United Natural Foods, Inc. (NASDAQ:UNFI)‘s stock had its “hold” rating reiterated by analysts at Oppenheimer Holdings, Inc. in a note issued to investors on Monday. Oppenheimer Holdings also issued estimates for United Natural Foods’ Q1 2018 earnings at $0.61 EPS, Q2 2018 earnings at $0.54 EPS, Q3 2018 earnings at $0.81 EPS, Q4 2018 earnings at $0.75 EPS, FY2018 earnings at $2.72 EPS and FY2019 earnings at $2.85 EPS.

Several other research analysts have also issued reports on UNFI. Buckingham Research dropped their target price on United Natural Foods from $53.00 to $51.00 and set a “buy” rating for the company in a research report on Thursday. BMO Capital Markets restated a “market perform” rating and set a $40.00 target price (up previously from $38.00) on shares of United Natural Foods in a research report on Thursday. Zacks Investment Research lowered United Natural Foods from a “hold” rating to a “sell” rating in a research report on Wednesday, August 2nd. Wells Fargo & Company restated a “hold” rating and set a $38.00 target price on shares of United Natural Foods in a research report on Thursday. Finally, Jefferies Group LLC restated a “hold” rating and set a $39.00 target price (up previously from $38.00) on shares of United Natural Foods in a research report on Thursday. Five investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating and four have issued a buy rating to the company. The company presently has a consensus rating of “Hold” and an average price target of $42.56.

United Natural Foods (NASDAQ:UNFI) traded up 0.50% on Monday, reaching $39.94. The company’s stock had a trading volume of 576,372 shares. United Natural Foods has a one year low of $29.53 and a one year high of $49.74. The company has a market capitalization of $2.02 billion, a PE ratio of 16.04 and a beta of 1.39. The firm has a 50-day moving average of $36.13 and a 200-day moving average of $39.19.

United Natural Foods (NASDAQ:UNFI) last announced its earnings results on Wednesday, September 13th. The company reported $0.72 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.70 by $0.02. United Natural Foods had a return on equity of 8.10% and a net margin of 1.40%. The business had revenue of $2.34 billion during the quarter, compared to analyst estimates of $2.36 billion. During the same quarter in the previous year, the business earned $0.70 earnings per share. The company’s revenue for the quarter was up 5.7% compared to the same quarter last year. Analysts predict that United Natural Foods will post $2.69 EPS for the current year.

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Several hedge funds have recently modified their holdings of the company. CS Mckee LP increased its position in shares of United Natural Foods by 0.4% during the second quarter. CS Mckee LP now owns 24,700 shares of the company’s stock worth $906,000 after purchasing an additional 100 shares in the last quarter. Liberty Mutual Group Asset Management Inc. increased its position in shares of United Natural Foods by 0.5% during the first quarter. Liberty Mutual Group Asset Management Inc. now owns 22,788 shares of the company’s stock worth $985,000 after purchasing an additional 107 shares in the last quarter. Amalgamated Bank increased its position in shares of United Natural Foods by 2.8% in the 2nd quarter. Amalgamated Bank now owns 7,179 shares of the company’s stock valued at $263,000 after acquiring an additional 196 shares during the period. Oregon Public Employees Retirement Fund increased its position in shares of United Natural Foods by 1.1% in the 1st quarter. Oregon Public Employees Retirement Fund now owns 17,605 shares of the company’s stock valued at $761,000 after acquiring an additional 200 shares during the period. Finally, Advantus Capital Management Inc increased its position in shares of United Natural Foods by 3.2% in the 1st quarter. Advantus Capital Management Inc now owns 6,476 shares of the company’s stock valued at $280,000 after acquiring an additional 200 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.

Analyst Recommendations for United Natural Foods (NASDAQ:UNFI)

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