United Natural Foods (NYSE:UNFI – Get Free Report) updated its FY 2025 earnings guidance on Tuesday. The company provided earnings per share guidance of 0.700-0.900 for the period, compared to the consensus earnings per share estimate of 0.800. The company issued revenue guidance of $31.3 billion-$31.7 billion, compared to the consensus revenue estimate of $31.1 billion. United Natural Foods also updated its FY25 guidance to $0.70-$0.90 EPS.
Analysts Set New Price Targets
A number of research analysts recently weighed in on the company. CL King raised United Natural Foods from a “neutral” rating to a “buy” rating and set a $33.00 price target on the stock in a research note on Wednesday. Wells Fargo & Company upped their price target on United Natural Foods from $23.00 to $25.00 and gave the stock an “underweight” rating in a research note on Friday, January 10th. The Goldman Sachs Group upped their price target 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. Roth Mkm upped their price target on United Natural Foods from $20.00 to $26.00 and gave the stock a “neutral” rating in a research note on Thursday, December 12th. Finally, BMO Capital Markets upped their price target on United Natural Foods from $23.00 to $32.00 and gave the stock a “market perform” rating in a research note on Wednesday, December 11th. One investment analyst has rated the stock with a sell rating, six have given a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $27.50.
Read Our Latest Research Report on United Natural Foods
United Natural Foods Stock Performance
United Natural Foods (NYSE:UNFI – Get Free Report) last released its earnings results on Tuesday, March 11th. The company reported $0.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.18 by $0.04. The company 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% on a year-over-year basis. During the same period in the prior year, the company posted $0.07 earnings per share. Equities analysts forecast that United Natural Foods will post 0.76 earnings per share for the current fiscal year.
Hedge Funds Weigh In On United Natural Foods
A hedge fund recently bought a new stake in United Natural Foods stock. Brighton Jones LLC bought a new stake in United Natural Foods, Inc. (NYSE:UNFI – Free Report) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 24,022 shares of the company’s stock, valued at approximately $656,000. Institutional investors and hedge funds own 87.63% of the company’s stock.
About United Natural Foods
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.
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