United Natural Foods, Inc. (NYSE:UNFI) Receives Average Rating of “Hold” from Brokerages

Shares of United Natural Foods, Inc. (NYSE:UNFI) have earned a consensus recommendation of “Hold” from the ten research firms that are currently covering the company, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, six have given a hold recommendation and three have issued a buy recommendation on the company. The average 1 year price target among brokers that have issued ratings on the stock in the last year is $46.3750.

UNFI has been the subject of several research analyst reports. UBS Group lifted their target price on shares of United Natural Foods from $44.00 to $47.00 and gave the company a “neutral” rating in a research report on Wednesday, June 10th. Wells Fargo & Company upgraded shares of United Natural Foods from an “equal weight” rating to an “overweight” rating and lifted their target price for the company from $40.00 to $56.00 in a research report on Thursday, March 26th. BMO Capital Markets reiterated an “outperform” rating and set a $56.00 target price on shares of United Natural Foods in a research report on Wednesday, June 10th. Deutsche Bank Aktiengesellschaft lifted their target price on shares of United Natural Foods from $40.00 to $46.00 and gave the company a “hold” rating in a research report on Thursday, March 12th. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of United Natural Foods in a research report on Wednesday, April 8th.

Insider Activity at United Natural Foods

In other United Natural Foods news, insider Danielle Benedict sold 4,807 shares of United Natural Foods stock in a transaction that occurred on Wednesday, May 6th. The shares were sold at an average price of $52.00, for a total transaction of $249,964.00. Following the transaction, the insider directly owned 98,470 shares of the company’s stock, valued at approximately $5,120,440. This trade represents a 4.65% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 2.40% of the company’s stock.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in UNFI. Cullen Frost Bankers Inc. purchased a new position in shares of United Natural Foods during the fourth quarter worth approximately $26,000. Quarry LP purchased a new position in shares of United Natural Foods during the third quarter worth approximately $29,000. Larson Financial Group LLC raised its stake in shares of United Natural Foods by 4,266.7% during the third quarter. Larson Financial Group LLC now owns 786 shares of the company’s stock worth $30,000 after acquiring an additional 768 shares in the last quarter. International Assets Investment Management LLC purchased a new position in shares of United Natural Foods in the fourth quarter worth $31,000. Finally, EverSource Wealth Advisors LLC increased its stake in shares of United Natural Foods by 84.2% in the second quarter. EverSource Wealth Advisors LLC now owns 1,332 shares of the company’s stock worth $31,000 after buying an additional 609 shares during the period. 87.63% of the stock is owned by hedge funds and other institutional investors.

United Natural Foods Price Performance

UNFI stock opened at $51.77 on Friday. The firm has a 50 day moving average of $50.18 and a 200-day moving average of $42.16. The company has a current ratio of 1.33, a quick ratio of 0.51 and a debt-to-equity ratio of 1.04. United Natural Foods has a 12 month low of $21.28 and a 12 month high of $57.02. The firm has a market capitalization of $3.13 billion, a P/E ratio of -78.44 and a beta of 0.81.

United Natural Foods (NYSE:UNFI) last released its quarterly earnings data on Tuesday, June 9th. The company reported $0.77 EPS 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 the consensus estimate of $7.79 billion. During the same quarter last year, the business posted $0.44 earnings per share. United Natural Foods’s revenue was down 4.2% compared to the same quarter last year. United Natural Foods has set its FY 2026 guidance at 2.400-2.600 EPS. As a group, sell-side analysts predict that United Natural Foods will post 2.52 earnings per share for the current fiscal year.

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.