Media stories about United Natural Foods (NASDAQ:UNFI) have been trending somewhat positive on Wednesday, Accern reports. The research group identifies negative and positive press coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. United Natural Foods earned a daily sentiment score of 0.22 on Accern’s scale. Accern also assigned media stories about the company an impact score of 45.805774934839 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
Here are some of the news articles that may have effected Accern Sentiment’s rankings:
- Initiating Research Reports on Food Wholesale Equities — Hain Celestial … (prnewswire.com)
- United Natural Foods, Inc. (UNFI) Stake Decreased by Riverbridge Partners LLC (highlightpress.com)
- United Natural Foods, Inc. (NASDAQ:UNFI) Receives Consensus Recommendation of “Hold” from Brokerages (americanbankingnews.com)
- $2.36 Billion in Sales Expected for United Natural Foods, Inc. (NASDAQ:UNFI) This Quarter (americanbankingnews.com)
- Checking the Numbers on Shares of United Natural Foods Inc (UNFI) - Bulletin News (orobulletin.com)
United Natural Foods (UNFI) traded down 1.16% during mid-day trading on Wednesday, reaching $37.43. The company had a trading volume of 184,344 shares. The stock has a market capitalization of $1.89 billion, a P/E ratio of 15.03 and a beta of 1.38. The stock has a 50 day moving average price of $37.07 and a 200-day moving average price of $41.77. United Natural Foods has a 12-month low of $29.53 and a 12-month high of $51.37.
United Natural Foods (NASDAQ:UNFI) last announced its earnings results on Tuesday, June 6th. The company reported $0.77 EPS for the quarter, topping the Zacks’ consensus estimate of $0.76 by $0.01. United Natural Foods had a return on equity of 8.21% and a net margin of 1.38%. The company had revenue of $2.37 billion for the quarter, compared to analysts’ expectations of $2.42 billion. During the same period last year, the firm earned $0.76 EPS. United Natural Foods’s revenue for the quarter was up 11.1% compared to the same quarter last year. Equities analysts anticipate that United Natural Foods will post $2.55 EPS for the current fiscal year.
A number of equities analysts have weighed in on UNFI shares. Jefferies Group LLC set a $44.00 price target on United Natural Foods and gave the stock a “hold” rating in a research report on Friday, May 26th. Citigroup Inc. reaffirmed a “buy” rating and set a $49.00 price target (down previously from $54.00) on shares of United Natural Foods in a research report on Saturday, April 22nd. BMO Capital Markets set a $38.00 price target on United Natural Foods and gave the stock a “hold” rating in a research report on Tuesday, June 27th. Zacks Investment Research upgraded United Natural Foods from a “sell” rating to a “hold” rating in a research note on Thursday, June 8th. Finally, Deutsche Bank AG dropped their price objective on United Natural Foods from $46.00 to $43.00 and set a “hold” rating on the stock in a research note on Wednesday, June 7th. Three investment analysts have rated the stock with a sell rating, twelve have issued a hold rating and three have issued a buy rating to the stock. The stock currently has an average rating of “Hold” and an average target price of $40.86.
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About United Natural Foods
United Natural Foods, Inc is a distributor and retailer of natural, organic and specialty products. The Company’s segments include Wholesale and Other. The Wholesale segment is engaged in the national distribution of natural, organic and specialty foods, produce and related products in the United States and Canada.
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