United Natural Foods (NYSE:UNFI) Updates FY 2027 Earnings Guidance

United Natural Foods (NYSE:UNFIGet Free Report) updated its FY 2027 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of 3.000-3.500 for the period, compared to the consensus EPS estimate of 3.180. The company issued revenue guidance of $31.2 billion-$31.8 billion, compared to the consensus revenue estimate of $31.9 billion.

United Natural Foods Trading Up 0.3%

Shares of UNFI opened at $44.07 on Tuesday. The company has a debt-to-equity ratio of 1.04, a current ratio of 1.33 and a quick ratio of 0.51. United Natural Foods has a 1-year low of $27.97 and a 1-year high of $57.02. The stock has a market cap of $2.67 billion, a price-to-earnings ratio of -66.77 and a beta of 0.80. The firm has a 50 day simple moving average of $47.60 and a 200-day simple moving average of $46.85.

United Natural Foods (NYSE:UNFIGet Free Report) last posted its earnings results on Tuesday, September 8th. The company reported $0.69 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.62 by $0.07. The firm had revenue of $7.64 billion for the quarter, compared to analyst estimates of $7.71 billion. United Natural Foods had a positive return on equity of 7.42% and a negative net margin of 0.12%.United Natural Foods’s revenue was down .7% on a year-over-year basis. During the same quarter in the prior year, the company earned ($0.11) EPS. United Natural Foods has set its FY 2027 guidance at 3.000-3.500 EPS. Equities analysts forecast that United Natural Foods will post 2.52 EPS for the current fiscal year.

Analysts Set New Price Targets

UNFI has been the topic of a number of analyst reports. Wall Street Zen lowered United Natural Foods from a “buy” rating to a “hold” rating in a research note on Sunday, July 12th. Zacks Research downgraded shares of United Natural Foods from a “strong-buy” rating to a “hold” rating in a research note on Monday, August 3rd. Weiss Ratings restated a “sell (d-)” rating on shares of United Natural Foods in a research report on Monday, July 6th. UBS Group lifted their price target on shares of United Natural Foods from $44.00 to $47.00 and gave the company a “neutral” rating in a report on Wednesday, June 10th. Finally, The Goldman Sachs Group restated a “neutral” rating and set a $47.00 price objective on shares of United Natural Foods in a report on Wednesday, June 10th. Two investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, United Natural Foods currently has a consensus rating of “Hold” and a consensus price target of $47.86.

View Our Latest Analysis on UNFI

Insider Activity

In other news, insider Mark Bushway sold 10,000 shares of the firm’s stock in a transaction on Tuesday, June 23rd. The shares were sold at an average price of $51.56, for a total value of $515,600.00. Following the transaction, the insider owned 51,119 shares of the company’s stock, valued at approximately $2,635,695.64. This trade represents a 16.36% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. 2.40% of the stock is owned by insiders.

Key United Natural Foods News

Here are the key news stories impacting United Natural Foods this week:

Institutional Investors Weigh In On United Natural Foods

Several institutional investors and hedge funds have recently modified their holdings of UNFI. Quarry LP acquired a new stake in shares of United Natural Foods in the third quarter valued at about $29,000. Larson Financial Group LLC raised its holdings in shares of United Natural Foods by 4,266.7% during the 3rd quarter. Larson Financial Group LLC now owns 786 shares of the company’s stock valued at $30,000 after buying an additional 768 shares during the period. EverSource Wealth Advisors LLC lifted its position in United Natural Foods by 84.2% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,332 shares of the company’s stock worth $31,000 after acquiring an additional 609 shares in the last quarter. Arax Advisory Partners boosted its holdings in United Natural Foods by 37.4% in the 4th quarter. Arax Advisory Partners now owns 1,102 shares of the company’s stock worth $37,000 after acquiring an additional 300 shares during the period. Finally, Aster Capital Management DIFC Ltd purchased a new position in United Natural Foods in the 4th quarter worth approximately $38,000. Hedge funds and other institutional investors own 87.63% of the company’s stock.

About United Natural Foods

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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.

Further Reading

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