sachs Group upped their price target on United Natural Foods from $15.00 to $22.00 and gave the company a “neutral” rating in a research report on Monday, October 7th. Northcoast Research upgraded United Natural Foods from a “neutral” rating to a “buy” rating in a report on Friday, October 11th. UBS Group lifted their price target on shares of United Natural Foods from $16.00 to $21.00 and gave the company a “neutral” rating in a report on Wednesday, October 2nd. Finally, BMO Capital Markets upped their price objective on shares of United Natural Foods from $14.00 to $23.00 and gave the stock a “market perform” rating in a report on Wednesday, October 2nd. One analyst has rated the stock with a sell rating, five have issued a hold rating and one has issued a buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $18.40.

Insiders Place Their Bets

In other news, insider Danielle Benedict sold 9,050 shares of United Natural Foods stock in a transaction that occurred on Thursday, October 17th. The shares were sold at an average price of $22.10, for a total transaction of $200,005.00. Following the completion of the transaction, the insider now directly owns 88,218 shares in the company, valued at approximately $1,949,617.80. This trade represents a 9.30 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 2.10% of the stock is owned by corporate insiders.

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