Sidoti Csr Issues Pessimistic Forecast for Unifi Earnings

Unifi, Inc. (NYSE:UFI) – Equities researchers at Sidoti Csr dropped their Q4 2026 earnings per share (EPS) estimates for Unifi in a research report issued on Wednesday, October 29th. Sidoti Csr analyst A. Lebiedzinski now expects that the textile maker will post earnings of $0.28 per share for the quarter, down from their previous forecast of $0.34. The consensus estimate for Unifi’s current full-year earnings is ($2.25) per share.

Unifi (NYSE:UFI) last posted its earnings results on Wednesday, August 20th. The textile maker reported ($0.56) EPS for the quarter, topping the consensus estimate of ($0.80) by $0.24. Unifi had a negative return on equity of 19.64% and a negative net margin of 3.56%.The business had revenue of $138.54 million during the quarter, compared to analysts’ expectations of $149.84 million.

Several other equities research analysts have also issued reports on UFI. Wall Street Zen raised Unifi from a “sell” rating to a “hold” rating in a research note on Saturday, September 13th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Unifi in a research note on Wednesday, October 8th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Unifi presently has an average rating of “Sell”.

Unifi Trading Up 1.3%

Shares of UFI stock opened at $4.47 on Friday. The company has a quick ratio of 1.59, a current ratio of 3.32 and a debt-to-equity ratio of 0.38. The business has a 50-day moving average price of $4.54 and a two-hundred day moving average price of $4.74. Unifi has a 12-month low of $4.25 and a 12-month high of $6.60. The firm has a market cap of $82.05 million, a P/E ratio of -3.92 and a beta of 0.61.

Institutional Investors Weigh In On Unifi

A number of hedge funds and other institutional investors have recently modified their holdings of UFI. Jane Street Group LLC bought a new stake in shares of Unifi in the 1st quarter valued at about $64,000. XTX Topco Ltd bought a new stake in shares of Unifi in the 2nd quarter valued at about $80,000. Assenagon Asset Management S.A. bought a new stake in shares of Unifi in the 3rd quarter valued at about $92,000. Goldman Sachs Group Inc. bought a new stake in shares of Unifi in the 1st quarter valued at about $96,000. Finally, Pinnacle Wealth Management Advisory Group LLC bought a new stake in shares of Unifi in the 3rd quarter valued at about $110,000. Institutional investors own 67.67% of the company’s stock.

About Unifi

Unifi, Inc, together with its subsidiaries, engages in the manufacture and sale of recycled and synthetic products in North America, Central America, South America, Asia, and Europe. Its polyester products include partially oriented yarn, textured, solution and package dyed, twisted, beamed, and draw wound yarns in virgin or recycled varieties; and nylon products comprise virgin or recycled textured, solution dyed, and spandex covered yarns.