United Natural Foods (NYSE:UNFI) Updates FY25 Earnings Guidance

United Natural Foods (NYSE:UNFI) issued an update on its FY25 earnings guidance on Tuesday morning. The company provided earnings per share guidance of $0.70-$0.90 for the period, compared to the consensus earnings per share estimate of $0.74. The company issued revenue guidance of $31.3-$31.7 billion, compared to the consensus revenue estimate of $31.10 billion. United Natural Foods also updated its FY 2025 guidance to 0.700-0.900 EPS.

United Natural Foods Price Performance

Shares of NYSE:UNFI opened at $27.49 on Thursday. The company has a quick ratio of 0.53, a current ratio of 1.48 and a debt-to-equity ratio of 1.39. United Natural Foods has a twelve month low of $8.58 and a twelve month high of $34.76. The stock’s 50 day moving average is $29.63 and its 200-day moving average is $24.05. The firm has a market capitalization of $1.65 billion, a price-to-earnings ratio of -17.51 and a beta of 0.56.

United Natural Foods (NYSE:UNFI) last released its quarterly earnings results on Tuesday, March 11th. The company reported $0.22 EPS for the quarter, beating analysts’ consensus estimates of $0.18 by $0.04. The business had revenue of $8.16 billion during the quarter, compared to analyst estimates of $7.96 billion. United Natural Foods had a positive return on equity of 1.27% and a negative net margin of 0.30%. United Natural Foods’s quarterly revenue was up 4.9% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.07 EPS. Sell-side analysts forecast that United Natural Foods will post 0.76 EPS for the current fiscal year.

Analysts Set New Price Targets

Several research analysts have recently weighed in on UNFI shares. Guggenheim reiterated a “neutral” rating on shares of United Natural Foods in a research note on Thursday, December 12th. The Goldman Sachs Group raised their target price on United Natural Foods from $25.00 to $28.00 and gave the stock a “neutral” rating in a research note on Thursday, February 13th. CL King upgraded United Natural Foods from a “neutral” rating to a “buy” rating and set a $33.00 target price for the company in a research note on Wednesday. BMO Capital Markets raised their price target on United Natural Foods from $23.00 to $32.00 and gave the company a “market perform” rating in a report on Wednesday, December 11th. Finally, Wells Fargo & Company raised their price objective on United Natural Foods from $23.00 to $25.00 and gave the company an “underweight” rating in a report on Friday, January 10th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $27.50.

Institutional Investors Weigh In On United Natural Foods

An institutional investor recently bought a new position in United Natural Foods stock. Brighton Jones LLC acquired a new stake in shares of United Natural Foods, Inc. (NYSE:UNFI) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 24,022 shares of the company’s stock, valued at approximately $656,000. Hedge funds and other institutional investors own 87.63% of the company’s stock.

United Natural Foods Company Profile

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.