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

Shares of United Natural Foods, Inc. (NYSE:UNFI) have received a consensus rating of “Hold” from the nine analysts that are covering the firm, MarketBeat Ratings reports. One analyst has rated the stock with a sell recommendation, six have assigned a hold recommendation and two have issued a buy recommendation on the company. The average 1 year price objective among analysts that have updated their coverage on the stock in the last year is $47.8571.

A number of research analysts recently weighed in on the stock. Zacks Research lowered shares of United Natural Foods from a “strong-buy” rating to a “hold” rating in a report on Monday, August 3rd. BMO Capital Markets reaffirmed an “outperform” rating and set a $56.00 price target on shares of United Natural Foods in a research note on Wednesday, June 10th. Wall Street Zen lowered shares of United Natural Foods from a “buy” rating to a “hold” rating in a research report on Sunday, July 12th. UBS Group lifted their price objective on shares of United Natural Foods from $44.00 to $47.00 and gave the stock a “neutral” rating in a research note on Wednesday, June 10th. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of United Natural Foods in a report on Monday, July 6th.

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 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 legal filing with the SEC, which is accessible through this hyperlink. Insiders own 2.40% of the company’s stock.

Institutional Investors Weigh In On United Natural Foods

Several institutional investors have recently modified their holdings of the stock. Cullen Frost Bankers Inc. bought a new position in shares of United Natural Foods during the 4th quarter valued at approximately $26,000. Global Retirement Partners LLC bought a new stake in United Natural Foods in the second quarter worth $26,000. Quarry LP bought a new stake in United Natural Foods in the third quarter worth $29,000. Larson Financial Group LLC boosted its stake in 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 buying an additional 768 shares during the period. Finally, International Assets Investment Management LLC purchased a new position in United Natural Foods during the fourth quarter worth $31,000. 87.63% of the stock is owned by institutional investors.

United Natural Foods Trading Up 0.3%

Shares of UNFI stock opened at $43.74 on Wednesday. The company has a current ratio of 1.33, a quick ratio of 0.51 and a debt-to-equity ratio of 1.04. The stock has a market capitalization of $2.65 billion, a price-to-earnings ratio of -66.27 and a beta of 0.80. United Natural Foods has a 12-month low of $27.97 and a 12-month high of $57.02. The stock’s 50-day moving average price is $47.65 and its 200-day moving average price is $46.78.

United Natural Foods (NYSE:UNFI) last announced its quarterly earnings results 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 for the quarter, compared to the consensus estimate of $7.79 billion. During the same period in the previous year, the company posted $0.44 earnings per share. United Natural Foods’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. Equities research analysts predict that United Natural Foods will post 2.52 EPS 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.