United Natural Foods, Inc. (NYSE:UNFI) Receives $43.63 Average Target Price from Brokerages

Shares of United Natural Foods, Inc. (NYSE:UNFI) have been assigned a consensus recommendation of “Hold” from the ten brokerages that are currently covering the company, MarketBeat Ratings reports. One research analyst has rated the stock with a sell recommendation, six have issued a hold recommendation and three have issued a buy recommendation on the company. The average 1 year price target among analysts that have issued ratings on the stock in the last year is $43.6250.

A number of equities analysts recently issued reports on UNFI shares. Deutsche Bank Aktiengesellschaft boosted their price objective on United Natural Foods from $40.00 to $46.00 and gave the company a “hold” rating in a report on Thursday, March 12th. Wells Fargo & Company upgraded United Natural Foods from an “equal weight” rating to an “overweight” rating and boosted their price objective for the company from $40.00 to $56.00 in a report on Thursday, March 26th. BMO Capital Markets boosted their price objective on United Natural Foods from $48.00 to $52.00 and gave the company an “outperform” rating in a report on Wednesday, March 11th. Zacks Research cut United Natural Foods from a “strong-buy” rating to a “hold” rating in a report on Monday, February 2nd. Finally, UBS Group boosted their price objective on United Natural Foods from $42.00 to $44.00 and gave the company a “neutral” rating in a report on Wednesday, March 11th.

Hedge Funds Weigh In On United Natural Foods

A number of large investors have recently bought and sold shares of UNFI. Cullen Frost Bankers Inc. purchased a new stake in shares of United Natural Foods in the 4th quarter worth $26,000. Quarry LP purchased a new stake in shares of United Natural Foods in the 3rd quarter worth $29,000. Larson Financial Group LLC lifted its holdings in shares of United Natural Foods by 4,266.7% in the 3rd 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. International Assets Investment Management LLC purchased a new stake in shares of United Natural Foods in the 4th quarter worth $31,000. Finally, EverSource Wealth Advisors LLC lifted its holdings in shares of United Natural Foods by 84.2% in the 2nd 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. Hedge funds and other institutional investors own 87.63% of the company’s stock.

United Natural Foods Stock Performance

NYSE UNFI opened at $43.88 on Friday. The company has a market cap of $2.67 billion, a P/E ratio of -33.75 and a beta of 0.83. The company has a debt-to-equity ratio of 1.11, a quick ratio of 0.52 and a current ratio of 1.33. The business’s 50 day moving average price is $40.31 and its 200-day moving average price is $37.59. United Natural Foods has a fifty-two week low of $20.78 and a fifty-two week high of $47.58.

United Natural Foods (NYSE:UNFI) last released its earnings results on Tuesday, March 10th. The company reported $0.62 earnings per share for the quarter, beating the consensus estimate of $0.51 by $0.11. The firm had revenue of $7.95 billion for the quarter, compared to the consensus estimate of $8.11 billion. United Natural Foods had a positive return on equity of 6.05% and a negative net margin of 0.25%.The company’s revenue for the quarter was down 2.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.22 EPS. United Natural Foods has set its FY 2026 guidance at 2.300-2.700 EPS. Sell-side analysts predict that United Natural Foods will post 0.76 earnings per share for the current year.

About United Natural Foods

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.