United Natural Foods, Inc. (NASDAQ:UNFI) – Equities research analysts at Northcoast Research reduced their Q4 2017 earnings per share estimates for United Natural Foods in a report issued on Wednesday. Northcoast Research analyst C. Cerankosky now expects that the company will post earnings per share of $0.69 for the quarter, down from their previous estimate of $0.70. Northcoast Research also issued estimates for United Natural Foods’ FY2018 earnings at $2.66 EPS.

A number of other research analysts have also commented on the stock. Zacks Investment Research upgraded shares of United Natural Foods from a “sell” rating to a “hold” rating in a research note on Monday. BidaskClub lowered shares of United Natural Foods from a “hold” rating to a “sell” rating in a research note on Friday, August 11th. Stephens assumed coverage on shares of United Natural Foods in a research note on Friday, August 11th. They issued an “equal weight” rating and a $50.00 price target on the stock. Royal Bank Of Canada set a $34.00 price target on shares of United Natural Foods and gave the company a “hold” rating in a research note on Sunday, July 16th. Finally, Wells Fargo & Company reiterated a “hold” rating and issued a $35.00 price target on shares of United Natural Foods in a research note on Thursday, June 29th. Four investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating and three have assigned a buy rating to the company’s stock. United Natural Foods has a consensus rating of “Hold” and an average price target of $41.57.

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United Natural Foods (NASDAQ:UNFI) opened at 35.65 on Thursday. The firm has a market cap of $1.80 billion, a PE ratio of 14.32 and a beta of 1.39. The firm’s 50 day moving average price is $36.56 and its 200-day moving average price is $40.24. United Natural Foods has a 52 week low of $29.53 and a 52 week high of $49.74.

United Natural Foods (NASDAQ:UNFI) last issued its quarterly earnings data on Tuesday, June 6th. The company reported $0.77 EPS for the quarter, topping the Zacks’ consensus estimate of $0.76 by $0.01. The company had revenue of $2.37 billion for the quarter, compared to analysts’ expectations of $2.42 billion. United Natural Foods had a return on equity of 8.21% and a net margin of 1.38%. The firm’s quarterly revenue was up 11.1% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.76 earnings per share.

A number of institutional investors have recently made changes to their positions in UNFI. BlackRock Inc. boosted its position in shares of United Natural Foods by 16,599.3% in the first quarter. BlackRock Inc. now owns 5,252,416 shares of the company’s stock valued at $227,062,000 after buying an additional 5,220,963 shares during the period. Kiltearn Partners LLP acquired a new position in shares of United Natural Foods during the second quarter valued at about $74,701,000. FMR LLC boosted its position in shares of United Natural Foods by 34.4% in the first quarter. FMR LLC now owns 7,588,290 shares of the company’s stock valued at $328,042,000 after buying an additional 1,940,736 shares during the period. Dimensional Fund Advisors LP boosted its position in shares of United Natural Foods by 30.6% in the second quarter. Dimensional Fund Advisors LP now owns 4,010,466 shares of the company’s stock valued at $147,183,000 after buying an additional 939,946 shares during the period. Finally, Thompson Siegel & Walmsley LLC boosted its position in shares of United Natural Foods by 161.6% in the second quarter. Thompson Siegel & Walmsley LLC now owns 1,509,167 shares of the company’s stock valued at $55,386,000 after buying an additional 932,281 shares during the period.

About United Natural Foods

United Natural Foods, Inc is a distributor and retailer of natural, organic and specialty products. The Company’s segments include Wholesale and Other. The Wholesale segment is engaged in the national distribution of natural, organic and specialty foods, produce and related products in the United States and Canada.

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

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