William Blair Issues Negative Estimate for UniFirst Earnings

UniFirst Co. (NYSE:UNF) – Equities researchers at William Blair reduced their Q1 2025 earnings estimates for shares of UniFirst in a research note issued on Wednesday, October 23rd. William Blair analyst T. Mulrooney now expects that the textile maker will post earnings of $2.23 per share for the quarter, down from their previous estimate of $2.39. The consensus estimate for UniFirst’s current full-year earnings is $7.33 per share. William Blair also issued estimates for UniFirst’s Q2 2025 earnings at $1.31 EPS, Q3 2025 earnings at $2.08 EPS, Q4 2025 earnings at $1.94 EPS, FY2025 earnings at $7.57 EPS and FY2026 earnings at $8.82 EPS.

UNF has been the subject of several other reports. Robert W. Baird lifted their target price on shares of UniFirst from $199.00 to $200.00 and gave the company a “neutral” rating in a report on Thursday. StockNews.com raised shares of UniFirst from a “hold” rating to a “buy” rating in a report on Monday, August 12th. One analyst has rated the stock with a sell rating, three have issued a hold rating and one has issued a buy rating to the company’s stock. According to data from MarketBeat.com, UniFirst currently has a consensus rating of “Hold” and an average price target of $186.25.

UniFirst Trading Down 1.1 %

Shares of NYSE UNF opened at $187.01 on Friday. UniFirst has a 12 month low of $149.58 and a 12 month high of $200.07. The company has a 50 day simple moving average of $188.87 and a two-hundred day simple moving average of $175.43. The stock has a market cap of $3.48 billion, a price-to-earnings ratio of 27.30 and a beta of 0.81.

Insider Activity

In related news, Director Michael Iandoli sold 682 shares of the business’s stock in a transaction on Wednesday, July 31st. The shares were sold at an average price of $194.30, for a total value of $132,512.60. Following the completion of the sale, the director now owns 4,744 shares of the company’s stock, valued at approximately $921,759.20. The trade was a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 0.74% of the company’s stock.

Institutional Investors Weigh In On UniFirst

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Quarry LP increased its holdings in UniFirst by 1,627.3% in the 2nd quarter. Quarry LP now owns 190 shares of the textile maker’s stock worth $33,000 after acquiring an additional 179 shares in the last quarter. GAMMA Investing LLC increased its holdings in UniFirst by 60.5% in the 3rd quarter. GAMMA Investing LLC now owns 183 shares of the textile maker’s stock worth $36,000 after acquiring an additional 69 shares in the last quarter. Covestor Ltd increased its holdings in UniFirst by 69.7% in the 1st quarter. Covestor Ltd now owns 414 shares of the textile maker’s stock worth $72,000 after acquiring an additional 170 shares in the last quarter. Innealta Capital LLC purchased a new stake in UniFirst in the 2nd quarter worth $92,000. Finally, Eastern Bank purchased a new stake in UniFirst in the 3rd quarter worth $109,000. Hedge funds and other institutional investors own 78.17% of the company’s stock.

About UniFirst

UniFirst Corporation provides workplace uniforms and protective work wear clothing in the United States, Europe, and Canada. The company operates through U.S. and Canadian Rental and Cleaning, Manufacturing, Specialty Garments Rental and Cleaning, and First Aid segments. It designs, manufactures, personalizes, rents, cleans, delivers, and sells a range of uniforms and protective clothing, including shirts, pants, jackets, coveralls, lab coats, smocks, and aprons; and specialized protective wear, such as flame resistant and high visibility garments.