Brokerages Set United Natural Foods, Inc. (NYSE:UNFI) PT at $47.86

United Natural Foods, Inc. (NYSE:UNFI) has been given a consensus recommendation of “Hold” by the nine brokerages that are covering the firm, Marketbeat reports. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and two have issued a buy rating on the company. The average twelve-month price target among analysts that have covered the stock in the last year is $47.8571.

Several equities analysts have recently commented on the company. Roth Capital reiterated a “neutral” rating and set a $43.00 target price on shares of United Natural Foods in a research note on Wednesday, June 10th. BMO Capital Markets restated an “outperform” rating and issued a $56.00 price target on shares of United Natural Foods in a research note on Wednesday, June 10th. The Goldman Sachs Group reaffirmed a “neutral” rating and issued a $47.00 price target on shares of United Natural Foods in a report on Wednesday, June 10th. Weiss Ratings reiterated a “sell (d-)” rating on shares of United Natural Foods in a research note on Monday, July 6th. Finally, Wall Street Zen downgraded shares of United Natural Foods from a “buy” rating to a “hold” rating in a research report on Sunday, July 12th.

United Natural Foods Stock Performance

Shares of UNFI stock opened at $46.27 on Friday. United Natural Foods has a 12 month low of $24.88 and a 12 month high of $57.02. The company has a debt-to-equity ratio of 1.04, a current ratio of 1.33 and a quick ratio of 0.51. The firm has a market capitalization of $2.80 billion, a P/E ratio of -70.11 and a beta of 0.84. The company’s fifty day moving average price is $49.27 and its two-hundred day moving average price is $45.71.

United Natural Foods (NYSE:UNFI) last posted its quarterly earnings data on Tuesday, June 9th. The company reported $0.77 earnings per share for the quarter, missing analysts’ consensus estimates of $0.81 by ($0.04). United Natural Foods had a negative net margin of 0.12% and a positive return on equity of 7.42%. The firm had revenue of $7.72 billion during the quarter, compared to analysts’ expectations of $7.79 billion. During the same period in the previous year, the company earned $0.44 earnings per share. The business’s quarterly revenue was down 4.2% on a year-over-year basis. United Natural Foods has set its FY 2026 guidance at 2.400-2.600 EPS. On average, research analysts anticipate that United Natural Foods will post 2.52 earnings per share for the current fiscal year.

Insider Activity at United Natural Foods

In related news, insider Mark Bushway sold 10,000 shares of United Natural Foods stock in a transaction dated Tuesday, June 23rd. The stock was sold at an average price of $51.56, for a total value of $515,600.00. Following the completion of the transaction, the insider directly owned 51,119 shares in the company, valued at approximately $2,635,695.64. This trade represents a 16.36% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 2.40% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the company. Brighton Jones LLC acquired a new position in United Natural Foods during the 4th quarter valued at about $656,000. Intech Investment Management LLC grew its position in United Natural Foods by 312.3% in the 4th quarter. Intech Investment Management LLC now owns 159,123 shares of the company’s stock worth $5,358,000 after purchasing an additional 120,525 shares during the last quarter. Louisiana State Employees Retirement System acquired a new stake in shares of United Natural Foods in the first quarter valued at approximately $1,217,000. JCP Investment Management LLC increased its stake in shares of United Natural Foods by 6.7% in the first quarter. JCP Investment Management LLC now owns 494,371 shares of the company’s stock valued at $22,276,000 after purchasing an additional 31,071 shares during the period. Finally, Sei Investments Co. raised its holdings in shares of United Natural Foods by 89.3% during the first quarter. Sei Investments Co. now owns 177,979 shares of the company’s stock valued at $8,021,000 after buying an additional 83,956 shares during the last quarter. Institutional investors and hedge funds own 87.63% of the company’s stock.

United Natural Foods Company Profile

United Natural Foods, Inc (NYSE: UNFI) is a leading distributor of natural, organic and specialty foods in North America. Founded in 1976 and headquartered in Providence, Rhode Island, the company has grown through strategic acquisitions and organic expansion to become one of the largest food distributors serving retail, foodservice and e-commerce customers.

UNFI’s core business centers on the procurement, warehousing and distribution of a broad portfolio of products, including fresh produce, groceries, frozen foods, dairy, bakery items, beverages, supplements and household essentials.