Equities Analysts Issue Forecasts for Unifi FY2027 Earnings

Unifi, Inc. (NYSE:UFI) – Investment analysts at Sidoti lowered their FY2027 EPS estimates for Unifi in a research note issued on Thursday, August 20th. Sidoti analyst A. Lebiedzinski now expects that the textile maker will post earnings of $0.00 per share for the year, down from their previous forecast of $0.06.

UFI has been the topic of several other reports. Weiss Ratings raised Unifi from a “sell (e+)” rating to a “sell (d-)” rating in a report on Friday, July 10th. Wall Street Zen raised Unifi to a “hold” rating in a report on Sunday, July 12th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company has an average rating of “Sell”.

Unifi Trading Down 2.3%

NYSE:UFI opened at $7.48 on Monday. The company has a market cap of $138.98 million, a PE ratio of -5.62 and a beta of 0.69. The company has a current ratio of 3.33, a quick ratio of 1.74 and a debt-to-equity ratio of 0.34. The company has a 50 day simple moving average of $6.06 and a two-hundred day simple moving average of $4.65. Unifi has a 12 month low of $2.96 and a 12 month high of $8.47.

Unifi (NYSE:UFI) last issued its quarterly earnings data on Wednesday, August 19th. The textile maker reported ($0.06) earnings per share for the quarter, meeting analysts’ consensus estimates of ($0.06). Unifi had a negative net margin of 4.62% and a negative return on equity of 10.32%. The company had revenue of $144.22 million for the quarter, compared to the consensus estimate of $139.75 million.

Institutional Trading of Unifi

Several large investors have recently added to or reduced their stakes in the business. Minerva Advisors LLC increased its holdings in Unifi by 6.1% during the fourth quarter. Minerva Advisors LLC now owns 1,222,420 shares of the textile maker’s stock valued at $4,278,000 after buying an additional 69,939 shares during the last quarter. Vanguard Group Inc. raised its position in Unifi by 3.0% in the third quarter. Vanguard Group Inc. now owns 730,812 shares of the textile maker’s stock worth $3,479,000 after acquiring an additional 21,195 shares during the period. Neuberger Berman Group LLC boosted its stake in shares of Unifi by 11.1% during the 4th quarter. Neuberger Berman Group LLC now owns 270,880 shares of the textile maker’s stock worth $948,000 after acquiring an additional 27,158 shares during the last quarter. Marquette Asset Management LLC purchased a new position in shares of Unifi during the 2nd quarter worth $374,000. Finally, Jane Street Group LLC boosted its stake in shares of Unifi by 386.9% during the 4th quarter. Jane Street Group LLC now owns 58,311 shares of the textile maker’s stock worth $204,000 after acquiring an additional 46,336 shares during the last quarter. 67.67% of the stock is currently owned by institutional investors.

Unifi Company Profile

Unifi, Inc (NYSE: UFI) is a global manufacturer of polyester and nylon textured yarns and fibers, specializing in both virgin and recycled synthetic materials. Headquartered in Greensboro, North Carolina, the company serves a diverse range of end markets including apparel, athleisure, home furnishings, automotive and industrial applications. Unifi’s vertically integrated operations encompass polymer extrusion, spinning, texturing, and finishing processes designed to meet the performance and aesthetic requirements of its customers.

A key differentiator for Unifi is its REPREVE® brand, a family of certified recycled performance fibers made from post?consumer plastic bottles and other waste streams.