Analysts expect that Unifi, Inc. (NYSE:UFI) will post $0.16 earnings per share (EPS) for the current fiscal quarter, according to Zacks. Two analysts have provided estimates for Unifi’s earnings, with estimates ranging from $0.12 to $0.20. Unifi reported earnings per share of $0.22 during the same quarter last year, which suggests a negative year over year growth rate of 27.3%. The company is scheduled to issue its next earnings results on Thursday, April 29th.
On average, analysts expect that Unifi will report full year earnings of $0.92 per share for the current financial year, with EPS estimates ranging from $0.81 to $1.03. For the next financial year, analysts expect that the business will report earnings of $0.95 per share, with EPS estimates ranging from $0.75 to $1.15. Zacks Investment Research’s EPS averages are an average based on a survey of analysts that follow Unifi.
Unifi (NYSE:UFI) last issued its quarterly earnings data on Thursday, January 28th. The textile maker reported $0.40 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.08 by $0.32. The firm had revenue of $162.78 million during the quarter, compared to the consensus estimate of $147.10 million. Unifi had a negative return on equity of 2.98% and a negative net margin of 10.13%.
Institutional investors and hedge funds have recently added to or reduced their stakes in the company. BlackRock Inc. grew its holdings in shares of Unifi by 5.0% during the fourth quarter. BlackRock Inc. now owns 2,250,650 shares of the textile maker’s stock valued at $39,926,000 after buying an additional 107,596 shares in the last quarter. Kennedy Capital Management Inc. grew its holdings in shares of Unifi by 23.1% during the 4th quarter. Kennedy Capital Management Inc. now owns 396,137 shares of the textile maker’s stock valued at $7,027,000 after acquiring an additional 74,380 shares in the last quarter. Morgan Stanley increased its stake in shares of Unifi by 156.6% in the third quarter. Morgan Stanley now owns 243,711 shares of the textile maker’s stock worth $3,129,000 after acquiring an additional 148,738 shares during the last quarter. Roubaix Capital LLC acquired a new stake in Unifi during the fourth quarter valued at $3,521,000. Finally, AQR Capital Management LLC grew its stake in Unifi by 66.8% in the third quarter. AQR Capital Management LLC now owns 132,472 shares of the textile maker’s stock valued at $1,701,000 after purchasing an additional 53,068 shares in the last quarter. Institutional investors own 65.06% of the company’s stock.
NYSE:UFI traded up $0.74 on Wednesday, reaching $27.66. The stock had a trading volume of 28,003 shares, compared to its average volume of 87,517. Unifi has a 12-month low of $9.23 and a 12-month high of $30.94. The firm’s fifty day moving average is $27.98 and its two-hundred day moving average is $20.57. The company has a market cap of $511.18 million, a price-to-earnings ratio of -8.84 and a beta of 0.94. The company has a debt-to-equity ratio of 0.25, a current ratio of 3.73 and a quick ratio of 2.32.
Unifi Company Profile
Unifi, Inc, together with its subsidiaries, engages in the manufacture and sale of recycled and synthetic products made from polyester and nylon in the United States, Brazil, China, and internationally. It operates in four segments: Polyester, Nylon, Brazil, and Asia. The Polyester segment offers partially oriented, textured, solution and package dyed, twisted, beamed, and draw wound yarns; and pre-consumer and post-consumer waste products, including plastic bottle flakes and polyester polymer beads to other yarn manufacturers, and knitters and weavers that produce yarn and/or fabric for the apparel, hosiery, home furnishings, automotive, industrial, and other end-use markets.
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